The manufacturing industry is experiencing a revolution due to the rise of Artificial Intelligence (AI), which is expected to generate a potential economic activity of up to $13 trillion by 2030. This transformation is driven by the industry’s shift towards digitalization, with almost all automotive manufacturers planning to adopt digital strategies within the next few years.… Read the rest
Mastercard Launches Innovative Tool for Small Business Owners
Mastercard has unveiled a groundbreaking initiative to provide personalized guidance and mentorship for small business owners worldwide. Recognizing the invaluable contribution of small businesses to the global economy, Mastercard is piloting Mastercard Small Business AI, an inclusive Artificial Intelligence tool designed to offer customized assistance to entrepreneurs as they navigate the hurdles of running a business.… Read the rest
Google and Amazon Make Significant Workforce Cuts as Focus Shifts to Artificial Intelligence
Google and Amazon have recently made substantial cutbacks to their workforce, signaling a shift in focus towards investments in artificial intelligence (AI). Google recently laid off hundreds of employees in its hardware, voice assistance, and engineering teams as part of cost-cutting measures.… Read the rest
Microsoft Introduces AI-Powered Solution for Instant Banner Ad Generation
Microsoft has announced the launch of its new AI-powered solution, Retail Media Creative Studio, which allows advertisers to generate banner ads within seconds. By inputting a product’s URL, advertisers can utilize generative AI tools to create banner ad creatives that align with each retailer’s style guide.… Read the rest
Vbrick Unveils AI-Powered Video Platform to Enhance Content Management
In today’s fast-paced digital landscape, businesses are increasingly relying on video as a powerful communication tool. However, managing and accessing the vast amount of video content has become a major challenge. To address this issue, Vbrick, a leading enterprise video solutions provider, has introduced new artificial intelligence (AI) capabilities to its video platform.… Read the rest
New Evidence Challenges the Uniqueness of Fingerprints
Summary: Recent AI research conducted by undergrad researchers at Columbia Engineering challenges the long-held belief that all fingerprints are unique. Using a deep contrastive network and a US government database of 60,000 fingerprints, the researchers found that while the branching and endpoints of fingerprints may vary, the angles and curvature at the center can be the same across an individual.… Read the rest
India Focusing on Building Infrastructure and Developing Talent for AI
A recent announcement by Shanker Trivedi, Senior Vice President of Nvidia Global Field Operations, highlighted the need for dedicated infrastructure and talent capability in the field of artificial intelligence (AI) in India. Trivedi unveiled two initiatives aimed at strengthening the AI landscape in the country, aligning with India’s growing interest in AI technologies.… Read the rest
Victoria’s Secret Partners with Google Cloud to Enhance Customer Experience
Victoria’s Secret & Co. has announced their collaboration with Google Cloud Vertex AI to develop an advanced online chatbot, aimed at providing personalized advice and recommendations to shoppers. This partnership marks a significant step for the popular lingerie retailer to enhance the shopping experience for its customers.… Read the rest
Intel’s Next-Gen Battlemage GPUs: Anticipating a Challenger to the Best Graphics Cards
Intel may have been quiet about its next-generation graphics cards during its CES 2024 keynote, but Project Battlemage is still very much alive. In a recent interview, Intel’s fellow Tom Petersen shed some light on the future of Intel’s GPUs.
While the lack of official statement during CES raised eyebrows, PCWorld’s interview with Petersen confirmed that the release of Intel’s discreet GPUs may still be a while off.… Read the rest
Dynamic NFTs Revolutionize the Craftsmanship of Luxury Spirits
Summary:
The emergence of dynamic non-fungible tokens (NFTs) is transforming industries and creating a new level of customer engagement. Metaverse Merchants, a pioneering platform, is leveraging these dynamic traits to tokenize the craftsmanship of luxury spirits. Through ‘Merchant’ NFTs, enthusiasts can collect virtual warehouses with specific abilities and premium spirits, which influence the maturing process and offer real-world assets as physical releases.… Read the rest