Page 137 - Latest Updates on Artificial intelligence
India, US, South Korea explore cooperation in tech sector including AI
According to a readout by the US, the meeting in Seoul was the first such trilateral dialogue among the three nations
 "India, US, South Korea explore cooperation in tech sector including AI")
Sora: OpenAI says it will release text-to-video AI model in a few months
OpenAI said it is currently considering "the issues of misinformation and harmful bias" before the public release, which is likely in a few months
 "Sora: OpenAI says it will release text-to-video AI model in a few months")
Govt's AI advisory needs changes, should focus on risky apps: GTRI
It also asked to establish mechanisms for ongoing evaluation of the advisory's impact on AI development and misinformation, adjusting policies as needed based on empirical evidence
Layoff fears at Paytm as deadline for bank cutback just a day away
In Dec, Business Standard reported that Paytm was rationalising its employee cost structure, which includes revising its hiring strategy, focusing on contract employees
 "Layoff fears at Paytm as deadline for bank cutback just a day away")
EU lawmakers pass Act to regulate AI despite doubts about right balance
The landmark set of rules, in the absence of any legislation from the US, could set the tone for how AI is governed in the Western world
Perfios secures $80 million funding, set to become 2nd unicorn of 2024
Perfios helps financial institutions with processes such as origination, onboarding, decisioning, underwriting, and monitoring
 "Perfios secures $80 million funding, set to become 2nd unicorn of 2024")
Samsung to use chip-making tech favoured by SK Hynix as race heats up
Samsung, however, has recently issued purchase orders for chipmaking equipment designed to handle MUF technique, three sources with direct knowledge of the matter said
 "Samsung to use chip-making tech favoured by SK Hynix as race heats up")
US spearheads first UN resolution on AI aimed at ensuring world has access
US National Security Advisor Jake Sullivan said the United States turned to the General Assembly to have a truly global conversation on how to manage the implications of the fast-advancing technology
 "US spearheads first UN resolution on AI aimed at ensuring world has access")
Google restricts Gemini's scope of response as India sets for election
It is also collaborating with ECI for seamless access to vital voting information
 "Google restricts Gemini's scope of response as India sets for election")
India now distinct regional priority for Intel: Exec VP Christoph Schell
The global semiconductor industry is projected to reach a trillion-dollar valuation by 2030
 "India now distinct regional priority for Intel: Exec VP Christoph Schell")
India AI mission to provide funding, support to deeptech startups: Experts
The move will provide much-needed financial assistance to deeptech startups in the country, an area which founders say has been a major roadblock for innovation in the sector
 "India AI mission to provide funding, support to deeptech startups: Experts")
Centre to develop non-personal data collection platform for India Inc
Govt plans to develop foundational models with a capacity of more than 100 billion parameters, said Union Minister Rajeev Chandrasekhar
 "Centre to develop non-personal data collection platform for India Inc")
OpenAI slams Elon Musk, calls his claims 'incoherent' in court filing
In the filing, OpenAI stresses that it did not violate its agreement with Musk because "there is no founding agreement, or any agreement at all with Musk, as the complaint itself makes clear"
 "OpenAI slams Elon Musk, calls his claims 'incoherent' in court filing")
Gautam Adani, Qualcomm CEO discuss artificial intellgence, semiconductors
The two leaders met in Mumbai on Monday morning to discuss India's potential around semiconductors, AI and mobility, according to a social media post by Adani
 "Gautam Adani, Qualcomm CEO discuss artificial intellgence, semiconductors")
Influx of AI startups pumps up battle for technical talent in Europe
Founded in 2010 and acquired by Google in 2014, London-based DeepMind made its name applying AI to everything from board games to structural biology
 "Influx of AI startups pumps up battle for technical talent in Europe")
Best of BS Opinion: Investing in AI, China's ambitious targets & more
Here is the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: Investing in AI, China's ambitious targets & more")
Investing in AI
Govt should focus on enabling environment
 "Investing in AI")
Truth in the AI era
Can legislation enable this?
OpenAI's Sam Altman returns to company's board after probe clears him
Altman is rejoining the company's board following the findings
 "OpenAI's Sam Altman returns to company's board after probe clears him")
10K GPUs under IndiaAI mission to be in place over 18-24 months: IT secy
Our target is that the GPUs under the AI machine should be available between 18 and 24 months and will not be directly available under this mission, Krishnan said
 "10K GPUs under IndiaAI mission to be in place over 18-24 months: IT secy")