Page 97 - Artifical Intelligence

AI can be as evil as man makes it to be: Keniley-Kumar law firm partner

As an entertainment attorney, he focuses primarily on emerging technologies in the music and entertainment industry

India's largest media firms are building, and using AI tools with gusto

'Script GPT has been built by us using OpenAI and 1.3 mn variables, which include character archetypes, plot twists, etc'

Google, Nvidia back startup that helps navigate AI chip shortage

Big-name backers are betting on young firms like CentML to find innovative ways around those constraints

KPMG India, Vianai Systems sign pact for AI-based conversational finance

KPMG in India on Wednesday said it has formed an alliance with human-centred AI platform and products firm Vianai Systems for AI-based conversational finance to help finance professionals. The joint offering will leverage Vianai's hila Enterprise fine-tuning and optimisation capabilities with enterprise systems of record, according to a statement. Targeting finance professionals, conversational finance will allow finance users to ask any question against their systems of record, internal documents, public data, and other data in natural language, with a view to get immediate responses by way of text, dashboards, charts and more, it added. At present, the adoption of AI and the use of Large Language Models (LLMs) in enterprises has largely been a non-starter for business users that require an extremely high degree of accuracy and reliability, in particular those in finance roles. Issues of LLM hallucinations and inaccuracies are too risky for business-critical functions, such as ...

AI exploitation by cyber criminals escalates online security risks

Advanced AI tools are being weaponised by hackers, elevating threats to businesses and individuals

Apple working on gen-AI integration, iMac, and next-gen iPads: Report

Apple would unveil the 24-inch iMac later this month, followed by new iPad models in March next year, according to Bloomberg's Mark Gurman

Wadhwani AI receives $3.3 million in grant funding from Google.org

At present, Wadhwani AI advises farmers on pest management for cotton crops and aims to now also protect India's staple food crops

Google Cloud inks pact with Axis My India to build 'A' super app

'A' app, the platform will leverage Google Cloud's GenAI capabilities to provide a host of services to users in multiple languages

Sign of the times: QR code turns better with AI

AI corrects errors and personalises codes in the ubiquitous signs used by billions of people. It creates dynamic images that change at frequent intervals to prevent misuse

OpenAI plans major updates to lure developers with lower costs: Reports

These releases are designed to attract more developers to pay to access OpenAI's model to build their own AI software for a variety of uses, such as writing assistants or customer service bots.

AI, online gaming can add up to $300 bn to GDP by 2026-27: IT minister

Artificial Intelligence and online gaming segments can add up to USD 300 billion dollars to India's gross domestic product (GDP) by 2026-27, Union Minister Rajeev Chandrasekhar said here on Thursday. The Minister of State for Information and Technology said the government will host a global summit titled 'India AI -2023' on December 10 this year in a major push to artificial intelligence. "We see emerging technologies like AI (artificial intelligence) as being kinetic enablers of the digital economy, considering that the AI segment and online gaming segments can add almost USD 200-300 billion to the digital economy component of the GDP," Chandrasekhar said. "Our target is USD 1 trillion in the digital economy, part of the USD 5 trillion dollar GDP by 2026-27, which would be 20 per cent of the GDP. We think that AI will be a very significant component of that, which is why Prime Minister Narendra Modi has launched the 'India AI' programme," he told reporters on the sidelines of a ...

Adobe unveils three AI-based Firefly models and new Creative Cloud features

Among the new utilities that the new Firefly models bring is the ability to generate Vector graphics using text prompts in Illustrator

Urban Money aims to facilitate Rs 30,000 cr home loan disbursement in FY24

Urban Money, fintech arm of Square Yards, on Monday said it expects to facilitate home loan disbursement of Rs 30,000 crore during the current financial year. Urban Money, currently operating from 250 cities, facilitated the disbursal of about Rs 15,370 crore in the last fiscal year through various channels, including banks, housing finance companies, and non-banking financial companies (NBFCs). Facilitating a home loan mortgage transaction involves navigating complex valuation decisions, extensive documentation, and stringent regulations, besides having deep expertise in the real estate value chain, the company said in a statement. "We identified this fundamental gap in 2019 and cracked this space in last four years emerging as the largest mortgage marketplace in the country," Square Yards founder CEO Tanuj Shori said. Urban Money offers a streamlined home loan experience through its tech platform, digitizing the entire mortgage process, including AI-based credit assessments and .

The AI dilemma: Is there a right balance between regulation and innovation?

The key to harnessing AI's potential for economic growth lies striking the right balance that ensures that AI continues to drive economic progress while safeguarding against potential risks

Google working on Memory feature in Bard for contextual responses: Report

Soon, Google's AI-chatbot Bard would be able to remember user preferences and it would use them to generate contextual responses

AI far from translating emotions effectively; it is still a threat: Expert

As the advancement of Artificial Intelligence (AI) has given rise to new possibilities in the world of literature, experts and translators feel that there is still time before such tools learn to translate human emotions. Looking at the increasing presence of AI in all spheres of life, while some translators believe that such technologies could give birth to new opportunities in translation, others are of the opinion that it could also lead to a crisis-like situation. Speaking to Bhasha on the occasion of International Translation Day on Saturday, Kolkata-based translator and writer V Ramaswami, said that at present, the vocabulary of the machine is very limited, necessitating a human translator to correct it later. "The vocabulary of the machine is very limited. Yes, one can use Google Translate and then fix and edit it. I am sure this is also being done. But I think it's much quicker to translate it yourself than to correct a mistranslation again. Hence, the need for a human ...

Danish alliance's copyright notice could change the way AI is designed

Lawsuits prompt calls for transparency and compensation in the world of generative AI

Genpact integrates GenAI in financial crime analysis to save time and costs

Genpact said it was the first company to provide a financial crime GenAI solution on Amazon Bedrock

Meta announces Quest 3 mixed-reality headset, AI chatbot at Connect 2023

Meta said Quest 3 headset would allow users to view their surroundings while seamlessly interacting with virtual objects in their physical space

Mind your language: How transcription tools can help you at work

Apps and services are now more accurate and error free thanks to artificial intelligence technologies