Hello! 👋👋

Here are 5 things you missed today in the world of AI. Because we get it, life is busy & who has the time to sit around and keep up with the fastest moving industry right now - here are 5 things we think you need to know in the world of AI.

1 -💰 Microsoft, BlackRock Launch $100 Billion AI Infrastructure Fund

Microsoft, BlackRock, and other tech and finance giants have formed a partnership to invest up to $100 billion in building data centers and energy infrastructure to support the growing demands of artificial intelligence. The goal is to address the bottleneck of AI computing power and ensure the sustainable development of this technology.

READ THE FULL ARTICLE HERE ➯

2 -🚚 Amazon Leverages AI for Same-Day Delivery Efficiency

Amazon is leveraging generative AI to revolutionize its package delivery operations. By optimizing routes, enhancing warehouse robotics, and improving supply chain forecasting, Amazon aims to increase same-day and next-day deliveries. While this technology offers significant benefits, there are also concerns about its environmental impact and potential job displacement. As Amazon continues to invest in AI, it will be interesting to see how these advancements shape the future of e-commerce.

READ THE FULL ARTICLE HERE ➯

3 - 👩🏻‍💻 Cramer: AI's True Business Value is in Customer Service

Jim Cramer argues that AI's true potential lies in revolutionizing customer service across industries. By automating responses and providing efficient solutions, AI can enhance customer interactions, reduce operational costs, and free up human resources. Cramer believes that while AI may not be a standalone strategy, it can significantly streamline processes and improve overall business efficiency.

READ THE FULL ARTICLE HERE ➯

4 - 📈 Broadcom Boosts AI Revenue Outlook Amid Growing Demand

Broadcom’s CEO, Hock Tan, has reaffirmed the company’s bullish outlook on the AI market, stating that the demand for its semiconductor products will continue to grow as tech giants invest heavily in large language models. While the company faced a temporary downturn in legacy semiconductor sales, Tan expects a recovery in this sector as well. Overall, Broadcom’s strong position in the AI market and its growing revenue from this sector indicate a positive future for the company.

READ THE FULL ARTICLE HERE ➯

5 - 💻 Infosys Chair Predicts AI Models Will Become Commodity, Applications Will Drive Value

According to Infosys co-founder Nandan Nilekani, the future of artificial intelligence lies in the applications built on top of large language models. While these models will eventually become commoditized, the real value will come from the innovative ways companies leverage them to solve specific problems. This shift is particularly evident in the realm of enterprise AI, where businesses are increasingly integrating AI into their operations to streamline processes and gain a competitive edge.

READ THE FULL ARTICLE HERE ➯

Written by AI Bulletin team - Australia
Was this email forwarded to you? Sign Up Here
_{Copyright 2024 The Managers Bulletin. All Rights Reserved.}