Top trends from the world of AI

26 June 2023

By: SAMIRA SIDDIQUI

From the release of a Meta AI voice box to US President's gifting PM Modi an AI labelled T-shirt. Here is all you need to know about recent developments in artificial intelligence.

What's buzzing in AI?

– Meta officials agreed to support EU regulations amid increasing AI-related tensions globally. – Tech giants advised to focus on handling sensitive content before August 2023.

1. Meta & OpenAI agreed support for EU regulation on AI

– ‘Voicebox’ tool can help with audio editing, sampling, & noise reduction. – It helps the visually handicapped understand written information.

2. Meta unveils ‘Voicebox’, an AI model for voice

-US President Joe Biden gave Indian PM Narendra Modi a t-shirt during the 'India-US Hi-Tech Handshake event.' -The t-shirt included the quote "The Future is AI" with the second line "America & India."

3. Biden's gift to PM Modi, 'Future is AI' t-shirt

– The UK govt. has unveiled an exciting leap in the realm of AI, with a remarkable $68M investment. – The govt. has introduced an AI research award, offering an impressive annual sum of $1.2M.

4. UK announces funding for promoting 'responsible AI'

-Google aims to use AI to address banking sector issues for recognising & disclosing suspicious activity. -It has decreased false alarms by 60%

5. Google Cloud releases Anti-Money Laundering AI