Page 111 - Latest Updates on Artificial intelligence
Cabinet nod for India AI mission with Rs 10,372 crore outlay for 5 years
Under India AI Mission, a key focus area is to develop high-end compute capacity within the country, for which the government will facilitate the setting up of more than 10,000 GPUs under PPP model
 "Cabinet nod for India AI mission with Rs 10,372 crore outlay for 5 years")
Large representation of Indian data differentiates us: Krutrim's Ravi Jain
Krutrim's head of strategy Ravi Jain said what differentiates the AI platform from others is that it uses Indian data including different languages to train its models
 "Large representation of Indian data differentiates us: Krutrim's Ravi Jain")
Wipro's health care deals get an artificial intelligence booster shot
"Large deals with committed business transformation and business value delivered through AI, automation, and platform modernisation, are in the pipeline," said Kumar
 "Wipro's health care deals get an artificial intelligence booster shot")
What's behind the US market disconnect?
The rally is fuelled by the expectation that AI will remain unregulated, but there is little reason to believe it can last
 "What's behind the US market disconnect?")
Cabinet approves AI Mission at an outlay of Rs 10,372 crore for 5 years
The minister, briefing reporters after the Cabinet meeting, said supercomputing capacity, comprising over 10,000 GPU, will be made available to various stakeholders for creating an AI ecosystem
HCLTech broadens partnership with US firm ServiceNow for GenAI solutions
Deal will offer businesses consulting, design, implementation, managed services
 "HCLTech broadens partnership with US firm ServiceNow for GenAI solutions")
Ex-Google engineer charged by US with AI tech theft for Chinese firms
A Google spokesperson said Ding acted alone and that the company was able to act quickly and refer the case to law enforcement after discovering the problem
 "Ex-Google engineer charged by US with AI tech theft for Chinese firms")
Musk agreed ChatGPT maker should become for-profit company, says OpenAI
Elon Musk was an early investor in OpenAI when it was founded in 2015. He co-chaired its board alongside Altman. He said in his lawsuit that he invested tens of millions of dollars in OpenAI
 "Musk agreed ChatGPT maker should become for-profit company, says OpenAI")
AI regulation: Govt needs to be more cautious about what it says and does
The Indian government is in the middle of a longer-term battle with big tech companies, especially those based in the US
 "AI regulation: Govt needs to be more cautious about what it says and does")
Chennai brains to lead Ford's global AI drive; Group on hiring spree
Ford Business Solutions to hire 3,000 more for its city unit, taking total staff strength to 15,000
 "Chennai brains to lead Ford's global AI drive; Group on hiring spree")
OpenAI claims Elon Musk agreed maker of ChatGPT should become for profit
Musk's lawsuit said that when he funded OpenAI as it was launching, he secured an agreement that the company would remain a nonprofit developing technology for the benefit of the public
 "OpenAI claims Elon Musk agreed maker of ChatGPT should become for profit")
Use of Adobe GenAI tools in marketing boosted productivity, says IBM
IBM said it was using Adobe's tools, which can generate images from text-based prompts, to help with marketing campaigns
 "Use of Adobe GenAI tools in marketing boosted productivity, says IBM")
OpenAI hits back at Elon Musk's lawsuit, says 'sad it's come to this'
Musk is suing for breach of contract, breach of fiduciary duty and claims of unfair business practices, among other grievances
 "OpenAI hits back at Elon Musk's lawsuit, says 'sad it's come to this'")
China to work on quantum computing, AI in tech self-sufficiency drive
"We will fully leverage the strengths of the new system for mobilizing resources nationwide to raise China's capacity for innovation across the board." it said
 "China to work on quantum computing, AI in tech self-sufficiency drive")
Artificial intelligence game changer in tracking cases of tuberculosis
Qure.ai and India Health Fund's qXR tool leading better TB notifications
 "Artificial intelligence game changer in tracking cases of tuberculosis")
HCLT's GenAI model to transform software development, engineering lifecycle
AI Force integrates robust security and governance measures, fostering secure innovation and growth at scale, a company statement said
 "HCLT's GenAI model to transform software development, engineering lifecycle")
L&T Tech, Intel partner to develop AI solutions for traffic management
The collaboration is "aimed at developing and providing scalable edge-AI solutions for a range of use cases, including Cellular Vehicle-to-Everything (CV2X) applications", the company said
 "L&T Tech, Intel partner to develop AI solutions for traffic management")
2024 a pivotal yr for trust in AI's positive potential: IBM's Rishi Aurora
AURORA talks about the growth drivers, the relevance of partnerships, and the potential of artificial intelligence
 "2024 a pivotal yr for trust in AI's positive potential: IBM's Rishi Aurora")
Jefferies' 7 predictions for the next 7 years for the Japanese markets
Nikkei 225 index hit the 40,000 mark for the first time ever on Monday, continuing its bull-run that saw the index reclaim its 1989 peak of 34,000 levels in February
 "Jefferies' 7 predictions for the next 7 years for the Japanese markets")
Nvidia overtakes Saudi Aramco to be world's third most-valuable company
The rally has been relentless this year. The stock has climbed about 70% and added some $883 billion in value
 "Nvidia overtakes Saudi Aramco to be world's third most-valuable company")
