Microsoft Launches Copilot Pro

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In this week's newsletter, we're set to explore the latest happenings in the realm of AI, featuring the top 5 news highlights and more.

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Microsoft launches Copilot Pro premium offering at $20 per month

Microsoft has introduced Copilot Pro, a premium subscription priced at Rs 2,000/month for individual users, offering priority access to advanced AI models GPT-4 and GPT-4 Turbo from OpenAI. Initially designed for enterprises, Copilot Pro enhances applications like Word, Excel, Outlook, PowerPoint, and OneNote. While Office 365 subscribers can seamlessly join, non-subscribers miss Office suite integration. The Pro version enables faster response times and increased capabilities, accessible across Windows PC, Mac, web, Android, and iOS devices. It includes features like image generation tools and upcoming integration of Copilot GPT Builder for task-specific AI creation. [Link]

AI will impact 40% of jobs globally, says IMF chief

The International Monetary Fund (IMF) states that the rise of artificial intelligence (AI) could disrupt almost 40% of jobs globally, potentially exacerbating inequality. IMF chief Kristalina Georgieva urges governments to establish social safety nets and retraining programs to mitigate AI's impact, particularly on white-collar workers in advanced economies. The effects are expected to be more profound in developed nations, where up to 60% of jobs could be affected, leading to concerns about social tensions. While acknowledging the potential for AI to boost productivity, Georgieva emphasizes the need for proactive policymaking to ensure the benefits of AI are harnessed without deepening existing inequalities. [Link]

Capgemini Report: 90% of Indian Leaders to Boost AI Investment

Capgemini's 2024 investment report reveals that 90% of Indian business leaders plan to increase investments in AI and generative AI. The survey reflects optimism among 53% of Indian leaders, highlighting a focus on digital tools, cybersecurity, and other strategic areas. Globally, AI's role in critical decision-making is emphasized, with life sciences leading the way. The report also addresses concerns about cybersecurity, climate change, and technology decoupling between China and the US. [Link]

Mercedes-Benz's CES 2024 Revelations: Emotional AI and NFT Integration

Mercedes-Benz dazzled at CES 2024 with the upgraded MBUX Virtual Assistant featuring emotional AI profiles. Operated on MB.OS and powered by generative AI, it promises a personalized experience. OpenAI’s ChatGPT integration enhances the language interface, ensuring localization. The 2025 launch includes revamped in-car entertainment and the MBUX Collectibles app, showcasing NFTs on the dashboard. Mercedes-Benz combines technological advancements with emotional intelligence and blockchain integration, promising a futuristic driving experience. [Link]

AI Stocks: Tech Giants, Cloud Titans, Chipmakers in Battle for Dominance

Investor interest in AI is soaring, with companies like Microsoft and Nvidia leading the way in generating revenue from generative AI. As the Nasdaq surged in 2023, Apple faces the challenge of responding to the rise of generative AI, with expectations of unveiling a developer-built AI App Store in 2024. The AI landscape involves tech giants, cloud computing providers, chipmakers, and software companies, with companies like OpenAI, Amazon, and Google vying for dominance. The market is shifting from AI training to inferencing, and venture capital is flowing into AI startups. Regulatory challenges and the quest for intellectual property rights add complexity to the dynamic AI stocks landscape. [Link]

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Flipped.ai Editorial Team