Artificial Intellegence Archives - Page 11 of 16

Adobe Releases New AI Models Aimed at Improved Graphic Design

Leave a Comment / Artificial Intellegence, News, Tech News / By Suhani Jain

Today, Adobe revealed new AI-driven Generative Fill & Text to Template tools at Adobe MAX, the most prominent creative summit in the world, as well as Translation and Drawings along with Painting functions in Adobe Express, advancing a new age of “Creativity for All.” Adobe Express enhances the one-stop creation software with even more artificial intelligence features, making it quick, simple, and enjoyable for people of any level of skill to create and share exceptional content.

Express customers can now effortlessly add, delete, or replace objects, people, and other elements in any image with just a description by utilizing Generative Fill, an artistic co-pilot driven by Firefly.

The newly introduced Text to Template generative artificial intelligence capability, built upon the new Firefly Design Model, makes starting with the design process even simpler. Users can now generate outstanding customised templates by employing just a text explanation, allowing them to quickly and easily create professional-quality social media posts, brochures, posters, as well as digital cards. With a selection of 45 languages, Translate saves users time when localizing material. With the addition of more than 50 colorful paintbrushes that imitate the textures of charcoal, pencil, and watercolor as well as student-friendly drawing blueprints that are included in the Express for Education offering, the latest Drawing and Painting features make it simple and fast to create lovely effects such as flowers, hearts and more.

Express is revolutionizing the way people and organizations all around the world transform ideas into outstanding content and beautiful social media marketing with revolutionary generative artificial intelligence that is safe to use for business. Millions of users around the world use Express to create appealing content for social media, intriguing videos, eye-catching PDFs, digital cards or flyers, interacting book reports, distinctive resumes, and more. These users range from students to independent business owners to creative specialists to small enterprises to the biggest corporations.

Also Read: Samsung’s Profit Slide Slows in Sign of a Chip Market Bottom

“The groundbreaking AI-first innovations in Express are empowering our Creative Cloud members and creators of all levels to bring their ideas to life in completely new ways that are fast, easy and fun,” said Govind Balakrishnan, senior vice president, Adobe Express and Digital Media Services at Adobe. “Express users are generating hundreds of millions of beautiful images using the latest AI-powered features. We’re excited to be rolling out even more revolutionary AI-first capabilities across image creation, design, video, audio, PDFs and more, in the coming months.”
finance.yahoo.com

Suhani Jain

I am a student pursuing my bachelor’s in information technology. I have a interest in writing so, I am working a freelance content writer because I enjoy writing. I also write poetries. I believe in the quote by anne frank “paper has more patience than person

Japan to Propose Rules for Generative AI to G7 Leaders: Yomiuri

Leave a Comment / Artificial Intellegence, News, Tech News / By Sandhya Gupta

Prime Minister Fumio Kishida declared Japan’s commitment to spearheading the establishment of international regulations for trustworthy artificial intelligence (AI) during a speech at the annual Science and Technology in Society forum in Kyoto on Sunday.

Highlighting Japan’s leadership, Kishida announced the proposal of the Hiroshima AI Process, a framework designed to address concerns related to generative AI, while holding the chairmanship of the G7 industrialized nations.

“With a view to ensuring trustworthy AI, Japan is now taking the lead in international rule-making on governance and transparency,” stated the prime minister, emphasizing the nation’s pivotal role in shaping the future of AI governance.

The decision to create the Hiroshima AI Process was made during the G7 summit meeting in Hiroshima in May. The G7 leaders aim to formulate international rules regarding generative AI by the year’s end, addressing issues such as the potential spread of false information and infringement of intellectual property rights, including copyrights.

Key areas of discussion during the international rulemaking deliberations will include the establishment of effective regulations across various fields like education, security, and elections. Additionally, preventing the concentration of generative AI development platforms in the hands of a few IT giants, thus avoiding service monopolization, will be a priority.

Prime Minister Kishida expressed his commitment to promoting advanced technologies like generative AI while acknowledging the necessity of addressing the negative social impacts and ethical concerns associated with such innovations. Disinformation, privacy concerns, and copyright protection were specifically mentioned as areas requiring serious attention.

Also Read: Oyo Talks to Apollo for $660 Million Refinance on IPO Delay

In response to rising concerns over disinformation, a new digital technology named Originator Profile has gained attention. This technology enables internet users to verify the credibility of information through digital signatures attached to online content, including news, corporate websites, and advertisements. These digital signatures are authenticated by a third-party organization, providing a potential countermeasure against the proliferation of false information.

As Japan takes the lead in proposing comprehensive rules for generative AI to the G7 leaders, the international community awaits the development of regulations that balance technological advancements with ethical considerations and societal well-being.

Sandhya Gupta

I am a law graduate from NLU Lucknow. I have a flair for creative writing and hence in my free time work as a freelance content writer.

Visa Initiative to Invest $100 Million in Generative AI Ventures

Leave a Comment / Artificial Intellegence, Story, Tech Story / By Sandhya Gupta

In a move set to reshape the landscape of commerce and payments, Visa has declared its intention to invest $100 million in companies at the forefront of developing generative AI technologies.

The investment initiative will be executed through Visa Ventures, the global corporate investment arm with a history spanning 16 years. Visa, a trailblazer in AI applications for payments since 1993, is now focusing its attention on the burgeoning field of generative AI. This subset of artificial intelligence is characterized by its ability to generate text, images, or other content based on extensive datasets and textual prompts.

Jack Forestell, Chief Product and Strategy Officer of Visa emphasized the profound impact generative AI will have, stating, “While much of generative AI so far has been focused on tasks and content creation, this technology will soon not only reshape how we live and work, but it will also meaningfully change commerce in ways we need to understand.”

David Rolf, Head of Visa Ventures, underscored the transformative potential of generative AI, calling it “one of the most transformative technologies of our time.” He noted that Visa Ventures possesses flexibility in terms of the number and size of investments, expressing an interest in making a range of smaller investments in the early stages of the industry.

Rolf outlined the criteria for potential investments, specifying that Visa is seeking to support companies applying generative AI to address real challenges in commerce, payments, and fintech. This includes B2B processes around payments and infrastructure with the potential to significantly impact commerce. Rolf emphasized that Visa is open to engaging with companies at various levels of the technology stack, from data organization for generative AI to end-user experiences.

Also Read: Arc Raises $70 Million to Build the Tesla of Boats

Furthermore, responsible AI use aligning with Visa’s policies is a key consideration. Rolf stated, “One of our key considerations is how well these companies are practicing responsible use of AI, in line with Visa’s policies.”

This announcement follows Visa’s strategic move to appoint Marie-Elise Droga as the head of fintech, who noted that her team frequently collaborates with the Visa Ventures team. This collaboration serves as a scouting engine, identifying innovative startups that align with Visa’s vision for the future of commerce and payments. As Visa Ventures embarks on this $100 million investment journey, the landscape of generative AI technologies in commerce and payments is poised for significant transformation.

Sandhya Gupta

I am a law graduate from NLU Lucknow. I have a flair for creative writing and hence in my free time work as a freelance content writer.

ChatGPT Now Supports Voice Chats and Image-Based Queries

Leave a Comment / Artificial Intellegence, News, Tech News / By Suhani Jain

Major improvements to ChatGPT will allow the chatbot to respond to voice instructions and visual inquiries. Users will have the ability to feed photos into ChatGPT on every platform and engage in voice conversations with it on both iOS and Android devices.

If you want to test out voice discussions in the ChatGPT application, you must opt-in. Five voices are available for you to select by touching the mic button.

The latest text-to-speech algorithm, according to OpenAI, powers the exchange of voice dialogues and can produce humanoid audio from only written words and just a few moments of sample voice.

It used professional actors to help create the five voices. The business’s Whisper voice recognition system, on the other hand, transforms an individual’s spoken words into text.

The features based on images are also fascinating. According to OpenAI, you could ask the chatbot to answer a maths problem you’ve snapped a picture of and show it a picture of your smoker. and inquire why it fails to ignite or get it to assist you in planning a dinner based on a photograph of what’s in the refrigerator. In fact, Microsoft emphasized the Copilot AI’s aptitude for maths issues during the previous week’s Surface event.

GPT-3.5 and GPT-4 are used by OpenAI to fuel its image classification capabilities. Tap the photo icon to snap a picture or select an existing photo from your smartphone to enjoy ChatGPT’s visual features. You may use a tool for drawing to zoom in on a particular area of the image while asking ChatGPT about numerous images.

The possibility for damage was mentioned by OpenAI in a blog post introducing the revisions. It’s conceivable for dishonest people to imitate famous people’s voices and maybe conduct fraud. For this reason, OpenAI is concentrating on ChatGPT voice chats using this technology and collaborating with a few chosen partners on additional constrained use cases.

Also Read: Palantir Wins $250 Million AI Deal with US Defence Department

Regarding visuals, OpenAI collaborated with Be My Eyes, a free tool that enables people to join video conversations with blind and low-vision users in order to assist them in better interpreting their surroundings.

“Users have told us they find it valuable to have general conversations about images that happen to contain people in the background, like if someone appears on TV while you’re trying to figure out your remote-control settings,” OpenAI said.
finance.yahoo.com

Suhani Jain

Palantir Wins $250 Million AI Deal with US Defence Department

Leave a Comment / Artificial Intellegence, Story, Tech Story / By Suhani Jain

A brand-new $250 million artificial intelligence agreement for the U.S. Army would help Palantir Technologies (PLTR), claims a financial professional who rates the PLTR stock underperform. On Wednesday, following the news, Palantir’s stock increased.

“While this contract adds fuel to the argument that Palantir is more like a government service provider, this contract bodes well for Palantir’s fourth-quarter and 2024 revenue,” William Blair analyst Louie DiPalma said in a note to clients.
www.investors.com

The U.S. Army has a three-year agreement for research and development operations.

Military leaders have praised the possible combat uses of machine learning and artificial intelligence, and business has matched the enthusiasm. Interest in these technologies has grown in the defence community in recent years.

The Government Accountability Office, a government watchdog, said that as of 2021, the Defence Department was managing over 685 AI-related projects. A minimum of 232 were under Army control.

Today’s stock market saw a 6.4 percent rise in PLTR stock, which closed at 14.85.

If the firm is awarded a new contract by the National Health System of the United Kingdom, the price of PLTR stock might increase further. Throughout the coronavirus crisis, the NHS employed Palantir. Now available is a larger deal valued at around $595 million. A choice is anticipated in 2023.

Palantir has worked with government clients to employ AI techniques for the military, combating terrorism, and gathering intelligence. Additionally, such artificial intelligence created prediction models by using pattern recognition.

Generative AI is currently being included by Palantir in its software system.

Generic artificial intelligence models analyze “prompts,” such as internet search terms that specify what a user is looking for. Technologies that use generative artificial intelligence independently produce literature, pictures, videos, as well as computer code. Palantir also wants to offer generative AI technology in industrial areas like the healthcare industry.

Early this year, Palantir unveiled the “Artificial Intelligence Platform,” its latest product. Palantir reports that the AIP has 150 consumers as of the middle of September, an increase of fifty percent over the previous month.

Also Read: TikTok’s E-Commerce Ambitions Stall as Global Backlash Grows

Palantir has also not provided pricing information for its generative AI solutions. Analysts claim that this makes the possible income rise from the AIP uncertain.

On August 1, PLTR stock reached a 52-week intraday record high of 20.24 as AI shares pushed higher. The PLTR stock, however, has now fallen from its 52-week high as of September 27. However, Palantir stock has grown by 124 percent so far in 2023.

Suhani Jain

From Unicorns to Camels: How AI Startups Transcend The Divide in Tech Investment

Leave a Comment / Artificial Intellegence, start-up, Story, Tech Story / By Sandhya Gupta

In the ever-evolving landscape of technology, artificial intelligence (AI) startups are emerging as the true pioneers, defying conventional constraints and making significant strides in the global tech arena.

Venture capital firms, traditionally inclined towards Silicon Valley giants, are now realigning their focus to recognize the exceptional prospects within this burgeoning field. What sets these AI startups apart is their ability to adapt and innovate, irrespective of their geographical location. Whether nestled in the familiar confines of Silicon Valley or flourishing in lesser-known tech hubs, AI startups are showcasing remarkable adaptability. Their ingenious use of AI technology has allowed them to create groundbreaking solutions, disrupting established industries and pushing the boundaries of what was once deemed possible.

The core of this revolution lies in advanced algorithms and rapid computing power that, astonishingly, didn’t exist a mere decade ago. These technological advancements have enabled AI startups to seamlessly overcome the limitations of traditional setups, opening up new possibilities and reshaping industries. As a testament to their potential, the AI market is expected to witness exponential growth, with a projected value of nearly $100 billion ballooning twentyfold by 2030, reaching nearly $2 trillion.

AI startups are not confining their impact to a single industry; they are leading the charge across various sectors. One notable example is the fintech industry, which has experienced a remarkable transformation due to AI-powered products. In 2018, AI-related investments in fintech amounted to a modest $408 million. Fast forward to the present, and the sector has witnessed a seismic shift, with investments reaching unprecedented levels. The fintech industry’s value, propelled by AI innovations, now stands at a staggering figure, illustrating the transformative power of these startups.

Moreover, AI is penetrating diverse sectors, including supply chains, marketing, product manufacturing, research, and analysis. The versatility of AI applications is a testament to its far-reaching impact on the business landscape. As AI startups continue to refine their offerings and expand their reach, they are set to become key players in shaping the future of industries worldwide.

Also Read: OpenAI Seeks $90 Billion Valuation in Possible Share Sale, WSJ Says

In this era where unicorns symbolize tech success, AI startups are introducing a new metaphor – that of camels, resilient and adaptable creatures that traverse diverse landscapes. The adaptability of AI startups to different environments and their transformative impact on industries make them the camels of the tech investment desert, traversing terrains that were once thought impassable and proving that the future belongs to those who can harness the power of artificial intelligence.

Sandhya Gupta

I am a law graduate from NLU Lucknow. I have a flair for creative writing and hence in my free time work as a freelance content writer.

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