Zoom had seen rapid growth in users and subscribers during the pandemic-induced lockdowns, but doubts have been raised over the sustainability of the current demand for video conferencing.
Separately China's Ministry of Industry and Information Technology (MIIT) said on Saturday that the country's three largest telecom companies - China Mobile, China Unicom and China Telecom - were looking to "promote the inclusive application of the latest AI technology" and were working with the DeepSeek open source model.
Meta is set to integrate AI-generated characters on Facebook and Instagram, aiming to enhance user engagement. These AI accounts will have profiles and create content. While concerns about misinformation and content quality exist, Meta has introduced labeling rules. AI integration is prioritized to make apps more engaging for its users.
Nothing CEO Carl Pei announced that the company is exploring the development of its own mobile operating system, Nothing OS. Emphasizing the need to innovate the user experience and integrate advanced AI, Pei highlighted the challenges of hardware businesses and the potential for higher margins and user satisfaction through software advancements.
Several global technology firms, including Twitter, Meta, Amazon, and Google, have announced layoffs attributed to AI or GenAI integration. These companies have partially attributed workforce reductions to the efficiencies brought by new technologies like AI. In contrast, Infosys is actively investing in training its workforce in GenAI.
Anup Nair, a veteran technology leader at Mphasis, will assume the role of chief architect and chief technology officer at Mphasis.ai. This business unit will offer services including generative AI advisory, AI app development, reinforcement learning based conversation design, industry specific model development and Large Language Models (LLMs) fine-tuning, prompt engineering, LLM application testing, factuality evaluation, and data prepping.
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