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Magic Leap founder raises $20M for new AI startup SynthBee
AI startup SynthBee secures significant seed funding: Rony Abovitz, a seasoned tech entrepreneur, has launched a new AI company called SynthBee, which has successfully raised $20 million in seed funding. SynthBee, based in Fort Lauderdale, has secured the investment led by Crosspoint Capital Partners to support its growth and development of a proprietary computing intelligence platform. The startup aims to focus on enterprise productivity, emphasizing security, transparency, and scalability while preserving intellectual property and know-how. Founder's track record: Rony Abovitz brings a wealth of experience and success to his new venture, having previously founded and led innovative technology companies. Abovitz...
read Oct 16, 2024AI-powered PCs struggle to deliver on performance promises
AI PCs fall short of performance expectations: Recent benchmarks reveal that AI-powered PCs are struggling to deliver on their promised computational capabilities, particularly in the realm of neural processing units (NPUs). Qualcomm's NPU technology under scrutiny: Pete Warden, a long-time advocate of Qualcomm's NPU technology, has expressed disappointment with the performance of these chips in Windows tablets, specifically the Microsoft Surface Pro running on Arm. Warden's history with Qualcomm includes collaborating on experimental support for their HVX DSP in TensorFlow back in 2017. The promise of up to 45 trillion operations per second on Windows tablets equipped with Qualcomm's NPUs...
read Oct 16, 2024AI cheating lawsuits are here: Parents sue high school over cheating allegations
AI-related cheating accusation sparks legal battle: A Massachusetts family has filed a federal lawsuit against their son's high school after he was accused of cheating by using artificial intelligence for a history assignment. Jennifer and Dale Harris, parents of a Hingham High School student, claim their son used AI only for research purposes and not to write the paper itself. The student faced detention and a grade reduction as a result of the accusation, according to the family. The lawsuit alleges that the student would suffer "irreparable harm" due to the incident, particularly as he is applying to elite colleges...
read Oct 16, 2024Motorola embraces AI with new large action model
Motorola introduces innovative AI-powered 'action model': The company showcased a new concept that allows users to perform complex tasks through simple text prompts, demonstrating its potential on a Razr Plus smartphone. The 'large action model' AI is designed to execute actions on behalf of users, streamlining interactions with various apps and services. During a demonstration, the AI successfully opened the Uber app and called a ride based on a text prompt, highlighting its practical applications in everyday tasks. While this advanced feature is not slated for immediate release, Motorola is developing other AI functionalities that may be available sooner. Practical...
read Oct 16, 2024Dropbox’s ‘Dash’ gives you AI-powered insights into your content
AI-powered universal search for businesses: Dropbox has introduced Dash for Business, a new tool designed to streamline content search and organization across multiple apps and platforms. Dash for Business aims to solve the problem of information fragmentation in modern workplaces by providing a single search interface for content stored across various apps and services. The tool integrates with popular platforms such as Google Drive, OneDrive, Notion, and Asana, as well as email and calendar applications. Dash for Business is powered by artificial intelligence, enabling it to provide real-time answers and content summaries without the need to open individual files. Key...
read Oct 16, 2024Cognizant’s new AI agents let you prototype without code
Cognizant enhances Neuro AI platform with multi-agent functionality: Cognizant has upgraded its Neuro AI platform, introduced last year, to include multi-agent capabilities, allowing organizations to ideate, prototype, and test generative AI applications without coding. Platform evolution and client-driven enhancements: The Neuro AI platform has transformed from a service operated by Cognizant experts to a tool that enterprises can use independently and host in-house. Babak Hodjat, Cognizant's CTO of AI, revealed that client demand drove the decision to make Neuro AI available for self-use by enterprises. The platform's ability to generate ideas for applying generative AI in businesses has made it...
read Oct 16, 2024How Heineken is using generative AI to boost innovation
AI-driven transformation in brewing: HEINEKEN, the renowned Dutch brewing company, is leveraging generative AI to revolutionize its operations and maintain its competitive edge in the global beverage market. Tony Costella, Global Consumer and Market Insights Director at HEINEKEN, shared insights on the company's AI strategy, which spans from enhancing consumer understanding to boosting innovation and streamlining internal processes. The company's approach demonstrates how traditional industries can effectively integrate cutting-edge technology to drive innovation and efficiency. Knowledge management revolution: HEINEKEN has developed an AI-powered knowledge management system, named "Kim" (Knowledge and Insight Management), to efficiently access and utilize its vast repository...
read Oct 16, 2024How to use ChatGPT to craft standout cover letters
Leveraging AI for job applications: ChatGPT, an advanced language model, can be a valuable tool for crafting compelling cover letters, helping job seekers streamline their application process and potentially stand out from other candidates. Cover letters remain an important component of many job applications, allowing candidates to express their interest in a role and highlight relevant qualifications. While not always mandatory, cover letters provide an opportunity to showcase aspects of your experience and personality that may not be apparent from a resume alone. Step-by-step guide to using ChatGPT for cover letters: Access ChatGPT: Visit the ChatGPT website and log in...
read Oct 16, 2024Will AI replace lawyers? OpenAI, Google and the future of legal work
The evolving legal landscape in the age of AI: OpenAI's o1 model and DeepMind's AlphaGeometry are pushing the boundaries of artificial intelligence, potentially transforming the legal profession with their advanced reasoning capabilities. Neuro-symbolic AI: Bridging intuition and logic: This hybrid approach combines the pattern-recognition strengths of neural networks with the precision of symbolic AI, mirroring human cognitive processes. Neural networks, like those powering ChatGPT, excel at rapid, intuitive thinking but can sometimes lead to errors or "hallucinations." Symbolic AI, exemplified by IBM's Watson, operates on logic and rules, making it ideal for domains requiring strict adherence to predefined procedures. Neuro-symbolic...
read Oct 16, 2024How to turn any FAQ into an AI chatbot using Dify and ChatGPT
Here's a quick and dirty guide to turn an FAQ into a chatbot using Dify and GPT: Gather FAQ content: Visit the website with the FAQ you want to convert Expand all FAQ sections if they are collapsed Copy and paste the full text of all questions and answers Sign up for Dify: Go to the Dify website Create a new account if you don't already have one Create a new chatbot: In your Dify dashboard, select the option to create a new blank chatbot Configure the chatbot: Paste in the copied FAQ text Add any additional instructions or context...
read Oct 16, 2024Using LLMs? Here’s where you may be wasting the most money
The big picture: Large Language Models (LLMs) like GPT, Claude, and Mistral have significantly boosted productivity in content creation, but inefficiencies arise when making small changes to large documents, leading to wasted time and resources. The Pareto Principle in AI-generated content: As content grows in size, even minor modifications become increasingly tedious, inefficient, and costly in terms of time and resources. This pattern is particularly noticeable in code generation and text creation. The issue becomes more pronounced as the content length increases, making small changes disproportionately challenging. A real-world example: Creating and modifying a landing page using an LLM illustrates...
read Oct 16, 2024How to navigate data drift and bias in enterprise AI adoption
The importance of data quality in AI adoption: As organizations increasingly turn to AI technologies for innovation and competitiveness, the quality of data used to train AI models becomes a critical factor in determining their effectiveness and accuracy. AI technologies rely heavily on data to learn and make predictions, making high-quality data essential for obtaining accurate results and realizing the full benefits of these systems. Two significant challenges that can impact data quality and AI model performance are data drift and data bias, both of which require careful consideration and management. Understanding data drift: Data drift occurs when the statistical...
read Oct 16, 2024Android users get free access to Google’s Gemini AI assistant
Gemini Live expands accessibility: Google has made its conversational AI assistant, Gemini Live, freely available to all English-speaking Android users, marking a significant expansion in the accessibility of advanced AI technology. Previously exclusive to Gemini Advanced subscribers at $20 per month, Gemini Live is now integrated into the Gemini mobile app for Android at no cost. The feature supports six languages: English, German, Spanish, French, Portuguese, and Hindi, catering to a diverse global user base. Users can access Gemini Live by updating their Gemini app and looking for the waveform icon at the bottom left of the app screen. Enhanced...
read Oct 16, 2024AI weather reports expand to more Pixel devices
Google expands Pixel Weather app availability: The new Pixel Weather app, initially exclusive to the Pixel 9 series, is now rolling out to older Pixel devices as part of the October 2024 Pixel Feature Drop. Key features of the updated app: A revamped interface with a gradient background that adapts to current weather conditions Customizable layout with repositionable widgets for wind speed, sunrise/sunset times, AQI, and more Redesigned home screen weather widgets for quick forecast checks AI Weather Report powered by Gemini, offering actionable insights for daily planning Weather Map feature showing rain forecasts for select cities in the US,...
read Oct 16, 2024AI chip stocks dip: Is now the time to buy?
Market volatility and chip stock opportunities: Tuesday's trading session saw a decline in stocks, particularly in the semiconductor sector, presenting potential buying opportunities for investors. The S&P 500 retreated from its record-high close on Monday, with notable drops in chip stocks Nvidia and Advanced Micro Devices (AMD). A Bloomberg report suggesting potential caps on AI chip exports to Persian Gulf countries contributed to the decline in semiconductor stocks. Jim Cramer sees this dip as a chance for investors to enter or add to positions in chip stocks, particularly highlighting AMD as "very cheap" compared to Nvidia. Geopolitical tensions and oil...
read Oct 16, 2024Arm expands ecosystem for efficient AI datacenter chips
The AI datacenter revolution: Arm is leading a significant shift in the development of sustainable AI datacenter silicon through its expanding Arm Total Design ecosystem, which has doubled in size over the past year. The ecosystem now boasts more than 30 participating companies, including recent additions like Alcor Micro, Egis, PUF Security, and SemiFive. Arm Total Design aims to address key challenges in the datacenter industry, including balancing power demands with growing AI workloads, reducing chip development costs and complexity, and enhancing sustainability. Collaborative innovation in AI computing: A new partnership between Arm, Samsung Foundry, ADTechnology, and Rebellions exemplifies the...
read Oct 16, 2024Samsung Galaxy S24 FE comes with free $100 Amazon gift card
Samsung Galaxy S24 FE bundle deal: A compelling offer for smartphone enthusiasts: Amazon is currently offering a $100 gift card with the purchase of the Samsung Galaxy S24 FE AI smartphone, presenting an attractive opportunity for consumers in the market for a new device. The bundle deal includes the Samsung Galaxy S24 FE smartphone and a $100 Amazon gift card for a total price of $710. This offer is available ahead of Amazon's Big Deal Days sale on October 8 and 9, 2024. Some color options are already selling out, indicating high demand for this limited-time offer. Key features of...
read Oct 16, 2024Adobe’s new AI tools will change how ads are made
AI-Powered Video Creation Revolutionizes Advertising Industry: Adobe's latest AI tools are set to transform how advertisers and creators produce and modify video content, offering unprecedented speed and ease in content creation. Key Advancements in AI-Driven Video Production: Adobe has introduced AI tools that enable the creation and modification of videos from prompts and existing images. The new features include the ability to generate videos with text, a capability that many AI image generators have struggled with in the past. Users can now manipulate various aspects of video production, such as camera pans, movement intensity, angles, and shot sizes. Adobe has...
read Oct 16, 2024How to separate real innovation from AI hype
AI's transformative impact on ITSM: Artificial Intelligence is rapidly reshaping IT Service Management (ITSM), becoming an essential component rather than just an add-on in the tech industry. AI is being integrated into various ITSM processes, including predictive maintenance, automated decision-making, and issue management. Major IT companies are leveraging AI to streamline ITSM operations, recognizing its game-changing potential. Despite the clear benefits, the hype surrounding AI has led to concerns about exaggerated claims and limited robust use cases. The reality of AI adoption in ITSM: A recent report by ManageEngine and the Service Desk Institute reveals a mixed landscape of AI...
read Oct 16, 2024How AI avatars will modernize education
AI avatars transforming education: The integration of AI avatars in educational settings is emerging as a powerful tool to enhance learning experiences and address systemic challenges faced by educators in the United States. AI avatars are designed to complement, not replace, human teachers by serving as digital assistants that can handle routine tasks and provide personalized support. This technology aims to free up teachers' time, allowing them to focus on complex teaching tasks, one-on-one interactions, and inspiring students. Enhanced student engagement: AI avatars have the potential to significantly boost student participation and motivation in the learning process. Research indicates that...
read Oct 16, 2024AI’s 2 Nobel Prize wins are sparking debate in the science community
AI's impact on Nobel Prizes sparks debate: The 2023 Nobel Prizes in physics and chemistry recognized artificial intelligence (AI) contributions, igniting discussions about the boundaries of scientific disciplines and the role of computational methods in traditional fields. Physics Nobel controversy: The award of the physics Nobel to Geoffrey Hinton and John Hopfield for their work on neural networks drew mixed reactions from the scientific community. Some physicists argued that the research was more aligned with computer science than physics, expressing concern about the dilution of the field's recognition. Others welcomed the interdisciplinary nature of the work, noting its roots in...
read Oct 16, 20241minAI offers lifetime access to a range of AI apps, all for $40
AI Integration Revolution: 1minAI offers a comprehensive solution to the fragmented landscape of AI tools, offering a lifetime subscription that consolidates multiple AI services into a single platform. 1minAI's Pro plan is currently available for a one-time payment of $39.99, providing lifetime access to a suite of AI tools. The service integrates popular AI platforms such as OpenAI (ChatGPT), Gemini, Midjourney, Meta AI, Leonardo.AI, stability.ai, Claude, MistralAI, and Cohere. Versatile AI Capabilities: The platform caters to a wide range of AI-driven tasks, positioning itself as a potential one-stop solution for users' AI needs. Users can generate text, summarize content, receive...
read Oct 16, 2024Predictive, prescriptive and generative AI — how each is impacting our world
The AI revolution unfolds: Predictive, prescriptive, and generative AI are transforming industries and reshaping our world with their powerful capabilities to forecast, decide, and create. Predictive AI: The digital crystal ball: This technology uses historical data and machine learning to forecast future outcomes with remarkable accuracy, revolutionizing industries from weather forecasting to healthcare. Retail giants use predictive AI to anticipate consumer trends and optimize inventory management. Financial institutions employ it to detect fraudulent transactions before they occur. Healthcare providers leverage predictive AI to identify patients at risk of developing certain conditions, enabling early intervention. Limitations and considerations: While powerful, predictive...
read Oct 16, 2024Can Wall Street’s 2-year rally continue with so much AI concentration?
Bull market celebrates two-year milestone: Wall Street marks the second anniversary of a remarkable bull market that has seen significant gains in the S&P 500 index, despite facing numerous economic challenges. The S&P 500 has risen 22% in the first year and an additional 33.7% in the second year since October 12, 2022. The index has recorded 44 all-time highs during this period, boosting corporate profits and the value of Americans' retirement accounts and investments. Unusual resilience in uncertain times: This bull market has demonstrated exceptional strength, persevering through various economic hurdles and geopolitical tensions. Stocks continued to rise despite...
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