Page 126 - Latest Updates on Artificial intelligence
Setu unveils Sesame, India's first domain-specific LLM for BFSI sector
Developed in collaboration with indigenous AI research firm Sarvam AI, the company said this marks a "ChatGPT moment" in financial services
 "Setu unveils Sesame, India's first domain-specific LLM for BFSI sector")
Nandan Nilekani-backed people+ai partners with 24 tech organisations
It stands out as one of the select technology-driven consortia dedicated to addressing and facilitating large-scale computing access
 "Nandan Nilekani-backed people+ai partners with 24 tech organisations")
LTIMindtree, IBM collaborate to set up GenAI Centre of Excellence for India
The centre will focus on building point solutions to accelerate clients' generative AI adoption journeys
 "LTIMindtree, IBM collaborate to set up GenAI Centre of Excellence for India")
Apple working on developing AI chips for software in data centers: Report
The project, internally codenamed as Project ACDC (Apple Chips in Data Center), aims to leverage Apple's chip design expertise for its server infrastructure, the report said
 "Apple working on developing AI chips for software in data centers: Report")
Happiest Minds Tech Q4 result: Profits up 25%, revenue rises by 10.4%
Revenue from operations for the reporting quarter stood at Rs 417.29 crore, as against Rs 377.98 crore in Q4FY23, translating into a 10.4% rise
 "Happiest Minds Tech Q4 result: Profits up 25%, revenue rises by 10.4%")
Amazon to spend $9 bn over next 4 yrs to expand cloud infra in Singapore
AWS also announced a collaboration with the Singapore Government, public sector organisations, and enterprises to help accelerate the adoption of AI
 "Amazon to spend $9 bn over next 4 yrs to expand cloud infra in Singapore")
Apple working on homegrown chips to run AI tools for data centers
Apple has been playing catch-up with its tech peers in generative AI, the technology underpinning chatbots and other popular new tools
Top 3 Indian IT companies train over 775,000 in generative AI skills
This figure is substantially higher than what the IT industry body Nasscom had predicted in its Strategic Review of 2023
 "Top 3 Indian IT companies train over 775,000 in generative AI skills")
Hexaware acquires US-based Softcrylic to strengthen data capabilities
Softcrylic specialises in tackling complex data challenges, from data capture and validation to data modelling and activation
 "Hexaware acquires US-based Softcrylic to strengthen data capabilities")
India has fewer than 2,000 senior engineers for developing core AI products
This stands in stark contrast to the 650,000-700,000 individuals that the tech industry body Nasscom said have received training in AI within leading tech companies
 "India has fewer than 2,000 senior engineers for developing core AI products")
Dell Technologies at epicenter of data-intensive technology like AI: Ohrie
India is a crucial market for Dell Technologies, both in terms of size and future growth potential
 "Dell Technologies at epicenter of data-intensive technology like AI: Ohrie")
Engaging with govt on AI, see big opportunities: Krutrim's Ravi jain
The vision is to enable the developers to do cutting-edge innovation. These platforms or tools that developers need are computing and services and that is what we have opened up
 "Engaging with govt on AI, see big opportunities: Krutrim's Ravi jain")
Dell Technologies at epicenter of data-intensive technology like AI: Ohrie
India is a crucial market for Dell Technologies, both in terms of size and future growth potential
Ola's AI to outdo global players in energy-efficient data centres: Founder
He alleged that big technology companies like Amazon, Google and Apple are having closed ecosystems and locking developer's work on their platform
 "Ola's AI to outdo global players in energy-efficient data centres: Founder")
Bhavish Aggarwal's Krutrim unveils Android app, iOS app coming soon
Krutrim has opened up its cloud platform for enterprises, researchers, and developers, enabling development of new-age technology products at a fraction of current costs
 "Bhavish Aggarwal's Krutrim unveils Android app, iOS app coming soon")
Police adds criminal conspiracy charges to FIR in HM Shah deepfake case
Arun Beereddy, a native of Telangana's Hyderabad, who handled the "Spirit of Congress" account on X, was arrested from Delhi on Friday, police said
 "Police adds criminal conspiracy charges to FIR in HM Shah deepfake case")
AI pilot operates experimental F-16 fighter jet: What this means for war
AI marks one of the biggest advances in military aviation since the introduction of stealth in the early 1990s
 "AI pilot operates experimental F-16 fighter jet: What this means for war")
Good Capital plans to invest $25 million in Indian AI startups this year
Currently, 80 per cent of Good Capital's pipeline consists of companies leveraging AI across various industries
 "Good Capital plans to invest $25 million in Indian AI startups this year")
Games24x7 elevates Tridib Mukherjee to Chief Data Science and AI officer
Mukherjee will continue to drive Games24x7's data-centric approach, leveraging his extensive expertise in data science and artificial intelligence to drive innovation and enhance user experience
 "Games24x7 elevates Tridib Mukherjee to Chief Data Science and AI officer")
Qualcomm stock jumps 10% as AI sparks rebound in Chinese smartphone market
"Chinese vendors who traditionally relied more on MediaTek, are going to start leveraging Qualcomm's high-end chips more as they push hard into the AI Agenda," said IDC analyst Nabila Popal
 "Qualcomm stock jumps 10% as AI sparks rebound in Chinese smartphone market")