Search
Close this search box.

Gen AI Innovations Weekly: Exploring the Top Generative AI Developments

In the rapidly evolving landscape of Generative AI, this week's top headlines showcase a diverse range of companies harnessing the power of artificial intelligence to drive innovation across various industries.

In the rapidly evolving landscape of Generative AI, this week’s top headlines showcase a diverse range of companies harnessing the power of artificial intelligence to drive innovation across various industries. From telecommunications and healthcare to enterprise automation and developer tools, organizations are leveraging Generative AI to enhance productivity, streamline operations, and revolutionize customer experiences. This trend reflects a broader movement towards AI-driven solutions as companies seek to stay competitive in an increasingly digital and data-driven world.

Let’s delve into the top Generative AI news for the week, where we’ll explore the innovative advancements and strategic partnerships shaping the landscape of AI-driven solutions.

1- Amdocs Expands Strategic Partnership with Microsoft, Driving Generative AI Innovation Across the Telecommunications Industry

Amdocs, a leading provider of software and services for communications and media companies, has announced a strategic partnership with tech giant Microsoft. This collaboration aims to revolutionize the telecommunications sector by combining Amdocs’ amAIz platform with Microsoft Azure OpenAI Service. By merging these technologies, the partnership seeks to deliver customized generative AI capabilities tailored specifically for communications service providers (CSPs). 

2- Jasper Advances Generative AI Capabilities with Clipdrop Acquisition

Jasper, a prominent generative AI app company, has sealed a deal to acquire Clipdrop, an AI image creation and editing platform, from Stability AI. This acquisition reaffirms Jasper’s dedication to offering holistic solutions for enterprise marketing teams, enabling them to thrive in content creation and campaign management.

3- DeepScribe and AWS Collaborate to Pioneer AI-Driven Healthcare Documentation with GenAI

DeepScribe, a leader in AI-powered medical scribe technology, has partnered with Amazon Web Services (AWS) to pioneer the use of Generative AI (GenAI) in healthcare documentation. This groundbreaking collaboration seeks to transform clinical workflows, enhance patient care, and drive innovation in the healthcare sector. By leveraging DeepScribe’s cutting-edge GenAI technology and AWS’s advanced infrastructure, the partnership aims to streamline processes and empower healthcare providers with highly accurate and customizable clinical documentation. 

4- Dolbey Unveils AI Assist: Revolutionizing Healthcare Workflow Automation with Generative AI

Dolbey, a frontrunner in healthcare technology solutions, has unveiled AI Assist, an innovative extension of Fusion Narrate powered by nVoq. This pioneering solution places generative AI at the forefront of healthcare workflow automation, offering substantial enhancements in productivity and efficiency for healthcare providers.

5- AVIA’s Generative AI Strategic Collaborative Propels Healthcare Innovation Towards Gen AI

AVIA, a frontrunner in healthcare digital transformation, has unveiled the six-month milestones of its Generative AI Strategic Collaborative. This pioneering initiative, backed by 29 leading health systems and industry partners including the American Hospital Association and the Children’s Hospital Association, aims to accelerate the safe and effective integration of healthcare AI.

6- Tungsten Automation Launches Generative AI Capabilities to Drive Faster Returns on Investment

Tungsten Automation, formerly Kofax, a leader in Intelligent Automation software, unveils TotalAgility® 8, its latest flagship platform. This release integrates pioneering Generative AI enhancements, enabling organizations to achieve accelerated returns on investment (ROI). TotalAgility 8 empowers businesses to enhance agility, improve back-office efficiency, and foster human-machine collaboration.

7- Wonolo Utilizes Salesforce Generative AI to Elevate Service Agents and Empower Workers

By integrating Salesforce’s Einstein AI into its customer service operations, Wonolo aimed to boost agent efficiency and improve worker experience. Leveraging Service Cloud generative AI, Wonolo saw significant reductions in handling times for both new (20%) and experienced agents (12%). This led to more consistent service quality and empowered agents, requiring less oversight and enhancing overall efficiency and customer satisfaction.

8- EXL Partners with AWS to Accelerate Generative AI Solutions Deployment

EXL, a data analytics and digital operations solutions company, collaborates with Amazon Web Services (AWS) to introduce tailored generative AI solutions. Developed using EXL’s AI workbench and AWS’s infrastructure, these solutions empower organizations across industries to enhance decision-making and operational efficiencies by optimizing processes and driving innovation.

9- Mphasis Unveils DeepInsights Doc AI: Empowering Enterprises with Generative AI

Mphasis, a global IT services leader, introduces DeepInsights Doc AI, a pioneering cognitive intelligence platform driven by generative AI. This solution aims to transform document processing for enterprises by extracting context-specific information from diverse document formats, seamlessly integrating actionable insights into downstream IT systems. DeepInsights Doc AI offers a customized Large Language Model (LLM) solution tailored to enterprise needs, encompassing Information Extraction, Discovery, Context-Aware Search, and Insight Generation with Recommendations. Noteworthy is its ability to be self-hosted within enterprise clouds, ensuring flexibility and security.

10- Yellow.ai Launches Email Automation: Revolutionizing Customer Support with Generative AI

Yellow.ai, a global leader in generative AI-powered customer service automation, has launched Email Automation to efficiently handle high volumes of email-based support inquiries. This innovative solution, leveraging generative AI, autonomously manages 80% of incoming email queries, ensuring quick and accurate responses 24/7. Addressing the challenge of email support, Yellow.ai’s Email Automation enhances customer experience by providing effective email-based support, mitigating the risk of financial repercussions from unanswered or inadequately addressed inquiries.

11- Cohesity Unveils Cohesity Gaia: A Breakthrough in AI-Powered Data Search

Cohesity introduces Cohesity Gaia, the industry’s first generative AI-powered conversational search assistant, enhancing data management with advanced AI capabilities. Scheduled for release on March 15, Cohesity Gaia integrates RAG AI and LLMs to efficiently transform secondary data into actionable knowledge within the Cohesity Data Cloud. This innovation enables conversational search experiences across cloud and hybrid environments, providing deeper insights for informed decision-making regardless of data storage location.

12- ServiceNow, Hugging Face, and NVIDIA Collaborate to Launch Open-Access LLMs for Code Generation

ServiceNow, Hugging Face, and NVIDIA unveil StarCoder2, a family of open-access large language models (LLMs) for code generation. Developed by the BigCode community, this collaboration aims to revolutionize generative AI with enhanced performance and transparency. StarCoder2 empowers developers with advanced tools trained on various programming languages, facilitating tasks like source code generation and text summarization. With its customizable capabilities, StarCoder2 promises to accelerate innovation and productivity across industries.

13- Stack Overflow and Google Cloud Announce Strategic Partnership to Bring Generative AI to Millions of Developers

Stack Overflow and Google Cloud have announced a strategic partnership to revolutionize developer productivity and innovation. This collaboration integrates Google Cloud’s advanced AI technology with Stack Overflow’s developer knowledge platform, aiming to provide millions of developers worldwide with cutting-edge AI-powered capabilities.

14- Lighthouse Unlocks the Power of Generative AI with Launch of Smart Summaries for Hotels

Lighthouse, a leading commercial platform for the travel & hospitality industry, introduces Smart Summaries, a groundbreaking feature within its Business Intelligence solution. Powered by generative AI, Smart Summaries simplify complex data sets into concise daily performance summaries for hotel commercial teams, revolutionizing revenue decision-making. Harnessing the potential of generative AI, Lighthouse enhances the quality and speed of quantitative data analysis for Revenue Managers, marking a significant advancement in the industry.

15- Seeq Unveils Seeq AI Assistant to Drive Industrial Innovation

Seeq introduces the Seeq AI Assistant within its industrial analytics platform, leveraging generative AI (GenAI) to offer real-time assistance for mastering the platform and fostering operational excellence. This groundbreaking resource addresses industry challenges by tackling skills shortages and organizational silos that impede analytical insights crucial for growth and innovation. By empowering industrial companies to maximize their workforce potential, the AI Assistant plays a pivotal role in accelerating progress and driving sustainability in the field of advanced analytics.

16- NeuralFabric Launches Groundbreaking Micro-Foundation Models in Generative AI

NeuralFabric, led by a team of former Microsoft platform engineers and executives, is at the forefront of introducing high-performance Micro-Foundation Models in Generative AI. With an impressive pre-seed raise of $5M USD, NeuralFabric aims to revolutionize AI model development. By partnering with Fortune 1000 organizations and startups, the company seeks to democratize access to AI, reshaping the landscape of the industry.

Picture of Anshika Mathews
Anshika Mathews
Anshika is an Associate Research Analyst working for the AIM Leaders Council. She holds a keen interest in technology and related policy-making and its impact on society. She can be reached at anshika.mathews@aimresearch.co
Subscribe to our Latest Insights
By clicking the “Continue” button, you are agreeing to the AIM Media Terms of Use and Privacy Policy.
Recognitions & Lists
Discover, Apply, and Contribute on Noteworthy Awards and Surveys from AIM
AIM Leaders Council
An invitation-only forum of senior executives in the Data Science and AI industry.
Stay Current with our In-Depth Insights
The Biggest Exclusive Gathering Of CDOs & Analytics Leaders In United States

MachineCon 2024
26 July 2024, New York

MachineCon 2024
Meet 100 Most Influential AI Leaders in USA
Our Latest Reports on AI Industry
Supercharge your top goals and objectives to reach new heights of success!

Cutting Edge Analysis and Trends for USA's AI Industry

Subscribe to our Newsletter