fwb
3 days ago
If you have to ask,,,,,,,
Don't buy........
Do MORE RESEARCH.
Not all AI have a Future....
Look at those that will help with the Day to day Problems in society.....
Companies that work with Gov and Business to help improve their goals.....
JMO
MagicSchoolBus DropOut
4 days ago
Ah, the stock market—a place where fortunes rise and fall faster than a squirrel on a caffeine binge!
So, here’s my tale: I had this stop limit buy at $3.50, right? But then it decided to take a detour to $3.88. It’s like ordering a pizza with extra cheese and getting a salad instead.
Now, I’m out, but I’ve got my trusty belief hat on. I’ve been eyeing this stock, thinking, “Hey, maybe it’ll cool off to a level where I can jump back in.”
It’s like waiting for the perfect wave—you don’t want to wipe out, but you also don’t want to miss the ride.
And let me tell you, SOUN? It’s shining brighter than a disco ball at a robot dance party!
But hey, the AI market is doing its own cha-cha too. Did you know it’s projected to reach a whopping $407 billion by 2027? That’s like buying a ticket to the future!
And AI’s economic impact? It’s strutting in like a boss, contributing 21% net increase to the U.S. GDP by 2030.
But watch out—over 75% of consumers are side-eyeing AI, worried about misinformation.
Meanwhile, ChatGPT is the life of the party, with 1 million users in its first five days!
And self-driving cars? Buckle up, because 10% of vehicles will be channeling their inner KITT from Knight Rider.
Businesses are doing the productivity tango, expecting AI to boost their game by 64%.
Voice search? Oh, it’s the cool kid on the block—50% of U.S. mobile users are all ears!
And that annual growth rate? AI’s strapping on rocket boots, aiming for 37.3% between 2023 and 2030.
So, my friend, keep those eyes peeled. AI’s like a shooting star—it’s here to dazzle and transform our world!
-MSBDO
fwb
5 days ago
Now we Know why SOUN did what they Did in teaming up with Perplexity AI
SoundHound Chat AI Launches in Peugeot, Opel, and Vauxhall Vehicles Throughout Europe
Perplexity AI founded in 2022 by former members of OpenAI, Meta, Quora, Bing and Databricks, Perplexity AI is the builder of the world’s first generally available conversational answer engine that draws from credible sources in real-time and directly answers users’ questions with sourcing and citations. The company’s mission is to give people access to concise and trustworthy information.
Aristotle: 'The whole is more than the sum of its parts.'
tw0122
4 weeks ago
One 2023 TikTok, appears to show the drive-thru assistant place order after order of McDonald’s chicken nuggets on one car’s tab, despite the customers asking it to stop while laughing. Additional posts show an array of other mishaps — such as it adding strange extras, like ice cream with ketchup and butter, or picking up orders from other nearby cars.
Unnamed sources familiar with the technology told CNBC that the technology has had difficulty interpreting different accents and dialects, among other challenges affecting order accuracy.
McDonald's declined to comment about the automated order taker's accuracy. In an initial statement, IBM said that “this technology is proven to have some of the most comprehensive capabilities in the industry, fast and accurate in some of the most demanding conditions," but did not immediately respond to a request for further comment about specifics of potential challenges.
The Armonk, New York-based tech company also said that it is currently “in discussions and pilots” with several other quick-serve restaurant clients interested in the automated order taker.
According to trade publication Restaurant Business and CNBC, which obtained a memo sent to franchisees last week, the automated order technology will be shut off in McDonald's locations testing it “no later than July 26, 2024.”
Both IBM and McDonald’s maintained that, while their AI drive-thru partnership was ending, the two would continue their relationship on other projects. McDonald's said that it still plans to use many of IBM’s products across its global system.
In December, McDonald's launched a multi-year partnership with Google Cloud. In addition to moving restaurant computations from servers into the cloud, the partnership is also set to apply generative AI “across a number of key business priorities” in restaurants around the world.
dletizia
4 weeks ago
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White Castle is taking drive-thru orders using an AI voice system that claims to be more accurate than a human
Grace Dean
Jun 17, 2024, 9:31 AM ET
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Read in app?Drew Angerer/Getty Images
White Castle uses SoundHound's voice AI system to take drive-thru orders at 15 restaurants.
White Castle says the aim is to free up time for staff and make sure customers don't feel rushed placing their orders.
SoundHound, which also works with Panda Express and Chipotle, claims that its tech is "more accurate than a human."
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Go to a White Castle restaurant in St Louis, Cincinnati, or Merrillville Indiana, and you may have the option to place your order with someone called Julia.
Julia isn't a cashier, though. Julia is a voice AI.
White Castle is just one in a long line of restaurant chains toying with drive-thrus powered by voice-recognition AI. Chains such as Taco Bell, McDonald's, and Checkers & Rally's have all tested or introduced voice AI drive-thrus.
The aim is to use the tech to free up workers' time so restaurants can either reallocate staff away from order-taking to roles that can't be automated or simply cut their labor costs by reducing the number of workers they need to operate.
But voice AI drive-thrus are far from achieving widespread adoption.
Firstly, they still make mistakes. Last year, restaurant-tech company Presto Automations revealed in an SEC filing that over 70% of its voice AI orders required assistance from off-site human workers. And McDonald's was mocked on TikTok over issues with its voice AI-powered drive-thrus. McDonald's is ending its test with IBM and pulling the technology from its restaurants.
And some critics fear that widespread use of AI at restaurants will ultimately put workers out of jobs, too.
White Castle started using SoundHound's AI voice-recognition services in a restaurant in Merrillville in 2022, Jamie Richardson, White Castle's VP of marketing and publication relations, told Business Insider.
The burger chain now uses it at 15 restaurants, some of which use it for multiple drive-thru lanes, he said.
White Castle previously announced plans to deploy it in more than 100 drive-thru lanes by the end of 2024. Richardson confirmed that it's on track to reach this target.
He said that White Castle's voice AI system was designed to remove a "stress-inducing situation," freeing up time for staff who have to multitask at the drive-thru and taking the time pressure off customers who may otherwise feel rushed. Orders are more accurate, too, he said.
Richardson said that White Castle hadn't cut workers' hours at its restaurants since adding the technology. Instead, workers can focus on preparing food and greeting customers at the drive-thru window when they collect their order, he said.
"It's really been a great investment and one we're eager to continue," he said.
AI was used to solve the labor crunch
Restaurant executives have been paying attention to voice AI drive-thrus for years, but a struggle to recruit and retain workers in the summer of 2021 intensified this.
SoundHound is one of a growing number of companies offering voice AI services to restaurants.
"We're more accurate than a human," Ben Bellettini, SoundHound's senior vice president of restaurant sales, told BI.
If customers don't want to order using the voice AI system, they can ask to speak to a human, he said. But "well over 90%" of orders don't involve any human interaction, he said.
SoundHound says that using its voice AI drive-thru is faster than ordering at a human agent because customers don't have to wait for a cashier to be free when they pull up to the ordering station or wait for them to manually enter orders into their till.
SoundHound doesn't just offer services for drive-thrus. It also provides voice AI tech for restaurants to take orders over the phone and at digital kiosks and offers back-of-house technology where staff can ask questions through a tablet or headset and get information from their employee handbook on what to do if the fridge breaks or how to clean the fryer.
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hssbwwmp
1 month ago
More on NVDA's investments in other companies including SOUN:
Nvidia Owns These 4 Stocks. Heres How Theyre Doing. -- Barrons.com
11:37 AM ET 6/8/24 | Dow Jones
Angela Palumbo
Nvidia has been one of the best-performing stocks on Wall Street since 2023, amassing holdings in four companies along the way. So, how have these stocks been doing?
First, a bit of context. Nvidia stock has surged 144% in 2024 and 212% over the last 12 months as investors snapped up shares of the chip making company, whose products are used to power artificial intelligence. In May, Nvidia reported much stronger first-quarter earnings and revenue than Wall Street expected -- and the stock has climbed 27% since then.
According to Nvidia's most recent 13F form filed with the Securities and Exchange Commission, as of March 31, 2024, Nvidia has stakes in four publicly traded companies: Arm Holdings, Nano-X Imaging, Recursion Pharmaceuticals, and SoundHound.
Nvidia declined to comment to Barron's on its holdings.
Nvidia's second largest stake is in Arm Holdings, a U.K.-based chip maker with a $143 billion market capitalization. American depositary receipts of Arm have jumped 82% this year, as semiconductor stocks continue to benefit from investor excitement about the future of AI. Nvidia owns 1,960,784 shares of the company, which are valued at $268.9 million.
News in May that the company has plans to launch its first AI semiconductors in 2025 have also pushed Arm shares higher.
Meanwhile, SoundHound and Nano-X stocks are having their best years on record, jumping 119% and 23% in 2024, respectively. Nvidia owns 1,730,883 shares of SoundHound -- an AI voice technology company with a $1.6 billion market cap -- which are valued at $8.34 million. SoundHound has also benefited from the AI investing frenzy.
As for Nano-X, Nvidia owns 59,632 shares of the medical imaging systems developer, which are worth $483,019. Nano-X, which has a $468 million market cap, announced on Wednesday that it has launched an AI functionality into its Second Opinions online medical consultation, a platform that connects patients with radiologists for additional consultations on their medical diagnoses. The AI technology is intended to promote early detections of chronic conditions on chest and abdominal CT scans, according to a company news release.
Out of the four companies Nvidia invests in, the chip maker's largest stake is in Recursion Pharmaceuticals, owning 7,706,363 shares that are valued at $69.4 million. Recursion is a clinical-stage biotechnology company with a $2.1 billion market cap.
Unlike the other holdings, Recursion stock has dropped 13% to $8.61 this year -- and is on pace to have its worst year since 2022, according to Dow Jones Market Data. Recursion announced in July 2023 that Nvidia had invested in the company as they work toward developing drugs with the help of AI.