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Google I/O 2024: Top 5 Expected Announcements Include Pixie AI Assistant and Android 15

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The largest software event of the year for the manufacturer of Android, Google I/O 2024, gets underway in Mountain View, California, today. The event will be livestreamed by the corporation starting at 10:00 am Pacific Time or 10:30 pm Indian Time, in addition to an in-person gathering at the Shoreline Amphitheatre.

During the I/O 2024 event, Google is anticipated to reveal a number of significant updates, such as details regarding the release date of Android 15, new AI capabilities, the most recent iterations of Wear OS, Android TV, and Google TV, as well as a new Pixie AI assistant.

Google I/O 2024’s top 5 anticipated announcements are:

1) The Android 15 is Highlighted:

It is anticipated that Google will reveal a sneak peek at the upcoming Android version at the I/O event, as it does every year. Google has arranged a meeting to go over the main features of Android 15, and during the same briefing, the tech giant might possibly disclose the operating system’s release date.

While a significant design makeover isn’t anticipated for Android 15, there may be a number of improvements that will assist increase user productivity, security, and privacy. A number of other new features found in Google’s most recent operating system include partial screen sharing, satellite connectivity, audio sharing, notification cooldown, app archiving, and notification cooldown.

2) Pixie AI Assistant:

Also anticipated from Google is the introduction of “Pixie,” a brand-new virtual assistant that is only available on Pixel devices and is powered by Gemini. In addition to text and speech input, the new assistant might also allow users to exchange images with Pixie. This is known as multimodal functionality.

Pixie AI may be able to access data from a user’s device, including Gmail or Maps, according to a report from the previous year, making it a more customized variant of Google Assistant.

3) Gemini AI Upgrades:

The highlight of Google’s I/O event last year was AI, and this year, with OpenAI announcing its newest large language model, GPT-4, just one day before I/O 2024, the firm faces even more competition.

With the aid of Gemini AI, Google is anticipated to deliver significant enhancements to a number of its primary programs, including Maps, Chrome, Gmail, and Google Workspace. Furthermore, Google might be prepared to use Gemini in place of Google Assistant on all Android devices at last. The Gemini AI app already gives users the option to switch the chatbot out as Android’s default assistant app.

4) Hardware Updates:

Google has been utilizing I/O to showcase some of its newest devices even though it’s not really a hardware-focused event. For instance, during the I/O 2023 event, the firm debuted the Google Pixel 7a and the first-ever Pixel Fold.

But, considering that it has already announced the Pixel 8a smartphone, it is unlikely that Google would make any significant hardware announcements this time around. The Pixel Fold series, on the other hand, might be introduced this year alongside the Pixel 9 series.

5) Wear OS 5:

At last, Google has made the decision to update its wearable operating system. But the business has a history of keeping quiet about all the new features that Wear OS 5 will.

A description of the Wear OS5 session states that the new operating system will include advances in the Watch Face format, along with how to build and design for an increasing range of devices.

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Coforge and Microsoft Establish Copilot Innovation Hub to hasten the Deployment of Generative AI

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Global supplier of digital services and solutions Coforge Limited recently announced a partnership with Microsoft to launch the Coforge Copilot Innovation Hub. In addition to working closely with Microsoft to integrate these solutions with Microsoft’s generative AI products and technologies, such as Microsoft Azure OpenAI Service, Microsoft Power Platform, and Microsoft Copilot, the Hub will concentrate on building a pipeline of new, industry-specific cognitive analytics solutions.

Coforge announced the launch of two new copilots as part of the Copilot Innovation Hub: Underwriter Copilot for insurance companies and Advisor Copilot for financial services firms. An innovative technique to improve ROI and streamline the process of navigating the complexity of underwriting, the Underwriter Copilot for Insurance gives insurance underwriters more authority and the ability to make informed decisions. The goal of the solution is to increase carriers’ combined ratios by two to three percent in order to open up new income streams. Insurance carriers can achieve a 30- to 35 percent boost in underwriter productivity and efficiency by implementing Underwriter Copilot.

By removing the need for time-consuming searches across several tools, documents, and data sources, the Coforge Advisor Copilot solution gives financial quick access to full fund information and performance data through an intuitive interface. Financial advisers and asset managers should become more productive by more than thirty percent thanks to the solution.

According to Sudhir Singh, Executive Director & CEO of Coforge, “Coforge is leveraging its deep industry strengths and customer partnerships to build industry specific generative AI solutions on the Microsoft platform to drive transformation and enhance productivity.” Our efforts to provide our clients with generative AI solutions that lead the market will go even faster thanks to our partnership with Microsoft. He went on, “We are announcing two new copilots today: Advisor Copilot for financial services businesses and Underwriter Copilot for insurance carriers.

“Our combined commitment to transforming and scaling organizational capabilities of financial services firms globally is demonstrated by the Coforge Copilot Innovation Hub. The 2024 Work Trend Index Annual Report states that 75% of individuals utilize AI at work, and that the use of generative AI has nearly doubled in the last six months. According to David Smith, Vice President, WW Channel Sales, Microsoft, “Coforge and Microsoft are dedicated to spearheading AI adoption, fostering innovation, and unleashing business value for businesses worldwide.”

Through the automation of manual chores, the improvement of decision-making through the creation of suggestions based on corporate data, and the streamlining and optimization of business processes, these copilots will increase operational efficiency by utilizing Microsoft’s generative AI products and technologies. These solutions will help businesses generate new value streams and speed up change.

Microsoft’s generative AI products will be easier to implement with the Coforge Copilot Innovation Hub, leading to increased productivity and better business results.

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Samsung Appoints New Leader for Chip Unit as AI Competition Intensifies

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As the race to build artificial intelligence processors heats up, Samsung Electronics has replaced the leader of its semiconductor division.

In an unexpected announcement made by the business on Tuesday, Vice Chairman Jun Young-hyun has been named head of Samsung’s device solutions division. The company’s foundry, memory, and system semiconductor divisions are managed under the device solutions division.

“Vice Chairman Jun Young-hyun is the key player who took Samsung Electronics’ memory semiconductor and battery businesses to the global top-tier level,” the company stated in a news release.

Samsung is making this announcement as it battles to overtake its regional rival SK Hynix in the market for AI memory chips. When it comes to high-bandwidth memory (HBM) chips, which are essential for AI computing, SK Hynix is in the lead.

According to Samsung, if the board and shareholders approve, Jun may also be named as the company’s chief executive. Samsung has two chief executive officers: one leads the company’s semiconductor division, while the other oversees its mobile and visual display businesses.

Before taking on the role of chief executive of Samsung SDI, the company’s battery division, Jun led Samsung’s memory chip business team for three years, from 2014 to 2017. In 2000, he made his debut as a member of Samsung’s memory chip business team.

Kyung Kye-hyun, who oversaw the semiconductor branch since2022, is replaced by Jun. During the memory chip market collapse, the division under his direction reported billion-dollar losses. The 61-year-old Kyung has been posting lengthy and in-depth posts on social media platforms like LinkedIn and Instagram about subjects including technology and climate change.

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Kudos Secures $10.2 Million for Its AI-Powered Smart Wallet

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The Four Cities Fund, Samsung Next, SV Angel, Precursor Ventures, The Mini Fund, Newtype Ventures, Patron, and The Points Guy creator Brian Kelly all participated in the funding round.

Kudos, an app and browser extension, was founded in 2001 by a group with prior expertise at Google, PayPal, and Affirm. It functions as a smart wallet assistant by suggesting or choosing the best credit card for customers to use when making payments in order to optimize rewards and cash back.

Recently, the company introduced a number of new features: Dream Wallet, which suggests cards to members based on their spending patterns; MariaGPT, an AI-powered card discovery tool with over 3000 cards in its database; and Kudos Boost, which offers personalized rewards across over 15,000 partner brands, such as Walmart and Sephora.

Since its initial fundraising round, Kudos has raised its annualized checkout Gross Merchandise Value to $200 million and expanded to over 200,000 registered users.

It intends to use the additional funds to develop MariaGPT into a comprehensive personal finance assistant, introduce an AI-powered hub offering expenditure optimization insights, and create a gateway that lets users book flights using points.

As consumers budgets, various credit cards, and sometimes complex rewards programs, they want to know they’re receiving the best value for their money, according to Tikue Anazodo, CEO of Kudos. With just one user-friendly app and extension, Kudos streamlines everything.”

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