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AI Gold Rush: US Corporates Splash the Cash for Talent
AI Tool Tracker
August 15, 2023
Here's what's happening in the world of AI
Take a thrilling ride with the most current issue of our newsletter! This issue is sure to grab your interest and stimulate your imagination since it is jam-packed with the latest recent information regarding cutting-edge technology and artificial intelligence breakthroughs. Join us as we go into the future!
In today’s AI news
Got AI Expertise? Netflix & Amazon Are Ready to Write a Big Check!
Breaking Down Reviews: Amazon's AI Solution
Bentley's AI-Powered Leap with Blyncsy Onboard
$100M Deal: Anthropic's AI Set to Converse Globally
When Nature Strikes, AI Responds: A New Age for Disaster Management
3 Trending Tools
Got AI Expertise? Netflix & Amazon Are Ready to Write a Big Check!
US giants like Netflix and Amazon are rolling out AI jobs with salaries reaching up to $900,000 annually, indicating the rising demand for elite AI professionals across industries.
Key Highlights:
Netflix offers up to $900,000 for a machine-learning platform product manager role.
Amazon is listing a senior manager position in applied science and generative AI with potential earnings of $340,300 annually.
Apart from tech giants, firms like Goldman Sachs and Upwork are also hunting for AI experts, with salaries varying from $190,000 to $437,000.
As AI continues its upward trajectory, companies are splurging on top talent. The question remains: Is the tech's potential worth its soaring price tag or are we overvaluing expertise?
Breaking Down Reviews: Amazon's AI Solution
Amazon integrates generative AI to present succinct review highlights, aiding consumers in swift, informed purchasing decisions.
Key Highlights:
Amazon's AI-generated review highlights offer concise summaries of product features and customer sentiments.
The feature is currently available to select mobile users in the U.S.
Amazon is committed to review authenticity, using machine learning and expert investigations to combat fake reviews.
Amazon's innovative use of AI to enhance review clarity reaffirms the platform's commitment to enriching customer experience. Will AI be the future of online reviews?
Bentley's AI-Powered Leap with Blyncsy Onboard
Bentley Systems integrates with Blyncsy, a pioneering AI service provider for transportation, to enhance infrastructure analytics and augment AI's role in roadway assessment and maintenance.
Key Highlights:
Technological Leap: Blyncsy, established in 2014, harnesses computer vision and AI to pinpoint road maintenance issues, revolutionizing the traditional data collection process.
Digital Twin Ecosystem: Bentley's acquisition aligns with its iTwin Ventures focus, aiming to proliferate advanced infrastructure asset analytics.
Seamless Integration: Blyncsy's AI capabilities will be incorporated into Bentley's iTwin Platform and mobility digital twin offerings, enhancing engineering and simulation models.
Bentley Systems' strategic acquisition of Blyncsy reshapes the future of infrastructure management. How will this AI-powered evolution redefine our roads and transportation systems?
$100M Deal: Anthropic's AI Set to Converse Globally
Anthropic, an AI startup co-founded by ex-OpenAI leaders, bags a $100 million investment from SK Telecom to develop a multilingual AI tailored for global telecoms.
Key Highlights:
Anthropic previously garnered $450 million in Series C funding, with participation from SKT's venture capital division.
The new multilingual large language model (LLM) will support languages including English, Korean, and German, targeting global telco firms.
SKT plans to use the LLM for applications such as customer service and sales, merging their own Korean LLM capabilities with Anthropic's expertise.
As Anthropic and SKT unite, they not only redefine AI investments but challenge global telecoms to reimagine multilingual communication. Are we witnessing the future of global communication?
When Nature Strikes, AI Responds: A New Age for Disaster Management
The Japan International Cooperation Agency introduces an AI tool in the Philippines for improved disaster response, leveraging real-time data and analytics.
Key Highlights:
The tool, created by Japanese startup Spectee Inc., gathers real-time data from sources like social media and climate data, offering crucial insights during disasters.
Features include sentence and image analysis to verify information, aiming to prevent fake news and ensure data accuracy.
Japan has already seen success with this tool, with 100+ government and 90% of news organizations utilizing it for disaster management.
The collaborative venture between JICA and Spectee Inc. signals a significant leap in disaster management for the Philippines. As the line between technology and safety blurs, where else might AI intervene?
PitchPower: An AI-driven tool designed for consultants and agencies, PitchPower revolutionizes proposal creation. It instantly crafts tailored, persuasive proposals, understanding client needs. Features include real-time collaboration, cloud synchronization, and a focus on saving users' time.
Virtual Staging AI: Transform empty rooms into furnished spaces with Virtual Staging AI. By simply uploading a photo, users can visualize rooms with furniture and decor. This AI-powered tool offers a dynamic approach to interior design and property showcasing.
LotseAI: Designed for enterprises, LotseAI is a cutting-edge AI Assistant that elevates workplace productivity. It offers context-aware solutions and intelligent tools, ensuring tasks are streamlined and efficiency is maximized in the business environment.
