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5 Things about AI you may have missed today: OpenAI responds to lawsuit, Puma integrates Google’s AI solutions, more

6Mar

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Technology

5 Things about AI you may have missed today: OpenAI responds to lawsuit, Puma integrates Google’s AI solutions, more

[ad_1] AI roundup: In response to Elon Musk's lawsuit, OpenAI released a statement via a blog post, highlighting the allegations over the responsibility of building artificial intelligence (AI) tools. In a separate development, PUMA has integrated Google Cloud's AI solutions to improve its shopping experience for customers. Know more about what happened in the world of AI today, March 6, 2024.1. OpenAI responds to Elon Musk's lawsuitLast week, Elon Musk filed a lawsuit against OpenAI Chief Executive Officer Sam Altman and President Greg Brockman claiming that the company has diverted from its goal to develop responsible AI. Now, ChatGPT maker has finally reposed to the claims saying “We're sad that it's come to this with someone whom we've deeply admired.” It is reported that Musk vente...

For humanity’s sake! Elon Musk is right about Sam Altman-led OpenAI’s hypocrisy

1Mar

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Technology

For humanity’s sake! Elon Musk is right about Sam Altman-led OpenAI’s hypocrisy

[ad_1] Call it an epic troll by Elon Musk if you want, but the billionaire's lawsuit against OpenAI puts a refreshing spotlight on the endless humanitarian posturing by AI businesses.Musk has sued the world-leading AI company and its chief executive officer, Sam Altman, for breaking their founding agreement about building powerful AI systems “for the benefit of humanity.” OpenAI still touts that mission on its website, but Musk is calling BS: “In reality… OpenAI Inc. has been transformed into a closed-source de facto subsidiary of the largest technology company in the world: Microsoft,” his lawsuit, filed in a San Francisco court on Thursday night, says. He's right. But first, let's bear in mind why Musk might be suing. The billionaire is notoriously thin-skinned and known for holding a...

Google, Microsoft Will Dominate AI as Computing Costs Surge

20Feb

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Technology

Google, Microsoft Will Dominate AI as Computing Costs Surge

[ad_1] Sam Altman's goal of raising about $7 trillion to make artificial-intelligence chips tells a story beyond his borderline-insane ambitions. First, the infrastructure needed to build AI has become exorbitantly expensive. Second, most of that value is still — still! — held by a handful of large technology companies — and the oligopoly is only going to get worse. For all the competition that was spurred by the launch of ChatGPT in late 2022, and the flurry of new startups that jumped into the hyped-up generative AI market, most of those new players will likely fold or be folded into the incumbents over the next year or so. The costs of doing business are too high for them to survive on their own. Take Sasha Haco, the chief executive officer of Unitary, which scans videos on social m...

Apple goes to war over AI, snaps up over 30 startups in 2023, more than any other tech titan

9Feb

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Apple goes to war over AI, snaps up over 30 startups in 2023, more than any other tech titan

[ad_1] Apple has always been quiet about its plans and new innovations and the same applies to artificial intelligence (AI). However, it looks like Apple was caught on the backfoot when most of the other big tech companies like Microsoft, Google, Meta and even OpenAI stole all the AI thunder over the last year. Now, Apple is looking, not just to catch up, but overtake everyone else and for that, it has gone on a warpath - an acquisition spree in order to ensure it conquers this new technology in every way. So, even as it's working on its AI initiatives in-house, it is being reported that Apple has gone on the warpath and gobbled up more than 30 AI startups last year, which is shockingly higher than any other tech giant's investment.Over the last year, Apple built its base with AI techno...

5 things about AI you may have missed today: China clears 40 AI models, AI chip market, and more

29Jan

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Technology

5 things about AI you may have missed today: China clears 40 AI models, AI chip market, and more

[ad_1] AI roundup: Satya Nadella will be visiting India as part of his annual visit on February 7, 2024. On his agenda would be to explore various AI opportunities and for that, he would be meeting leaders in Indian startups space. Chinese authorities have started the approval process for AI models and already approved 40 models. Know more about AI happenings here.Satya Nadella to meet AI startups in India in FebruaryPuneet Chandok, Microsoft India and South Asia's President revealed in an internal email about the visit of Microsoft CEO Satya Nadella to India with the ambition to explore the opportunities of AI in the country. The email said, “AI is playing a game-changing role in shaping ‘India's Techade' and will make India and South Asia one of the most exciting markets for technolog...

Google, Microsoft, Amazon, Nvidia to Sam Altman, check out the wild Generative AI ride in 2023

4Jan

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Technology

Google, Microsoft, Amazon, Nvidia to Sam Altman, check out the wild Generative AI ride in 2023

[ad_1] After OpenAI stole the limelight, Google, Microsoft, Amazon and other Big Tech companies rushed muscled in on the Generative AI action along with a sideshow that starred Sam Altman.ChatGPT was well on its way to becoming a household name even before 2023 kicked off. Just weeks after the Nov. 30 launch of the generative artificial intelligence-powered chatbot, OpenAI, the non-profit behind ChatGPT, was projected to rake in as much as $1 billion in revenue in 2024, sources told Reuters at the time. The so-called large language model's ability to turn prompts into poetry, song, and high school essays enchanted 100 million users within two months, accomplishing what took Facebook four and a half years and Twitter five in becoming the fastest growing consumer app ever. Sometimes, the ...

5 things about AI you may have missed today: G7 leaders forge AI rules, Nvidia CEO eyes Malaysia as AI manufacturing hub

8Dec

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Technology

5 things about AI you may have missed today: G7 leaders forge AI rules, Nvidia CEO eyes Malaysia as AI manufacturing hub

[ad_1] G7 leaders forge historic international rules for generative AI; Tech giants fail to deliver on ethical AI promises, according to a Stanford report; Amazon CEO foresees transformative impact of generative AI on customer experiences; New York partners with intuition robotics to combat senior loneliness with AI companions- this and more in our daily roundup. Let us take a look.1. G7 leaders forge historic international rules for generative AIThe G7 leaders reached a historic agreement on the first international rules for generative artificial intelligence, applying to both developers and users. The principles emphasise transparency, urging public reporting of AI systems' capabilities and limitations. To combat disinformation, the rules call for advancing authentication technology. ...

5 things about AI you may have missed today: Crackdown against deepfakes under govt review, Meta-IBM AI alliance, more

5Dec

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Technology

5 things about AI you may have missed today: Crackdown against deepfakes under govt review, Meta-IBM AI alliance, more

[ad_1] Today, December 5, was an important day in the artificial intelligence space. Union Minister Rajeev Chandrasekhar met social media platforms to review progress made by them in tackling the issue of deepfakes, and misinformation in general. New advisories for compliance are expected to be released. Meta Platforms and IBM have joined an AI alliance with 40 other organizations to create an industry group dedicated to open-source AI work, aiming to share technology and reduce risks. This and more in today's AI roundup. Let us take a closer look.Govt reviews social media platforms' efforts to curb deepfakesUnion Minister Rajeev Chandrasekhar recently met with social media platforms to assess their efforts in combating misinformation and deepfakes. He emphasized that advisories will be...

1Dec

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Technology

Big Tech in charge as ChatGPT turns one

[ad_1] A year after the history-making release of ChatGPT, the AI revolution is here, but the recent boardroom crisis at OpenAI, the super app's company, has erased any doubt that Big Tech is in charge.In some ways, the discreet reveal of ChatGPT on November 30 last year was the revenge of the geeks, the unsung researchers and engineers who have been quietly building generative AI behind the scenes. OpenAI CEO Sam Altman, a well-known figure in technology circles, but still little known beyond that, with the release of ChatGPT made sure that this unheralded AI tech would get the attention it deserves. ChatGPT became the fastest adopted app in history (since taken over by Meta's Threads) as users marveled at the generation of poems, recipes -- or whatever the internet could muster -- in ...

AI Firms Dominate Peak XV’s Latest Program to Boost Startups

23Oct

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Technology

AI Firms Dominate Peak XV’s Latest Program to Boost Startups

[ad_1] Venture capital firm Peak XV Partners said the latest batch of its accelerator program are made up mainly of AI and deep tech startups, as global investors jostle to be early in such companies.Peak XV, formerly known as Sequoia Capital India & Southeast Asia, said there are 13 startups in the newest Surge cohort, of which 10 are in the AI and deep tech field. Seven of the startups are from India, four from Southeast Asia, and two from Australia, the fund said Monday. The startups are in diverse areas from advanced manufacturing, quantum computers, climate tech and health tech, and receive as much as $3 million in capital. “If 1999 was the start of the consumer internet era, then 2023 will be the beginning of the AI era,” Shailendra Singh, managing director of Peak XV, said in...