Business/Enterprise

Sam’s Club announces it will stop checking receipts and start using AI at exits

Sam’s Club, a subsidiary of Walmart, announced it going to implement AI Image capture at it’s exit. Said all 600 stores nation wide will be using the technology by the end of 2024.

https://www.usatoday.com/story/money/nation-now/2024/01/12/sams-club-uses-ai-at-exit/72201366007

Musk Demands Bigger Stake in Tesla as Price for A.I. Work

Elon Musk, the electric car company’s chief executive, said he would “build products outside of Tesla” unless the board raises his stake to 25 percent.

World’s first AI-powered restaurant soon opening doors in Pasadena

Pasadena will soon be home to the world’s first fully-autonomous and artificial intelligence powered restaurant, which plans to open its doors in the coming weeks.

https://www.cbsnews.com/losangeles/news/worlds-first-ai-powered-restaurant-soon-opening-doors-in-pasadena

Google Cloud launches new generative AI tools for retailers

https://www.cnbc.com/2024/01/11/google-cloud-launches-new-generative-ai-tools-for-retailers.html

Ousted Twitter CEO Parag Agrawal is back with an AI startup; gets $30 mn in funding led by Khosla Ventures

https://www.msn.com/en-in/money/news/ousted-twitter-ceo-parag-agrawal-is-back-with-an-ai-startup-gets-30-mn-in-funding-led-by-khosla-ventures/ar-AA1mQq92

Make Your Data Speak the Language of Your Business

Homepage

Vodafone signs $1.5 billion Microsoft deal for AI, cloud and IoThttps://www.reuters.com/business/media-telecom/vodafone-signs-15-bln-microsoft-deal-ai-cloud-iot-2024-01-16/

Be Sure To Read “This Week in AI“

This week’s executive overview and top links are here:
AI News #16: Week Ending 01/19/2024 with Executive Summary and Top 16 Stories

This is an extension of my weekly newsletter, This Week In AI, an executive summary of the top things to know in AI. Each week, I create an accessible overview for laypeople to feel confident they are conversant with the week’s AI developments. I include a curated list of must-click links of the week, to offer everyone a hands-on opportunity to explore the most intriguing updates in artificial intelligence across various categories, including robotics, imagery, video, AR/VR, science, ethics, and more. Beyond the overview, I post these topic-based deeper dives (below). If you haven’t read this week’s overview, I recommend starting there.