Page 93 - Latest Updates on Artificial intelligence
Microsoft works to add non-OpenAI models into 365 Copilot products
It is the latest effort by Microsoft, which is a major backer of OpenAI, to lessen its dependence on the AI startup - a departure from recent years when Microsoft touted its early access
 "Microsoft works to add non-OpenAI models into 365 Copilot products")
Year in review: 5 consumer technology innovations that turned heads in 2024
From the widespread adoption of generative AI in consumer devices to expansion of digital ecosystems, the year 2024 defined the consumer technology space with following innovations
 "Year in review: 5 consumer technology innovations that turned heads in 2024")
Year in review: 5 important regulatory changes by Indian govt in 2024
Addressing diverse areas ranging from patent processes to frameworks for AI regulation, the Centre introduced several significant regulatory changes in 2024
 "Year in review: 5 important regulatory changes by Indian govt in 2024")
AI, capitalism, and ethics: The urgent need for responsible governance
Without human feelings and consciousness, AI, like any technology, is an ethics-free enterprise
 "AI, capitalism, and ethics: The urgent need for responsible governance")
Advancing tax administration: Role of technology in India's tax ecosystem
Transforming tax administration in India: Technology-driven reforms redefine compliance, efficiency, and strategic decision-making
 "Advancing tax administration: Role of technology in India's tax ecosystem")
Bot detection no longer working, just wait until AI agents come along
The imminent arrival of AI agents will add another layer of complexity. It will mean we increasingly want bots to visit sites and do things on our behalf
 "Bot detection no longer working, just wait until AI agents come along")
OpenAI unveils 'o3' reasoning AI models, plans roll out from January 2025
The o3 and o3 mini models, which are in internal safety testing currently, will be more powerful than its previously launched o1 models, said OpenAI
 "OpenAI unveils 'o3' reasoning AI models, plans roll out from January 2025")
Trump appoints Indian American Krishnan as senior policy advisor on AI
Sriram Krishnan will serve as the Senior Policy Advisor for Artificial Intelligence at the White House Office of Science and Technology Policy, Trump said on Sunday
 "Trump appoints Indian American Krishnan as senior policy advisor on AI")
Semiconductor startup Mindgrove Technologies raises $8 mn Series A
Mindgrove's system-on-chips (SoCS) are built to be power-efficient and cost-effective for use in Internet of Things (IoT), vision and automobiles
 "Semiconductor startup Mindgrove Technologies raises $8 mn Series A")
Cloud, AI will become synonymous in 2025: Wipro FullStride Cloud's Debecker
Debecker spoke about Cloud services and artificial intelligence and how Wipro is preparing to be an AI-powered firm
 "Cloud, AI will become synonymous in 2025: Wipro FullStride Cloud's Debecker")
Agentic AI: Technology that will work for the world on its own agency
Agentic AI can process a payment claim on its own or generate images for a social media post without human prompt. It has the agency to learn from its environment
 "Agentic AI: Technology that will work for the world on its own agency")
Govt to set up data & AI labs; onboards 8 projects for safe AI: Prasada
According to the list shared by Prasada, the selected projects include Machine Unlearning from IIT Jodhpur, Synthetic Data Generation from IIT Roorkee, AI Bias Mitigation Strategy
 "Govt to set up data & AI labs; onboards 8 projects for safe AI: Prasada")
AI firm Databricks raising $10 bn Series J Investment at $62 bn valuation
Funding led by new investor Thrive Capital. Company expects to cross $3 bn in revenue run rate and achieve positive free cash flow in fourth quarter
 "AI firm Databricks raising $10 bn Series J Investment at $62 bn valuation")
Kaapi Machines: Using digital tech to deliver a perfect cup of coffee
The firm's IoT-enabled machines are installed in offices and public places, including at Microsoft, Facebook, Rashtrapati Bhawan, and the iconic Deccan Queen train
 "Kaapi Machines: Using digital tech to deliver a perfect cup of coffee")
GenAI as a service generates $5-10 mn revenue per project globally: study
Indian technology services providers had even lower revenue generation from GenAI at $1.5-2.2 mn
Use technology to drive progress, guard against misuse: Jeet Adani
Speaking at IIT Bombay's Techfest 2024, Adani, the 27-year old younger son of infrastructure magnate Gautam Adani, said the future of technology is both scary and exciting
 "Use technology to drive progress, guard against misuse: Jeet Adani")
Data breach, regulatory uncertainty hurdles in AI implementation: Deloitte
Insufficient understanding of the technology among challenges for Indian companies, it says
 "Data breach, regulatory uncertainty hurdles in AI implementation: Deloitte")
Developing LLM to cut approval times further: Sebi member Narayan
LLMs are advanced AI systems designed to understand and generate human language. They use deep learning techniques and are trained on massive amounts of text data
 "Developing LLM to cut approval times further: Sebi member Narayan")
Google, Tamil Nadu govt hold forum to discuss AI innovation in state
Company and state government in August signed agreement for technology advancement
 "Google, Tamil Nadu govt hold forum to discuss AI innovation in state")
Meity invites proposals for developing trusted AI ecosystem, tools
Meity, in the proposal, also seeks the creation of risk management tools and frameworks to enhance the safe deployment of AI in public services, stress-testing tools to evaluate how AI models perform
 "Meity invites proposals for developing trusted AI ecosystem, tools")