Tata Consultancy Services (TCS) has partnered with Salesforce to ride the AI boom, which is expected to benefit semiconductor chip suppliers by providing them with access to advanced technologies and expertise. The partnership aims to leverage AI and cloud computing to enhance customer experiences and drive business growth for TCS clients in the semiconductor industry.
https://www.livemint.com/companies/news/tcs-partners-with-salesforce-to-tap-on-ai-boom-how-will-it-benefit-semiconductor-chip-suppliers-11740070244877.htmlThe Virginia legislature has passed a law restricting the use of artificial intelligence (AI) by private businesses, with specific provisions to be implemented in the coming months. The new regulations aim to ensure transparency and accountability in AI decision-making processes, particularly in areas such as employment and hiring practices. The legislation is part of a growing trend of government intervention in the development and deployment of AI technology.
https://news.bloomberglaw.com/ip-law/ai-anti-discrimination-legislation-passes-virginia-statehouseThe Virginia state legislature has passed a law restricting the use of artificial intelligence (AI) by private businesses, with the aim of protecting consumer data and preventing potential biases in AI decision-making systems. The legislation is seen as a response to growing concerns over the increasing reliance on AI technology in various industries, including finance and healthcare.
https://news.bloomberglaw.com/artificial-intelligence/ai-anti-discrimination-legislation-passes-virginia-statehouseSingapore is set to experience a new wave of artificial intelligence, with the government aiming to make AI more accessible and beneficial for everyday life. The upcoming Budget 2025 has proposed various measures to support businesses, including income tax concessions and GST remission for Real Estate Investment Trusts (Reits). However, not all Small and Medium-sized Enterprises (SMEs) may benefit equally from these measures. Reits, banks, and grocery stores are expected to be among the potential winners of Budget 2025's business support measures.
https://www.businesstimes.com.sg/singapore/budget-2025-national-productivity-fund-top-should-help-draw-mncs-singapore-say-observersChinese companies across various sectors, including telecom operators China Mobile, China Unicom, and China Telecom, as well as smartphone makers Huawei, Vivo, and Oppo, are integrating DeepSeek's AI models into their services. Tech giants like Tencent have also partnered with the app, allowing users to search via its AI model through Weixin messaging app. Chinese automakers such as BYD and Leapmotor plan to develop cars fitted with DeepSeek AI features. Additionally, over 20 Chinese brokers and fund managers have started integrating DeepSeek models into their businesses, potentially changing how they conduct research, manage risks, and interact with clients.
https://channelnewsasia.com/east-asia/deepseek-ai-china-companies-government-jobs-impact-concerns-4949421Chipotle is implementing Ava Cado, an AI-powered recruitment tool, to aid in its massive hiring effort of 20,000 workers. The system will assist with tasks such as conversing with candidates, answering questions about the company, and scheduling interviews for hiring managers. Once selected by managers, Ava Cado will also send job offers to the chosen candidates.
https://nypost.com/2025/02/20/business/chipotle-will-use-ai-to-hire-20000-workers-for-burrito-season/DeepSeek has introduced a software workaround to reduce China's reliance on Nvidia's AI hardware, leading to a 20% decline in Nvidia's stock price since the release of its R1 model. In response, Alibaba surged by 54%, Baidu by 12%, and Tencent by 31%. This development aligns with China's AI independence strategy under President Trump's administration. Alibaba has launched its Qwen2.5-Max model, which claims significant efficiency improvements, while Baidu and Tencent continue to develop their own AI models, ERNIE and Hunyan, signaling intensified competition in the Chinese AI sector.
https://www.prnewswire.com/news-releases/gimme-credit-report-unveils-critical-insights-into-chinas-ai-breakthrough-deepseeks-r1-model-disrupts-the-industry-challenges-us-dominance-302380941.htmlElon Musk's plans for AI in government have raised concerns about trust and transparency. Musk has been posting updates on his social media platform X, where he's also working on an AI startup. In Malaysia, Google's products are being used to demonstrate the potential of AI in government work. Some scientists claim that AI is being used to detect "forbidden words" in federal research funding applications, while others suggest a custom AI chatbot for the US General Services Administration. Critics argue that AI is not yet ready to govern and that human decision-making is essential for writing policies and implementing them. A more cautious approach, like Malaysia's use of "gen AI assistants" to assist civil servants without replacing them, may be more effective in the long run.
https://www.thestar.com.my/business/insight/2025/02/21/what-musks-doge-can-learn-from-malaysiaGoogle has rolled out its Gemini app for iPhone, allowing users to access the Gemini Live voice assistant, premium image generator, and links to other Google services in a single conversation. This move is part of tech companies' efforts to capture mainstream users seeking AI tools for everyday tasks on their phones. Companies like Noiz are leveraging AI-powered apps with features such as chatbots, photo editing, and writing assistance to convert casual users into paying subscribers. Alphabet CEO Sundar Pichai noted that AI drives user engagement and growth, citing a positive user satisfaction launch in search that is increasing overall search usage.
https://www.pymnts.com/google/2025/google-removes-gemini-from-google-app-for-ios-devices/