📈 How are companies using AI?
➜ Fraud? Not on CBA’s Watch. Commonwealth Bank of Australia has unleashed AI to fight fraud – and it’s crushing it. With machine learning scanning 2M+ transactions daily, fraud-related costs have dropped by 50%. Banks everywhere, take notes.
Finextra
➜ The AI Factory for Stories. Audio giant Pocket FM is using AI narrators and editing tools to churn out fresh content in multiple languages at lightning speed. With over 100M users hooked, it’s a storytelling machine on steroids.
TechCrunch
➜ A Voice Bot That is Always On. Meesho just rolled out a GenAI-powered voice bot for round-the-clock customer support. Multilingual, lightning-fast, and scalable – this bot isn’t just a feature, it’s a game-changer for millions of shoppers.
Economic Times
➜ When Hollywood Goes Global. IMAX is joining forces with CambAI to localize marketing for global audiences. AI tools now create trailers and posters tailored for every region, making Hollywood feel a little more local.
OpenTools
➜ Alibaba vs. OpenAI. Alibaba just unveiled “O1,” an open-source reasoning model built to challenge the likes of GPT. Complex problem-solving? Check. Open innovation? Double check. The AI space just got more interesting.
TechCrunch
➜ Here Comes the Video Revolution. Amazon is working on a video AI model that’s smarter than ever – think real-time object recognition and emotion detection. From streaming to e-commerce, this tech could redefine how we see video.
Reuters
➜ AI: America’s Economic Fix? Economists say AI could improve the US’s fiscal health by optimizing public spending and fighting fraud. It’s not just about productivity – it’s about saving the economy, one algorithm at a time.
CNBC