Page 9 - Latest Updates on Artificial intelligence
Bhavish Aggarwal-founded Krutrim AI's business head Ravi Jain resigns
Jain exited the company after putting in around three years, marking another high-profile exit from the Bengaluru-headquartered group this year
 "Bhavish Aggarwal-founded Krutrim AI's business head Ravi Jain resigns")
A general framework for Cloud-driven AI needed, says Jio executive
Jio aims to provide subscription-based AI services to small businesses across sectors
 "A general framework for Cloud-driven AI needed, says Jio executive")
AI-led firms report higher growth, outpace peers in revenue, productivity
The findings are based on a survey of 2,000 executives across 12 countries and 15 industries, including insights from 200 senior executives based in India
 "AI-led firms report higher growth, outpace peers in revenue, productivity")
Govt announces 3 AI CoEs for healthcare, agriculture, sustainable cities
The CoE in healthcare will be led by IIT Delhi and AIIMS, while the CoE in agriculture will be led by IIT Ropar. The sustainable cities CoE will be led by IIT Kanpur
 "Govt announces 3 AI CoEs for healthcare, agriculture, sustainable cities")
Artificial intelligence to light the path at India Mobile Congress
PM to highlight transformative technology in inaugural address on Tuesday; 15 ministries to showcase AI integration
 "Artificial intelligence to light the path at India Mobile Congress")
Over-reliance on AI poses financial stability risks: RBI Governor Das
Feasibility of expanding RTGS to settle transactions in USD, Euro, GBP can be explored
 "Over-reliance on AI poses financial stability risks: RBI Governor Das")
Skill ministry, Meta partner to launch AI assistant for Skill India Mission
Under the partnership, an innovative AI-powered chatbot powered by Meta's open-source Llama model will be developed to enhance the learner experience on the Skill India Digital (SID) Portal
 "Skill ministry, Meta partner to launch AI assistant for Skill India Mission")
AI enables unmatched agility; deployment be guided by regulations: Scindia
Speaking at the occasion, International Telecommunication Union (ITU) Secretary-General, Doreen Bogdan-Martin noted that the rise of AI is partly why standards are in the spotlight
 "AI enables unmatched agility; deployment be guided by regulations: Scindia")
We should be cautious about how GenAI is used: PhonePe CTO Rahul Chari
The company's worry continues to be the regulatory market cap in the Unified Payments Interface (UPI) payments ecosystem. Market cap is not the right solution, said Rahul Chari
 "We should be cautious about how GenAI is used: PhonePe CTO Rahul Chari")
GenAI: Indian companies see productivity boost as key benefit of technology
As many as 56 per cent of them are establishing governance frameworks for the use of GenAI tools and apps
 "GenAI: Indian companies see productivity boost as key benefit of technology")
How GenAI helps e-commerce firms handle high festive season demand
E-commerce companies lean on the technology to serve customers and sellers in festival season shopping rush
 "How GenAI helps e-commerce firms handle high festive season demand")
New document shows OpenAI's transformation from nonprofit to $157 bn giant
Called OpenAI, the nonprofit told the IRS its goal was to advance digital intelligence in the way that is most likely to benefit humanity as a whole
 "New document shows OpenAI's transformation from nonprofit to $157 bn giant")
Intel Core Ultra 200S series processors bring on-device AI to desktop PCs
Apart from a dedicated neural processing unit (NPU), the Intel Arrow Lake-S processors for desktops also offer significant reductions in power usage
 "Intel Core Ultra 200S series processors bring on-device AI to desktop PCs")
AMD plans to start mass production of next AI chip later this year
AMD's Su also said at the event that the company does not currently have plans to use contract chip manufacturers beyond Taiwan's TSMC for advanced manufacturing processes
 "AMD plans to start mass production of next AI chip later this year")
India, US collaborate on 'safe, secure, trustworthy' AI, says Seth Center
Among other areas of cooperation, India and the US's focus has also been on critical and emerging technologies that include artificial intelligence and quantum technologies
 "India, US collaborate on 'safe, secure, trustworthy' AI, says Seth Center")
Zoom expands AI features, introduces custom avatars and upgraded companion
Zoom has announced the next generation of Zoom AI Companion, the company's AI personal assistant, along with a custom add-on for AI Companion at an additional cost per month
 "Zoom expands AI features, introduces custom avatars and upgraded companion")
'Reasoning' AI will depend on cheaper computing, says Nvidia CEO Huang
Nvidia will set the stage for these advances by boosting its chip performance every year by two to three times, at the same level of cost and energy consumption, Huang said
 "'Reasoning' AI will depend on cheaper computing, says Nvidia CEO Huang")
Google DeepMind's chemistry Nobel showcases AI's medical potential
The prize was also the second this week to involve artificial intelligence, highlighting the technology's growing significance in scientific research
 "Google DeepMind's chemistry Nobel showcases AI's medical potential")
Nobel sparks debate as AI pioneers honoured for neural nets, not physics
Honoured for neural nets, Hopfield and Hinton's Nobel raises questions on awarding contributions outside traditional physics
 "Nobel sparks debate as AI pioneers honoured for neural nets, not physics")
Infosys expands partnership with Microsoft to boost Cloud, GenAI adoption
It will infuse Microsoft's generative AI suite of offerings across its Solution IP portfolio to bring unique capabilities to market, helping clients achieve cost-efficiency
