Daily AI News Digest - Sep 25, 2024

Hitachi Rail uses NVIDIA's tech for Real-time Maintenance to improve Reliability

Hitachi Rail is integrating NVIDIA technology to enhance railway operations, aiming to reduce maintenance costs and improve transit reliability. This collaboration showcases the potential of AI to revolutionize transportation infrastructure. For more information, check out Benzinga.

The Allen Institute releases Molmo

The Allen Institute for AI has released the Multimodal Open Language Model (Molmo), an open-source visual AI model that can interpret images and converse through a chat interface. This development paves the way for AI agents to perform useful tasks on computers, potentially transforming how we interact with technology. Discover more in this article from Wired.

Google releases more AI innovations with Gemini and Google Workspace

Google Cloud is expanding its AI capabilities with new generative AI models targeted at customer engagement. The Gemini models, integrated within Google Workspace, are designed to enhance customer interactions and streamline workflows. This move underscores Google's commitment to leading in AI innovation. Read more from SiliconANGLE.

Backbase introduces Intelligence Fabric to improve Customer Service and Sales

Backbase has introduced the Intelligence Fabric layer to its Engagement Banking Platform, leveraging AI to enhance productivity in customer servicing and sales operations. This development highlights the growing role of AI in transforming the banking sector, driving efficiency and innovation. For further insights, visit Benzinga.

AI Agents in Blockchain

Autonomous AI agents are making inroads into blockchain. These self-governing entities operate independently on blockchain networks, performing tasks and making decisions without human intervention. This evolution is not theoretical; it's happening now and promises to revolutionize digital interactions and transactions. For a deeper understanding, check out this insightful piece from Rolling Stone.

Generative AI as the New Operating System

Generative AI is evolving into a new foundational layer, similar to traditional operating systems like Windows and Linux. As noted by Forbes, this shift is redefining how organizations operate, offering new ways to interact with technology and streamline processes.

AI in Customer Service

AI agents are becoming indispensable in customer service, delivering significant value by automating interactions and improving efficiency. Companies like Intercom are leading the charge, integrating AI to enhance customer experiences. Brian Donahue, Intercom's VP of Product, shares his insights on this trend in a discussion with HBR.

Disclaimer: This newsletter is not investment advice even if it may contain financial results and/or opinions from individuals or publishers on investment decisions.