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 .
Since its first AI rollout in 2014, ManageEngine has gradually integrated various AI-powered features across its offerings, including anomaly detection and predictive forecasting
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 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 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
The new iPhones represent a big moment for generative AI, which can answer questions, create images and write software code
Apple's ubiquitous iPhone is about to break new ground with a shift into artificial intelligence that will do everything from smartening up its frequently dim-witted assistant Siri to creating customised emojis on the fly. The new era will dawn Monday with the unveiling of the hotly anticipated iPhone 16 in a Cupertino, California, auditorium named after Apple co-founder Steve Jobs, who pulled out the first iPhone in 2007 and waved it like a magic wand while predicting it would reshape society. Apple has sold billions of iPhones since then, helping to create about USD 3 trillion in shareholder wealth. But in the past decade, there have been mostly minor upgrades from one model to the next a factor that has caused people to hold off on buying a new iPhone and led to a recent slump in sales of Apple's marquee product. The iPhone 16 is generating a bigger buzz because it is the first model to be tailored specifically for AI, a technology that is expected to trigger the biggest ...
Last year, Amazon began offering US-based, self-published authors who make their books available on the Kindle Store the option of having their works narrated by a generic "virtual voice"
The AI Convention, which has been in the works for years and was adopted in May after discussions between 57 countries, addresses the risks AI may pose, while promoting responsible innovation
You.com claims millions of daily users, including at organizations like Salesforce, Stanford University and the startup Hugging Face
Researchers have developed a tool that could tell apart an original research article from one created by AI-chatbots, including ChatGPT. In a set of 300 fake and real scientific papers, the AI-based tool, named 'xFakeSci', detected up to 94 per cent of the fake ones. This was nearly twice the success rate seen among the more common data-mining techniques, the authors from the State University of New York, US, and Hefei University of Technology, China, said. "... we introduce xFakeSci, a novel learning algorithm, that is capable of distinguishing ChatGPT-generated articles from publications produced by scientists," they wrote in the study published in the journal Scientific Reports. For developing the AI-based algorithm, the researchers developed two distinct datasets. One of them contained almost 4,000 scientific articles taken from PubMed, an open database housing biomedical and life sciences research papers and maintained by the US National Institutes of Health. The other consis
Imagine a customer-service center that speaks your language, no matter what it is. Alorica, a company in Irvine, California, that runs customer-service centres around the world, has introduced an artificial intelligence translation tool that lets its representatives talk with customers who speak 200 different languages and 75 dialects. So an Alorica representative who speaks, say, only Spanish can field a complaint about a balky printer or an incorrect bank statement from a Cantonese speaker in Hong Kong. Alorica wouldn't need to hire a rep who speaks Cantonese. Such is the power of AI. And, potentially, the threat: Perhaps companies won't need as many employees and will slash some jobs if chatbots can handle the workload instead. But the thing is, Alorica isn't cutting jobs. It's still hiring aggressively. The experience at Alorica and at other companies, including furniture retailer IKEA suggests that AI may not prove to be the job killer that many people fear. Instead, the
Four India-based organisations have been selected among 14 recipients across the Asia Pacific region for grants under the APAC Sustainability Seed Fund 2.0, supported by a USD 5-million grant from Google.org, the tech giant's philanthropic arm. The fund, managed by Asian Venture Philanthropy Network (AVPN), aims to foster technology- and AI-driven solutions addressing critical environmental and social challenges. The Indian recipients include INREM Foundation, CEPT Research and Development Foundation (CRDF), Institute for Financial Management and Research (WELL Labs), and Gujarat Mahila Housing Sewa Trust (MHT), Google.org said in a statement. INREM Foundation will develop AI-enabled open digital solutions for community access to water contamination data. CRDF plans to use machine learning and satellite imagery to protect lakes and their carbon sink function. WELL Labs will develop advanced models for village-level water security insights, while MHT will create an AI-powered model t
The NSE Nifty 50 and the S&P BSE Sensex both rose about 0.6% to hit all-time highs, before trimming some gains to settle up 0.4% at record closing levels
Under the agreements, announced on Thursday, the US AI Safety Institute will receive early access to major new AI models from the companies to evaluate capabilities and risks
Infosys on Thursday said it has expanded its partnership with American chipmaker NVIDIA to develop GenAI-powered solutions for telecom operators. The IT major has developed three generative AI solutions powered by its AI-offering Topaz, which make use of NVIDIA NIM inference microservices, NVIDIA NeMo Retriever embedding models, and NeMo Guardrails to customise and deploy generative AI telco domain-specific large-language models. It has also used NVIDIA Riva to allow real-time transcription and translations for call centre agents, according to a regulatory filing. "Telcos are increasingly adopting generative AI solutions to improve the productivity of their businesses with smarter networks, more efficient operations, and enhanced customer service. "Leveraging NVIDIA's full-stack accelerated computing and AI platform, Infosys Topaz is delivering a suite of domain-specific solutions that will help telcos accelerate and streamline their adoption of generative AI," Ronnie Vasishta, Sen
Infosys on Wednesday said it has joined hands with Stanford University Institute for Human-Centered Artificial Intelligence (Stanford HAI) to help accelerate AI research initiatives. The IT major will become a part of the institute's Corporate Affiliate Program, according to a statement. The initiative will leverage Infosys AI-offering Topaz to focus on key areas to drive innovation and accelerate enterprise AI adoption, the statement said. As part of this programme, Infosys will engage with Stanford HAI faculty and researchers on topics like responsible AI, optimisation of AI models for cost efficiency, and enhancing the effectiveness of business process value chain through AI and ML, among others. "Through this collaboration, Infosys will support the development of cutting-edge thought leadership and research that will help enterprises accelerate their AI journey in a responsible manner. "By incorporating the latest AI research and proven practices into Infosys Topaz, we aim to
AI-driven deepfakes risk financial, reputational damage, call for stricter measures
Consumer Electronics maker Samsung India on Tuesday launched a new range of AI-powered washing machines and aims to be the market leader in the premium segment in the coming quarters, said a company official on Tuesday. The company, which currently holds around 20 per cent of the washing machine market, has "an objective of becoming a consumer leader" by gaining market share quarter-on-quarter, outpacing the industry growth, said Samsung India Senior Director, Digital Appliances, Saurabh Baishakhia. Samsung expects new launches, the ongoing trend of premiumisation in the appliances segment and the coming festive season this year and tailwind from attractive financing schemes breaking down acquisition costs will help it gain in the segment and claim market leadership, he said. "We have 20 per cent market share and are looking further improving it. We aspire to become a brand that is bought by most consumers," Baishakhia told PTI. At present, South Korean maker LG Electronics is the
IT major Wipro on Tuesday said it has expanded its partnership with Dell Technologies to integrate their AI enterprise solutions and provide enterprises best-in-class technology and the latest in chip designs. The collaboration will allow enhanced cost control and risk mitigation while providing enterprises with access to the best-in-class technology, accelerating the adoption of AI across cloud, data centre and edge environments, a regulatory filing said. "Wipro's Enterprise AI-Ready platform will leverage the Dell AI Factory with NVIDIA, including Dell validated designs for generative AI, bringing GenAI processing power to data without extensive upfront investment. "The Wipro AI Control Center, an advanced orchestration layer that resides on the Wipro Enterprise AI-Ready platform and enables a seamless infusion of AI for IT and business, will now provide enhanced throughput from the Dell infrastructure," the filing said. This will support the safe, responsible, and sustainable ..