Figure's Humanoid Robot: A Conversation Game Changer

Good Morning!

March 15th has arrived, marking a day of significance throughout history. Did you know that on this day in 44 BCE, Julius Caesar was famously assassinated? Let's embark on a journey through today's latest news and insights, starting with OpenAI’s real life version of iRobot.

BRAIN TEASER
I speak without a mouth and hear without ears. I have no body, but I come alive with wind. What am I? (Answer at the end!)
FUN FACT
Did you know that the Eiffel Tower can be 15 cm taller during the summer due to thermal expansion of the iron?

TRACK HIGHLIGHTS
Article Takeaways

• Figure unveils a humanoid robot engaging in live conversation, harnessing the power of OpenAI's generative AI.

• EU Parliament approves groundbreaking AI regulations, establishing global standards for AI governance.

• Zendesk to acquire German startup Ultimate, driving innovation in customer automation and AI integration.

• Google’s newest AI can learn to play video games with you, simply by watching you play.

• A prediction that AI can takeover 95% of Marketing Jobs, doesn’t seem to be that bold.

LAP 1
Figure's Humanoid Robot: A Conversation Game Changer

• Figure debuts humanoid robot engaging in real-time conversation, leveraging OpenAI's generative AI.
• Advanced conversational abilities showcased, with Figure 01 demonstrating instant understanding and reaction to human interactions.
• Multimodal intelligence empowers the robot with high-level visual and language processing for swift, dexterous actions.

LAP 2
AI Governance Digest: EU Sets Global Standards

• The regulations, known as the EU AI Act, categorize AI technologies based on risk levels.
• The European Parliament approves regulations for governing AI in the EU.
• The EU's move comes amidst global concerns over AI's impact.
• Implementation of the EU AI Act is expected to begin in 2025.

The EU Parliament has approved groundbreaking regulations for governing artificial intelligence, marking a significant step in global AI oversight. Known as the EU AI Act, it categorizes AI technologies based on risk levels and is set to be implemented starting in 2025. Despite this progress, concerns linger regarding the potential misuse of AI, particularly with emerging technologies like generative AI. Legal professionals view the EU's move as a major milestone in international AI regulation, anticipating it may pave the way for similar actions in other countries. However, some experts caution that the rapid evolution of technology could render the EU AI Act outdated sooner than anticipated.

MARKET PITSTOP
Customer Service AI Evolution: Zendesk's Ultimate Acquisition

• Zendesk announces acquisition of German customer automation startup Ultimate.
• Ultimate offers an AI automation platform with backend integration and robust analytics.
• The move aligns with the industry's shift towards AI agents for customer interactions.
• Zendesk sees a hybrid future where AI agents, workflow automation, and human agents coexist.

In a strategic move reflecting the evolving landscape of customer service, Zendesk unveils plans to acquire Ultimate, a German startup specializing in customer automation powered by generative AI. With an eye toward enhancing its platform capabilities, Zendesk aims to tap into Ultimate's versatile automation solutions, poised to drive efficiency and innovation in customer support operations. CEO Tom Eggemeier envisions a future where AI agents play a central role in addressing customer inquiries, with Ultimate's adaptive approach offering a flexible toolkit for problem resolution.

LAP 3
Google Develops AI That Can Play With You, Learning by Watching

• Google DeepMind's SIMA AI learns to play nine open-world games by mimicking human game interaction.
• Open-world games challenge SIMA with complex, real-life-like scenarios, advancing AI development.
• While SIMA can adapt to new games, it's currently limited to executing short, simple tasks.

Google DeepMind's SIMA AI system has showcased its capability to play diverse open-world video games by observing gameplay videos and managing game interfaces. This breakthrough highlights its adaptability to complex settings and marks a step forward in practical AI uses beyond gaming, extending to robotics and real-world tasks. SIMA was trained using human gameplay, learning to understand visual signals and perform in-game actions. Although it has its limitations, SIMA's proficiency in adjusting to new gaming scenarios indicates a promising future.

LAP 4
Open AI CEO Predicts 95% of Marketing Jobs Can be Done by AI; Devin by Cognition is Proving That

• Cognition AI's Devin emerges as the first AI software engineer.
• OpenAI's Sam Altman predicts AI will manage 95% of marketing tasks.
• AI advancements like ChatGPT and Devin are reshaping careers.

FINAL LAP - FINANCE & THE STOCK MARKET
The U.S Targets TikTok and Boeing Continues to Face Turbulence in Every Sense of the Word

• Wallstreet joins in on the AI frenzy as Morgan Stanley names a Tech Executive as the firms first head of Artificial Intelligence.

• Boeing’s hiring of Dave Calhoun's has led to embarrassment, with 2024 filled with daily negative news ranging from severe mid-flight incidents to persistent business troubles.

• Biden stands against Nippon Steel's $14.1 Billion bid for U.S. Steel amid political and Union backlash.

• The golden child of banking, JPMorgan, hit with $350 Million fine for failing to monitor billions in Trades.

• Former Treasury Secretary Steven Mnuchin plans to lead an investor group to bid for TikTok, following the House's move to either ban the app or mandate its sale to a US-based owner.

BRAIN TEASER ANSWER

An Echo!

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