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Competition Commission is getting ready to take action against anti-competitive practices that might emerge in the artificial intelligence front, including algorithmic collusion, the regulator's chief Ravneet Kaur said on Monday. She said the watchdog is also looking at anti-trust issues in sports, civil aviation, paints and varnishes, and liquor sectors. The Competition Commission of India (CCI) keeps a tab on unfair business practices in the market place. "... we are getting ready to take action even on any anti-competitive practices which might emerge in the AI front. "So, we've identified potential anti-competitive conduct... which would be concentration in the AI value chain. It could be algorithmic collusion, targeted price discrimination, self-preferencing, or any opaqueness in the AI," Kaur said. Last year, CCI came out with a market study in AI and competition. Speaking at the 11th National Conference on Economics of Competition Law in the national capital, the CCI ...
: Artificial Intelligence is sparking the "largest infrastructure buildout in human history," requiring trillions of dollars in investment and creating massive demand for skilled blue-collar labour, NVIDIA Founder and CEO Jensen Huang has said. In a recent blog post, Huang argued AI has evolved past being a simple application or a single model, and must now be viewed as essential infrastructure akin to electricity and the internet. "We have only just begun this buildout. We are a few hundred billion dollars into it. Trillions of dollars of infrastructure still need to be built. Around the world, we are seeing chip factories, computer assembly plants and AI factories being constructed at unprecedented scale. This is becoming the largest infrastructure buildout in human history," Huang wrote. Huang conceptualised AI as a "five-layer cake" comprising energy, chips, infrastructure, models, and applications. He emphasised that energy forms the foundational layer and remains the "binding