OpenAI, Google & Amazon AI Integration, $7.2M Drone Funding

Recent developments highlight the increasing integration of AI across various sectors. In a significant move for defense, Ukraine is set to receive 33,000 AI-powered drone kits from Auterion, a U.S.-German company, through a U.S. Defense Department deal. These Skynode computers enhance drone autonomy and resistance to jamming. Meanwhile, companies like SM Trading Center and MulfinTradeAi are launching AI-driven tools for smarter trading, offering real-time market alerts and trading signals to investors. On the regulatory front, OpenAI CEO Sam Altman met with members of Congress, including Representative Pablo José Hernández, to discuss AI's impact on jobs, energy, and healthcare. Software companies are adapting to rapid AI advancements by offering shorter trials and demonstrating continuous product improvement to secure deals. Engineers are also working on brain-like AI systems for more efficient drones, backed by $7.2 million in funding from DARPA. BigBear.ai is deploying AI solutions at major airports like LAX and DFW to enhance security and traveler experience, with their backlog increasing by 30% to $384.9 million. Google Chrome is introducing AI-generated summaries for online stores to improve the shopping experience, competing with Amazon's AI shopping tools. However, the surge in AI traffic raises security concerns, with data loss doubling due to unsanctioned AI use. Financial firms like JPMorgan and Robeco are increasingly using AI for tasks such as summarizing earnings calls and aiding investment decisions, marking a significant shift in Wall Street operations.

Key Takeaways

• Ukraine will receive 33,000 AI-powered drone kits from Auterion through a deal with the U.S. Defense Department.
• SM Trading Center and MulfinTradeAi have launched AI-powered tools for smarter trading, providing real-time market alerts and trading signals.
• OpenAI CEO Sam Altman discussed AI's impact on jobs, energy, and healthcare with members of Congress.
• Software companies are adapting to rapid AI advancements by offering shorter trials and demonstrating continuous product improvement.
• Engineers are developing brain-like AI systems for more efficient drones, supported by $7.2 million from DARPA.
• BigBear.ai is deploying AI solutions at LAX and DFW airports to improve security and traveler experience, with a backlog of $384.9 million.
• Google Chrome is adding AI-generated summaries for online stores to enhance the shopping experience.
• Generative AI traffic has increased by 890% in 2024, raising security concerns for businesses due to unsanctioned use and data loss.
• JPMorgan and Robeco are using AI for daily tasks on Wall Street, including summarizing earnings calls and aiding investment decisions.

Ukraine to get 33,000 AI drone guidance systems from US firm

Ukraine will receive 33,000 AI-powered Skynode guidance modules for drones from Auterion, a US-German software company, by the end of the year. The new contract with the Pentagon is much larger than previous ones. The Skynode computer can turn regular drones into autonomous systems that resist jamming and track targets. Auterion's systems will help drone swarms communicate, enhancing Ukraine's defense capabilities. The company is not competing with Ukraine's drone industry but providing software-based warfare solutions.

Ukraine to receive 33,000 AI drone kits in US deal

Ukraine will get 33,000 AI-powered drone kits from Auterion through a deal with the U.S. Defense Department by year's end. These kits, featuring Skynode computers with AI software, cameras, and radios, can convert regular drones into autonomous systems. These drones can resist jamming and track targets from up to one kilometer away. The deal is much larger than previous ones, as Ukraine needs more drones to counter increased Russian aerial attacks. Auterion aims to support Ukraine's drone efforts with software-focused solutions.

SM Trading Center adds AI alerts for smarter investing

SM Trading Center now offers AI-powered market alerts on its platform for investors. The new tool tracks market factors like price, volatility, and volume. Users can set custom alerts for different assets, including cryptocurrencies, stocks, and commodities. The alerts notify users of important market changes, helping them make faster trading decisions. The system sends alerts via the platform, mobile app, email, and push notifications, and user feedback will help improve the alerts.

MulfinTradeAi launches AI app for smarter trading signals

MulfinTradeAi has launched an AI-powered app that gives traders real-time signals for trading commodities and stocks. The app uses machine learning to analyze market data and find profitable trading opportunities. It identifies patterns, analyzes risk, and predicts price movements. The app is popular in Europe and is designed for both new and experienced traders. The app focuses on performance, transparency, and constant innovation to help traders succeed.

Congress discusses AI impacts with OpenAI CEO Sam Altman

Representative Pablo Jos\u00e9 Hern\u00e1ndez and other members of Congress met with OpenAI CEO Sam Altman to discuss the impact of AI. They talked about how AI could affect jobs, energy, the arts, and healthcare. Hern\u00e1ndez said AI presents both challenges and opportunities for Puerto Rico. He stressed the need to prepare for changes in the job market and to use AI to improve different industries.

AI changes software sales long-term deals are harder to get

Software companies are finding it harder to get long-term contracts because of fast changes in AI. Buyers are now cautious and prefer shorter trials because they think software can quickly become outdated. Companies now need to show how quickly their products improve, not just what they can do today. The key is to show a clear plan for future updates and a commitment to keep improving the product. Companies should focus on speed, transparency, and delivering constant value to build trust with buyers.

Brain-like AI systems could make drones more efficient

Engineers are creating brain-inspired computer systems to make AI tools for drones more efficient. They are developing analog hardware based on how the brain's visual system works. This new system uses predictive coding networks, which mimic how the brain makes and updates mental models. The goal is to create AI that uses less energy, which could lead to more efficient self-driving cars and drones. The team will receive $7.2 million from DARPA to develop these systems.

BigBear.ai deploys AI at LAX, DFW airports

BigBear.ai is installing its AI solutions at major U.S. airports like LAX and DFW to improve security and traveler experience. The company's AI tools help with threat detection and speed up processing for travelers. BigBear.ai is also working with Smith Detection to expand its AI products to global markets. The company's backlog increased by 30% to $384.9 million, showing strong demand for its AI-based services.

Google Chrome adds AI summaries for US shoppers

Google Chrome is adding AI-generated summaries of online stores to help shoppers in the U.S. The new feature gives information about a store's reputation for product quality, pricing, and customer service. The AI creates these summaries from reviews from different websites. This feature helps Google compete with Amazon's AI shopping tools. Google is also working on other AI features to improve the shopping experience in Chrome.

AI traffic surge raises security concerns for businesses

Generative AI traffic increased by 890% in 2024, as businesses use more AI tools. This growth creates security risks because of unsanctioned use and new threats. Many companies are managing dozens of AI applications, with some being high-risk. Data loss related to AI has doubled, and unauthorized AI use makes it hard to control sensitive data. Companies need strong security measures to balance AI innovation with safety.

JPMorgan and Robeco use AI in daily Wall Street work

JPMorgan and Robeco are using AI to help with daily tasks on Wall Street. AI is now used to summarize earnings calls, find market problems, write research, and help with investment decisions. JPMorgan uses AI to track how long a portfolio manager holds a stock and sends alerts to help them make better decisions. Robeco uses AI to scan data for new investment ideas and has even launched an AI-driven investment fund. These changes show AI is becoming more important in finance.

Sources

• Ukraine to Receive 33,000 AI-Based Guidance Modules for Drones
• Ukraine to receive 33,000 AI drone kits under US defense deal, FT reports
• SM Trading Center Enhances Platform with AI-Powered Market Alerts for Investors
• Official Launch: MulfinTradeAi App Delivers Intelligent AI-Driven Signals for Traders Worldwide
• Press Release: Rep. Pablo José Hernández Meets OpenAI CEO Sam Altman to Discuss Artificial Intelligence's Impact in Various Sectors
• Selling Software In The AI Age: Why Long-Term Commitments Are Harder To Win Than Ever
• How brain-inspired analog systems could make drones more efficient
• BigBear.ai Deploys AI Solutions at LAX, DFW
• Google Chrome adds AI-powered store summaries to help US shoppers
• 890% surge in generative AI traffic raises new security concerns
• JPMorgan, Robeco Quietly Deploy AI in Daily Wall Street Routines