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Recently, a business research company released its 2024 Generative AI Market Report, showing that the market has rapidly expanded in recent years. According to the report, the generative AI market is expected to grow from $13.64 billion in 2023 to $18.1 billion in 2024, with a compound annual growth rate (CAGR) of 32.7%. This growth is mainly attributed to increased computing power, widespread availability of data, continuous R&D advancements, increased industry applications, and breakthroughs in deep learning. Image Source Note: The image was generated by AI, image usage authorized.

According to a study by IDC, 92% of enterprises are actively leveraging AI technologies to enhance productivity, customer engagement, revenue growth, cost management, and product innovation across multiple key areas. This study was commissioned by Microsoft and titled 'The Business Opportunities of AI'. The report shows that as enterprises invest in AI, their return on investment (ROI) significantly improves. The research indicates that the adoption of generative AI is rapidly expanding, expected to rise from 55% in 2023 to 75% in 2024. Currently, businesses are...

A new study shows that since the release of ChatGPT, generative AI has significantly affected the freelance market, especially in roles that are easily automated. The study, reported by the Harvard Business Review, analyzed 1.4 million job listings posted on a major freelance platform from July 2021 to July 2023. The research found that compared to labor-intensive jobs, the demand for 'automation-prone' positions decreased by an average of 21% after the launch of ChatGPT.

In the field of generative AI, Apple's efforts seem to be primarily focused on mobile devices, especially the latest iOS 18 system. However, the new Apple M4 chip demonstrates powerful performance in the recently released Mac Mini and MacBook Pro, enabling effective local operation of the most powerful open-source large language models (LLMs) available today, such as Meta's Llama-3.1405B, Nvidia's Nemotron70B, and Qwen.

MinIO is a popular open-source S3 compatible object storage system that is widely used for various data storage needs due to its excellent performance and ease of use. However, with the rapid rise of generative AI, MinIO has recognized the opportunity to introduce an AI-centric object storage solution. Therefore, today MinIO officially launched AIStore. AB Periasamy, the founder and CEO of MinIO, has been cautious about adding new features.

With the explosion of generative AI technology innovation, search engines are undergoing a revolution. Recently, the Ministry of Industry and Information Technology's China Institute of Electronics Technology released the 'AI Search Industry Development Report' (hereinafter referred to as 'the Report'), which outlines five major development trends in the AI search industry. Among them, simplified product design, one-stop services, and multi-end integration capabilities are experiencing rapid growth. Search scenarios are tending towards verticalization and specialization, and PC products with system-level AI capabilities are expected to become entry-level applications, with new forces in AI search like Quark reshaping the search industry ecosystem. The Report centers around core competitiveness.

InsurStaq.ai, a startup focused on developing generative AI applications for the insurance industry, was founded by Mayan Kansal in 2022. The company successfully launched a large language model designed specifically for the insurance industry, InsurGPT, and received investment from Faad Network. However, after a year of operation, Mayan announced that he had to shut down the company. InsurStaq.ai excelled in the insurance sector, achieving enterprise-level compliance.

In the 1923 play 'The Adding Machine', an office worker faces an existential crisis as he is replaced by a machine. Now, the Seattle theatre company 'The Feast' is attempting to integrate generative AI into drama creation with 'The Adding Machine: A Cyber-Ethics Play', where AI will partake in scene and costume design, interacting with chatbots like ChatGPT and Claude to generate real-time text or voice responses. Actors are required to interact with AI for improvisational performances. Artistic Director Ryan Guzzo Purcell is cautiously optimistic, concerned about the potential implications of AI technology.

Singapore has recently introduced a new bill aimed at banning the use of deepfake technology during elections to ensure the authenticity of information and the fairness of the electoral process. With the advancement of generative AI technology, the risk of deepfake content has increased. The bill seeks to regulate the production of false content created by both AI and non-AI technologies, including videos, audio, and images. The core provisions prohibit the publication of online ads that falsely depict candidates' words and actions during election periods, with violators facing fines or imprisonment. The bill also allows for issuing correction orders to individuals and social media platforms that publish false content.

Apache Cassandra 5.0 has officially been released, significantly enhancing data management efficiency and introducing AI features and performance optimizations. Key updates include the new Storage-Attached Index (SAI) functionality, allowing for more flexible and efficient non-primary key queries, simplifying the use of secondary indexes, and reducing system load. This version also introduces vector search and vector data types, supporting AI and machine learning projects, enhancing the performance of applications such as recommendations, fraud detection, and image recognition. The unification of compression strategies and the introduction of new data structures further improve data processing.

The Baidu Marketing Platform Light Ship has recently undergone a full upgrade, incorporating generative AI technology aimed at bringing innovation and efficiency improvement to the entire marketing chain. The upgraded Light Ship platform operation time has been shortened to the minute level, with AI MAX showing an average conversion rate increase of 7.2%, significantly enhancing marketing efficiency and effectiveness.

Artificial Intelligence (AI) is increasingly integrated into our lives and work, providing convenience while also posing risks. Gartner analyst Mesaglio points out that companies may encounter cost discrepancies of up to 500% to 1000% when applying AI, primarily due to rising vendor prices and companies' neglect of cloud resource usage. While AI processes unstructured data to obtain more information, the costs are high. Additionally, AI applications may lead to 'productivity leakage', where employees may use saved time for leisure rather than work.

At a recent Gartner IT symposium, analysts predicted that by 2027, 40% of generative artificial intelligence (GenAI) solutions will achieve multimodal integration, significantly up from 1% in 2023. The integration of multimodal GenAI can capture relationships between different data streams and expand benefits across various data and applications, supporting human multitasking in different environments. Gartner's report indicates that multimodal GenAI and open-source large language models will have a profound impact, benefiting enterprises in the next five years.

Dell Technologies and Red Hat have partnered to integrate Red Hat Enterprise Linux AI (RHEL AI) into PowerEdge servers, aiming to simplify the development, testing, and deployment of AI models for enterprises, particularly in hybrid cloud environments. This collaboration focuses on the resources required for AI implementation, such as powerful servers, computing capabilities, and GPUs, while providing a flexible platform. It is expected that in the third quarter, optimized AI hardware solutions combined with Dell PowerEdge servers and RH...

YouTube is developing new tools to help creators manage and protect their voices and images, especially in the context of generative AI. The new tools include 'Synthetic Singing Recognition Technology' aimed at automatically detecting content that uses generative AI to mimic creators' singing voices. This technology will be integrated into YouTube's copyright identification system, with pilot testing planned for next year. Additionally, YouTube is also developing another technology to recognize deepfake videos to protect creators' images. In order to prevent unauthorized YouTube...

Microsoft collaborates with the anti-revenge pornography organization StopNCII to provide victims with tools to erase deepfake pornographic images from search engines. By creating a digital fingerprint (hash value) of the images on the device, it helps to completely remove related synthetic nude images from platforms like Bing. This initiative aims to address the issue of deepfake pornography caused by the misuse of generative AI technology, tackling the challenges that cannot be effectively managed solely through user reports. However, Google has not yet partnered with StopNCII, and there is a lack of specific federal laws addressing such behavior in the United States.

Neo4j has introduced a significant upgrade to its fully managed cloud graph database service AuraDB, greatly enhancing usability and data processing efficiency, achieving a 15-fold improvement in data reading capability. The upgraded version introduces a generative AI assistant that uses OpenAI’s large language model to provide real-time query optimization, explanations, and suggestions, helping users quickly extract data insights by generating Cypher query code with just natural language questions. Additionally, the new NeoDash tool allows users to operate without coding.

Amazon has launched an AI shopping assistant named Rufus in the UK, utilizing generative AI technology to address shopping needs, product comparison questions, and recommend products, thereby simplifying the shopping process. Rufus can provide product information, comparisons, and detail inquiries based on user requirements, covering a wide range of product research, specific product category exploration, and items needed for specific occasions. Users can access it by updating the Amazon app and clicking the Rufus icon, which is currently being tested for select users and is expected to be gradually promoted in the future.

Meta Platforms has begun to provide detailed explanations to Brazilian users about how their personal data will be used for training generative artificial intelligence (AI) in compliance with the requirements of the Brazilian National Data Protection Authority (ANPD). The company offers users the option to decide whether to allow the use of their data. Starting this Tuesday, users will receive related information via email and social media notifications. The ANPD had previously suspended Meta's new privacy policy due to concerns about the use of data for AI training, but the policy was reinstated after Meta agreed to provide transparency.

The generative AI market is developing rapidly, with projections estimating it will reach $40 billion by 2024 and soar to $1.5 trillion by 2030, achieving an impressive annual growth rate of 83%. Its applications are vast, spanning text, images, and music. As AI technology shifts towards edge computing, the share of AI-related software and services is expected to significantly increase over the next five years, projected to account for 32% and 55% of the market by 2030, becoming a crucial driver of market expansion.