Page 18 - Ai Models

Google readying Gemini 2.0 and AI agent for automating web tasks: Report

Other companies, including OpenAI, Meta, and Anthropic, are also working on new AI models for potential late-year releases

OpenAI could launch its next big GPT AI model in December: What to expect

Reportedly, OpenAI will introduce an Orion AI model that is said to be up to 100 times more powerful than the GPT-4 model. It will be offered alongside he recently released GPT-4o model

India to see 20 times growth in computing capacity in 2024: Nvidia CEO

India, a country "dear" to the world's computer industry, is set to witness 20 times growth in compute capacities in 2024, and will soon be exporting impactful AI solutions, Nvidia founder and CEO Jensen Huang said on Thursday. Speaking at the Nvidia AI Summit 2024 here, Huang emphasised Nvidia's commitment to expanding its ecosystem in India. "India is very, very dear to the world's computer industry, central to the IT industry, at the centre and core of the IT of just about every single company in the world. "Nvidia's ecosystem in India is very rich; 2024 will see a a 20 times growth in compute capacities in India," he said. Huang described the current state of the industry as undergoing a "seismic change" due to AI advancements and suggested that India, which has traditionally been a hub for software exportation, is poised to become a leader in AI exportation in the future. "India exported software; in the future, India will export AI," he said, pointing towards the country ...

Nvidia launches Hindi-language AI model in India as CEO Huang visits

Nvidia is rolling out its new small language model, dubbed Nemotron-4-Mini-Hindi-4B, with 4 billion parameters, for firms to use in developing their own AI models, the company said

EU AI act checker exposes compliance gaps in big tech's AI models

However, the company's "Large Language Model (LLM) Checker" uncovered some models' shortcomings in key areas, spotlighting where companies may need to divert resources in order to ensure compliance

Adobe Max highlights: Firefly video model, AI feature in Photoshop and more

Adobe said that the Firefly video model's text-to-video and image-to-video capabilities are available on the Firefly web app. It also introduced a new generative extend feature in Premiere Pro

Meta announces 'Movie Gen' AI model: What is it, how it works, and more

Movie Gen AI model can generate videos of up to 16 seconds in 1080p resolution and also produce background audio for videos, said Meta

AI global market may touch $990 bn by 2027 with 40-55% AGR: Report

The global market for artificial intelligence (AI)-related products and services is expected to grow at an annual rate of 40-55 per cent, and can reach up to USD 990 billion by 2027, a report has said. Bain & Company's 5th annual Global Technology Report said AI workloads could grow about 25-35 per cent per year through 2027. "Bain estimates that the total addressable market for AI-related hardware and software will grow between 40 per cent and 55 per cent annually for at least the next three years, reaching between USD 780 billion and USD 990 billion by 2027. Fluctuations in supply and demand will create volatility along the way, but a long-term, durable trajectory seems like it is here to stay," it said. As AI expands, the need for computing power will radically expand the scale of large data centers over the next five to 10 years, it added. "AI will spur growth in data centers, from today's 50-200 megawatts to more than a gigawatt. This means that if large data centers cost ...

Jony Ive joins hands with Sam Altman for secret AI device project

Jony Ive spent hours in the neighborhood at the William Stout Architectural Books store, which had thousands of books about design, before he left the city, he knew that he wanted to return

Social media users lack control over data used by AI, says US FTC

Discord, a communications platform, said the report lumps very different business models into one category, and that it did not offer advertising at the time the study was conducted

Infosys to help Posti spruce up customer experience, efficiency with AI

Indian IT services company Infosys on Thursday announced it is extending strategic collaboration with Posti to enable the delivery and logistics services provider in Finland, Sweden and the Baltics to enhance customer experience and operational efficiency. Infosys will adopt an AI-driven approach powered by Topaz, its AI-first offering using generative AI technologies, to empower Posti with operational efficiencies and service quality. Infosys Cobalt will leverage its Live Enterprise Application Management Platform (LEAP), a cloud-enabled platform, to provide NextGen Application Management Services for enterprises to drive their cloud journey, and enhance business productivity. "Infosys today announced it is extending its strategic collaboration with Posti, the leading delivery and logistics services provider in Finland, Sweden and the Baltics," the release said. Over the last five years through the collaboration, Infosys has helped Posti improve the resilience of IT systems, reduc

Zomato bans AI-generated images from food menus to preserve authenticity

Effective from Monday (September 16), restaurants that fail to comply with the new rule against AI images will be removed from Zomato

OpenAI unveils o1-series AI models: What are they, how they work, and more

OpenAI said that o1 and o1-mini AI models can apply different strategies and learn from mistakes to solve science, coding, and maths problems

OpenAI presents new series of AI models with 'reasoning' abilities

The models, dubbed o1 and o1-mini, can reason through complex tasks and solve harder problems than previous models in science, coding and math, the AI firm said

Accel Atoms 4.0 to invest up to $1 mn in startups focused on 'Bharat', AI

Global venture capital firm Accel on Wednesday announced the launch of Accel Atoms 4.0, the fourth edition of its pre-seed scaling programme, Accel Atoms, that offers chosen startups up to USD 1 million funding along with perks of over USD 5 million from Accel network partners. Accel Atoms 4.0 builds on the success of three previous editions, and is designed to make the journey as frictionless as possible for visionary founders and promising entrepreneurs operating in the two distinct cohorts of AI and Bharat, the VC firm said in a release. Accel Atoms 4.0 is inviting applications from two categories of pre-seed startups - those building for Bharat', and AI (Artificial Intelligence), it said. Applications for the programme open on September 16. Accel defines Bharat' as the middle-income households spread across Tier 2, Tier 3, and rural India. Startups at the pre-seed stage, including idea-stage and pre-product companies, are eligible to apply for this rigorous three-month hybrid .

Inside ManageEngine's AI-powered growth strategy towards $1 bn in revenue

Since its first AI rollout in 2014, ManageEngine has gradually integrated various AI-powered features across its offerings, including anomaly detection and predictive forecasting

OpenAI plans to release 'Strawberry' for ChatGPT in 2 weeks: Report

Sam Altman-led OpenAI has propelled new interest and triggered heavy investments in AI, as businesses race to capitalize on the lucrative technology to boost their products

Microsoft backed G42 to build India's largest supercomputer with 8 exaflop

Microsoft and Mubadala-backed G42 will build India's largest supercomputer with eight exaflops, which can perform millions of trillion floating-point operations per second, a senior company official said on Tuesday. G42 India CEO Manu Jain told PTI that the company also unveiled a beta version of Hindi language large language model -- an artificial intelligence engine, with which users can converse in Hindi, English and Hinglish (mix of Hindi and English) language. He said that Prime Minister Narendra Modi had visited Abu Dhabi earlier this year and a memorandum of understanding on digital infrastructure was signed between India and the UAE. "We are the chosen implementation partner to execute this MoU. The MoU had spoken about three things - setting up a very large 2 gigawatt data centre in India. This can double the existing capacity of data centres in India. The second is building one of India's largest supercomputers up to 8 exaflops which we (G42) are building with Cerebras, an

HCLTech to show GenAI-based chatbot, other solutions at SEMICON India 2024

HCLTech on Tuesday said it will showcase its generative AI-based chatbot, along with its other engineering and AI solutions at the SEMICON India event. The three-day conference will commence on September 11, and will be inaugurated by Prime Minister Narendra Modi. "HCLTech suite of solutions on showcase will include conversational AI, HCLTech AI Force -- a generative AI solution that accelerates software development lifecycle, Digital Twins for Wafer Handler and Rack System, Spec to Parts and Spec to Platform and HCLTech Proto ATMP lab demos," HCLTech said in a statement. The IT company will showcase enterprise, digital and engineering innovations, specifically designed for the semiconductor ecosystem, it said. "We look forward to our participation in SEMICON India--especially at a time when India is poised to become a leading player in the semiconductor space. We're happy to contribute our skills, knowledge and engineering prowess gained over four decades. "Our collaborations wit

It's glowtime: AI in spotlight as Apple launches GenAI-backed iPhone16

The new iPhones represent a big moment for generative AI, which can answer questions, create images and write software code