Page 2 - Latest Updates on Artificial intelligence
GenAI as a service generates $5-10 mn revenue per project globally: study
Indian technology services providers had even lower revenue generation from GenAI at $1.5-2.2 mn
 "GenAI as a service generates $5-10 mn revenue per project globally: study")
Use technology to drive progress, guard against misuse: Jeet Adani
Speaking at IIT Bombay's Techfest 2024, Adani, the 27-year old younger son of infrastructure magnate Gautam Adani, said the future of technology is both scary and exciting
 "Use technology to drive progress, guard against misuse: Jeet Adani")
Data breach, regulatory uncertainty hurdles in AI implementation: Deloitte
Insufficient understanding of the technology among challenges for Indian companies, it says
 "Data breach, regulatory uncertainty hurdles in AI implementation: Deloitte")
Developing LLM to cut approval times further: Sebi member Narayan
LLMs are advanced AI systems designed to understand and generate human language. They use deep learning techniques and are trained on massive amounts of text data
 "Developing LLM to cut approval times further: Sebi member Narayan")
Google, Tamil Nadu govt hold forum to discuss AI innovation in state
Company and state government in August signed agreement for technology advancement
 "Google, Tamil Nadu govt hold forum to discuss AI innovation in state")
Meity invites proposals for developing trusted AI ecosystem, tools
Meity, in the proposal, also seeks the creation of risk management tools and frameworks to enhance the safe deployment of AI in public services, stress-testing tools to evaluate how AI models perform
 "Meity invites proposals for developing trusted AI ecosystem, tools")
SoftBank CEO announces $100 bn US investment in meeting with Trump
Son will also promise in a joint announcement with Trump to create 100,000 jobs focused on artificial intelligence (AI) and related infrastructure
 "SoftBank CEO announces $100 bn US investment in meeting with Trump")
Exotel accelerates AI-led innovations to redefine customer experience
Exotel's expansion into high-growth markets like Saudi Arabia, UAE, and the USA is driving new revenue streams and the company said it is poised for strong growth in FY25
Who was Suchir Balaji, OpenAI whistleblower found dead in San Francisco?
Weeks before his death, Suchir Balaji, a graduate from the University of California, made serious allegations against his former employer, OpenAI
 "Who was Suchir Balaji, OpenAI whistleblower found dead in San Francisco?")
Digital upskilling of ASHAs vital for transforming rural healthcare: Expert
DIISHA is aimed at employing artificial intelligence-based tools, developed by Elsevier, for empowering ASHAs
 "Digital upskilling of ASHAs vital for transforming rural healthcare: Expert")
89% of GenZ feel AI training can fetch better salaries, shows data
Another major takeaway from Unstop's report is the growing disparity between academic preparation and corporate expectations
 "89% of GenZ feel AI training can fetch better salaries, shows data")
Broadcom stock soars as company touts mega artificial intelligence demand
Big Tech's push to diversify beyond Nvidia's pricey and supply-constrained AI processors has been a windfall for Broadcom, which makes custom chips for major cloud companies
 "Broadcom stock soars as company touts mega artificial intelligence demand")
Work on to assess AI, job loss from GenAI not intense in India: IT secy
He said under the IndiaAI mission, the government has tried to make a subtle distinction between responsible AI as defined by the West -- which is not expected to be regulated by the government -- and
 "Work on to assess AI, job loss from GenAI not intense in India: IT secy")
Working to assess safety of AI; job loss not intense in India: IT Secy
There is a need for regulation around harms from AI, misrepresentation and deepfakes in the AI domain and there are enough laws in the country to act on misrepresentation
 "Working to assess safety of AI; job loss not intense in India: IT Secy")
ChatGPT outage reignites debate on risks of large AI system failures
The outage also raised broader concerns about the dependency on a few large tech companies controlling critical platforms
 "ChatGPT outage reignites debate on risks of large AI system failures")
AI from India, for India and the World: Shaping future with emerging tech
India poised to lead AI era with skilling focus, policy support, and ethics
Tech Mahindra, ServiceNow collaborate to offer Gen AI management solutions
Tech Mahindra on Thursday said it has collaborated with American software firm ServiceNow to launch the One E2E Platform, a GenAI-powered enterprise service management solution.
 "Tech Mahindra, ServiceNow collaborate to offer Gen AI management solutions")
When AI goes shopping: AI agents promise to lighten your purchasing load
The next evolution in artificial intelligence is AI agents that are capable of autonomous reasoning and multistep problem-solving
 "When AI goes shopping: AI agents promise to lighten your purchasing load")
Latest iPhones get the gift of more AI as holiday shopping season heats up
The latest round of AI tricks includes Genmojis, Apple's description for emojis that iPhone users will be able to ask the technology to create and then share
 "Latest iPhones get the gift of more AI as holiday shopping season heats up")
US Supreme Court tosses case involving securities fraud suit against Nvidia
At issue was whether the plaintiffs cleared the heightened legal bar for bringing private securities fraud suits set under a 1995 federal law called the Private Securities Litigation Reform Act that
 "US Supreme Court tosses case involving securities fraud suit against Nvidia")
