Page 109 - Latest Updates on Artificial intelligence
Jio to launch "AI Cloud Welcome Offer" this Diwali, announces Mukesh Ambani
Reliance stated that it is developing a suite of AI-powered services collectively called JioAI. Among the first services to roll out will be JioPhone Call AI
 "Jio to launch \"AI Cloud Welcome Offer\" this Diwali, announces Mukesh Ambani")
Despite gruelling hours, 'golden handcuffs' keep Nvidia staffers in place
Under the helm of co-founder and CEO Jensen Huang, Nvidia's philosophy is crystal clear: 'If you want to do extraordinary things, it shouldn't be easy'
 "Despite gruelling hours, 'golden handcuffs' keep Nvidia staffers in place")
OpenAI nears funding round at over $100 bn valuation led by Thrive Capital
OpenAI has been in early discussions to raise funding at a valuation at or above $100 billion since at least December, people with knowledge of the matter told Bloomberg News late last year
 "OpenAI nears funding round at over $100 bn valuation led by Thrive Capital")
Nvidia's Huang says new Blackwell chip will have lots and lots of supply
The product is a much-anticipated successor to the company's Hopper line of so-called AI accelerators, which have sent its revenue and stock price soaring
 "Nvidia's Huang says new Blackwell chip will have lots and lots of supply")
Infosys joins Stanford affiliate programme to speed AI research initiatives
As part of this programme, Infosys will engage with Stanford HAI faculty and researchers on topics like responsible AI, optimisation of AI models for cost efficiency, and enhancing effective business
 "Infosys joins Stanford affiliate programme to speed AI research initiatives")
Skill gap widening as AI, automation advances: Experts at BSmart conclave
Hema Bajaj, Ruhie Pande, Amit Das, and Suryanarayan G Iyer spoke with Business Standard's Nivedita Mookerji at the BSmart HR Conclave about the growing skill gaps and evolving workforce dynamics
 "Skill gap widening as AI, automation advances: Experts at BSmart conclave")
Deepfakes pose growing threat to corporate security and trust, warn experts
AI-driven deepfakes risk financial, reputational damage, call for stricter measures
 "Deepfakes pose growing threat to corporate security and trust, warn experts")
Hindenburg takes aim at AI server maker Super Micro with short position
Close ties with chip giant Nvidia have allowed Super Micro, known for its liquid cooling technology for high-power semiconductors, to capitalise on the surge in demand for AI servers
 "Hindenburg takes aim at AI server maker Super Micro with short position")
Wipro, Dell Tech expand partnership to integrate AI enterprise solutions
The collaboration will allow enhanced cost control and risk mitigation while providing enterprises with access to the best-in-class technology
 "Wipro, Dell Tech expand partnership to integrate AI enterprise solutions")
India's design in every chip but no India-made chip yet: Ola founder
Aggarwal said the company would not be setting up a fab for its AI chip. Instead, it plans to work with global foundries, say, in Taiwan, Korea or even the American ecosystem
 "India's design in every chip but no India-made chip yet: Ola founder")
Elon Musk's Grok could be a risky experiment in AI content moderation
Grok's images, powered by a small startup called Black Forest Labs, were deliberately unfiltered, but even Grok appears to have reined in some forms of content.
 "Elon Musk's Grok could be a risky experiment in AI content moderation")
Nvidia sales likely to double in Q2, even a slight miss may hurt shares
A beat or a miss on Wall Street expectations could either stoke or shatter an AI rally on Thursday, a day after Nvidia reports earnings for the May-July period
InvestorAi raises Rs 80 cr in funding from Ashish Kacholia, associates
Founded in 2018, InvestorAi is an AI-powered equity investment platform that uses advanced AI to power stock recommendations for investors
 "InvestorAi raises Rs 80 cr in funding from Ashish Kacholia, associates")
Meta shares flying high as Mark Zuckerberg drives forward with AI vision
The difference for Meta is that Zuckerberg did a better job of convincing investors that AI is helping to improve results in its core business - digital advertising
 "Meta shares flying high as Mark Zuckerberg drives forward with AI vision")
Chhattisgarh govt to use AI for improving school education, programmes
The department has set up Vidya Samiksha Kendra in the state capital Raipur to implement the AI system. Another major initiative is monitoring the performance of school students, the official said
 "Chhattisgarh govt to use AI for improving school education, programmes")
Opkey raises $47 million in Series B funding led by PeakSpan Capital
Opkey is also expanding its engineering and AI research teams at its Noida and Bangalore R&D centres to develop a category-defining product
 "Opkey raises $47 million in Series B funding led by PeakSpan Capital")
77% children say they use GenAI tools to help with schoolwork: Survey
Survey finds that children above the age of 10 in major metro cities use GenAI once a week, mainly for educational purposes, while 20% use it to pursue personal interests
 "77% children say they use GenAI tools to help with schoolwork: Survey")
Why does Big Tech oppose California AI bill if it wants it to be regulated?
The proposal would mandate safety testing for many of the most advanced AI models that cost more than $100 million to develop or those that require a defined amount of computing power
 "Why does Big Tech oppose California AI bill if it wants it to be regulated?")
Company agrees to pay $1 mn fine for making calls mimicking Biden to voters
The call featured a voice similar to Biden's falsely suggesting that voting in the state's presidential primary would preclude them from casting ballots in the November general election
 "Company agrees to pay $1 mn fine for making calls mimicking Biden to voters")
Former Tech Mahindra India President Mitra launches a new venture
Humanize is a GenAI-first SaaS venture that also integrates low code/no code solutions
 "Former Tech Mahindra India President Mitra launches a new venture")