AI & Robotics

A new AI-generated movie trailer that splices together the wildly-hyped movies Barbie and Oppenheimer into a mashup — featuring a pink mushroom cloud — has gone viral.  The trailer offers a spot-on sendup on the “Barbenheimer” hype that had moviegoers flocking to see both movies back-to-back, even though the two films couldn’t be more different — Oppenheimer is a sober biopic about…

Genpact and Microsoft have announced a strategic collaboration that will grant Genpact’s global talent access to Microsoft’s Azure OpenAI Service. This partnership aims to unlock fresh possibilities in implementing generative AI capabilities and solutions for its joint clients. Genpact plans to leverage large language models (LLMs) to harness the potential of gen AI, driving enterprise…

Online furniture retailer Wayfair today announced the launch of Decorify, a novel generative AI solution that reimagines the entire interior design process. Available in a pilot program starting today, the offering allows users to envision their homes in different styles by simply uploading a picture of their space. Using the uploaded image as a starting prompt, Decorify generates multiple…

In an analyst note on Tuesday, the financial services arm of Swiss banking giant UBS raised its guidance for long-term AI end-demand forecast from 20% compound annual growth rate (CAGR) from 2020 to 2025 to 61% CAGR between 2022 to 2027. “We don’t think AI is a bubble given clear use cases and solid long-term visibility, but recommend investors consider companies with clear monetization…