The FinTech Hub
Source: Live Mint OpenAI CEO Sam Altman has announced a series of livestream events over the next 12 days, beginning today, 5th December, at 10 a.m. PT (11:30 p.m. IST). These events are set to introduce a range of innovative tools and features, with Altman teasing that viewers can expect “some big ones and some…
Source: Live Mint DeepMind has introduced Genie 2, an innovative artificial intelligence model capable of generating playable and immersive 3D worlds. Building on its predecessor, Genie, which could transform single images into interactive environments, Genie 2 takes this concept further by crafting dynamic and realistic virtual worlds from text prompts or images. In a recent…
Source: Live Mint Sony is celebrating 30 years since the launch of the original PlayStation, the iconic console that shook up the gaming world and turned the company into a major player in the industry. Since its debut on 3 December 1994, the PlayStation has sold over 450 million units across its five generations. To…
Source: Live Mint With about 1,600 employees, the company develops AI-powered robotic process automation (RPA) solutions, and is currently valued at over $7.3 billion. “The pressure and opportunity to capitalise AI to create a competitive advantage is very intense,” Ankur Kothari, the company’s co-founder and chief operating officer (COO), said in a recent interview. This…
Source: Live Mint Artificial intelligence could play a pivotal role in addressing the global climate crisis, according to Yann LeCun, Chief AI Scientist at Meta, in a compelling discussion with Nikhil Kamath on theWTF Podcast. The episode, part of the series WTF is Really A.I.?, delved into how AI’s transformative power can be harnessed to…
Source: Live Mint As Artificial Technology (AI) gets more advanced by the day, so much so that single individuals start forming a bond with it, Eric Schmidt, the former CEO of Google, has raised concerns. Referring to AI as the “perfect” girlfriend or boyfriend, Schmidt warned that young individuals forming emotional attachments to AI chatbots…
Source: Live Mint Tech giant OpenAI has announced significant improvements to its artificial intelligence systems, focusing on enhancing creative writing and advancing AI safety. As per its recent post on X, the company has updated its GPT-4o model, also known as GPT-4 Turbo, which powers the ChatGPT platform for paid subscribers. This update aims to…
Source: Live Mint Amazon is set to invest a further $4 billion in Anthropic, a San Francisco-based artificial intelligence (AI) startup, as major technology firms continue to vie for dominance in the generative AI sector. This latest investment will bring Amazon’s total funding in Anthropic, which began last year, to $8 billion. Despite the substantial…
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…
