Page 114 - Artificial Intelligence

CCI selects Management Development Institute to conduct market study on AI

Fair trade watchdog CCI has selected the Management Development Institute Society (MDIS) to conduct a market study on artificial intelligence and competition that will examine various aspects, including potential competition issues in the AI ecosystems. In April this year, the Competition Commission of India (CCI) had issued a request for proposal to conduct the market study on Artificial Intelligence (AI) and Competition. The Gurugram-based MDIS has been engaged to conduct the study that will seek to understand certain key AI ecosystems, including stakeholders, resources, value chains, market structures and parameters of competition, CCI said in a release on Friday. It will also examine the emerging and potential competition issues in these markets/ecosystems as well as look at the scope and nature of AI applications/use cases, and assess associated opportunities, risks and ramifications from a competition standpoint. Among other aspects, the study will focus on the existing and .

How insurance industry is adopting technology to assist customers

Artificial intelligence, data analytics help companies to improve claims processing, solve complaints

OpenAI presents new series of AI models with 'reasoning' abilities

The models, dubbed o1 and o1-mini, can reason through complex tasks and solve harder problems than previous models in science, coding and math, the AI firm said

Google introduces AI-driven podcast feature 'Audio Overview' in NotebookLM

NotebookLM, which was launched last year, has been enhanced with this new feature to offer a more interactive experience for users managing their notes and research materials

Google's AI model faces EU scrutiny from watchdog over privacy rules

European Union regulators said Thursday they're looking into one of Google's artificial intelligence models over concerns about its compliance with the bloc's strict data privacy rules. Ireland's Data Protection Commission said it has opened an inquiry into Google's Pathways Language Model 2, also known as PaLM2. It's part of wider efforts, including by other national watchdogs across the 27-nation bloc, to scrutinize how AI systems handle personal data. Google's European headquarters are based in Dublin, so the Irish watchdog acts as the company's lead regulator for the bloc's privacy rulebook, known as the General Data Protection Regulation, or GDPR. The commission said its inquiry is examining whether Google has assessed whether PaLM2's data processing would likely result in a high risk to the rights and freedoms of individuals" in the EU. Large language models like PaLM2 are vast troves of data that act as building blocks for artificial intelligence systems. Google uses PaLM2 t

Govt, pvt sector should think of mid-term AI consequences: CEA Nageswaran

He said that labour should be treated as a resource and asset since it involves humans with emotions

IBM shares near record level as company shifts focus to software, AI

International Business Machines Corp. is up 26 per cent this year, beating tech giants like Apple Inc., Microsoft Corp., Amazon.com Inc. and Alphabet Inc

Softbank-backed InMobi raises $100 mn via debt financing agreement

The funds will be used to propel InMobi's artificial intelligence (AI) development and deployment efforts forward and fund potential AI-focused acquisitions

Accel Atoms 4.0 to invest up to $1 mn in startups focused on 'Bharat', AI

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 .

Inside ManageEngine's AI-powered growth strategy towards $1 bn in revenue

Since its first AI rollout in 2014, ManageEngine has gradually integrated various AI-powered features across its offerings, including anomaly detection and predictive forecasting

OpenAI plans to release 'Strawberry' for ChatGPT in 2 weeks: Report

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 backed G42 to build India's largest supercomputer with 8 exaflop

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

TSMC revenue increases by 33% in August as AI chip demand holds up

Taiwan's largest company now makes more than half of its revenue from high-performance computing, the segment of its business driven by AI demand

HM Amit Shah urges security agencies to use AI for checking cybercrimes

Union Home Minister Amit Shah Tuesday urged cybersecurity agencies to use Artificial Intelligence (AI) to identify the modus operandi of criminals duping people of their hard-earned money, spreading fake news and abusing women and children online. India hosts around 46 per cent or almost half of global digital transactions, making the job of these agencies "challenging", he said while delivering a keynote speech during the first foundation day celebrations of the I4C or Indian Cyber Crime Coordination Centre here. The I4C, established in 2018, is a department under the Ministry of Home Affairs (MHA). It is tasked with establishing a national-level coordination centre to address all cybercrime-related issues in the country. During the event, Shah launched four platforms of the I4C -- cyber fraud mitigation centre (CFMC), the 'Samanvaya' platform, a cyber commandos programme and a suspect registry. "I would urge you to use Artificial Intelligence to identify the MO (modus operandi) .

It's a marathon, both sides will benefit: Airtel Africa Foundation chief

Airtel Africa Foundation starts AI fellowship at IIT's first overseas campus

HCLTech to show GenAI-based chatbot, other solutions at SEMICON India 2024

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

It's glowtime: AI in spotlight as Apple launches GenAI-backed iPhone16

The new iPhones represent a big moment for generative AI, which can answer questions, create images and write software code

How ubiquitous iPhone 16 is different from Apple's recent releases

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 ...

Audible to begin generating AI voice replicas of select audiobook narrators

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"

Apple's upcoming iPhone to break grounds with shift into age of AI

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 $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 revolution