Mphasis launches DeepInsights Doc AI for advanced document processing; OpenAI partners with Figure AI to elevate humanoid robots with advanced AI models; Author Calum Chace optimistic about AI's impact on jobs; Meta CEO Zuckerberg explores AI chip collaboration with Samsung in Asia tour- this and more in our daily roundup. Let us take a look.
Mphasis Ltd's shares rose by 0.31% as it unveiled DeepInsights Doc AI, a document processing tool utilizing generative AI for extracting context-specific data from diverse documents. Integrated with IT systems, the platform employs large language models to cater to enterprise needs, encompassing information extraction, context-aware search, and adaptive content generation. Mphasis also announced partnerships with Kore.ai and the creation of a business unit dedicated to custom AI solutions, according to a report by The Hindu Businessline.
OpenAI, led by Sam Altman, is partnering with Figure AI to advance humanoid robots using next-gen AI models. Focused on enhancing robots' language processing and reasoning capabilities, the collaboration aims to expedite Figure's commercial timeline. OpenAI, having recently secured $675 million in Series B funding, sees humanoid robots as transformative for the future of work, aligning with their investment in robotics startup 1X Technologies last year, according to a Business Insider report.
Calum Chace, author and co-host of the London Futurist podcast, stated at the Beneficial AGI Summit that AI could replace jobs on a large scale, challenging the misconception that it's inherently negative. Comparing it to past industrial revolutions, he envisions a positive future where humans are liberated from mundane tasks. Chace anticipates AI's impact on "cognitive jobs," paralleling historical shifts from manual to intellectual labour, Financial Express reported.
Mark Zuckerberg, CEO of Meta, expressed interest in strengthening collaboration with Samsung Electronics for AI chips during his tour of
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