Page 5 - Latest Updates on Artificial intelligence
Pocket FM's revenue up 6x to Rs 1,052 crore in FY24, losses reduced
The revenue growth was primarily driven by subscription income from micro-transactions
 "Pocket FM's revenue up 6x to Rs 1,052 crore in FY24, losses reduced")
Dell forecasts downbeat Q4 revenue on weak PC demand, rival competition
Dell forecast fourth-quarter revenue between $24 billion and $25 billion, average analyst estimate is $25.57 billion, according to data compiled by LSEG
 "Dell forecasts downbeat Q4 revenue on weak PC demand, rival competition")
TakeMe2Space set to launch India's first AI laboratory in space
The mission will demonstrate real-time data processing in orbit, making space research more affordable and accessible
 "TakeMe2Space set to launch India's first AI laboratory in space")
Nvidia showcases AI model that can modify voices, generate novel sounds
It joins other technologies shown by startups such as Runway and larger players such as Meta Platforms that can generate audio or video from a text prompt
 "Nvidia showcases AI model that can modify voices, generate novel sounds")
GenAI startups see 3.4x funding surge in September quarter: Nasscom
In Q2 FY24, the total funds raised stood at $15 million across nine rounds, driven primarily by enterprise applications and Agentic AI
 "GenAI startups see 3.4x funding surge in September quarter: Nasscom")
AI analytics firm Pyramid Analytics secures $50 mn from BlackRock
The Amsterdam-incorporated company, which has offices in London, New York City and Tel Aviv, declined to disclose its equity valuation following the investment
 "AI analytics firm Pyramid Analytics secures $50 mn from BlackRock")
Microsoft previews Recall, Click to Do on Qualcomm-powered Copilot Plus PCs
Both these AI features will also be available on Intel and AMD processor-powered PCs eligible for Copilot Plus PC experience
 "Microsoft previews Recall, Click to Do on Qualcomm-powered Copilot Plus PCs")
Greening AI for sustainable computing: A call for tech firms, policymakers
AI is helping reduce energy wastage and improve business process efficiencies. However, its energy use may be neutralising the overall benefits from digitisation
 "Greening AI for sustainable computing: A call for tech firms, policymakers")
Age of AI is here as it is 'most important' for all times: Nvidia CEO Huang
The greatest challenges of our time, unimaginable challenges to overcome in the past, all of a sudden seem possible to tackle, Nvidia CEO added
 "Age of AI is here as it is 'most important' for all times: Nvidia CEO Huang")
Amazon doubles down on AI startup Anthropic with $4 billion investment
The e-commerce company's increased investment in Anthropic underscores the billions of dollars funneled into AI startups over the past year
 "Amazon doubles down on AI startup Anthropic with $4 billion investment")
Nvidia's Blackwell chip remains on track after forecast disappoints: CEO
Nvidia predicted fiscal fourth-quarter sales of about $37.5 billion. Though the average analyst estimate was $37.1 billion, projections ranged as high as $41 billion
 "Nvidia's Blackwell chip remains on track after forecast disappoints: CEO")
AI will play a huge role in financial inclusion, says Nandan Nilekani
He also added that all the building blocks of digitisation in India have been created in a way that promotes financial inclusion
 "AI will play a huge role in financial inclusion, says Nandan Nilekani")
Bengaluru has 57% of AI adaptability in Indian ecosystem: Priyank Kharge
The demography is a natural advantage that India has when it comes to talent
 "Bengaluru has 57% of AI adaptability in Indian ecosystem: Priyank Kharge")
IT Ministry finalising voluntary code of conduct, ethics for AI companies
The code would take into account aspects like how to look at data, the nuances of data being used, and labelling among other aspects
 "IT Ministry finalising voluntary code of conduct, ethics for AI companies")
Nvidia's new Blackwell AI chips face issue with overheating servers
The Blackwell graphics processing units overheat when connected together in the customized server racks the company has designed, the report said, citing sources familiar with the issue
 "Nvidia's new Blackwell AI chips face issue with overheating servers")
Unesco, IT ministry host stakeholder consultation on safety, ethics in AI
The event marks the launch of a series of five consultations under the AI Readiness Assessment Methodology (RAM), an initiative by Unesco and Ministry of Electronics and IT
Lenovo looks to expand as Q2 results beat estimates; eyes AI growth
The Chinese technology company reported revenue of $17.9 billion for the quarter ended Sept 30, exceeding analysts' expectations of $16 billion
 "Lenovo looks to expand as Q2 results beat estimates; eyes AI growth")
Top 5 in-demand skills every professional should master in the year 2025
The AI era is booming and companies are looking for professionals who have these below mentioned skills. Check the top 5 in-demand skills to master in 2025
 "Top 5 in-demand skills every professional should master in the year 2025")
Black Box eyes $2 billion revenue in 4 years on rising AI, data demand
Black Box has increased its focus on modular data centres and prefabricated solutions, which are designed to accelerate project timelines and cater to hyperscale needs
 "Black Box eyes $2 billion revenue in 4 years on rising AI, data demand")
Apple updates Final Cut Pro, Logic Pro on Mac and iPad: Check what's new
Final Cut Pro 11 for Macs introduces AI-powered features for auto-generating captions and isolating subjects from the background without a green screen or manual tracking
 "Apple updates Final Cut Pro, Logic Pro on Mac and iPad: Check what's new")
