Latest AI News

Tesla has launched its robotaxi service in Austin, Texas with about 10 Model Y SUVs offering rides for $4.20. Each vehicle includes a human safety monitor in the passenger seat. The service currently operates under controlled conditions with rides limited to select users and influencers. Tesla employs teleoperation for safety, allowing remote operators to intervene when necessary. Austin has become competitive for autonomous vehicles, with Waymo and Amazon's Zoox also operating there. Initial user feedback has been positive despite limited availability. This launch represents a significant step for Tesla in the autonomous transportation market, with potential for expansion pending regulatory approval and public reception.

Goldman Sachs has launched GS AI Assistant, an in-house generative AI tool now available to all employees after extensive development. The assistant can access company-approved language models to summarize documents, draft content, analyze data, and translate code. Designed to adopt traits of Goldman Sachs employees over time, it aims to eventually execute tasks and mirror employee decision-making processes. This deployment is part of the bank's broader AI strategy to enhance operational efficiency. Initially targeting 10,000 knowledge workers, the rollout will expand to all relevant staff by year's end, incorporating advances from leading AI providers like OpenAI, Meta, and Google.

The Rapid Rise of Artificial Intelligence: What's Driving the AI Boom? Artificial Intelligence is experiencing unprecedented growth, transforming from specialized technology to a mainstream tool across industries. This acceleration is driven by technological advances in algorithms and data, heavy investment and competition among tech giants, and widespread adoption across sectors like finance and healthcare. Leading platforms shaping the industry include ChatGPT, Google's Gemini, Midjourney for image generation, and Microsoft's Copilot. Despite its potential, AI faces challenges including data privacy concerns, workforce disruption, and ethical considerations. As AI continues evolving, experts predict further integration into everyday life, enhancing productivity and creating new business models while requiring societal adaptation to both opportunities and risks.

Eurazeo has led a $20 million funding round for German AI company aedifion, which offers an AI-powered cloud platform for smart building management. The Cologne-based firm helps property owners monitor and optimize HVAC systems to reduce energy consumption, CO2 emissions, and operating costs. Additional investors include World Fund, Drees & Sommer, and BitStone Capital. Founded in 2017 as a spinoff from RWTH Aachen University, aedifion combines engineering and information technology to advance sustainable solutions in real estate. This investment reflects growing confidence in AI applications for climate goals in the property sector and represents a significant development in the PropTech industry.