From NASDAQ:

OpenAI boss Sam Altman will not appear at CES in Las Vegas, but the AI technology will feature prominently as gadget makers scramble to incorporate artificial intelligence into their devices. CES 2024 runs from Jan. 9-12 and OpenAI’s influence will be felt even without Altman. (words: 49)

Funding for generative AI projects soared to $23.78 billion last year, more than fivefold the amount from 2022. Many companies attending CES 2024 will showcase their use of AI technology, such as Germany’s Bosch, which is expected to unveil a gun-detection system using AI that will aid school safety. (words: 50)

AI technology is being incorporated into many facets of consumer electronics. Japan’s NEC will unveil AI software that can analyze vital signs by evaluating facial patterns and pupil conditions. Multiple companies will also showcase how AI is improving vehicle safety and personalizing the car-buying experience. (words: 49)

Car manufacturers are utilizing AI in various stages of production to reduce costs and improve efficiency. For example, Cerence is partnering with Volkswagen to provide AI-powered virtual assistants. AI is expected to become a new revenue stream for chipmakers as it is incorporated into PC and smartphone products. (words: 50)



Read more: PREVIEW-AI to dominate this year’s CES, even without OpenAI’s Altman on hand