AI News This Week: Everything You Need to Know

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Key Takeaways

  • AI chatbots are being tested for police reports, raising accuracy and legal concerns.
  • Klarna reduced its workforce by 24% due to AI, increasing efficiency and profits.
  • Apple, Nvidia, and Microsoft are exploring significant investments in OpenAI, potentially valuing it at over $100 billion.

This week’s tech headlines highlight major shifts: OpenAI boosts leadership, Nvidia faces competition from Cerebras, and Klarna slashes workforce as AI boosts efficiency.

AI Chatbots for Police Reports: A Legal Liability?

AI chatbots like Axon’s Draft One are being tested to generate police reports for minor incidents quickly. However, concerns exist about their accuracy and the potential for introducing false information, which could impact legal outcomes.

Klarna Cuts Workforce by 24% as AI Revolutionizes Operations

Klarna has reduced its workforce by 24%, from 5,000 to 3,800, largely due to AI integration. The company’s AI assistant now handles tasks equivalent to 700 employees, significantly cutting resolution times. This efficiency has boosted productivity and profits, with Klarna reporting a 27% revenue increase and a shift from losses to adjusted profit.

Cerebras Challenges Nvidia with Launch of World’s Fastest AI Inference Service

Cerebras Systems has introduced the “Cerebras Inference” platform, claiming it’s 20 times faster than Nvidia’s Hopper chips. The platform aims to challenge Nvidia’s dominance in the AI chip market by offering a high-performance, cost-effective alternative. With its innovative CS-3 chip, Cerebras is positioning itself as a major competitor in the growing AI inference space.

Plaud is the Latest to Try Making an AI Pin

Plaud.AI’s new NotePin, an AI-powered note-taking pin priced at $169, promises improved efficiency with LLM-based transcriptions and up to 20 hours of battery life. However, it enters a challenging market where previous AI wearables, like Humane’s AI Pin, have faced significant issues and underwhelming reviews.

Google Claims It Fixed Gemini’s AI Image Generation of People

Google is reinstating Gemini’s ability to generate images of people, having fixed past issues with technical improvements and better safeguards. The updated Imagen 3 model aims for higher quality while avoiding realistic and controversial content, contrasting with xAI’s less regulated approach.

Musk Supports Controversial AI Bill Amid Silicon Valley Opposition

Elon Musk has endorsed California’s Senate Bill 1047, which requires safety testing for large AI models, despite strong opposition from other tech leaders. This support aligns with Musk’s long-standing advocacy for AI regulation but contrasts with his recent ventures into AI technology. The bill has sparked debate, as some believe it may hinder innovation in the industry.

California State Assembly Passes Controversial AI Safety Bill

California’s State Assembly has passed the AI safety bill, which requires security measures for AI systems and allowsthe state attorney general to sue developers for public harm. The bill, now awaiting Senate approval and the governor’s decision, has faced mixed reactions from the tech industry.

Countries Building AI Models Fuel Nvidia’s Growing Chip Demand

Countries are driving up demand for Nvidia’s chips as they develop custom AI models to meet their specific needs. Despite US-China semiconductor tensions, Nvidia’s revenue is set to grow, with governments and global customers increasingly relying on its technology.

Researchers Use AI to Discover Better Catalysts for Green Hydrogen Production

University of Toronto researchers are using AI to find better catalysts for green hydrogen, with an AI-generated alloy outperforming benchmarks by 20 times. They’re also developing AI models to speed up material predictions for batteries and other green technologies.

YouTube Tests AI Comment Sorting Tool in All Supported Languages

YouTube is testing an AI tool that organizes comments into topics for easier navigation. The tool is now available in all supported languages. Currently exclusive to select YouTube Premium users on mobile, the feature aims to simplify comment sections and help creators engage with their audience more effectively.

Meta’s AI Chatbot Achieves 400M Users, Closing Gap with ChatGPT

Meta’s AI chatbot, powered by Llama 3.1 and integrated across Instagram, WhatsApp, and Facebook, has reached 400 million monthly users, narrowing the gap with ChatGPT. CEO Mark Zuckerberg aims for it to become the most-used chatbot by the end of the year. Despite its broad reach, the chatbot’s user retention remains a challenge.

Alexa With Generative AI Might Drop Amazon Tech in Favor of Claude

Amazon’s upcoming generative AI Alexa, set to use Anthropic’s Claude and cost $5 to $10 per month, aims to address performance issues with Amazon’s in-house AI. Concerns remain about customer uptake and regulatory scrutiny over Amazon’s investment in Anthropic.

Google Sets More Limits on AI for the 2024 US Presidential Election

Ahead of the 2024 US presidential election, Google is imposing new limits on its Gemini AI to curb misinformation, including restrictions on image generation and AI chat summaries. These measures aim to prevent the spread of false information and ensure reliable election-related content.

Apple, Nvidia, and Microsoft Eye Major Investments in OpenAI

Apple, Nvidia, and Microsoft are eyeing major investments in OpenAI, potentially valuing it at over $100 billion. Nvidia is considering a $100 million stake, with Microsoft and Thrive Capital leading a multibillion-dollar funding round to boost OpenAI’s computing and operational capabilities.