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Businesses are projected to invest heavily in AI chatbots, with banks alone expected to spend $18.4 billion by 2028. While these chatbots excel at handling simple queries, they struggle with complex issues and nuanced conversations, often frustrating users who find it difficult to reach human agents.In the startup arena, Chinese firm Zhipu AI has launched AutoGLM Rumination, a free AI agent that outperforms competitors in speed and efficiency, amid a surge of AI product releases in China. Meanwhile, significant developments include SpaceX's establishment of a Starlink ground station in Vietnam and Qualcomm's acquisition of MovianAI to boost its generative AI capabilities.
TVS Motor has acquired Singapore-based e-scooter startup Ion Mobility, as confirmed by CEO James Chan. The deal includes all assets and intellectual property, with Chan set to join TVS as senior vice president overseeing the ASEAN market starting April 1, 2025. TVS plans to relaunch Ion's flagship electric scooter, the M1-S, under its brand, aiming to enhance electric mobility solutions in the region.
James Chan
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
chatbots struggle with customer service as businesses invest billions in AI solutions
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11:30 03.04.2025
TVS Motor acquires Ion Mobility to enhance electric mobility in ASEAN
14:15 07.03.2025
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