Daily AI News Roundup: 10 AI Events that Caught our Eyes

Now be updated with the latest in AI with AiThority’s daily news roundup. Let’s dive into the world of tech and innovation as we bring you the most viral stories buzzing across the digital arena. From breakthroughs in AI and ML to advancements in tech domain, our choices keep you informed and updated. Whether it’s a glimpse into the future of AI or a spotlight on groundbreaking research, our daily AI news roundup ensures you’re always ahead of the curve.

Come, join us as we explore the frontiers of technology, one headline at a time.

10 Viral News: Daily AI News Roundup

1. Salesforce Unveils AI-Powered, Data-Driven CRM at Gitex Africa 2024

2. Japan’s AIST Successfully Demonstrates Superconducting Circuit for Quantum Computer Systems

3. FarmTech Company GrubMarket Releases “AI Orders” for the Food Supply Chain Market

4. AI Video Editing SaaS Provider Magnifi by VideoVerse Set for Display at NACDA 2024
5. TaskUs and Mavenoid Join Hands To Enable AI-Powered Product Support
6. Fujitsu Develops World’s First Enterprise-Wide Generative AI Framework Technology
7. Hitachi and Microsoft Sign New Agreement to Power Social Innovation with GenAI
8. Amsterdam-based HR technology Startup Carv Raises $10M
9. Raken Launches AI-Powered Field Management Solution
10. Fractal Partners with QiCAP.Ai to Foster Growth Opportunities for Theremin.ai

Salesforce Unveils AI-Powered, Data-Driven CRM at Gitex Africa 2024

• Discover how the innovative AI CRM solutions unlock a 360-degree view of the customer, enabling businesses to personalize interactions and build lasting loyalty.
• Explore the cutting-edge Data Cloud platform, designed to connect, harmonize and activate your company’s customer data in real-time.
• Witness the power of AI in action, streaming workflows and predicting customer needs for a truly future-proofed customer experience.
• Engage with a team of experts and participate in insightful panel discussions on “Trusted AI & Ethics in Africa”. This session will explore the critical issues surrounding AI development and deployment, focusing on ethical considerations and the importance of preventing information manipulation.

Japan’s AIST Successfully Demonstrates Superconducting Circuit for Quantum Computer Systems

To realize a practical quantum computer, it is necessary to control the state of a huge number of qubits (as many as one million) operating at low temperature. In conventional quantum computers, microwave signals for controlling qubits are generated at room temperature and are individually transmitted to qubits at low temperature via different cables. This results in numerous cables between room and low temperature and limits the number of controllable qubits to approximately 1,000.In this study, a superconducting circuit that can control multiple qubits via a single cable using microwave multiplexing was successfully demonstrated in proof-of-concept experiments at 4.2 K in liquid helium. This circuit has the potential of increasing the density of microwave signals per cable by approximately 1,000 times, thereby increasing the number of controllable qubits significantly and contributing to the development of large-scale quantum computers. The above results will be published in “npj Quantum Information” on June 3 at 10 a.m. London time.

FarmTech Company GrubMarket Releases “AI Orders” for the Food Supply Chain Market

CA-based AI technology company GrubMarket announced the launch of AI Orders, an AI-powered, automated order processing module designed to transform how food wholesalers and distributors receive incoming orders from their customers. AI Orders will be offered as part of GrubAssist, GrubMarket’s groundbreaking suite of enterprise AI assistants that empower food supply chain businesses with deep insights, intelligent analysis, and smart, automated workflows.

AI Video Editing SaaS Provider Magnifi by VideoVerse Set for Display at NACDA 2024

Magnifi by VideoVerse, an AI-driven video technology company and powerful video-editing SaaS platform is excited to announce its participation in the upcoming NACDA Convention, the largest gathering of collegiate administrators in the country. Magnifi will be located at Booth no. 538 from June 10-12, at the Mandalay Bay Resort and C*****, Las Vegas.

TaskUs and Mavenoid Join Hands To Enable AI-Powered Product Support

TaskUs and AI-powered product support platform Mavenoid announced their strategic partnership to combine expertise in AI and personalized product support. This partnership is aimed at optimizing the next-generation of personalized self-help product support solutions. Currently, TaskUs is known as a leading provider of outsourced digital services and next-generation customer experience to the world’s most innovative companies, helping its clients represent, protect, and grow their brands.

Fujitsu Develops World’s First Enterprise-Wide Generative AI Framework Technology

Fujitsu Limited announced a cutting-edge Generative AI Framework Technology to promote the use of GenAI in enterprises. The company has developed a generative AI framework for enterprises that will flexibly respond to the diverse and changing needs of companies, and allow for the easy compliance with the vast amount of data and laws and regulations that companies possess. Fujitsu will make available a generative AI framework for enterprises globally as part of the Fujitsu Kozuchi lineup starting July 2024.

Hitachi and Microsoft Sign New Agreement to Power Social Innovation with GenAI

Specifically, Hitachi will embed the Microsoft cloud, Azure Open AI Service, Dynamics 365, Copilot for Microsoft 365, and GitHub Copilot into Lumada solutions to provide innovative solutions for the energy, mobility and other industries to deliver better outcomes for businesses and society. In addition, the two companies will promote joint projects to address pressing business needs such as bolstering cloud services, enhancing security, and mitigating the environmental footprint of data centers, which have become an increasing area of focus with the growing use of generative AI.

Amsterdam-based HR technology Startup Carv Raises $10M

HR Technology startup for recruitment process Carv announced it secured $10 million in seed funding, following the launch of its recruitment platform in March and the significant traction the company has experienced since. Among the investors are Global Founders Capital (GFC) and several independent angel investors who previously backed companies like Slack, Miro and Revolut. With the funding, Carv aims to accelerate its growth and expand the capabilities of its platform into different domains of the recruitment life cycle.

Raken Launches AI-Powered Field Management Solution

Raken, the top-rated web and mobile app for contractors, launches the first in a series of construction AI-powered solutions for field management. AI Photo ID uses powerful facial matching technology to prevent time theft and save Raken’s customers thousands of dollars. The California-based software developer began working on proprietary artificial intelligence enhancements in 2023. AI Photo ID is the first of several AI capabilities planned for release this year.

Fractal Partners with QiCAP.Ai to Foster Growth Opportunities for Theremin.ai

Fractal a global provider of artificial intelligence and advanced analytics solutions to Fortune 500® companies, today announced its strategic decision to divest Theremin.ai, its venture in deep reinforcement learning based investment strategies to QiCAP.Ai, a leading quantitative investment and trading group in Indian markets. This decision is a part of Fractal’s ‘ideas2business’ and ‘Alpha philosophy’, which enables Fractal to accrue growth capital for reinvestment into new ideas. The move will help QiCAP.Ai in the development of GenAI LLM technologies to develop stock prediction and sentiment analysis capabilities for Theramin.ai and to enable building of multiple strategies off a single platform.

That’s all for today!!