AI Digest : 29th Oct

Top 10 Artificial Intelligence News

1. Meta collaborates with Reuters to bring real-time news to AI chatbot
   Meta's AI chatbot will now provide real-time answers to user inquiries about current news using Reuters content. This partnership aims to enhance the chatbot's capabilities across Facebook, WhatsApp, and Instagram platforms.

2. Apple Intelligence AI rollout starts today with release of iOS 18.1
   Apple has officially released its first Apple Intelligence features through iOS 18.1. The update includes improvements to Siri, new writing and summary tools, and enhanced photo-editing capabilities.

3. Tech wrap Oct 29: Apple Intelligence, iMac M4, iOS 18.1, Google Gmail, more
   Apple begins rolling out Apple Intelligence features on iPhone, iPad, and Mac. The 24-inch iMac is refreshed with the M4 chip, and Google expands AI-powered features in Gmail.

4. Today's Cache | Apple Intelligence comes to iPhone; Meta working on AI search engine
   Apple injects AI into iPhone 16 lineup with iOS 18 update. Meta is developing an AI-based search engine to reduce dependence on Google and Microsoft's Bing.

5. Google parent Alphabet sees double-digit growth as AI bets boost cloud business
   Alphabet reports 15% year-on-year revenue growth, surpassing analysts' expectations. The company's focus on AI innovation is yielding benefits for consumers and partners.

6. Artificial Intelligence in Genomics Market to Reach USD 19,018.4 Million by 2032
   The AI in Genomics market is expected to grow significantly, driven by technological advancements and increased demand for precision medicine. The market value is projected to reach USD 19,018.4 Million by 2032.

7. Kendall: In US-China 'Race for Technological Superiority,' AI May Be the Key
   Air Force Secretary Frank Kendall emphasizes the importance of AI in the technological competition between the U.S. and China. He highlights AI applications in pattern recognition, automation, and decision-making.

8. Markets News, October 29, 2024: Nasdaq Surges to Record Close Ahead of Big-Tech Earnings
   The Nasdaq Composite rose to a new record high as investors prepared for earnings reports from major technology companies, including those heavily invested in AI.

9. October 2024: Top five fintech funding rounds of the month
   Several fintech companies, including those leveraging AI technologies, have secured significant funding this month. Notable rounds include Zepz, Interface.ai, and Finix.

10. Code and Rules of Evidence Committee proposes statutory definition for generative AI
    The Florida Bar's Code and Rules of Evidence Committee has proposed a statutory definition for generative AI, addressing the need for legal clarity in the use of AI-generated evidence.