Transform. Innovate. Be AI-Ready.
Data Governance | MDM | Data Quality | Metadata
AI Evolution: Finance, Design, and Innovation Trends
AQR Bets on Machine Learning as Asness Becomes AI Believer
Image Source: Bloomberg
• Cliff Asness of AQR Capital Management, known for traditional quant finance, is now a believer in machine learning.
• AQR is making a significant move towards utilizing machine learning techniques in its investment strategies.
Adobe adds more image generators to its growing AI family
Image Source: Verge
• Adobe has introduced two new versions of its text-to-image generative AI model, expanding its AI offerings.
• The new Firefly features and Creative Cloud app updates for Photoshop and Illustrator are part of Adobe's growing AI capabilities.
Databricks to Hire Hundreds in India to Accelerate AI Boom
Image Source: Bloomberg
• Databricks Inc. plans to invest over $250 million in India and increase hiring significantly over the next three years to advance artificial intelligence innovation.
• The move by Databricks is part of a trend where many Western tech and AI companies are expanding their presence in India.
Collective licence to ensure UK authors get paid for works used to train AI
Image Source: Guardian
• UK licensing bodies are introducing a collective license allowing authors to be compensated for the use of their works in training AI models.
• The initiative is a unique alternative to the government's opt-out system and is supported by publishers and writers in the UK.
India IT Firms Tap AI to Fuel Sales Growth With Fewer New Staff
Image Source: Bloomberg
• Indian IT outsourcing companies are leveraging artificial intelligence to enhance efficiency and drive sales growth while minimizing the requirement for additional staff.
• The adoption of AI by Indian IT firms is aimed at increasing productivity and expanding their businesses without significantly increasing their workforce.