Recently, the corporate legal industry has witnessed an exciting transformation. The Association of Corporate Counsel (ACC) and Everlaw have jointly released a new report on the impact of Generative AI (GenAI) on the corporate legal industry. The report, titled 'Gen AI and the Future of Corporate Legal Work: Is Your In-House Team Ready?', reveals the rapid application of Generative AI in legal work and its profound effects on the legal profession. Image credit: Image generated by AI, image licensed from Midjourney.

Recently, China National Offshore Oil Corporation (CNOOC) announced the launch of the 'Haineng' AI model. The goal of this model is to drive the digital transformation of the oil and gas industry through intelligent technology, covering eight major business scenarios such as smart oil fields, smart engineering, and smart factories, aiming for comprehensive intelligence in production and management. Image source note: The image is generated by AI, provided by the image licensing service provider Midjourney.

OpenAI has recently implemented a significant update to ChatGPT, transforming not only the user interface but also introducing a revolutionary search functionality. This update marks a shift for ChatGPT from a simple conversational assistant to a comprehensive information platform. The interface update is primarily reflected in two aspects: first, the new Canvas feature automatically opens a new interface on the right side, making it easier for users to handle long documents; second, the prompt box has been relocated to the center of the screen, aligning the overall layout more closely with search engines like Google and Perplexity AI.

As the wave of artificial intelligence sweeps through the global technology industry, a veteran is preparing to take the stage again. IBM recently released a 28-page report titled 'Mainframes as the Backbone of Digital Transformation,' aiming to prove that this 60-year-old computing platform is still essential in the AI era. The report, authored by IBM's Institute for Business Value, not only showcases the current state of mainframes but also outlines their crucial role in AI-driven digital transformation. The report indicates that 79% of IT executives believe that mainframes are vital for achieving AI-driven innovation.

Global consulting firm Accenture has recently become the center of attention in the market, with its stock price experiencing a strong surge on Thursday, nearly reaching a six-month high. Company management happily announced that performance has exceeded market expectations while successfully positioning itself as a key player in the wave of generative artificial intelligence (AI). Accenture's CEO, Julie Sweet, confidently stated during the earnings call that the company is accelerating its efforts to solidify its leading position in the generative AI sector. This statement received a positive market response, leading to an increase in the company's stock price.

In today's rapidly advancing world of artificial intelligence, a global transformation in the workplace is quietly unfolding. Recently, Jim Cavanaugh, CEO of global tech service giant WWT, issued a wake-up call to business leaders during an interview with CNBC: do not 'deceive' employees in the wave of AI. Cavanaugh candidly pointed out that employees are not fools; they are well aware that AI will have a significant impact on the way work is done. He emphasized that business leaders cannot turn a blind eye to reality, nor should they tell employees that 'it's fine, nothing will change.'

The once-celebrated autonomous truck startup TuSimple is undergoing a remarkable transformation, a shift that has left some shareholders perplexed and angry, and could potentially embroil the company in legal disputes again. The company is attempting to transfer approximately $450 million to China to support a new AI animation and video game company, sparking a fierce competition. TuSimple's transformation is astonishing. Founded in 2015 by Mo Chen and Xiaodi Hou, the company was once a star in the autonomous driving industry, backed by Chinese venture capital.

Lumen Technologies is attempting to improve its financial situation by diversifying its business and restructuring its $20 billion debt through AI-related contracts. CFO Chris Stansbury acknowledges severe debt structure issues and has negotiated with creditors to obtain new credit lines and defer billions in maturing debt. The company focuses on AI connectivity services, recently securing a $5 billion contract with an additional $7 billion in po....

Dell Technologies accelerates AI skills training in India by launching a Generative AI foundation course and professional certification aimed at helping professionals master AI and machine learning knowledge to drive enterprise transformation. The first 250 registrants for the technology forum will receive Dell certification. The course covers AI governance and security, and collaborates with multiple organizations to apply AI in sectors such as healthcare and transportation. An end-to-end AI solution has been launched in partnership with NVIDIA, projected to unlock an economic impact of $4.4 trillion.

On August 12, the e-commerce platform 1688 announced the launch of a new initiative called 'Efficiency Improvement and Revenue Increase', designed specifically for source manufacturers in industrial belts to aid in their business growth and efficiency enhancement. As part of this initiative, 1688 will offer merchants a free 'AI Business Assistant' service to help new merchants ensure a stable order volume, number of customers, and reasonable profit margins.

The ruling in the antitrust lawsuit against Google has had a profound impact on tech giants, especially Apple. The decision determined that Google's payments to device manufacturers for search services were illegal, leading to a nearly 5% drop in Apple’s stock price, highlighting the rapid pace of development and the trend of self-reorganization in the tech industry. Apple is actively working to reduce its reliance on traditional search by improving Siri, integrating AI chatbots, and betting that AI technology will eventually replace conventional search. Apple's cooperation with OpenAI and its plans to collaborate with Google’s AI chatbot, Gemi, are key to this strategy.

PepsiCo's Chief Operating Officer Greg Lyon recently stated that the changes the company has experienced in the past three years are greater than in the previous 31 years he has worked there. This shift is largely driven by a significant change in consumer shopping habits, particularly after the pandemic, with people increasingly leaning towards online purchases of food and beverages.

A French startup named Presti is revolutionizing product photography in the furniture industry by leveraging generative artificial intelligence (GenAI). Traditionally, furniture brands have incurred substantial costs for photo shoots when launching new collections, a process that is not only cumbersome but also expensive. Presti aims to address this issue by transforming single product images into realistic lifestyle photos.Image source: The image is AI-generated, provided by the image licensing

CNN has announced the layoff of 100 employees, accounting for 3% of its total workforce. CEO Mark Thompson views this decision as part of the company's modernization and transition towards video content. In an internal memo, Thompson emphasizes that the future strategy includes accelerating the shift towards video content, and plans for strategic advancement in the field of artificial intelligence to better serve viewers and achieve news objectives.Although Thompson did not delve into specific a

Microsoft (MSFT) has once again become a focal point for investors due to its deep integration of artificial intelligence technology. Under the strategic leadership of CEO Satya Nadella, the company's Azure cloud platform has increasingly become a key engine driving its AI development. The latest financial report shows that Microsoft's revenue reached $61.86 billion in the third quarter, exceeding analyst expectations, with its cloud business particularly shining, generating $35 billion in reven

Recently, Sun Yat-sen University and the BytePlus Digital Human Team made a big splash by proposing a virtual try-on framework called MMTryon. This isn't just any technology; with just a few images of clothes and a few instructions on how to wear them, you can generate a model wearing the clothes with a single click, and the quality is exceptionally high.Imagine selecting a coat, a pair of pants, and a bag, and then "wham!" they automatically appear on the human figure. Whether you're a real per

Lei Jun proposed strengthening the cultivation of artificial intelligence talent to meet the demands of technological transformation. He suggested promoting AI literacy education from the compulsory education stage. He advocated for the development of AI-related majors in higher education to cultivate more talent. Moreover, he emphasized the need to standardize the safe application of intelligent driving products to ensure user safety.

The State Post Bureau held a meeting emphasizing the promotion of the widespread application of artificial intelligence in the industry. It aims to accelerate major engineering projects and infrastructure construction, promote carbon neutrality and green governance. A comprehensive investigation and rectification of safety hazards in the industry will be carried out, and the pace of digital transformation will be accelerated. Active efforts will be made to promote the application of artificial intelligence in the postal and express delivery sector to reduce logistics costs in society.

Nvidia's market value surged by $277 billion in a single day, setting a record for the largest increase worldwide. Cramer believes Jensen Huang is more visionary than Elon Musk, leading the industrial revolution. Nvidia's successful transformation has made its data center business the main source of revenue. In the fourth quarter of fiscal year 2014, Nvidia's revenue grew by 265% year-over-year, and net profit increased by 769%.