Page 82 - Artifical Intelligence

AI-powered equity research platform PineGap.ai raises $2.5 million

PineGap.ai, an AI-powered equity research platform, on Thursday said it has raised USD 2.5 million (about Rs 20.88 crore) in a funding round led by US-based investors SVQuad and Inventus Capital. The seed funding round also saw participation from DeVC and Silicon Valley serial entrepreneurs like Mohit Aron, Founder of Cohesity/Nutanix, Vetri Vellore, Founder of Ally.io, and Mohan Kumar, Managing Partner of Avataar Ventures, alongside Wall Street executives. The funds will be utilised to boost product development efforts and strengthen its engineering team. The company, co-founded by IIT-BHU graduates Deepak Sharma (CEO) and Ankit Varmani (CBO), aims to empower equity research analysts working in hedge funds, mutual funds, and investment banks by providing them with an advanced AI-powered platform to interpret data and derive insights from public company filings, a statement said. The platform is powered by Pine-LLM, PineGap's proprietary deep reasoning technology. According to the

China's Baidu says AI chatbot 'Ernie Bot' has attracted 200 million users

Ernie Bot was the first locally developed ChatGPT-like chatbot to be announced in China and was approved for public release in August, last year

Explained: What is conversational AI and how is it different from gen-AI

Like generative AI, conversational AI is a subset of artificial intelligence but with enhanced focus on natural language processing to generate human-like responses to queries

WhatsApp: How to power up your group chats with Meta AI on Android, iPhone

Announced on April 12, Meta AI is currently being tested by the social media giant on its instant messaging platform WhatsApp in limited groups

iOS 18: Apple likely to use on-device AI to power next-gen iPhone features

Most of the AI features on iOS 18 would reportedly work offline. However, Apple may also offer additional AI tools in partnership with third-party providers that may use cloud services

Oppo, OnePlus partner with Google to bring Gemini AI model to smartphones

Gemini model-powered AI tools will roll out on Oppo and OnePlus devices by the end of 2024

Google to make Pixel AI image editor free in Google Photos: Details here

AI-backed image-editing tools will be available on all Android and iOS devices through the Google Photos app, with 10 saves per month in the free tier

Meta unveils next-gen custom AI chip to power its apps and services

The next-generation MTIA chip is part of Meta's broader plan for custom, domain-specific silicon chips that can handle internal workloads

Infosys, Intel join hands to accelerate enterprise growth with Gen AI

Indian IT services company Infosys and chip giant Intel on Wednesday announced expansion of their strategic collaboration to assist global enterprises in accelerating their AI journeys. The advanced artificial intelligence (AI) solutions offered as a part of this partnership will aim to help businesses become cost-effective and performance-driven while being responsible by design, according to a joint release. Announcing Infosys Topaz and Intel collaboration to accelerate enterprise growth and efficiency with Generative AI, the release said the expanded partnership will help "democratise" AI by bringing open standards in AI hardware and software stack across edge, core, and cloud computing. Infosys Topaz an AI-first set of services, solutions and platforms that helps enterprises accelerate business value using generative AI technologies - will adopt Intel-based solutions, including Intel Xeon processors, Intel Gaudi accelerators, Intel Core Ultra Processors, software, and other ...

Google brings Arm-based Axion processors to train AI models: Details here

Google Axion processor is already powering core services like Google Earth Engine and YouTube Ads platform and more

Google Cloud Next 2024: New AI-powered features for Google Workspace apps

Google has announced a new AI-powered video-creation app which assists users throughout the video editing and making process

South Korea to invest $7 billion in AI by 2027 to retain edge in chips

South Korea plans to significantly expand research and development in AI chips such as artificial neural processing units (NPUs) and next-generation high-bandwidth memory chips

Motorola Edge 50 Pro goes on sale with introductory offers: Price, specs

Priced at Rs 31,999 onwards, the Motorola Edge 50 Pro is available for purchase at an introductory price - inclusive of all offers - starting at Rs 27,999

Spotify tests AI-generated playlists feature on Android, iOS: Details here

Available in beta for Spotify premium users, the AI-generated playlist feature is currently limited to the UK and Australia

OpenAI transcribed Google's YouTube videos to train AI models: Report

Google prohibits the use of videos posted on YouTube for applications that are independent of the video platform

REAL.E scary

The collaboration has worked wonderfully though the final product is not for the faint hearted as well as those who are not already following the progress of AI

Google testing AI-generated email replies on Gmail app for Android: Report

Google already allows AI-generated suggestions in Gmail to its One AI Premium subscriber. However, the feature is available only in beta version

Now, you can edit DALL-E images in ChatGPT across web, iOS, and Android

Additionally, OpenAI's ChatGPT now shows style inspirations for DALL-E images within the interface

OnePlus joins AI smartphone club, announces AI Eraser image editing feature

Starting in April, the AI Eraser will be rolled out gradually to OnePlus devices, including the OnePlus 12, OnePlus 12R, OnePlus 11, OnePlus Open, and OnePlus Nord CE 4

Xbox AI chatbot: Microsoft testing AI-powered agent to handle support tasks

Microsoft confirmed an internal prototype of an animated character that can answer support related queries with voice or text