Today in AI - November 25, 2024

Pyramid Analytics has secured $50 million in funding from BlackRock to boost its AI and machine learning capabilities and expand globally, aiming to tap into the big data and business analytics market expected to reach $665.7 billion by 2033.

Pestle, a recipe app by Will Bishop, now uses on-device AI to convert TikTok recipe videos into detailed instructions, improving user privacy and processing speed, and gaining popularity among food enthusiasts.

Tesla is developing a teleoperations system for its robotaxi service, allowing human operators to remotely control autonomous vehicles, addressing safety and regulatory issues, and potentially revolutionizing urban transportation and driving revenue growth.

Nvidia's new AI model, Fugatto, can generate and modify music and audio, offering significant potential for creative industries like music production, filmmaking, and video game development, while raising ethical concerns about copyright infringement and the displacement of human musicians.

The UK is establishing the Laboratory for AI Security Research (LASR) with an initial investment of £8.22 million to combat AI-powered cyberattacks from hostile states, enhancing national security through advanced AI technologies and industry partnerships.

The automotive industry is heavily investing in electric and autonomous vehicles, leading to increased R&D costs and economic pressures, with major automakers implementing cost-cutting measures, including layoffs and strategic partnerships, to maintain financial stability.

Dame Laura Kenny will be a guest editor for Radio 4's Today programme during Christmas, focusing on elite sports and women's health, and addressing issues such as AI, chronic pain relief, and children's television.