Friday, March 21

Tag: Reddit

Steve Cohen says his firm can already save $25M by using AI
News Feed, Reddit

Steve Cohen says his firm can already save $25M by using AI

Steve Cohen's firm, Point72, saved $25 million using AI models like ChatGPT. The excitement around AI has driven the market rally, benefiting companies like Nvidia and Microsoft. Cohen emphasized the importance of companies embracing AI to stay competitive and efficient in the business landscape. Source: https://www.cnbc.com/2024/04/03/steve-cohen-says-his-financial-firm-can-already-save-25-million-by-using-ai-.html submitted by /u/NuseAI [link] [comments]
Did you see this coming?
News Feed, Reddit

Did you see this coming?

Before chat GPT released to the public I was clueless. I had no idea how far AI technology had come and how close we were to it totally taking over like the internet did. Before 2023, were any of you expecting this? Was there some indicators or was it totally out of the blue? Did OpenAI keep all this secret? submitted by /u/JCas127 [link] [comments]
Apple researchers develop AI that can ‘see’ and understand screen context
News Feed, Reddit

Apple researchers develop AI that can ‘see’ and understand screen context

Apple researchers have developed an AI system called ReALM that can understand screen context and ambiguous references, improving interactions with voice assistants. ReALM reconstructs the screen using parsed on-screen entities to generate a textual representation, outperforming GPT-4. Apple is investing in making Siri more conversant and context-aware through this research. However, automated parsing of screens has limitations, especially with complex visual references. Apple is catching up in AI research but faces stiff competition from tech rivals like Google, Microsoft, Amazon, and OpenAI. Source: https://venturebeat.com/ai/apple-researchers-develop-ai-that-can-see-and-understand-screen-context/ submitted by /u/NuseAI [link] [comments]
Yahoo is buying Artifact, the AI news app from the Instagram co-founders
News Feed, Reddit

Yahoo is buying Artifact, the AI news app from the Instagram co-founders

Yahoo is acquiring Artifact, an AI news app developed by Instagram's co-founders. Artifact's technology for categorizing, curating, and personalizing content will be integrated into Yahoo News and other Yahoo platforms. The acquisition will provide Yahoo with advanced recommendation systems and access to Artifact's innovative tech. Artifact's app will be discontinued, but its underlying technology will enhance Yahoo's user experience. Both parties see the potential for a faster evolution towards a personalized content ecosystem. Source: https://www.theverge.com/2024/4/2/24118436/yahoo-news-artifact-acquisition submitted by /u/NuseAI [link] [comments]
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