Google Chrome announces 3 AI features and Lumiere, a new video generation tool. SAP is restructuring 8000 jobs around AI. Apple's AI initiatives and generative AI on iPhones. Microsoft's AI-driven revenue growth and $3 trillion market cap. AI in everyday tools, job seekers' use of AI, and North Korea's AI program. Google Chrome's new generative AI features and Lumiere: a new video creation AI.
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Quick takeaways
SAP is restructuring 8,000 jobs to prioritize AI, investing $2.2 billion in the transition.
Google Chrome introduces generative AI features for tabs, backgrounds, and writing tasks, as well as a video generation tool called Lumiere.
Deep dives
Restructuring at SAP to Focus on AI
European Enterprise Software Giant SAP is restructuring 8,000 jobs, about 7% of its workforce, to prioritize artificial intelligence. The majority of affected positions are expected to be covered by voluntary leave programs and retraining measures. SAP plans to spend $2.2 billion on the transition this year and aims to maintain a similar headcount by the end of the year.
Apple Boosting Generative AI Efforts
Apple is steadily increasing its capabilities in AI, particularly in generative AI, through acquisitions, staff hires, and hardware updates. The company aims to bring generative AI to its future iPhones, enabling mobile devices to run AI chatbots and apps independently, without relying on cloud services. Apple's plans for a self-driving car, however, have reportedly been delayed and downgraded in terms of autonomy level.
Google's AI Announcements: Chrome and Lumiere
Google's Chrome browser is introducing new integrated generative AI features for managing tabs, personalizing backgrounds with AI-generated wallpapers, and assisting with writing tasks. Additionally, Google has unveiled Lumiere, a video creation AI model that excels in text-to-video generation, image-to-video generation, video stylization, and video in painting. Lumiere represents a novel approach to video synthesis, differentiating itself from existing models by generating a full-frame rate low-resolution video at once.
Google Chrome announces 3 AI features for Chrome as well as an innovative new Video generation tool Lumiere. Also SAP is restructuring 8000 jobs around AI.
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