5 AI developments you might have overlooked today: Mphasis introduces DeepInsights Doc AI, OpenAI invests in humanoid robots, and more.
Mphasis introduces DeepInsights Doc AI for enhanced document processing; Figure AI teams up with OpenAI to enhance humanoid robots using advanced AI models; Author Calum Chace expresses positivity about AI’s influence on employment; Meta CEO Zuckerberg discusses potential AI chip collaboration with Samsung during Asia tour – all this and more in our daily news roundup. Read on for further details.
1. Mphasis launches DeepInsights Doc AI for advanced document processing
Shares of Mphasis Ltd rose 0.31% after it unveiled DeepInsights Doc AI, a document processing tool that uses generative artificial intelligence to extract contextual data from a variety of documents. Integrated with IT systems, the platform uses large language models that meet business needs, including information extraction, context-aware search, and adaptive content generation. According to a report by The Hindu Businessline, Mphasis also announced a partnership with Kore.ai and the creation of a business unit focused on customized AI solutions.
2. OpenAI partners with Figure AI to power humanoid robots with advanced AI models
OpenAI, led by Sam Altman, is collaborating with Figure AI to develop humanoid robots using next-generation AI models. The goal of the collaboration, which focuses on improving the robots’ language processing and reasoning abilities, is to speed up Figure’s commercial timeline. OpenAI, which recently received $675 million in Series B funding, sees humanoid robots changing the future of work, matching their investment in robotics startup 1X Technologies last year, according to a Business Insider report.
3. Author Calum Chace is optimistic about the impact of artificial intelligence on jobs
Calum Chace, author and host of the London Futurist podcast, stated at the Beneficial AGI Summit that AI could replace jobs on a large scale, challenging the misconception that it is inherently negative. Comparing it to past industrial revolutions, he sees a positive future where people are freed from mundane tasks. Chace foresees the impact of artificial intelligence on “cognitive jobs”, which corresponds to historical shifts from manual work to mental work, the Financial Express reports.
4. Meta’s CEO Zuckerberg explores artificial intelligence chip collaboration with Samsung on a tour of Asia
During his Asian tour, Mark Zuckerberg, CEO of Meta, expressed his interest in strengthening cooperation with Samsung Electronics regarding artificial intelligence chips. The move aims to mitigate geopolitical risks associated with Taiwan, home to major chip maker TSMC. Zuckerberg discussed potential partnerships with Samsung executives, including Chairman Jay Y. Lee. AI processors are Meta’s future strategic focus in social media and hardware, as they play a critical role in driving technology efficiency, Techcrunch reports.
5. Huawei presents three revolutionary data storage solutions for the era of artificial intelligence
At the Huawei Product and Solution Launch 2024 event at MWC Barcelona, Dr. Peter Zhou presented three groundbreaking data storage solutions. These include an AI Data Lake solution, a data protection solution for all scenarios, and a DCS full-stack data center solution. The purpose of these innovations is to help global operators build state-of-the-art data infrastructure to meet the challenges posed by the rapid development and growing wealth of data in the era of artificial intelligence, enabling service innovation.
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