Page 44 - Latest Updates on Artificial intelligence
Growth capital firm Playbook Partners targets 2025 to raise $250 mn fund
Playbook Partners aims to invest in 12-15 companies in two years, with an average ticket size of $20 million
 "Growth capital firm Playbook Partners targets 2025 to raise $250 mn fund")
Elon Musk's DOGE slashes $135 mn funding to fight deepfakes, misinformation
The cuts impact dozens of active grants, including several programmes focused on combating misinformation and AI deepfakes, according to the document
 "Elon Musk's DOGE slashes $135 mn funding to fight deepfakes, misinformation")
We're building a newsroom that's not afraid to play with tech: Kalli Purie
A digital persona can do funny hours. If I could have an anchor in the studio when the newsroom has woken up to a big event like an earthquake, it can be fed in, says Purie
 "We're building a newsroom that's not afraid to play with tech: Kalli Purie")
IT companies using AI, GenAI to reduce client costs as budgets squeeze
This marks a shift in how cost savings are achieved in traditional IT projects, popularly known as the run-side
 "IT companies using AI, GenAI to reduce client costs as budgets squeeze")
Instagram tries using AI to identify teens pretending to be adults
Meta has been using AI to determine people's ages for some time, the company said
 "Instagram tries using AI to identify teens pretending to be adults")
Street signs: Nifty eyes 24,000, AI to vet IPO documents, and more
Hyundai Motor India and Waaree Energies are among the stocks likely to come into focus this week as their lock-up periods expire
 "Street signs: Nifty eyes 24,000, AI to vet IPO documents, and more")
Samsung, Motorola to boost AI capabilities on phones through Perplexity AI
Reportedly, Perplexity AI's partnership with Motorola is expected to be announced this month, whereas discussions with Samsung are still in early stages
 "Samsung, Motorola to boost AI capabilities on phones through Perplexity AI")
TCS partners with AI firm Vianai Systems, founded by Vishal Sikka
TCS will customise the hila platform to meet the specific needs of financial institutions and other key sectors
 "TCS partners with AI firm Vianai Systems, founded by Vishal Sikka")
US House panel calls China's DeepSeek AI a 'profound threat' to security
DeepSeek, which is the latest AI offering, grabbed the global attention for its low-cost model. Also, DeepSeek overtook ChatGPT as the top-ranked free app on Apple's Appstore
 "US House panel calls China's DeepSeek AI a 'profound threat' to security")
Google offers another Gemini paid feature for free on Android: Details here
Initially, the on-screen awareness and camera sharing features of the Gemini Live were offered in free-tier model only to select Pixel and Samsung Galaxy smartphones
 "Google offers another Gemini paid feature for free on Android: Details here")
AI, data science engineers getting paid up to Rs 50 lakh: Quess report
Jobs in generative artificial intelligence (GenAI), platform engineering and UI/UX have reported growth of 32 per cent, 26 per cent and 25 per cent, respectively
 "AI, data science engineers getting paid up to Rs 50 lakh: Quess report")
India tops AI hiring charts, but is it enough to compete with US and China?
India recorded the world's highest Y-o-Y growth in AI hiring and became the second-largest contributor to AI-related GitHub projects in 2024, but still lags behind in private investments
 "India tops AI hiring charts, but is it enough to compete with US and China?")
AI won't need to take orders from humans soon: Ex-Google boss Eric Schmidt
Despite AI being in the news everyday, Eric Schmidt maintains most people still do not understand the scale at which artificial intelligence is growing
 "AI won't need to take orders from humans soon: Ex-Google boss Eric Schmidt")
Karnataka govt, Bavaria sign MoU to boost ties in AI, biotech, more
The MoU was signed by Karnataka's Minister for Large and Medium Industries, M B Patil, and Dr Florian Herrmann, Head of the Bavarian State Chancellery
 "Karnataka govt, Bavaria sign MoU to boost ties in AI, biotech, more")
Apple to enhance AI using user data, assures no compromise on privacy
Currently, Apple uses synthetic data that mimic the structure and characteristics of user-generated content to improve Apple Intelligence-based features
 "Apple to enhance AI using user data, assures no compromise on privacy")
Netflix test AI search powered by OpenAI for natural language-based queries
Currently, the feature is available only on iOS devices in select regions, but there is a possibility of a wider rollout if it turns out to be a success
 "Netflix test AI search powered by OpenAI for natural language-based queries")
Google AI Overviews now shows more links, but not to websites: Details here
An instance was reported where an AI Overview contained as many as 31 internal links, packed into a fairly short summary whereas only seven links directed to external websites
 "Google AI Overviews now shows more links, but not to websites: Details here")
OpenAI introduces ID verification process for access to upcoming AI models
OpenAI is rolling out a new ID verification process for organisations, enabling access to its advanced AI models. The move aims to enhance security and prevent misuse of its API
 "OpenAI introduces ID verification process for access to upcoming AI models")
Meet 14-yr-old Indian-origin teen whose app detects heart disease in 7 secs
Dallas-based Siddharth Nandyala's app 'Circadian AI' detects heart ailments in seven seconds, boasting over 96 per cent accuracy across US and Indian patient trials
 "Meet 14-yr-old Indian-origin teen whose app detects heart disease in 7 secs")
Govt to give bulk of ₹10,000 cr startup fund to AI, tech sectors: Official
With an intent to build a strong ecosystem of the country for nurturing innovation and promoting startups, the government launched the Startup India initiative on January 16, 2016
 "Govt to give bulk of ₹10,000 cr startup fund to AI, tech sectors: Official")
