Ai coming into the year 2025
Policy and Investments
Regulatory Changes: President Donald Trump has rescinded a 2023 executive order that required companies to share information about advanced AI model development with the U.S. government. This move is anticipated to benefit tech giants like Google, whose stock value increased by 1.3% following the announcement.
Major Investment in AI Infrastructure: President Trump is set to announce a new partnership named Stargate, involving OpenAI, Oracle, and SoftBank, with plans to invest up to $500 billion in AI-related infrastructure in Texas. The initiative aims to develop data centers and power plants essential for AI advancement.
Industry Developments
World Economic Forum Discussions: At the World Economic Forum in Davos, AI technology has been a central topic. Tech CEOs, including Elon Musk, discussed the positive business outlook under the current administration. Panels also addressed the future of cryptocurrency and the impact of AI on startups, with predictions that innovative companies like OpenAI will become significant players.
Apple's AI Challenges: Apple has suspended an AI-generated news summary feature in its beta iPhone software due to inaccuracies, known as "hallucinations." The company is working to resolve these issues before reintroducing the feature.
AI Applications
Law Enforcement: In Belfast, AI will be used to review extensive CCTV footage to determine if 14-year-old Noah Donohoe was seen leaving his home before his disappearance and subsequent death in June 2020. The AI system aims to expedite the footage review process by flagging potential human appearances for identification.
Retail Innovations: John Lewis has introduced AI-powered facial age estimation technology to verify customers' ages for online knife sales. Developed by British company Yoti, this technology aims to prevent minors from purchasing knives, addressing concerns over rising knife crimes linked to online sales.
