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AI Updates: From Mobile World Congress to Funding Rounds and Market Turmoil

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Manage episode 470911970 series 3456961
Content provided by owith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by owith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.At the Mobile World Congress, there was a focus on AI with mobile network providers feeling the pressure to keep up with tech giants like OpenAI and Google. French provider Orange introduced an AI assistant called DinooToo, but its success remains uncertain. The overturning of net neutrality in the US may benefit carriers financially, but this trend is not seen in Europe. Handset makers like Samsung and chipmakers like Qualcomm are integrating AI assistants into smartphones for improved user experience. In retail, AI assistants are influencing customer purchasing decisions, with Trustpilot using AI to combat fake reviews and provide valuable data to companies. The US State Department is using AI to target foreign student visa holders based on social media posts, sparking concerns about freedom of speech. Businesses are encouraged to embrace AI-driven models for speed, innovation, and workforce strategies. OpenAI has signed a $12 billion contract with CoreWeave, while ServiceNow acquired Moveworks for $2.85 billion to enhance its AI offerings. Foxconn introduced its own large language model called FoxBrain. OpenAI's research team is working on detecting reward hacking in AI models. Chinese startups like Manus and Foxconn are making advancements in AI, narrowing the gap with the US.Cartesia, a voice AI startup founded by Karan Goel and their team from Stanford's AI lab, has raised $64 million in a Series A funding round led by Kleiner Perkins. The company, which focuses on real-time generative AI models for voice AI, has developed its latest audio model, Sonic, which has been adopted by over 10,000 customers. Cartesia aims to reduce latency in AI systems and enable them to handle data on a large scale. Goel believes that voice communication will become increasingly important in the future and envisions a wide range of use cases for voice AI. The company's name is inspired by mathematician and philosopher Rene Descartes, reflecting its focus on precision and innovation in AI technology. Cartesia's success in securing funding and growing its customer base highlights the potential for voice AI in various industries.Apple is planning a major software overhaul for the iPhone, iPad, and Mac, aiming to transform the interface for a new generation of users. The revamp will make the operating systems more consistent and simpler to navigate. Servicenow is acquiring Moveworks for $2.85 billion in cash and stock, focusing on AI agents that can perform digital tasks. Tesla's stock stumbled by 15% as the Nasdaq fell over 4%, possibly due to soft demand and competition in China. Elon Musk claimed that a cyberattack caused disruptions to his company X, but evidence is lacking. Other news includes Asana CEO Dustin Moskovitz retiring, Coreweave signing an infrastructure deal with OpenAI, and Meta and Apple facing potential fines for breaching EU regulations.Elon Musk blames George Soros and Reid Hoffman for funding protests at Tesla showrooms. President Trump supports Musk and plans to buy a Tesla. Sam Bankman-Fried's chances of a pardon from Trump are "near zero." Retailers like Abercrombie & Fitch and Gap are diversifying supply chains to protect themselves from tariffs. Ukraine launched a drone attack on Moscow, with peace talks ongoing. Analysts warn of recession risks, US exceptionalism, stagflation, and the impact of Dogecoin policies. The stock market is in turmoil, with the S&P down 9% from its peak. Prologis CEO Hamid Moghadam discusses the impact of tariff-induced chaos on inventory stockpiling and demand for warehouses.Nvidia is facing a challenging start to 2025 due to various factors including government scrutin

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83 episodes

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Manage episode 470911970 series 3456961
Content provided by owith. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by owith or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.
Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.At the Mobile World Congress, there was a focus on AI with mobile network providers feeling the pressure to keep up with tech giants like OpenAI and Google. French provider Orange introduced an AI assistant called DinooToo, but its success remains uncertain. The overturning of net neutrality in the US may benefit carriers financially, but this trend is not seen in Europe. Handset makers like Samsung and chipmakers like Qualcomm are integrating AI assistants into smartphones for improved user experience. In retail, AI assistants are influencing customer purchasing decisions, with Trustpilot using AI to combat fake reviews and provide valuable data to companies. The US State Department is using AI to target foreign student visa holders based on social media posts, sparking concerns about freedom of speech. Businesses are encouraged to embrace AI-driven models for speed, innovation, and workforce strategies. OpenAI has signed a $12 billion contract with CoreWeave, while ServiceNow acquired Moveworks for $2.85 billion to enhance its AI offerings. Foxconn introduced its own large language model called FoxBrain. OpenAI's research team is working on detecting reward hacking in AI models. Chinese startups like Manus and Foxconn are making advancements in AI, narrowing the gap with the US.Cartesia, a voice AI startup founded by Karan Goel and their team from Stanford's AI lab, has raised $64 million in a Series A funding round led by Kleiner Perkins. The company, which focuses on real-time generative AI models for voice AI, has developed its latest audio model, Sonic, which has been adopted by over 10,000 customers. Cartesia aims to reduce latency in AI systems and enable them to handle data on a large scale. Goel believes that voice communication will become increasingly important in the future and envisions a wide range of use cases for voice AI. The company's name is inspired by mathematician and philosopher Rene Descartes, reflecting its focus on precision and innovation in AI technology. Cartesia's success in securing funding and growing its customer base highlights the potential for voice AI in various industries.Apple is planning a major software overhaul for the iPhone, iPad, and Mac, aiming to transform the interface for a new generation of users. The revamp will make the operating systems more consistent and simpler to navigate. Servicenow is acquiring Moveworks for $2.85 billion in cash and stock, focusing on AI agents that can perform digital tasks. Tesla's stock stumbled by 15% as the Nasdaq fell over 4%, possibly due to soft demand and competition in China. Elon Musk claimed that a cyberattack caused disruptions to his company X, but evidence is lacking. Other news includes Asana CEO Dustin Moskovitz retiring, Coreweave signing an infrastructure deal with OpenAI, and Meta and Apple facing potential fines for breaching EU regulations.Elon Musk blames George Soros and Reid Hoffman for funding protests at Tesla showrooms. President Trump supports Musk and plans to buy a Tesla. Sam Bankman-Fried's chances of a pardon from Trump are "near zero." Retailers like Abercrombie & Fitch and Gap are diversifying supply chains to protect themselves from tariffs. Ukraine launched a drone attack on Moscow, with peace talks ongoing. Analysts warn of recession risks, US exceptionalism, stagflation, and the impact of Dogecoin policies. The stock market is in turmoil, with the S&P down 9% from its peak. Prologis CEO Hamid Moghadam discusses the impact of tariff-induced chaos on inventory stockpiling and demand for warehouses.Nvidia is facing a challenging start to 2025 due to various factors including government scrutin

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