Your AI Snapshot

U.S. AI safety institute signs agreements regarding AI safety research, testing, and evaluation with Anthropic and OpenAI. Amazon developing new version of Alexa with generative AI with the help of Anthropic's Claude artificial intelligence models. Yale announces $150 million to support leadership in AI for its students and staffs. NSF invests $20M to advance artificial intelligence technologies for the geosciences. French jet engine maker Safran strike a deal to buy AI firm Preligens for 220 million euros ($243.3 million).

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Media & Entertainment

Microsoft to showcase the role of AI in media at IBC2024 through a series of demonstrations, workshops and sessions.

Oprah Winfrey to host ‘AI and the future of us’ ABC special with Bill Gates and OpenAI CEO Sam Altman.

Venezuela's newest news agency says AI anchors from Connectas protect reporters amid government crackdown.

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Retail & Consumer Goods

Amazon is hiring from and licensing Covariant’s robotic foundation models to advance the state-of-the-art in intelligent and safe robots.

Google adds three AI features (tab compare, visual search & smart history) geared toward online retailers.

American multinational consumer electronics retailer,Best Buy refines its customer experience with personalized tech and AI-driven solutions.

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Healthcare

Researchers at UC San Francisco developed a ML-based video analysis system to quantify and validate motor symptom severity in Parkinson’s Disease patients.

U.S. Department of Health and Human Services announced new funding to help improve the use and maintenance of AI-enabled medical devices.

Rejoy Health secures $125 million valuation to expand AI capabilities and enhance healthcare solutions.

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Technology

Google is turning its image generator function back on for some Gemini AI users, after temporarily suspending the tool over concerns.

Salesforce is mulling a new pricing model for AI agent conversations as it gears up for the release of Einstein 1 Agentforce Platform.

OpenAI and Meta flex muscles releasing new usage data showing significant growth as competition in the generative AI sector heats up.

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Banking & Insurance

Mastercard is looking to AI and open banking for transaction monitoring, data standardization, and predict payments success.

Lloyds Bank and Cleareye.ai launch AI-centric trade finance partnership to streamline processing and compliance checking for trade finance documentation.

Flowcode and REIN partner to modernize insurance for Fortune 1000 brands combining QR data platforms with embedded insurance technology.

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Miscellaneous

California lawmakers approve legislation to ban deepfakes, protect workers and regulate AI.

Samsung launches the Bespoke AI Laundry Combo™, an innovative all-in-one laundry solution designed for modern efficiency.

Online dating apps like Tinder, Grindr and Bumble testing AI-powered wingman/wingwoman , for generating icebreakers and offer feedback on user flirting.

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Business Stories: AI in Action

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