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AITHORITY Weekly Roundup – 10 AI News that Broke the Internet Last Week | Top Headlines

Welcome to AITHORITY’s Weekly Roundup of the coolest AI news! We’re here to bring you the latest and greatest updates in artificial intelligence, but don’t worry if you’re new to this stuff – we’ll break it down into simple bits you can easily understand. As you are aware we launch a special edition for our weekly roundups in the AI domain, so here is the second week AI news clubbed for April 2024.

Get ready to explore the amazing world of AI with us!

The following big logos are getting coverage today with us for this April 2024, week 2 roundup.

  1. SAP
  2. Dell
  3.  Accenture
  4. Oracle
  5. Microsoft
  6. OpenAI
  7. Google
  8. Shield AI
  9. Intel
  10. Qualcomm

SAP launches the new SAP HANA Cloud vector engine to help businesses combine LLMs

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To be the go-to Gen AI product, SAP HANA Cloud brings together real-time data and the strength of large language models (LLMs) in a single database for SAP customers. One of the most popular options for intelligent data applications is SAP HANA Cloud, which offers databases as a service. It aims to provide business process contexts by letting LLMs use pertinent organizational data to provide more accurate and contextual outputs, and it is already widely used inside the SAP Business Technology Platform.

Dell Technologies is utilizing the groundbreaking Dell NativeEdge platform to turn the challenges associated with edge operations into opportunities

Introducing Dell NativeEdge, a software platform for edge operations that tackles the dispersed nature of the edge by centralizing the deployment and management of edge infrastructure and applications. This, in turn, improves business outcomes. The goal is to speed up the process of implementing new solutions. Adopting the edge can be challenging because it requires extensive and time-consuming proof of concept (POC) work to validate your ideas. You can have the compute and security infrastructure to deploy on top of NativeEdge’s horizontal platform. Thanks to your ability to fully automate the deployment, you may do a proof of concept in only a few hours, as opposed to days or months with a conventional approach.

Focusing its AI strategy on company transformation, Accenture partners with Adobe to develop industry-specific solutions using Gen AI to empower businesses

Even Accenture has pledged to improve its generative AI (Gen AI) capabilities. The business and Adobe have lately deepened their twenty-year collaboration to create sector-specific solutions utilizing Adobe’s Gen AI paradigm, Firefly. To improve AI and data capabilities, the company has vowed to reimagine the procedures that companies rely on. While corporate executives see Gen AI as having great promise, the company’s data shows that just 31% of companies have begun investing substantially in these projects. Accenture and Adobe’s expanded relationship will initially target the consumer products, healthcare, financial services, and retail sectors. In addition to its strategy for generating unified brand experiences, Accenture’s solutions will take advantage of its vast data and AI engineering capabilities and methodical approach to responsible AI.

New Oracle AI-powered Cloud Service Helps Banks Mitigate Anti-Money-Laundering Risks

With $5.05 trillion expected to be laundered this year alone, banks are struggling to keep up with the cost and complexity of compliance. To help address this massive challenge, Oracle Financial Services today introduced the Oracle Financial Services Compliance Agent. The AI-powered cloud service enables banks to run inexpensive, hypothetical scenario testing to adjust thresholds and controls to sort through transactions, identify nefarious activity, and meet compliance requirements more effectively. Part of Oracle Financial Services portfolio of anti-money laundering (AML) and financial crime and compliance solutions, Compliance Agent is designed to help financial institutions holistically assess and optimize the performance of their transaction monitoring systems (TMS) more cost-effectively and gather empirical evidence to support business decisions.

Businesses now get access to OpenAI’s latest model without daily limits on the number of chat sessions by Microsoft

Subscribers to Microsoft’s AI-powered Copilot assistant for businesses will soon have priority access to GPT-4 Turbo. As part of the $30/user/month Copilot for Microsoft 365 pricing, this allows access to OpenAI’s latest model inside the mobile app, on the web, in Windows, and in Edge. Users with a Copilot Pro subscription have had access to GPT-4 Turbo for some time, but now companies utilizing Copilot for Microsoft 365 have unlimited talks and turns in each conversation. Businesses that use Copilot for Microsoft 365 will also benefit from Microsoft’s enhanced picture-generating features in Microsoft Designer. This month, instead of the previous limit of 15, you will be able to produce 100 photos daily. Microsoft claims that image-generating requests will be “rapid” using OpenAI’s DALL-E 3 model, which will cut waiting times for image creation.

OpenAI Voice Engine, which can create a synthetic voice based on a 15-second clip of someone’s voice

The OpenAI Voice Engine platform, which can generate a synthetic voice from a 15-second audio clip, is now available to a select group of users. On request, the AI-generated voice can read aloud text instructions in the current language or any of several others. In a blog post, OpenAI stated, “These small-scale deployments are helping to inform our approach, safeguards, and thinking about how Voice Engine could be used for good across various industries.” Several companies have access, including Age of Learning, HeyGen, Dimagi (a provider of frontline health software), Livox (a maker of AI communication apps), and Lifespan (a health system).

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Qualtrics Launches Three New AI-Powered Suites for CX, EX, and Research

Google continues rolling out Gemini to different products with Android Studio’s bot getting upgraded with Gemini Pro

New to the IDE (integrated development environment), the Gemini bot is similar to the Studio Bot in that it allows developers to ask inquiries about coding. According to the business, developers should see an uptick in the quality of answers when it comes to code completion, debugging, resource discovery, and documentation writing. Based on Google’s statement, users will be required to log in and allow Gemini expressly to use it, due to privacy concerns. The developer-provided context and conversation history also heavily influence the chatbot’s responses. To incorporate generative AI-powered features into their applications, customers can simply access the Gemini API beginning template through Android Studio, according to the company.

Shield AI to Acquire Australia-Based Sentient Vision Systems and Establish Shield AI Australia 

Shield AI, Inc., the defense technology company building the world’s best AI pilot, has announced a definitive agreement to acquire Sentient Vision Systems (Sentient), an Australia-based leader in AI-enabled real-time situational awareness, pending customary closing conditions and regulatory approval. The companies will merge AI expertise and operational understanding to deliver superior intelligence surveillance and reconnaissance (ISR) capabilities for today’s rapidly changing defense and security environment. In August 2023, the companies announced the joint development of a ViDAR-enabled wide area motion imagery (WAMI) solution called “Sentient Observer,” which Shield AI plans to fly this year.

Intel Unleashes Enterprise AI with Gaudi 3

  • Intel unveiled a comprehensive AI strategy for enterprises, with open, scalable systems that work across all AI segments.
  • Introduced the Intel® Gaudi® 3 AI accelerator, delivering 50% on average better inference and 40% on average better power efficiency  than Nvidia H100 – at a fraction of the cost.
  • Intel announced Gaudi 3 availability to original equipment manufacturers (OEMs) – including Dell Technologies, HPE, Lenovo, and Supermicro – broadening the AI data center market offerings for enterprises.
  • Announced new Intel Gaudi accelerator customers and partners, including Bharti Airtel, Bosch, CtrlS, IBM, IFF, Landing AI, Ola, NAVER, NielsenIQ, Roboflow, and Seekr.
  • Intel announced the intention to create an open platform for enterprise AI together with SAP, RedHat, VMware, and other industry leaders to accelerate the deployment of secure generative AI (GenAI) systems, enabled by retrieval-augmented generation (RAG).

AIMobile Debuts an Innovative Edge AI Box Powered by Qualcomm 

AIMobile launches its latest Edge AI product; AIM-Edge QC01 was designed to democratize Edge AI technologies and empower a wider range of applications with accessible entry-level computing power. Powered by the Qualcomm® QCS6490 processor, AIM-Edge QC01 is equipped with multi-OS support and USB/LAN ports for camera connection. Its compact, fanless form factor makes it ideal for easy implementation and flexible application scenarios. Drawing on nearly a decade of expertise in Edge AI, AIMobile also adds market-proven AI models on top to shorten the time to market for partners. The AI Edge Box is demonstrated at Qualcomm Technologies’ booth (#161, Hall 5, NurnbergMesse) at Embedded World.

That’s all for this week’s AITHORITY Weekly Roundup of AI news! We hope you enjoyed learning about the awesome things happening in the world of artificial intelligence. Don’t forget to come back next week for more exciting updates. See you then!

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