Page 109 - Artificial Intelligence

How GenAI helps e-commerce firms handle high festive season demand

E-commerce companies lean on the technology to serve customers and sellers in festival season shopping rush

New document shows OpenAI's transformation from nonprofit to $157 bn giant

Back in 2016, a scientific research organisation incorporated in Delaware and based in Mountain View, California, applied to be recognized as a tax-exempt charitable organization by the Internal Revenue Services. Called OpenAI, the nonprofit told the IRS its goal was to advance digital intelligence in the way that is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return. Its assets included a USD 10 million loan from one of its four founding directors and now CEO, Sam Altman. The application, which non-profits are required to disclose and which OpenAI provided to The Associated Press, offers a view back in time to the origins of the artificial intelligence giant that has since grown to include a for-profit subsidiary recently valued at USD 157 billion by investors. It's one measure of the vast distance OpenAI and the technology that it researches and develops has traveled in under a decade. In the application, OpenAI indicated it did no

Intel Core Ultra 200S series processors bring on-device AI to desktop PCs

Apart from a dedicated neural processing unit (NPU), the Intel Arrow Lake-S processors for desktops also offer significant reductions in power usage

AMD plans to start mass production of next AI chip later this year

AMD's Su also said at the event that the company does not currently have plans to use contract chip manufacturers beyond Taiwan's TSMC for advanced manufacturing processes

India, US collaborate on 'safe, secure, trustworthy' AI, says Seth Center

Among other areas of cooperation, India and the US's focus has also been on critical and emerging technologies that include artificial intelligence and quantum technologies

Delhi CEO captures 'peak Bengaluru moment' in hotel; netizens divided

Ananya Narang discovered instead a virtual receptionist managing all guest services remotely, which she described as her own 'peak Bengaluru moment'

Zoom expands AI features, introduces custom avatars and upgraded companion

Zoom has announced the next generation of Zoom AI Companion, the company's AI personal assistant, along with a custom add-on for AI Companion at an additional cost per month

'Reasoning' AI will depend on cheaper computing, says Nvidia CEO Huang

Nvidia will set the stage for these advances by boosting its chip performance every year by two to three times, at the same level of cost and energy consumption, Huang said

Google DeepMind's chemistry Nobel showcases AI's medical potential

The prize was also the second this week to involve artificial intelligence, highlighting the technology's growing significance in scientific research

Nobel sparks debate as AI pioneers honoured for neural nets, not physics

Honoured for neural nets, Hopfield and Hinton's Nobel raises questions on awarding contributions outside traditional physics

Infosys expands partnership with Microsoft to boost Cloud, GenAI adoption

IT giant Infosys on Wednesday announced expansion of its partnership with Microsoft to help drive global customer adoption of generative AI and Microsoft's cloud platform Azure. Additionally, Infosys will also act as a strategic supplier to support cloud and AI workloads for Microsoft's enterprise customers. It will infuse Microsoft's generative AI suite of offerings across its Solution IP portfolio to bring unique capabilities to market, helping clients achieve cost-efficiency, scalability, and agility, according to a regulatory filing. "Our expanded collaboration with Infosys will transform industries, enhance business operations, elevate employee experiences, and deliver new value for customers. Together, we will harness the power of generative AI to deliver innovative solutions, drive AI adoption and enable unprecedented innovation for customers," Nicole Dezen, Chief Partner Officer at Microsoft, said. The collaboration aims to provide innovative solutions that enhance customer

'Buyers opting for lighter, more affordable pieces amid rising gold prices'

Despite the increase in gold prices, the enduring appeal of gold during festive seasons and weddings remains strong

OpenAI strikes deal with Hearst to bring more news content to ChatGPT

As part of the agreement, which was announced on Tuesday, Hearst will license content from Esquire, Cosmopolitan, Elle and more than 40 newspapers for use across OpenAI's products

Gujarat based Jubilant Ingrevia joins WEF's Global Lighthouse Network

A Gujarat facility of Jubilant Ingrevia on Tuesday became the latest Indian firm to join the World Economic Forum's Global Lighthouse Network, a cohort of industry leaders transforming manufacturing with AI innovation. India-based units of ReNew, Cipla, Ceat, Dr Reddy's, Mondelez International, Unilever, ACG, Schneider Electric and Tata Steel are already on the list. Announcing the names of 22 innovative manufacturers who have joined its Global Lighthouse Network, the WEF said this community now comprises 172 leading production facilities and value chains that harness digital technologies at scale to drive next-generation operational excellence, environmental sustainability and workforce development. About Jubilant Ingrevia Limited (Bharuch, India), it said the company deployed 4IR (Fourth Industrial Revolution) technologies in global brownfield speciality chemical manufacturing and reskilling over 2,000 employees. Through more than 30 integrated use cases leveraging artificial and

CISCE to introduce robotics, AI in curriculum for class 11, 12 from 2025-26

Along with the new subjects, the council will introduce a 'holistic progress card' to evaluate students' growth in both academic and non-academic areas

Andrew Ng's AI fund makes first India investment with healthcare firm Jivi

Jivi, based out of the northern Indian city of Gurugram, uses AI to suggest potential diagnoses and treatments, generate health reports and perform administrative tasks, the fund said

Bringing the momentum back to country: Cognizant CEO Ravi Kumar S

Momentum back; wish next CEO from within Cognizant: Ravi Kumar S

Data centres in India pivot to strategic artificial intelligence focus

The Ministry of Electronics and Information Technology has also signed an agreement with Nvidia for 10,000 GPUs, which will be allocated to startups

JSW Ventures picks up stake worth $1.8 mn in drone tech firm Aereo

JSW Ventures, an arm of diversified conglomerate JSW Group, on Monday said it has picked up a stake in drone technology entity Aereo for USD 1.8 million. Aereo uses drone technology and AI-driven data analytics to help clients in asset management in sectors including mining and infrastructure, a statement by JSW Ventures said. The company raised the funds as part of Series B funding round. Aereo, which is delivering operating profits, will be utilising the funds for strengthening its offerings and also expanding into international markets, it said. The company has helped the government map over 45,000 villages over the last three years and cover more than 50,000 square kilometer for the Digital India Land Record Modernization Program (DILRMP), the statement said. Aereo Co-founder and chief executive Vipul Singh said JSW's trust and support is a strong testament to its approach, and its mission to transform asset management through drone technology. JSW Ventures' managing partner .

Policy support important as India largely an out-of-pocket market: Panchal

AstraZeneca Pharma India Managing Director and Country President, Sanjeev Panchal, talks to Shine Jacob about the company's future plans in an interview