Tag: gen AI

India top choice for digital pursuit; firms to boost investments in AI, big data, cybersecurity: nasscom
15Apr By adminNo Comments
Technology

India top choice for digital pursuit; firms to boost investments in AI, big data, cybersecurity: nasscom

[ad_1] India remains the top choice for enterprises looking to expand digital services portfolio and companies are expected to increase spending on AI, data analytics and cybersecurity, industry body nasscom said in a report on Monday.The report 'Digital Enterprise Maturity 5.0: Digital Readiness in the Era of AI' is based on a survey of 550 enterprises across 11 major sectors and seven major geographical regions. The survey found that 71 per cent of enterprises in India spent over 20 per cent of their tech spends on digital in 2023. "Nearly 90 per cent of companies have signalled plans to boost investments in key digital technology areas in 2024, including artificial intelligence (AI)/machine learning (AI/ML), big data analytics, cloud computing, cybersecurity, and intelligent automati...
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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
11Mar By adminNo Comments
Technology

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...
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5 things about AI you may have missed today: AI not here to ‘take our jobs’, Tamil Nadu introduces AI mission, more
19Feb By adminNo Comments
Technology

5 things about AI you may have missed today: AI not here to ‘take our jobs’, Tamil Nadu introduces AI mission, more

[ad_1] AI roundup: In recent AI news, S&P Global Market Intelligence President Adam Kansler said that AI will not take our jobs but it may create a demand curve and we have to go a long way to fully understand the technology. On the other hand, Tamil Nadu is embracing the path of technological innovation and has announced an Artificial Intelligence Mission for the development of the state. Know more about what is happening in the world of AI today. S&P Global Market Intelligence highlighted how AI could create a demand curveIn a recent interview, Adam Kansler highlighted that AI is not here to take our jobs or reduce human labour, however, it may create a demand curve which is yet to be discovered. Kansler said that the increasing productivity may lead to change in demand which ...
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Sarvam AI spearheads drive to address India’s unique needs; gets funding from Khosla Ventures, others
12Feb By adminNo Comments
Technology

Sarvam AI spearheads drive to address India’s unique needs; gets funding from Khosla Ventures, others

[ad_1] Sarvam AI, an emerging AI startup that is dedicated to addressing India's unique requirements, has successfully raised $41 million in a Series A funding round. Led by Lightspeed, the investment round also saw participation from Peak XV Partners and Vinod Khosla's Khosla Ventures, marking a significant milestone as the largest early-stage fundraising endeavour for an Indian AI startup to date.Co-founded by Vivek Raghavan and Pratyush Kumar, Sarvam AI aims to pioneer a comprehensive approach towards generative AI development. Their strategic vision encompasses the entire spectrum of generative AI, from pioneering research initiatives in custom model training to establishing an enterprise-grade platform for model authoring and deployment. This holistic approach is expected to cataly...
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5 things about AI you may have missed today: AI threatens 40% of global jobs, Urtopia unveils AI-enhanced e-bike, more
15Jan By adminNo Comments
Technology

5 things about AI you may have missed today: AI threatens 40% of global jobs, Urtopia unveils AI-enhanced e-bike, more

[ad_1] AI threatens 40% of global jobs, deepening inequality, says IMF; NASA unveils gen AI-powered tool to streamline access to vast science data; Davos survey warns geopolitics and AI to impede global economy; HCLTech and SAP join forces to propel gen AI innovation and business transformation- this and more in our daily roundup. Let us take a look.1. AI threatens 40% of global jobs, deepening inequality: IMFAI's ascent may jeopardise nearly 40 percent of global jobs, intensifying inequality, warns the International Monetary Fund (IMF). Managing Director Kristalina Georgieva urges governments to establish safety nets and retraining initiatives to counter AI's impact. Predicting heightened inequality, Georgieva calls for proactive policymaking to prevent social tensions. Advanced econom...
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5 things about AI you may have missed today: Gen AI set to boost India’s GDP, Boots to unveil AI ‘Personal Shopper’
17Dec By adminNo Comments
Technology

5 things about AI you may have missed today: Gen AI set to boost India’s GDP, Boots to unveil AI ‘Personal Shopper’

[ad_1] Gen AI set to boost India's GDP by $1.2-1.5 trillion by 2030, EY report reveals; AI chatbots and humans share the hallucination experience; Federal agencies lag in AI management, GAO report reveals; Bihar Police exam to deploys AI to prevent cheating for 1,275 sub-inspector posts- this and more in our daily roundup. Let us take a look.1. Gen AI set to boost India's GDP by $1.2-1.5 trillion by 2030, EY report revealsGenerative artificial intelligence (Gen AI) could contribute $1.2-1.5 trillion to India's GDP by FY30, states an EY India report. Titled 'The AIdea of India,' the report outlines Gen AI's potential to accelerate India's digital transformation. It forecasts a $359-438 billion addition in FY 2029-30 alone, with business services, financial services, education, retail, an...
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5 things about AI you may have missed today: AI voice changer, Microsoft boss says no chance for AGI, more
30Nov By adminNo Comments
Technology

5 things about AI you may have missed today: AI voice changer, Microsoft boss says no chance for AGI, more

[ad_1] Today is the last day of November and as the end of the year festivities appear near the horizon, the artificial intelligence space is still hard at work. In the first news today, Voicemod, a popular AI voice changer app available on PC and Mac, has received a new update that will allow users to create new voices from scratch. In other news, Microsoft President Brad Smith addressed the rumors about OpenAI making a breakthrough toward AGI and said that there is no probability that we will see AGI anytime soon. This and more in today's AI roundup. Let us take a closer look. Voicemod gets an updateVoicemod has introduced new features allowing users to easily create and share their own customized AI voices, reports The Verge. Widely popular among gamers and streamers, Voicemod initia...
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The future of AR is here! Snap and OpenAI collaborate to unleash ChatGPT-driven lenses
11Nov By adminNo Comments
Technology

The future of AR is here! Snap and OpenAI collaborate to unleash ChatGPT-driven lenses

[ad_1] In a groundbreaking move, Snap, the visionary parent company behind Snapchat, has joined forces with OpenAI to usher in a new era of augmented reality (AR) experiences. The announcement, made at the sixth annual Lens Fest, revealed a strategic partnership aimed at empowering developers to seamlessly integrate ChatGPT into their AR Lenses, ushering in a wave of innovative learning, conversational, and creative possibilities for Snapchatters.Lens Studio 5.0 Beta LaunchSnap is not stopping there, accompanying this collaboration is the launch of Lens Studio 5.0 Beta, an advanced AR development tool poised to elevate the creation of captivating Lenses. At the core of this development is the introduction of the ChatGPT Remote API, granting Lens developers unprecedented access to the ca...
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AI brings affordability and has specific use cases to solve problems, says Salesforce India CEO
26Aug By adminNo Comments
Technology

AI brings affordability and has specific use cases to solve problems, says Salesforce India CEO

[ad_1] What is the role of artificial intelligence in human activity? Is it that of command and control or an aid to achieving set targets or goals? While one points towards a benevolent AI, the other may refer to something dangerous. Speaking on the issue of AI on Friday was Salesforce India CEO Arundhati Bhattacharya who said that artificial intelligence and generative technology is more of an assistant than a self-functioning unit.She added that at present, there is always a human involved in AI operations and it is difficult to say if it will work on its own in the future. "It's more of an assistant right now. We have not reached the point where we can allow it (to operate independently)... will it be totally on its own at some point, is very difficult to say now," she said. She add...
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New York Times may sue OpenAI over copyright violations by ChatGPT
18Aug By adminNo Comments
Technology

New York Times may sue OpenAI over copyright violations by ChatGPT

[ad_1] The battle between artificial intelligence (AI) and people in creative fields has been ongoing for some time. In the US, actors and writers working in Hollywood have been on strike to limit the usage of AI as they may lose their jobs. Even authors have joined the cause by submitting an open letter to corporations involved in developing these AI tools requesting them to pay fair compensation for using their work as “food” for AI. And now, reports have emerged that a major news publisher New York Times may take legal action against OpenAI, the developer of the popular AI chatbot ChatGPT.According to a report by NPR, “Lawyers for the newspaper are exploring whether to sue OpenAI to protect the intellectual property rights associated with its reporting, according to two people with d...
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