📣 Apple Brands AI as ‘Apple Intelligence’

Artificial intelligence (AI) will have a starring role at Apple’s developer conference this week. That’s the name the company has given its AI system, which is coming to new versions of the iPhone, iPad and Mac operating systems, Bloomberg News reported Friday (June 7), citing sources familiar with Apple’s plans.

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📣 Apple is bringing ChatGPT to the iPhone in partnership with OpenAI

Apple unveiled a long-awaited AI strategy on Monday, integrating Apple Intelligence across its suite of apps, including Siri, and announced a partnership with OpenAI to bring ChatGPT to its devices.

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📣 Oracle $ORCL, Microsoft $MSFT, and OpenAl are partnering to extend the Microsoft Azure Al platform to Oracle Cloud Infrastructure (OCI) to provide additional capacity for OpenAl

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📣 Databricks Launches AI-Powered Business Intelligence Product

Databricks has launched an artificial intelligence (AI)-powered business intelligence (BI) product designed to enable anyone in an organization to access analytics and insights.

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📣 Samsung offers plan to speed up delivery of AI chips

Samsung Electronics said its contract manufacturing business plans to offer a one-stop shop for clients to get their AI chips made faster, integrating its global No. 1 memory chip, foundry, and chip packaging services, to harness the AI boom.

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📣 OpenAI Doubled Annualized Revenue in 6 Months

OpenAI reportedly more than doubled its annualized revenue over the last six months or so. The firm’s current annualized revenue is $3.4 billion, up from $1.6 billion in 2023, Bloomberg reported Wednesday (June 12), citing a paywalled article by The Information.

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Spotify launches in-house creative agency and tests generative AI ads

The newly formed Creative Lab will assist brands in developing custom marketing strategies, including the production of video and audio ads, digital in-app experiences, and interactive advertising formats like call-to-action (CTA) cards.

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📣 McDonalds is removing its AI drive-thru voice ordering system from over 100 restaurants after its mishaps went viral

McDonald's told franchise operators on Thursday that it is removing AI order-taking technology from over 100 drive-thrus, marking the end of a test period conducted with IBM. A McDonald's spokesperson confirmed the decision to Business Insider in a statement, saying customers were introduced to the technology in 2021 when McDonald's entered a global partnership with IBM.

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📣 Apple $AAPL will gradually roll out its new Apple Intelligence features over several months, seeking to avoid the pitfalls that have plagued other AI systems - Bloomberg

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Handling of India election-related queries by Meta and Google AI

With the conclusion of India's elections and the onset of the new government, Meta has lifted restrictions on election-related queries on its AI platforms, allowing users to freely search for information about election results, politicians, and officeholders.

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📣 Amazon Bedrock introduces Anthropic's Claude 3.5 Sonnet to customers, their most powerful AI model to date

Anthropic’s Claude 3.5 Sonnet, the newest addition to the state-of-the-art Claude family of AI models, is more intelligent and one-fifth of the price of Claude 3 Opus. Claude 3.5 Sonnet, the latest and most capable model from artificial intelligence (AI) safety and research company Anthropic, is generally available today in Amazon Bedrock as part of Anthropic’s Claude family of AI models. Amazon Bedrock offers the broadest selection of high-performing foundation models (FMs) from leading AI companies, along with the capabilities and enterprise security customers need to quickly build and deploy generative AI applications.

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Worldcoin resumes operations in Kenya after government ban

The Directorate of Criminal Investigations (DCI) in Kenya has closed its investigation, which began shortly after Worldcoin's launch in July last year, citing no need for further police action.

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