Travel startup Layla, supported by notable investors like firstminute capital and M13, has recently acquired AI-powered itinerary bot Roam Around, initiated by ex-Google employee Shie Gabbai. Layla, which debuted its AI-driven trip planning bot publicly last year, sets itself apart by leveraging insight from prominent collaborators such as Booking.com and Skyscanner, along with an archive […]
Grammarly, the safeguard of grammatical gaffes, is making bold moves by trimming its workforce globally. Positioned as a pivot towards the AI-driven future workplace, Grammarly hopes to position itself strategically amidst industry flux and global quakes. CEO Roy-Chowdhury claimed the layoffs are a skillset shuffle, not a penny-pinching parade, reassuring a financially fit stance.
In a world where the inner workings of AI models often resemble a mysterious black box, EQTY lab emerges as a beacon of clarity and accountability. With their innovative software, they aim to revolutionize the world of generative AI models by providing a solution that ensures transparency and integrity from inception to implementation. The […]
Disney has unveiled, “Disney’s Magic Words,” an AI-powered tool set to revolutionize advertising on Disney+ and Hulu. This technology harnesses the power of AI and machine learning to analyze scenes across Disney’s vast content library. By tagging scenes with metadata encompassing content details, brands, imagery, and mood, the tool enables advertisers to craft targeted ads […]
Sources whisper that Nvidia is sprouting a bespoke chip-making division aimed to cater to cloud computing mavericks and beyond, in a bid to ward off approaching challengers. Currently commanding an 80% market share of the high-end AI chip market, Nvidia’s coffers have swelled by a staggering 40% this year to $1.73 trillion, following a meteoric […]
In rural Germany, a supermarket reduced produce waste by nearly 30% by embracing AI. Freshflow, a startup behind the tech, aids retailers in predicting customer demands for fresh goods with impressive accuracy. These advancements are vital as the EU grapples with over 60 million tonnes of food waste yearly. A UK-based firm, BlakBear, is […]
Amazon Web Services CEO Adam Selipsky cautioned against the hype surrounding generative artificial intelligence (AI), drawing parallels to the dotcom bubble era where expectations often outstripped reality. Selipsky highlighted the potential pitfalls of rushing into AI projects without careful consideration, emphasizing the need for companies to discern between overhyped ventures and genuinely transformative technologies. […]
Google has thrown down the gauntlet in the world of AI with the rebranding of Bard to Gemini and the launch of its premium tier, Gemini Advanced. Sundar Pichai hailed this move as ‘the next step in the Gemini era,’ positioning Google to take on heavyweights like ChatGPT Plus. Despite keeping its core technology unchanged, […]
Daedalus, a dynamic startup spearheaded by one of OpenAI’s original engineering recruits, is on a mission to revolutionize manufacturing by utilizing AI to operate factories that craft personalized precision components. Based in Karlsruhe, Germany, Daedalus caters to diverse industries such as medical devices, aerospace, defense, and semiconductors, offering tailor-made parts like specialized metal casings for […]
Cisco has introduced Motific, a software-as-a-service (SaaS) offering designed to revolutionize generative AI deployment for enterprises. Born from the innovation hub Outshift, Motific provides a comprehensive view of the entire gen AI lifecycle, empowering IT and security teams to seamlessly implement trusted gen AI capabilities within their organizations, covering aspects like data management, security, responsible […]
In a world where corporate training videos often go unwatched or unheeded comes Colossyan, a GenAI-powered solution aiming to revolutionize workplace learning. Colossyan’s AI platform offers a dynamic approach, allowing users to create captivating videos featuring virtual avatars against customizable backgrounds. Founded by Dominik Mate Kovacs, Colossyan stands out in a sea of competition […]
Ikea is ushering in the era of AI assistants with its very own GPT Store companion. Imagine walking through the labyrinth of blue and yellow, only to be greeted by a digital brain eagerly waiting to decode your design dilemmas. Enter Ikea’s AI assistant, a virtual guide ready to shed light on product details and […]
OpenAI and Hugging Face made waves with their chatbot-building tools, but newcomer Cimba.AI is the new kid on the block, armed with $1.25 million in pre-seed funding and a dream to revolutionize AI assistance. Co-founded by former Airbnb and AWS experts, Cimba.AI aims to be your business’s personal _Jarvis_, offering customized AI agents for streamlined […]
In a high-stakes tale of acquisitions and tech triumph, the digital identity verification space is abuzz with news of Onfido’s impending acquisition by Entrust, a move that could shake the industry’s foundations. Sources whisper of a hefty sum north of $400 million changing hands, signaling an era-defining union. As regulatory hoops are maneuvered through, the […]
Google has rebranded its AI assistant from Bard to Gemini, emphasizing accessibility to Google AI for all users across supported countries and languages. With the introduction of Gemini Advanced, users can access Google’s latest AI advancements, including the powerful Ultra 1.0 model, for complex tasks like coding and logical reasoning. The new Gemini app aims […]
In a savvy strategic move, Microsoft partners with media start-up Semafor to utilize AI chatbots in journalism, unveiling their initiative with a weighty investment in a breaking news feed named ‘Signals’. The collaboration aims to offer multiple global perspectives on significant stories through human-written posts leveraging AI as a research tool. This bold move […]
Human resources (HR) professionals are facing increasing demands in today’s evolving workplace landscape, fueled by fragmentation and remote work scenarios. ADP, a leading HR and employee benefits software systems provider, has launched ADP Assist, a generative AI-powered chatbot tool aimed at assisting HR managers with common queries and tasks. ADP Assist offers features […]
Meta, formerly Facebook, is using users’ public posts on Instagram and Facebook to train powerful AI tools, making their social media profiles one of the most valuable datasets globally. Mark Zuckerberg boasted about Meta’s vast library of user-generated content during an earnings call, emphasizing the immense value of personal data in training AI models like […]
Tech layoffs are a strategic move by companies to realign priorities and invest in AI, rather than a sign of economic struggles. Despite recent layoffs, tech stocks are at all-time highs and the unemployment rate remains low, reflecting investor confidence in these strategic moves. Investments in AI are central to the tech industry’s […]
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