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AI roundup [April 9]: Remote proctored exam platform unveiled, South Korea invests in AI and more

9Apr

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AI roundup [April 9]: Remote proctored exam platform unveiled, South Korea invests in AI and more

[ad_1] AI roundup: With preference for online exams growing, an online assessment solutions company announced its AI-powered remote proctored exam platform to eliminate the chances of cheating. In other news, South Korea is planning to invest over $7 billion in AI to retain its name as a leading semiconductor chip provider. Know about more such AI news from today, April 9, in our roundup. New AI-powered remote proctored exam platform announcedA company named ExamOnline launched its next-generation online remote proctored exam platform which is powered by AI technology. The platform utilizes AI-powered proctoring and uses technology such as facial recognition, behavioural analysis, and environmental monitoring to identify any potential chance of cheating. Maneesh Singh, CEO of ExamOnlin...

5 Things about AI you may have missed today: AI to translate sign language, OpenAI unveiled new office in Tokyo, more

1Apr

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5 Things about AI you may have missed today: AI to translate sign language, OpenAI unveiled new office in Tokyo, more

[ad_1] AI roundup: A Pune-based startup, Glovatrix has taken advantage of Artificial Intelligence (AI) technology to introduce a voice translation device for sign languages. This is a great step to discard communication barriers among the deaf community. In other news, OpenAI looks for expansions and opens a new office in Tokyo. Know more about such AI news from today. A Pune startup leverages AI to translate sign languageA startup named Glovatrix which was founded by Parikshit Sohoni and Aishwarya Karnataki has announced a device for workplace communications which will provide voice translation to sign language. The device is integrated with AI which enables the device to understand the gestures. To train the system, the device tracks details about the movement which enables it to reco...

5 Things about AI you may have missed today: India’s AI potential, Samsung rushes into medical AI, and more

20Mar

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5 Things about AI you may have missed today: India’s AI potential, Samsung rushes into medical AI, and more

[ad_1] AI roundup: India is embracing new technologies such as AI with full force. By acknowledging the efforts, Prime Minister Narendra Modi said that the country will be leading the world in AI. In other news, Samsung and Deloitte invested in Medical AI Startup PocketHealth to explore how AI could boost the healthcare sector. Check out more news about AI from today, March 20, 2024.1. PM Narendra Modi on the potential of AI in India PM Modi, while addressing the Startup Mahakumbh event, highlighted India's capabilities to lead the world in AI. He also encouraged startups to build solutions that will improve India's global challenges. PM Modi said, “We are in a new era of AI technology, and the world acknowledges that India will have an upper hand in AI. It is now our priority to ensure...

5 Things about AI you may have missed today: South Korea highlights AI risk, Qualcomm unveils new AI chipset, more

18Mar

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5 Things about AI you may have missed today: South Korea highlights AI risk, Qualcomm unveils new AI chipset, more

[ad_1] AI roundup: South Korean President Yoon Suk Yeol highlights the risk of AI to democracy at a global summit. Yeol talked about how fake news and disinformation are being spread with the use of AI and how it could create a big threat. In other news, Qualcomm announced its new Snapdragon 8s Gen 3 chipset with the ability to support on-device generative AI. Know more about such AI news today, March 18, 2024.South Korean President speaks about AI riskSouth Korea is conducting the third Summit for Democracy in which the president of the country discusses how AI has been affecting human rights and democracy. Yeol also accused Russia and China of encouraging misinformation campaigns. Yeal at the summit said, “Fake news and disinformation based on artificial intelligence and digital tech...

5 things about AI you might have missed today: Elon Musk’s xAI to open-source Grok; AI problems hit manufacturing, more

11Mar

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5 things about AI you might have missed today: Elon Musk’s xAI to open-source Grok; AI problems hit manufacturing, more

[ad_1] AI roundup: Elon Musk's AI startup xAI will open-source OpenAI rival Grok, it has been revealed today. Grok is a chatbot which was announced for X. Now, Musk says he will open-source Grok AI chatbot, which means its source code will be freely available to everyone. In other news, the manufacturing industry is struggling to integrate AI and automation into their business process. Know more about what is happening in the world of AI today.Elon Musk announced that xAI will open-source GrokxAI, Musk's AI startup company has announced it will make its large language model called Grok open-source, according to a Reuters report. Musk also shared a post on X saying, “This week, @xAI will open source Grok.” This comes quickly in the wake of Musk slapping a lawsuit against OpenAI for turni...

AI startup Jasper acquires image generator Clipdrop from Stability AI

22Feb

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AI startup Jasper acquires image generator Clipdrop from Stability AI

[ad_1] U.S. writing assistant startup Jasper has acquired Clipdrop, an artificial intelligence-powered photo application from Stability AI, the company told Reuters on Wednesday, as Jasper expands its offerings to corporates.The deal, the terms of which were not disclosed, marks a reversal in strategy for Stability AI, a London-based startup known for its image generation AI model, which acquired Clipdrop less than a year ago. In an emailed statement, Emad Mostaque, CEO at Stability AI said the deal will allow the company to continue to focus on developing "cutting-edge open models". Founded in July 2020, Paris-based Clipdrop had raised seed investment from Air Street Capital before being sold to Stability AI in March 2023 for an undisclosed amount. At the time, Clipdrop said it had mor...

Groq’s AI chips are faster than Nvidia’s? AI startup hits the spotlight with ‘lightning-fast’ engine

22Feb

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Groq’s AI chips are faster than Nvidia’s? AI startup hits the spotlight with ‘lightning-fast’ engine

[ad_1] AI startup Groq (not Elon Musk's Grok) has unveiled its new artificial intelligence (AI) chip with a Language Processing Unit (LPU) architecture that claims to deliver instantaneous response times. This new innovation comes at a time when AI is witnessing a boom, and companies such as OpenAI, Meta and Google are hard at work developing their suite of AI tools such as Sora, Gemma and more. However, Groq outright claims that it delivers “the world's fastest large language models.”Groq claims its LPUs are faster than Nvidia's Graphics Processing Units (GPUs). Considering that Nvidia has grabbed the spotlight so far in terms of AI chips, this aspect is startling. However, to back that up, Gizmodo reports that the demonstrations made by Groq were "Lightning-fast" and they even made "....

5 things about AI you may have missed today: AI to dominate fintech, AI startup ElevenLabs turns unicorn, more

22Jan

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5 things about AI you may have missed today: AI to dominate fintech, AI startup ElevenLabs turns unicorn, more

[ad_1] AI to dominate fintech for next five years, WEF study reveals; Blockchain emerges as key tool to tackle bias in AI training; Voice AI startup ElevenLabs attains unicorn status with $1.1 billion valuation in latest funding round; EY survey unveils Gen AI's impact on Indian retail transformation- this and more in our daily roundup. Let us take a look.1. AI to dominate fintech for next five years, WEF study revealsAI is poised to lead fintech development over the next five years, with 70% of respondents in a World Economic Forum study highlighting its relevance. The research, conducted by Bryan Zhang of the Cambridge Centre for Alternative Finance, gathered insights from 227 fintech firms across various verticals and regions. Societal and economic impact emerged as a concern, with 4...

Google DeepMind scientists in talks to leave and form AI startup

20Jan

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Google DeepMind scientists in talks to leave and form AI startup

[ad_1] A pair of scientists at Google DeepMind, the Alphabet Inc. artificial intelligence division, have been talking with investors about forming an AI startup in Paris, according to people familiar with the conversations. The team has held discussions with potential investors about a financing round that may exceed €200 million ($220 million) — a large sum, even for the buzzy field of AI, the people said. Laurent Sifre, who has been working as a scientist at DeepMind, is in talks to form the company, known at the moment as Holistic, with fellow DeepMind scientist Karl Tuyls, said the people, asking not to be identified discussing private information. They said the venture may be focused on building a new AI model. Sifre and Tuyls didn't respond to multiple requests for comment. A Dee...

Ousted Twitter CEO Parag Agrawal is back with an AI startup; gets $30 mn in funding led by Khosla Ventures

12Jan

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Ousted Twitter CEO Parag Agrawal is back with an AI startup; gets $30 mn in funding led by Khosla Ventures

[ad_1] Twitter (which goes by X now), has been on a whirlwind journey in the last couple of years. Back in 2021, then-CEO Jack Dorsey stepped down and was replaced by CTO Parag Agrawal. However, his tenure was short-lived as billionaire Elon Musk took over the microblogging platform just a year later, sparking a mass exodus of employees from the company. Since then, the myriad of changes has included new features and a complete rebranding to X. Meanwhile, not much was known about ousted CEO Parag Agrawal's fate. But that's not the case anymore, as Agrawal is back with an artificial intelligence (AI) startup that has already raised $30 million in funding that is led by Khosla Ventures. Parag AgrawalAgrawal joined Twitter 10 years ago when there were fewer than 1,000 employees in the comp...