The FinTech Hub
Source: Live Mint Microsoft-backed OpenAI is no stranger to lawsuits. The soaring reach of its large language model (LLM)-based chatbot, ChatGPT, has continually rattled media houses, artists, and content creators across the world, prompting them to initiate legal action for copyright infringement. They argue that OpenAI is illegally scraping their high-quality and original data to…
Source: Live Mint In less than four years the share price of Chegg, an online education service, has dropped by 99%. A post-pandemic slump in digital learning is partly to blame for its tumble. A bigger problem for the company, though, is artificial intelligence (AI). Its customers are mostly students who want help answering their…
Source: Live Mint The twin, developed in just a month in partnership with Microsoft and a Paris-based digital preservation company, Iconem, will provide millions worldwide with an immersive virtual experience of the Basilica. While Iconem used multiple devices,including drones, 3D cameras, and lasers to capture more than 400,000 high-resolution images of the Basilica, the data…
Source: Live Mint Hollywood star Ben Affleck isn’t losing sleep over artificial intelligence (AI) taking over creative jobs, despite mounting concerns across industries. Speaking at CNBC’s Delivering Alpha conference in New York, the actor and filmmaker highlighted why he believes AI has clear limits in the arts. “AI can write you imitative verse. It cannot…
Source: Live Mint Robotic surgeries, especially in the post-covid era, are being routinely done in urology, oncology, nephrology, gynaecology and laproscopy. But these robots aren’t the kind you see in movies. Read Full Article
Source: Live Mint Chinese courts, meanwhile, are developing an AI system comprising “non-human judges”, designed to offer comprehensive support, enhancing legal services and reinforcing justice across “smart courts” by next year. Closer home, former chief justice of India D.Y. Chandrachud, just days before his retirement on 11 November, tested the acumen of an AI “lawyer”…
Source: Live Mint IN JULY last year Henry Kissinger travelled to Beijing for the final time before his death. Among the messages he delivered to China’s ruler, Xi Jinping, was a warning about the catastrophic risks of artificial intelligence (AI). Since then American tech bosses and ex-government officials have quietly met their Chinese counterparts in…
Source: Live Mint Open-source software—in which a developer releases the source code for a product and allows anyone else to reuse and remix it to their liking—is at the foundation of Google’s Android, Apple’s iOS and all four of the largest web browsers. The encryption of a WhatsApp chat, the compression of a Spotify stream…
Source: Live Mint Semiconductor design company Tessolve, owned by Hero Electronix, has acquired Germany’s Dream Chip Technologies for ₹400 crore, in a deal that would enable the Bengaluru-based technology firm design more complex processors and give it a competitive edge. The deal strengthens Tessolve’s design capabilities, besides giving it a much better access to European…
Source: Live Mint OpenAI’s last major Generative Pre-trained Transformer (GPT) release, GPT-4, launched in March 2023, and since then, ChatGPT users have been eagerly awaiting the next big upgrade. Although OpenAI introduced GPT-4o, an iteration of GPT-4 with enhanced text, vision, and audio capabilities earlier this year, there has been no sign of a significant…
