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- Top AiNews.com Headlines for Thursday July 11th
Top AiNews.com Headlines for Thursday July 11th
How Apple Intelligence Transforms Siri on Your iPhone
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Today’s Headlines:
How Apple Intelligence Transforms Siri on Your iPhone - After years of criticism over Siri’s lack of innovation, Apple has announced a smarter version of its digital assistant, set to launch this fall. Thanks to the addition of Apple Intelligence, Apple’s generative AI offering, and a partnership with OpenAI, Siri is getting a host of new features and updates. Take a look at what you can expect.
Skild AI Secures $300M for Scalable AI Robotics Foundation - Skild AI, a pioneering AI robotics company, has successfully closed a $300 million Series A funding round to advance its scalable foundation model for robotics. Unlike vertically designed robots built for specific tasks, Skild’s model acts as a versatile, general-purpose brain for a wide array of robots and tasks, such as manipulation, locomotion, and navigation.
Avail Launches Corpus to Help Media License Content for AI - Avail, known for its script summarization product used in Hollywood, is launching a new product called Corpus. This new tool aims to help media companies and creators license their content to AI model developers, providing a new revenue stream and greater visibility.
Medal Raises $13M to Build Contextual AI Assistant Highlight - Medal, a startup known for its video game clipping product, has unveiled Highlight, a new cross-platform desktop app acting as a contextual AI assistant. This app captures on-screen content and lets users ask questions to a large language model (LLM) based on that context. Medal has raised $13 million at a valuation of $333 million.
AI Frenzy Propels TSMC to Record High and Trillion Dollar Club - Taiwan Semiconductor Manufacturing Company (TSMC) achieved a record high on Thursday, driven by strong second-quarter revenue and booming demand for AI applications. This milestone solidifies TSMC's position as Asia's most valuable company, with a market value now exceeding one trillion dollars.
Goldman Strategists - AI Spending by Big Tech Worries Investors - Investors are growing increasingly concerned that US technology megacaps are spending too much on artificial intelligence, according to Goldman Sachs Group Inc. strategists. “Today’s hyperscalers will eventually be required to prove that revenues and earnings will be generated from their investments,” Hammond wrote in a note. “Early signs that may not be generated could lead to valuation de-rating.”
Hedge Funds Bet on South Korean Chipmakers for AI Boom - Hedge funds are increasingly investing in South Korea's chipmakers, betting on the growing demand for high-end memory chips and government support to boost their value. Hedge funds believe the AI boom that tripled Nvidia's stock value has left opportunities in South Korean chipmakers.
AI Accelerates Detection of Drug-Resistant Bacteria - A recent study from the University of Cambridge suggests that artificial intelligence (AI) can significantly accelerate the detection of antibiotic-resistant bacteria. This research demonstrates a machine-learning model capable of identifying drug-resistant Salmonella Typhimurium from microscope images, potentially reducing diagnosis time compared to traditional methods.
Train Managers Before Implementing AI to Ensure Success - Businesses are quickly adopting generative AI (GenAI) without establishing adequate governance systems, potentially leading to serious quality and compliance issues. Implementing AI requires more than just a working knowledge of the technology; it demands comprehensive preparation and training, especially for managers and executives.
Measuring Developer Productivity in AI-Powered Software Development - AI-assisted development is rapidly becoming the norm, with 78% of surveyed executives and IT professionals currently using AI in software development or planning to do so within the next two years, up from 64% in 2023. Despite the hyper-productivity enabled by AI, measuring its impact remains a challenge for IT managers and business leaders.
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Careers in AI: Top Picks
Explore leading career opportunities in the artificial intelligence industry. 'Careers in AI: Top Picks' brings you the latest job openings from top companies, helping you advance your career in AI. We will update this section as we discover new career opportunities from reputable companies.
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