Page 109 - Latest Updates on Artificial intelligence
Monitor, alert, resolve: AI comes to the rescue as cyberattacks rise
The technology continuously monitors risks and instantly alerts organisations to protect themselves, reports Ayushman Baruah
 "Monitor, alert, resolve: AI comes to the rescue as cyberattacks rise")
MeitY's fresh advisory on AI does away with govt approval for AI platforms
The Ministry has also asked platforms to ensure that the biases arising out of their AI models or platforms do not hamper the electoral process in India
 "MeitY's fresh advisory on AI does away with govt approval for AI platforms")
Unchained melodies: DIY culture, AI are helping indie musicians grow
The indie music industry is on a roll. The old song is playing to a new tune
 "Unchained melodies: DIY culture, AI are helping indie musicians grow")
Staqu unveils AI tool in collaboration with UP police to nab criminals
Rai explained that this is an extension of their work on the Trinetra, which has been adopted by the UP Police Department and deployed through integration with security cameras
 "Staqu unveils AI tool in collaboration with UP police to nab criminals")
European Union's AI Act sets clear regulatory framework, say experts
Indian startups and companies conducting business in the EU or catering to EU clientele will need to adhere to the standards set forth in the Act
 "European Union's AI Act sets clear regulatory framework, say experts")
EU antitrust row: Microsoft says Google has a competitive edge in gen AI
Microsoft said that encouraging pro-competitive partnerships in the AI space is an effective way to prevent companies from gaining anticompetitive advantage
 "EU antitrust row: Microsoft says Google has a competitive edge in gen AI")
Artificial intelligence-enhanced smartphones in search of numbers
Samsung launches A-series phones with AI features below Rs 30K, others in hot pursuit
 "Artificial intelligence-enhanced smartphones in search of numbers")
Expansion, AI campus, green hydrogen plans on cards for Linde in India: CEO
Linde talks about the global chemical company's blueprint for India, which ranges from an AI campus and more manufacturing facilities
 "Expansion, AI campus, green hydrogen plans on cards for Linde in India: CEO")
Fusion Strategy can deliver low-cost solutions to masses: V Govindarajan
Vijay Govindarajan argues that AI and real-time data should be leveraged to radically transform physical products and the companies that make them
 "Fusion Strategy can deliver low-cost solutions to masses: V Govindarajan")
Foxconn Q4 profit jumps 33% to $1.7 bn on strong AI server demand
The AI server market was likely to see 30% growth each year between 2023 and 2025, and Foxconn's growth would be in line with that or even higher, he said
 "Foxconn Q4 profit jumps 33% to $1.7 bn on strong AI server demand")
India, US, South Korea explore cooperation in tech sector including AI
According to a readout by the US, the meeting in Seoul was the first such trilateral dialogue among the three nations
Sora: OpenAI says it will release text-to-video AI model in a few months
OpenAI said it is currently considering "the issues of misinformation and harmful bias" before the public release, which is likely in a few months
 "Sora: OpenAI says it will release text-to-video AI model in a few months")
Govt's AI advisory needs changes, should focus on risky apps: GTRI
It also asked to establish mechanisms for ongoing evaluation of the advisory's impact on AI development and misinformation, adjusting policies as needed based on empirical evidence
Layoff fears at Paytm as deadline for bank cutback just a day away
In Dec, Business Standard reported that Paytm was rationalising its employee cost structure, which includes revising its hiring strategy, focusing on contract employees
 "Layoff fears at Paytm as deadline for bank cutback just a day away")
EU lawmakers pass Act to regulate AI despite doubts about right balance
The landmark set of rules, in the absence of any legislation from the US, could set the tone for how AI is governed in the Western world
Perfios secures $80 million funding, set to become 2nd unicorn of 2024
Perfios helps financial institutions with processes such as origination, onboarding, decisioning, underwriting, and monitoring
 "Perfios secures $80 million funding, set to become 2nd unicorn of 2024")
Samsung to use chip-making tech favoured by SK Hynix as race heats up
Samsung, however, has recently issued purchase orders for chipmaking equipment designed to handle MUF technique, three sources with direct knowledge of the matter said
 "Samsung to use chip-making tech favoured by SK Hynix as race heats up")
US spearheads first UN resolution on AI aimed at ensuring world has access
US National Security Advisor Jake Sullivan said the United States turned to the General Assembly to have a truly global conversation on how to manage the implications of the fast-advancing technology
 "US spearheads first UN resolution on AI aimed at ensuring world has access")
Google restricts Gemini's scope of response as India sets for election
It is also collaborating with ECI for seamless access to vital voting information
 "Google restricts Gemini's scope of response as India sets for election")
India now distinct regional priority for Intel: Exec VP Christoph Schell
The global semiconductor industry is projected to reach a trillion-dollar valuation by 2030
 "India now distinct regional priority for Intel: Exec VP Christoph Schell")
