Adobe develops AI system for offline document processing on smartphones

Adobe has created SlimLM, an AI system that can analyze and process documents directly on smartphones without requiring internet connectivity. According to Michael Nuñez, the system was successfully tested on Samsung’s Galaxy S24, where it demonstrated capabilities in document analysis, summarization, and complex question answering. The technology operates with a compact model of 125 million …

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OpenText enhances AI platform with focus on enterprise ROI

OpenText has announced major updates to its AI capabilities through Cloud Editions (CE) 24.4, Sean Michael Kerner reports. The enterprise software vendor has expanded its Aviator technology to include 15 products supported by 102 autonomous agents across its portfolio of content management, DevOps, messaging, database, and security solutions. The company has introduced a 30-day “Earn …

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AI startup Moonvalley develops ethical approach to video generation

Moonvalley, a Los Angeles-based startup, is developing generative video tools with a focus on ethical data usage and creator rights. As reported by Kyle Wiggers for TechCrunch, the company distinguishes itself by exclusively using licensed content from opted-in creators for training its AI models. Founded by former Zapier executive Naeem Talukdar and DeepMind scientists, Moonvalley …

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New knowledge graph tool enhances AI document retrieval

Researchers have developed Fast GraphRAG, an open-source tool that improves how artificial intelligence systems retrieve and process information from documents. The system, created by CircleMind AI, combines traditional PageRank technology with modern knowledge graphs to enhance retrieval-augmented generation (RAG). The tool addresses common challenges in data processing by extracting entities and relationships from documents to …

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Tech giants collaborate on African language AI models

OpenAI, Meta, and Orange are partnering to develop artificial intelligence models for African languages, starting with Wolof and Pulaar in West Africa. According to reporting by Loni Prinsloo and Jillian Deutsch for Bloomberg, the initiative will launch in the first half of 2025 and aims to address the lack of AI language models for Africa’s …

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US Government wants to end Google’s investment in Anthropic

The US Justice Department has proposed forcing Google to unwind its $2 billion investment in artificial intelligence company Anthropic as part of an antitrust case resolution. According to reporting by Josh Sisco and Leah Nylen for Bloomberg, the proposal aims to prevent Google from acquiring, investing in, or collaborating with companies that control consumer search …

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Transformer

Transformers are a groundbreaking architecture for artificial neural networks, developed by Google in 2017, and now form the foundation for modern AI language models such as ChatGPT, Claude, or Google’s own Gemini. The name “Transformer” refers to these systems’ ability to transform input data (for example, texts) into another form. What makes Transformers special is …

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Amazon increases investment in AI company Anthropic to $8 billion

Amazon has announced an additional $4 billion investment in artificial intelligence company Anthropic, bringing its total investment to $8 billion while maintaining a minority stake. The investment marks Amazon’s largest outside investment in its three-decade history. As part of the agreement, Amazon Web Services (AWS) will become Anthropic’s primary cloud and training partner. Anthropic will …

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Hawaii newspaper ends AI news anchor experiment

A local Hawaiian newspaper, The Garden Island, discontinued its AI-generated news broadcast program after a two-month trial period, reports Guthrie Scrimgeour. The program, which featured AI presenters James and Rose created by Israeli firm Caledo, was the first of its kind in the United States. The virtual anchors struggled with pronunciation, displayed unnatural behavior, and …

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Enterprise AI spending shows dramatic increase in 2024

Business investment in generative AI reached $13.8 billion in 2024, marking a 500% increase from $2.3 billion in 2023, according to a new report from Menlo Ventures. Hayden Field reports for CNBC that OpenAI’s enterprise market share dropped from 50% to 34%, while Anthropic doubled its share to 24%. The findings, based on a survey …

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