“The Center for Generative AI “will help us accelerate the process of scientific discovery and find new solutions to major engineering challenges that would otherwise take years of experimental work,” UT computer science professor and Machine Learning Labor director Adam Klivans said in a statement.” https://www.axios.com/local/austin/2024/02/02/artificial-intelligence-booms-austin
Mastercard jumps into generative AI race with model it says can boost fraud detection by up to 300%
“Mastercard’s proprietary algorithm is trained on data from the roughly 125 billion transactions that go through the company’s card network annually. Bhalla said the new transaction decisioning technology from Mastercard can help financial institutions improve their fraud detection rates by 20%, on average. In some cases, though, the model has led to improvements in fraud…
Etsy launches ‘Gift Mode,’ a new AI-powered feature that generates 200+ gift guides | TechCrunch
Jersey Mike’s Introduces AI Technology At 50 Of Its Restaurants
“The conversational voice assistant was created in collaboration with A.I. technology developer SoundHound, which is best known as a music recognition-slash-song identification app like Shazam. It has been trained to learn every sub on Jersey Mike’s menu and it can take orders over the phone, even handling multiple orders at one time. Got any questions…
Netflix Co-CEO Calls Vision Pro ‘Subscale’ and Wonders if Anybody Would Actually Use It
“‘We have to be careful about making sure that we’re not investing in places that are not really yielding a return, and I would say we’ll see where things go with Vision Pro,’ the Netflix co-CEO said. Other common apps like Spotify and YouTube also don’t plan to have a Vision Pro-specific app at launch,…