Page 105 - Latest Updates on Artificial intelligence
Microsoft to invest $2.9 billon to expand AI, cloud infra in Japan
The investment - the company's largest in the 46 years of its operations in the country - will also go towards skilling three million people in AI and setting up a Microsoft Research Asia lab in Tokyo
 "Microsoft to invest $2.9 billon to expand AI, cloud infra in Japan")
Google unveils host of updates for AI Model for cloud computing customers
The company is rolling out the use of Google search results as a source for the AI model's answers, thereby providing greater accuracy and freshness, Kurian said
 "Google unveils host of updates for AI Model for cloud computing customers")
Next frontier in AI evolution: Hume.ai blends emotion and intelligence
Hume elevates conversational AI with 'emotional intelligence' for human-like interactions
 "Next frontier in AI evolution: Hume.ai blends emotion and intelligence")
AI, power purchase deals to help Delhi meet summer demand of 8,000 MW
With high temperatures projected for the season, Delhi's peak power demand is expected to cross 8,000 MW for the first time, reaching up to 8,200 MW, according to State Load Dispatch Centre data
 "AI, power purchase deals to help Delhi meet summer demand of 8,000 MW")
50% of public service organisations set to use GenAI soon: EY survey
Public organisations recognise that Gen AI will improve the citizen experience and serve as a catalyst to drive innovation
 "50% of public service organisations set to use GenAI soon: EY survey")
AI demand could add 1 million tons to copper demand by 2030, says Trafigura
"That's not something that anyone has actually factored into a lot of these supply and demand balances." Rahim did not say what global copper demand would be in 2030
 "AI demand could add 1 million tons to copper demand by 2030, says Trafigura")
Wells Fargo boosts end-2024 target on S&P 500 to Street-high of 5,535
The index has gained 9% so far this year, broadly boosted by expectations of interest rate cuts and investor frenzy around the AI boom
 "Wells Fargo boosts end-2024 target on S&P 500 to Street-high of 5,535")
How tech giants cut corners to harvest data for artificial intelligence
Like OpenAI, Google transcribed YouTube videos to harvest text for its AI models, five people with knowledge of the company's practices said
 "How tech giants cut corners to harvest data for artificial intelligence")
Data centre operator Yotta plans capacity booster for AI efforts
Apart from serving India, the company also aims to cater to the global demand
 "Data centre operator Yotta plans capacity booster for AI efforts")
AI can drive efficiency, raises mkt concentration concerns: CCI chief Kaur
"The rise of AI and Machine Learning (ML) presents both opportunities and challenges in the context of competition law
 "AI can drive efficiency, raises mkt concentration concerns: CCI chief Kaur")
IMD using AI, machine learning to enhance weather forecasts: DG Mohapatra
Mohapatra said the IMD has digitised weather records for the country dating back to 1901 and artificial intelligence could be used to sift through this plentiful information to generate knowledge
 "IMD using AI, machine learning to enhance weather forecasts: DG Mohapatra")
Vital signs of change: AI now lifeblood of India's hospital chains
All the major healthcare chains like Apollo Hospitals, Manipal Healthcare, and Aster DM Healthcare, among others, are using AI in prediction, prevention, diagnosis, and personalized management
Entry-level coders must specialise to minimise risk of job loss: Experts
India has seen 15-20% drop in entry-level tech jobs, potentially linked to AI automation
 "Entry-level coders must specialise to minimise risk of job loss: Experts")
 "AI Fusion 2024 ITM SLS Baroda University Leads the Historical International Conference with ISRO (SAC) and DRDO Pune")
China may misuse AI to target polls in countries like India, US: Microsoft
China is likely to deploy AI-generated content via social media to sway public opinion to boost its geopolitical interests
 "China may misuse AI to target polls in countries like India, US: Microsoft")
Including evidence in question confuses ChatGPT, lowers accuracy: Study
The team said continued research on using LLMs to answer people's health-related questions is needed as people increasingly search information online through tools such as ChatGPT
 "Including evidence in question confuses ChatGPT, lowers accuracy: Study")
HP launches AI-enhanced laptops designed for gamers, content creators
The newly launched laptops include the Omen Transcend 14 and HP Envy x360 14
 "HP launches AI-enhanced laptops designed for gamers, content creators")
How did Accenture manage to secure $1 billion worth of GenAI deals?
The company is an early adopter of the tech and has leveraged its first-mover advantage, supported by clients' increased discretionary spending on GenAI
 "How did Accenture manage to secure $1 billion worth of GenAI deals?")
Aerospike raises $109 mn to accelerate artificial intelligence innovation
According to International Data Corporation (IDC), the AI market is projected to reach $251 billion by 2027
 "Aerospike raises $109 mn to accelerate artificial intelligence innovation")
Big Tech cos in race to buy training data for artificial intelligence
Tech giants like Google, Meta and Microsoft-backed OpenAI initially used reams of data scraped from the internet for free to train generative AI models like ChatGPT that can mimic human creativity
