The FinTech Hub
Source: Live Mint Billionaire Elon Musk revived a lawsuit against OpenAI, giving rise to the six-year-old dispute that started with a power struggle at the San Francisco-based start-up, reported the New York Times on Monday, August 5. The new lawsuit, filed on Monday in a Northern Californian federal court, claimed that OpenAI and two of…
Source: Live Mint Sam Altman’s OpenAI has raised concerns about the potential emotional attachment users may develop with its recently launched Voice Mode feature for ChatGPT. This warning was detailed in the company’s “System Card” for GPT-4o, a comprehensive document that examines the potential risks and safeguards associated with the AI model. Among the various…
Source: Live Mint OpenAI has recently announced exciting news for ChatGPT users, particularly those utilizing the free version of the platform. The company is now extending the ability for free users to generate up to two images daily using DALL-E 3, their advanced generative AI model. This feature, which was previously exclusive to subscribers of…
Source: Live Mint “Let Truth and falsehood grapple,” argued John Milton in Areopagitica, a pamphlet published in 1644 defending the freedom of the press. Such freedom would, he admitted, allow incorrect or misleading works to be published, but bad ideas would spread anyway, even without printing—so better to allow everything to be published and let…
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…
