This week was full of AI-related developments as major players like Chipotle Mexican Grill, Nvidia, OpenAI, and Intel showcased advancements and predictions. From AI-driven hiring innovations to futuristic AI capabilities, the growth of artificial intelligence is reshaping various sectors.
Chipotle Leverages AI To Boost Hiring Efficiency
Chipotle Mexican Grill has turned to AI to streamline its hiring process. According to interim CEO Scott Boatwright, the use of AI technology has cut hiring time by 75% during the restaurant chain’s busiest period, known as ‘Burrito Season.’ This efficiency boost has contributed to faster service times and revenue growth.
Elon Musk’s Bold AI Predictions
Tesla CEO Elon Musk shared his perspective on AI, predicting that the technology could achieve human-level capabilities by 2029. Musk highlighted AI’s rapid advancements, which he estimates are improving tenfold each year.
Nvidia’s Vision of AI Taking Human Form
At the Global Management Dialogue event in Tokyo, Masataka Osaki, Nvidia’s Vice President of Worldwide Field Operations, expressed that AI may soon achieve a “human form,” signaling new possibilities for AI-human interactions and applications.
OpenAI Challenges Google With ChatGPT’s New Search Feature
OpenAI introduced ChatGPT’s new web-crawling capabilities, which allow it to retrieve real-time information such as news, sports scores, and stock data. This new feature poses a competitive challenge to Google’s search dominance.
Intel’s Gaudi AI Chips Fall Short
Intel CEO Pat Gelsinger announced that the company’s Gaudi AI accelerator program has not met its revenue targets due to a shift from second-generation to third-generation models.
Stay tuned as AI continues to drive innovation and reshape industries.