Zoom AI Companion Surpasses 500K Accounts Milestone and Launches Automatic Language Detection
Zoom has reported that its AI Companion productivity assistant has had over 500,000 accounts enabled within five months of launching.
In its Q4 FY 24 earnings call, Zoom underlined the early successes of its AI investments as being key drivers of its total revenue growth, rising 2.6 percent year over year for Q4.
Zoom also highlighted that AI Companion has already generated 7.2 million meeting summaries and outlined how its AI-first capabilities powered an impressive quarter (and year) for its Contact Centre business.
Kelly Steckelberg, CFO at Zoom, commented in the earnings call:
Zoom AI Companion has grown tremendously in just five months with over 510,000 accounts enabled and 7.2 million meeting summaries created as of the close of FY ’24. We are excited about the strong growth across these new products and the benefits they drive for our customers.”
This week, Zoom also announced that its AI Companion productivity assistant now automatically detects supported languages when producing meeting summaries.
To support multilingual teams in collaborating and communicating more dynamically across the Zoom platform, the new language capabilities for AI Companion also extend to nine languages for Team Chat and 36 languages (in preview) for in-meeting features.
Microsoft Reveals Dates for Major Annual Events, Announces Major AI Partnership With Mistral
Microsoft has announced the dates for its major 2024 events, including Microsoft Ignite, Build and AI Tour.
Microsoft Ignite was confirmed for Chicago, November 18-22, 2024, while Build was confirmed for May 21-23, 2024.
Perhaps unsurprisingly, given Microsoft’s campaign to frame 2024 as the year of the AI PC, Microsoft positioned artificial intelligence front and centre in the previews for its 2024 events.
"2023 was a year of exciting growth and innovation here at Microsoft," said Takeshi Numoto, Executive Vice President and Chief Marketing Officer at Microsoft. "This year’s focus is to empower our customers and partners through AI transformation, and we’re excited to share what will be an impactful lineup of events for 2024. Attending any of these events provides you with the opportunity to learn, grow and make defining connections with experts from around the world."
Microsoft’s Inspire Event, which took place in July last year and is designed for the vendor’s partner community, has been scrapped as an in-person showcase. In what the tech giant describes as “the next chapter” for Inspire, the event planned for this July will occur online.
In other Microsoft news, the tech giant has partnered with French AI business Mistral in a multiyear deal to commercialise its new language models.
Mistral’s open and commercial language models will now be accessible on Microsoft’s Azure AI platform. Microsoft’s partnership with Mistral, which has existed for ten months but is valued at around $2.1 billion, intends to prioritise the advancement and implementation of next-generation large language models.
