Breaking Developments in Artificial Intelligence (AI) – January 24, 2024
Pope Francis Raises Concerns over AI Dangers, Calls for Regulation
In a recent address, Pope Francis expressed concern about the potential risks associated with Artificial Intelligence (AI). He became a victim of a deepfake photo, highlighting the need for regulations to ensure AI’s responsible use. Pope Francis stressed harnessing AI for the greater good and preventing its misuse for disinformation and manipulation.
SAP Embarks on AI Push, Restructures Workforce
German software giant SAP SE announced a major restructuring plan involving around 8,000 jobs as it shifts focus towards AI advancements. Shares surged to an all-time high reflecting investor confidence in the AI strategy. SAP plans to invest $2.2 billion in retraining employees with AI skills, considering replacements for those unable to adapt. The company anticipates generative AI will significantly transform its business operations.
Study Reveals North Korea’s Growing AI and ML Capabilities
A new study reveals North Korea’s active development of AI and Machine Learning (ML) technologies for various applications. The study highlights collaboration with foreign researchers, including those from China, in pursuing AI advancement. The study’s author, Hyuk Kim, emphasizes North Korea’s AI/ML endeavors as a strategic investment aimed at bolstering its digital economy.
Infosys Unveils Generative AI Technologies at 2024 Australian Open
Infosys, in partnership with Tennis Australia, launched generative AI technologies at the 2024 Australian Open. AI-driven initiatives aim to enhance fan engagement, improve player performance, and revolutionize digital content creation. Infosys leverages its AI-first services and solutions, including Infosys Topaz, to elevate the AO experience. Infosys Topaz provides large language models and a cognitive core to accelerate Tennis Australia’s AI journey.
Indian AI Startup Factacy Introduces ‘AiCite’ – AI-Generated Business News Platform
Indian AI startup Factacy launched ‘AiCite,’ an AI-powered platform that generates business news summaries. AiCite utilizes generative AI and data algorithms to deliver AI-generated news summaries from over 150,000 sources worldwide. Factacy’s founder, Inderjit Makkar, highlights the platform’s ability to provide fresh perspectives on business news, keeping users informed and ahead in the rapidly evolving business landscape.
Additional Top Stories:
- RagaAI Secures Funding for AI Diagnostic Tool: RagaAI received funding to develop a tool that diagnoses and rectifies flaws in AI systems, addressing the growing emphasis on safety and reliability in the AI industry.
- Big Tech Empowers Small Businesses with AI: The influx of generative AI software is transforming small businesses, with major tech companies like Microsoft leading the way.
- Samsung Ventures into Health-Tracking Technology: Samsung is exploring the development of non-invasive blood sugar monitoring and continuous blood pressure checking, setting ambitious healthcare goals in competition with Apple.
Conclusion:
This comprehensive roundup provides an overview of the latest advancements and developments in the field of Artificial Intelligence. From Pope Francis’s concerns about AI risks to North Korea’s AI advancements and the introduction of generative AI technologies at the Australian Open, these developments underscore the rapid evolution and growing impact of AI across various sectors.