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…
Potential Supreme Court clash looms over copyright issues in generative AI training data
September 7, 2023
As early as last fall, before ChatGPT had even launched, experts were already predicting that issues related to the copyrighted data that trained generative AI models would unleash a wave of litigation that, like other big technological changes that changed how the…
With the rise of ChatGPT and other tools, enterprises have become bullish on the potential of generative AI. They have started looping in LLMs into their workflows and products, growing not only the business of vendors providing these novel systems but also the demand for…
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…
You can now make an AI clone of yourself — or anyone else, living or dead — with Delphi
September 7, 2023
My favorite episode of the hit sci-fi/horror TV series Black Mirror is “Be Right Back,” which premiered 10 years ago now, and captured the alienating experience of a woman cloning her dead ex-boyfriend by using a service that analyzed his social media posts and texts to…
Zoom launches AI Companion to summarize meetings for late attendees
September 7, 2023
Zoom, the videoconferencing and messaging platform, is getting into the built-in generative AI assistant game, according to a blog post on Tuesday. It said it will rebrand its Zoom IQ as the Zoom AI Companion and users already subscribed to the paid services will have access…
Salesforce announces Slack AI with unread message summaries and more
September 7, 2023
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…
Senate meeting with top AI leaders will be ‘closed-door,’ no press or public allowed
September 6, 2023
At an event held last month at IBM’s New York City headquarters yesterday afternoon, Senate Majority Leader Chuck Schumer (D-NY) said he would convene a series of AI “Insight Forums” to “lay down the foundation for AI policy.” The first-ever forums, to be held in…
AI21 Labs co-founder says ‘we usually win’ when competing with OpenAI for enterprise business
September 6, 2023
Before there was OpenAI’s ChatGPT, there was AI21 Labs’ Wordtune.
One of the first companies to bring generative AI tools into widespread commercial use, the Tel Aviv-based AI21 Labs came out of stealth in 2020, founded by AI and tech luminaries Amnon Shasuha (founder…
Kindo raises $7M for AI productivity platform for businesses
September 6, 2023
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…