JPMorgan CEO: AI will be used for ‘every single process’

In a recent Bloomberg interview, JPMorgan CEO Jamie Dimon unveiled his AI-driven vision for the financial industry.

Dimon expressed his belief that AI has the potential to revolutionise every aspect of JPMorgan’s operations, from trading and hedging to research and error detection. He described AI as a "living, breathing thing," capable of transforming traditional processes and augmenting human...

Twilio Segment: Transforming customer experiences with AI

AI News caught up with Hema Thanki, EMEA Senior Product Marketing Manager for Twilio Segment, to discuss how the company is using AI to transform customer engagement and personalisation.

AI is fundamentally reshaping customer engagement and personalisation by enabling businesses to deliver tailored experiences and responses to individual customer preferences on a large scale.

During our conversation, we discussed how Twilio is at the forefront of this revolution as...

Amazon invests $4B in Anthropic to boost AI capabilities

amazon anthropic ai artificial intelligence aws chatbot claude 2 model

Amazon has announced an investment of up to $4 billion into Anthropic, an emerging AI startup renowned for its innovative Claude chatbot.

Anthropic was founded by siblings Dario and Daniela Amodei, who were previously associated with OpenAI. This latest investment signifies Amazon's strategic move to bolster its presence in the ever-intensifying AI arena.

“We are excited to use AWS’s Trainium chips to develop future foundation models,” said Dario Amodei, co-founder...

OpenAI reveals DALL-E 3 text-to-image model

OpenAI has announced DALL-E 3, the third iteration of its acclaimed text-to-image model. 

DALL-E 3 promises significant enhancements over its predecessors and introduces seamless integration with ChatGPT.

One of the standout features of DALL-E 3 is its ability to better understand and interpret user intentions when confronted with detailed and lengthy prompts:

"A middle-aged woman of Asian descent, her dark hair streaked with silver,...

Stability AI unveils ‘Stable Audio’ model for controllable audio generation

Stability AI has introduced "Stable Audio," a latent diffusion model designed to revolutionise audio generation.

This breakthrough promises to be another leap forward for generative AI and combines text metadata, audio duration, and start time conditioning to offer unprecedented control over the content and length of generated audio—even enabling the creation of complete songs.

Audio diffusion models traditionally faced a significant limitation in generating audio of...

White House secures safety commitments from eight more AI companies

The Biden-Harris Administration has announced that it has secured a second round of voluntary safety commitments from eight prominent AI companies.

Representatives from Adobe, Cohere, IBM, Nvidia, Palantir, Salesforce, Scale AI, and Stability attended the White House for the announcement. These eight companies have pledged to play a pivotal role in promoting the development of safe, secure, and trustworthy AI.

The Biden-Harris Administration is actively working on an...

Baidu deploys its ERNIE Bot generative AI to the public

Chinese tech giant Baidu has announced that its generative AI product ERNIE Bot is now open to the public through various app stores and its website.

ERNIE Bot can generate text, images, and videos based on natural language inputs. It is powered by ERNIE (Enhanced Representation through Knowledge Integration), a powerful deep learning model.

The first version of ERNIE was introduced and open-sourced in 2019 by researchers at Tsinghua University to demonstrate the natural...

OpenAI launches ChatGPT Enterprise to accelerate business operations

OpenAI has unveiled ChatGPT Enterprise, a version of the AI assistant tailored for businesses seeking advanced capabilities and reliable performance.

The crux of its appeal lies in its enhanced features, including an impressive 32,000-token context window. This upgrade enables ChatGPT Enterprise to process extended pieces of text or hold prolonged conversations, allowing for more nuanced and comprehensive exchanges.

One of the most significant leaps forward is the...

OpenAI introduces fine-tuning for GPT-3.5 Turbo and GPT-4

OpenAI has announced the ability to fine-tune its powerful language models, including both GPT-3.5 Turbo and GPT-4.

The fine-tuning allows developers to tailor the models to their specific use cases and deploy these custom models at scale. This move aims to bridge the gap between AI capabilities and real-world applications, heralding a new era of highly-specialised AI interactions.

With early tests yielding impressive results, a fine-tuned version of GPT-3.5 Turbo has...

Meta unveils SeamlessM4T multimodal translation model

Meta researchers have unveiled SeamlessM4T, a pioneering multilingual and multitask model that facilitates seamless translation and transcription across both speech and text. 

The internet, mobile devices, social media, and communication platforms have ushered in an era where access to multilingual content has reached unprecedented levels. SeamlessM4T aims to realise the vision of seamless communication and comprehension across languages.

Boasting an impressive array of...