Category AI News

Study finds minimal impact of generative AI like ChatGPT on jobs and wages in Denmark; analysis of 11 occupations from 2023-2024 shows only 2.8% time savings, challenging claims of economic disruption and transformation

Generative AI is not replacing jobs or hurting wages at all • The Register

Study finds generative AI like ChatGPT has minimal impact on wages and job replacement across 11 occupations in Denmark, 2023-2024, challenging claims of economic transformation. Users report only 2.8% time savings, with unclear economic benefits for workers. Source: theregister.com

Google introduces AI-driven language tools in Google Labs, featuring “Tiny Lesson” for vocabulary, “Slang Hang” for colloquial speech, and “Word Cam” for object identification, leveraging its Gemini model to support 23 languages for personalized learning experiences

Google unveils three AI language tools for personalized learning, using its Gemini model. “Tiny Lesson” offers situational vocabulary, “Slang Hang” teaches colloquial speech, and “Word Cam” identifies objects via camera. Supports 23 languages, accessible through Google Labs. Source: techcrunch.com

Mastercard debuts Agent Pay, integrating OpenAI and Anthropic into its network for seamless AI-driven transactions, with partnerships from Microsoft and IBM; utilizes tokenization and AI for secure workflows and fraud prevention without window switching

Mastercard launches Agent Pay, integrating AI platforms like OpenAI and Anthropic into its payment network, enabling seamless in-window transactions. Partnering with Microsoft, IBM, and others, Mastercard uses tokenization and AI for secure, efficient agentic workflows and fraud detection. Source: venturebeat.com

Meta introduces AI chatbot app and Llama API at LlamaCon, challenging OpenAI’s market hold; app includes social sharing, while API eases Llama model use. Meta’s open model strategy aligns with EU AI Act advantages over closed systems.

Meta launches AI chatbot app and Llama API at LlamaCon, targeting OpenAI’s dominance. The consumer app features social sharing, while the developer API simplifies Llama model integration. Meta pushes open models, aligning with EU AI Act benefits against closed providers…

Google AI podcast tool now supports 50 languages, including Spanish, Zulu, and Afrikaans, powered by Gemini 2.5 Pro; new “Output Language” feature in NotebookLM enables dynamic language changes for audio and chat, enhancing content creation and translation

Google’s AI podcast tool expands to 50 languages, including Spanish, Zulu, and Afrikaans, powered by Gemini 2.5 Pro. New “Output Language” option enhances NotebookLM, allowing dynamic language changes for audio and chat responses, aiding content creation and translation. Source: zdnet.com

Meta and Cerebras Systems introduce Llama API achieving 2,600 tokens per second, outperforming GPU solutions by up to 18x, as Meta seeks to commercialize Llama models and compete with OpenAI and Google in AI inference.

Meta partners with Cerebras Systems to launch a Llama API delivering 2,600 tokens/second, exceeding GPU solutions by up to 18x. Transforming Llama models into a commercial service, Meta aims to challenge OpenAI and Google in AI inference. Source: venturebeat.com

Freepik debuts F Lite, an AI image generator with 10B parameters, trained on 80M licensed images using 64 Nvidia H100 GPUs; developed with Fal.ai, it offers standard and texture versions, similar to Adobe and Shutterstock’s AI tools.

Freepik launches F Lite, an AI image generator trained on 80M licensed images, using 64 Nvidia H100 GPUs. With 10B parameters, F Lite offers standard and texture versions. Developed with Fal.ai, it joins peers like Adobe and Shutterstock in AI…