AI could replace fast food servers and cooks over the next five to 10 years as the industry rapidly develops solutions to improve sales and efficiency, an AI CEO said. Artificial intelligence advances will allow computer kiosks and robots to replace most fast food jobs within five to 10 years, according to an AI entrepreneur. "This is definitely a watershed moment for artificial intelligence," Valyant AI founder Rob Carpenter told Fox News. "We are going to see AI jump from back-office processing and manufacturing facilities to consumer-facing, front-facing, traditionally human-only jobs." Wendy's announced that it's using Google AI technology at an Ohio location.

Its absence left open a void in Google Play and Apple's App Store, which have been quietly filling with scam apps that sucker users into paying for weekly or monthly subscriptions, according to research from security firm Sophos. The official ChatGPT app, meanwhile, is free, and an Android version is arriving soon. But just because something is free doesn't make it good. Telly TV is offering 55-inch televisions for $0 to the first 500,000 people who join its reservation list. Of course, "free" comes with a catch: The company reserves the right to collect heaps of data about your viewing habits, and the TV includes a built-in camera that can track your movements.

Tredence, the Data Science and AI Solutions company, announced it has raised USD 175 million in Series B funding from Advent International (Advent) to accelerate data-fueled growth and AI value realization for industries. Advent is one of the largest and most experienced global private equity investors. The full financial terms of the agreement have not been disclosed. Advent will acquire a minority stake in Tredence with the $175 million investment. Advent has significant investment experience in the technology services and software sectors.

Synatic, a leader in data integration and automation, has secured an additional $2.5 million in a seed extension funding round led by Allan Gray E-Squared Ventures and UW Ventures. Synatic will use the additional funds to expand market reach in the United States in preparation for Series A funding early in 2023. Participating in the seed extension round are Allan Gray E-Squared Ventures (AGEV), UW Ventures, Adansonia PE Opportunities VCC, and the Endeavor Harvest Fund. AGEV and UW Ventures are leading investment management and venture firms based in South Africa. Adansonia PE Opportunities VCC (APEO) is an African opportunities permanent capital structure based in Singapore.

This strategy differs from standard centralized machine learning methods, which store all local datasets on a single server.

AMP Robotics Corp. ("AMP"), a pioneer in artificial intelligence (AI), robotics, and infrastructure for the waste and recycling industry, has raised $91 million in corporate equity in a Series C financing, led by Congruent Ventures and Wellington Management as well as new and existing investors including Blue Earth Capital, Sidewalk Infrastructure Partners (SIP), Tao Capital Partners, XN, Sequoia Capital, GV, Range Ventures, and Valor Equity Partners. This new round of funding follows a $55 million Series B financing led by XN in January 2021. "Our focus from the outset has been our application of AI-powered automation to economically and sustainably improve our global recycling system" "Advancements in robotics and automation are accelerating the transformation of traditional infrastructure, and AMP is seeking to reshape the waste and recycling industries," said Michael DeLucia, sector lead for Climate Investing, Wellington Management. "By bringing digital intelligence to the recycling industry, AMP can sort waste streams and extract additional value beyond what is otherwise possible." AMP will use the latest funding to scale its business operations while continuing its international expansion.

San Francisco, October 30: Tech giant Google has acquired Alter, an artificial intelligence (AI) avatar startup that was working on using AI to generate avatars for social media users and brands to express their virtual identity. According to TechCrunch, Google buys the startup for about $100 million in an effort to improve its content game and compete with TikTok. The acquisition was completed about two months ago, but neither company made a public announcement. Google To End Support for Windows 7, 8.1 in 2023. Some of the top executives of Alter have updated their LinkedIn profiles to reveal that they have joined Google without acknowledging the acquisition, according to the report.

Schmidt Futures, a philanthropic initiative co-founded by former Google CEO and Chairman Eric ... [ ] Schmidt and his wife Wendy, is expanding its investment in artificial intelligence research. Schmidt Futures announced today that it was investing $148 million to fund the Eric and Wendy Schmidt AI in Science Postdoctoral Fellowship, a program of Schmidt Futures. With this newest funding, Schmidt Futures, a philanthropic initiative co-founded by former Google CEO and Chairman Eric Schmidt and his wife Wendy, has now committed a total of $400 million to support the development of artificial intelligence (AI) for scientific discovery for other advances in technology and engineering fields. According to the announcement, the new funding will initially support about 160 postdoctoral fellows at nine universities around the world to learn and apply AI methods to their research. The fellowship is expected to expand to more institutions and countries in the future.

Alphabet Google is in talks to invest at least $200 million into artificial intelligence startup Cohere Inc., according to people familiar with the matter, another sign of the escalating arms race among large technology companies in the sector. Founded in 2019, Cohere creates natural language processing software that developers can then use to build artificial intelligence applications for businesses, including tools for chatbots and other features that can understand human speech and text. Last November, the company announced a multiyear partnership with Google to have its cloud division supply the computing power needed for Cohere to train its software models. As a part of the negotiations, Cohere also held discussions with chipmaker Nvidia Corp. about a potential strategic investment, the people said. The talks between the companies are still ongoing and could fall apart, some of the people said.