📈 How are companies using AI?

➜ Efficiency and Decision-Making Using AI. As an executive, making the right decision can be one of the toughest tasks. At least BBVA is on it. They’re deploying a Generative AI model to help its executives make quicker and more informed decisions. This assistant is designed to improve operational efficiencies and boost productivity by automating repetitive tasks and synthesizing complex data across departments.

Payment Expert

➜ Staying Green with AI in the Financial Sector (Not Talking About Money). Moving forward and innovating is great, but making sure that we do it in a sustainable way is even better. CommBank has revealed the sustainability impact of its AI infrastructure, emphasizing transparency about its energy and water consumption. As the bank scales its AI capabilities, it’s also prioritizing resource efficiency and aiming to set a benchmark for responsible AI deployment in the financial sector. Big.
Finextra

➜ X Marks the Spot with Grok. Nothing in life is free, but now Grok will be! Social platform X (formerly Twitter) is testing a free version of its AI chatbot, Grok, which Elon Musk describes as a “rival to ChatGPT.” Available initially for certain users, Grok will offer an AI-driven conversational experience directly within the platform, marking X’s growing interest in AI-integrated social media tools.
TechCrunch

➜ The Don Corleone of AI. We could have guessed it, probably, but this year’s Nobel Prize in Physics was awarded to a scientist celebrated as the “Godfather of AI.” The prize recognizes his foundational contributions to artificial intelligence, which have helped pave the way for the current surge in generative AI and advanced machine learning applications, marking a historic moment for the AI field.
Morning Brew

➜ “You Better Not Trust Me On This One”.  Back in the days we were worried about people getting their news from unreliable websites infesting Facebook and Twitter. Thankfully, OpenAI’s ChatGPT recently encouraged its users to seek election updates outside of the chatbot. Additionally, the tool has been programmed to filter out deepfake content, rejecting 250,000 false reports.
TechCrunch

➜ What’s in the Crystal Ball for AI?. Election day has gone and passed, who won – won. Now it’s time to get down to work/business. Elon Musk and Donald Trump have already teamed up to promote a new national AI policy focused on limiting the risks associated with large language models and deepfake technology. This partnership aims to establish regulations that address privacy, security, and transparency in the deployment of AI tools. We’ll be watching this space closely.
The Verge

💡 What are the nerds up to?

➜ Chat.com Now Redirects to ChatGPT. Would you spend $10 million on a URL? OpenAI just did. But seems worth it, wouldn’t you agree? Plus the simple announcement: Sam Altman just casually posts “chat.com” on his X account. Neat. What’s more, the drop of “GPT” from the domain aligns with OpenAI’s rebranding efforts – the company will name their new series of reasoning models starting with a simple “o1.”

TechCrunch

➜ DJs, We Still Need You. “Does anyone actually want an AI DJ calling them by name?” asks Allison Johnson for The Verge. She sat down to spend some quality time with Spotify’s AI DJ (it’s been around since 2023, so it took her a while). She came to the simple conclusion: “When a real human plays a song you really like because THEY really like it, too, it hits different than when it comes from an algorithm.” Agreed.

TheVerge

➜ Restored By AI, Nominated for Two Grammys. Were you one of those unconsciously humming “Now And Then” one year ago for about a month? The song took the internet by storm. And for a good reason: it’s not everyday that you get a new song release nearly 50 years after a band officially splits up! And it’s thanks to AI that The Beatles’ final hit went from a demo recorded by John Lennon in the late 1970s to a full-blown track, now up for two Grammys. Here’s to AI!

TechRadar

➜ AI Screening Conflict-of-Interest at Hospitals. Aaron Narva, legal compliance expert at risk management firms and compliance software makers, came up with an idea: he envisioned an AI-powered software as a service that would identify for hospitals and big medical practices conflict-of-interest incidents between doctors and vendors and suppliers. Big topic, as according to Narva: “A big health system might have 200,000 relationships between its doctors and vendors and suppliers.” His new AI startup, Conflixis, is aiming to protect hospitals from corrupt practitioners.

TechCrunch

➜ How To Hack an LLM-Driven Robot. A new study revealed an automated way to hack into LLM-based machines with 100 percent success. So-called jailbreaking attacks discover ways to develop prompts that can bypass LLM safeguards and fool the AI systems into generating unwanted content, such as instructions for building bombs, recipes for synthesizing illegal drugs, and guides for defrauding charities.

IEEE Spectrum  

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