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World News Daily(2024-08-02) : The EU's Artificial Intelligence Act officially takes effect: the world's first comprehensive regulatory legislation.

The EU's Artificial Intelligence Act officially takes effect: the world's first comprehensive regulatory legislation.

The EU's Artificial Intelligence Act officially takes effect: the world's first comprehensive regulatory legislation.

The EU's Artificial Intelligence Act comes into effect, marking the world's first comprehensive regulation of artificial intelligence. It mandates that chatbots inform users of machine interactions and ensures the detectability of synthetic content. Systems threatening users' fundamental rights are prohibited. Non-compliant companies face fines of up to 7% of their annual turnover. Member states must designate supervisory authorities and complete this by 2025. Most rules will take effect in August 2026.

This Act signifies a significant advancement in the EU's regulation of artificial intelligence, emphasizing transparency and user protection, and holds profound implications for the global development of artificial intelligence.

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Politics

New Bill Introduces 'Digital Replication Right' to Protect Personal Likeness

Senators Coons, Blackburn, Klobuchar, and Tillis have introduced the NO FAKES Act of 2024. This bill aims to protect individuals from unauthorized AI-generated replicas of their likeness or voice. The Act introduces a "digital replication right," granting exclusive control over digital replicas of one's likeness. This right extends ten years post-mortem, with potential five-year extensions if actively used. It can be licensed and inherited, lasting up to 70 years after death.

The Act defines a "digital replica" as a highly realistic, computer-generated representation of an individual's voice or likeness. It excludes activities like remixing or digital remastering authorized by copyright holders. The bill also respects First Amendment rights, allowing for documentaries, biographical works, and content created for comment, criticism, or parody.

This legislation responds to the ease with which AI can now create photorealistic replicas of individuals. It seeks to balance intellectual property protection with freedom of speech.

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Trump's bitcoin strategy was shared behind closed doors with CEOs who raised $25 million. Here's what he told them

Trump's bitcoin strategy was shared behind closed doors with CEOs who raised $25 million. Here's what he told them

Trump spoke at the Bitcoin 2024 conference in Nashville, where thousands waited hours to hear him. He outlined his plans for bitcoin should he return to the White House.

Simultaneously, Trump held a closed-door meeting with crypto CEOs, including the Winklevoss twins, Coinbase's legal chief, and Cantor Fitzgerald's CEO. They discussed potential collaboration between the industry and a Trump administration.

The event served as a fundraiser, with top-tier tickets priced at $844,600. Attendees comprised bitcoin miners and industry experts who paid substantial fees for access to Trump and the conference.

Trump's campaign raised $25 million from the crypto sector, a notable sum given the recent bear market and industry turmoil.

Trump was impressed by the industry's collaborative spirit, contrasting it with more cut-throat competition in other fields. This sentiment was shared by conference attendees.

The event also spotlighted unexpected bitcoin supporters, such as musician Billy Ray Cyrus, who expressed interest in writing a song about bitcoin.

Overall, the conference demonstrated the crypto industry's efforts to influence policy and secure political support.

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Silent Diplomacy: The Largest Prisoner Swap Since Cold War

Russia and the West engaged in a silent dance, orchestrating the largest prisoner swap since the Cold War. Moscow prefers closed-door negotiations, away from media glare.

Vladimir Putin hinted at a deal during a February interview, suggesting Russia might return Wall Street Journal reporter Evan Gershkovich. Implicitly, Moscow sought Vadim Krasikov, a suspected Russian agent serving life in Germany.

Rumors of swaps involving jailed figures like Alexei Navalny and Paul Whelan circulated, but Navalny died before any deal materialized.

In June, Gershkovich's spy trial began and swiftly concluded with a 16-year sentence. Simultaneously, US-Russian journalist Alsu Kurmasheva received a six-and-a-half-year sentence in Kazan. The hurried trials signaled a likely swap.

Recent reports indicate Russian political prisoners were moved, fueling speculation of a broader exchange. Belarus's leader, Alexander Lukashenko, agreed to pardon a German citizen, Rico Krieger, possibly part of the swap.

This exchange marks a significant event. Western governments gain released foreigners and Russian dissidents, while Moscow regains its agents. Both sides claim victory.

However, if Russia views "hostage diplomacy" as effective, this may not be the last such exchange. Prisoners, both foreign and Russian, remain potential bargaining chips.

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Society

The impact of autonomous driving technology on social transformation.

The impact of autonomous driving technology on social transformation.

Technological advancements are accelerating the implementation of autonomous driving, exemplified by Tesla's FSD and Baidu's Luobo Kuaipao Robotaxi. However, issues such as high costs and safety concerns persist.

Historically, the Red Flag Act hindered automobile development, while Germany and the United States encouraged it, shaping modern urban structures. Autonomous driving could echo this history, necessitating new urban planning and infrastructure modifications.

Autonomous vehicles require exclusive road rights to avoid mixing with human-driven vehicles, enhancing efficiency and safety. Cities must be remodeled to provide dedicated lanes for autonomous vehicles, conserving resources and creating new spaces.

The digital realm's responsiveness is equally crucial, requiring the integration of individual vehicle intelligence with network-wide coordination to improve system performance. 5G networks and Starlink technology support network connectivity.

In summary, autonomous driving is not just a technological innovation but a comprehensive transformation of social and economic systems. It necessitates new planning and infrastructure, combined with digital technologies, to achieve an efficient and safe autonomous driving society.

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Scientists Uncover Key Factors in Rain Formation

Scientists Uncover Key Factors in Rain Formation

Scientists have cracked the mystery of how rain forms. This breakthrough helps improve weather and climate predictions.

Rain starts when tiny water droplets in clouds stick to small particles like dust or salt. These droplets collide and grow until they're heavy enough to fall as rain. The process is complex and depends on various factors, including turbulence in the air.

A team led by Kamal Kant Chandrakar found that turbulence speeds up rain formation. In simulations with turbulence, rain formed 20 minutes earlier and was seven times heavier than without it.

This research, funded by NASA and others, used advanced computer models and real-world observations from NASA's CAMP2Ex mission. The findings suggest that turbulence plays a crucial role in rain development, challenging previous theories that focused on larger particles.

Understanding rain formation better can lead to improved computer models for weather and climate forecasting. This could ultimately help protect society by providing more accurate predictions.

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Economy

Meta Reports Strong Q2 Earnings and Advances in AI

Meta Reports Strong Q2 Earnings and Advances in AI

Meta's Q2 earnings are up. Sales reached $39.1 billion, a 22% increase. Net profit surged 73% to $13.5 billion. Daily users across Facebook, Instagram, and Threads grew 7% to 3.27 billion.

"Llama 3," Meta's latest AI, enters the race in generative AI development. Competition intensifies among tech giants.

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Saudi PIF Inks $50bn Deals with Chinese Banks

Saudi PIF Inks $50bn Deals with Chinese Banks

Saudi Arabia's PIF, one of the world's largest sovereign wealth funds, has signed $50 billion worth of MOUs with six Chinese banks. The deals cover debt, equity, and aim to enhance two-way capital flows. This initiative aligns with Saudi's Vision 2030, which seeks to diversify its economy beyond oil. China, eager to strengthen its ties, welcomes Saudi investments in sectors such as infrastructure and green technology.

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People's Bank of China Injects 3000 Billion Yuan via MLF in July 2024

In July 2024, the People's Bank of China injected 3 trillion yuan into the financial system through two Medium-term Lending Facility (MLF) operations. Both were one-year terms; the first at 1 trillion yuan with a 2.50% interest rate, the second at 2 trillion yuan at 2.30%. This increased the total MLF balance to 72.7 trillion yuan.

Additionally, the bank conducted 0.61 billion yuan in Standing Lending Facility (SLF) operations, all overnight.

MLF and SLF are tools used by central banks to manage liquidity and influence interest rates in the financial system.

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Apple Achieves Record Revenue Amid China Market Challenges

Apple Achieves Record Revenue Amid China Market Challenges

Apple achieved a revenue peak for the June quarter, bringing in $85.8 billion, a 5% increase. However, iPhone sales dipped 1% to $39.3 billion. Services saw a significant surge, growing 14% to $21.2 billion.

The Chinese market presented challenges, with revenue there falling 6.5% to $14.7 billion. Huawei and Vivo pushed Apple out of the top five. Nonetheless, Cook remains optimistic and is in talks with Beijing to introduce AI features soon.

Globally, Apple set new records in over two dozen countries. The upcoming iPhone 16, slated for September, promises AI-driven enhancements. Siri will become more intelligent, and new tools will be introduced for photo editing and text rewriting.

Cook is proceeding with caution, collaborating with regulators to roll out these features globally. The strategy is to initiate in English-speaking countries and gradually expand. Apple aims to move swiftly but is attentive to local regulations.

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Technology

Google Enhances Chrome with Gemini-Powered Features

Google Enhances Chrome with Gemini-Powered Features

Google is rolling out new Chrome features powered by Gemini. Desktop Lens allows you to click on web items, ask questions, and receive AI-driven answers. You can find similar products, learn about plants, or solve math problems.

"Tab Compare" assists in shopping by summarizing similar items across tabs. History search now utilizes natural language, such as asking for a previously viewed ice cream shop.

These updates aim to make browsing smarter by leveraging AI without compromising privacy.

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Google Maps and Waze Enhance Navigation with New Features

Google Maps and Waze Enhance Navigation with New Features Google Maps and Waze Enhance Navigation with New Features

Google Maps and Waze, both owned by Google, are receiving updates. These changes are gradually rolling out for Android and iOS devices.

Google Maps now allows iOS and Android users to report traffic incidents. This feature, previously absent on CarPlay, is now included. Users can tap larger icons to share updates about traffic jams or closed lanes. Other drivers can confirm these reports, aiding everyone on the road.

As drivers approach their destination, Google Maps highlights nearby car parks and also illuminates the destination building and entrance on the screen.

Waze, meanwhile, introduces a new camera alert system. It warns users about cameras monitoring speeding, red light violations, and other infractions. This data is sourced from the Waze community.

Waze users can also share real-time traffic information, including the cause of traffic events and road closures.

Android users will soon receive lock screen navigation on Waze, with iOS users getting it in the fall. It remains unclear whether these features will be available on CarPlay.

These updates come after Apple's move to bring Apple Maps to the web.

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Drone-Dropped Mosquitoes Combat Dengue Fever

Drone-Dropped Mosquitoes Combat Dengue Fever

Researchers are employing drones to release infected mosquitoes in the battle against dengue fever. These mosquitoes harbor Wolbachia bacteria, which inhibits the virus responsible for dengue. Dengue is a debilitating infection that affects 3.9 billion people annually.

The technique involves drones dispersing groups of 150 mosquitoes across extensive areas. This method disseminates the bacteria among wild mosquito populations, thereby curtailing disease transmission. Trials in Fiji demonstrated that this approach is as effective as conventional ground releases, yet it is safer and more efficient.

The World Mosquito Program (WMP) has already achieved success in Indonesia, where Wolbachia-infected mosquitoes decreased dengue transmission by 77%. With dengue cases having surged thirtyfold over the past half-century, this drone-based strategy presents fresh hope.

Wolbachia is a naturally occurring bacteria found in 60% of insect species. When introduced into mosquitoes, it can thwart the transmission of viruses such as dengue, Zika, and yellow fever.

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Video Game

Ubisoft Launches Real-Time Fantasy Football Game with NFL

Ubisoft Launches Real-Time Fantasy Football Game with NFL

This blend of live action and digital play could redefine fantasy sports, making each game a personal challenge, a test of strategy and timing.

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Civilization 7 First Live Demo Announced for August 21

Civilization 7 First Live Demo Announced for August 21

2K and Firaxis Games announce the first live demo of "Civilization 7" on August 21 at the Gamescom event. The demo will air at 2 AM Beijing time, featuring over 20 minutes of gameplay and new features. Attendees at the event can visit the game's booth in Hall 6. A follow-up discussion will occur on August 31 at PAX West. The game promises depth, spanning human history, allowing players to build and test their civilizations.

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"Black Myth: Wu Kong": An Innovative Blend of Chinese Mythology and Modern Gaming

'Black Myth: Wu Kong': An Innovative Blend of Chinese Mythology and Modern Gaming

"Black Myth: Wu Kong," an action-adventure game based on "Journey to the West," blends Chinese mythological elements with modern game design. The game features 81 achievements corresponding to the 81 tribulations of "Journey to the West," as well as over 160 enemies and 80+ bosses. It draws inspiration from the camera work and cinematic scenes of "God of War," offering a linear AAA-level experience. As a pioneer in the rising Chinese gaming industry, "Black Myth" is poised to compete for the title of "Game of the Year."

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Heeyo Launches AI Chatbot for Kids as Interactive Learning Tool

Xiaoyin Qu, founder of Heeyo, has developed an AI chatbot tailored for children aged 4-9. The platform boasts over 2,000 interactive games and activities, with the goal of rivaling Minecraft and YouTube. Heeyo secured $3.5 million in seed funding and is now accessible worldwide on Android and iOS.

Safety is a top priority. Heeyo adheres to COPPA guidelines, erasing voice data and refraining from requesting personal information. The AI facilitates educational games, assists with emotional challenges, and adjusts to the child's age and developmental stage.

Heeyo's content team comprises children's book authors and child psychologists, ensuring beneficial outcomes. The AI engine integrates OpenAI, ElevenLabs, and Microsoft Azure, emphasizing translation without data retention.

Revenue is generated through the sale of tokens for games, with future ambitions to establish a developer ecosystem. Qu, formerly of Run the World, envisions a sustainable business with Heeyo, rather than a swift exit.

In summary, Heeyo fills a notable market void by providing a secure, engaging alternative to conventional children's technology. Its emphasis on safety and development positions it as a promising resource for parents.

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Entertainment

Shanghai's West Bund: A Rising Art Hub

Shanghai's West Bund: A Rising Art Hub

Shanghai's West Bund district is now a major art hub, drawing visitors from across China and beyond. This 11-kilometer stretch, once an industrial zone, aims to rival Paris's Rive Gauche or London's South Bank. Lorenz Hebling, head of ShanghART Gallery, sees Shanghai as the city of the 21st century, much like Paris was in the late 19th.

The area boasts four major museums and numerous private galleries, set in modern architecture. Civic spaces host biennales and art fairs, while animation studios and trendy cafes dot the landscape. Parks and riverside promenades connect these venues, with an open-air "art shuttle bus" for convenience.

Highlights include free exhibits at the West Bund Museum and the Long Museum, known for linking ancient and contemporary art. The Power Station of Art (PSA), a converted industrial space, offers vast exhibition areas and a historic smokestack as a landmark. The Start Museum, repurposed from a former railway station, features an antique train and open-air exhibits.

Despite its focus on contemporary art, the district avoids direct criticism of China's state institutions. Instead, it offers a blend of art, history, and modernity, making it a must-visit for art enthusiasts.

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Health

Hippocampal Oscillations: Mechanism and Clinical Implications

Researchers have uncovered the mechanism behind oscillations in the hippocampus. These oscillations, rhythmic electrical activity in the brain, are crucial for memory and navigation.

The hippocampus uses a network of neurons to generate these oscillations. Specifically, a type of neuron called a "pyramidal cell" initiates the process. Another type, "interneurons," then synchronize the activity, sustaining the oscillations.

This discovery helps explain how the brain processes information and forms memories. It also opens new paths for treating disorders linked to hippocampal dysfunction, like Alzheimer's.

In essence, understanding these brain rhythms could lead to better treatments for memory-related illnesses. The research bridges basic science and potential clinical applications, a significant step forward in neuroscience.

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Rapamycin Shows Promise in Extending Lifespan and Improving Health

Rapamycin, a drug initially used for transplant patients, now shows promise in anti-aging research. Experts believe it can extend lifespan and enhance health.

The drug works by inhibiting the mTOR pathway, which is crucial for cell growth and repair. By slowing this process, rapamycin may delay aging and reduce age-related diseases.

Clinical trials are ongoing, but early results are promising. If successful, rapamycin could revolutionize how we approach aging.

This development is significant. It challenges traditional views on aging and opens new avenues for health and longevity. The potential benefits are vast, impacting not just individuals but healthcare systems globally.

In essence, rapamycin could be a key to unlocking longer, healthier lives. The implications are profound, marking a new frontier in medical science.

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Climate Change May Enhance Cholera Risks Globally

Global climate change may boost the emergence and spread of new cholera strains. Recent analysis suggests this. Cholera, a bacterial disease, thrives in contaminated water. Climate shifts alter rainfall patterns and water quality, ideal for Vibrio cholerae, the bacteria causing cholera.

These changes create new habitats for the bacteria. Warmer waters and altered rainfall intensify outbreaks. Coastal regions, especially vulnerable, face higher risks.

The implications are clear: more frequent and severe cholera outbreaks. Public health systems must adapt. Preparedness and response strategies need updating. Focus on vulnerable areas, enhance surveillance, and improve water sanitation.

Climate change, a global issue, demands global solutions. Collaboration among nations, sharing data and resources, is crucial. The fight against cholera requires proactive, coordinated efforts.

In essence, the battle against cholera is intertwined with the battle against climate change. Both require resolute action and international solidarity.

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Sports

Simone Biles Wins Second Olympic All-Around Gymnastics Gold

Simone Biles Wins Second Olympic All-Around Gymnastics Gold

Simone Biles, 27, clinched her sixth Olympic gold. She topped the women's all-around gymnastics in Paris. Brazil's Rebeca Andrade pushed hard, but Biles prevailed. This marks her second all-around title, historic in gymnastics. Only two others have achieved this feat before her. Biles extends her record as the most decorated gymnast. Her career medal tally stands at 39, spanning Olympics and worlds.

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Paige Bueckers to Sign NIL Deal with Unrivaled League, Gains Equity Stake

Paige Bueckers, the basketball star from UConn, is poised to sign a deal with Unrivaled, a new women's league. This move will make her the first NCAA athlete to have an ownership stake in a professional sports league. The deal comes at a time when NCAA rules are relaxing, allowing college players more opportunities for endorsements.

Unrivaled, founded by WNBA players Breanna Stewart and Napheesa Collier, is set to launch in January. Bueckers plans to join the league after completing her career at UConn. The league's goal is to keep WNBA players in the U.S. during their off-season, offering them equity stakes and salaries of at least six figures.

The league will feature 30 players, with six teams competing in 3-on-3 full-court games. Notable players include Stewart, Collier, and Chelsea Gray. Investors range from UConn's coach Geno Auriemma to actor Ashton Kutcher.

This venture represents a significant shift towards athlete empowerment and financial involvement in professional sports.

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Katie Ledecky Wins Historic Gold in 1500m Freestyle

Katie Ledecky Wins Historic Gold in 1500m Freestyle

Katie Ledecky, 27, won her fourth Olympic gold in the 1500m freestyle, setting a new Olympic record at 15:30.02. This victory ties her with Jenny Thompson for the most women's swimming golds at eight. Ledecky holds the 20 fastest times in this event's history, with her best time surpassing the next fastest by 18 seconds.

Ledecky's dominance in the 1500m, an event added to the Olympics only three years ago, has been unchallenged. Her performance in Paris was another example of her commanding lead, often finishing races with significant margins ahead of her competitors.

In the same night, Torri Huske secured her third medal at the Paris Games, taking silver in the 100m freestyle. Sweden's Sarah Sjöström won gold, becoming the second-oldest woman to claim an individual Olympic swimming gold at 30.

Ledecky's achievements are not just about speed and endurance; they reflect a mastery of technique and mental fortitude, traits that define true greatness in any field.

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Paris Olympics: Cost-Benefit Analysis and Long-Term Impact

Paris Olympics: Cost-Benefit Analysis and Long-Term Impact

Paris hosts the Olympics, not for profit, but for prestige. The estimated cost is $97 billion, up 15% from initial projections, mostly due to inflation. Public funds cover half, with the rest coming from private sources. Infrastructure receives half of the public money.

The Olympics promise 181,000 jobs and $57 billion in tax and social security revenue. The expected GDP boost is 0.5% during the event, then drops to 0.1%. The total economic injection is $122 billion. The IOC contributes $17 billion, which may offset losses seen in Tokyo and Rio.

Paris, already a tourist magnet, aims to restore its brand reputation. The expected increase in visitors is 2-3 million. The IOC predicts a $33 billion economic impact from 2017 to 2034.

Trade and investment benefits are highlighted, citing Sydney's success with business networking during the Olympics. Paris can leverage low-cost social events for business gains.

New bidding norms aim to prevent wasteful competition, focusing on utilizing existing infrastructure. Paris and Los Angeles secured future games through negotiated agreements, avoiding costly bidding wars.

Overall, the Olympics serve geopolitical and social goals, not just economic ones. Safety and smooth operation are paramount to uphold national pride.

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Reviving the Ice Bucket Challenge to Fundraise for ALS

Reviving the Ice Bucket Challenge to Fundraise for ALS

ALS, or Lou Gehrig's disease, is a progressive neurodegenerative disorder causing paralysis. No cure exists.

In 2014, the Ice Bucket Challenge went viral, raising awareness and funds. Pete Frates and Pat Quinn, both with ALS, led the campaign. They're gone now, but their legacy lives on.

Ten years later, at Fenway Park, the challenge re-emerged. Dozens, including Massachusetts Governor Maura Healey and sports stars, poured ice water over themselves. The event aimed to reignite interest and support for ALS research.

So far, the campaign has raised $250 million and spurred an additional $1 billion in research funding. More drugs are now available to treat the disease.

Nancy Frates, Pete's mother, spoke at the event. She remembered her son's determination and the movement he started. "The job isn't done," she quoted him saying.

Dr. Merit Cudkowicz, an ALS specialist, praised the challenge's impact. "It changed how we think about ALS," she said.

Mike Cunningham, diagnosed with ALS last year, attended the event. He found hope and kindness among the participants. "People are good," he noted.

The challenge began with Chris Kennedy, who dared his wife's cousin to take part. From there, it spread like wildfire, involving thousands, including celebrities and politicians.

The Ice Bucket Challenge remains a powerful reminder of collective action and hope in the face of a devastating disease.

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Food

Taco Bell Integrates AI in Drive-Thrus for Enhanced Efficiency

Taco Bell plans to implement AI at hundreds of drive-thrus by the end of the year. More than 100 locations are already utilizing it, experiencing improved order accuracy, quicker service, and increased profits. Human employees will transition to other roles, such as counter service and food preparation. The integration of AI is intended to optimize operations and enhance customer satisfaction.

AI, or artificial intelligence, is employed to automate tasks that were traditionally performed by humans.

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