Tag: Revenue Management

5 things about AI you may have missed today: Tech Mahindra CEO on AI, Rakuten to invest $10 mn in India on AI, more
Technology

5 things about AI you may have missed today: Tech Mahindra CEO on AI, Rakuten to invest $10 mn in India on AI, more

[ad_1] Tech Mahindra CEO sees AI as an amplifier of human capabilities, not a job threat; Rakuten to invest $10 mn in India on AI and 6G development; AI knowledge consortium launched by 12 research organizations in India; Zora expands into AI, offering revenue streams for model makers- this and more in our daily roundup. Let us take a look.1. Tech Mahindra CEO sees AI as an amplifier of human capabilities, not a job threatTech Mahindra's CEO, Mohit Joshi, emphasises the transformative power of AI, viewing it as an enhancer of human capabilities rather than a threat to jobs. Speaking at Mobile World Congress 2024, Joshi discusses the company's focus on leveraging AI in auto racing for technology, battery optimization, and enhancing overall experiences. He believes AI expands opportunitie...
Microsoft CEO Satya Nadella highlights the immense power AI PCs wield
Technology

Microsoft CEO Satya Nadella highlights the immense power AI PCs wield

[ad_1] The annual HP Amplify partner conference in Las Vegas unfolded with a wave of discussions and revelations, all centered around the profound impact of artificial intelligence (AI) on various industries. From partnership program upgrades to a strategic shift towards subscriptions and services, the two-day event brought tech leaders, including Microsoft CEO Satya Nadella and Alphabet CEO Sundar Pichai, to a unanimous agreement on the pivotal role of AI. Analysts are dubbing 2024 as the year when AI takes center stage in product pitches.During the HP Amplify Partner Conference's fireside chat with HP CEO Enrique Lores, Satya Nadella, in his 32nd year at Microsoft, emphasised AI's broad potential impact, calling for a fundamental reevaluation of the entire tech stack. Nadella highligh...
Apple is making big App Store changes in Europe over new rules. Could it mean more iPhone hacking?
Technology

Apple is making big App Store changes in Europe over new rules. Could it mean more iPhone hacking?

[ad_1] Apple is opening small cracks in the iPhone's digital fortress as part of a regulatory clampdown in Europe that is striving to give consumers more choices — at the risk of creating new avenues for hackers to steal personal and financial information stored on the devices.The overhaul rolling out Thursday only in the European Union represents the biggest changes to the iPhone's App Store since Apple introduced the concept in 2008. Among other things, people in Europe can download iPhone apps from stores not operated by Apple and are getting alternative ways to pay for in-app transactions. European regulators are hoping the changes mandated by the Digital Markets Act, or DMA, will loosen the control that Big Tech's “digital gatekeepers” have gained over the products and services tha...
5 things about AI you may have missed today: Cabinet clears India’s Rs. 10000 cr AI mission, Stability AI unveils TripoS
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...
It’s not just Elon Musk: ChatGPT-maker OpenAI confronting a mountain of legal challenges
Technology

It’s not just Elon Musk: ChatGPT-maker OpenAI confronting a mountain of legal challenges

[ad_1] After a year of basking in global fame, the San Francisco company OpenAI is now confronting a multitude of challenges that could threaten its position at the vanguard of artificial intelligence research.Some of its conflicts stem from decisions made well before the debut of ChatGPT, particularly its unusual shift from an idealistic nonprofit to a big business backed by billions of dollars in investments. It's too early to tell if OpenAI and its attorneys will beat back a barrage of lawsuits from Elon Musk, The New York Times and bestselling novelists such as John Grisham, not to mention escalating scrutiny from government regulators, or if any of it will stick. Feud with Elon MuskOpenAI isn't waiting for the court process to unfold before publicly defending itself against legal c...
AINot good for society to make untested AI model public, advisory on AI not binding: Vaishnaw
Technology

AINot good for society to make untested AI model public, advisory on AI not binding: Vaishnaw

[ad_1] Social media firms and internet companies need to take the onus of their work, Union Minister for Electronics and Information Technology Ashwini Vaishnaw said on Monday, asserting that no untested AI model can be made public as it is not good for society.The minister also said that the government advisory on Artificial Intelligence (AI) is not binding but it apprises firms that they should make their AI models public only after testing. Deployment of AI models should be done responsibly, Vaishnaw said, adding, "It is important for citizen's safety, democratic process. Therefore, an advisory has been issued that any AI model should be properly tested before being made available. It is applicable on social media platforms (as well)." He was replying to a question on the government'...
ChatGPT-rival Anthropic releases more powerful models to fuel its Claude AI chatbot
Technology

ChatGPT-rival Anthropic releases more powerful models to fuel its Claude AI chatbot

[ad_1] Anthropic, a major player in generative artificial intelligence, announced new models to fuel its Claude AI chatbot, the company said on Monday, as ChatGPT faces more rivals.The company said three new AI models - called Claude 3 Opus, Sonnet and Haiku - were its most high-performing tools yet and were industry leading in terms of their ability to match human intelligence. Founded in 2021, Anthropic was created by former employees of OpenAI, the company behind ChatGPT and has been funded by Google and partnered with Amazon to develop new technology. The company has made its hallmark to release AI models that seek to impose stricter guardrails than those behind ChatGPT and other chatbot rivals.But this approach has faced pushback after last month's release of Google's Gemini model ...
‘Game-changing’ tech fuels US relook at China data risks
Technology

‘Game-changing’ tech fuels US relook at China data risks

[ad_1] From genomic information to internet-connected cars, the United States is rethinking its data protection policies -- with further trade curbs aimed at China in the cards -- as tech like AI brings new risks.In the past week alone, President Joe Biden took steps expanding Washington's national security toolkit, sounding the alarm on possible risks from Chinese vehicles and tech, a day after issuing an order to limit the flow of sensitive personal data abroad. The fear is that such data can be used to track citizens, including those with sensitive jobs, or train artificial intelligence models. The use of sensitive data to develop AI could allow adversaries to use the tech to target US individuals for espionage or blackmail, such as by recognizing patterns across datasets to identify...
5 things about AI you may have missed today: Project Maven, BPO staff faces swift AI replacement, and more
Technology

5 things about AI you may have missed today: Project Maven, BPO staff faces swift AI replacement, and more

[ad_1] The US military's AI warfare endeavour is humming; BPO workers face swift AI replacement, warns Nasscom Chairman; Morris II AI worm poses a threat to ChatGPT and Gemini; AI enabled hearing aids offer revolutionary solutions for hearing impairment- this and more in our daily roundup. Let us take a look.1. Project Maven: Inside the US military's AI warfare endeavourThe US military's secretive Project Maven aimed to leverage AI for warfare. Will Roper, formerly in charge of the classified Strategic Capabilities Office, discusses the challenges of developing AI technology for the battlefield on Bloomberg's Big Take DC podcast. Despite claims of a human "in the loop," concerns linger about the rapid decision-making pace surpassing human control. 2. BPO workers face swift AI replacemen...