#ai

According to staffing company Adecco Group, a significant number of top executives (41%) anticipate staff reductions and the automation of repetitive tasks with artificial intelligence. However, many have not fully succeeded in integrating this new technology into their operations.

The Amazon One app, leveraging generative AI to scan palm veins and generate a payment-ready fingerprint, has now introduced functionality with photographs from a regular smartphone. Initially, enrolling a palm required visiting an Amazon physical store.

Civic, a project for blockchain-based identification, has released a tangible card aimed at validating users' identities. This card will integrate into the broader Civic ID system, serving as a deterrent against AI-facilitated fraud on various platforms during identity checks.

Qualcomm, Google, Intel, and several other tech giants have established the UXL Foundation coalition to challenge Nvidia's AI market monopoly, which has propelled the company to a $2.2 trillion valuation.

With the new Blackwell B200 GPU chip, artificial intelligence will be able to train 2.5 times faster and improve response generation by a factor of five compared to its predecessor, the H100.

Google is considering integrating paid features based on artificial intelligence into its search engine, according to a report by the Financial Times The engineering team is actively working on these innovations, but the decision-makers are still weighing the potential implementation.

Amazon has decided to phase out its AI-powered cashierless 'Just Walk Out' system in its grocery stores. It turns out that, despite the use of automation technologies like cameras and sensors, the system still required the efforts of thousands of employees in India who were tasked with real-time product labeling verification.

Three AI-focused crypto projects, specifically SingularityNET, Fetch․ai, and Ocean Protocol, are considering the merger of their tokens into a single ASI token, Bloomberg reports, without revealing its source.

Inflection AI's CEO and co-founder, Mustafa Suleyman, has transitioned to Microsoft to lead the newly formed Microsoft AI division, encompassing products like Copilot, Bing, and Edge. Karen Simonyan, another co-founder, is set to become the Chief Scientist of the team.

In a recent publication, SEC Chairman Gary Gensler recognized the potential benefits of artificial intelligence (AI) in the financial sector but cautioned that not every company claiming to use AI is doing so, despite their assertive statements.