Page 135 - Latest Updates on Artificial intelligence
Ministries test the AI waters: Try out use cases in bid to reduce workload
'A case study is being carried out across ministries by a dedicated wing which consists of experts to figure out the AI use cases under AI mission,' a senior government official said
 "Ministries test the AI waters: Try out use cases in bid to reduce workload")
Apple set to unveil AI strategy at developers conference on June 10
The iPhone maker announced WWDC timing, saying event will run through June 14. Though Apple didn't say what it plans to unveil, people familiar with matter have said that presentation will focus on AI
 "Apple set to unveil AI strategy at developers conference on June 10")
AI drives new wealth, Taylor Swift joins billionaire club: 2024 Hurun List
In the latest "Hurun Global Rich List 2024", Mumbai has been named the fastest-growing city for billionaires globally. The list features artificial intelligence prominently. Here are the key takeaways
 "AI drives new wealth, Taylor Swift joins billionaire club: 2024 Hurun List")
Executives plan to invest more in GenAI for sustainability: IBM study
While 63 per cent of executives surveyed agree that GenAI will be important for their sustainability efforts, 76 per cent say they plan to increase their investment in generative AI for sustainability
 "Executives plan to invest more in GenAI for sustainability: IBM study")
Behind the plot to break Nvidia's grasp on AI by targeting software: Report
Almost as important to its hardware is the company's nearly 20 years' worth of computer code, which helps make competition with the company nearly impossible
 "Behind the plot to break Nvidia's grasp on AI by targeting software: Report")
With artificial intelligence at the wheel, Hyundai's TN unit shifts gear
The plant, one of the first units by any industrial player in Sriperumbudur is set to see an investment of Rs 26,000 crore, as it enters into 26th year of its operation
 "With artificial intelligence at the wheel, Hyundai's TN unit shifts gear")
The AI boom makes millions for an unlikely industry player: Anguilla
For each domain registration, Anguilla's government gets anywhere from $140 to thousands of dollars from website names sold at auctions
Maruti Suzuki acquires over 6% stake in technology startup Amlgo Labs
The startup operates in data analytics, cloud engineering, machine learning (ML) and artificial intelligence (AI) to assist companies in data-driven decision-making
 "Maruti Suzuki acquires over 6% stake in technology startup Amlgo Labs")
BS Manthan: India has an opportunity to lead the world in the AI race
The inaugural edition of Business Standard's two-day national summit of thought leaders, BS Manthan, will delve into the topic of 'How India can ride the AI wave to become a global powerhouse'
 "BS Manthan: India has an opportunity to lead the world in the AI race")
Wipro promotes 31 staff to senior roles after top-level exodus: Report
The promotions, seen by industry watchers as a move to stem senior-level attrition, came after a series of high-profile exits at the country's No.4 software services exporter
 "Wipro promotes 31 staff to senior roles after top-level exodus: Report")
United Nations adopts first global artificial intelligence resolution
The nonbinding resolution, proposed by the United States and co-sponsored by China and over 120 other nations, also advocates the strengthening of privacy policies
 "United Nations adopts first global artificial intelligence resolution")
Microsoft to pay Inflection AI $650 mn after scooping up most of staff
As part of the deal, Microsoft will pay $620 million to license Inflection's AI models and around $30 million for waiving any legal rights related to the mass hiring
 "Microsoft to pay Inflection AI $650 mn after scooping up most of staff")
Google researchers use AI to forecast floods with small data sets
Google's AI model now operational in 80 countries, provides more accurate predictions of river flooding than the previous dominant system, according to a paper published Wednesday in Nature
 "Google researchers use AI to forecast floods with small data sets")
Lok Sabha polls: How GenAI is rewriting political campaigning strategies
GenAI is being widely employed by political parties and candidates for a personalised approach to voters
 "Lok Sabha polls: How GenAI is rewriting political campaigning strategies")
UN to vote on its first resolution on AI, aimed at ensuring safety
The draft recognises the rapid acceleration of AI development and use and stresses the urgency of achieving global consensus on safe, secure and trustworthy artificial intelligence systems
 "UN to vote on its first resolution on AI, aimed at ensuring safety")
Saudi Arabia plans $40 billion investment in artificial intelligence
In recent weeks, representatives of Saudi Arabia's Public Investment Fund have discussed a potential partnership with Andreessen Horowitz, one of Silicon Valley's top venture capital firms
India will have an upper hand in AI: PM Modi at Startup Mahakumbh
The prime minister Modi said that he is making use of AI technology for his election campaign
 "India will have an upper hand in AI: PM Modi at Startup Mahakumbh")
YouTube to roll out disclosure labels for videos created using GenAI
The platform, however, won't require creators to disclose content that is 'clearly' unrealistic, animated, includes special effects, or has used generative AI for production assistance
 "YouTube to roll out disclosure labels for videos created using GenAI")
Former AI search experience lead appointed as new head of Google Search
Elizabeth Reid's appointment as the head of Google Search suggests that the company is pushing for more AI capabilities for Search
 "Former AI search experience lead appointed as new head of Google Search")
DeepMind, Inflection AI to Microsoft AI CEO: Who is Mustafa Suleyman
Mustafa Suleyman has co-founded two AI firms, a global social impact company, and established a mental health support helpline. Here is everything you need to know about Microsoft AI's next CEO
 "DeepMind, Inflection AI to Microsoft AI CEO: Who is Mustafa Suleyman")