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Nick Huber / Financial Times: The prospect of applying generative AI to contract lifecycle management software has prompted a flurry of deals, as experts expect further market consolidation  —  The prospect of applying tech breakthroughs to handling data-rich digital documents has prompted a flurry of deals Source link

Microsoft’s artificial intelligence (AI) chatbot Copilot has reportedly received a new update that gives it the capability of managing certain tasks on a linked Android smartphone. The feature has some requirements that must be fulfilled before it can function as designed, as per the report. After setting it up, users can ask Copilot to send

Reuters: Samsung estimates Q2 operating profit up 1,452% YoY to $7.54B, and revenue up 23% YoY to ~$53.7B, as chip prices keep rising  —  Samsung Electronics (005930.KS) estimated on Friday a more than 15-fold rise in its second-quarter operating profit, as rebounding semiconductor prices driven … Source link

QR-based Unified Payments Interface (UPI) payments will now be accepted in the United Arab Emirates (UAE), NPCI International Payments Limited (NIPL) announced via a press release on Wednesday. To facilitate this move, the organisation is partnering with Network International – a company which enables digital commerce across the Middle East and Africa (MEA) region. Courtesy

Michael Nuñez / VentureBeat: Meta releases pre-trained models that use a novel multi-token prediction approach, available on Hugging Face under a non-commercial research license  —  Meta has thrown down the gauntlet in the race for more efficient artificial intelligence.  The tech giant released pre-trained models … Source link

Ajax Engineering, a concreting solution provider, launched its artificial intelligence (AI) platform Concrete GPT on Tuesday. The AI chatbot is aimed at professionals in the concrete industry and serves as a knowledge-sharing space to share innovation, market insights, and regulatory updates. The company claims that more than a million specialists in India will benefit from

Kalley Huang / The Information: Source: Character.AI held talks over partnerships with Google, Meta, and xAI, to access the partnering company’s computing in return for sharing some of its IP  —  A year ago, Character.AI had the wind at its back.  Founded by two artificial intelligence pioneers from Google … Source link

OpenAI published a study about a new artificial intelligence (AI) model on Thursday that can catch GPT-4’s mistakes in code generation. The AI firm stated that the new chatbot was trained using the reinforcement learning from human feedback (RLHF) framework and was powered by one of the GPT-4 models. The under-development chatbot was designed to

Financial Times: Sources: BlackRock has agreed to buy Preqin, a UK-based provider of private markets data, for £2.55B in cash  —  Pursuit of data providers has grown alongside demand for ever more granular financial information  —  BlackRock has agreed to buy Preqin, a UK private markets data group … Source link

The United States and India have extended a standstill agreement on U.S. retaliation over India’s digital-services tax until Sunday, aligning it with a fast-approaching deadline for a global deal to reallocate taxing rights on the world’s biggest and most profitable companies, the U.S. Treasury said on Friday. In a brief announcement, the Treasury said that