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Tech Budget 2024: How India’s interim union budget is set to shape AI for all

As India charts its course towards becoming an artificial intelligence (AI) powerhouse, the Union Budget for 2024-25 assumes critical significance, building on the substantial groundwork laid in the previous fiscal year. With a focus on ethical safeguards, upskilling initiatives, and supportive policies for startups, the budget is likely to aim at fortifying the nation's AI sector for sustained growth.Ethical AI Practices: Governance and RegulationRecognizing the potential biases that AI systems may inherit from…

5 things about AI you may have missed today: AI hints fingerprints are not unique, secret talks on AI risks, more

OpenAI CEO Sam Altman and the U.S. House Speaker conferred on risks posed by artificial intelligence (AI) amid regulatory challenges; US and Chinese AI companies hold secret talks on AI safety concerns; Pipefy launches AI-driven HR automation with customisable chatbots; Google Cloud unveils generative AI tools to transform retail experiences- this and more in our daily roundup. Let us take a look.1. OpenAI CEO and U.S. House Speaker confer on AI risks amid regulatory challengesOpenAI CEO Sam Altman and U.S. House Speaker…

AI will be a game changer for some sectors in India, says Ashwini Vaishnaw at Global AI Conclave

Image Source : FILE AI will be a game changer for some sectors in India The Global Partnership on Artificial Intelligence (GPAI) has been working towards ensuring that artificial intelligence becomes an energetic enabler for millions of users with clear and accountable protecting power, said the government of India. Prime Minister Narendra Modi inaugurated the GPAI…

5 things about AI you may have missed today: MIT rolls out AI governance paper; Nvidia eyes Vietnam as 2nd home for AI

AI Roundup: Several notable developments took place in the field of artificial intelligence (AI) today, December 11. US chipmaker Nvidia announced that it will support the development of AI as well as digital infrastructure in Vietnam. Meanwhile, Rakuten CEO Hiroshi Mikitani said the company is developing its proprietary AI model. In a new development, scholars and leaders have MIT have released a white paper on AI governance.All this, and more in today's AI roundup. 1. Nvidia to support AI development in VietnamUS…

What are Europe’s New AI regulations? Prohibited AI to High-Risk Systems, Check Out Top 5

 European Union policymakers and lawmakers clinched a deal on Friday on the world's first comprehensive set of rules regulating the use of artificial intelligence (AI) in tools such as ChatGPT and in biometric surveillance.They will thrash out details in the coming weeks that could alter the final legislation, which is expected to go into force early next year and apply in 2026. Until then, companies are encouraged to sign up to a voluntary AI Pact to implement key obligations of the rules. Here are the key points that…

Europe’s artificial intelligence rules are facing a do-or-die moment

 Hailed as a world first, European Union artificial intelligence rules are facing a make-or-break moment as negotiators try to hammer out the final details this week — talks complicated by the sudden rise of generative AI that produces human-like work.First suggested in 2019, the EU's AI Act was expected to be the world's first comprehensive AI regulations, further cementing the 27-nation bloc's position as a global trendsetter when it comes to reining in the tech industry. But the process has been bogged down by a…

Cheating Fallout! UK universities roll out rules on use of generative AI like ChatGPT in class

Amidst growing concerns about the use of generative AI like ChatGPT in schools and classrooms, UK's top universities have signed a slew of regulatory principles outlining its ethical use. In the past few months, In March, a BestColleges survey revealed that about 43% of students had used ChatGPT or other generative AI applications at least once in their life and about 50% of them said that they had used it to write assignments or exams. This growing issue has led to countries pooling resources to set up guidelines for…

Macron demands French AI ‘champions’

President Emmanuel Macron made a pitch on Wednesday for France to become a leader in artificial intelligence (AI) as he spoke at VivaTech in Paris, one of Europe's biggest technology trade shows.He announced 500 million euros ($543 million) in new funding to "create champions" in AI and praised projects targeting French speakers, as concern grows about Silicon Valley firms fuelling English-language domination of AI systems. Twitter and Tesla boss Elon Musk is scheduled to appear at VivaTech on Friday, when he is likely…