ai startups

As many as 70% of startups are investing in artificial intelligence (AI) to enhance product capabilities and internal efficiencies, according to a new report by technology industry apex body Nasscom in partnership with consulting firm Zinnov.As per the Indian Tech Startup Landscape Report 2023, over 950 new technology startups were founded and over 750 were funded in the past year.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIT DelhiIITD Certificate Programme in Data Science &…

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…

Genrobotics, a Kerala-based startup acclaimed for leveraging technology for social change, has been adjudged among top three Artificial Intelligence (AI) startups of India at the Global Partnership on Artificial Intelligence (GPAI) Summit 2023 organised by the Ministry of Electronics and Information Technology in New Delhi. Genrobotic's G-gaiter Robotic Technology won the award in 'AI Game Changers' category at the December 12-14 summit held at Bharat Mandapam, inaugurated by Prime Minister Narendra Modi, a statement said…

Venture capital firm GV, backed by Google parent Alphabet Inc, has hired Michael McBride from software firm GitLab as its latest general partner to focus on open-source and AI startups, the firm told Reuters.McBride served as the chief revenue officer for five years at GitLab, an open-source developer tools maker in GV's portfolio that went public in late 2021.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteNorthwestern UniversityKellogg Post Graduate Certificate in Product…

G7 leaders forge historic international rules for generative AI; Tech giants fail to deliver on ethical AI promises, according to a Stanford report; Amazon CEO foresees transformative impact of generative AI on customer experiences; New York partners with intuition robotics to combat senior loneliness with AI companions- this and more in our daily roundup. Let us take a look.1. G7 leaders forge historic international rules for generative AIThe G7 leaders reached a historic agreement on the first international rules for…

Today, December 5, was an important day in the artificial intelligence space. Union Minister Rajeev Chandrasekhar met social media platforms to review progress made by them in tackling the issue of deepfakes, and misinformation in general. New advisories for compliance are expected to be released. Meta Platforms and IBM have joined an AI alliance with 40 other organizations to create an industry group dedicated to open-source AI work, aiming to share technology and reduce risks. This and more in today's AI roundup. Let…

A slowdown in Europe’s risk capital investments, like in the rest of the world, is prompting entrepreneurs and investors to recalibrate and focus on technologies such as artificial intelligence (AI).European startups are making strides towards developing AI platforms that aim to compete with US-based companies, such as Open AI, in addition to building in areas such as quantum computing, chip design and semiconductors.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of…

A year after the history-making release of ChatGPT, the AI revolution is here, but the recent boardroom crisis at OpenAI, the super app's company, has erased any doubt that Big Tech is in charge.In some ways, the discreet reveal of ChatGPT on November 30 last year was the revenge of the geeks, the unsung researchers and engineers who have been quietly building generative AI behind the scenes. OpenAI CEO Sam Altman, a well-known figure in technology circles, but still little known beyond that, with the release of ChatGPT…

Product management is a critical function in any startup, but especially in an AI startup where the technology is rapidly evolving and the market is still emerging. Product managers in AI startups need to navigate a unique set of challenges to bring their products to market and drive growth. In this article, we will outline the key steps that product managers can follow to be successful in an AI startup.Step 1: First Define the Product Vision and the StrategyThe first step in any product management process is to…

In December and January, several venture capitalists from the US and Britain raced to Paris to vie for a stake in a new artificial intelligence company that could reshape how people work. The startup they courted, Dust, consisted of just two people. It had not been incorporated yet. And it rejected a generous proposal by top investment firm Coatue Management among other offers, three people familiar with the deal told Reuters. Sequoia Capital won, two of the people said, leading a sizable "seed" fundraising round of $5…