AI innovation

Just ahead of Christmas, the festival of giving, Google might play the role of the Grinch and steal its employees' happiness. According to a report, as many as 30000 employees may face layoffs soon in Google and the reason behind it might shock you. It is said that the AI innovation by the company has led to those positions being surplus, so the company is planning to trim its workforce accordingly. The ad sales department of the company will be restructured during the reported layoffs.According to a report by Live Mint,…

Today, December 20, artificial intelligence space has emerged as a big talking point again as various countries are taking significant steps in integrating the technology and formulating the right regulatory procedures. Microsoft co-founder Bill Gates has written a post looking back at 2023 and the year ahead. In his post, he predicted that AI will take center stage in 2024 and will “supercharge the innovation pipeline”. In other news, the defence ministry signed a Rs. 1,614 crore contract for the procurement of six…

Microsoft CEO Satya Nadella just dropped a short video on X (formerly Twitter) where he highlighted the achievements of the company in the artificial intelligence division. In the ‘Pace of AI innovation in 2023' video, he provided a few examples where organizations used AI tools by the company to make a positive impact on the world. Microsoft launched Copilot earlier this year, powered by OpenAI's GPT technology, and used it to build its own AI products for enterprises. In the span of just a few months, Microsoft has…

Entrepreneurs and investors from India’s startup ecosystem were left reeling on Saturday after learning of the sudden dismissal of OpenAI cofounder and chief executive Sam Altman. The decision of the company’s board has sent shockwaves through the community with many expressing shock and dismay.While the exact reasons behind Altman’s abrupt ouster are still to be disclosed by OpenAI, multiple executives ET spoke to say his exit would affect the pace of evolution of AI and put the lens on the composition of startup boards,…

After ChatGPT stormed to immense popularity over the recent months, its founder, Sam Altman, never let an opportunity pass by where he did not express his strong desire for AI regulations to be created that have some sort of backing from the government. He even toured the world, clamoring for the same from every country's government that he visited. His wishes have just about come true as a number of tech majors have lined up, alongside US President Joe Biden, and promised they will ensure adequate safeguards are taken…