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META LAUNCHES AI-POWERED RAY-BANS FOR USERS IN EUROPE

By PYMNTS  |  November 18, 2024
 | 



Meta AI says its Ray-Ban smartglasses are now available in four European
countries.

Beginning Monday (Nov. 18), users in France, Spain, Ireland and Italy can use
these artificial intelligence (AI)-powered glasses to get answers to questions,
with those responses now available in French, Italian and Spanish, as well as in
English.

“With Meta AI on Ray-Ban Meta glasses, people have a hands-free way to ask
questions on-the-go and receive real time answers and information,
recommendations, or even receive some creative writing inspiration,” the company
said in a news release.

For instance, users can ask, “Hey Meta, what’s the best patisserie in Paris?” or
“What are some good gift ideas for my kids aged 6 and 8?” and instantly get an
answer. Features that rely on Meta AI’s ability to answer questions about what
the user can see (“Tell me about this landmark”) are only available in the U.S.,
Canada and Australia.

Meta noted that it will expand the sale the glasses to other parts of the
European Union soon, and that it has been working to ensure the product complies
“with Europe’s complex regulatory system.”

The rollout comes as the tech giant — like many of its contemporaries — faces
ongoing regulatory pressure in Europe.

Last week, the European Commission fined Meta 797.72 million euros (about $842
million), saying the company had broken European Union (EU) antitrust rules by
tying Facebook Marketplace to Facebook.

The commission found that Meta gave its online classified ads service a
significant advantage over its rivals by automatically giving the users of its
social network access to it, whether they want it or not.

Meta has said it will appeal the decision, while also working to comply with the
issues raised by the EC.

The company last week said it was promoting its Ray-Ban Meta smart glasses at a
Meta Lab pop-up store in Los Angeles that allows visitors to experience the
product firsthand, regardless of whether they end up making a purchase.

“When you let somebody try out a pair of Ray-Ban Meta glasses, you become the
best salesperson ever,” Creative Director Matt Jacobson said in a blog post.
“Getting these on people’s faces so they could play with it and discover Meta
AI, that is really magical.”

In another, separate development in this space, this month saw reports that
Apple was exploring the viability of entering the smart glasses market,
launching an in-house study of currently available products.




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MISTRAL ADDS WEB SEARCH TO GENERATIVE AI WORK ASSISTANT

By PYMNTS  |  November 18, 2024
 | 



Mistral is updating its generative artificial intelligence (AI) work assistant
le Chat to include web search with citations and other new features.

“A significant share of le Chat usage comes from students and professionals who
use it for learning, research and work,” the company said in a Monday (Nov. 18)
blog post. “To help better facilitate these use cases, we’ve augmented le Chat’s
training knowledge with internet search.”

This and other new features will be rolled out over the next few weeks,
according to the post.

Mistral has also added a new interface within le Chat that helps users modify,
edit or transform content. The interface, Canvas, can help users create
documents, presentation, code, markups and other content, the post said.

Other new features added to le Chat and announced Monday include the ability to
analyze and summarize large, complex PDF documents and images; the ability to
generate high quality images, powered by Black Forest Labs; and the ability to
create agents that can automate repetitive workflows like receipt scanning for
expense reporting and processing invoices, per the post.

These features will be launched as free beta offerings. Mistral is also working
toward premium tiers that will have higher service guarantees, according to the
post.

“If your current AI-productivity toolchain is siloed or expensive, le Chat will
give you an alternative to do your best work,” the post said.

It was reported in June that Mistral raised €600 million (about $640 million) in
a Series B funding round that valued it at $6 billion about one year after its
seed round.

In July, the firm formed a partnership with French banking group BNP Paribas
that provides access to the AI firm’s current and future commercial AI models
across the bank’s business lines.

The bank is using Mistral’s large language models (LLMs) in customer support,
sales, IT and other areas.

Also in July, Mistral and Nvidia introduced an AI model called Mistral NeMo that
is designed to bring advanced AI capabilities to standard desktop computers.

NeMo could change how businesses use AI, moving from cloud-based to
desktop-native AI, PYMNTS reported at the time.



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See More In: AI, AI search, artificial intelligence, GenAI, generative AI, Le
Chat, Mistral, News, PYMNTS News, What's Hot, work assistant


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