Page 120 - Artificial Intelligence

Adopt AI, don't sit on sidelines: Microsoft's Satya Nadella to CEOs

Microsoft chairman says imperative for India, US to cooperate on AI norms

Nadella pitches for India, US cooperation on AI norms, other regulations

Microsoft chief Satya Nadella on Wednesday pitched for greater cooperation between India and the US on artificial intelligence regulations and other norms. The India-born chairman and chief executive officer of the global tech giant said such a partnership can help in equal distribution of economic growth. AI is a powerful new technology that needs to be "diffused" fast to every corner of the world, Nadella said at an event organised by the company here. "I think it's imperative especially for India and the United States to be able to cooperate, what are the norms, what are the regulations even, instead of fracturing them," Nadella, who is on a two-day visit to the country, said. He was replying to a question on cooperation between the US and India on AI. He also announced that Microsoft will provide 20 lakh people in India with AI skilling opportunities by 2025. Nadella said AI can help boost GDP growth in the country, and called India as one of the highest growth markets.

Nvidia eyes fresh record as Goldman Sachs bullish on AI prospects

The stock rose 3.4% to $683.80 in premarket trading and looked set to add about $55 billion to the company's market capitalization. It was valued at $1.63 trillion as of Friday's close

GST officials detect 14,597 tax evasion cases in Apr-Dec: Govt informs LS

GST officers are using data analytic and artificial intelligence tools like Business Intelligence and Fraud Analytics to identify risky taxpayers suspected of passing or availing fake input tax credits, Parliament was informed on Monday. In a written reply to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said a total of 14,597 cases of Goods and Services Tax (GST) evasion have been registered by central tax officers during April-December 2023. A maximum number of such cases was registered in Maharashtra (2,716), followed by Gujarat (2,589), Haryana (1,123) and West Bengal (1,098). "Various data analytic and artificial intelligence tools such as NETRA (Networking Exploration Tools for Revenue Augmentation), BIFA (Business Intelligence and Fraud Analytics) & ADVAIT (Advanced Analytics in Indirect Taxation) are being used to identify risky taxpayers, suspected of passing or availing fake input tax credit, including in the State of Andhra Pradesh," Chaudhary said. GST .

India can punch above its weight in AI, says Microsoft Asia president

AHMED MAZHARI, president of Microsoft Asia, believes Indian information technology (IT) companies will lead global businesses in adopting AI

Taiwan's Foxconn sees 'slightly better' 2024, warns on AI chip shortage

Foxconn Chairman said Demand for artificial intelligence (AI) servers will "of course" be good, but global economic uncertainty given geopolitical problems will affect consumer product demand

IIT KGP, Ericsson announce cooperation for joint research in AI, tech

IIT Kharagpur and Ericsson have forged a significant partnership aimed at advancing research in artificial intelligence (AI), computer technology, and radio communication, an IIT KGP spokesperson said on Saturday. Through this long-term cooperation, researchers from both institutions will join forces to delve into AI and distributed computer technology, with a focus on laying the groundwork for 6G networks, she added. The collaboration between IIT Kharagpur and Ericsson involves the signing of two agreements, paving the way for joint research endeavours. A recent symposium on radio and network research hosted by the institute provided a platform for leaders from Ericsson Research and IIT Kharagpur to engage in discussions regarding the future of networks and communication. Professor Virendra Kumar Tewari, director of IIT Kharagpur, emphasised the importance of this collaboration in driving technological innovation in India and positioning the country as a leader in the digital real

Meta soars after first-ever dividend plan, 'Year of Efficiency' pays off

The company flagged strong ad sales and a rebound in user growth during its fourth-quarter results on Thursday, while also forecasting current-quarter revenue above analysts' estimates

Microsoft, Google woo India programmers to win AI leadership in the country

Microsoft Chief Executive Officer Satya Nadella will address developers and technologists on "discovering new opportunities with AI" during a visit next week in Bangalore

GPT-4 poses little risk of in creation of bioweapons, says OpenAI

For months, lawmakers and even some tech executives have raised concerns about whether AI can make it easier for bad actors to develop biological weapons

India's challenge: Building sovereign GenAI

It needs more than just ambition; attracting Indian researchers back to the country is just one of the hurdles

Reliance Industries most valuable Indian company: Hurun Global 500 2023

The two companies that saw the highest valuation gain were Microsoft and Nvidia. Both of these are associated with the artificial intelligence software ChatGPT

TikTok owner ByteDance's chief warns against mediocrity as AI disrupts

ByteDance is often seen as the world's leading company on algorithms because its flagship apps such as TikTok, Douyin and Toutiao are powered by commanding recommendation engines

"We took permission," AR Rahman on AI voices of late Bamba, Shahul Hameed

Oscar-winning composer, AR Rahman, clarifies that the team took permission to use AI-generated voices of late singer Bamba Bakya and Shahul Hameed

WATCH: Elon Musk 'goes for a walk' with Tesla's humanoid robot 'Optimus'

'Optimus', the Tesla humanoid robot is being designed as a general-purpose bot, which is capable of performing tasks that are "unsafe, repetitive or boring"

Sarvam aims to shape India's GenAI landscape: Co-founder Raghavan

Focus on efficient models and unique needs of the country mark Sarvam's journey

Crowdsourcing: A sign of digital democracy in action

With crowdsourcing of campaign and relief contributions through micropayments, the digitalisation of Indian democracy has added another dimension

ChatGPT violated European privacy laws, Italy tells chatbot maker OpenAI

Italian regulators said they told OpenAI that its ChatGPT artificial intelligence chatbot has violated European Union's stringent data privacy rules. The country's data protection authority, known as Garante, said on Monday that it notified San Francisco-based OpenAI of breaches of the EU rules, known as General Data Protection Regulation. The watchdog started investigating ChatGPT last year, when it temporarily banned within Italy the chatbot that can produce text, images and sound in response to users' questions. Based on the results of its fact-finding activity," the watchdog said it concluded that the available evidence pointed to the existence of breaches of the provisions in the EU privacy rules. OpenAI has 30 days to reply to the allegations. It didn't respond immediately to a request for comment. The company said last year that it fulfilled a raft of conditions that the Garante demanded to get the ChatGPT ban lifted. The watchdog had imposed the ban after finding that some

Kore.ai, startup building conversational AI, secures $150 mn in funding

The investment was led by FTV Capital and had participation from chip giant Nvidia

Microsoft, Alphabet stocks under pressure to show AI earnings boost

Microsoft Corp. and Alphabet Inc., two of the biggest players in AI-related software, will report after the market close