Page 101 - Latest Updates on Artificial intelligence
Over 500 AI models are now optimised for Core Ultra processors, says Intel
Intel said the AI models optimised for Core Ultra processors are available from popular industry sources, including OpenVINO Model Zoo, Hugging Face, ONNX Model Zoo and PyTorch
 "Over 500 AI models are now optimised for Core Ultra processors, says Intel")
Microsoft to invest $2.2 billion in cloud, AI services in Malaysia
It marks Microsoft's single largest investment in Malaysia, as the tech giant seeks to bolster support for AI development in the region and worldwide
 "Microsoft to invest $2.2 billion in cloud, AI services in Malaysia")
Govt to conduct digital crop survey across India using AI to assess acreage
The initiative will assist in developing more accurate farm production forecasts, and facilitating timely implementation of suitable trade policy measures
 "Govt to conduct digital crop survey across India using AI to assess acreage")
Qualcomm's forecast beats estimates as AI drives chip sales in China
After a smartphone slump last year, Qualcomm said that China's Android market - which has become critical to the company - has started to pick up
 "Qualcomm's forecast beats estimates as AI drives chip sales in China")
Apple set for big sales decline as investors await GenAI in iPhones
Apple earlier this year lost the crown of the world's most valuable company to Microsoft. Its market value stands at $2.68 trillion after the share price declined 11.24% so far this year
 "Apple set for big sales decline as investors await GenAI in iPhones")
Alphadroid aims to empower hospitality industry with service robots
Robotics company Alphadroid aims to develop a machine that empowers overall business processes with sustainability and cost efficiency
 "Alphadroid aims to empower hospitality industry with service robots")
Poor data management an obstacle to leverage AI in enterprises: Report
The report also found organisations to be failing to understand the compute and networking demands across the end-to-end AI life cycle
 "Poor data management an obstacle to leverage AI in enterprises: Report")
Microsoft's concerns over Google's lead drove investment in OpenAI
The US Justice Department has argued that OpenAI's ChatGPT and other innovations may have been released years ago if Google hadn't monopolised search market
 "Microsoft's concerns over Google's lead drove investment in OpenAI")
Want to be market leader in Business AI by 2025: SAP's Manish Prasad
'From a fiscal prudence point of view, the transparency provided by SAP systems enhances investor confidence and subsequently, market valuation'
 "Want to be market leader in Business AI by 2025: SAP's Manish Prasad")
AI faces its 'Oppenheimer moment' during killer robot arms race
Spreading global conflict combined with financial incentives for companies to promote AI adds to the challenge of controlling killer robots, according to Jaan Tallinn
 "AI faces its 'Oppenheimer moment' during killer robot arms race")
Google CEO Sundar Pichai nears billionaire status powered by AI boom
Pichai's net worth includes $424 million in current share holdings as well as roughly $600 million from share sales since he became CEO
 "Google CEO Sundar Pichai nears billionaire status powered by AI boom")
Samsung Electronics' profit surges after AI boom reverses its chip losses
The results underscore how demand for the memory chips that power modern electronics and artificial intelligence is starting to rebound after a severe downturn
 "Samsung Electronics' profit surges after AI boom reverses its chip losses")
Wipro bags AI deal to transform Nokia's digital workplace services
Wipro said its team will build a "bespoke" artificial intelligence-powered, cloud-based solution for Nokia's workforce of around 86,700 users globally in 130 countries of operations
 "Wipro bags AI deal to transform Nokia's digital workplace services")
Tech Mahindra partners with Atento to offer GenAI-powered services
Atento is a customer relationship management (CRM) and business transformation outsourcing (BTO) company in Latin America
 "Tech Mahindra partners with Atento to offer GenAI-powered services")
Shah deepfake video: Case against Maha Youth Cong's social media handle
In the fake video, BJP leader Shah was purportedly seen announcing the curtailment of reservation rights of the SCs, STs and OBCs
 "Shah deepfake video: Case against Maha Youth Cong's social media handle")
Microsoft set to invest $1.7 billion in cloud, AI in Indonesia: CEO Nadella
Microsoft will train 2.5 million people in Southeast Asia in AI use by 2025, Nadella said
 "Microsoft set to invest $1.7 billion in cloud, AI in Indonesia: CEO Nadella")
Artificial intelligence startups face rough financial reality check
Investors have poured $330 billion into about 26,000 AI and machine-learning startups over the past three years, according to PitchBook
 "Artificial intelligence startups face rough financial reality check")
Global alternative firm Investcorp acquires NSEIT for Rs 1,000 crore
NSEIT is a leading provider of advanced digital transformation and cybersecurity services focused on global customers in capital markets, insurance, and banking
 "Global alternative firm Investcorp acquires NSEIT for Rs 1,000 crore")
Investors may have a higher focus on deeptech, Gen AI, climate tech in 2024
The report focuses on investment activity across seed and pre-Series A stages, by analysing market information, along with a survey conducted with 22 leading institutional early-stage investors
 "Investors may have a higher focus on deeptech, Gen AI, climate tech in 2024")
Rapid adoption: India's BPM industry on cusp of revolution amid GenAI use
BPM industry has been growing faster than the IT services sector, which has been impacted by macroeconomic uncertainties
 "Rapid adoption: India's BPM industry on cusp of revolution amid GenAI use")
