Artificial Intelligence (AI) has the potential to aid cartelisation by automating collusive behaviour through predictive algorithms, Competition Commission chief Ravneet Kaur has said, asserting that the watchdog is focused on developing ecosystems that ensure algorithmic transparency and accountability while promoting innovation. The Competition Commission of India (CCI), which works to curb unfair business practices in the market place, has commenced the study on Artificial Intelligence (AI) and competition that is expected to be completed by mid-2025. The study will look at various elements, including AI in the area of logistics and algorithms in general. In an interview to PTI, Kaur said mere use of algorithms cannot be anti-competitive but in case the algorithms are manipulated, then that is a competition issue. "AI has the potential to aid cartelisation by automating collusive behaviour through predictive algorithms... our focus is on developing ecosystems that ensure ...
Artificial intelligence (AI) transitioned from a temporary trend to a widespread reality, gaining traction across industries due to its potential to enhance efficiency, generate revenue and create entirely new roles, yet concerns around its use and impact on jobs remained. Gone are the days when it was merely a buzzword; AI has now become an integral part of business strategy across various sectors. But its full impact on jobs is little known and so is the issue of intellectual property, data ownership and its privacy implications, and liability - who is liable if an accident or mishap occurs due to the use of AI. As technology becomes increasingly human-like and pervasive, organisations are now striving to unlock business value through innovative methods to engage customers and employees, enhance operational efficiencies, and generate new revenue streams, Wipro CIO Anup Purohit said. "We are working towards a future where AI is integrated seamlessly into everyday operations beyond
Launched in March 2023, Microsoft's 365 Copilot gained popularity for incorporating the OpenAI GPT-4 model. The company is also employing other AI models for its products and experiences
Gemini 2.0 Flash-based reasoning model is trained to "explicitly shows its thoughts" while reasoning through a problem
As many as 92 per cent of Indian executives view security vulnerabilities as the foremost challenge to responsible AI adoption, highlighting a pressing need for robust governance frameworks to foster trust and mitigate risks in an increasingly AI-driven landscape, according to a recent report by Deloitte. The 'AI at a crossroads: Building trust as the path to scale' report by Deloitte Asia Pacific, which surveyed 900 senior leaders across 13 markets revealed that while enthusiasm for AI is high, significant barriers remain. "...about 92 per cent of Indian executives identify security vulnerabilities, including hacking and cyber threats, as a primary concern in AI adoption, while 91 per cent express significant concern about the privacy risks related to sensitive data in AI usage. "Additionally, 89 per cent highlight complexities resulting from regulatory uncertainties, citing evolving compliance requirements as a challenge towards AI integration," it said. The urgency for effective
The IT ministry has invited proposals from entities for the development of technology tools to create a trusted AI ecosystem, including the detection of deepfakes, as per information published on Meity's website. As part of IndiaAI mission, the Safe and Trusted AI pillar envisages the development of indigenous tools and frameworks and self-assessment checklists for innovators, among others, to put in place adequate guardrails to advance the responsible adoption of AI. "To spearhead this movement, IndiaAI is calling for Expressions of Interest (EOI) from individuals and organisations that want to lead AI development projects to foster accountability, mitigate AI harms and promote fairness in AI practices," the note for proposal said. Miety has invited proposals for watermarking and labelling tools to authenticate AI-generated content, ensuring it is traceable, secure, and free of harmful materials. The proposal calls for the need to establish AI frameworks that align with global ...
Weeks before his death, Suchir Balaji, a graduate from the University of California, made serious allegations against his former employer, OpenAI
In the future, however, Friar said OpenAI could charge customers based on the value they get from using the startup's products, particularly in the enterprise setting - whether it be lawyers who turn
LLMs are a particular type of language model, which is a mathematical representation of language based on probabilities
Union Minister Jitin Prasada on Monday asserted the vision to develop artificial intelligence (AI) in India, for India, and all, and said the country is poised for an AI revolution. Prasada, Minister of State for Electronics & Information Technology, in a keynote address at the India Internet Governance Forum (IIGF) 2024, said India is not only the largest democracy, but also a vibrant digital economy setting new benchmarks for innovation and inclusivity. He said discussions today should not only focus on addressing the challenges of internet governance but also on exploring transformative solutions. "Artificial intelligence is a cornerstone of these transformative solutions. Our vision is to make AI in India and make AI work for India, as well as AI for all. Today, India is placed for a transformative AI revolution," he said. The minister quoted Prime Minister Narendra Modi, "If earlier, human civilisations were based around rivers and oceans, then later around highwaystoday's ...
New tier, called ChatGPT Pro, will be in addition to OpenAI's existing subscriptions of ChatGPT Plus, Team and Enterprise
Amazon on Tuesday announced a new generation of foundation models at AWS' annual showcase re:Invent, as Amazon CEO Andy Jassy took to the stage to spotlight the "explosion" of generative AI and the tech giant's bold bets. Amazon Web Services (AWS) is the cloud computing arm of Amazon. The new set of AI foundation models are called 'Nova'. Amazon Nova Micro, Amazon Nova Lite, and Amazon Nova Pro are generally available today, while Amazon Nova Premier will be available in the Q1 2025 timeframe. "...We have continued to work on our own frontier models and those frontier models made a tremendous amount of progress over the last 4-5 months. And we figured if we were finding value out of them, you would probably find value out of them...so I am excited to share and announce the launch of Amazon Nova which are new state-of-the-art foundation models...," Jassy said at AWS' annual flagship event re:Invent. Amazon Nova Micro is a "laser-fast" and cost-effective text-to-text model, while ...
Artificial Intelligence and GenAI are poised to be a major "game changer" for society, a senior official of Japan's NTT has said, adding that the technology, which is attracting big investments and global attention, will prove to be "ubiquitous and impactful" in the coming times. Sean Lawrence, Vice President and head of the IOWN Development Office at NTT, said AI is being used far more widely than what is perceived by many. "We're not even going to know always that we're interacting with AI, but I think it is going to be really the next really big game changer in terms of technology for society," he said. Lawrence said AI will be powerful and ubiquitous. "... AI really is going to be very impactful for society. I think we're already using it a lot more than we realise for many people, but with the kind of maturation of AI, generative AI over the past few years, and you can see where it's going with the amount of investment and focus on it, it is going to become quite ubiquitous,"
Along with advanced conversational features for revamped Siri assistant, many new iOS 19 features are also postponed until Spring 2026
Samsung's Gauss 2 is available as three distinct models - Compact, Balanced and Supreme - each designed for different purpose
President-elect Donald Trump has vowed to repeal President Joe Biden's signature artificial intelligence policy when he returns to the White House for a second term. What that actually means for the future of AI technology remains to be seen. Among those who could use some clarity are the government scientists and AI experts from multiple countries gathering in San Francisco this week to deliberate on AI safety measures. Hosted by the Biden administration, officials from a number of US allies among them Australia, Canada, Japan, Kenya, Singapore, the United Kingdom and the 27-nation European Union began meeting Wednesday in the California city that's a commercial hub for AI development. Their agenda addresses topics such as how to better detect and combat a flood of AI-generated deepfakes fueling fraud, harmful impersonation and sexual abuse. It's the first such meeting since world leaders agreed at an AI summit in South Korea in May to build a network of publicly backed safety
The research shows that the retail sector is set to lead employment growth, requiring an additional 6.96 million workers to fuel its expansion
These interactions include tasks such as generating text, answering questions, and assisting with various applications utilizing AI. Baidu's commercialization efforts have largely revolved around
Ilya Sutskever, co-founder of AI labs Safe Superintelligence (SSI) and OpenAI, told Reuters recently that results from scaling up pre-training - the phase of training an AI model that uses a vast
Apple Intelligence is available in English (US) with iOS 18.1 for the iPhone 15 Pro, iPhone 15 Pro Max, and iPhone 16 series. Here is how to enable intelligence features without resetting the phone