AI

Lawpath, one of Australia's leading legal platform for small businesses, is revolutionising the legal landscape once more with the introduction of its innovative Lawpath AI solution. This game-changing and revolutionary artificial intelligence tool is designed to combat the growing issue of contract blindness, empowering them to easily navigate complex legal contracts. 

Small and medium-sized businesses (SMBs) in Australia are showing a growing interest in adopting new categories of AI, particularly generative AI, to improve efficiency, reduce costs, and make data-driven decisions. However, more education and awareness about its potential impact on the workforce is needed, according to new research by global tech platform Zoho.

Databricks, the Data and artificial intelligence company, announced it has entered into a definitive agreement to acquire MosaicML, one of the leading global generative AI platform. Together, Databricks and MosaicML will make generative AI accessible for every organisation, enabling them to build, own and secure generative artificial intelligence models with their own data. The transaction is valued at approximately $1.3 billion, inclusive of retention packages.

Intuit Mailchimp, the email marketing and automation solutions company, released a research report titled "The Future of AI Marketing Isn’t Added On—It’s Built In,” which explores marketers’ perspectives on artificial intelligence and automation across the globe and use cases for how artificial intelligence (AI) and automation can be adopted for marketers.

Australian and New Zealand (ANZ) brands will lead the next wave of global customer experience innovation as consumers become aware of new technologies and more deeply explore virtual and immersive environments, according to new research from Adobe. To help fuel this experience transformation, marketers and consumers alike are eager to embrace AI, especially generative AI. The global survey of 13,000 consumers and 4,250 marketing and customer experience experts outlines the broad impact of breakthrough tech on consumers and businesses, highlighting frontiers for living, working and shopping online.

The majority (51%) of consumers are aware of the latest trends in generative AI and have explored the tools. Adoption of AI has been consistent across age groups and geographies, with over half of all generations, including Baby Boomers, having used the tech. This is according to Capgemini Research Institute’s report, ‘Why consumers love generative AIv’, which explores how consumers are using AI and how it could bolster society’s digital future.

Databricks, the Data and AI company, announced a Delta Sharing alliances with Cloudflare, Dell, Oracle, and Twilio to continue growing its data sharing ecosystem. Delta Sharing offers an open solution to securely share live data from your lakehouse to any computing platform. Organisations have to continuously develop innovative business solutions and products leveraging data and AI to thrive in today’s data-driven economy. That requires an open, secure exchange of data and AI assets with customers, partners, and suppliers.

Macquarie’s Banking and Financial Services group, in collaboration with Google Cloud, announced new artificial intelligence (AI) and machine learning (ML) capabilities to drive improved banking experiences for its customers. This includes predictive analysis models to provide targeted in-app functionality and streamline banking with automated processes. 

The data auditing platform DataTrue announced the launch of a patented data validation and personal identification system that employs artificial intelligence (AI) and machine learning (ML) to identify and prevent data leaks. DataTrue is collaborating with Microsoft to enhance this new offering, integrating Azure's advanced AI and ML into its technology stack.

armaker Mercedes announced last week that it will be adding ChatGPT into its cars. The AI tool will be used to enhance the cars' voice-command capabilities. With the new addition, Mercedes car owners can expect additional functions like a wider range of commands in a more natural fluid conversation, and the ability to interact with other applications to make reservations like dinner and movie tickets bookings, amongst other exciting features.