| | JUNE 20248Oppo has revealed plans to integrate AI capabilities into smartphones across all price ranges by the conclusion of 2024. To achieve this goal, the company inaugurated an AI Research and Development Center in Shenzhen in February. Collaborating with industry leaders such as Google, Microsoft, MediaTek, and Qualcomm, Oppo aims to incorporate cutting-edge AI features into its devices.Oppo highlights that its AI Center prioritizes key domains such as image processing, computer vision, and natural language processing. Emphasizing user data privacy, Oppo assures that it abstains from utilizing user data for AI model training purposes. To safeguard user data, the company relies on third-party certifications, end-to-end encryption, and confidential computing measures.Oppo announces that it has deployed more than 100 generative AI functionalities on its smartphones in 2024 and possesses over 5,399 AI patents worldwide. Collaborating with Google, Microsoft, and MediaTek, Oppo aims to enhance the AI capabilities of its mobile devices. The flagship series will incorporate Google's Gemini family of large language models (LLMs), facilitating features such as AI Writer and AI Recording Summary.AI Writer provides recommendations for completing sentences, selecting words, and correcting grammar errors, while also offering seamless language translation. AI Recording Summary automatically produces summaries of meetings, transcripts, and podcasts, assisting users in understanding key highlights.Furthermore, Oppo is working with Microsoft to improve voice and text conversion using Microsoft Fast Transcription and Neural TTS technologies. This collaboration will streamline audio recording transcription and strengthen the connection between desktop AI and Oppo smartphones, it said. Additionally, by year's end, Oppo users will be able to use desktop Copilot on a connected PC to generate content, translate messages and search for addresses on their phones.Oppo and MediaTek are collaborating to develop chipsets equipped with specialized AI processing units (NPUs) and accelerators to ensure smoother performance and streamlined AI processing. Furthermore, they are jointly crafting customized AI frameworks, drawing upon MediaTek's expertise to introduce distinctive features tailored for Oppo devices. SpiceJet's Chief, Ajay Singh, has announced plans for the airline to secure approximately $250 million within the next few months, aiming to fortify its operations amidst a series of challenges. These hurdles include issues with lessors and debt, compounded by what Singh refers to as "significant black swan events."Singh expressed confidence in SpiceJet's resilience, stating that despite these challenges, the airline is robustly positioned. He emphasized the ongoing efforts to address these issues, affirming a commitment to rectifying the company's balance sheet within the coming two quarters.In a recent development, SpiceJet successfully secured $150 million in funding, yet remains proactive in seeking additional capital. Singh outlined the airline's ambition to raise a further $250 million within the near term, underlining his optimism regarding the company's future trajectory. Speaking at the CAPA India Aviation Summit in the capital city, Singh conveyed a positive outlook, asserting that SpiceJet is on a promising path forward.Currently, the airline has resorted to wet-leasing aircraft to mitigate operational disruptions caused by several of its planes being grounded for various reasons. However, Singh affirmed the company's commitment to bolstering its own fleet, signalling a strategic shift towards self-sufficiency in aircraft acquisition.Singh also stressed the importance of establishing aviation hubs in India, highlighting the necessity for concerted efforts in this direction. Recognizing the pivotal role of aviation infrastructure in facilitating economic growth and connectivity, he underscored the imperative of fostering conducive conditions for the development of such hubs.SpiceJet, under the leadership of Ajay Singh, is navigating challenges with determination and strategic planning. With a focus on financial restructuring, fleet expansion, and infrastructure development, the airline aims to chart a course towards sustained growth and resilience in the dynamic aviation industry. OPPO LEADS AI REVOLUTION IN SMARTPHONES WITH MAJOR TECH PARTNERSHIPSSPICEJET CHIEF PLANS TO RAISE $250 MILLION IN THE UPCOMING MONTHSIN FOCUSIN FOCUS
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