Page 75 - Latest Updates on Artificial intelligence
Nvidia supplier SK Hynix reports record profit, sees demand for AI chips
SK Hynix has outperformed rivals Samsung Electronics and Micron Technology in recent quarters, as it has benefited the most from AI-driven appetite for high-end memory chips following
 "Nvidia supplier SK Hynix reports record profit, sees demand for AI chips")
Nvidia CEO Huang targets more India growth through fresh partnerships
The US chip company, which is holding one of its AI summits in Mumbai, highlighted the ways Indian partners across industries are using its AI technology
 "Nvidia CEO Huang targets more India growth through fresh partnerships")
AI will both create and destroy jobs: EAC-PM member Sanjeev Sanyal
Sanyal also said through this route, the curriculum can be updated seamlessly
 "AI will both create and destroy jobs: EAC-PM member Sanjeev Sanyal")
Airtel's AI system blocks 154 mn spam calls, 8 mn such SMS in West Bengal
Developed in-house by Airtel's data scientists, the AI-powered solution uses a proprietary algorithm to identify and classify calls and SMSes as "suspected spam"
 "Airtel's AI system blocks 154 mn spam calls, 8 mn such SMS in West Bengal")
India holds immense potential in shaping future of AI: Meta's Yann LeCun
LeCun also said that AI won't take over humans, but will amplify human intelligence
 "India holds immense potential in shaping future of AI: Meta's Yann LeCun")
Humans.ai eyes 'positive' Indian market with its AI Counselor tech
International deep tech company Humans.ai has developed ION, which represents an effort to leverage AI technologies to facilitate communication and decision-making processes within the government
 "Humans.ai eyes 'positive' Indian market with its AI Counselor tech")
Nvidia's design flaw with Blackwell AI chips now fixed, says CEO Huang
Nvidia unveiled Blackwell chips in March and had earlier said they would ship in the second quarter but were delayed, potentially affecting customers such as Meta Platforms
 "Nvidia's design flaw with Blackwell AI chips now fixed, says CEO Huang")
Sharad Sanghi's AI cloud startup Neysa raises $30 mn in Series A funding
This investment builds on Neysa's successful $20 million seed round earlier this year
 "Sharad Sanghi's AI cloud startup Neysa raises $30 mn in Series A funding")
IBM releases new AI models for businesses as genAI competition heats up
The new Granite models were trained using AI chip leader Nvidia's H100 graphics processor units (GPUs), said Dario Gil, IBM's director of research
Private banks leading AI adoption in banking services, says RBI study
Says AI likely to make banking services accessible to population at bottom of the pyramid
 "Private banks leading AI adoption in banking services, says RBI study")
Apple iPhone 16 Pro Max review: A pro-grade phone set to get better with AI
While its full potential is expected to be unlocked with iOS 18.1's Apple Intelligence later this month, the iPhone 16 Pro Max already stands as a formidable device
 "Apple iPhone 16 Pro Max review: A pro-grade phone set to get better with AI")
When scammers cloned billionaire Sunil Mittal's voice to con his executive
On Monday, speaking at the NDTV World Summit, Mittal cited the incident to caution people about the risks posed by misuse of emerging technologies like AI
 "When scammers cloned billionaire Sunil Mittal's voice to con his executive")
We've secured a place at the table for large deals: Debashis Chatterjee
Debashis talks about what worked for the company, the combined forces of LTI and Mindtree and how clients are ramping up AI deals
 "We've secured a place at the table for large deals: Debashis Chatterjee")
44% of organisations see AI as key to competitive advantage: Report
According to the "Industry 5.0 and AI report", compiled by BML Munjal University, 44 pc of organisations have experienced a significant boost in productivity through AI integration
Microsoft-OpenAI ties shows signs of fraying due to concerns over stability
Microsoft had already pumped $13 bn into OpenAI, and Nadella was initially willing to keep the cash spigot flowing. But after OpenAI's board of directors briefly ousted Altman, Microsoft reconsidered
 "Microsoft-OpenAI ties shows signs of fraying due to concerns over stability")
ITU secretary-general echoes PM's call for framework on digital tech
Points to the need for telecom standards setting the tone for ethical use of AI globally
 "ITU secretary-general echoes PM's call for framework on digital tech")
India Mobile Congress: Qualcomm places production chips on India bet
Expects to source chips from India in the next two years as semiconductor plants here become operational
 "India Mobile Congress: Qualcomm places production chips on India bet")
Parliament using AI to make House more people-friendly: LS Speaker Birla
Addressing the concluding session of the 149th assembly of IPU, Birla said in a multi-lingual society like India, it is necessary to facilitate parliamentarians to speak in their preferred languages
 "Parliament using AI to make House more people-friendly: LS Speaker Birla")
There's a renewed focus on GCCs with tech emphasis: KPMG India CEO
"Well-being is integral to our people strategy. As a firm, we are committed to creating an environment where every employee can thrive"
 "There's a renewed focus on GCCs with tech emphasis: KPMG India CEO")
GenAI start-up landscape witness broad-based growth, crosses 240 in H1 2024
Net funding addition of $152 million since H1 CY2023, cumulative funding grows over $750 million since 2023, according to Nasscom report
 "GenAI start-up landscape witness broad-based growth, crosses 240 in H1 2024")
