ChatGPT visits rose 116% year-over-year to 3.7 billion in October 2023. Other AI tools like NotebookLM, Microsoft CoPilot, Perplexity, Claude, and Google's Gemini also saw significant growth. Business leaders are increasingly familiar with generative AI, with 72% using it weekly. Average budgets for generative AI more than doubled to £8.2 million. Many firms are expanding AI teams, with some appointing Chief AI Officers. Concerns about accuracy, privacy, and integration remain.
Nvidia has launched AI Blueprint for video search and summarisation, combining computer vision and generative AI. Part of Nvidia Metropolis, it allows developers to create AI agents that analyse visual data, answer questions, and generate alerts. Major companies are adopting it for various industries. The technology uses vision language models, can be deployed on Nvidia GPUs in different environments, and is available for free testing with production deployment through Nvidia AI Enterprise.
Six security vulnerabilities were found in Ollama, an open-source AI framework for local deployment of large language models. These could enable attacks including denial-of-service, model poisoning, and theft. Four have been fixed in recent versions, but two remain unpatched. With nearly 10,000 internet-facing instances, about 25% are vulnerable. Maintainers suggest using a proxy or firewall to filter exposed endpoints.
Companies across sectors are heavily investing in conversational AI powered by large language models, with some firms projected to spend tens of millions annually. A comprehensive list of 50 companies' AI usage, models, and expenditure has been compiled.
Major tech companies are developing AI-powered augmented reality (AR) devices, expected by 2027. These wearable devices will offer context-aware guidance. Meta has launched AI-powered Ray-Bans and demonstrated prototype AR glasses. Other tech giants are also investing in this technology. The development raises privacy concerns and potential risks of AI-powered manipulation, prompting calls for regulatory focus.
AI agents, acting as autonomous digital employees, are predicted to significantly impact businesses by 2025. Developed by major tech companies, these agents can perform complex tasks, potentially reducing costs and improving efficiency. Companies should prepare to integrate AI agents soon to stay competitive.