Page 97 - Artifical Intelligence

SenseAI Ventures rolls out Rs 200 crore fund to back AI startups

SenseAI Fund I is poised to invest in 18-20 AI-first startups, focusing on seed and Pre-A stage companies

GenAI, quantum, semiconductors among top technologies for 2024: Capgemini

In 2023, generative AI (GenAI) took centre stage in the global public and business conversation, and raised expectations that technology could catalyse progress in business and society

Larry Page, Elon Musk on opposite sides in debate over risks of AI

Last month, that infighting came to OpenAI's boardroom. Rebel board members tried to force out Altman because, they believed, they could no longer trust him to build AI that would benefit humanity

Samsung to launch AI-powered Galaxy Book 4 notebooks this month: Report

The Galaxy Book 4 series is expected to feature Intel's upcoming Meteor Lake processors to run Samsung's own AI-model

Google delays the launch of Gemini AI foundation model to January: Report

With Gemini's multimodal capabilities, Google aims to challenge ChatGPT's dominance in the generative AI space

Thousands of fake Facebook accounts created to polarise US election: Meta

Someone in China created thousands of fake social media accounts designed to appear to be from Americans and used them to spread polarizing political content in an apparent effort to divide the US ahead of next year's elections, Meta said Thursday. The network of nearly 4,800 fake accounts was attempting to build an audience when it was identified and eliminated by the tech company, which owns Facebook and Instagram. The accounts sported fake photos, names and locations as a way to appear like everyday American Facebook users weighing in on political issues. Instead of spreading fake content as other networks have done, the accounts were used to reshare posts from X, the platform formerly known as Twitter, that were created by politicians, news outlets and others. The interconnected accounts pulled content from both liberal and conservative sources, an indication that its goal was not to support one side or the other but to exaggerate partisan divisions and further inflame ...

Indian IT industry to be worth $350 bn by 2030: Kris Gopalakrishnan

'High-growth industry' will continue performance despite global slowdown, says co-founder of Infosys

GenAI can transform industries, only if applied responsibly: Rishad Premji

Premji also pointed out that human capital is the most important driver of social economic development and there is a need to continue to invest in world-class infrastructure

AI threatens wages, not jobs so far, European Central Bank paper finds

Employment share of sectors exposed to AI has increased, with low and medium-skill jobs largely unaffected

Fakes that are deep trouble: The fightback against misinformation menace

Powered by artificial intelligence, deepfake videos, images and audio are being used to harass and create mischief

AI firm BRAIIN Holdings forays into India, plans to invest $100 million

Through several synergistic acquisitions, the company's market capitalization increased from $215 million to $572 million over the past six months

AI's fuel: Why the world is teaming up for datasets

Data fed into an AI algorithm determines its efficiency. The right dataset prevents inbuilt biases and errors. Studies estimate the market for training datasets is worth over $8 bn

Generative AI, data analytics driving online retail momentum, say experts

Technologies like Generative AI, machine learning and big data analytics are transforming the e-commerce and retail landscape in India, improving and personalising consumer experiences, according to industry leaders who also believe that social commerce momentum is here to stay. Industry's top leaders, including Tata CLiQ CEO Gopal Asthana, Snapdeal CEO Himanshu Chakrawarti, Zivame COO Lavanya Pachisia, and DHL Supply Chain India MD Vikas Anand, were speaking in a panel discussion at the 'DATE with Tech' event here. The panel discussion on 'Navigating Online Offline Retail Convergence: Strategies for Success' deliberated on various aspects like market opportunity, the outlook for 2024, omnichannel retail strategies and the role of new and emerging technologies in driving consumers' shopping experiences. Panelists were of the view that the increasing popularity of social media platforms, particularly among younger shoppers, is set to drive social commerce going forward. "Social ...

Need Sebi-like regulatory model for artificial intelligence: Sanjiv Sanyal

India will evolve norms for regulating artificial intelligence, and the AI regulator could function as regulator Sebi, Prime Minister's Economic Advisory Council (PMEAC) member Sanjiv Sanyal said on Thursday. Stating that the model of self-regulation and bureaucratic regulation is unlikely to work in the artificial intelligence space, Sanyal suggested that India could think of having a regulator, which understands the technology and pays attention to how it is evolving. "You need to create the equivalent (like Sebi) for the AI system. You need a regulator who understands the technology and, instead of wasting time predicting where it will go, pays attention to how it is evolving," Sanyal said at the 'DATE with Tech' event here. For regulating the AI, a system has to be put in place, you need manual overrides just like circuit breakers in the financial market, he added. "You need skin in the game and ex-ante accountability. Just like you have boards in the company, who are accountab

Best of BS Opinion: Truce without reconciliation, AI battleground & more

Here is the best of Business Standard's opinion pieces for today

AI battleground

Boardrooms and regulators will have to make adjustments

The issue with Sam Altman's return to OpenAI

A dysfunctional company under a super-CEO is going to lead us into an exciting and frightening new world

69% Indian organisations say GenAI will help in sustainability goals: Study

36% believe costs for sustainability initiatives outweigh the benefits, says Capgemini Research Institute survey

AI-chatbot Grok rolling out for XPremium+ subscribers from next week: Musk

Grok uses data from X (formerly Twitter) to remain better informed than alternatives, said xAI

New regulation to tackle deepfakes soon: Vaishnaw meets social media cos

Terming deepfakes as a new threat to democracy, IT Minister Ashwini Vaishnaw on Thursday said that the government will come up with new regulations soon to tackle deepfakes. The minister, who met social media platforms on the deepfake issue on Thursday, said that companies have agreed on the need for clear actionable work in areas such as detection, prevention, strengthening of reporting mechanism, and raising user awareness. "We will start drafting regulation today itself, and within a short time we will have a new set of regulations for deepfakes ... this could be in the form of amending existing framework or bringing new rules, or new law," Vaishnaw told reporters. Deepfakes have emerged as a new threat to democracy, the minister said. "We will have our next meeting in the first week of December...that will be on follow-up action on today's decisions, and also on what should be included in the draft regulation," Vaishnaw said. Deepfakes refer to synthetic or doctored media that