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Taco Bell Expands AI Technology in Drive-Thrus by Year-End

Taco Bell Expands AI Technology in Drive-Thrus by Year-End

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By the end of the year, Taco Bell plans to transform the drive-thru experience at hundreds of its stores around the country by implementing artificial intelligence (AI) technology This announcement by Yum! Taco Bell’s parent company, Brands Inc., is planning to take a crucial step towards the direction of utilizing artificial intelligence in their business which is to enhance the overall customer experience and also increase their operational performance.

Using Artificial Intelligence More Often

Taco Bell Expands AI Technology in Drive-Thrus by Year-End

Image Source: cnbc.com

Voice AI is currently integrated in over 100 Taco Bell drive-thrus across 13 states. Yum! In the end, the brands hope to have this tech at each Taco Bell store. The spoken artificial intelligence system generates a simple and easy ordering procedure that increases customer satisfaction overall by utilizing their data, getting the correct analysis on that data, and output as well. 

Step to Enhance User Experience and Worker Productivity

Yum! Brands says that rather than laying off current employees, the utilization of artificial intelligence in drive-thrus will make the operations less cluttered and complex, it will improve order accuracy, and minimize wait times. Following almost two years of testing and development, they are now ready to implement this in real-time.  Yum! Brands’ Chief Innovation Officer, Lawrence Kim, reaffirmed the company’s belief in technology’s potential to improve operations and increase customer happiness.

Comparisons and Industry Trends

The trend toward AI is in line with other fast-food chains’ exploration of automation to address labour scarcities and improve operational efficiency. However, Taco Bell’s main rival, which is the McDonald’s, is no longer testing artificial intelligence drive-thrus because of multiple bad feedbacks from the customers, which shows the challenges that come with using such technology. In contrast, Taco Bell’s method is more systematic and broader, which is likely to avoid the same mistakes.

Worldwide Growth

The application of AI technology is not just for the US market. The Yum! Brands-owned KFC outlets in five Australian regions will implement the AI drive-thru technology. This action reflects Yum! Brands’ dedication to using AI throughout its international operations to improve operational effectiveness and service quality.

Also Read: Uber Expands EV Fleet with 100,000 BYD Electric Vehicles

Digitalisation

Delicious! The value of brand sales via digital platforms reached over 30 billion dollars last year, which is nearly the double number from the previous year. By the start of 2024, Online outlets had given their contribution to more than 50 percent of the sales. Taco Bell is integrating artificial intelligence into its drive-thrus as part of a larger plan for digitalisation which is an attempt to maintain its position as the quickest drive-thru amongst other well-recognized fast-food chains, it is not we say it is a claim made by QSR Magazine for three years running

 

In conclusion, Taco Bell’s adoption of AI for its drive-thru operations promises greater customer experiences, more efficiency, and a sustained emphasis on innovation, making it a significant achievement in the fast-food business.

 
OpenAI Announces the Arrival of GPT-5: The Next Generation in AI Technology

OpenAI Announces the Arrival of GPT-5: The Next Generation in AI Technology

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In the rapidly evolving landscape of artificial intelligence (AI), OpenAI has been a trailblazer with its Generative Pre-trained Transformer (GPT) series. Building on the success of ChatGPT and its predecessors, OpenAI is gearing up for the launch of GPT-5, the next-generation multimodal large language model that promises to redefine AI capabilities and applications.

According to anonymous sources familiar with the matter, OpenAI is diligently working on GPT-5, with a targeted launch window set for mid-2024, likely during the summer. The company has been collaborating with third-party organizations to refine and enhance the technology. A recent live demo showcased GPT-5’s prowess in handling specific use cases and datasets tailored to individual companies, earning high praise from industry insiders for its advancements over previous iterations

Key Features and Advancements

OpenAI Announces the Arrival of GPT-5: The Next Generation in AI Technology

Image Source: youtube.com

GPT-5 and the upcoming ChatGPT iteration will introduce several new features designed to elevate user experience and functionality. One notable enhancement is the integration of external “AI agents,” allowing GPT-5 to seamlessly collaborate with specialized agents developed by OpenAI to perform designated tasks independently. While an exact release date remains undisclosed, ongoing development progress indicates a summer launch for GPT-5 and associated upgrades.

Prior to its official release, GPT-5 will undergo rigorous testing phases to ensure safety, reliability, and optimal performance. OpenAI’s development roadmap includes extensive internal testing by designated personnel as well as evaluation by external “red teams” to assess the model’s capabilities and identify potential areas for improvement or refinement. The beta phase will play a crucial role in fine-tuning GPT-5 before its public debut.

Continual Innovation and Future Prospects

The forthcoming launch of GPT-5 marks a significant milestone in OpenAI’s journey towards advancing AI technology. CEO Sam Altman acknowledges the transformative potential of GPT-5, citing substantial improvements over previous iterations. Altman’s remarks reflect OpenAI’s commitment to pushing the boundaries of AI capabilities and addressing user feedback to deliver more intuitive, responsive, and versatile AI solutions.

Also Read: Kevin O’Leary Eyes TikTok Acquisition at 90% Discount

As OpenAI prepares to unveil GPT-5 and its enhanced features, anticipation is high within the AI community and industry sectors reliant on cutting-edge technology. With its track record of innovation and collaboration, OpenAI’s GPT-5 stands poised to revolutionize the AI landscape, offering unprecedented levels of sophistication, functionality, and performance for diverse applications.

SenseTime

SenseTime – A Chinese AI Unicorn That Came Up With Some Of The World’s Most Advanced Technologies.

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Based in Hong Kong, SenseTime is known as the world’s most valuable AI (artificial intelligence) company. It was founded in 2014 and within 7 years it has gained unicorn status and developed some of the advanced AI algorithms. A computer science professor, Tang Xiao’ou, and a computer scientist, Xu Li co-founded the company with others. It started as an academic project and by 2019 its valuation became $4.5 billion. It has landed some of the biggest conglomerates as its clients including Alibaba, Honda, Qualcomm, and Weibo.

About The SenseTime

It is almost hard to believe that a young seven-year-old company develops such advanced Ai-based technologies that it is one of the finest in the world. The company develops AI technology including image and facial recognition, object detection, medical image analysis, video analysis, remote sensing, etc. Its products are used in several different industries from entertainment to healthcare.

When the company was founded in 2014, it developed DeepID, a facial recognition algorithm that was the first of its kind to detect accuracy better than human eyes. SenseTime is working with the Chinese government on a project to make the country economically autonomous by 2025. Currently, SenseTime is a privately-held company.

SenseTime
Image source: wire19.com

Early History

In October 2014, Tang Xiao’ou and Xu Li co-founded SenseTime and in the founded year it unveiled the best algorithm for better detection accuracy than human eyes. This algorithm is called DeepID and it is even ahead of Facebook. The company also presented and published several papers on computer vision and they were accepted into the Conference on Computer Vision and Pattern Recognition (CVPR).

Within one year of its establishment, a total of 9 papers were accepted. In 2016, the company enrolled itself in the ImagineNet competition and it bagged the first price in several fields including object detection, video object detection, and scene analysis. The number of papers accepted in the CVPR Conference also rose to 16 by the end of the year.

Success Of SenseTime

In 2017, SenseTime broke all of the records of past company’s in the AI industry in terms of the highest rounds of financing. The number of publications kept on increasing and by the year-end, it surpassed both Google and Facebook with 43 publications. It was in the same year that SenseTime raised $410 million in the Series B funding. SenseTime started collaborating with several companies and government bodies of China. For example, in October 2017 it started a joint venture with Qualcomm followed by collaborating with Shanghai Municipal Government, and Honda by the end of the year.

In 2018, the company declared a collaboration with MIT for advanced research in the field of AI but after a couple of years, the program was canceled by MIT. In April 2018, a non-profit AI lab called HKAI Lab was founded to make Hong Kong a global AI hub. SenseTime founded this lab jointly with Alibaba and the Hong Kong Science and Technology Parks Corporation. SenseTime was also named as China’s National Open Innovation Platform for Next-Generation Artificial Intelligence on Intelligent Vision in September 2018.

Recent Days

Since 2014, SenseTime has tried to develop more advanced AI technologies that are equally focused on the research and development side of the company apart from the business part. In 2019, it became the first company in the world to join MIT’s Quest for Intelligence Campaign. The company is planning to go public as it filed IPO this year on the Hong Kong exchange. Though the company has given the world’s largest computer vision model, the profit curve is not very impressive. SenseTime heavily invests in R&D (60% of funding) and plans to expand to more and more industries both in domestic and overseas countries.

About The Founders

Tang Xiao’ou, apart from being the co-founder of SenseTime is also an information engineering professor at the Chinese University of Hong Kong. He is an alumnus of MIT and worked at Microsoft Research Area for four years. In 2009, he received the best paper award at CVPR Conference.

Xu Li is the co-founder and current CEO of SenseTime. He studied at the Chinese University of Hong Kong followed by Shanghai Jiao Tong University. He has published more than 50 academic works in the field of computer vision and won many awards.