Page 124 - Latest Updates on Artificial intelligence
86% of executives have deployed AI to enhance revenue: Global TCS study
Companies realising that being 'AI mature is a marathon, not a sprint', it says
 "86% of executives have deployed AI to enhance revenue: Global TCS study")
81% of biz leaders want global regulations, standards on AI: TCS survey
The survey of 1,300 leaders from companies having over USD 1 billion in revenue each was, however, not so clear on the impact of AI on jobs and showed mixed expectations
 "81% of biz leaders want global regulations, standards on AI: TCS survey")
Govt aims to boost use of AI in food processing to improve efficiency
The officials said AI tools could help improve overall sector efficiency as India aims to reach net zero emissions by 2070
 "Govt aims to boost use of AI in food processing to improve efficiency")
Google I/O 2024: Gemini AI gets new capabilities to rival OpenAI's ChatGPT
Google said Gemini AI is set to become the foundational model powering its services such as Search, Photos, Workspace, Android, and more
 "Google I/O 2024: Gemini AI gets new capabilities to rival OpenAI's ChatGPT")
OpenAI's co-founder Ilya Sutskever parts ways with ChatGPT maker Altman
Microsoft-backed OpenAI makes the popular ChatGPT chatbot, which sparked a race among the world's largest tech companies for dominance in the emerging generative AI field
 "OpenAI's co-founder Ilya Sutskever parts ways with ChatGPT maker Altman")
2 Chinese firms progress in producing high bandwidth memory for AI chipsets
CXMT and other Chinese chip firms have also been holding regular meetings with South Korean and Japanese semiconductor equipment firms to buy tools to develop HBM, said two of the people
 "2 Chinese firms progress in producing high bandwidth memory for AI chipsets")
Google introduces AI in search, raising hopes for better results for users
The AI overviews are supposed to only crop up when Google's technology determines they will be the quickest and most effective way to satisfy a user's curiosity
 "Google introduces AI in search, raising hopes for better results for users")
Meta to discontinue Workplace app to focus on AI, metaverse
Workplace will be shut starting June 2026 for customers but Meta will continue to use it as its internal messaging board, the company said, adding users can continue to access it until Aug 2025
 "Meta to discontinue Workplace app to focus on AI, metaverse")
AI spending in India to reach $5 billion by 2027: Intel-IDC study
According to the report, entities in India spent $1,703.8 million on AI in 2023, where BFSI, manufacturing, healthcare, telecom, and retail were the highest spending sectors during the year
Jackie Shroff moves Delhi HC against unauthorised use of word 'Bhidu'
He said that several social media companies, stores, social media handles, as well as AI tools are using his attributes without authorisation to make money and damage his reputation in the process
 "Jackie Shroff moves Delhi HC against unauthorised use of word 'Bhidu'")
Nothing to enable ChatGPT integration across audio portfolio, including CMF
Nothing announced that ChatGPT integration will be available on the additional products via a Nothing X app update on May 21
 "Nothing to enable ChatGPT integration across audio portfolio, including CMF")
AI spending in India may triple to $5 bn by 2027; $1,703 mn spent in 2023
It was followed by augmented customer service agents at $168.8 million, digital assistance $113.1 million, augmented threat intelligence $100.1 million
OpenAI announces GPT-4o, ChatGPT macOS app, conversational AI in Voice Mode
OpenAI said the GPT-4o is its most advanced model that is trained end-to-end across text, vision, and audio, meaning that all inputs and outputs are processed by the same neural network
 "OpenAI announces GPT-4o, ChatGPT macOS app, conversational AI in Voice Mode")
OpenAI unveils free model GPT-4o that can interact with visual, audio, text
OpenAI's chief technology officer, Mira Murati, said during a livestream event that the new GPT-4o model would be offered for free because it is more efficient than the company's previous models
 "OpenAI unveils free model GPT-4o that can interact with visual, audio, text")
Airtel to offer cloud and Gen-AI solutions with Google Cloud in India
The two companies are targeting the large and growing Indian public cloud services market, which is expected to reach $17.8 billion by 2027, according to IDC
 "Airtel to offer cloud and Gen-AI solutions with Google Cloud in India")
Concentrix to expand India operations by hiring 20,000 this year: CEO
''India will probably surpass the Philippines early next quarter both from a total growth and size perspective''
 "Concentrix to expand India operations by hiring 20,000 this year: CEO")
Airtel, Google Cloud partner to propel cloud adoption & gen AI in India
Public cloud services market in India is expected to reach $17.8 billion by 2027
 "Airtel, Google Cloud partner to propel cloud adoption & gen AI in India")
Technology pioneer Kai-Fu Lee aims to bring China its ChatGPT moment
Lee's firm, 01.AI, is launching a free productivity assistant called Wanzhi, the latest in a series of AI products it's developing
 "Technology pioneer Kai-Fu Lee aims to bring China its ChatGPT moment")
US aims to stay ahead of China in using AI to fly fighter jets
The focus on AI has generated public concern that future wars will be fought by machines that select and strike targets without direct human intervention
 "US aims to stay ahead of China in using AI to fly fighter jets")
Over 250,000 Infosys employees are trained in GenAI: CTO Tarafdar
Tarafdar spoke how the company has built three million lines of codes using the technology and what is the purpose of its AI-first strategy
 "Over 250,000 Infosys employees are trained in GenAI: CTO Tarafdar")