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Democratize AI | AI Products & AI Solutions

AI Digest | September–Part 3

Your AI Snapshot

Intel to make custom AI chips for Amazon for artificial intelligence computing. SES AI teams up with NVIDIA, Crusoe, and Supermicro to accelerate material discovery in electric transportation. OpenAI is in talks to raise $6.5 billion from investors at a valuation of $150 billion. WitnessAI announces support for Microsoft Copilot to control Shadow AI. Salesforce introduces autonomous AI agents, marking the third wave of the AI revolution. Thousands gather in San Francisco for Dreamforce 2024, a global AI event.


Media & Entertainment

The Garden Island Newspaper in Kauai, Hawaii, debuts the nation's first fully AI-generated newscast.

Huawei launches AI-powered cloud solutions for the entertainment industry aimed to enhance content production and distribution efficiency.

FMW Media invests $10 million in Singapore's Spinel Network for global expansion with Web3-AI technologies.


Retail & Consumer Goods

Office Depot and OfficeMax’s parent company, The ODP Corp.,expands generative AI in US retail stores. focusing on revenue management, advertising, and cost savings.

US-based commerce platform Fabricexpands its partnership with AWS to transform retail operations with AI.

Walmart and Amazon continue the AI transformation with AR and AI for store management and customer personalization with autonomous systems.


Healthcare

Palantir agrees to a multi-year, multi-million-dollar contract with Nebraska Medicine to advance patient care.

Salesforce to launch pre-built AI tools for healthcare with generative AI capabilities on Health Cloud available in October.

AvaSure and Oracle collaborate with NVIDIA on AI-powered virtual concierge for hospitals and health systems.


Technology

AI startup Groq Inc. has partnered with oil producer Aramco to build a giant data center in Saudi Arabia running AI systems across the Middle East, Africa and India.

Top AI business leaders from OpenAI, Microsoft, Nvidia and more meet with the Biden administration to discuss the emerging industry’s needs.

Google launches $10 million grant program and AI workshop to boost SMBs’ use of generative AI.


Banking & Insurance

JPMorgan Chase to equip 140K workers with generative AI tool,, expecting up to $2 billion in AI-related gains.

Mastercard is set to acquire threat intelligence company Recorded Future in a transaction valued at $2.65bn.

Commonwealth Bank to test AI chatbot called Hey CommBank chatbot for potential replacement of call center staff.


Miscellaneous

University of Arizona and Purdue University are developing VR-Bio-Talk set to revolutionize research in biology, agriculture, and computer science.

White House launches AI data center task force with industry experts to advance AI infrastructure and development.

NTT Data called for global cooperation in signs multi-year 'digital change' deal, with Arsenal FC to provide analytics-based hardware and software tools.


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