Page 112 - Latest Updates on Artificial intelligence
BPO employees face maximum risk of getting replaced by AI: Nasscom chairman
In the case of software services industry, Nambiar said professionals who do not use AI as part of their work "run the risk of getting replaced" by those using AI
 "BPO employees face maximum risk of getting replaced by AI: Nasscom chairman")
Meity issues advisory, asks cos to take permit before launching AI products
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 issues advisory, asks cos to take permit before launching AI products")
'Categorically disagree' with Elon Musk's lawsuit, says AI startup OpenAI
In a separate memo, also seen by Bloomberg, Altman called Musk a hero of his and said he misses the person he knew who competed with others by building better technology
 "'Categorically disagree' with Elon Musk's lawsuit, says AI startup OpenAI")
Elon Musk sues OpenAI, chief executive Sam Altman for abandoning mission
Musk co-founded OpenAI in 2015, but stepped down from its board in 2018. He also runs electric vehicle maker Tesla and rocket maker SpaceX and bought Twitter for $44 billion in October 2022
 "Elon Musk sues OpenAI, chief executive Sam Altman for abandoning mission")
Need for innovation to deal with challenges greater than ever: Bill Gates
'No country is more able to take government benefits and get them out efficiently and effectively to their citizens than India,' he added
 "Need for innovation to deal with challenges greater than ever: Bill Gates")
Best of BS Opinion: Sustained momentum, BJP's manifesto on defence & more
Here is the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: Sustained momentum, BJP's manifesto on defence & more")
AI and competition: Old wine in new bottles?
Big Tech's partnership with GenAI startups echoes a familiar playbook designed to stymie competition and monopolise markets. Regulators must act swiftly
 "AI and competition: Old wine in new bottles?")
US SEC investigates whether OpenAI investors were misled, says WSJ
The SEC's probe may not lead to any finding of wrongdoing by the parties involved. OpenAI selected two lawyers from the firm WilmerHale to conduct its investigation into the events
 "US SEC investigates whether OpenAI investors were misled, says WSJ")
Samsung announces microSD cards for products with on-device AI capabilities
With our two new microSD cards, Samsung said, we has provided effective solutions to address the growing demands of mobile computing and on-device AI
 "Samsung announces microSD cards for products with on-device AI capabilities")
Artificial intelligence chatbots not ready for election prime time: Study
All of the models performed poorly. The results found that just over half of the answers given by all of the models were inaccurate and 40% were harmful
 "Artificial intelligence chatbots not ready for election prime time: Study")
Walmart, IIT Madras partners to launch center for tech excellence for MSMEs
The center will focus on developing solutions to help MSMEs adopt Artificial Intelligence (AI) and digitization to enhance operational efficiency and profitability
 "Walmart, IIT Madras partners to launch center for tech excellence for MSMEs")
OEMs push for GenAI in flagship smartphones, do we really need it
Global players like Samsung, Google have already launched premium smartphones, such as Google Pixel 8, Samsung S24 Ultra, with on-device GenAI features, Chinese manufacturers are also following suit
 "OEMs push for GenAI in flagship smartphones, do we really need it")
Google CEO Pichai blasts 'unacceptable' Gemini image generation failure
Teams are now working around the clock to rectify the issues, Pichai wrote in his note, reviewed by Bloomberg News
 "Google CEO Pichai blasts 'unacceptable' Gemini image generation failure")
TMS Ep639: FM-fintech meet, house rent, space-related stocks, Munich accord
Will FM-fintech meet pave the road to sustainable innovation? Why is your house rent rising? Should you bet on space-related stocks? What is the Munich AI accord? All answers here
 "TMS Ep639: FM-fintech meet, house rent, space-related stocks, Munich accord")
Chatbots' incorrect responses on US polls threaten to disenfranchise voters
Fifteen states and one territory will hold both Democratic and Republican presidential nominating contests next week and millions of people already are turning to chatbots for basic information
 "Chatbots' incorrect responses on US polls threaten to disenfranchise voters")
Alibaba leads largest financing deal to mint $2.5 billion China AI firm
Alibaba joins Tencent Holdings Ltd. and Silicon Valley peers like Microsoft Corp. in placing big bets on generative AI, the technology that powers ChatGPT
 "Alibaba leads largest financing deal to mint $2.5 billion China AI firm")
Abu Dhabi's $238 bn International Holding adds AI-powered observer to board
The virtual entity - Aiden Insight - will take an observer seat on the board of IHC, which is the largest listed firm in the United Arab Emirates
 "Abu Dhabi's $238 bn International Holding adds AI-powered observer to board")
Microsoft's GitHub offers companies souped-up premium AI coding tool
GitHub, which lets programmers collaborate on coding projects, has been infusing AI into products and services in an effort to attract more subscribers
 "Microsoft's GitHub offers companies souped-up premium AI coding tool")
Microsoft's new deal with France's Mistral AI comes under EU lens
The commission, the EU's top antitrust enforcer, said it's including the deal as part of its broader review of the generative AI market
 "Microsoft's new deal with France's Mistral AI comes under EU lens")
Why did Google face backlash against Gemini AI in India and the world?
Currently suspended, the image generation capability on Gemini is poised to make a return in the forthcoming weeks. Here is an analysis regarding shortcomings of Gemini and Google's subsequent actions
 "Why did Google face backlash against Gemini AI in India and the world?")
