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HomeNewsTop AI News of the Day | 24 Feb 2023

Top AI News of the Day | 24 Feb 2023

  1. Qualcomm demonstrates Stable Diffusion on Android phone

To advance its efforts in working with AI, chip manufacturer Qualcomm has displayed the first demonstration of Stable Diffusion on an Android handset. Stable Diffusion was initially implemented on an Android smartphone running Qualcomm’s Snapdragon 8 Gen 2 platform using full-stack AI optimizations by Qualcomm’s AI Research team.

  1. JPMorgan Chase restricts its employees from using AI chatbot ChatGPT

The largest US financial services company, JPMorgan Chase, has prohibited its employees from using the trendy AI chatbot, ChatGPT, created by OpenAI. The bank did not impose restrictions on the usage of the well-known chatbot with artificial intelligence because of a particular incident. The Wall Street Journal cites sources saying that it was unknown how many employees or for what purposes the chatbot was used.

  1. Airtel, Nvidia partner to deploy AI-powered speech analytics solutions for customer services

The world’s largest telecom company, Bharti Airtel, has teamed with Nvidia to develop and implement an AI-based solution that would enhance the overall customer experience for all incoming calls to its contact centre. Airtel used the NVIDIANeMo conversational AI toolkit and Nvidia Triton Inference Server, a multi-framework inference serving software supported in the Nvidia AI Enterprise software bundle, to develop the technology that enables automated voice recognition.

  1. Baidu CEO says company’s ChatGPT-like AI chatbot to revolutionize its search engine

Several other IT businesses have declared plans to create their own chatbots in response to ChatGPT’s success. Among them is the Chinese company Baidu, which is creating the app Ernie Bot, which is similar to ChatGPT. According to firm CEO Robin Li, the AI chatbot would offer a “revolutionary” version of the company’s well-known search engine.

  1. Nvidia’s value propels by nearly $220 Billion this year 

According to stock market gains, Nvidia Inc. is the clear victor in this year’s artificial intelligence frenzy. The Santa Clara, California-based company’s shares increased by as much as 13% on Thursday, putting it on track to increase its market value by roughly $65 billion and bringing its gains for the year to around $219 billion.

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Sahil Pawar
Sahil Pawar
I am a graduate with a bachelor's degree in statistics, mathematics, and physics. I have been working as a content writer for almost 3 years and have written for a plethora of domains. Besides, I have a vested interest in fashion and music.


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