Xiaomi is planning to bring generative AI applications to its smartphones in India, starting with its upper-mid range models. This move could make generative AI features more accessible to a wider range of consumers, putting it on par with other leading brands like Apple, Samsung, and Oppo.
SEMIFIVE and HyperAccel have joined forces to mass produce Bertha, a generative AI chip designed for high-performance and efficiency. The chip, built on 4nm process technology, is expected to revolutionize the AI landscape by offering a cost-effective alternative to GPUs, boasting significant performance improvements and a better price-to-performance ratio.
Infosys has expanded its collaboration with Microsoft to accelerate the adoption of generative AI and Microsoft Azure globally. The partnership aims to help joint customers maximize their technology investments and achieve transformative results, leveraging Microsoft’s generative AI offerings within Infosys’ solutions for greater cost-efficiency and scalability.
Amazon Web Services (AWS) CEO Matt Garman claims the company has been exploring generative AI for a long time, even before ChatGPT’s arrival sparked widespread interest. Garman addresses criticism that AWS is lagging behind competitors in the generative AI market, highlighting its existing machine learning services and its carefully curated approach to providing AI solutions through its Bedrock platform.
Generative AI (GenAI) is rapidly moving beyond experimental phases and is transforming how businesses operate. While early adopters are seeing significant gains in efficiency and productivity, the technology is still raising concerns about its impact on jobs. This article explores the current state of GenAI adoption, its impact on various business functions, and the potential implications for the future of work.
Duolingo’s stock price surged over 8% on Wednesday fueled by optimistic price target revisions from leading analysts. This positive outlook is attributed to the company’s strategic use of generative AI and large language models. Additionally, a moderate level of short interest combined with a low float creates a potential for a short squeeze, adding to the stock’s volatility.
Spotify’s AI Playlist feature, which uses generative AI to create personalized playlists based on text prompts, is now available to Spotify Premium subscribers in the US, Canada, Ireland, and New Zealand. Previously in beta for users in Australia and the UK, the feature allows users to either choose from suggested playlist ideas or type in their own prompts to generate a playlist of 30 songs.
Despite facing macroeconomic headwinds and intense competition, Adobe’s (ADBE) focus on generative AI (GenAI) presents a potential catalyst for recovery. Its Firefly family of creative GenAI models is driving significant growth, attracting a vast customer base and bolstering future projections. However, uncertainties in the economy and intense competition in the AI software space present challenges for the stock.
GE Aerospace has unveiled its new AI platform, ‘AI Wingmate,’ to empower its workforce with generative AI capabilities, aiming to boost productivity and innovation. This move highlights the company’s commitment to AI integration, further solidifying its position as a leader in the field.
India is at the forefront of Generative AI (GenAI) adoption, with 81% of organizations embracing this technology, according to a new report by Elastic. This surge in GenAI adoption is fueling investment in AI initiatives and pushing IT service providers to integrate GenAI into their core development processes. The report highlights how AI is revolutionizing engineering workflows, accelerating project timelines, and prompting organizations to prioritize AI upskilling programs.
