AI in Business

HyperPlane, a startup based in San Francisco, is emerging from stealth mode today, unveiling a $6 million funding round led by former Stripe executive Lachy Groom. Other contributors include SV Angel, Clocktower Technology Ventures, Liquid2 Ventures, Soma Capital, Latitud, Atman Capital, Crestone VC, and Norte. The primary objective is to assist banks in leveraging their […]

Amazon has unveiled its response to ChatGPT with the introduction of Q—a business chatbot fueled by generative artificial intelligence. The announcement was made during the company’s annual conference in Las Vegas, where it hosts events for its AWS cloud computing service. This move reflects Amazon’s reaction to competitors who have introduced chatbots that have garnered […]

This year, GitLab introduced a new artificial intelligence platform named Duo, designed to boost developer efficiency with capabilities such as summarizing tasks, crafting detailed narratives for project milestones and tasks, offering coding assistance, and clarifying security issues, along with additional functionalities. Recently, the portfolio was expanded with the launch of Duo Chat, a conversational AI […]

The use of AI in customer service began around the early 2000s when businesses saw the potential of AI to improve interactions with customers. In the past, AI systems mainly relied on rule-based decision-making, which limited their capabilities. As machine learning and deep learning technologies advanced, AI became better at handling complex customer queries.   […]

With a substantial $2 billion investment reportedly coming from Google, Anthropic has joined OpenAI in reaping the rewards of their leadership in the field of artificial intelligence. They are receiving significant sums from tech giants who were not able to keep up with the pace of progress.   According to sources cited by The Wall […]

AI’s role in telecommunications emerged when technology met the need for effective network management and customer support. While it’s tricky to pinpoint the exact start of AI in telecom, it began gaining traction around the early 2000s. Telecom companies started using AI to address various issues, including improving network performance, detecting faults, and predicting maintenance […]

Artificial Intelligence (AI) is changing how we use social media, making our interactions, content sharing, and access to information better. From Facebook to Twitter, Instagram to LinkedIn, AI is at the core, giving users tailored content, ensuring safety, and optimizing ads.    Personalization for Everyone    When you sign into your preferred social media platform, […]

On Wednesday, Foxconn, the prominent Taiwanese technology powerhouse, and Nvidia, a leading hardware company from the United States, announced their collaborative venture aimed at establishing cutting-edge “AI factories.” These advanced data processing centers are set to revolutionize the production of next-generation products, most notably electric cars.   Foxconn, recognized as the world’s largest contract electronics […]

The integration of AI into the logistics sector has significantly reshaped how goods and packages move globally. This transformation began with forward-thinking companies acknowledging the potential of AI algorithms to streamline operations, reduce expenses, and enhance overall efficiency.   Amazon was an early adopter in this change. They envisioned a logistics system that not only […]

In the quest for optimizing efficiency and ensuring the safety of oil rigs, energy companies have increasingly turned to artificial intelligence (AI) to revolutionize their operations. BP, one of the world’s largest integrated energy companies, has been at the forefront of this AI-driven transformation. With a strategic focus on predictive maintenance, BP is leveraging cutting-edge […]