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Top AI News Headlines for Thursday March 28th

Amazon and Anthropic deepen their shared commitment to advancing generative AI

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Today’s Headlines:

  • Amazon and Anthropic deepen their shared commitment to advancing generative AI - “Anthropic’s visionary work with generative AI, most recently its state-of-the art Claude 3 family of models, combined with Amazon’s best-in-class infrastructure like AWS Tranium and managed services like Amazon Bedrock further unlocks exciting opportunities for customers to quickly, securely, and responsibly innovate with generative AI."

  • Google announces new SGE and Maps travel features for people who like to plan a little or not at all - Google announced the ability to create an itinerary in SGE (Google's experiment for AI-powered search) and new ways to find recommendations and customize lists in Maps. With SGE's travel planning feature, you can ask it to plan you an itinerary with recommendations pulled from around the web including Business Profiles for restaurants and sites with images and user reviews.

  • White House orders federal agencies to name chief AI officers - The new policy also requires federal agencies to establish AI governance boards to coordinate and establish rules for the use of AI technologies across each agency. By December, federal agencies must also put in place what the White House calls "concrete safeguards" when they use AI "in a way that could impact Americans' rights or safety."

  • Accenture Invests in Sanctuary AI to Bring AI-Powered, Humanoid Robotics to Work Alongside Humans - Accenture has invested in in Sanctuary AI, a developer of humanoid general-purpose robots that are powered by AI and can perform a wide variety of work tasks quickly, safely and effectively. “AI-powered humanoid robots are essential to reinventing work and supporting human workers as labor shortage is becoming an issue in many countries and industries.”

  • Hume AI reveals its Empathic Voice Interface - Hume's Empathic Voice Interface (EVI) - touted as the first conversational AI with emotional intelligence - can hold full conversations with you - all without typing!

  • Treasury Report Finds ‘Significant’ Gaps in AI Fraud Prevention - “As more firms deploy AI, a gap exists in the data available to financial institutions for training models,” the department said. “This gap is significant in the area of fraud prevention, where there is insufficient data sharing among firms.” Bigger institutions tend to have much more historical data, while smaller FIs typically lack the internal data and expertise needed to develop their own anti-fraud AI models.

  • Google.org launches $20M generative AI accelerator program - Google.org, Google’s charitable wing, is launching a new program to help fund nonprofits developing tech that leverages generative AI. In addition to funding, nonprofits in the six-week accelerator program will get access to technical training, workshops, mentors and guidance from an “AI coach.”

  • Oracle gives NetSuite an AI upgrade - Instead of charging customers extra for AI features, Oracle is treating these product improvements as table stakes — setting up a showdown with rivals who are charging a premium for similar services.

  • Metaview’s tool records interview notes so that hiring managers don’t have to - “It helps recruiters and hiring managers focus more on getting to know candidates and less on extracting data from the conversations. As a consequence, recruiters and hiring managers save a ton of time writing up notes and are more present during interviews because they’re not having to multitask.”

  • Ron Insana’s new firm aims to bring AI-powered trade ideas to individual investors - iFi AI will try to crack the code of integrating artificial intelligence and investing, and it will be mostly focused on helping individual traders make buy and sell decisions. The company will use AI models to help generate projected returns for stocks over various time periods.

Spotlight on Mark Cuban Foundation’s AI Bootcamp Program

The Mark Cuban Foundation AI Bootcamp Program is looking for motivated high school students to join an immersive learning journey. With no prior experience or knowledge required, any 9th-12th grader is invited to apply to the Mark Cuban Foundation AI Bootcamp Program at www.markcubanai.org/apply, where students will be mentored by industry professionals in their learning of what AI is and isn't, where they already interact with AI in their own life, the ethical implications of AI systems, and how to use various AI tools to increase their AI literacy and understanding, all at NO COST!

Founded in 2019 by Mark Cuban, the AI Bootcamp Program has hosted over 70 bootcamps with over 40 host companies and has reached nearly 2,000 students. This year, the AI Bootcamp Program will take place over three consecutive Saturdays on November 2nd, November 9th, and November 16th.

Our Bootcamp locations are expanding once again, serving cities such as Dallas, Chicago, Detroit, and Miami. For a full list of our 2024 camp locations, please visit www.markcubanai.org/faq.

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Missed out on Ring and Nest? Don’t let RYSE slip away!

Ring 一 Acquired by Amazon for $1.2B

Nest 一 Acquired by Google for $3.2B

If you missed out on these spectacular early investments in the Smart Home space, here’s your chance to grab hold of the next one.

RYSE is a tech firm poised to dominate the Smart Shades market (growing at an astonishing 55% annually), and their public offering of shares priced at just $1.50 has opened. 

They have generated over 20X growth in share price for early shareholders, with significant upside remaining as they just launched in over 100 Best Buy stores.

Retail distribution was the main driver behind the acquisitions of both Ring and Nest, and their exclusive deal with Best Buy puts them in pole position to dominate this burgeoning industry.

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