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Category: business – Page 59

Salesforce is leading a financing round in Hugging Face, one of the most highly valued startups helping businesses use artificial intelligence, at a valuation north of $4 billion, according to two people with knowledge of the situation. The roughly $200 million funding round more than doubles the share price and private valuation of the New York–based company, one of these people said.

Salesforce is paying a high price for a piece of Hugging Face, which runs a service that helps companies store and use AI software, similar to the way GitHub lets developers store software code. The new funding valued the startup at more than 100 times its annualized revenue, a measure of how much revenue the company would generate over the next 12 months at its current rate, one of the people said.

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The report further says 40 percent of workers will need to polish their skills due to the implementation of AI.

Artificial intelligence (AI) won’t replace employees anytime soon. But people who use AI will replace people who don’t, said tech giant IBM in its report, which talks about the implications of AI in businesses.

Companies are rapidly introducing AI into their workings to free up their employees’ time so they can focus on issues that require their personalized attention. The thing about AI is that it will do exactly what you train it to do. So, the hyperboles around the latest technology snatching away people’s jobs and taking over humanity can calm down.

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We Find, Test and Curate the Best AI Tools Available to Humankind.

https://www.deeplearning.ai/the-batch/issue-209/
https://arxiv.org/abs/2210.

Minecraft AI — SELF-IMPROVING 🤯 autonomous agent:

25 ChatGPTs play a videogame…
https://youtu.be/GwsRu9yLXnw.

GPT-4 leaked! 🔥 All details exposed 🔥 It is over…

Continue reading “Proof that AI Understands? 👀 Andrew Ng on LLMs building mental models, Othello GPT, Geoffrey Hinton” | >

She uses Chat GPT to write computer code but says the applications are endless. “You need to cut what is not working in your company, go to the edges and start playing with this (AI) and see where it’s going to go. Because they’re predicting you either get on the AI train or you will be out of business in 10 years.”

RELATED: Ohio researchers predict the most critical job skills as AI gains traction

CEO of the KR Digital Agency Kendra Ramirez says businesses can use AI to do work they don’t want to. “HR: who likes writing job descriptions? Anyone? No, no one. Performance reviews: One gentleman, his team, he had 50 people he had to do quarterly performance reviews.”

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Bond, a new startup in New York City, has created robots that can learn your handwriting and convert digital notes into personalized letters.
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Note-writing robots pen letters in your handwriting | NBC news.

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Have we found the smoking-gun evidence for modified gravity? Were Einstein and Newton both wrong about gravity?

#gravity #breakthrough #physics.

Sources:
https://bigthink.com/starts-with-a-bang/binary-stars-prove-modified-gravity/
https://phys.org/news/2023-08-smoking-gun-evidence-gravity-gaia-wide.html.

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Continue reading “Have Physicists Proved Gravity is Breaking Down” | >

One way to put dentists out of the drilling and filling business is to find a way to re-establish and stimulate something our bodies do when our teeth first form. Stem cell researchers at the University of Washington in Seattle may have figured out a potential treatment to repair damaged teeth and regenerate those we lose.

Hai Zhang, a professor of restorative dentistry at the University, along with several colleagues has found a way to generate ameloblasts. What are they? Ameloblasts are one of two cells that exist in human embryos responsible for the formation of our teeth. The other cells are called odontoblasts—the former secrete enamel, the latter dentin.

The process of tooth development is called odontogenesis. The two cells mentioned above are critical to tooth formation. Enamel keeps our teeth surfaces hard and strong throughout our lifetimes. Mineralization of teeth begins early in embryonic development. Dentin precedes enamel production, both critical to giving us a healthy set of choppers.

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(Reuters) – Microsoft is planning to start selling a new version of Databricks software that helps customers make AI apps for their businesses, The Information reported on Thursday, citing people with direct knowledge of the plan.

Databricks – a data analytics platform that uses artificial intelligence, which Microsoft would sell through its Azure cloud-server unit – helps companies make AI models from scratch or repurpose open-source models as an alternative to licensing OpenAI’s proprietary ones, the report added.

Microsoft and Databricks did not immediately respond to a Reuters request for comment.

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Presented by iMerit.

In AI development, success or failure lies significantly in a data science team’s ability to handle edge cases, or those rare occurrences in how an ML model reacts to data that cause inconsistencies and interrupt the usability of an AI tool. This is especially crucial now as generative AI, now newly-democratized, takes center stage. Along with increased awareness comes new AI strategy demands from business leaders who now see it as both a competitive advantage and as a game changer.

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Artificial intelligence (AI) is no longer the future; it’s the everyday. We’ve become so accustomed to tapping into it for day-to-day tasks like searching the internet or choosing a movie to watch we barely even register that we’re using it.

Now, the advent of generative tools like OpenAI’s ChatGPT and Google’s Bard means that the power and transformative potential of AI is in the hands of every business, big or small.

Every day I work with businesses that are finding exciting new ways to put this technology to work. This can involve creating exciting new services, driving improved efficiency, or even disrupting entire industries.

Unveiling the pivotal role of a Chief AI Officer, this article delves into why businesses, regardless of size or industry, must embed AI in their core strategy.

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