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Source: Live Mint Senior industry executives and analysts say a high error rate, steep cost of deployment and the relative newness of the technology are the main reasons for GenAI’s weak adoption by companies. “So first and foremost, accuracy of the results is critically important. And second, the adoption of that solution is critically important….
Source: Live Mint Google AI company DeepMind has produced a robot capable of playing table tennis at a near-professional level. The unusual discovery was made during a recent research venture that saw the AI-driven entity successfully take on several skilled human opponents before going down to some advanced players. The DeepMind robot played competitive matches…
Source: Live Mint Google introduced its Pixel 9 lineup at the Made by Google event on Tuesday with many new AI features that are powered by the company’s Gemini AI model. The new feature were demonstrated by Google via live demos and things turned a bit awkward for the company when a live demo of…
Source: Live Mint Harshil Mathur-led Indian payments gateway platform Razorpay has been included in the Forbes Cloud 100 list for 2024. This is the company’s third consecutive appearance on the Forbes list of the top 100 cloud-computing private companies in the world. The list was released on August 6, 2024. Razorpay remains the only Indian…
Source: Live Mint xAI, the artificial intelligence company owned by Elon Musk, has officially unveiled its latest AI models, Grok-2 and Grok-2 Mini, in a beta release. As per Gadgets 360, these new models represent a significant upgrade from the company’s previous AI iteration, Grok-1.5, offering enhanced capabilities in conversational AI, coding, and complex reasoning…
Source: Live Mint In a landmark event on August 15, Ola founder Bhavish Aggarwal announced significant advancements in artificial intelligence and technology during the company’s ‘Sankalp 2024’ event in Bengaluru. The event highlighted the integration of Krutrim, an AI startup founded by Aggarwal, into Ola Electric and Ola Consumer (formerly Ola Cabs), along with the…
Source: Live Mint New Delhi: If Bhavish Aggarwal, founder of now-listed Ola Electric, is known to dream big, his newest ambition is audacious by even his standards: to build “India’s first AI (artificial intelligence) chips” in four years. Such a plan would thrust Aggarwal, who is likened to Elon Musk for his public persona, into…
Source: Live Mint New Delhi: Sarvam and Adya.ai are two of India’s newest startups targeting the red-hot generative artificial intelligence market, but they are also among a new breed of ventures looking beyond large language models like ChatGPT. The reason: industry-specific applications are easier to monetise and help avoid competition with AI giants. For Sarvam,…
Source: Live Mint Silicon Valley’s tech bros are having a difficult few weeks. A growing number of investors worry that artificial intelligence (AI) will not deliver the vast profits they seek. Since peaking last month the share prices of Western firms driving the AI revolution have dropped by 15%. A growing number of observers now…
Source: Live Mint Zomato has stopped using AI-generated food images. Artists and several others have also come out against such images. While there might be a compelling case for AI-generated images in some instances, platforms have to ensure transparency. Mint explains: Why did Zomato ban AI food images? It was in response to customer complaints…
