AI News, November 25th, 2024
Here are three recent developments in AI technology as of November 25, 2024:
Nvidia Unveils Fugatto AI Model for Audio Transformation:
Nvidia has introduced Fugatto, an advanced AI model designed for professionals in music, film, and video game production. Fugatto enables users to modify voices and generate novel sounds, such as converting a piano melody into a human voice or altering accents and moods in spoken text. Despite its capabilities, Nvidia is withholding public release due to concerns over potential misuse, including misinformation and copyright infringement. Reuters
Niantic Utilizes Player Data to Train AI Models:
Niantic, the developer behind Pokémon Go, has disclosed the use of players' location and augmented reality (AR) data to train its Large Geospatial Model (LGM) AI. This data collection, which occurs even when the app isn't active, aims to build spatial intelligence for future technologies like AR glasses and autonomous systems. While Niantic asserts that personal data remains protected and data collection is optional, this practice raises privacy concerns regarding the use of detailed geospatial information. The Scottish Sun
Analyst Upgrades Snowflake and Elastic Amid AI Software Expansion:
Wedbush analyst Daniel Ives has upgraded Snowflake and Elastic from neutral to outperform, citing a burgeoning AI battlefield in software. Ives anticipates a shift in AI focus from hardware to software applications, predicting a surge in enterprise AI use cases starting in 2025. Snowflake's price target is set at $190, while Elastic's is at $135, reflecting optimism about their potential to capitalize on AI advancements. Investors
