Alibaba Unveils AI Models, Microsoft President Cautions on AI: 5 Developments You Might Have Missed

In the latest AI news, Microsoft President Brad Smith cautioned about the potential risks of fast-paced AI development, drawing parallels to the early days of social media. Conversely, IBM CEO Arvind Krishna expressed optimism, stating that AI has the potential to enhance productivity and reduce business expenses.

All this and more in our AI review today.

1. Alibaba launches two AI models

With the growing demands of artificial intelligence, Alibaba launched two artificial intelligence models on Friday. According to a CNBC report, the two models, called Qwen-VL and Qwen-VL-Chat, are open source so developers around the world can take advantage of them. The Qwen-VL-Chat bot is capable of more complex conversations than its predecessor and can answer numerous questions. It can also create images from image inputs. On the other hand, Qwen-VL can create captions and answer open questions.

2. AI hologram generator ProtoGPT is released on 8 September

Holographic messaging platform Proto announced on Friday that it will launch ProtoGPT on September 8. This program can create conversational AI avatars for businesses. According to the release, ProtoGPT would provide holographic visuals with advanced AI conversational capabilities, and its first creation is ProtoBot, an AI hologram chatbot that ships with every Protohologram unit.

3. Viz.ai commercializes artificial intelligence algorithms for automatic disease detection

Viz.ai, an AI-based disease detection and intelligent care coordination company, announced Friday that it has signed an exclusive agreement with the University of California, San Francisco (UCSF) to commercialize three AI algorithms for automated detection. cardiovascular diseases. According to the publication, the algorithms would help detect cardiac amyloidosis, pulmonary hypertension and supraventricular tachycardia by analyzing EKGs.

4. According to the president of Microsoft, artificial intelligence could repeat the mistakes of the social media era

Amidst the controversy over AI and its regulation, Microsoft President Brad Smith suggested that the rapid development of AI could risk the same mistakes as in the early years of social media. Speaking at a business forum on Friday, Smith said: “We need to be clear-eyed, we need to be excited about the opportunities but thoughtful, maybe even concerned about the downside. And we need to build guardrails from the ground up,” according to an AFP report.

5. Artificial intelligence can lead to more productive jobs, says the CEO of IBM

While one of the biggest dangers of AI has been job losses, IBM Chairman and CEO Arvind Krishna said it could free people up for more productive jobs. Speaking at the B20 Summit India 2023 on Friday, Chandra highlighted that the responsible development of AI could not only increase productivity but also reduce business costs, according to a PTI report.

“Within IBM, we think about 20 percent of the total activity, which we call lower-level cognitive work, of which about 30 percent can be made easily productive with the help of artificial intelligence. This frees up more people to do more value-added work. It’s not that there aren’t jobs. If you have productivity, you can get a lot more customers. You can offer things at a lower price,” Krishna said.