In the last fortnight, leading technology companies have unveiled a number of artificial intelligence tools which could have a huge impact on the e-commerce, healthcare and video production fields.
Adobe released its Firefly Video production tool. The model allows corporate users to reduce the costs associated with video production and also streamline the entire process. With the AI tools from Adobe, users can provide text prompts in any of at least 100 supported languages and have custom videos generated. Experts clarify that the efficiency-boosting attributes of these video creation tools shouldn’t be seen as a replacement for humans. Instead, the tools complement the creativity of a company’s staff.
OpenAI and other platforms have also brought to market AI tools aimed at fostering real-time cooperation during the content-creation process of players in the e-commerce industry. Tools like Canva from OpenAI now allow users to quickly come up with product descriptions in different languages in ways that leverage contextual differences while enabling humans to interact with AI seamlessly. These tools can enable business communication to be consistent, boost productivity and save employee time that can be deployed in other higher-order creative tasks.
Microsoft wants to transform the way different tasks are performed within the healthcare sector. Of specific interest are diagnostic accuracy and healthcare system administration. Through its cloud-based solutions, Microsoft aims to boost patients’ outcomes, automate paperwork and also improve the integration of data. The range of tools that this tech titan offers includes advanced algorithms to analyze medical data and detect any hidden patterns, AI-backed chatbots which take care of routine inquiries from consumers of healthcare services, among others. These tools can take most repetitive tasks away from healthcare professionals and allow them to concentrate on patient care.
Not to be outdone, Google is also placing its mark on healthcare AI through its different tools that have raised the stakes for tailored technology solutions. The Tx-LLM AI tool from Google DeepMind is an industry-specific AI model aimed at reshaping pharmaceutical research while also accelerating the drug discovery process. These specialized AI tools have already proven to be superior to the general-purpose models that preceded them, and the tools can potentially reduce the time and other resources needed to conduct a drug development program.
Different industries and sectors are embracing tailored artificial intelligence, and those tools have the potential to help entities optimize their specific workflows while also easing the navigation of the often complex regulations governing those industries.
e-Commerce service providers like NextPlat Corp. (NASDAQ: NXPL) (NASDAQ: NXPLW) with interests in the healthcare space now have an increasing array of AI tools that they can deploy to support the quest to attain their business objectives.
NOTE TO INVESTORS: The latest news and updates relating to NextPlat Corp. (NASDAQ: NXPL, NXPLW) are available in the company’s newsroom at https://ibn.fm/NXPL
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