AI Weekly Updates: Duolingo reportedly cuts staff in AI shift

In a week of groundbreaking advancements, Brave, the privacy-focused browser, has introduced Codellm, a cutting-edge feature powered by Mistral, revolutionizing user privacy and security. Meanwhile, Victoria’s Secret has joined forces to co-create AI-powered shopping experiences, marking a significant leap forward in retail innovation. SAP announced cutting-edge AI-driven retail capabilities, setting a new standard for personalized and seamless retail interactions. Microsoft unveiled a retail media creative studio, empowering retailers with innovative advertising solutions. In contrast, Duolingo has implemented staff cuts in its AI division, reflecting a strategic shift in focus. NVIDIA’s collaboration with Amgen aims to develop generative AI models for drug discovery, signifying a significant leap forward in pharmaceutical research. Lastly, Magnifi has joined forces with Rayados to pioneer AI-powered match highlights, revolutionizing sports media coverage. Quora’s intensified focus on chatbots holds the potential for transformative impact on the market, paving the way for an entirely new market.

Brave Launches Mistral-Powered CodeLLM In Search Results

Source: Search Engine Journal (searchenginejournal.com)

AI Summary:

Brave, the privacy-focused browser, has introduced Codellm, a cutting-edge feature powered by Mistral, in its search results. This advancement is set to revolutionize user privacy and security, offering a more secure and private browsing experience. With Codellm, Brave reaffirms its commitment to safeguarding user data and online safety, setting a new standard for internet privacy.

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Victoria’s Secret & Co. to Create AI-Powered Shopping Experiences

Source: RIS News (risnews.com)

AI Summary:

Victoria’s Secret has joined forces to co-create AI-powered shopping experiences, aiming to revolutionize customer engagement and personalization. This strategic partnership marks a significant leap forward in retail innovation, leveraging advanced AI technology to deliver tailored and immersive shopping experiences. The collaboration sets a new standard for customer-centric strategies in the retail industry.

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SAP Announces New AI-Driven Retail Capabilities to Enhance Customer Experience-From Planning to

Source: CMS Wire (cmswire.com)

AI Summary:

SAP has announced cutting-edge AI-driven retail capabilities to elevate the customer experience, spanning from planning to personalization. This groundbreaking development underscores SAP’s commitment to advancing retail innovation and delivering exceptional customer experiences. The integration of AI technology sets a new standard for personalized and seamless retail interactions, shaping the future of retail.

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Microsoft rolls out new AI tool that generates instant banner ads

Source: Search Engine Land (searchengineland.com)

AI Summary:

Microsoft has unveiled a retail media creative studio, introducing innovative advertising solutions for retailers to elevate customer engagement. This strategic initiative underscores Microsoft’s dedication to empowering retailers with advanced advertising tools and personalized customer experiences. The launch of the studio marks a significant leap forward in retail advertising and customer-centric marketing strategies.

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Duolingo reportedly cuts staff in AI shift

Source: Marketing-Interactive (marketing-interactive.com)

AI Summary:

Duolingo has implemented staff cuts in its AI division, signaling a strategic shift in focus. This move reflects the company’s commitment to optimizing operations and reallocating resources for greater efficiency. As Duolingo re-evaluates its AI initiatives, the decision underscores its adaptability in response to evolving market dynamics.

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NVIDIA partners with Amgen to build generative AI models for drug discovery

Source: Medical Device Network (medicaldevice-network.com)

AI Summary:

NVIDIA has teamed up with Amgen to develop generative AI models for drug discovery, marking a groundbreaking advancement in the pharmaceutical industry. This collaboration aims to expedite the discovery of innovative drugs by harnessing advanced AI technology. The partnership signifies a significant leap forward in pharmaceutical research and the development of life-saving treatments.

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Magnifi Partners With Rayados To Create AI-Powered Highlights of the Team’s Matches

Source: Sports Video Group (sportsvideo.org)

AI Summary:

Magnifi has joined forces with Rayados to pioneer AI-powered match highlights, revolutionizing sports media coverage. This groundbreaking partnership aims to elevate the viewing experience by leveraging advanced AI technology to deliver dynamic and engaging match highlights. The collaboration sets a new standard for immersive sports content, signifying a significant advancement in sports media and fan engagement.

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Quora Doubles Down on Chatbots, Potentially Opening an Entirely New Market

Source: Inc. Magazine (inc.com)

AI Summary:

Quora is intensifying its focus on chatbots, potentially paving the way for an entirely new market. This strategic maneuver underscores Quora’s dedication to advancing conversational AI technology and enriching user engagement. The expansion of chatbot capabilities marks a significant leap forward in digital interaction and holds the potential for transformative impact on the market.

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