2024 Leading News in #AI and #Tech summarised

2024 Leading News in #AI and #Tech summarised

January 2024:

  • Microsoft Surpasses Apple in Market Valuation: On January 12, Microsoft became the world's most valuable public company, overtaking Apple.
  • Microsoft Expands AI Offerings: On January 15, Microsoft introduced Copilot Pro, an AI assistant tailored for small businesses, enhancing productivity tools with advanced AI capabilities.
  • OpenAI's Partnership with Arizona State University: On January 18, OpenAI announced its first collaboration with an educational institution, providing Arizona State University with complete access to ChatGPT Enterprise, aiming to integrate AI into academic settings.
  • Nvidia's Increased Lobbying Efforts: Nvidia significantly expanded its lobbying presence in Washington, D.C., as lawmakers considered AI regulations.
  • Advancements in AI Research: An AI-based study revealed that fingerprints from different fingers of the same person share detectable similarities, challenging the long-held belief in the uniqueness of fingerprints.

February 2024:

  • OpenAI's Sora Release: On February 15, OpenAI introduced Sora, a text-to-video model capable of generating short video clips from textual prompts, marking a significant advancement in AI-driven content creation.
  • Tech Accord Against AI Misinformation: Leading technology companies announced a "Tech Accord" to combat the deceptive use of AI in the 2024 elections, aiming to prevent the spread of misinformation and ensure the ethical application of AI technologies in political contexts.
  • Moonshot AI's Funding Milestone: Chinese AI startup Moonshot AI secured $1 billion in funding, led by Alibaba Group, elevating its valuation to $2.5 billion, underscoring the growing emphasis on AI development within China's tech industry.
  • Lenovo's AI PCs and Edge Computing Solutions: At the Mobile World Congress (MWC), Lenovo unveiled its latest portfolio of AI-integrated devices and infrastructure solutions, highlighting its commitment to innovative AI applications.
  • Nvidia's Market Valuation Milestone: Nvidia's market capitalization surpassed $2 trillion, reflecting the company's pivotal role in AI hardware and software solutions.

March 2024:

  • Elon Musk Sues OpenAI: Elon Musk filed a lawsuit against OpenAI and its CEO, Sam Altman, alleging violations of the company's original principles and seeking greater transparency in AI development.
  • Neuralink's Brain-Computer Interface Trial: Neuralink announced the commencement of human trials for its brain-computer interface, aiming to enable direct communication between the human brain and computers.
  • Cisco's Acquisition of Splunk: Cisco Systems completed its $28 billion acquisition of Splunk, marking one of the most significant IT industry acquisitions and enhancing its cybersecurity capabilities.

April 2024:

  • SpaceX's Starship Operational Flight: SpaceX's Starship successfully completed its first fully operational flight, delivering a commercial payload and marking a milestone in reusable rocket technology.
  • Global TikTok Data Security Measures: Governments worldwide implemented stricter data security requirements for TikTok, addressing concerns over user data privacy and national security.
  • Microsoft's Investment in G42: Microsoft announced a $1.5 billion investment in Emirati AI firm G42, taking a minority stake to expand its AI footprint in the Middle East.

May 2024:

  • Microsoft Introduces CoPilot for Life: Microsoft introduced CoPilot for Life, an AI-powered personal assistant integrated across devices and apps, aiming to enhance user productivity and daily life management.
  • IBM's Quantum Computing Breakthrough: IBM unveiled the first commercially viable quantum computer, marking a significant advancement in computational capabilities and potential applications across various industries.
  • Microsoft's Investment in Indonesia: Microsoft announced a $1.7 billion investment to develop AI and cloud infrastructure in Indonesia, aiming to enhance digital transformation in the region.

June 2024:

  • Apple's WWDC 2024 Announcements: Apple's Worldwide Developers Conference introduced VisionOS 2.0, enhancing Apple Vision Pro experiences with new features and applications.
  • Nvidia's Market Capitalization Peak: Nvidia briefly became the world's most valuable company, with a market capitalization of $3.34 trillion, reflecting its dominance in AI hardware solutions.
  • Microsoft's Data Center Expansion: Microsoft announced plans to build a 'hyperscale data centre' near Leeds, expanding its cloud infrastructure in the UK.

July 2024:

  • AI-Generated Song Tops Global Charts: An AI-generated song reached the top of global music charts, sparking debates about creativity, copyright, and the role of AI in the arts.
  • Global IT System Outage: A CrowdStrike update triggered an unprecedented global IT system outage, affecting numerous organizations and highlighting vulnerabilities in

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August 2024:

  • OpenAI Develops Watermarking System: OpenAI developed a watermarking system for AI-generated content but decided against releasing it due to concerns about financial impact.
  • Nvidia Delays AI Chip Deliveries: Nvidia announced delays in the delivery of its "Blackwell" B200 AI chips, impacting timelines for AI hardware advancements.
  • Groq Secures Significant Funding: AI chip startup Groq raised $640 million in funding, valuing the company at $2.8 billion, positioning it as a competitor to Nvidia in the AI hardware space.

September 2024:

  • OpenAI Releases o1 Model: OpenAI introduced the o1 model, its first AI model with enhanced reasoning abilities, marking a significant advancement in AI capabilities.
  • OpenAI Leadership Changes: Co-founder Greg Brockman took an extended leave, and CTO Mira Murati announced her departure from the company, indicating notable shifts in OpenAI's leadership team.

October 2024:

  • OpenAI Completes Major Funding Round: OpenAI completed a $6.6 billion funding round, bringing its valuation to $157 billion, underscoring significant investor confidence in AI development.
  • Pentagon's AI Integration: Reports surfaced that the Pentagon purchased OpenAI tools for military operations across Africa, highlighting the increasing role of AI in defense.

November 2024:

  • OpenAI Acquires Chat.com: OpenAI acquired the domain Chat.com, aiming to expand its AI chatbot services and enhance user accessibility.
  • Leadership Returns at OpenAI: Co-founder Greg Brockman returned to OpenAI, reinstating stability in the company's leadership structure.

December 2024:

  • OpenAI Releases Sora Model: OpenAI released Sora, a text-to-video model available for ChatGPT Plus and Pro users, enabling the generation of short video clips from textual prompts.
  • Advancements in AI Reasoning Models: OpenAI announced its latest AI model, o3, focusing on enhanced reasoning capabilities, outperforming previous models in complex tasks.
  • Google's AI Model Developments: Google unveiled Gemini 2.0, its most capable AI model yet, featuring agentic capabilities for developers, enterprises, and individuals.
  • Meta's AI-Native Device Plans: Meta Platforms announced plans to launch Ray-Ban branded smart glasses with displays by late 2025, aiming to expand its lineup of "AI-native" devices.
  • Broadcom's AI Revenue Surge: Broadcom's CEO predicted that Big Tech's investment in AI would continue at a high pace until at least the end of the decade, following a 220% surge in the company's AI revenue in 2024.
  • AI in Autonomous Driving: The competition to achieve assisted and autonomous driving intensified, with companies like Tesla aiming to capture a market potentially worth $400 billion by 2035.
  • AI-Generated Fake Reviews Proliferate: The rise of AI tools like OpenAI's ChatGPT exacerbated the challenge of fake online reviews, creating a burden for merchants, service providers, and consumers.
  • AI Cameras to Detect Impaired Drivers: New AI cameras capable of identifying drunk or drugged drivers were unveiled, with trials underway to enhance road safety.

Apple Nears $4 Trillion Market Cap: Apple was on the brink of becoming the first company to surpass a $4 trillion market capitalization, driven by investor enthusiasm for its recent AI advancements and iPhone sales.

Ashish Mathurr

Award-Winning Voice on Synthetic Data | Market Research | Sales & Business Development Director | Driving Revenue Growth | Ensuring Client Success | Empowering Global Clients Generating Strategic Insights

2 个月

Suparna G. You will still need humans with the knowledge of AI because that would be enabler and time/cost saver for lot of mundane tasks.

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