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29 Nov 2024

Amazon's Olympus: A New Multimodal AI Model Set to Rival OpenAI's Sora

Amazon is reportedly preparing to unveil Olympus, a powerful multimodal AI model capable of processing text, images, and videos. This development could significantly reduce Amazon's reliance on third-party AI models and position the company as a strong competitor in the AI race.

2 Sources

UK Government Faces Criticism for Lack of Transparency in Public Sector AI Use

The UK government is under fire for failing to update its mandatory AI register, raising concerns about transparency and accountability in the use of artificial intelligence in public services.

2 Sources

Baijiayun Partners with Alibaba's DingTalk, Advancing AI Video Solutions in Enterprise Collaboration

Baijiayun Group Ltd, an AI video solution provider, has formed an ecological cooperation with DingTalk, Alibaba's enterprise collaboration platform. This partnership aims to enhance digital services for businesses through AI-powered video technologies.

2 Sources

28 Nov 2024

India Leads in AI-Driven Sustainability Initiatives, IBM Report Reveals

IBM's State of Sustainability Readiness Report 2024 highlights India's leadership in AI-powered sustainability efforts, with 98% of Indian business leaders planning to increase IT investments for sustainability.

3 Sources

ByteDance Sues Former Intern for $1.1 Million Over Alleged AI Project Sabotage

ByteDance, TikTok's parent company, is suing a former intern for $1.1 million, accusing him of deliberately sabotaging an AI training project. The case has drawn significant attention in China's competitive AI landscape.

4 Sources

Uncertain Future for AI Regulations as US Shifts to Republican Control

As the US government transitions to full Republican control, the future of AI regulations becomes uncertain. The new administration's focus on deregulation raises questions about the balance between innovation and safeguards in AI development.

5 Sources

iQOO 13 Set to Launch with Advanced AI Features and Extended Software Support

iQOO is launching its flagship smartphone, iQOO 13, with Funtouch OS 15, promising 4 years of Android updates and 5 years of security patches. The device will feature the Snapdragon 8 Elite chipset and various AI-powered tools.

2 Sources

AI Jesus Experiment in Swiss Chapel Explores Intersection of Faith and Technology

A two-month art installation in a Swiss Catholic chapel featuring an AI-powered 'Jesus' avatar draws both praise and controversy, raising questions about the role of artificial intelligence in religion.

7 Sources

Rakovina Therapeutics Expands Private Placement to $3 Million, Leveraging AI for Cancer Drug Discovery

Rakovina Therapeutics, a biopharmaceutical company, has increased its private placement offering to $3 million. The company plans to use the funds to advance cancer treatments using AI platforms for drug discovery and development.

5 Sources

Commonwealth Bank of Australia Embraces AI to Transform Banking Operations

Commonwealth Bank of Australia (CBA) is leveraging artificial intelligence to revolutionize its banking operations, with CEO Matt Comyn emphasizing the importance of being proactive in AI adoption.

2 Sources

Panasonic Resurrects Founder Konosuke Matsushita as AI Avatar for Management Wisdom

Panasonic has created an AI clone of its late founder, Konosuke Matsushita, using his writings, speeches, and voice recordings. This digital resurrection aims to preserve and share his management philosophy with new generations.

8 Sources

OnePlus 12 Receives Major OxygenOS 15 Update with AI-Powered Features

OnePlus rolls out a significant update for the OnePlus 12, introducing AI-powered features in photography and note-taking, along with other improvements to OxygenOS 15.

4 Sources

ElevenLabs Launches GenFM: AI-Powered Podcast Generator Challenges Google's NotebookLM

ElevenLabs introduces GenFM, a new AI feature in its ElevenReader app that transforms various content types into podcast-style conversations, offering multi-language support and competing with Google's NotebookLM.

6 Sources

Elon Musk's AI Ambitions Strain Nvidia's Chip Supply Chain

Elon Musk's Tesla and xAI are pushing Nvidia to its limits with demands for AI chips, highlighting the intense competition in the AI hardware market and the critical role of chip supply in advancing AI technology.

2 Sources

Google Launches AI Campus in London to Boost Digital Skills and Public Sector Efficiency

Google has launched an AI Campus in London, offering AI education to students and releasing research on AI's potential to transform the UK public sector. The initiative aims to equip the next generation with essential digital skills and explore AI's impact on various fields.

2 Sources

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