Page 7 - Artifical Intelligence

US weighs capping exports of AI chips from Nvidia, AMD to certain countries

The new approach would set a ceiling on export licenses for certain countries in the interest of national security

Amazon Smbhav Hackathon to boost AI, tech innovations for small biz

Amazon India on Monday announced the Smbhav Hackathon 2024, a nationwide competition aimed at developing next-generation technologies and AI-driven innovations specifically for small and medium businesses (SMBs) in the e-commerce sector. The hackathon is a precursor to Amazon Smbhav 2024, the fifth edition of the company's flagship annual summit in India. For this event, Amazon has collaborated with Startup India, the Department for Promotion of Industry and Internal Trade (DPIIT), the National Innovation Foundation (NIF) - India, and the NIF Incubation and Entrepreneurship Council (NIFientreC). The hackathon will emphasise innovations that can influence the growth and success of small and medium-sized businesses (SMBs) in the fast-changing digital environment, the company said in a statement. Participants will address challenges like utilising social media for product promotion, optimizing multi-channel fulfilment, easing cross-border trade, and creating sustainable e-commerce ...

AI focused robotic startup Perceptyne secures $3 million in seed funding

Perceptyne operates in the space of AI-driven, semi-humanoid robots for industrial automation

Heavy reliance on AI can lead to concentration risks, says RBI governor

Banks have to ride on the advantages of AI and Bigtech and not allow the latter to ride on them, says Das

Apple eyes smart home expansion with new devices and AI software: Report

Apple had collaborated with Google and Amazon to develop a smart home protocol called Matter, allowing cross-platform compatibility between home devices and accessories

IPU assembly to be held in Geneva from today; to address AI, tech ethics

The Assembly's central theme focuses on parliamentary action to maximise the advantages of emerging technologies

PwC India collaborates with Meta to expand open-source AI solutions

PwC India has announced a collaboration with Meta to expand and scale its open-source AI solutions to enterprises and citizen services on Meta's Llama models. This collaboration will promote the adoption of the Llama open-source platform and help PwC develop innovative solutions powered by Generative AI (GenAI) on a global scale, the consultancy firm said in a release. In light of the Indian government's announcement to launch the IndiaAI Mission and its investment in building a robust AI ecosystem, the moment is ideal for businesses to harness the potential of GenAI, it added. "With Llama Models, we see a unique opportunity to democratise this technology across industries, and drive innovation while solving real-world challenges. Together, we aspire to create a more digitally enabled future for our clients and our communities - to create value and drive meaningful change at scale," Sanjeev Krishan, Chairperson of PwC India, said. The collaboration will help PwC India and Meta to .

Google releases Imagen 3 for image generation to all Gemini users: Details

Google said that Imagen 3 is its highest quality image generation model, bringing an even higher degree of photorealism, better instruction following, and fewer distracting artefacts

India dominates AI app market, capturing 21% of global downloads in 2024

However, a significant number of Indian users access AI applications for free. North America and Europe accounted for 68 percent of the in-app purchase revenue generated by AI applications

Airtel says AI system spotted 112 mn spam calls in Tamil Nadu in 12 days

Company says 29.8 mn of its customers have been 'empowered' against 'malicious actors'

US considers breaking up Google over online search monopoly: What it means

The US antitrust body has acknowledged Google's decade long domination on popular distribution channels, due to which its rivals have little-to-no incentive to compete

MediaTek unveils Dimensity 9400 for next-generation premium AI smartphones

MediaTek said that the Dimensity 9400 for smartphones offers improved on-device AI processing, native support for tri-fold displays, and enhanced ray tracing for in-game graphics

Tata Electronics appoints Bobby Mitra as CIO & prez of AI, digital wing

Tata Electronics on Wednesday said it has appointed Bobby Mitra as Chief Information Officer (CIO) and President of AI and Digital Transformation. In this role, Mitra will drive enterprise-wide initiatives in AI and digital transformation for electronic manufacturing services, semiconductor assembly and test, semiconductor foundry, and design services businesses, it said in a statement. Mitra and his team will be instrumental in advancing Tata Electronics' commitment to AI-led manufacturing excellence, particularly in establishing India's first semiconductor Fab in Dholera, Gujarat and the first indigenous semiconductor assembly and test facility in Jagiroad, Assam. Tata Electronics MD and CEO Randhir Thakur said Mitra's deep knowledge of smart manufacturing and the digital ecosystem will be key to delivering value to the customers. Earlier, Mitra had led smart manufacturing as well as industrial systems and personal electronics systems globally for Texas Instruments and served as

Adobe launches 'Content Authenticity' web app for creators: What is it

Adobe said that the Content Authenticity tool will empower creators to protect their work and ensure proper attribution, with added features to prevent content misuse in generative AI training

TSMC's Q3 revenue easily beats market forecast amid rising AI demand

Taiwan Semiconductor Manufacturing Co, whose customers include Apple and Nvidia, has been at the forefront of the march towards AI

OpenAI fires back at Elon Musk over 'altruism versus greed' lawsuit

Not quite two months after he abandoned his first suit against OpenAI, Musk filed a complaint in August claiming that co-founders Sam Altman and Greg Brockman manipulated him

Meta announces 'Movie Gen' AI model: What is it, how it works, and more

Movie Gen AI model can generate videos of up to 16 seconds in 1080p resolution and also produce background audio for videos, said Meta

Google starts rolling out Gemini AI-powered 'Ask Photos' feature in Photos

The Ask Photos feature replaces the search option in the Google Photos app for Android and iOS. The rollout has commenced in US as a server side update, but is not available for everyone

iOS 18.1 with Apple Intelligence could arrive on eligible iPhones on Oct 28

Reportedly, Apple will start rolling out the first batch of the Apple Intelligence feature to the iPhone 16 series and the iPhone 15 Pro models from October 28

Video creation platform Frammer AI raises $2 mn investment from Lumikai

Video content creation platform Frammer AI has announced securing a USD 2 million (around Rs 16.8 crore) investment from Lumikai, which invests in gaming and interactive media platforms. The fresh capital will be deployed into expanding Frammer's offerings into sports and entertainment and investing in data-training for its areas of focus. The funds will also be used to expand its tech team to meet the increasing demand, according to a company statement. Frammer provides transcript and captions for each video, identifies the most interesting segments to generate monetizable short videos for various digital platforms, and produces vertical videos similar to YouTube Shorts and Insta Reels. "...with just one click, Frammer can convert a half-hour video into 35 short packages in approximately five minutes," the statement said. Frammer AI names The India Today Group, Zee News, and insurance giant Acko among its clients. The company has also recently been named the AI content partner of