Page 107 - Latest Updates on Artificial intelligence
Krutrim AI models improving almost every week, says company executive
The startup aims to address the inherent hallucination issue in AI models by leveraging user feedback from its beta program
 "Krutrim AI models improving almost every week, says company executive")
TCS says it trained over 350,000 employees in generative AI skills
In 2023, it had become the first technology company to create a dedicated business unit for AI and cloud to address the growing needs of customers for cloud and AI adoption
 "TCS says it trained over 350,000 employees in generative AI skills")
Best of BS Opinion: May 25: Before and after, The lunar challenges & more
Here is the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: May 25: Before and after, The lunar challenges & more")
AI could have a surprising effect on interest rates
You might think economists would have a simple handle on such a straightforward query, but the both macroeconomics and AI are complex
 "AI could have a surprising effect on interest rates")
PM cautions 'risk of misuse' of AI, other powerful tech in unskilled hands
Citing dangers of AI harms and deepfakes in a society, he said, misuse of his voice, for instance, can initially deceive and misguide people leading to widespread uproar
 "PM cautions 'risk of misuse' of AI, other powerful tech in unskilled hands")
PM Modi and Bill Gates talk AI, climate change, and women empowerment
Microsoft Co-founder Bill Gates and Prime Minister Narendra Modi speak on India's digital transformation and the need to bridging tech divide in the country
Musk's Grok-1.5 AI chatbot to be available on social network X next week
Musk said xAI would open-source Grok, days after the billionaire sued Microsoft-backed OpenAI for allegedly abandoning its original mission in favor of a for-profit model
 "Musk's Grok-1.5 AI chatbot to be available on social network X next week")
Wipro aims to become AI-first firm; more than 220K trained in GenAI
Till date, over 220,000 of our employees have completed training on AI fundamentals and the responsible use of AI, said Subha Tatavarti, Chief Technology Officer, Wipro Ltd
 "Wipro aims to become AI-first firm; more than 220K trained in GenAI")
Amazon pours additional $2.75 bn into Anthropic, total investment at $4 bn
The two companies are collaborating to develop so-called foundation models, which underpin the generative AI systems that have captured global attention
 "Amazon pours additional $2.75 bn into Anthropic, total investment at $4 bn")
'We are leveraging AI and GenAI to build a strong cyber security defence'
Pallavi Katiyar, CIO, Tech Mahindra shares how the company is integrating AI and GenAI capabilities in its threat detection algorithms and more
 "'We are leveraging AI and GenAI to build a strong cyber security defence'")
Infosys to provide AI tools to German media firm for storytelling, reports
Founded in 1946, the Handelsblatt Media Group, which is based in Dusseldorf, has a reach of more than two million readers, according to the statement
 "Infosys to provide AI tools to German media firm for storytelling, reports")
India's growth should be led by labour-intensive manufacturing: ILO
The report calls for primacy to be given to labour-intensive manufacturing employment to absorb the abundant unskilled labour along with the emerging employment-generating modern manufacturing
 "India's growth should be led by labour-intensive manufacturing: ILO")
Ministries test the AI waters: Try out use cases in bid to reduce workload
'A case study is being carried out across ministries by a dedicated wing which consists of experts to figure out the AI use cases under AI mission,' a senior government official said
 "Ministries test the AI waters: Try out use cases in bid to reduce workload")
Apple set to unveil AI strategy at developers conference on June 10
The iPhone maker announced WWDC timing, saying event will run through June 14. Though Apple didn't say what it plans to unveil, people familiar with matter have said that presentation will focus on AI
 "Apple set to unveil AI strategy at developers conference on June 10")
AI drives new wealth, Taylor Swift joins billionaire club: 2024 Hurun List
In the latest "Hurun Global Rich List 2024", Mumbai has been named the fastest-growing city for billionaires globally. The list features artificial intelligence prominently. Here are the key takeaways
 "AI drives new wealth, Taylor Swift joins billionaire club: 2024 Hurun List")
Executives plan to invest more in GenAI for sustainability: IBM study
While 63 per cent of executives surveyed agree that GenAI will be important for their sustainability efforts, 76 per cent say they plan to increase their investment in generative AI for sustainability
Behind the plot to break Nvidia's grasp on AI by targeting software: Report
Almost as important to its hardware is the company's nearly 20 years' worth of computer code, which helps make competition with the company nearly impossible
 "Behind the plot to break Nvidia's grasp on AI by targeting software: Report")
With artificial intelligence at the wheel, Hyundai's TN unit shifts gear
The plant, one of the first units by any industrial player in Sriperumbudur is set to see an investment of Rs 26,000 crore, as it enters into 26th year of its operation
 "With artificial intelligence at the wheel, Hyundai's TN unit shifts gear")
The AI boom makes millions for an unlikely industry player: Anguilla
For each domain registration, Anguilla's government gets anywhere from $140 to thousands of dollars from website names sold at auctions
Maruti Suzuki acquires over 6% stake in technology startup Amlgo Labs
The startup operates in data analytics, cloud engineering, machine learning (ML) and artificial intelligence (AI) to assist companies in data-driven decision-making
 "Maruti Suzuki acquires over 6% stake in technology startup Amlgo Labs")
