AI Disruption: Transformative Changes in Industries by 2024

Todays Highlights:

• AI Integration in Australian Courts: Enhancing Efficiency and Mitigating Bias in Bail Decisions

• Microsoft's Covert Release: Copilot App for Android - A ChatGPT Companion with AI-Powered Features

• AI Disruption: Transformative Changes in Industries by 2024

• AI Funding

• Interesting Posts

• AI Integration in Australian Courts: Enhancing Efficiency and Mitigating Bias in Bail Decisions

Australian courts in New South Wales are exploring the integration of AI to enhance efficiency by aiding in bail decisions and mitigating unconscious bias. Judges emphasize a meticulous review process for any potential use of new technologies in the courtroom.

• Microsoft's Covert Release: Copilot App for Android - A ChatGPT Companion with AI-Powered Features

Microsoft discreetly launched the Copilot app for Android, available on the Google Play Store without the need for the Bing mobile app. Active for almost a week, the app closely resembles ChatGPT, offering chatbot capabilities, image generation with DALL-E 3, and text drafting for emails and documents. It also provides complimentary access to OpenAI's latest GPT-4 model, a feature requiring payment on ChatGPT. An iOS version is still in development.

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• AI Disruption: Transformative Changes in Industries by 2024

A prognostication from the expert Aidan Meller anticipates substantial disruptions across various industries within the coming four years due to AI. The emergence of new AI chatbots and the expanding Metaverse is poised to bring significant transformations to both life and work by 2024.

The ability of AI to schedule appointments and engage in verbal interactions with individuals will greatly enhance its utility for businesses.

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AI Funding

• Inverted AI, a leading generative AI firm specializing in AV/ADAS development, is excited to announce the successful acquisition of over $4 million USD in early-stage institutional financing. This funding round, spearheaded by Yaletown Partners, boasts participation from esteemed strategic investors including Blue Titan Ventures, Dasein Capital, Inovia Capital, Defined, and WUTIF. Inverted AI focuses on harnessing generative AI to replicate human behavior, striving to create AI agents that exhibit human-like responses. The company is renowned for delivering cutting-edge predictive models for human behavior, developed through extensive analysis of vast video datasets.

• In a historic milestone for the Pakistani startup scene, the health-tech startup Sehat Kahani has marked itself as the first company led entirely by women from the South Asian nation to secure $2.7 million in Series A funding. Sehat Kahani stands among numerous social enterprises dedicated to creating a positive impact on the world, addressing healthcare disparities in developing countries. This mission has gained heightened significance in light of the urgent challenges posed by the COVID-19 crisis.