#GENAI News

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BlackRock sent its team a memo secretly written by ChatGPT

fortune.com BlackRock COO Robert Goldstein has learned a lot since his firm launched a generative AI lab in 2018. Goldstein discussed his team’s efforts, along with one major learning…

Visa changes coming this year will mean fewer cards for Americans

foxbusiness.com Major changes announced by Visa this week mean Americans will soon not need to carry around as many credit and debit cards. During Visa's annual Payments Forum in San…

Grab’s Path to Profitability Paved by Operating Leverage and AI

pymnts.com In a dynamic operating environment, the path to profitability requires focus and discipline. It also frequently requires cutting costs and finding new efficiencies by using…

Four CentralReach Executives Honored at NJ INNOVATE100 2024 Leaders Celebration

benzinga.com HOLMDEL, NJ., May 16, 2024 (GLOBE NEWSWIRE) -- CentralReach, the leading provider of Autism and IDD care software for ABA and multi-disciplinary practices, received four…

Sony Music Warns Artificial Intelligence Companies: Don’t Harvest Our Data

billboard.com Sony Music warned tech companies not to mine its recordings, compositions, lyrics and more “for any purposes, including in relation to training, developing, or…

As new tools flourish, AI ‘fingerprints’ on scientific papers could damage trust in vital research

euronews.com Experts are warning that the “fingerprints” of generative artificial intelligence (GenAI) can be found in scientific papers, including peer-reviewed ones. Are some…

Google’s AI Search Feature Fuels Content Traffic Concerns

pymnts.com Google’s new artificial intelligence (AI)-powered search summaries could significantly impact online publishers by driving users away from their websites and toward the tech…

Everyone's talking about AI, but marketers shouldn't overlook other emerging tech innovations like 5G and robotics

businessinsider.com Technology innovation like the Apple Vision Pro are important for marketers to understand and incorporate into their strategies. Justin Sullivan/Getty Images Tech…

Apple Previews Eye Tracking and Other Accessibility Tools

pymnts.com Imagine being able to control your iPhone not with your hand, but with your eyes. Apple says that scenario could soon be a reality, part of a series of tools for users with…

OpenAI’s leadership shakeup continues as another of Sam Altman’s chiefs follows Ilya Sutskever out the door within hours

aol.com A series of high-profile departures at OpenAI has raised questions as to whether the team responsible for AI safety is gradually being hollowed out. Immediately following…

OpenAI's leadership shakeup continues as another of Sam Altman’s chiefs follows Ilya Sutskever out the door within hours

fortune.com A series of high-profile departures at OpenAI has raised questions as to whether the team responsible for AI safety is gradually being hollowed out. Immediately following…

TikTok owner ByteDance launches low-cost Doubao AI models in crowded market

scmp.com ByteDance’s aggressive pricing for its Doubao large language model family shows the increased opportunity in mainland China, where more firms are scrambling to adopt GenAI…

Apple looks kind of ridiculous right now

aol.com None Apple will have to swing big at its developer conference if it wants to be seen as serious in AI. • None While Google and OpenAI revealed impressive AI assistants this…

Asia markets track Wall Street gains ahead of key U.S. inflation data

cnbc.com CNBC Pro: These are Goldman Sachs' favorite stocks with 50% or more upside Stocks have been on a tear. The S&P 500 is soaring to record highs this year and the Dow Jones…

David Sacks reveals Glue, the AI company he’s been teasing on his All In podcast

techcrunch.com If you use Slack at work, you’ve likely noticed that the number of channels you’re invited to proliferates incessantly. David Sacks, one-quarter of the popular All In…

Zapata AI Partners with Tech Mahindra to Transform Network and Customer Operations Through Industrial Generative AI for Global Telecom Customers

benzinga.com BOSTON, May 14, 2024 (GLOBE NEWSWIRE) -- Zapata Computing Holdings Inc. ("Zapata AI" or the "Company") ZPTA, the Industrial Generative AI company, today announced a…

Venture Capitalist David Sacks Debuts Work-Oriented AI Chat Platform Glue

pymnts.com Podcaster and venture capitalist David Sacks launched a business-oriented artificial intelligence firm dubbed Glue. “Glue takes the best of both worlds from AI chat…

Google announces that Gemini Advanced will update with deeper Android integration to answer questions about videos and PDFs being viewed on screen

techcrunch.com Google’s Gemini on Android, its AI replacement for Google Assistant, will soon be taking advantage of its ability to deeply integrate with Android’s mobile operating system…

What's the killer AI app for consumers? Google finally has a contender

aol.com None The company demoed an AI agent that can help you remember where you left your glasses. • None Google's infrastructure, talent, data, and experience makes it a strong…

Google I/O Event Expectations Run High Amid OpenAI, Microsoft Rivalry

investors.com Expectations run high ahead of Alphabet's (GOOGL) Google I/O conference for software developers today, with analysts anticipating a slew of artificial intelligence…

Google will soon start using GenAI to organize some search results pages

techcrunch.com At the Google I/O 2024 developer conference on Tuesday, Google announced that it plans to use generative AI to organize the entire search results page for some search…

Google IO live updates: Get ready for AI news at the tech giant's big summer event

aol.com None Google's big summer conference, Google IO, kicked off today at 1 p.m. ET. • None AI is expected to be a major theme. • None Business Insider will be in attendance and…

Verizon unveils new AI tools to transform customer experience

benzinga.com NEW YORK, May 14, 2024 (GLOBE NEWSWIRE) -- Verizon is enhancing the customer experience through new GenAI tools that are reimagining and improving the way the company serves…

Anomalo Brings Its AI-Powered Data Quality Platform to Google Cloud Marketplace

benzinga.com PALO ALTO, Calif., May 14, 2024 (GLOBE NEWSWIRE) -- Anomalo, the complete data quality platform company, today announced that it has expanded its partnership with Google…

3 analysts discuss implications for Apple, Google after OpenAI's event

investing.com OpenAI hosted a Spring Update event announcing a new desktop app, web UI refresh, and the launch of GPT-4o. Following the event, analysts at BofA and Rosenblatt provided…

Highperformr Secures $3.5 Million in Seed Funding to Help B2B Businesses Grow by Amplifying Their Social Presence

benzinga.com WILMINGTON, Del., May 14, 2024 /CNW/ -- Highperformr, a GenAI startup, today announced that it has secured $3.5 million in seed funding and launched its product,…

Coveo Announces New Partnership with Genesys to Empower Contact Center Agents with AI Search, Recommendations, and Generative Answering

benzinga.com MONTREAL and LONDON and SAN FRANCISCO, May 14, 2024 (GLOBE NEWSWIRE) -- Coveo CVO, the leading enterprise AI platform that brings AI search and GenAI to every…

Netflix Stock: A Gen-AI Pick That’s Totally Out of Left Field

investorplace.com Insightful analysts understand why Netflix stock can reach $700 or more A lot has happened since Netflix (NASDAQ:NFLX) released its first-quarter 2024 financial results last…

Asia-Pacific’s advanced economies lag their less developed peers in AI take-up, Deloitte survey finds

scmp.com Employees from developing economies are also embracing AI with more enthusiasm, reflecting populations that have a greater percentage of “digitally native” people, according…

Amazon Plans to Invest $1.29 Billion in French Tech Projects

pymnts.com Amazon is reportedly set to invest nearly $1.3 billion on tech projects in France. The eCommerce giant is one of several global companies poised to announce new foreign…

SoftBank reportedly preparing for Arm to tackle AI chips

theregister.com Asia in brief SoftBank-owned Arm is reportedly preparing to add AI chips to its product portfolio starting in 2025. The chip designer plans to set up an AI division with…

Permira is taking Squarespace private in $6.9 billion deal

techcrunch.com Website builder Squarespace is going private in an all-cash deal that values the company on an equity basis at $6.6 billion, or a $6.9 billion enterprise valuation. The…

5 big analyst AI moves: Micron upgraded amid ‘unprecedented outlook for memory’ By

investing.com Investing.com -- Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. InvestingPro subscribers always get first dibs on…

Can social media swing the EU election?

euronews.com Compared to the 2019 election more EU platform rules are in place. This June, some 365 million people will be eligible to vote in the EU Elections, including many young…

Rad AI, which offers generative AI tools for radiology reporting, raised a $50M Series B led by Khosla Ventures, bringing its total funding to over $80M

techcrunch.com In 2017, Vinod Khosla told CNBC that the job “of the radiologist will be obsolete in five years.” While the founder of Khosla Ventures later revised that timeline to as long…

Cinema Synthetica Contest Challenges Filmmakers to Make AI-Created Shorts in 48 Hours

variety.com Technologists Todd Terrazas, Max Einhorn, Mike Gioia and Ian Eck have posed a challenge to nine up-and-coming filmmakers: create short films using generative AI in only 48…

Duolingo Credits GenAI for 54% Leap in Paid Subscribers

pymnts.com Duolingo reportedly credits generative artificial intelligence (AI)-powered features for the 54% leap in paid subscribers it recorded in the first quarter. “What we’re…

This is the reason why chip stocks are up today

investing.com Mizuho analysts noted Friday that semiconductor chip stocks have risen Friday. TSM is currently at +4%, while NVDA, AMAT, KLAC, and LRCX have all gained more than 2%. The…

Smartphone shipments in India grew 8% in Q1, 2024; Vivo leads for the first time with 19.2% of market share, followed by Xiaomi with 18.8%, and Samsung 17.5%

counterpointresearch.com For the first time ever, vivo led the market by volume in a single quarter. • Samsung led the market by value after capturing over one-fourth of the total market value.…

California to tap generative AI tools to increase services access, reduce traffic jams

pbs.org California could soon deploy generative artificial intelligence tools to help reduce traffic jams, make roads safer and provide tax guidance, among other things, under new…

California partners with 5 tech firms to use AI to tackle traffic jams, taxes, other issues

fortune.com California could soon deploy generative artificial intelligence tools to help reduce traffic jams, make roads safer and provide tax guidance, among other things, under new…

US smartphone shipments fell 8% YoY in Q1 2024, the sixth consecutive quarter of decline; Samsung's market share grew to 31%; Apple's share remained flat at 52%

counterpointresearch.com US smartphone shipments declined 8% YoY in Q1 2024, the sixth consecutive quarter showing a YoY decline. • Samsung’s market share grew to 31%, its highest Q1 share since Q1…

3 Under-the-Radar Stocks Poised for Explosive Growth by 2028

investorplace.com Three unique yet interesting investing prospects have surfaced. These businesses operate in the energy, semiconductor, and application software industries and may yield…

Stack Overflow bans users en masse for rebelling against OpenAI partnership

tomshardware.com Stack Overflow, a legendary internet forum for programmers and developers, is coming under heavy fire from its users after it announced it was partnering with OpenAI to…

Employees are using AI at work, but keeping it quiet for a specific reason

aol.com The use of generative artificial intelligence tools by employees in the workplace is booming, but most of the workers who are utilizing the new technology have reservations…

10 Cybersecurity Companies Making Moves At RSAC 2024

crn.com In and around the RSA Conference in San Francisco this week, the majority of the biggest names in the cybersecurity industry have had a major presence. A few have had major…

ServiceNow and Microsoft to Integrate GenAI-Powered Assistants

pymnts.com Enterprise AI platform ServiceNow and Microsoft have announced an expanded strategic alliance to combine their generative artificial intelligence (GenAI) capabilities and…

AI at Work Is Here. Now Comes the Hard Part

microsoft.com The data is in: 2024 is the year AI at work gets real. Use of generative AI has nearly doubled in the last six months,1 with 75% of global knowledge workers using it. And…

Reddit stock rises after first quarterly report on higher-than-expected earnings forecast, AI hopes

aol.com stock popped as much as 5% Wednesday after the company said in its first-ever quarterly earnings report that it expects better-than-expected sales growth in the current…

Homeland Security boss: US War on Drugs will be AI powered

theregister.com RSAC AI is a double-edged sword in that the government can see ways in which the tech can protect and also be used to attack Americans, says US Homeland Security Secretary…

Big Tech's Cloud revenue still has high growth potential

trendlinehq.com Big Tech reported their earnings in the last few days and one thing stood out - Public Cloud doesn’t show any signs of slowing down. Pioneered by Amazon in 2006, the Public…

Micro business owners are using AI to compete with big brands to level the playing field: report

aol.com Over 3,000 micro business owners were surveyed by Venture Forward, GoDaddy's international research initiative, in February 2024 about leveraging generative artificial…

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