As part of its spring product release, Yelp has added Yelp Assistant, an AI feature designed to connect consumers with relevant business professionals. The chatbot leverages OpenAI language models along with Yelp data to find the right fit and can interactively quiz users to learn more about their project and needs. Available on iOS (with plans for Android later this year), Yelp’s move is part of a trend using artificial intelligence to provide operational help managing households and life tasks. For example, the California-based energy intelligence firm Bidgely is now using AI to generate individualized consumer profiles on energy usage. Read more
Responding to a government assessment of recent cyberattacks, Microsoft CEO Satya Nadella issued a company-wide memo prioritizing security. “If you’re faced with the tradeoff between security and another priority, your answer is clear: Do security,” the executive wrote. “In some cases, this will mean prioritizing security above other things we do, such as releasing new features or providing ongoing support for legacy systems,” Nadella added. The escalation sees Microsoft expanding the scope of its Secure Future Initiative based on government recommendations and insights gained from breaches linked to state-sponsored Russian hackers. Read more
Samsung Electronics grew net profit by more than 400 percent in Q1, to $4.91 billion, on revenue of about $52.3 billion, a nearly 13 percent increase year-over-year. The results were credited mainly to higher memory chip prices resulting from AI demand buoying the company’s semiconductor business. Solid performance in smartphones — with the launch of its Galaxy S24 series, the first to pack AI-optimized chips — supported the stellar performance. It was a dramatic rebound from 2023, when post-COVID economic fallout drove Samsung to a 15-year profit low and semiconductor losses of almost $11 billion. Read more
Amazon has pulled the plug on CodeWhisperer, which has been incorporated into its Q Developer product, announced at November’s re:Invent as part of an AI-powered AWS enterprise suite called Amazon Q, which also includes Q Business. Both Q Developer, which enables natural language coding, and Q Business, a data-driven productivity tool are now in general release, and Q Apps has just been added in preview, letting employees “build generative AI-powered apps from their company’s data, without any prior coding experience.” The move comes as Amazon seeks to gain ground on the Microsoft-owned GitHub’s AI coding products. Read more
Anthropic has launched a paid tier catering to business customers as well as a free mobile app for iOS users featuring its chatbot Claude. The generative AI startup — which has backing from Amazon, Google and Salesforce — is positioning itself to compete with companies like OpenAI, Google and Microsoft that focus on enterprise plans for revenue while also offering individual plans. Anthropic’s Team plan starts at $30 per user per month, on par with competing enterprise products, and requires a minimum of five seats. Anthropic has been beta testing Team over the past few quarters in industries including legal, tech and healthcare. Read more