Envestnet has launched two new AI tools—Generative Business Intelligence and Insights AI—aimed at enhancing data interpretation and decision-making for financial advisors. These innovations are part of Envestnet’s strategy to simplify access to client insights and streamline advisory workflows, aligning with the growing need for efficient data analysis tools. The Generative Business Intelligence tool enables users to obtain information through natural language queries, generating real-time visual data representations. It integrates securely with OpenAI’s language model for data retrieval. Insights AI builds on the existing Insights Engine by utilizing agent-based AI to identify advisor intent and suggest impactful actions like tax-aware losses or asset consolidation, providing context-rich responses instead of relying solely on dashboards. Envestnet plans to enhance these tools further by allowing customization for enterprises. The company aims to create a comprehensive AI-driven wealth management ecosystem, encouraging better client decision-making and deeper portfolio insights.
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Envestnet Launches AI-Powered Data Tools to Enhance Advisors’ Decision-Making Capabilities
Pattern Introduces Cutting-Edge AI-Powered Ecommerce Innovations at Accelerate 2025 – Business Wire
Pattern introduced a range of AI-driven eCommerce innovations at its Accelerate 2025 event. The company aims to enhance online shopping experiences for brands and consumers. Key features include advanced analytics tools that leverage artificial intelligence to optimize product listings, improve inventory management, and personalize customer interactions. These innovations are designed to streamline operations and boost sales for businesses. Pattern also emphasized its commitment to data security and continuous improvement, ensuring brands can confidently implement these solutions. With these advancements, the company positions itself as a leader in the evolving eCommerce landscape, helping brands navigate challenges and seize growth opportunities in an increasingly digital world. The event showcased Pattern’s vision for the future of online retail, highlighting the transformative impact of AI on eCommerce strategies.
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Kosmic AI Secures $200,000 to Enhance Social Commerce Tools | Click for Details | Inshorts
Kosmc AI has successfully raised $200,000 to develop advanced social commerce tools. The funding will enable the company to enhance its platform, which focuses on integrating artificial intelligence with social media to improve user engagement and streamline online shopping experiences. By leveraging AI technology, Kosmc AI aims to empower businesses to utilize social platforms more effectively for marketing and sales. The investment is expected to accelerate the company’s growth, providing resources to innovate and refine their tools for both sellers and consumers. This move highlights the increasing importance of social commerce in today’s digital landscape, where social media plays a crucial role in influencing purchasing decisions. The funding will help Kosmc AI solidify its position in the competitive market of social commerce solutions, catering to the evolving needs of users and businesses alike.
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OpenAI CEO Criticizes NYT’s Request for ChatGPT Logs as ‘Inappropriate’
OpenAI CEO Sam Altman announced plans to appeal a Manhattan federal court order requiring the preservation of ChatGPT logs. This order, requested by The New York Times and other news agencies, is part of ongoing copyright infringement litigation. Altman argues that the demand is overly broad and unjustified. In related news, Law360 offers a comprehensive subscription service that keeps users updated on critical legal issues, trends, and developments, with over 200 daily articles across various sectors. Subscribers benefit from features such as daily newsletters, expert analysis, a mobile app, advanced search capabilities, judge information, and real-time alerts. Furthermore, Law360 provides access to a vast archive of over 450,000 articles. A free 7-day trial is available for new users to experience these services.
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Unlock Future Assistance with Gemini: Command It to Act on Your Behalf
Google’s Gemini is set to replace Google Assistant as the primary AI assistant, with a complete transition expected by the end of this year. The new assistant includes a feature called “Scheduled Actions,” which allows users to automate recurring tasks and receive personalized updates at specific times. Designed to streamline routines, these actions can include tasks like summarizing emails or providing daily recipes. Currently, Scheduled Actions are being rolled out to users on Google AI Pro and Ultra plans, with broader availability anticipated soon. Users can easily manage these scheduled tasks through a dedicated settings page. Examples of potential uses range from receiving calendar summaries to getting updates on favorite sports teams, showcasing Gemini’s capability to enhance daily productivity by proactively handling tasks.
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Gemini Introduces Future Task Scheduling Features
Google’s Gemini app has introduced a new feature called scheduled actions, enabling users to automate routine tasks. This feature allows users to set prompts for specific times, days, or after particular events, resembling a similar function in ChatGPT. With scheduled actions, users can automate daily tasks—such as summarizing calendars or emails—every morning, generating blog ideas weekly, or receiving updates on their favorite sports teams. Additionally, it can be used for one-off tasks, like summarizing an award show the following day. Users can also manage or convert existing prompts into recurring actions via a dedicated settings page. However, this feature is currently exclusive to those with Google AI Pro or Ultra subscriptions, as well as selected Google Workspace business and educational plans, with no confirmation on future availability for free users.
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UK Court Alerts Lawyers to Potential Prosecution for Use of A.I. Tools That Generate False Information
The High Court of England and Wales issued a stern warning to lawyers regarding the use of artificial intelligence (AI) in legal documents, emphasizing potential criminal prosecution for those who present fabricated material. Senior judges, including Victoria Sharp, noted that current legal guidance has failed to adequately address the misuse of AI, prompting an urgent call for clearer regulations. Two recent cases highlighted the issue, including one where a claimant and his lawyer acknowledged that AI tools generated fictitious information, leading to a dismissed lawsuit against banks. In another instance, a lawyer could not account for bogus case references in her arguments against a local council. Judge Sharp stressed that the misuse of AI could severely undermine public confidence in the justice system, with the possibility of lawyers facing criminal charges or disbarment for using false AI-generated content. This warning underscores the need for accountability in the application of AI in legal contexts.
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Google’s New AI Tool: Your Source for Smart Life Advice by 2025
Google has launched a groundbreaking AI tool designed to provide life advice with a human-like, expert touch, part of its broader Gemini AI initiative. This innovative tool aims to function as a virtual life coach, improving upon traditional chatbot capabilities by leveraging deep reasoning, emotional awareness, and contextual understanding. Users can type in their dilemmas, and the AI responds with thoughtfully structured advice, accounting for their emotions, context, and potential outcomes.
While the tool offers support in emotional and psychological matters, it avoids serious topics like abuse or self-harm, redirecting users to professional help when necessary. Google is also prioritizing bias mitigation within the AI’s developmental process. This tool could revolutionize emotional support, especially in underserved areas, by democratizing access to advice and fostering personal reflection. If successful, it could integrate seamlessly into daily technology, providing real-time, empathetic guidance in life’s challenging moments.
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Getty Images vs. Stability AI: Anticipating the High-Stakes Trial – Simmons & Simmons
The case of Getty Images v. Stability AI is set to go to trial, marking a significant moment in the ongoing debate over copyright and artificial intelligence. Getty Images, a leading visual content provider, has sued Stability AI, the company behind the AI image generator Stable Diffusion, claiming that it unlawfully used its copyrighted images to train its AI model. This raises critical questions about the legality of using existing artworks for training AI, potentially impacting how creative industries use AI technologies. The trial is highly anticipated as it may set precedents for copyright laws in the digital era, balancing the interests of content creators against technological advancements. As both parties prepare their arguments, the outcome could reshape the landscape of AI development and intellectual property rights, influencing future litigation and the operational strategies of companies in similar sectors.
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The Microsoft-OpenAI Rivalry: It’s Not as Complicated as You Think
Microsoft and OpenAI’s relationship took a turn when Microsoft labeled OpenAI as a competitor in its August 2024 annual report, despite their close ties. OpenAI’s new tools now compete with Microsoft products, prompting speculation about a rift. However, both companies remain deeply connected, financially and technically. Microsoft CEO Satya Nadella and OpenAI CEO Sam Altman downplayed concerns, emphasizing mutual alignment in model adoption and continued partnership. Microsoft retains significant infrastructure ties to OpenAI, holding a right of first refusal on potential workloads as OpenAI scales up and explores additional cloud partnerships. While they navigate competition, there’s no indication of a falling out; it’s more of an evolution in their collaboration. Both firms are strategizing for the future, balancing competition with cooperation. Ultimately, they are two tech giants adjusting to their growing successes in the AI landscape, reflecting a partnership that is still profitable and productive.
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