Page 96 - Artificial Intelligence

AI Chipmaker Nvidia's market value at $2.8 trn, surges closer to Apple

Its stock surged as much as 8 per cent to $1,149.39 during the session, an intra-day record high. Apple's stock was down 0.2 per cent in afternoon trading

Ex-OpenAI Director Helen Toner says board learned of ChatGPT launch on X

The company's launch of ChatGPT was relatively quiet: OpenAI simply called the chatbot an artificial intelligence model that interacts in a conversational way

AI, cloud, and super app: Adani group looks to bet big on technology

At present, the Adani Group operates across multiple sectors such as energy and utilities, transportation, and logistics, among others

OpenAI sets up safety committee led by CEO as it starts training new model

The committee will be responsible for making recommendations to the board on safety and security decisions for OpenAI's projects and operations

BharatCompute for AI ascendancy

India needs a strategy that goes beyond setting up graphical processing units and focuses on leveraging its abundant talent

HCLTech collaborates with Arm to develop custom silicon chips for AI

The partnership will bring to market solutions that enable semiconductor manufacturers, system original equipment manufacturers (OEMs)

What is Google's AI Overviews, and why is it getting things wrong?

Google's AI Overview's blunders have cast a shadow over the company's reputation, from suggesting glue as a pizza ingredient to recommending the consumption of rocks for nutrients

Total recall: Microsoft feature for computers sparks privacy debate

Recall on Copilot Plus computers will memorise and save everything that's on a PC user's screen

CCI extends deadline of bidding for AI impact research to June 28

Fair trade regulator CCI has issued clarifications on the bidding for conducting the study on artificial intelligence and its impact on competition, and has extended the deadline for submission of bids till June 18. Earlier, the deadline for the bids was June 3. In a set of clarifications, the Competition Commission of India (CCI) said bids cannot be submitted through a consortium or a joint venture. Among other eligibility requirements, the minimum annual turnover of Rs 50 crore has been retained for the bidders. "The Request For Proposal (RFP) does not provide for submission of bids through a consortium or joint venture. Turnover of the group companies may, however, be included only to meet the eligibility criterion of Rs 50 crore," the regulator said in a communication dated May 24. The last date for submission of bids is June 18 and the financial bids will be opened on July 11. The study will cover various aspects, including the ways AI-driven personalised recommendations, ...

Elon Musk plans xAI supercomputer to power next version of chatbot Grok

Musk said he wants to get the proposed supercomputer running by the fall of 2025, as per the report, adding that xAI could partner with Oracle to develop the massive computer

Elon Musk predicts AI to eradicate all jobs, says it may not be a bad thing

The Tesla CEO suggested that in the future, individuals could take up jobs as a hobby, as AI robots will provide most goods and services

Nvidia forecasts quarterly revenue above estimates, unveils stock split

First-quarter revenue surged 262% year-over-year to $26.04 billion, beating estimates of $24.65 billion. Net income soared 628% to $14.88 billion

Indian sports industry get artificial intelligence boost from IIT Madras

Almost all sports in India are taking baby strides in AI, including cricket, chess, boxing, badminton, tennis, and wrestling

China launches AI model based on Xi Jinping's philosophy to counter ChatGPT

The move to embed Xi Jinping's philosophy in AI comes as China tries to balance strict free speech controls with advancing AI development like OpenAI's ChatGPT

'AI is a tool, do not treat it like humans': Microsoft CEO Satya Nadella

Microsoft chief executive officer (CEO) Satya Nadella said 'artificial intelligence' should rather be called 'different intelligence'

Dell teams up with governments worldwide to tackle issues of AI ethics

Dell Technologies is actively collaborating with governments to establish appropriate policies and procedures, ensuring alignment with ethical standards within its probability models

RIL's new venture Tira bets on AI tools to push into Indian beauty market

The local beauty segment is expected to grow at 10% between 2022 and 2027, according to a September report by RedSeer Strategy Consultants and PeakXV, beating China's 7% and the US' 5%

Artificial intelligence black boxes just got a little less mysterious

Anthropic claims to have found clues about the inner workings of large language models

Prodapt Solutions aims to clock $1 bn revenue in 5-6 yrs: CEO Harsha Kumar

Witnessing a 25 per cent year-on-year growth rate, Prodapt Solutions India Pvt Ltd has targeted to garner revenues of USD 1 billion over the next five-six years, a top official said on Wednesday. The company, an information technology service and consulting provider, was also looking at increasing the employee base to over 10,000 in the next few years, Chief Executive Officer Harsha Kumar said here. With a majority of revenues contributed from North America, Canada, Latin American countries, and Europe, Kumar said Prodapt was also looking at entering new markets like Japan and Middle Eastern countries. Prodapt currently has an employee base of 6,000 globally of which 4,500 are based out of India. "The target revenue of USD 1 billion is in about 5-6 years. Significant investments are going on for business development, (entering) newer markets," Kumar told reporters. Declining to reveal any figures, Kumar said the company has been recording a growth of CAGR 25 per cent year on year.

Financial support for GPU infra will increase AI adoption, say analysts

While the industry welcomed the announcement, it also highlighted some other areas that need government intervention, including skilling initiatives and regulatory support