AI News

Meta has officially announced its testing of Meta AI, a powerful chatbot driven by a large language model, for WhatsApp, Instagram, and Messenger users in India and select regions of Africa. This strategic move highlights Meta's intent to leverage its vast user base across these platforms to enhance its AI services.

Meetings can be a major time drain, with U.S. workers spending an average of eight hours per week in them, depending on their industry and location, according to a 2022 poll by Deputy.com. This productivity loss has led to a rise in the use of AI summarization tools. In a recent survey by The Conference Board, nearly half of marketers reported using AI to streamline the summarization of emails, conference calls, and more.

Sound Offers Insights into Water Management and Conservation

Navigating the Financial Challenges of AI in Business

The global race for dominance in artificial intelligence (AI) is intensifying, but today, key players united to emphasize the importance of collaboration to reduce risks. During the AI Safety Summit at Bletchley Park in England, U.K. Technology Minister Michelle Donelan unveiled a new policy initiative called the Bletchley Declaration. This declaration seeks to foster a worldwide consensus on addressing the risks AI poses both now and as it evolves. Donelan also announced that this summit will become a recurring event, with another meeting planned in Korea in six months and a subsequent one in France six months later.

While palace intrigue may be making headlines around OpenAI, the company and its co-branded accelerator initiatives are moving forward without disruption, as confirmed by their PR team.

Advancements in artificial intelligence (AI) have made small and medium businesses (SMBs) prime targets for cybercrime, with estimates indicating they account for nearly half of all cyber breaches globally. Highlighting the growing demand for enhanced security solutions, Israeli startup Guardz has successfully secured $18 million in Series A funding to expand its innovative tools designed specifically for SMBs.

GenAI certainly presents challenges, but one area where it shines is in extracting answers from extensive data sources. Enter Glean, a cutting-edge software solution that connects to both first- and third-party enterprise databases, enabling employees to submit plain-language queries (e.g., “How do I invest in our company’s 401k?”) much like a customized ChatGPT. Founded by Arvind Jain, the co-founder of cloud data management firm Rubrik, Glean was born from Jain's recognition that many employees struggled to find the information they needed to perform their tasks effectively.

Microsoft's financial arrangement with Inflection AI's investors remains largely undisclosed, but sources reveal to The Information that the tech giant is investing around $650 million. This total includes approximately $620 million earmarked for non-exclusive licensing fees for Inflection's technology—allowing the startup to license its technology elsewhere—and an additional $30 million aimed at securing an agreement that prevents Inflection from pursuing legal action against Microsoft for its acquisition of co-founders Mustafa Suleyman and Karén Simonyan, along with key staff members.

Last year, Salesforce, renowned for its cloud sales software (and Slack), initiated an ambitious project called ProGen aimed at designing proteins using generative AI. This innovative research effort, detailed in a January 2023 blog post, suggested that ProGen could revolutionize the discovery of medical treatments, making the process more efficient and cost-effective compared to conventional methods.

European Union regulators enforcing the Digital Services Act (DSA) announced on Thursday that they are closely monitoring disinformation campaigns on X, the social network owned by Elon Musk, in light of the recent shooting involving Slovakia's Prime Minister, Robert Fico.

A challenging fundraising landscape is highlighting the sectors and companies in which investors hold strong conviction, along with those that fail to attract attention outside of bullish markets. While AI startups have led the pack in dealmaking this year, another sector attracting significant venture capital interest is defense technology.

A Canadian medical technology company has unveiled an innovative AI-driven mobile app that translates a baby's cries, helping parents better understand their child's needs. Ubenwa Health recently introduced Nanni AI, a user-friendly tool designed to provide parents with insights into common parenting challenges, such as identifying when a baby may be hungry or tired.

ArenaX Labs has raised $6 million to enhance AI Arena, a PvP platform fighter aimed at educating players about AI. The free-to-play game, set for beta launch soon, allows users to train AI characters, promoting meaningful interaction with AI technology. Pre-registration is now open.

Cristóbal Valenzuela showcased the “1stAI Machine,” described as the first AI-generated video editing device, designed for creativity with intuitive controls. Developed by SpecialGuestX, it serves as a prototype without plans for sale. The machine exemplifies the emerging trend of AI hardware aimed at enhancing user creativity.