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AI Weekly: Condensing the week’s top AI news

Welcome to AI Weekly, where we delve into the cutting-edge and ever-evolving world of artificial intelligence and bring you concise yet comprehensive summaries of the most exciting AI developments. 

Apple’s Generative AI in iOS 18

Apple is making strides to introduce generative AI technology into its iOS ecosystem, with an anticipated release as early as late 2024. The company is gearing up by building a substantial infrastructure of AIservers over the next two years, with a focus on offering a mix of both cloud-based and on-device AI solutions. This move closely aligns with the launch of iOS 18, promising significant enhancements to the Apple ecosystem.

Microsoft’s 365 Copilot: Revolutionizing meetings

Microsoft’s 365 Copilot, unveiled on March 16, 2023, is a cutting-edge AI assistant embedded within Microsoft 365 applications, Edge, and Windows. Leveraging OpenAI’s GPT-4 language models, it aims to streamline meeting summaries and is on its way to becoming an integral part of Microsoft’s cybersecurity suite. This innovative tool is projected to save valuable time, potentially freeing up to 40% for users, previously spent on mundane security tasks.

Seven Network and Databricks: Personalized advertising with AI

The Seven Network has entered a groundbreaking partnership with Databricks, a global leader in cloud, data, and AI technologies. This collaboration seeks to enhance contextual and relevant advertising experiences for their audience. This strategic move positions Seven Network as a pioneering figure in the integration of AI within the media industry, building upon its recent achievements in personalized recommendations and content discovery through Amazon Web Services (AWS).

Zebra Technologies: On-device generative AI with Qualcomm

Zebra Technologies has demonstrated a breakthrough in AI by successfully running a Generative Artificial Intelligence (GenAI) large language model on Zebra handheld mobile devices and tablets, all without requiring cloud connectivity. This development offers a range of capabilities across various industries, enabling improved worker engagement and customer experiences, all while ensuring heightened security and reduced operational costs.

Lenovo’s vision of ‘AI for All’

At Lenovo’s 9th annual global innovation event, Tech World, the company unveiled a comprehensive vision of ‘AI for All.’ Lenovo aims to harness the power of AI for every individual and organization, from edge to cloud. Their approach to hybrid AI involves the coexistence of public, private, and personal foundation models to facilitate AI accessibility. Lenovo assures data security and user privacy, as AI operates exclusively within devices or secure on-premises servers, offering both security and personalization benefits.

Chinese banks and the AI transition

Chinese banks are embracing artificial intelligence to streamline operations, reduce labor costs, and enhance efficiency. This transition has been influenced by the AI-driven innovations, such as ChatGPT, developed by OpenAI with support from Microsoft. The banking sector is following suit in integrating AI into daily operations, reflecting the broader impact of AI across industries.

Generative AI’s ascendancy according to report

Arthur D. Little’s Blue Shift Institute has published a significant report on Generative Artificial Intelligence (GenAI), highlighting its ever-expanding impact across sectors. The report emphasizes the tremendous potential of GenAI, showing that it consistently meets or surpasses human performance in an array of tasks, such as language understanding, inference, and text summarization. Despite its evident potential, many business executives are yet to fully grasp the revolutionary implications for business, society, and humanity.

Deel introduces Deel IQ: An AI-powered global work assistant

Deel, the all-in-one HR platform for global teams, has launched Deel IQ, a global work assistant driven by AI. This innovative solution empowers employers, from startups to enterprises, by providing instant insights into local laws, HR best practices, and workforce data from over 150 countries.

Deel IQ leverages OpenAI’s ChatGPT and is fortified by Deel’s Global Knowledge Base, a resource developed by a team of 200 local HR experts and lawyers. This resource offers accurate information on local laws and best practices across the globe, ensuring regulatory compliance for organizations, irrespective of their employees’ locations.

Stay tuned for more AI related news as we bring you the latest AI advancements and their impact on various industries.

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Yajush Gupta

Yajush Gupta

Yajush is a journalist at Dynamic Business. He previously worked with Reuters as a business correspondent and holds a postgrad degree in print journalism.

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