Generative AI

The global generative AI market, which is still in its infancy, is set to grow five-fold in five years, from $14.6 billion in 2024 to $72.8 billion in 2029 (currently around Rs. 528.237 billion), according to new forecasts released today by Omdia. Top application areas include consumer, enterprise services, retail, media and entertainment, and healthcare. The organization noted that as the next frontier of generative AI, multimodal generative AI technology is driving industries with its increasingly diverse capabilities...

According to the FT, Microsoft's head of AI, Mustafa Suleiman, is putting together a new consumer health team that includes a number of the core people he worked with during his time at Google DeepMind. This suggests that health is becoming a major playing field as tech giants scramble to explore the commercial potential of AI. Note: British entrepreneur Mustafa Suleiman is the co-founder of DeepMind and has been involved in AI since 2010. Mustafa Suleiman has tapped former DeepMind...

Recently, Business Research, Inc. published a report on Generative Artificial Intelligence Market 2024, showing that the market has been expanding rapidly over the past few years. According to the report, the generative AI market is projected to grow from $13.64 billion in 2023 to $18.1 billion by 2024, at a CAGR (average annual growth rate) of 32.71 TP3T.This growth is mainly attributed to the increase in computational power, wide availability of data, growing research and development, increasing industry applications, and breakthroughs in deep learning. Image Source Remarks:Image generated by AI, image licensed to service provider Midjourney In the coming years...

Today's big models have a wide range of extraordinary abilities, from reciting poetry to generating efficient computer code, giving the illusion that they seem to "vaguely understand" some of the fundamental laws of the real world. However, a new study suggests that this may not be the case. Researchers found that a popular generative AI model was able to provide near-perfect step-by-step navigational guidance in New York City, but did not produce a truly accurate map. According to a Nov. 5 report in the MIT Technology Review, the Laboratory for Information and Decision Systems (LIDS) at the Massachusetts Institute of Technology (MIT)...

GitHub's annual report, Octoverse, shows that Python has overtaken JavaScript as the most popular programming language on GitHub for the first time. This was largely driven by a surge in demand for artificial intelligence (AI) development, with Python also being widely used for data science and open source project development. The report notes that contributions to projects related to generative AI have grown by 59% in the past year, with contributions to AI-related public projects almost doubling from 2023, with India, Germany, Japan and Singapore being among those contributing...

According to the Yomiuri Shimbun on 25th, a 25-year-old Hayashi man was sentenced by the Tokyo District Court to three years' imprisonment and four years' probation for misuse of generative AI to create a computer virus, marking the first time in Japan that there has been a criminal conviction for misuse of generative AI. According to the judgment and other documents, on March 31 last year, this man created a ransomware-like computer virus at his residence in Kawasaki City using a computer and a smartphone with a malicious program design (source code) obtained by Generative AI. In addition, he posed as another person and fraudulently obtained...

Market research firm Gartner predicted on October 3 that by 2027, generative AI will spawn new jobs in software engineering and operations, and that 80% engineers will need to upgrade their skills. Bold predictions of AI's potential have sparked speculation that AI could reduce the need for human engineers or even replace them altogether," said Philip Walsh, senior principal analyst at Gartner. While AI will redefine the role of the software engineer, human expertise and creativity will remain...

A new study from the University of California, Riverside reveals the staggering environmental costs of generative AI, particularly its consumption of water, according to the Washington Post. The study found that AI requires a lot of water to cool servers, even if it's just generating text. This, combined with the enormous strain it puts on the power grid, further highlights the environmental challenges of AI development. The study notes that AI's water consumption varies by state and data center location, but overall, water consumption is inversely proportional to electricity costs. Texas has the lowest water consumption, requiring only 235 milliliters of water to generate a 100-word email, while Wa...

More than 70% of U.S. Teens Have Used Generative AI Tools, but More Than Half of Parents Don't Know About It, New Study Reveals A new report released by Common Sense Media reveals how often and how well U.S. teens are using generative AI tools, and how aware parents are of this. The findings show that 70% of U.S. teens have used generative AI tools, with more than half of those students using AI text generators and chatbots such as ChatGPT and Gemini, as well as AI-generated results with...

Researchers at Korea's Toyo Mirai University have published a new paper on arXiv that explores the educational impact of ChatGPT in computer science. The findings support the idea that generative AI (gen AI) can help students improve their learning, despite some concerns that the technology could be misused by cheaters. In this study, researchers Hee-hwan Son, Yudu Kim, and Hee-jin Lee selected 36 computer science majors for a four-week software development competition in which the students were allowed to use ChatGPT. In the first round of ...

TuSimple, an autonomous driving company, today announced that it has reached a cooperation with Shanghai Three-Body Animation Co., Ltd. to jointly develop the first animated feature film and video game based on the internationally renowned science fiction series "The Three-Body Problem" created by Liu Cixin. In addition, TuSimple officially announced its entry into the field of generative AI applications. The establishment of a new business unit "Generative AI" has been unanimously approved by the group's board of directors. This cooperation marks that TuSimple has obtained the adaptation authorization from the copyright holder of the "Three-Body Problem" IP. The new business will use TuSimple's technical accumulation in the field of autonomous driving and focus on generative AI applications in the media and game fields. TuSimple...

In a recent column, Gary Marcus, one of the founders of the field of machine learning, sharply criticized OpenAI CEO Sam Altman, saying that he cannot be trusted and that the development of generative AI is heading in the wrong direction. Marcus pointed out that although Altman often mentioned the importance of AI safety in public, his actual actions contradicted these remarks, which made people question his integrity. Source Note: The picture is generated by AI, and the picture is authorized by Midjourn…

According to the Wall Street Journal, Amazon's business unit focused on voice assistant Alexa lost as much as $25 billion (currently about 182.1 billion yuan) between 2017 and 2021. Although Amazon claims to have sold more than 500,000 Alexa devices, including Echo smart speakers, Kindle e-book readers, etc., Alexa has been difficult to make a profit. Amazon has reportedly adopted a looser financial management of the Alexa hardware department, prioritizing innovation and long-term benefits. The company once stated that…

According to an in-depth survey report released by the United Nations, China applied for 38,210 generative AI (AIGC) patents between 2014 and 2023, more than six times that of the United States, making it the world's leading country. Specifically, China is at the forefront of global patent application activities in GenAI. Between 2014 and 2023, China was responsible for more than 38,000 patent family publications based on the inventor addresses published on the patents. Since 2017, China has published more patents in this field each year than other countries combined. From 2014 to 202…

Meta is looking to build generative AI technology through virtual, augmented and mixed reality games to bring "new gameplay" to its metaverse. Meta recently offered an expert a $347,000 annual salary to promote its AI metaverse vision, while regulators have banned Meta from using Brazilians' personal data to train its AI. Source note: Image generated by AI, image licensing service provider Midjourney According to Meta, the successful candidate will initially work in its Reality Lab, where it builds the metaverse...

French AI startup Poolside.ai plans to raise at least $400 million in this round of financing and set its valuation at $2 billion. The lead investors in this round include Bain Capital Ventures and DSTPoolside.ai is a Paris-based generative AI company focused on accelerating software development. Source: Image generated by AI, image licensing service provider Midjourney Last August, the company had successfully completed a large-scale seed round of financing, raising $126 million in funds…

The International Monetary Fund (IMF) recently stated in a report that it does not recommend imposing special taxes directly on generative AI, but countries need to adjust their tax systems in all aspects to target AI development and strike a balance between AI development and labor protection. The IMF believes that directly imposing special taxes on generative AI to mitigate the impact of this most disruptive "automation tool" on the labor market is not feasible in practice and will also hinder the development of social productivity. Economies need to expand tax policy adjustments for generative AI to the broader field of "automation investment." …

At the 2024 Worldwide Developers Conference WWDC, Apple announced a series of major updates, marking the official entry of its entire product line into the era of generative AI. The core of this update is Apple Intelligence, a new personalized intelligence system that fully integrates the capabilities of generative AI and covers iPhone, iPad and Mac. The key features of Apple Intelligence include: Combining generative AI models and user profiles to provide practical intelligent services. Deeply integrated in iOS18, iPadO…

True Fit, an AI-driven size and fit personalization tool, has been providing sizing recommendation solutions to thousands of retailers for nearly 20 years. Now, the company is moving into the generative AI space with a new tool called Fit Hub, designed to improve how online shoppers find clothing that fits their body. Product Entry: Sizing issues continue to be one of the main causes of friction among online consumers, with the average return rate for e-commerce at 17.6%. Many customers go to great lengths to avoid returns by carefully reviewing product detail pages’ size charts, descriptions, and customer service…

In order to ensure that customers receive satisfactory products, Amazon has used a powerful weapon - "Project PI". This system, which combines generative AI and computer vision technology, can find damaged, wrong-color or wrong-size products before they are delivered to customers. The specific workflow is as follows: the goods to be delivered will pass through a tunnel equipped with a scanning device. The computer vision program (an AI technology that can analyze the content of an image) will check whether the product has defects. If a problem is found, the system will separate the product and conduct a defect assessment, while...

The official website of the China Cybersecurity Standardization Technical Committee has released a draft for comments on the "Basic Security Requirements for Generative Artificial Intelligence Services of Cybersecurity Technology". The standard details the security requirements for generative artificial intelligence services, including training data security, generated content security, and model security requirements. Among them, for training data, it is required to manage and verify the data source, improve the diversity of data sources, and stipulate relevant regulations for the use of open source, self-collected and commercial training data. For generated content, content filtering and intellectual property management are required, especially for training data containing personal information, and the use of authorized...

According to the latest survey report "The State of AI in Early 2024: Gen AI Adoption Spikes and Starts to Generate Value" released by McKinsey & Company, a top global consulting firm, the application of generative AI is booming. The survey results show that 65% of respondents frequently use generative AI, a significant increase from 2023, and it has begun to generate substantial business...

According to CCTV Finance, humanoid robots are a representative industry with a "full sense of the future". Data shows that by 2026, the scale of China's humanoid robot industry is expected to exceed 20 billion yuan. In the current era of the explosion of generative artificial intelligence technology, humanoid robots are very likely to achieve unexpected growth in the future. According to the report of "CCID Consulting Research" of China Academy of Information and Communications Technology, the humanoid robot industry will enter a period of explosive growth in 2023, and functional complete machines will gradually occupy the mainstream in the future, with huge development potential. In the environment where humans work and live, humanoid robots can handle complex and diverse...

Pre-trained large language models (LLMs) such as GPT-4 and Gemini have attracted much attention from organizations, who are eager to use LLMs to build applications such as chatbots and co-pilots. According to a new report from MIT Technology Review, titled "AI Readiness of C-Level Leaders," a survey conducted on behalf of ETL vendor Fivetran found that scaling AI or GenAI is the "top priority" of 82% executives surveyed. Source Note: Image generated by AI, image license service provider Midjourney survey…