artificial intelligence

artificial intelligence
Too Many Business Meetings? Zoom’s AI Assistant Will Go for You
October 10, 2024

Artificial intelligence (AI) assistants are gate-crashing boardrooms and Zoom calls, offering to streamline corporate America while threatening to short-circuit human collaboration in the workplace. Zoom’s new AI assistant exemplifies a wave of AI tools poised to transform business operations, potentially redefining how companies communicate, collaborate,...

artificial intelligence
AI Firms Raise Total of $12 Billion in Third Quarter
October 10, 2024

Venture capital continues to pour into artificial intelligence startups, with the sector raising a record $53 billion year-to-date despite market volatility. In a testament to AI’s growing influence, legal tech startup EvenUp has joined the unicorn club with a $135 million Series D round, while...

artificial intelligence
OpenAI Forecast Suggests Five Years Until Profit
October 10, 2024

OpenAI is reportedly not anticipating to reap yearly profits for another five years. That’s according to a report Wednesday (Oct. 9) by The Information, citing company financial documents that also show the artificial intelligence (AI) startup could see annual losses of up to $14 billion...

artificial intelligence
AWS and Smartsheet Enable AI Assistant to Access Work Management Data
October 09, 2024

Amazon Web Services (AWS) and Smartsheet have partnered to help companies access their work management data through AWS’ generative artificial intelligence (AI) assistant. This collaboration involves launching a connector that synchronizes data from Smartsheet’s enterprise work management platform into AWS’ generative AI assistant, Amazon Q...

artificial intelligence
Samsung Warns of Lower Earnings as Tech Giants Race to Meet Demand for AI
October 09, 2024

When Samsung warned this week that its third-quarter profits would fall short of expectations, it wasn’t just a blip for the South Korean tech giant. It signifies a seismic shift rippling through global technology commerce, driven by the increasing demand for artificial intelligence (AI) products....

artificial intelligence
Meta Expanding AI Chatbot to Brazil and UK
October 09, 2024

Meta is bringing its AI chatbot to Brazil, the U.K. and four other new countries. Aside from Bolivia, Guatemala, Paraguay and the Philippines, the social media giant plans to add the artificial intelligence (AI) tool to more countries more gradually, TechCrunch reported Wednesday (Oct. 7), citing an announcement...

artificial intelligence
New York Readies AI Rules as California Picks Regulation Panel
October 09, 2024

As California and New York race to regulate artificial intelligence (AI), a new study predicts the AI governance market will explode to $5.78 billion by 2029. With lawmakers grappling to balance innovation and safety, tech giants and startups are rushing to cash in on the...

artificial intelligence
Meta Goes to the GenAI Movies to Help Retailers Improve Online Sales
October 08, 2024

Meta’s new Movie Gen artificial intelligence (AI) video creation tool could level the playing field for small businesses in the digital marketplace, experts say.  Movie Gen joins an expanding list of AI-powered video generation tools. In recent months, several major players have introduced or enhanced...

artificial intelligence
OpenAI Products to Integrate Hearst Newspaper and Magazine Content
October 08, 2024

Hearst and OpenAI have formed a content partnership that will see Hearst’s newspaper and domestic magazine content integrated into OpenAI’s generative artificial intelligence (AI) products, including ChatGPT. The collaboration will give ChatGPT’s 200 million weekly users access to content from Hearst publications like the Houston...