SAP Plans to Launch Its New AI Assistant ‘Joule’ in November

Enterprise software firm SAP is launching its own AI assistant named “Joule,” which will be embedded throughout the company’s cloud portfolio, offering users contextualized insights across SAP apps and third-party sources on both desktop and mobile platforms. The German business solutions giant has an estimated 300 million global enterprise users using its software for applications related to managing human resources, finance, supply chain, procurement and customer experience, as well as the underlying SAP Business Technology Platform. Continue reading SAP Plans to Launch Its New AI Assistant ‘Joule’ in November

Major Tech Firms Help Boost Valuation of AI21 to $1.4 Billion

AI21 Labs, a pioneer in large language model artificial intelligence, has closed a $155 million Series-C funding that brings the Tel Aviv-based firm’s total raise to $283 million for a valuation of $1.4 billion. Investors include Google, Nvidia, Samsung Next, Walden Catalyst, Pitango, SCB 10X, b2venture, and AI21 co-founder Amnon Shashua. The company is best known for its flagship AI21 Studio product, a developer platform that lets customers pay as they go to build custom text-based business apps using AI21’s proprietary models, notably Jurassic-2. The firm’s portfolio also includes the multilingual reading and writing assistant Wordtune. Continue reading Major Tech Firms Help Boost Valuation of AI21 to $1.4 Billion

Microsoft’s Dynamics 365 Copilot Brings AI to Business Apps

On the heels of debuting conversational AI to search, Microsoft is leveraging artificial intelligence in corporate applications that have traditionally been dominated by competitors like Oracle, Salesforce and SAP. Dynamics 365 Copilot is an AI assistant debuting in preview as part of the software giant’s business suite. Based on technology from OpenAI, it is designed to handle tasks including sales, marketing, customer service and supply chain. It can also draft contextual chat and email answers to customer-service queries. Targeting customers and categories for sales pitches and writing product listings for e-commerce are also among its skills. Continue reading Microsoft’s Dynamics 365 Copilot Brings AI to Business Apps

Tech Unites Behind Trusted Cloud Principles, Best Practices

A juggernaut of the largest tech titans has joined forces to create Trusted Cloud Principles, a united front in the face of diversified international regulations on everything from how data is stored to dealing with increasing demands from law enforcement. Amazon, Google, Microsoft, Atlassian, Cisco, IBM, Salesforce and SAP have united in the initiative, which they say seeks to protect customer rights. Meanwhile, a group of leading tech companies has also teamed up to develop a framework of best practices for implementing cloud services with a focus on protecting data. Continue reading Tech Unites Behind Trusted Cloud Principles, Best Practices

Deepfakes Go Mainstream for Corporate Training, Other Uses

Although deepfakes have mainly been associated with fake news, hoaxes and pornography, they’re now also being used for more conventional tasks, including corporate training. WPP, with startup Synthesia, has created localized training videos by using AI to change presenters’ faces and speech. WPP chief technology officer Stephan Pretorius noted that the localized videos are more compelling and “the technology is getting very good very quickly.” In COVID-19 times, deepfakes can also lower costs and speed up production. Continue reading Deepfakes Go Mainstream for Corporate Training, Other Uses

Cloud Services Experience Record Revenue, Slowing Growth

According to Canalys, by the end of Q1 2020, companies spent a record $31 billion on cloud infrastructure, 34.5 percent growth from $23.1 billion for Q1 2019. Despite increased spending, however, the growth trajectory is slowing: Q1 2019 showed a 39.3 percent year-on-year (YoY) increase and Q4 2019 a 37.2 percent year-on-year increase. Cloud spending therefore grew only 2.6 percent or $800 million quarter-on-quarter by end of March 2020. Canalys attributes growth to the shift to remote working during the pandemic. Continue reading Cloud Services Experience Record Revenue, Slowing Growth

Technology Chief Executives Lobby for Federal Privacy Law

Congress just received an open letter on behalf of the Business Roundtable, an association comprised of the chief executives of the U.S.’s biggest companies. Signed by 51 tech company executives, the letter asks legislators to create a federal law on data privacy, thus avoiding the patchwork-quilt of state laws now being passed. Amazon, AT&T, Dell, IBM, Qualcomm, SAP, Salesforce, Visa, Mastercard, JPMorgan Chase, State Farm and Walmart are just some of the companies whose chief executives signed the letter. Continue reading Technology Chief Executives Lobby for Federal Privacy Law

Microsoft Rolls Out Additional Plans to Combat Patent Trolls

Microsoft revealed plans to expand its Azure IP Advantage patent troll defense program by offering its customers building Azure-compatible IoT services with access to a library of 10,000 patents that can help protect them from IP lawsuits, especially related to cloud computing. The tech giant also announced that it is contributing some 500 patents to the non-profit LOT Network, founded in 2014, which provides patents from a growing number of member companies and additional sources to help protect startups against patent trolls. Continue reading Microsoft Rolls Out Additional Plans to Combat Patent Trolls

Tech Firms Encourage Others to Join Open Data Initiative

Adobe, Microsoft and SAP announced the Open Data Initiative during last year’s Microsoft Ignite conference with the intent of creating standards that would assist customers in moving their data between the companies’ services more easily. Now the companies are looking to expand the program. At this week’s Adobe Summit in Las Vegas, they demonstrated how Unilever is effectively leveraging a new common data standard. They also announced the formation of a partner advisory council as a first step toward making the Open Data Initiative available to other companies. Continue reading Tech Firms Encourage Others to Join Open Data Initiative

Tech Firms Sign a Cybersecurity Pledge to Protect Customers

Led by tech titans Facebook and Microsoft, more than 30 tech companies have signed a Cybersecurity Tech Accord as part of their efforts to protect customers from cyberattacks and “the misuse of their technology.” According to the agreement, tech companies pledge not to assist governments that initiate attacks against “innocent civilians and enterprises.” Among the signatories are companies that power Internet technology and information infrastructure, including Cisco, Cloudflare, Dell, HP, LinkedIn, Nielsen, Nokia, Oracle, Symantec and VMware. Continue reading Tech Firms Sign a Cybersecurity Pledge to Protect Customers

Facebook, Google Pledge to Expand AI Investments in France

After top Google and Facebook executives met with French president Emmanuel Macron, the tech companies vowed to invest artificial intelligence resources in that country’s capital. Google will create a Paris-based AI lab focused on research into automatic learning, language and computer vision. Facebook, which already has created an AI lab in Paris, plans to double its 50-person team there by 2022 and spend 10 million euros ($12.2 million). Both companies also pledge to train that country’s citizens on digital tools. Continue reading Facebook, Google Pledge to Expand AI Investments in France

Amazon Enters the Workplace with Bow of Alexa for Business

Amazon, which currently dominates the virtual assistant market with its Echo speaker, is now launching Alexa for Business. With Alexa for Business, offices could potentially use the voice-enabled assistant to take care of numerous tasks. It’s a leap of faith since it is still unproven how many businesses would want to install an Echo in every conference room, design relevant programs or even want their employees talking to devices. Companies might also have concerns about sensitive internal information being in the cloud. Continue reading Amazon Enters the Workplace with Bow of Alexa for Business

Microsoft Introduces Windows 10 Update, Mixed Reality Tools

Microsoft’s Windows 10 operating system update will allow apps to work across devices, including those running rival operating systems from Apple and Alphabet. For example, in a feature called “Pick Up Where You Left Off,” a user can finish editing a document on an iPhone that she started on a Windows PC; both devices must have Cortana to work. The company also introduced Windows Mixed Reality motion controller, which enables gaming in virtual worlds and tracks movement via sensors in the device and the paired headset. Continue reading Microsoft Introduces Windows 10 Update, Mixed Reality Tools

IBM Looks to Commercialize Artificial Intelligence with Watson

IBM is launching commercialization of its artificial intelligence technology Watson with the hope of growing it into a multibillion-dollar enterprise. Big Blue has already invested billions of dollars and, currently, a staff of 10,000 employees to evolve Watson, which was launched as a business unit in 2014. The effort is beginning to pay off, as Watson is now assisting in diagnosing cancer. IBM is also marketing its AI in TV ads featuring Watson bantering with Nobel laureate Bob Dylan and tennis celebrity Serena Williams. Continue reading IBM Looks to Commercialize Artificial Intelligence with Watson

New Analytics Service from Amazon to Make Better Use of Data

Amazon is readying a new service, code-named Space Needle, designed to help businesses better analyze their growing collections of data. The service — which will compete with IBM, Microsoft, SAP, Tibco and others in the lucrative business intelligence space — could help the Amazon Web Services cloud-computing division secure more customers by housing more of their data. Amazon is in a strong position for an add-on service; clients such as Airbnb, Netflix, Nike and Pfizer already store their proprietary data on AWS. Continue reading New Analytics Service from Amazon to Make Better Use of Data