Page 96 - Latest Updates on Artificial intelligence
China launches AI model based on Xi Jinping's philosophy to counter ChatGPT
The move to embed Xi Jinping's philosophy in AI comes as China tries to balance strict free speech controls with advancing AI development like OpenAI's ChatGPT
 "China launches AI model based on Xi Jinping's philosophy to counter ChatGPT")
'AI is a tool, do not treat it like humans': Microsoft CEO Satya Nadella
Microsoft chief executive officer (CEO) Satya Nadella said 'artificial intelligence' should rather be called 'different intelligence'
 "'AI is a tool, do not treat it like humans': Microsoft CEO Satya Nadella")
Dell teams up with governments worldwide to tackle issues of AI ethics
Dell Technologies is actively collaborating with governments to establish appropriate policies and procedures, ensuring alignment with ethical standards within its probability models
 "Dell teams up with governments worldwide to tackle issues of AI ethics")
RIL's new venture Tira bets on AI tools to push into Indian beauty market
The local beauty segment is expected to grow at 10% between 2022 and 2027, according to a September report by RedSeer Strategy Consultants and PeakXV, beating China's 7% and the US' 5%
 "RIL's new venture Tira bets on AI tools to push into Indian beauty market")
Artificial intelligence black boxes just got a little less mysterious
Anthropic claims to have found clues about the inner workings of large language models
 "Artificial intelligence black boxes just got a little less mysterious")
Prodapt Solutions aims to clock $1 bn revenue in 5-6 yrs: CEO Harsha Kumar
Prodapt currently has an employee base of 6,000 globally of which 4,500 are based out of India
 "Prodapt Solutions aims to clock $1 bn revenue in 5-6 yrs: CEO Harsha Kumar")
Financial support for GPU infra will increase AI adoption, say analysts
While the industry welcomed the announcement, it also highlighted some other areas that need government intervention, including skilling initiatives and regulatory support
 "Financial support for GPU infra will increase AI adoption, say analysts")
Google brings new artificial intelligence-powered updates to advertisements
The tools for retailers include a new profile option for e-commerce brands, generative AI features for more effective product imagery, and new immersive ad formats
 "Google brings new artificial intelligence-powered updates to advertisements")
Second global AI summit secures safety commitments from companies
Alphabet's Google, Meta, Microsoft and OpenAI, and firms from China, South Korea and the UAE are among the firms
 "Second global AI summit secures safety commitments from companies")
Europe sets benchmark for rest of the world with landmark AI laws
EU vote came two months after lawmakers backed AI legislation drafted in 2021
 "Europe sets benchmark for rest of the world with landmark AI laws")
Actors union backs Scarlett Johansson after claim of voice misuse by OpenAI
OpenAI unveiled its latest artificial intelligence model, GPT-4o, last week, featuring an audio-interacting persona named "Sky"
 "Actors union backs Scarlett Johansson after claim of voice misuse by OpenAI")
Samsung replaces chip chief with veteran exec Jun as SK Hynix takes AI lead
The move is likely aimed at catching up in the market for top-end chips used in artificial intelligence (AI) such as high bandwidth memory (HBM) chips where Samsung has fallen behind rivals
 "Samsung replaces chip chief with veteran exec Jun as SK Hynix takes AI lead")
Boards need to embrace AI
That's the only way they can navigate future innovations, ethics, and mitigate risks
 "Boards need to embrace AI")
KKR acquires minority stake in Healthcare BPO firm Infinx for Rs 1,250 cr
Founded in 2012, Infinx is a provider of innovative, data-driven revenue cycle management solutions for the healthcare sector, with a particular focus on the US market
 "KKR acquires minority stake in Healthcare BPO firm Infinx for Rs 1,250 cr")
Industry 4.0: Uttar Pradesh govt to equip future workforce with AI
State's Abdul Kalam Technical University (AKTU) has signed a memorandum of understanding (MoU) with IBM for free online courses in such programmes across more than 500 affiliated colleges
 "Industry 4.0: Uttar Pradesh govt to equip future workforce with AI")
Indian digital economy growing at 2.8%, will reach $1 trn by FY28: IT Min
The government earlier expected India to reach the $1 trillion-mark by 2026-27 but the target has been moved by a year due to various reasons, including the Covid-19 pandemic, he said
 "Indian digital economy growing at 2.8%, will reach $1 trn by FY28: IT Min")
IBM's open source models to help Saudi Arabia train AI systems in Arabic
To make money off the models, IBM offers a paid tool it calls Watsonx that helps run the models smoothly inside a data center after they have been customised
 "IBM's open source models to help Saudi Arabia train AI systems in Arabic")
AI-intensive sectors show surge in workers' productivity, says PwC
The data suggested that the rise of artificial intelligence could help countries to break out of a rut of low productivity growth which would boost economic growth, wages and living standards
 "AI-intensive sectors show surge in workers' productivity, says PwC")
Why does OpenAI sound like me? Actor Scarlett Johansson wants an answer
OpenAI clarifies ChatGPT 4-o's 'Sky' is not an imitation of Johansson's voice after users compare it to an AI companion character in the film, 'Her'
Every new hire will get training for AI, says JPMorgan amid technology boom
JPMorgan sees the emerging technology as worth between $1 billion and $1.5 billion, President Daniel Pinto said at the event
