Cohere has secured funding to advance its agentic AI technology. The company plans to use the funds to improve operational efficiency for businesses and governments. Joelle Pineau, former Meta's Vice President of AI Research, has been appointed as Chief AI Officer, while Francois Chadwick, former CFO at Uber and Shield AI, will lead the company as Chief Financial Officer.
Cohere, an AI startup, has faced legal challenges similar to its rivals despite focusing on business clients and prioritizing security. In a recent lawsuit by the News Media Alliance, Cohere was accused of copyright infringement after allegedly training its model on at least 4,000 copyrighted works. The company's approach to using internal data and running workloads on premises may not be enough to avoid similar legal issues.
US authorities have secretly embedded location tracking devices in shipments of servers from Dell and Supermicro, which include chips from Nvidia and AMD, to detect artificial intelligence chips being diverted to China under US export restrictions. The trackers are used in targeted shipments under investigation and could help build cases against those who profit from violating US export controls.
The National Trades Union Congress' Employment and Employability Institute (e2i) has seen over 7,000 jobseekers use artificial intelligence tools since April 2024 to build resumes and practice for interviews. A new portal called the AI Career Coach is being trialled to help users better understand the job market and apply for suitable roles, particularly targeting first-time jobseekers.
Eightfold AI has achieved the ISO/IEC 42001:2023 certification, a milestone in its commitment to responsible AI practices. The company's security and governance measures are designed to minimize risk and protect customer data, following industry standards that prioritize confidentiality, integrity, and availability. This certification complements Eightfold's existing FedRAMP Moderate Authorization and DISA IL4 Provisional Authorization, supporting global enterprises and public sector organizations in their adoption of secure AI systems.
eSelf, a global leader in conversational AI avatars, has completed a national pilot with the Center for Educational Technology (CET) and Harvard University's MIT Media Lab. The initiative helped thousands of Israeli students improve their scores on the National English Oral Matriculation Exam by an average of 4% through simulated exams. Students who spent over 25 minutes with the AI avatar experienced greater improvement. Harvard's Dr. Abel Sanchez validated the learning outcomes, while eSelf's CEO, Alan Becker, stated that practice with a smart digital tutor delivers measurable and targeted improvement in student confidence as well.
Fabrix.ai has set a new industry standard with its operational maturity and real-world integration of an AI-driven operations platform. The company's Agentic AI Operational Intelligence Platform has received recognition from Enterprise Management Associates (EMA) for advancing enterprise-ready agentic artificial intelligence operations. This breakthrough platform architecture delivers autonomous operations through multi-agent workflows, redefining operational intelligence in complex enterprise environments.
Law firms must adapt to the changing landscape of hourly billing, as technology offers opportunities to deliver superior client value. The Federal Circuit has expressed skepticism towards claims that use machine learning in a way that doesn't improve computer functionality or another field of technology. A membership program designed for legal professionals aims to provide revenue and profit growth. A former Miami Dolphins coach's lawsuit can proceed to trial, while Kirkland & Ellis' Frankfurt office is seen as a strategic move. Alfred Ip has been recognized as "Private Client Lawyer Of The Year," and Anselmi & Carvelli, LLP has welcomed Timothy M. Donohue as a white-collar criminal defense attorney. Microsoft and LegalFLY have collaborated to bring privacy-first legal AI to enterprise clients.
Foxconn's top-quarter net profit is estimated at T$38.8 billion ($1.30 billion), up from last year, due to strong demand for AI products. The company reported record revenue in the second quarter but warned of geopolitical and exchange rate headwinds. Foxconn has a significant manufacturing presence in China, but is diversifying production to India, Mexico, and Texas to make iPhones for Apple and AI servers for Nvidia. Despite this, the company's outlook for the year may be impacted by global trade uncertainty, with its July sales report cautioning on "evolving global political and economic conditions".