Synthesis of AI [April 25]: Meta invests more in AI, Duolingo reports AI causes layoffs, more

AI Briefing, April 25: Meta CEO Mark Zuckerberg announced expanding investment in AI to stay ahead of rivals like Google, Microsoft and other tech giants. The company also assured investors of the opportunity to make money. In other news, Duolingo highlighted that one of the reasons for their layoffs was due to the adoption of AI. Know more about what’s happening in the world of AI.

1. Meta is planning to increase its investment in AI

Meta CEO Mark Zuckerberg revealed that the company will spend billions of dollars to participate in the AI ​​race with technology giants Microsoft, Google and OpenAI. “We expect capital spending to continue to grow next year as we invest aggressively to support our full AI research and product development efforts,” Chief Financial Officer Susan Li said in a statement. its ambitions,” according to Bloomberg. report.

2. Duolingo highlights AI as the main factor leading to layoffs

Duolingo, the language learning platform, recently announced layoffs of 10% of its contractor workforce. However, in a recent Forbes magazine report, the company shared that one of the reasons for layoffs was due to AI. “AI is the tool we are using to accelerate product development and make learning with Duolingo more engaging and effective,” the company said. There are some jobs like translation where AI is a strong alternative.”

3. TCS CEO reveals AI can take over jobs at call centers

Tata Consultancy Services CEO K Krithivasan emphasized that with the increasing use of AI, there will be less need for call centers. It was further highlighted that this technology could improve the requirements for how call centers operate. Krithivasan said, “In an ideal period, if you ask me, there would be very few call centers with incoming calls,” according to the Financial Times report.

4. A survey highlights that global technology leaders are unprepared for AI

Chief Information Officer of Lenovo Group Ltd. conducted a survey that found that IT and business leaders around the world are not ready for AI technology. Some companies do not have a corporate policy on ethical use, and 42% say they do not expect a return on their investment in AI. “This is driven by the clear promise of AI adoption combined with the pressure IT leaders face to justify value,” said Ken Wong, president of Lenovo’s Solutions and Services Group. value of these investments,” according to Bloomberg. report.

5. Upgrade XPeng artificial intelligence training to enter the super fast cycle

Chinese electric vehicle (EV) manufacturer XPeng revealed that it will significantly improve and update its software and AI features for a “super fast upgrade cycle” starting in May. Need to press emphasize that the software will be upgraded every 2 months to provide new features. He Xiaopeng, founder and CEO of the German Volkswagen-backed automaker, said: “This year, I believe XPeng will outpace all its rivals in autonomous driving technology. China”, according to Reuters. report.

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