AI is becoming a central feature in widely used technologies, with major firms embedding AI into familiar products. Meta’s AI chatbot now enhances platforms like Facebook and Instagram, while Apple’s new Apple Intelligence introduces advanced features for iPhones. Google has unveiled AI-powered search summaries and its chatbot Gemini, while Amazon is upgrading Alexa with enhanced AI capabilities. These efforts aim to seamlessly incorporate AI into daily life.
Experts view familiar platforms as key to driving consumer adoption of AI. Generative AI tools such as ChatGPT have introduced many to the technology, building awareness and readiness. Analysts predict that existing devices like smartphones will play a pivotal role in what is being called the ‘consumer AI revolution.’ Apple’s reach alone could soon enable 20% of the global population to access AI-driven features.
The road to widespread integration is not without obstacles. Apple’s AI features have faced criticism over delays, and Amazon’s AI-enhanced Alexa faces strong competition from Google Nest. However, investment in AI infrastructure remains robust, with companies aiming to transform industries, including smart homes and financial services, through more intelligent systems.
As AI becomes embedded in everyday technology, future innovations promise deeper integration and enhanced user experiences. Anticipated advancements include more intuitive interactions and a shift in how people engage with technology, potentially reshaping daily routines and consumer expectations.
Elon Musk has expanded his legal battle against OpenAI by adding Microsoft to his lawsuit, accusing both companies of engaging in illegal practices to monopolise the generative AI market. The federal antitrust claims, filed in Oakland, California, argue that the partnership between OpenAI and its largest investor, Microsoft, has sidelined competitors and restricted investment opportunities for other AI developers.
Musk’s complaint, which builds on his initial lawsuit from August, claims that OpenAI, which he helped to establish as a nonprofit, has deviated from its original mission. It has transformed into a highly profitable company, valued at $157 billion, and Musk argues that its partnership with Microsoft has created unfair market dominance. He is seeking to have the licensing agreement between the two companies voided and for them to divest assets gained through what he calls monopolistic practices.
The lawsuit also accuses Microsoft and OpenAI of circumventing regulatory oversight by entering exclusive agreements that Musk believes resemble a merger, without going through standard antitrust reviews. OpenAI has dismissed the claims as unfounded, while Musk’s legal team insists that the companies’ actions are damaging competition and transparency in the AI sector.
Musk’s tensions with OpenAI have been ongoing since he left the organisation, which he co-founded to develop safe AI. As OpenAI transitioned to a for-profit structure and secured billions from Microsoft, concerns grew about the concentration of power in the hands of a few dominant players in AI.
Google has rolled out Imagen 3, its advanced text-to-image generation model, directly within Google Docs. The tool allows users to create realistic or stylised images by simply typing prompts. Workspace customers with specific Gemini add-ons will be the first to access the feature, which is gradually being made available. The addition aims to help users enhance communication by generating customised images without tedious searches.
Imagen 3 initially faced setbacks due to historical inaccuracies in generated images, causing Google to delay its release. Following improvements, the feature launched quietly earlier this year and is now integrated into the Gemini platform. The company emphasises the tool’s ability to streamline creativity and simplify the visual content creation process.
Google has also introduced its Gemini app for iPhone users, following its February release on Android. The app boasts advanced features like Gemini Live in multiple languages and seamless integration of popular Google services such as Gmail, Calendar, and YouTube. Users can also access the powerful Imagen 3 tool within the app.
The Gemini app is designed as an AI-powered personal assistant, bringing innovation and convenience to mobile users globally. Google’s Brian Marquardt highlights the app’s capability to transform everyday tasks, offering users an intuitive and versatile digital companion.
Michael O’Flaherty, the Council of Europe’s new Commissioner for Human Rights, warned that failing to defend Ukraine would be an ‘existential loss’ for Europe. Speaking at the Web Summit in Lisbon, O’Flaherty emphasised the critical need for Europe to stand firm in supporting Ukraine amid growing authoritarianism and human rights abuses. He also highlighted the risks posed by emerging technologies, particularly AI, and stressed the importance of human rights safeguards in tech regulation.
O’Flaherty, in his first year as commissioner, underscored the enormous potential of AI to improve lives but also warned of its dangers, such as discrimination and misuse in warfare. He called for stronger regulations to ensure AI advancements align with human rights commitments. His focus on Ukraine comes at a time when the country’s challenges and human rights violations continue to dominate global discussions, with high-profile figures like Yulia Navalnaya and Olena Zelenska also speaking out on human rights issues at the summit.
As technology continues to evolve rapidly, O’Flaherty stressed the need for better communication between the tech sector and human rights advocates, aiming to create a more unified approach to solving global challenges. He also advocated for holding perpetrators of atrocities, like those in Ukraine, criminally accountable, reinforcing the preventive role of justice.
Foxconn, the world’s leading contract electronics manufacturer, is set to report a 7% year-on-year rise in third-quarter profit, driven by strong demand for AI servers. The company, best known for assembling Apple‘s iPhones, posted its highest-ever quarterly revenue, with a 20% increase from the previous year, attributed to booming AI-related sales. Foxconn’s net profit for July-September is expected to reach T$46.3 billion, marking the fifth consecutive quarter of profit growth.
In addition to its positive financial performance, Foxconn continues to expand its operations globally. It is building the world’s largest manufacturing facility in Mexico, dedicated to bundling Nvidia’s GB200 superchips for next-generation computing platforms. The company’s optimistic outlook is reflected in record-breaking sales for October and expectations of further revenue growth in the fourth quarter.
Foxconn‘s share price has surged more than 100% in 2024, significantly outperforming the broader market. The company will update its full-year outlook during its earnings call on Thursday, where it is expected to provide additional insights into the continued growth of its AI business.
Advanced Micro Devices (AMD) has announced it will lay off approximately 1,000 employees, or 4% of its global workforce, as part of a strategic focus on the booming AI chip market. The company, which is competing with Nvidia in the rapidly growing sector, plans to prioritise investments in AI graphics processors. AMD’s data centre business has experienced impressive growth, with a significant revenue boost in the September quarter, while other segments, such as gaming, have seen declines.
AMD is preparing for the mass production of its next-generation AI chip, the MI325X, set to launch in the fourth quarter. The company’s research and development efforts have escalated, with rising costs reflecting the high demand for AI chips from major customers like Microsoft. Despite this, AMD’s stock has faced challenges in 2024 after a surge last year, as investor expectations remain high.
The company’s data centre unit is projected to grow significantly in 2024, outperforming total revenue growth. However, rising production costs and an expensive ramp-up in chip manufacturing have impacted its financial performance.
Pony AI, a Chinese self-driving technology firm backed by Toyota, is pursuing a US listing on Nasdaq with a target valuation of up to $4.48 billion. The company plans to offer 15 million American Depositary Shares priced between $11 and $13, aiming to raise as much as $195 million. Additional private placements are expected to generate $153.4 million, with key investors like BAIC committing to $74.9 million.
Founded in 2016, Pony AI operates a fleet of over 250 robotaxis and 190 robot trucks, competing in a market poised for rapid growth but facing significant challenges. The IPO represents a major step after its valuation dropped from $8.5 billion in 2022 due to reduced investor expectations and changing market dynamics. However, this follows an earlier failed attempt at a public offering in 2021 during Beijing’s crackdown on technology companies.
The move reflects a cautious reopening of US markets for Chinese companies, which have been wary since Didi Global’s delisting. Analysts highlight the immense potential of autonomous driving while noting hurdles such as safety concerns, profitability issues, and regulatory challenges. Despite slower adoption in the US, Chinese regulators have embraced trials, offering Pony AI an edge in development.
National security concerns are casting a shadow, with potential bans on vehicles using China-developed systems in the US. Pony AI’s IPO is supported by key financial backers, including Saudi Arabia’s NEOM, Ontario Teachers’ Pension Plan, and HongShan. The shares will trade under the ticker symbol ‘PONY,’ with Goldman Sachs, BofA Securities, and others managing the offering.
The UN Development Programme (UNDP) has partnered with cBrain, a Danish digital solutions provider, to accelerate Africa’s digital transformation. The collaboration focuses on bridging the digital divide, fostering inclusive growth, and strengthening community resilience across the continent. The partnership will target key areas, including the development of digital public infrastructure, the enhancement of e-governance and public service delivery, the expansion of digital financial inclusion for underserved populations, and the integration of digital tools into climate resilience efforts.
A central initiative of this collaboration is the establishment of a Process Library at the UNDP Resilience Hub in Nairobi. The library will focus on developing and scaling best practices in governance, with an emphasis on inclusion, capacity-building, economic development, and resilience. These efforts are aligned with the African Union’s Digital Transformation Strategy and the UN sustainable development goals, reinforcing a shared vision for sustainable progress. By leveraging cBrain’s expertise and Denmark’s proven digitalisation strategies, the partnership aims to empower both governments and citizens while driving innovation, transparency, and equitable access across the continent.
Furthermore, the partnership places a strong emphasis on capacity development, equipping government officials and civil society organisations with the digital skills necessary to manage this transformation effectively. It also underscores the importance of private-sector involvement in Africa’s digital journey, drawing on Britain’s global experience in providing standardised solutions and integrating AI-driven tools. This collaboration serves as a model for international cooperation in digital governance, with a focus on knowledge sharing to disseminate best practices.
By empowering marginalised communities with access to digital and financial services, this initiative aims to unlock economic growth, enhance climate resilience, and pave the way for a more equitable and prosperous future for Africa.
Indian video editing platform InVideo has unveiled a new AI-powered feature that generates videos from text prompts. Branded as InVideo v3.0, the tool allows users to create live-action, animated, or anime-style videos, customised for platforms like YouTube, Instagram Reels, and LinkedIn. While the platform relies on a pipeline of third-party AI models for this feature, users can edit videos dynamically through additional prompts.
The service is launching under a new subscription model called the Generative Plan, which starts at $120 per month for 15 minutes of video generation, with options to purchase more minutes. Despite being a significant upgrade from InVideo’s earlier offerings, early users have reported inconsistencies in style and quality mid-video. The company has committed to improving the tool over time.
With 4M monthly active users and 7M videos generated in the past month, InVideo continues to appeal to individuals and small businesses rather than large production teams. Supported by Tiger Global and Peak XV Partners, the startup has raised $35M to date and is projected to reach $50M in annual revenue this year, according to co-founder and CEO Sanket Shah.
Google has introduced its Gemini app on Apple’s App Store, offering a new voice-based feature named Gemini Live. Designed to enable natural conversations, the tool marks the latest step in the evolution of voice assistants. Apple’s plans to integrate OpenAI’s ChatGPT into Siri highlight growing competition in the field.
Gemini, initially launched as Bard in 2023, is Google’s response to ChatGPT by OpenAI. The app, now enhanced with features like Gemini Live, aims to support diverse tasks such as interview preparation, travel advice, and creative brainstorming. Its rollout follows an announcement in August, with Android users receiving early access.
The app showcases advances in AI-powered voice assistants that surpass previous iterations like Amazon Alexa, Apple’s Siri, and Google Assistant. Google retired its older Assistant, an eight-year-old product, earlier this year after layoffs within its Voice Assistant team. These changes are part of broader efforts to streamline operations.
Google has also restructured its AI efforts, merging the Gemini app team into DeepMind, its research lab. DeepMind focuses on improving AI capabilities while overcoming challenges associated with traditional model expansion. These developments position Google at the forefront of next-generation AI solutions.
