Tag: AI industry

5 things about AI you may have missed today: Cabinet clears India’s Rs. 10000 cr AI mission, Stability AI unveils TripoS
7Mar By adminNo Comments
Technology

5 things about AI you may have missed today: Cabinet clears India’s Rs. 10000 cr AI mission, Stability AI unveils TripoS

[ad_1] Cabinet greenlights Rs. 10000 cr India AI mission for computing capacity boost; Stability AI unveils TripoSR: Revolutionary AI tool creates 3D models in seconds; AI's climate role questioned: Report warns of energy surge and misinformation; the AI industry backs nuclear power to sustain its energy appetite- this and more in our daily roundup. Let us take a look.1. Cabinet greenlights Rs. 10000 cr India AI mission for computing capacity boostThe Union Cabinet approved the India AI Mission, allocating Rs. 10372 crore for five years. The initiative aims to subsidize private companies for AI computing capacity, fund AI startups, and establish a framework for non-personal data. The government plans to set up 10000 GPUs and develop models for priority sectors. Implementation involves a...
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AI is a Double-Edged Sword for Climate Change
15Dec By adminNo Comments
Technology

AI is a Double-Edged Sword for Climate Change

[ad_1] Tech companies have pitched artificial intelligence as a powerful tool to address climate change, but first they may need to stop AI from making the problem even worse.  “It is absolutely true that AI is an energy-intensive technology,” said Sims Witherspoon, climate action lead at Google DeepMind. “Until we have a grid that is run completely on clean energy, those technologies will have a carbon footprint.”  Witherspoon made the remarks during an interview for the latest episode of the Bloomberg Originals series AI IRL, available to stream now.  Data centers around the world currently comprise about 1% to 1.5% of global electricity use, according to the International Energy Agency. But AI requires more energy than other forms of computing. As companies like Microsoft Corp., Open...
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AI Startup Cohere’s CEO Slams Effective Altruism in Wake of OpenAI Drama
24Nov By adminNo Comments
Technology

AI Startup Cohere’s CEO Slams Effective Altruism in Wake of OpenAI Drama

[ad_1]  The chief executive officer of artificial intelligence startup Cohere criticized the “self-righteousness” of the effective altruism movement and those overly concerned with the threat of an AI doomsday in a letter to his staff on Wednesday.The AI industry has been increasingly divided between those who urge caution and restraint in the development of the technology and those who want to barrel ahead quickly. That tension was on full display this past week amid the rupture between OpenAI CEO Sam Altman and the board members who fired him Friday—before the company rehired him five days later. The fear that AI might wipe out humanity is a key belief among many effective altruists and one that has grown increasingly influential in Silicon Valley and in the AI industry over the past ...
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Nvidia Fails to Satisfy Lofty Investor Expectations for AI Boom
23Nov By adminNo Comments
Technology

Nvidia Fails to Satisfy Lofty Investor Expectations for AI Boom

[ad_1] Nvidia Corp. investors gave a cool reaction to its latest quarterly report, which blew past average analysts' estimates but failed to satisfy the loftier expectations of shareholders who have bet heavily on an artificial intelligence boom. Revenue in the current period will be about $20 billion, the world's most valuable chipmaker said Tuesday in a statement. Though that topped the average Wall Street prediction of $17.9 billion, some projections reached as high as $21 billion. The shares fell 3% to $484.42 in New York on Wednesday, the biggest intraday drop in three weeks.  We are now on WhatsApp. Click to join While Nvidia posted another quarter of impressive growth, some investors were clearly anticipating more. They have poured money into the stock this year — sending it up...
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Regulating AI Will Be Essential. And Complicated.
3Apr By adminNo Comments
Technology

Regulating AI Will Be Essential. And Complicated.

[ad_1] Whether or not calls for pausing AI development succeed (spoiler: they won't), artificial intelligence is going to need regulation. Every technology in history with comparably transformational capabilities has been subject to rules of some sort. What that regulation should look like is going to be an important and complicated problem, one I and others will be writing a lot about it in the months and years to come.Before we even get to the content of the regulation needed, however, there's a crucial threshold question that needs to be addressed: Who should regulate AI? If it's government, which part of government, and how? If it's industry, what are the right kinds of mechanisms to balance innovation with safety? I'd like to start suggesting some basic principles that should guide...
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