AI Race

AI roundup: With most companies across the globe developing their AI tools and services, Volkswagen, one of the biggest car companies in the world, has also created an AI lab for building new digital prototypes for its products and features. Microsoft CEO Satya Nadella is all set to visit India and Microsoft India and South Asia President Puneet Chandok said that the country will benefit the most from the global AI shift. Know what's happening in the world of AI.Volkswagen joins AI race with new lab; now in search of…

After OpenAI stole the limelight, Google, Microsoft, Amazon and other Big Tech companies rushed muscled in on the Generative AI action along with a sideshow that starred Sam Altman.ChatGPT was well on its way to becoming a household name even before 2023 kicked off. Just weeks after the Nov. 30 launch of the generative artificial intelligence-powered chatbot, OpenAI, the non-profit behind ChatGPT, was projected to rake in as much as $1 billion in revenue in 2024, sources told Reuters at the time. The so-called large…

Why we need more women in AIWhat do women think about AI? In August 2022, I wrote about the findings of a survey by the Pew Research Centre that revealed a significant fact that most of us would have had a gut feeling about—women think differently about technologies such as artificial intelligence. They are more concerned about the negative effects of AI; are not exactly happy with driverless cars; are not sure whether AI applications like facial recognition are good or bad for society; and are more likely to…

The AI race is heating up worldwide with OpenAI's ChatGPT and Google's Bard leading the pack. Now, Ola's Bhavish Aggarwal has come out with Krutrim AI- a 'made for India' AI model. Developed in just 7-8 months, the Ola CEO calls it India's first full-stack AI model like ChatGPT. Watch! The AI race is heating up worldwide with OpenAI's ChatGPT and Google's Bard leading the pack. Now, Ola's Bhavish Aggarwal has come out with Krutrim AI- a 'made for India' AI model. Developed in just 7-8 months, the Ola CEO calls it…

 Europe is seeking final offers for a 6 billion euro ($6.55 billion) EU satellite constellation which is designed to compete with Elon Musk's Starlink and Jeff Bezos' Kuiper.But authorities have been warned that the IRIS² system, initiated by the European Commission, risks missing out on the latest wave of artificial intelligence and becoming outdated before it is even launched due to bureaucracy. The European Space Agency said on Friday it would seek final offers to develop the secure communications system, a flagship…

Alphabet Inc. just got a reminder of how important the perception of having a winning AI strategy is for investors.The Google owner added $87 billion in market value in a single day last week after showing off the capabilities of its Gemini large language model, which it claims can rival OpenAI's ChatGPT. To sustain those gains, tech “The whole business model depends on getting this right,” said Gene Munster, co-founder and managing partner at Deepwater Asset Management, whose firm holds the stock. “If they can nail…

ByteDance Ltd. is testing an artificial intelligence-powered chatbot among employees, joining rival Chinese internet conglomerates from Alibaba Group Holding Ltd. to Baidu Inc. in a race to create a local version of ChatGPT.TikTok's owner has code-named the project “Grace,” a ByteDance spokesperson said without revealing more details. Employees using the service will be greeted by a pop-up message saying it's based on several large language models, according to one of the testers, who asked to remain unidentified…

A senior software engineer at Google wrote a critique asserting that the internet search leader is losing its edge in artificial intelligence to the open-source community, where many independent researchers use AI technology to make rapid and unexpected advances.The engineer, Luke Sernau, published the document on an internal system at Google in early April. Over the past few weeks, the document was shared thousands of times among Googlers, according to a person familiar with the matter, who asked not to be named because…

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Are tech companies moving too fast in rolling out powerful artificial intelligence technology that could one day outsmart humans? That's the conclusion of a group of prominent computer scientists and other tech industry notables such as Elon Musk and Apple co-founder Steve Wozniak who are calling for a 6-month pause to consider the risks. Their petition published Wednesday is a response to San Francisco startup OpenAI's recent release of GPT-4, a more advanced successor to its widely-used AI…