Page 13 - Latest Updates on Artificial intelligence
Indians make up 20% of TIME 100 AI list, but their impact in India unclear
Most of the country's AI efforts have been funnelled through its "IndiaAI" initiative, managed by Mr Vaishnaw's ministry
 "Indians make up 20% of TIME 100 AI list, but their impact in India unclear")
Seven GenAI startups from India selected for AWS Generative AI Accelerator
The Indian cohort also marks the highest number of startups selected from a country in the Asia-Pacific region for the AWS Global Generative AI Accelerator programme
 "Seven GenAI startups from India selected for AWS Generative AI Accelerator")
Opportunity or big threat? How AI will impact Indian regional languages
He says AI provides a huge opportunity for Indian languages to expand their reach
 "Opportunity or big threat? How AI will impact Indian regional languages")
CCI selects Management Development Institute to conduct market study on AI
In April this year, the Competition Commission of India (CCI) had issued a request for proposal to conduct the market study on Artificial Intelligence (AI) and Competition
 "CCI selects Management Development Institute to conduct market study on AI")
How insurance industry is adopting technology to assist customers
Artificial intelligence, data analytics help companies to improve claims processing, solve complaints
 "How insurance industry is adopting technology to assist customers")
OpenAI presents new series of AI models with 'reasoning' abilities
The models, dubbed o1 and o1-mini, can reason through complex tasks and solve harder problems than previous models in science, coding and math, the AI firm said
 "OpenAI presents new series of AI models with 'reasoning' abilities")
Google introduces AI-driven podcast feature 'Audio Overview' in NotebookLM
NotebookLM, which was launched last year, has been enhanced with this new feature to offer a more interactive experience for users managing their notes and research materials
 "Google introduces AI-driven podcast feature 'Audio Overview' in NotebookLM")
Google's AI model faces EU scrutiny from watchdog over privacy rules
The commission said its inquiry is examining whether Google has assessed whether PaLM2's data processing would likely result in a high risk to the rights and freedoms of individuals in the EU
 "Google's AI model faces EU scrutiny from watchdog over privacy rules")
IBM shares near record level as company shifts focus to software, AI
International Business Machines Corp. is up 26 per cent this year, beating tech giants like Apple Inc., Microsoft Corp., Amazon.com Inc. and Alphabet Inc
 "IBM shares near record level as company shifts focus to software, AI")
Govt, pvt sector should think of mid-term AI consequences: CEA Nageswaran
He said that labour should be treated as a resource and asset since it involves humans with emotions
 "Govt, pvt sector should think of mid-term AI consequences: CEA Nageswaran")
Softbank-backed InMobi raises $100 mn via debt financing agreement
The funds will be used to propel InMobi's artificial intelligence (AI) development and deployment efforts forward and fund potential AI-focused acquisitions
 "Softbank-backed InMobi raises $100 mn via debt financing agreement")
Accel Atoms 4.0 to invest up to $1 mn in startups focused on 'Bharat', AI
Accel Atoms 4.0 builds on the success of three previous editions. It defines Bharat' as the middle-income households spread across Tier 2, Tier 3, and rural India
 "Accel Atoms 4.0 to invest up to $1 mn in startups focused on 'Bharat', AI")
Inside ManageEngine's AI-powered growth strategy towards $1 bn in revenue
Since its first AI rollout in 2014, ManageEngine has gradually integrated various AI-powered features across its offerings, including anomaly detection and predictive forecasting
 "Inside ManageEngine's AI-powered growth strategy towards $1 bn in revenue")
OpenAI plans to release 'Strawberry' for ChatGPT in 2 weeks: Report
Sam Altman-led OpenAI has propelled new interest and triggered heavy investments in AI, as businesses race to capitalize on the lucrative technology to boost their products
Microsoft backed G42 to build India's largest supercomputer with 8 exaflop
G42 India CEO Manu Jain told that the company also unveiled a beta version of Hindi language large language model -- an artificial intelligence engine
 "Microsoft backed G42 to build India's largest supercomputer with 8 exaflop")
TSMC revenue increases by 33% in August as AI chip demand holds up
Taiwan's largest company now makes more than half of its revenue from high-performance computing, the segment of its business driven by AI demand
 "TSMC revenue increases by 33% in August as AI chip demand holds up")
It's a marathon, both sides will benefit: Airtel Africa Foundation chief
Airtel Africa Foundation starts AI fellowship at IIT's first overseas campus
 "It's a marathon, both sides will benefit: Airtel Africa Foundation chief")
HCLTech to show GenAI-based chatbot, other solutions at SEMICON India 2024
The three-day conference will commence on September 11, and will be inaugurated by Prime Minister Narendra Modi
HM Amit Shah urges security agencies to use AI for checking cybercrimes
During the event, Shah launched four platforms of the I4C -- cyber fraud mitigation centre (CFMC), the 'Samanvaya' platform, a cyber commandos programme and a suspect registry
 "HM Amit Shah urges security agencies to use AI for checking cybercrimes")
It's glowtime: AI in spotlight as Apple launches GenAI-backed iPhone16
The new iPhones represent a big moment for generative AI, which can answer questions, create images and write software code
 "It's glowtime: AI in spotlight as Apple launches GenAI-backed iPhone16")
