Page 7 - Latest Updates on Artificial intelligence
PayPal expects Q4 revenue below estimates as profit push puts growth behind
Efficiency has been a focal point for PayPal as CEO Alex Chriss, who took the helm last year, pushes for cost discipline through job cuts and higher investments in automation and AI
 "PayPal expects Q4 revenue below estimates as profit push puts growth behind")
EvoluteIQ secures $20 million funding to fuel growth and innovation
This funding will support EvoluteIQ's plan to enhance its AI automation platform and expand operations globally
 "EvoluteIQ secures $20 million funding to fuel growth and innovation")
Joe Biden finalises curbs on US investment in Chinese chip, AI tech
The rules, which come after more than a year of deliberation, ban some investments into those industries and require the US government to be notified about others
 "Joe Biden finalises curbs on US investment in Chinese chip, AI tech")
Reddit's high-flying stock run faces AI-training data test in earnings
The stock is up 139 per cent since it began trading in March, the best performance among this year's IPOs to raise at least $310 million
 "Reddit's high-flying stock run faces AI-training data test in earnings")
Global leader: India has capabilities to leverage artificial intelligence
While Nvidia's enthusiasm about India's AI-driven future may be well founded, India should be aware of the dangers of getting locked onto one platform
 "Global leader: India has capabilities to leverage artificial intelligence")
Meta building AI search engine to cut reliance on Google, Bing: Report
Meta's web crawler will provide conversational answers to users about current events on Meta AI, the company's chatbot on WhatsApp, Instagram and Facebook, according to the report
 "Meta building AI search engine to cut reliance on Google, Bing: Report")
Urban demand stress under watch, festivals may boost consumption: FinMin
H1FY25 growth driven by rural demand, agriculture, services, and stable external sector
 "Urban demand stress under watch, festivals may boost consumption: FinMin")
India leans on innovative technologies to manage land and property
Disputes in land acquisition often delay business and infrastructure projects in the country. Technology and digitisation can help in settling disputes and accelerating economic activity
 "India leans on innovative technologies to manage land and property")
Business takes the lead in following artificial intelligence: Survey
Modern organisations achieve higher revenue growth, greater productivity and success in using generative AI
 "Business takes the lead in following artificial intelligence: Survey")
Infra, talent, startups: Why tech leaders are betting on AI's India future
They country that exports software services must now do same in the new technology, they say
 "Infra, talent, startups: Why tech leaders are betting on AI's India future")
Robots could be one of humanity's 'greatest opportunities': Deepu Talla
I knew some of the startups but I did not know that there are so many startups working on robotics, it was like a breath of fresh air, he says
 "Robots could be one of humanity's 'greatest opportunities': Deepu Talla")
AI will open up opportunities for youth in many sectors: President Murmu
"India's success in digital inclusion has surprised the world. Our country has capabilities to present other such examples," she added
 "AI will open up opportunities for youth in many sectors: President Murmu")
Manufacturers adopting AI, robotics to boost sustainable biz practices: PwC
Additionally, 52 per cent of top executives at leading manufacturing companies are allocating investments this year towards building a culture of lifelong learning
 "Manufacturers adopting AI, robotics to boost sustainable biz practices: PwC")
Centre plans AI-driven traffic safety, invites foreign investment in infra
Union Transport Minister Nitin Gadkari announced plans to work with private sector experts on traffic solutions to prevent road accidents, claiming India's road infrastructure will soon surpass the US
 "Centre plans AI-driven traffic safety, invites foreign investment in infra")
Nvidia AI summit: Experts stress need for sovereign AI systems, strategies
Pramod Varma, chief architect of Aadhaar and UPI, echoed the importance of viewing data as an economic asset
 "Nvidia AI summit: Experts stress need for sovereign AI systems, strategies")
Nvidia, Reliance Industries join forces to build AI computing infra
American chip firm also expands ties with Infosys, Wipro, TCS and TechM
 "Nvidia, Reliance Industries join forces to build AI computing infra")
India to see 20 times growth in computing capacity in 2024: Nvidia CEO
Addressing concerns about job displacement, Huang asserted that while AI will not eliminate jobs outright, it will fundamentally change how they are performed
 "India to see 20 times growth in computing capacity in 2024: Nvidia CEO")
India to lead AI age, says Mukesh Ambani as Nvidia launches Hindi model
Ambani highlighted that aside from the US and China, India boasts the best digital connectivity, adding that Jio has become the largest data company globally
 "India to lead AI age, says Mukesh Ambani as Nvidia launches Hindi model")
Nvidia supplier SK Hynix reports record profit, sees demand for AI chips
SK Hynix has outperformed rivals Samsung Electronics and Micron Technology in recent quarters, as it has benefited the most from AI-driven appetite for high-end memory chips following
 "Nvidia supplier SK Hynix reports record profit, sees demand for AI chips")
Nvidia launches Hindi-language AI model in India as CEO Huang visits
Nvidia is rolling out its new small language model, dubbed Nemotron-4-Mini-Hindi-4B, with 4 billion parameters, for firms to use in developing their own AI models, the company said
 "Nvidia launches Hindi-language AI model in India as CEO Huang visits")
