March 12, 2025

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AI Revolutionizes Business, Creative Industry, and More

The world of artificial intelligence (AI) continues to evolve at a rapid pace, with breakthroughs in various sectors. From the business world to the creative industry, AI is transforming the way we live and work. In this news brief, we'll delve into the latest developments in AI, covering top executives' discussions on AI, crypto, and global trade, Adobe's AI-powered creative tools, and more.

CONVERGE LIVE Updates: Top Executives on AI, Crypto, and Global Trade

CNBC's CONVERGE LIVE in Singapore brought together top executives from Binance, Ferrari, and OpenAI to discuss the brewing global trade war, the outlook for cryptocurrencies, and the business of sports. Former U.K. Prime Minister David Cameron kicked off proceedings, discussing tariffs, Trump, and the rise in populism in the West. Other notable speakers included CEO Benedetto Vigna, Binance CEO Richard Teng, OpenAI's Oliver Jay, and LIV Golf CEO Scott O'Neil.

Adobe Beats First-Quarter Revenue Estimates

Adobe reported revenue of $5.71 billion, beating estimates of $5.66 billion. The company expects second-quarter revenue to be between $5.77 billion and $5.82 billion, in line with analysts' expectations. Adobe is investing heavily in AI, integrating it into its software to boost the appeal of products like Photoshop. The company's AI and add-on offerings saw annual recurring revenue of $125 million at the end of the quarter, with plans to double this figure in the next three quarters.

Verisma Transforms Release of Information with AI Solutions

Verisma is transforming the release of information (ROI) with innovative AI solutions integrating OpenAI Service, part of Azure AI Foundry. The company's automated ROI system, VRM, requires minimal IT support or software investment, incorporating next-generation technology design with highly trained ROI, IT, legal, and business experts. Verisma is integrating with Azure OpenAI Service to automate request logging, highlight critical requests, and accelerate record retrieval.

New OpenAI Model 'Gets Vibe Right' with Creative Writing

OpenAI's new model has impressed its CEO, Sam Altman, with its creative writing abilities. The model was asked to write a metafictional literary short story about AI and grief, and the result was a story that Altman described as "getting the vibe right." The creative industry is reacting to the development, with some expressing concerns about the use of copyrighted material in AI training.

AI to Fuel Bumper Year for M&A in US Power Sector

Dealmakers expect 2025 to be a bumper year for mergers and acquisitions in the US power industry, driven by the demand for assets to support the growth of data centers for artificial intelligence. Record power demand and projections for electricity consumption for AI have made power generation and infrastructure assets attractive to energy companies, private equity, and institutional investors.

Watch DeepMind's AI Robot Slam-Dunk a Basketball

Google DeepMind has put its Gemini model into robots, allowing them to perform tasks like slam-dunking a miniature basketball through a desktop hoop. The company is working on creating general-purpose robots that can tackle a range of physical tasks without human supervision or preprogramming. The approach comes with safety concerns, given the models' propensity to and .

French Publishers Take Meta to Court Over AI Training

Major publishing and author organizations in France have filed a lawsuit against Meta, accusing the tech giant of using their copyrighted material without permission to train its AI models. The lawsuit alleges that Meta engaged in economic "parasitism" by leveraging protected content to develop its AI tools, particularly its language model, Llama.

Quantum AI UK: A Comprehensive Review of Prime Quantum AI Trading Platform

Quantum AI UK has gained attention in the trading world, particularly in the UK, with its technology-driven trading platform that claims to leverage quantum computing and artificial intelligence to enhance trading strategies. The platform offers features like advanced AI algorithms, automated trading, user-friendly interface, and risk management tools, making it appealing to traders.

Key Takeaways

  • AI is transforming various sectors, from business to the creative industry.
  • Top executives are discussing AI, crypto, and global trade at CONVERGE LIVE in Singapore.
  • Adobe is investing heavily in AI, integrating it into its software to boost the appeal of products like Photoshop.
  • Verisma is transforming the release of information with AI solutions integrating OpenAI Service.
  • OpenAI's new model has impressed its CEO with its creative writing abilities.
  • AI is expected to fuel a bumper year for M&A in the US power sector.
  • Google DeepMind is working on creating general-purpose robots that can tackle a range of physical tasks.
  • French publishers have filed a lawsuit against Meta over AI training, alleging economic "parasitism."
  • Quantum AI UK's Prime Quantum AI Trading Platform offers features like advanced AI algorithms, automated trading, and risk management tools.

Sources

Artificial Intelligence AI Breakthroughs Adobe AI OpenAI AI in Business AI in Creative Industry