Author: Advanced AI Editor
Close-up of an unrecognizable man using a computer and wearing headphones on his head while holding an electric guitar and recording the sound. Musician and technology concept | Image Credits:Alberto Case / Getty Images A small company called Songscription launched last week with AI models that automate music transcription, turning an audio file of a song into sheet music within minutes. Operating on a freemium model, the product is geared toward both professional and hobbyist musicians. “We hope to make playing music more enjoyable,” Andrew Carlins, CEO of Songscription and a student in Stanford’s MBA/MA in Education program, told TechCrunch.…
As apocalyptic warnings for the job-killing potential of AI mount, here comes a test for Wall Street. Verint Systems, a $1.2 billion maker of software for call centers, has hired bankers to seek a buyer, according to people familiar with the matter. The process will give an early indication ofAI’s disruption to long-established industries — why sit on hold in a world where personal AI agents can negotiate refunds and flight changes? And importantly for companies, why employ thousands of humans to answer those calls? Verint’s stock is down about 25% year-to-date, despite efforts to position itself to the market…
Image Credits:Grammarly Grammarly announced Tuesday the acquisition of email client Superhuman in a push to build out its AI for its productivity suite. Neither companies provided details about the financial terms of the deal. Superhuman was founded by Rahul Vohra, Vivek Sodera, and Conrad Irwin. The company raised more than $114 million in funding from backers including a16z, IVP, and Tiger Global, with its last valuation at $825 million, according to data from venture data analytics firm Traxcn. “With Superhuman, we can deliver that future to millions more professionals while giving our existing users another surface for agent collaboration that…
Tech entrepreneur and investor Vinod Khosla’s prediction of AI automating 80% of high-value jobs by 2030 coincides with a reckoning for Fortune 500 companies. Khosla shared his predictions for the future in a wide-ranging interview on the Uncapped With Jack Altman podcast. As a venture capitalist and early investor in companies like Square and Instacart, Khosla offered advice for business leaders on navigating unprecedented changes ahead. Companies like Sears and Toys “R” Us collapsed under digital pressure, but Khosla warns the 2030s will see a “faster demise” of giants as AI rewrites industry rules. See below for an overview of…
SAN DIEGO – Key takeaways from the Samsara Beyond event after customer interviews, press conferences and facility tours is the growing use of artificial intelligence in physical operations to improve safety and efficiency. Safety and security was a chief concern for Samsara customers, who in a recent panel ranged from agriculture, chemical distribution and food service. Each had various types of fleets paired with a complex multi layered internal supply chain, requiring telematics and machine learning to improve efficiency. At a press conference following Samsara’s keynote, industry leaders from Nutrien Ag Solutions, Univar Solutions and Sysco discussed how Samsara’s AI-powered…
(Bloomberg) — Elon Musk’s X will start to publish Community Notes written by artificial intelligence agents, a move to increase the speed of the social network’s fact-checking product and expand it to reach more people. Most Read from Bloomberg Developers will soon be able to submit their own AI agents for review by the company. Those AI agents will write a series of practice notes behind the scenes, and if the company deems them helpful, the bot will be deployed to write notes that will appear publicly on the service. Humans will still review those AI-generated notes, and the note…
Image Credits:Halo Creative AI-native startups are rewriting the rules of what early traction looks like — and too often, investors are still playing by the old ones. At TechCrunch All Stage, happening in Boston on July 15, Kleida Martiro, partner at Glasswing Ventures, will lead a breakout that cuts straight to the core of this disconnect. Her session, Winning Capital in a Competitive Market: How to Fund Your AI-Native Startup, on the Foundation Stage, explores how early-stage AI founders can frame their growth story in a way that resonates with forward-thinking investors — and filter out the ones still stuck…
Meta CEO Mark Zuckerberg announced a major overhaul of Meta’s AI efforts in a memo to staff on Monday, including a clutch of significant hires from rival AI companies.The restructuring comes after Meta has struggled in recent months to stay at the cutting edge of AI. Zuckerberg has largely staked Meta’s future on the rapidly-evolving technology, saying the company will spend between $64 billion and $72 billion building out data centers to handle AI workloads this year. This is up from just $28 billion in annual capital spending in 2023.Zuckerberg’s announcement signals a major strategic shift and aggressive investment in…
This story was originally published on Retail Dive. To receive daily news and insights, subscribe to our free daily Retail Dive newsletter. Over three-quarters of retail leaders say that innovation requires analytics and AI, but fewer than one-third believe their current capabilities in those technical areas give them a competitive advantage, according to May research from EY. Over half of retailers say AI, data and analytics are a top priority, according to the survey of 500 consumer products and retail executives, 20,000 consumers and almost 200 CEO’s. Three-quarters of consumer product leaders report relying more on AI and analytics to…
This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter. Since artificial intelligence, especially generative AI, has become widely available, the tech has dominated headlines as businesses and workers alike seek answers and best practices. Construction companies have been bombarded with pitches from companies offering AI-supported products, especially in the area of jobsite safety. “I think what the biggest challenge that our contractors are facing is they’re … frustrated because it’s coming at them so fast,” Greg Sizemore, vice president of workforce development, safety, health and environment for…