AI News Today – June 21, 2024
Welcome to “AI News Today,” your daily summary of significant happenings in the AI Industry.
Meta AI and Election Queries in India
Meta AI has lifted its restrictions on answering election-related queries in India. This change comes as the country prepares for its general elections. However, Google continues to apply similar limitations, citing concerns over potential misinformation and bias. Read all about it on the TDR Website!
Anthropic Unveils Claude 3.5 and Sonnet AI
Anthropic has announced the release of Claude 3.5 and a new model, Sonnet AI. Claude 3.5 features significant improvements in natural language understanding and generation, while Sonnet AI is designed for specialized creative applications, including poetry and music composition. Read all about it on the TDR Website!
Point72’s New AI Hedge Fund
Steve Cohen’s Point72 is launching a new hedge fund focused on AI stocks. The fund aims to capitalize on the rapid advancements and investment opportunities in the AI sector, leveraging Point72’s extensive research and analytics capabilities.
AI’s Impact on the Workforce
A recent report highlights the growing impact of AI on jobs, with significant changes observed across various industries. The finance sector is expected to see the highest displacement, as AI continues to automate tasks traditionally performed by humans.
Citi’s AI Displacement Predictions
Citigroup Inc (VIE: CITI) predicts that AI will displace more jobs in finance than any other sector. The bank’s analysis indicates that roles involving repetitive tasks and data processing are most at risk, pushing the industry to adapt to new technologies and skill sets.
Read more AI news on the TDR Website!
