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Apple Joins the Race for AI Chatbot
According to a report from Bloomberg, the world’s largest firm, Apple Inc, by market capital, is engaged on creating AI instruments like OpenAI’s ChatGPT, Meta’s Llama 2, and Google’s Bard.
The report additionally states that Apple has constructed its personal framework, known as “Ajax,” to create massive language fashions (LLMs). LLMs are AI-based techniques that may course of and generate textual content, translate languages, write totally different varieties of artistic content material, and reply your questions in an informative method.
Apple has maintained a comparatively low profile concerning its generative AI endeavors, whereas counterparts like Google, Microsoft, and Meta have swiftly superior in the improvement of publicly obtainable generative AI choices. Nevertheless, Apple is presently attempting to handle the rising consumer want for generative AI applied sciences.
Nvidia Joins $1 Trillion Club
Nvidia Corp is a number one chipmaker firm that has just lately crossed one trillion-dollar market capital. Its market worth has soared to a powerful $1 trillion inside a span of underneath 10 months.
Its inventory value has tripled, experiencing over 200% progress since October 2022.
This excellent success is primarily attributed to Nvidia’s sturdy presence in the AI business and revolutionary developments in generative AI expertise.
During the pandemic, Nvidia emerged as a serious participant in the information heart and AI sectors. Its success might be attributed to its sturdy presence in gaming, elevated cloud utilization, and involvement in cryptocurrency mining.
Notably, Nvidia’s distinctive efficiency has surfaced its significance inside the subject of synthetic intelligence.
The firm’s market worth surpassing USD 1 trillion, positioned it alongside prestigious U.S. corporations like Apple, Amazon, Microsoft, and Google (Alphabet).
Gushwork Raises $2M to Outsource Business Tasks to Workforces Trained in AI
Gushwork is a startup using synthetic intelligence (AI) to automate customer support duties. The firm just lately raised $20 million in Series A funding led by Lightspeed Venture Partners and from present traders.
Gushwork AI’s platform incorporates each pure language processing (NLP) and machine studying (ML) applied sciences to automate varied duties concerned in customer support, reminiscent of answering inquiries, resolving points, offering assist, and many others.
Gushwork trains AI-augmented employees to deal with lead prospecting, e-mail advertising, advert administration, social media engagement, webinar moderation, CRM setup, and extra.
The platform proves extremely helpful for enterprises looking for to boost customer support, reorganize operations, scale back bills, and ship superior shopper experiences.
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