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21 Nov 2024

Safe Pro Group's AI-Driven Drone Tech Secures US Patent for Explosive Detection

Safe Pro Group Inc. obtains a US patent for SpotlightAI, an AI-powered drone technology that detects and maps explosives, currently deployed in Ukraine for humanitarian demining efforts.

2 Sources

Deloitte and HPE Collaborate to Deliver Generative AI Solutions Through Private Cloud AI

Deloitte partners with Hewlett Packard Enterprise to leverage HPE Private Cloud AI for developing and deploying a wide range of Generative AI applications across various industries, promising faster implementation and improved business processes.

2 Sources

OpenAI's Potential Conversion: Legal and Financial Implications of Shifting from Nonprofit to For-Profit

OpenAI, the creator of ChatGPT, is considering a transformation from a nonprofit to a for-profit entity, raising complex legal and financial questions about its charitable obligations and the value of its assets.

2 Sources

Cyera Secures $300M Funding, Valuation Soars to $3B as AI-Driven Data Security Gains Traction

Cyera, an AI-powered data security startup, has raised $300 million in a Series D round, doubling its valuation to $3 billion in just seven months. The funding highlights the growing importance of AI-driven data security solutions in the evolving digital landscape.

2 Sources

Rezolve AI and Google Cloud Partner to Transform Retail with AI-Powered Commerce Solutions

Rezolve AI and Google Cloud announce a strategic partnership to revolutionize retail and consumer commerce using AI and cloud infrastructure. Google Cloud will resell Rezolve AI's Brain Suite, potentially generating over 50% of Rezolve's forecasted revenue in coming years.

2 Sources

Google Keep to Introduce AI-Powered 'Help Me Draw' Feature for Enhanced Sketching

Google is developing an AI-powered feature called 'Help Me Draw' for its note-taking app, Google Keep. This tool aims to transform hand-drawn sketches and text into polished artwork using artificial intelligence.

2 Sources

AI Jesus in Swiss Church: Exploring the Intersection of Faith and Technology

A Swiss church introduces an AI-powered Jesus for confessions, sparking discussions on the role of technology in religion and raising questions about the future of spiritual interactions.

11 Sources

ACI Worldwide Predicts APP Scam Losses to Reach $7.6 Billion by 2028, Highlighting AI's Dual Role in Financial Crime

ACI Worldwide's Scamscope report projects a significant increase in Authorized Push Payment (APP) scam losses, emphasizing the role of AI in both perpetrating and combating financial fraud.

2 Sources

Deepfake Scams on the Rise: Elon Musk Impersonations Lead to Billions in Fraud Losses

AI-generated deepfakes, particularly those impersonating Elon Musk, are contributing to a surge in fraud cases, with losses expected to reach $40 billion by 2027. As detection tools struggle to keep pace, experts warn of the growing threat to unsuspecting victims.

2 Sources

G20 Troika Leaders Endorse Digital Public Infrastructure and AI for Inclusive Development

Leaders from India, Brazil, and South Africa release a joint declaration emphasizing the role of Digital Public Infrastructure (DPI) and AI in achieving sustainable development and bridging global inequalities.

2 Sources

Adobe's SlimLM: Revolutionizing On-Device AI for Document Processing

Adobe researchers have developed SlimLM, a small language model capable of processing documents locally on smartphones without internet connectivity, potentially transforming data privacy and AI accessibility.

3 Sources

20 Nov 2024

Verge Genomics and Eli Lilly Achieve Milestones in AI-Driven ALS Drug Discovery Collaboration

Verge Genomics announces significant progress in its collaboration with Eli Lilly to develop novel ALS treatments using AI-enabled drug discovery platform CONVERGE, demonstrating high success rates in target validation.

2 Sources

Google Launches AI-Powered Air View+ to Combat Air Pollution in India

Google introduces Air View+, an AI-driven ecosystem solution providing real-time, hyperlocal air quality data across India. The initiative aims to empower government agencies and citizens with actionable insights to address the country's growing air pollution crisis.

4 Sources

Renalytix Reports Q1 FY2025 Results: AI-Enabled Kidney Diagnostics Firm Secures Funding and Reduces Expenses

Renalytix, an AI-enabled in vitro diagnostics company focused on kidney disease management, reports its Q1 FY2025 financial results. The company has secured additional funding and restructured its finances, positioning itself for commercial growth.

2 Sources

OpenAI and Wharton Launch Free ChatGPT Course for Educators Amid Growing AI Adoption in Classrooms

OpenAI partners with Wharton and Common Sense Media to offer free AI courses for educators, aiming to enhance AI literacy and integration in classrooms. The initiative sparks debate on the benefits and concerns of AI in education.

11 Sources

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