Your AI Snapshot

Palantir and Microsoft partner to deliver enhanced analytics and AI services to classified networks for critical national security operations. SoundHound AI acquires Amelia, expanding Its scale and reach In Conversational AI across new verticals and enterprise brands. The US, UK, and Australia take the next step in integrating AI defense systems with successful tests of new UAV systems. Intel sued for copyright infringement over AI software by Anaconda Inc. Oracle, Google veterans join CoreWeave to lead AI push.

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Media & Entertainment

Paris 2024 Olympics is trying out a new AI-powered talent spotting system that hopes to find the gold medallists of the future.

Peacock’s best feature for the Olympics is said to be Al Michaels's AI commentary, which is said to represent a new turnaround for the industry.

The FCC proposes requiring robocallers to disclose when they’re using AI with their new set of rules announcement.

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Retail & Consumer Goods

Online fashion retailer ASOS has entered a new three-year collaboration with Microsoft, reinforcing data-driven decision-making.

Macy’s Inc. expands AI use to provide online shoppers with relevant post-purchase promotions from partner brands.

ThredUp launched a trio of AI-powered tools including new search tools to give its $322M secondhand apparel business a boost.

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Healthcare

Paige and Microsoft have unveiled the next big breakthrough in clinical AI for cancer diagnosis and treatment: Virchow2 and Virchow2G– enhanced AI models for cancer pathology.

Smith & Nephew partners with Healthcare Outcomes Performance Company to deliver AI solutions for enhanced ASC procedures.

Cleveland Clinic announces new quantum computing and AI fellowship offered in partnership with Novo Nordisk Foundation.

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Technology

Telstra and Microsoft expand strategic partnership to power Australia’s AI future involving deployment of 21,000 Copilot for Microsoft 365 licences in the country.

OpenAI hit by leadership exodus as three key figures depart including co-founders and chief scientists of the company.

Artificial intelligence (AI) startup Glean is reportedly in advanced discussions to raise $250 million in financing.

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Banking & Insurance

JPMorgan Chase is giving its employees an AI assistant powered by OpenAI with the goal of injecting transformative technology throughout the bank.

British banking giant Lloyds has picked an Amazon Web Services veteran as its AI head for the strategic development of AI technology and capabilities.

NCR Voyix entered into a definitive agreement to sell its cloud-based digital banking business to private equity firm Veritas Capital for $2.45 billion.

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Miscellaneous

California State is partnering with NVIDIA on a new initiative to collaborate on cutting-edge AI efforts and provide our students, educators, and workers.

New Mexico investing in a new pilot project where faculty are encouraged to use genAI to create or build on open educational resources.

Kodeco, an e-learning platform expands Into AI with new bootcamps and certificate programs for students.

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Business Stories: AI in Action

“I’m delighted to share the incredible impact of our partnership with Fusemachines. Our joint efforts in combating postpartum depression have been revolutionary, through our AI enabled innovative app. Our app not only identifies risks but also proactively addresses mental wellness. Together, we are setting a new standard for digital health care and making a tangible difference for women and families worldwide.”