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5 things about AI you may have missed today: Mphasis launches DeepInsights Doc AI, OpenAI bets on humanoid robots, more

Mphasis launches DeepInsights Doc AI for advanced document processing;  OpenAI partners with Figure AI to elevate humanoid robots with advanced AI models; Author Calum Chace optimistic about AI's impact on jobs; Meta CEO Zuckerberg explores AI chip collaboration with Samsung in Asia tour- this and more in our daily roundup. Let us take a look.1. Mphasis launches DeepInsights Doc AI for advanced document processingMphasis Ltd's shares rose by 0.31% as it unveiled DeepInsights Doc AI, a document processing tool utilizing…

Xiaomi bets on new EV SU7; targets potential 20 million premium users

Chinese consumer electronics company Xiaomi revealed Thurs., Dec. 28, 2023, its long-awaited electric car, but declined to share its price or specific release date.CNBC | Evelyn ChengBEIJING – Chinese smartphone company Xiaomi believes it's identified a consumer niche that will pay up for its upcoming electric car in a fiercely competitive market."We think it's a good starting point for us in the premium segment because we have already 20 million premium users in China based on the smartphone," Xiaomi Group President…

ai: Infineon bets on AI boom to spur more lucrative chip sales

Germany's Infineon is banking on a boom in artificial intelligence (AI) to generate billions in revenue and drive future growth by selling higher price chips, CEO Jochen Hanebeck said on Friday. "Conventional servers contain power semiconductors worth between $65-80. In an AI server, it's 850 to 1,800 US dollars, depending on the architecture," he told the company's annual general meeting, according to prepared remarks. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology…

China bets on open-source chips as US export controls mount

When a Beijing-based military institute in September published a patent for a new high-performance chip, it offered a glimpse of China's bid to remake the half-trillion dollar global chip market and withstand U.S. sanctions.The People's Liberation Army's (PLA) Academy of Military Sciences had used an open-source standard known as RISC-V to reduce malfunctions in chips for cloud computing and smart cars, the patent filing shows. RISC-V is an instruction set architecture, a computer language used to design anything from…

POP OR PROP? Betting site sets up 89 Taylor Swift bets for Super Bowl

Breadcrumb Trail LinksNFLMusicCelebrityPublished Feb 02, 2024  •  Last updated 2 hours ago  •  2 minute read Travis Kelce #87 of the Kansas City Chiefs (L) celebrates with Taylor Swift after defeating the Baltimore Ravens in the AFC Championship Game at M&T Bank Stadium on January 28, 2024 in Baltimore, Maryland. Photo by Patrick Smith /Getty ImagesReviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this…

KPIT net profit up 54.6% at INR 155.3 cr in Q3 FY24; bets on CV segment for growth, ET Auto

Talking about the company's plans for FY25 Tikekar mentioned adding 2-3 clients in its portfolio.New Delhi: KPIT Technologies recorded net profit growth of 54.6% Y-o-Y at INR 155.3 crore and EBITDA growth at 52.2% Y-o-Y for Q3 FY24. The revenue from operations for Q3 FY24 stood at INR 1256.9 crore against INR 1199.1 crore in Q2 FY24, the company said. The management of KPIT Technologies have disclosed that at present 20% of the company’s revenue is coming from the

Samsung Bets Big on AI With Galaxy S24 Series, Sets New Benchmarks for Future Android Flagships

Samsung is betting big on AI to make its flagship smartphone experience more exciting. Galaxy AI, the company's suite of AI-powered features and utilities, was the central theme of the Galaxy Unpacked 2024 event last week. These AI-powered features are aimed to make your life easier while helping you become more productive and create rich content.Generative AI went viral last year after OpenAI's ChatGPT chatbot was released. Since then, we've seen a large number of third-party apps that aim to bring AI-based capabilities…