Page 61 - Latest Updates on Artificial intelligence
OpenAI's Sam Altman heads for another world tour as AI race tightens
Bloomberg reported this week that OpenAI is in talks to raise funds at a valuation of as much as $300 billion in a new SoftBank-led funding round
 "OpenAI's Sam Altman heads for another world tour as AI race tightens")
Economic Survey 2024-25: Workers need safeguards against AI disruption
Both govt, pvt companies should introduce AI over optimised period to minimise job loss
 "Economic Survey 2024-25: Workers need safeguards against AI disruption")
Cyril Amarchand adopts artificial intelligence to boost legal services
This move underscores the growing adoption of AI within the domestic legal industry
 "Cyril Amarchand adopts artificial intelligence to boost legal services")
Google's 'Ask for Me' uses AI to call businesses on behalf of customers
Currently available as part of Google's Search Labs, this tool allows users to access essential information such as pricing and availability without having to dial a phone number themselves
 "Google's 'Ask for Me' uses AI to call businesses on behalf of customers")
Gen AI's integration with financial sector to foster innovation: SBI chief
He said with the advent of technology-based banking products and the growing use of these products by vulnerable sections of society, consumer education and protection are necessary
 "Gen AI's integration with financial sector to foster innovation: SBI chief")
Economic Survey sounds alarm on AI, calls for education-industry links
The survey highlighted that critical thinking, creativity, and deep domain expertise will soon outweigh narrowly focused technical skills
 "Economic Survey sounds alarm on AI, calls for education-industry links")
Economic Survey 2025: AI an unprecedented opportunity and challenge
State may resort to taxation of profits generated from replacement of labour with tech
 "Economic Survey 2025: AI an unprecedented opportunity and challenge")
Indian firm AceCloud to offer DeepSeek GenAI with data residency claims
AceCloud said that it will offer DeepSeek models with capabilities from 7 Bn parameters upwards and has capabilities to provide higher configurations as per specific business requirements
 "Indian firm AceCloud to offer DeepSeek GenAI with data residency claims")
Apple Intelligence will launch in India this April, initially in English
Initially, Apple Intelligence was only available in English (US) but later expanded to include localised English for regions such as the UK, Australia, and Canada
 "Apple Intelligence will launch in India this April, initially in English")
US probably looking into whether DeepSeek used restricted AI chips
In the US, DeepSeek's accomplishments sparked accusations that it had improperly accessed technology from OpenAI and other leaders, though the allegations remain unproved
 "US probably looking into whether DeepSeek used restricted AI chips")
OpenAI seeks $40 billion in fresh funding as DeepSeek disrupts AI market
The development follows concerns sparked by Chinese AI startup DeepSeek, which recently introduced a highly advanced chatbot at a significantly lower cost than its American rivals, unsettling the mark
 "OpenAI seeks $40 billion in fresh funding as DeepSeek disrupts AI market")
Pentagon workers used DeepSeek's chatbot for days before block: Official
The move came after defence officials raised concerns that Pentagon workers were using the tool, the person said
 "Pentagon workers used DeepSeek's chatbot for days before block: Official")
DeepSeek will barely dent 'magnificent seven' stocks, shows survey
Of the 260 respondents, 88% said the debut of the startup's latest model - which wiped $784 billion from the S&P 500 on Monday - will have little to no impact on the shares of US technology behemoths
 "DeepSeek will barely dent 'magnificent seven' stocks, shows survey")
DeepSeek's AI restricted by 'hundreds' of companies amid concerns over leak
Chief among those worries is the fact that DeepSeek states in its own privacy terms that it collects and stores data in servers in China
 "DeepSeek's AI restricted by 'hundreds' of companies amid concerns over leak")
Back to business: Govt lines up key Bills as Budget Session begins today
The session will begin with President Droupadi Murmu's address to the joint sitting of the two Houses of Parliament and Finance Minister Nirmala Sitharaman tabling the Economic Survey 2024-25
 "Back to business: Govt lines up key Bills as Budget Session begins today")
India's foundation artificial intelligence model in 8-10 months: Vaishnaw
The foundational models are being developed under the Rs 10,372-crore India AI mission, which was approved by the Union Cabinet in March 2024
 "India's foundation artificial intelligence model in 8-10 months: Vaishnaw")
IBM beats profit estimates as AI shift boosts software performance
"When you see more growth come from software, that comes with a lot better margins," said Matt Swanson, analyst at RBC Capital Markets
 "IBM beats profit estimates as AI shift boosts software performance")
Microsoft cloud computing biz to grow slowly amid shortage of data centres
The Azure cloud division will grow at as much 32 per cent in its fiscal third quarter, not much faster than it did during the last three months of 2024
 "Microsoft cloud computing biz to grow slowly amid shortage of data centres")
Microsoft's cloud outlook knocks shares, Meta rises on AI payoff signs
The Windows maker missed market estimates for quarterly revenue growth at Azure and gave a third-quarter forecast for the business that was below expectations
 "Microsoft's cloud outlook knocks shares, Meta rises on AI payoff signs")
Delhi HC has jurisdiction in OpenAI copyright case: Court-appointed experts
News agency ANI, Indian media houses and global publishing companies based in India have filed copyright infringement cases against OpenAI in Delhi High Court
 "Delhi HC has jurisdiction in OpenAI copyright case: Court-appointed experts")
