AI News Today – July 25th, 2024
Welcome to “AI News Today,” your daily summary of the AI Industry.
- The integration of AI in the video game industry is leading to significant layoffs and causing widespread anxiety among workers about job security and work quality. Companies like Activision Blizzard are replacing human roles with AI tools, prompting discussions about the ethical implications and driving game industry workers toward unionization to protect their jobs. Please read all about it on the TDR Website!
- Microsoft (NASDAQ: MSFT) and Lumen Technologies (NASDAQ: LUMN) have announced a partnership to drive AI advancements and digital transformation, targeting benefits for hundreds of millions of customers. The collaboration will leverage Microsoft’s cloud capabilities and Lumen’s edge computing infrastructure to enhance network performance.
- Accenture launched its AI Refinery framework using NVIDIA (NASDAQ: NVDA) AI Foundry to help enterprises create custom Llama LLM models tailored to their specific data and processes. This initiative allows businesses to develop and deploy specialized AI applications quickly, enhancing their operations with domain-specific knowledge.
- Alphabet Inc. (NASDAQ: GOOGL) disappointed investors in its earnings as its substantial investment in AI infrastructure surged, contributing to an 84% increase in capital expenditures compared to the past five years.
- Tesla’s (NASDAQ: TSLA) profit margins are shrinking due to aggressive price cuts on its electric vehicles and substantial investments in artificial intelligence. This combination has led to Tesla’s operating margin falling to its lowest point in three years, impacting its financial performance significantly.
- GeneCentric Therapeutics announced that the American Medical Association has granted a Proprietary Laboratory Analyses (PLA) code for its AI-driven PurIST test. The PurIST test utilizes artificial intelligence to enhance precision in diagnosing and treating pancreatic cancer.
- The AI boyfriend business is thriving as chatbots like Replika and Nomi gains popularity for offering emotional support, companionship, and even romantic interactions. These AI companions create personalized, human-like experiences, remembering user preferences and fostering meaningful relationships that appeal to those seeking connection and understanding in a digital format.
- Amazon Prime Video has revamped its user interface with a new content bar and AI-driven recommendations. The overhaul aims to enhance user experience by making navigation more intuitive and providing personalized content suggestions.
Read more AI news on the TDR Website!
