AI & RoboticsNews

GenAI drove the chip industry’s first quarterly revenue increase since 2021

After five straight quarters with declining revenue, the semiconductor industry reversed course and increased revenue in the second quarter, according to a report by market researcher Omdia. The company’s Competitive Landscape Tracker said quarterly revenue grew 3.8% to $124.3 billion Q2. This growth is in line with historical patterns for the total semiconductor market, with the second quarter…
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AI & RoboticsNews

Meet Intuit Assist, a new AI assistant that can do more than just answer questions

Intuit, a financial software company that offers products such as TurboTax, QuickBooks, and Mailchimp, announced on Tuesday that it has launched Intuit Assist, a new artificial intelligence assistant that can generate personalized answers and insights for its customers. The assistant, which uses generative AI, can understand natural language queries and respond in clear sentences, but is also…
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AI & RoboticsNews

Salesforce announces Slack AI with unread message summaries and more

A month after launching a new experience for Sales reps and a redesign that drew both love and hate from its global user base, the messaging app Slack is moving forward with its mission of making collaborative work easier for enterprises. Today, the Salesforce-owned platform announced Slack AI, a new set of generative AI smarts that will be built right into the platform’s messaging interface…
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AI & RoboticsNews

Kindo raises $7M for AI productivity platform for businesses

Kindo has successfully raised $7 million in seed funding for the launch of its secure AI productivity platform for businesses. Kindo’s platform empowers businesses by harnessing the power of any AI model, be it commercial, open source, or proprietary. By integrating AI into their workflows, companies can significantly improve productivity while ensuring security, compliance, and centralized…
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