Page 4 - Artificial Intelligence

Marvell forecasts Q4 revenue above estimates due to AI chip demand

Marvell's shares have risen nearly 60% this year as Wall Street has bet heavily on soaring demand for advanced chips that can support the complex processing needs of genAI

Meta seeks new nuclear reactors as reliable source to run US data centres

Meta is racing to line up clean energy to meet the massive electricity needs of its artificial intelligence ambitions

Vodafone Idea becomes latest telco to launch AI-based spam detection filter

Vi is continuously working to develop solutions to curb spam, including voice calls, to ensure its users are further protected from unsolicited calls

Global warming and AI: Urgent need to curb AI's environmental impact

Global warming and artificial intelligence are rarely discussed together or even considered connected themes. But this is a mistake because they are linked closely

Canadian news media sue OpenAI for copyright violations, but will they win?

Canadian news media are suing OpenAI for copyright infringement, but will they win?

AI helping ixigo to build travel tech for the next billion Indians

Ixigo's AI-driven trip-planning tool, 'PLAN', has crafted over 282,700 personalised itineraries, engaging more than 1.5 million users since its launch last year

Best of BS Opinion: Sharp slowdown, unintended consequence and more

Here is the best of Business Standard's opinion pieces for today

Time for AI in education: A transformative revolution akin to printing era

Human-conversation mode, I guess, is one key reason we all run to ChatGPT and similar AI tools often

Elon Musk urges court to block OpenAI 'illegal' for-profit conversion

A spokesperson for OpenAI said Musk's filing "again recycles the same baseless complaints" and "continues to be utterly without merit."

Trilegal partners with AI platform Lucio to boost legal efficiency

Since May 2024, Lucio - developed by lawyers - has processed over 100,000 documents and 8 million pages of text

Artificial intelligence democratising discovery ecosystem: Meta's Srinivas

Srinivas also added that this visibility and reach has meant several brands being first launched on Meta platforms - Instagram, Facebook, and Thread

Most CFOs in India see GenAI boosting tax function efficiency: Report

Most of the CFOs as well as finance and tax leaders in India believe generative AI (GenAI) will significantly enhance the effectiveness of their tax functions, said a study on Thursday. Globally, 87 per cent of leaders echo this sentiment, underscoring GenAI's potential to revolutionize tax functions worldwide, said a EY Tax and Finance Operations (TFO) Survey 2024. Based on insights from 1,600 leaders across 32 countries and 18 industries, including 70 CFOs and tax leaders of leading Indian corporates, the global survey highlighted key challenges in the tax and finance domain. It said, "94 per cent of CFOs and finance and tax leaders in India believe generative AI (GenAI) will significantly enhance the effectiveness of their tax functions a remarkable increase from just 19 per cent in 2023, highlighting a growing recognition of GenAI's potential in the tax landscape." The survey 2024 also showed that Indian tax leaders have already begun to make strides in their GenAI journey, wi

SoftBank CEO Son ask Indian entrepreneurs to have exponential mindset

Masayoshi Son, who has been a vocal advocate for AI's transformative potential, previously predicted that AI could contribute up to 5% of global economic output by 2035

Could AI bring a 3.5-day workweek? Jamie Dimon’s bold prediction

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

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

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

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

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

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