Page 88 - Latest Updates on Artificial intelligence
Google's revolutionary AI-powered Ask Photos feature may be released soon
Announced at Google I/O 2024, the Ask Photos makes it easier and simpler to search for what you want in thousands of photos and videos in Google Photos app
 "Google's revolutionary AI-powered Ask Photos feature may be released soon")
AI reshaping industries, 'cornerstone' of business strategy: Rishad Premji
Wipro has made 'human interactions' core of AI development, says chairman of IT service company
 "AI reshaping industries, 'cornerstone' of business strategy: Rishad Premji")
Online enrollment in AI courses sees a 50% growth on a YoY basis: Report
The report also highlighted that freshers skilled in AI, ML, and cybersecurity currently bag the highest salaries in India
 "Online enrollment in AI courses sees a 50% growth on a YoY basis: Report")
OpenAI unveils cheap, less energy-intensive small AI model GPT-4o mini
Priced at 15 cents per million input tokens and 60 cents per million output tokens, the GPT-4o mini is more than 60per cent cheaper than GPT-3.5 Turbo, OpenAI said
 "OpenAI unveils cheap, less energy-intensive small AI model GPT-4o mini")
Krutrim takes on Google, unveils new pricing & future roadmap for Ola Maps
For larger volumes, despite recent price adjustments by Google, Krutrim said it is offering prices which are 50 per cent of Google Maps' reduced rates, ensuring value for the users
 "Krutrim takes on Google, unveils new pricing & future roadmap for Ola Maps")
L&T Technology Q1FY25 results: Net profit up marginally at Rs 313.6 crore
The EBIT margin of the company stood at 15.6 per cent, falling 130 basis points (bps) sequentially and 1.6 per cent YoY
 "L&T Technology Q1FY25 results: Net profit up marginally at Rs 313.6 crore")
OIa founder calls to create India's own AI stack, use DPI to build datasets
To be leaders on the AI front, Aggarwal elucidated that the country needs the government and the industry to adopt AI applications
 "OIa founder calls to create India's own AI stack, use DPI to build datasets")
Fitterfly collab with Google Cloud to launch AI feature for diabetic people
Fitterfly Klik uses AI computer vision paired with the Fitterfly Nutrition Database, comprising over 37,000 Indian foods, to recognize, analyze, and break down food
 "Fitterfly collab with Google Cloud to launch AI feature for diabetic people")
Govt to overhaul nationwide weather monitoring infra for accurate forecasts
The Ministry of Earth Sciences gears up to harness advanced technologies and expand infrastructure for precise climate prediction and intervention
 "Govt to overhaul nationwide weather monitoring infra for accurate forecasts")
TCS' AI pipeline at $1.5bn; focus on talent development, AI engagement
TCS is working on an AI-based interview coach that evaluates both the content of an employee's responses and their body language and tone, providing corrective feedback
 "TCS' AI pipeline at $1.5bn; focus on talent development, AI engagement")
Indian AI tackles non-Eng language data scarcity with 'transfer learning'
Transfer learning enables a model trained on one task, like an English dataset, to be fine-tuned on new tasks or languages with less data, leveraging its pre-existing knowledge efficiently
 "Indian AI tackles non-Eng language data scarcity with 'transfer learning'")
Cropin unveils Sage: AI-powered agri-intelligence for global agriculture
Cropin's Sage aims to revolutionise agriculture by enabling seed manufacturers, food processors and govt to make informed decisions based on real-time data on cultivation practices, climate, soil etc
 "Cropin unveils Sage: AI-powered agri-intelligence for global agriculture")
India's AI law to focus on innovation, may skip penalties for violations
The Ministry of Electronics and IT is drafting a new AI law which will require social media platforms Facebook, Instagram, YouTube, and X to include watermarks and labels on content
 "India's AI law to focus on innovation, may skip penalties for violations")
Nearly 20,000 employees to be trained in GenAI every quarter: HCLTech
Last quarter, we reported the investments we are making in upskilling our people for GenAI skills. If you recall, last year we trained and certified about 42,000 employees
 "Nearly 20,000 employees to be trained in GenAI every quarter: HCLTech")
Volatile market, policy issues cause a drop in India's AI startup funding
The drop recorded for the April-June quarter this year was 91 per cent from the previous quarter and 82 per cent from the same period last year
 "Volatile market, policy issues cause a drop in India's AI startup funding")
Elon Musk may delay in Aug 8 robotaxi unveil event to make design change
Tesla shares had been down more than 40% earlier in the year, but are up more than 80% since hitting a 52-week low in April
 "Elon Musk may delay in Aug 8 robotaxi unveil event to make design change")
OpenAI whistleblowers ask SEC to examine firm's agreements with employees
OpenAI said in a statement that its policies protect employees' rights to make protected disclosures
 "OpenAI whistleblowers ask SEC to examine firm's agreements with employees")
Japan turns to AI romance apps amid rising loneliness, falling birth rate
In Japan, the Loverse app offers AI companionship as traditional relationships decline, while government efforts remain focused on addressing the nation's falling birth rates and growing loneliness
 "Japan turns to AI romance apps amid rising loneliness, falling birth rate")
Nvidia investor dilemma: How much is too much in a stock portfolio?
Funds that owned Nvidia have so far reaped the benefits
 "Nvidia investor dilemma: How much is too much in a stock portfolio?")
Kerala govt unveils slew of sops to promote AI, focused policy on anvil
Minister for Industries and Law P Rajeeve made the state's AI Declaration at the valedictory of the two-day international Gen AI conclave here, laying the road map for the transformative shift
