Chinese tech giant Baidu has formed a strategic partnership with South Korean multinational manufacturing company Samsung, to integrate its Ernie Chatbot into the recently launched Galaxy S24 smartphone.
This partnership will see Samsung use Baidu’s advanced Ernie model to add new tools and functions to its smartphone. The updated Samsung Note Assistant, powered by Ernie, now offers content translation and summarization into organized formats, which can quickly change content into shorter easy-to-understand formats with just a press of a button.
The inclusion of Baidu’s ERNIE model in the Galaxy S24 Series opens up a world of advanced AI functionalities previously unseen in smartphones. Users can now benefit from real-time call translation, enabling seamless communication with individuals from different cultural backgrounds.
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Additionally, the AI chatbot empowers the device to generate detailed summaries of articles, web pages, and documents with utmost accuracy, simplifying research and information gathering.
Announcing its partnership with Baidu, Samsung said via a statement,
“Now featuring Ernie’s understanding and generation capabilities, the upgraded Samsung Note Assistant can translate content and also summarize lengthy content into clear, intelligently organized formats at the click of a button, streamlining the organization of extensive text”.
With the launch of the Ernie 4.0 version in October last year, Baidu claims it is the most powerful version of the Ernie foundation model to date, which has the full capabilities of understanding, generation, reasoning, and memory, claiming that the chatbot capabilities are as advanced as that of OpenAI’s GPT-4 model.
This strategic collaboration between Baidu and Samsung signifies a major step forward in AI integration within smartphones. By leveraging the power of Baidu’s ERNIE model, Samsung has crafted a device that exemplifies the harmonious blending of diverse AI technologies.
It is understood that the South Korean multinational manufacturing conglomerate has ushered in the era of Artificial Intelligence (AI) on smartphones, with the latest launch of the extraordinary Galaxy S24 Ultra
Unveiled at the Galaxy Unpacked 2024, the S24 Ultra comes with several AI features aimed at enhancing use, especially the phone’s most fundamental role, communication.
With the launch of the remarkable S24 ultra, Samsung looks to leapfrog Apple with AI enhancements to Galaxy smartphones that will ‘reshape the technology landscape’ The sales pitch for the recently launched Galaxy S24 phones revolves around an array of new features powered by artificial intelligence.
Besides featuring some of Samsung’s own work in AI, the Galaxy S24 lineup will be packed with some of the latest advances coming out of Google.
PayPal Integrates AI Features on Platform to Streamline And Expedite Transactions For Customers
American multinational financial technology company operating an online payments system, PayPal, has integrated several Artificial Intelligence (AI) features, to streamline and expedite transactions for customers.
The company via an announcement on
Thursday, disclosed that it will be launching six new additional features on the platform that will utilize AI to help merchants increase sales, make the checkout process more efficient, and give personalized offers to each customer.
Furthermore, the app is getting a new “CashPass” feature that gives customers access to hundreds of personalized cash-back offerings called “Smart Receipts”, with personalized recommendations, enhanced checkout, and guest experiences.
PayPal added that the Smart Receipts feature will be able to track customer’s purchases and harness AI to predict what they may want to buy next from the merchant.
Another feature that will integrated into the platform is the advanced offers platform that will enable merchants to use customers’ shopping data and reach customers based on what they have bought across the internet, down to the stock-keeping unit (SKU) and the individual product.
The financial technology company is also building transparent, easy-to-use privacy controls so if a customer does not want their data shared with merchants to personalize their shopping experience, they can opt in or out.
There will also be the roll-out of a new feature called “Fastlane” service that offers a one-click guest checkout experience that will allow users to make quick purchases on Merchant websites that use PayPal’s platform.
PayPal notes that the standard guest checkout experiences are slow and require users to update their credit card information and shipping address. Customers will soon be able to save their information with Fastlane to check out in one tap. They won’t need to enter a username or password or update their personal information.
Announcing the integration of several AI features to the platform, President and CEO of PayPal Alex Chriss via a statement,
“PayPal is introducing six new innovations that will not only solve customer pain points, but we believe will change the world of payments and commerce. From New solutions for merchants to speed up checkout and personalize offers, to a new customer app that will give our loyal customers more reasons to shop with PayPal, to the next generation of Venmo designed to be the growth for local small businesses, PayPal has always brought the future of money to our consumers and merchants and today marks the next revolution”.
With the introduction of AI features to PayPal, investors hope the new management under Alex Chriss who resumed position last year September, will revive PayPal’s stock, which is down more than 22% from January 2023 due to margins that have underwhelmed investors.
Chriss has described 2024 as a “transition year” for PayPal and has promised to grow revenues beyond transaction-related volume.