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🀡🏻 Power Players in Tech Engage with Lawmakers

Plus:-πŸ’₯ EY's $1.4 Billion Investment Unveils EY.ai

Hi superminds πŸ‘‹ , Anurag here

Here i publish AI news, innovation, Tech & trends every day

So please subscribe this newsletter πŸš€

Here today’s menu:

  • πŸ’₯EY's $1.4 Billion Investment Unveils EY.ai: A Game-Changing AI Platform

  • 🀡🏻 Power Players in Tech Engage with Lawmakers to Shape the Future of AI Regulation

  • Amazon launch Game-Changing AI to 🌌Supercharge Seller Product Descriptions

  • πŸ‘¨πŸ½β€πŸš€ some more picks

  • 4 AI toolsπŸ›  to supercharge your productivity

  • Fun with A.I. πŸŽ‰

4-Min Read

πŸš€ Launch

πŸ’₯ EY's $1.4 Billion Investment Unveils EY.ai: A Game-Changing AI Platform

EY has launched EY.ai, a platform integrating human expertise with artificial intelligence (AI) to assist clients in adopting AI confidently and responsibly, backed by a $1.4 billion investment in AI technology.

EY.ai combines EY's extensive experience in strategy, transactions, transformation, risk, assurance, and tax with AI capabilities, enhancing their technology platforms and solutions.

EY is actively upskilling its workforce in AI knowledge and skills and is introducing EY.ai EYQ, a secure, large language model. They are also expanding their AI learning and development programs.

The platform fosters collaborations with a broad AI ecosystem, including partnerships with organisations like Microsoft, Dell Technologies, IBM, SAP, and others to develop AI-driven solutions and services.

EY.ai incorporates AI-powered solutions, such as the EY.ai Confidence Index, Maturity Model, and Value Accelerator, which assess AI implementation, industry standing, and strategic prioritisation.

The platform puts AI capabilities into the hands of EY teams and users globally, embedding generative AI and development tools into EY Fabric, the organisation's global technology backbone, to accelerate responses to global business transformation needs. Additionally, EY is actively engaged in AI research and plans to launch a marketing campaign highlighting the transformative potential of AI in their services.

AI NEWS

🀡🏻 Power Players in Tech Engage with Lawmakers to Shape the Future of AI Regulation

Tech leaders including Elon Musk, Sundar Pichai, and Mark Zuckerberg discussed AI's impact and regulation during a three-hour meeting with lawmakers in Washington.

The gathering, called the A.I. Insight Forum, was organised by Senate leader Chuck Schumer to educate Congress on AI technology.

The meeting featured prominent tech executives, including Bill Gates, Sam Altman, Satya Nadella, and Jensen Huang, in a rare gathering to shape AI's future.

Topics discussed included the potential civilizational risks of AI, its role in solving health and energy challenges, and the importance of open and transparent AI systems.

While there was a consensus on the need for AI regulation, there were differing opinions on issues like open-source AI and security risks, with Elon Musk emphasising the existential risks posed by the technology. Some lawmakers criticised the closed-door nature of the meeting, while others supported future public discussions.

πŸš€ Launch

🌌 Amazon launch Game-Changing AI to Supercharge Seller Product Descriptions

Amazon's Generative AI for Sellers: Amazon is introducing advanced AI technology called generative artificial intelligence (generative AI) to assist sellers in creating product listings that are more appealing and informative.

Simplified Listing Creation: This AI technology simplifies the process of creating product titles, bullet points, and descriptions for sellers. Instead of manually entering extensive product data, sellers can provide a brief description, and Amazon's AI generates high-quality content for them.

Improved Shopping Experience: With more detailed product descriptions, customers can make more informed purchasing decisions. The AI-generated content enhances the overall shopping experience by providing complete and engaging product information.

Efficiency and Quality: Amazon's generative AI models are designed to significantly improve the efficiency and quality of product information. They can infer details from various sources and images, making the listing creation process faster and more accurate.

Seller Support: Amazon is actively working on using AI to assist sellers, making it easier for them to succeed on the platform. This AI-driven approach is part of Amazon's ongoing efforts to enhance the seller experience.

In a nutshell, Amazon is leveraging AI to simplify and enhance the way sellers create product listings, ultimately benefiting both sellers and customers.

πŸ› 4 AI TOOLS : supercharge your productivity

Jasper :-Jasper specialises in creating long-form content like blog articles, scripts, outlines, and more.πŸ€–

Grammarly GO  :- GrammarlyGo is Grammarly’s AI-powered content creation tool for brainstorming ideas, constructing outlines, drafting, and even giving your old work new life. 🧿

DALL-E :- text-to-image models developed by OpenAI using deep learning methodologies to generate digital images from natural language 🏜

Synthesys :- Video generating tool πŸŽ₯

πŸ‘¨πŸ½β€πŸš€ Some more picks

🚩 Alibaba's large language model, Tongyi Qianwen, akin to ChatGPT, is now accessible to the public and enterprises in China, coinciding with China's relaxation of AI technology restrictions. In contrast, the United States is at the initial stages of discussing AI regulation. Read full article on Cointelegraph

🚩 Data Kinetic introduces an AI Outcomes as a Service suite for the Oil and Gas industry. The platform offers machine learning models to boost AI adoption, focusing on optimizing processes such as gas lift operations. It follows a platform-agnostic approach to tailor AI solutions for industry-specific needs. Read full on Businesswire

🚩 Stability AI has just launched an exciting new platform that lets you create songs using text. It's a game-changer in the world of AI, turning your words into music effortlessly. Read full on India today

🚩 San Diego-based startup Shield AI is set to secure $150 million in funding for its military autonomous drone tech, catapulting its valuation to $2.5 billion. Read full on Bloomberg

Fun with AI πŸŽ‰

Prompt by ChatGPT πŸ₯³

Today’s AI art πŸ€–

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