The FinTech Hub
Source: Live Mint This marks the first such case in India, but the lack of clear policies on AI’s use of public data has sparked similar conflicts globally. At the core of the issue is AI tools’ relentless demand for high-quality data. However, their reliance on readily available online information is nearing its limit. Without…
Source: Live Mint OpenAI has announced the launch of a new subscription tier, ChatGPT Pro, offering exclusive access to advanced features, including the latest AI model, OpenAI o1. Priced at $200 per month (approximately £158), ChatGPT Pro provides users with unlimited access to GPT-4o, advanced voice mode, and an enhanced version of o1, known as…
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…
