AI Edition - It's AI Time - 88 [11-07-2024]

AI Edition - It's AI Time - 88

Everything else you need to know today

Silicon Stake: Japan’s Softbank acquired Graphcore, the UK AI chipmaker, in a deal that may or may not have been worth $500 million.

Administrative Maze: The European Union has published the final text of its AI Act — the world’s first major AI legislation. It’ll go into effect on August 1, with more provisions rolling out into 2026.

Smart Helper: Amazon’s AI shopping assistant, Rufus, is rolling out to all US shoppers. It can help find, compare, and recommend different products on the retailer’s mobile app. 

Doodle Interpreter: Microsoft’s AI Copilot will soon be able to interpret and summarize handwritten notes inside the OneNote app. 

Study Partner: Pearson is bringing new AI tools, including a chatbot and AI-generated practice questions, to dozens of its digital textbooks. Roughly 70,000 students already have access to the new features.

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