Your AI Snapshot

Apple expected to debut the first generative AI iPhone at its September 9 event. ChatGPT developer OpenAI is supporting a California bill that would require tech companies to label AI-generated content. University of Florida Information Technology developed and released the first comprehensive, self-service AI platform. DIU wants to buy generative AI tech for Thunderforge initiative. Google appoints Noam Shazeer, the former head of startup Character.AI, to co-lead its main AI project.

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Media & Entertainment

OpenAI and Condé Nast have partnered to let ChatGPT and SearchGPT display content from Vogue, The New Yorker, GQ, and other major publications.

Storied Media Group teams with AI firm Vitrina< target="_blank"a href="https://deadline.com/2024/08/storied-media-group-ai-vitrina-production-data-analysis-1236048660/" style="color: #0058A0;text-decoration: none; font-weight: bold;"> to provide a detailed view of the global entertainment supply chain.

Rapper Will.i.am debuts an AI radio app with digital personas and curated content that simulates the experience of a radio station for users.

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Retail & Consumer Goods

Amazon aims to launch delayed AI Alexa subscription in October, just weeks before the U.S. presidential election.

Target COO and CFO Michael Fiddelke says its GenAI-powered chatbot is boosting worker efficiency and helping customers more efficiently.

Walmart is using generative AI to improve the data quality of its product catalog in pursuit of CX benefits for its customers and associates.

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Healthcare

Ohio State is launching an AI app to record patient-physician conversations after a poll showed approval for the technology.

Kaiser Permanente partners with Abridge on AI-enabled clinical documentation, investing in automating the process.

Techstars partners with Johns Hopkins and CareFirst on an AI accelerator program that aims to support early-stage healthtech, medtech and biotech entrepreneurs.

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Technology

California AI bill sparks debate in Silicon Valley as some tech giants including xAI and Anthropic call it a threat to innovation.

Decentralized machine learning platform Fetch.ai to launch Innovation Lab with $10M fund for startups.

Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek criticize European regulations surrounding open-source artificial intelligence.

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Banking & Insurance

Eltropy to host leadership summit at Sundance to spotlight 'safe AI' in community banking.

Wells Fargo bank uses business automation software and AI to help people manage relatives' estates following a bereavement.

The Conference of State Bank Supervisors (CSBS) has established a new advisory group on the use of AI in the financial services sector.

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Miscellaneous

The Bipartisan House bill aims to diversify talent in AI research and development at the National Science Foundation.

The world's third-largest pizza delivery company, Papa John’s is stepping up its efforts to test its entire technology ecosystem with AI.

NVIDIA is set to report its Q2 earnings on 28th August , presenting a key test for the AI trade and investor confidence in the sector.

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Business Stories: AI in Action

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