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Source: Business Standard 2 min read Last Updated : Oct 04 2024 | 10:23 AM IST R Systems share price, R Systems block deal today: R Systems International share price surged 8 per cent to Rs 506.50 on the BSE in Friday’s trade after over 10 million equity shares of the IT enabled services…
Source: Live Mint Facebook owner Meta on Friday unveiled a new AI model called Movie Gen that can produce realistic-looking videos using only text prompts. Meta’s announcement comes almost 6 months after OpenAI took the AI industry by storm by unveiling its text-to-video generator, Sora. Movie Gen can also generate background music and sound effects…
Source: Live Mint The fund house is betting big on exchange traded funds (ETF) and believes it has the strongest back-end to be the best in this space. In an interview with Mint, Swarup Mohanty, vice chairman & CEO, Mirae Asset Investment Managers (India) discussed upcoming RBI policy, GDP growth, changing risk profile of investors,…
Source: Live Mint The motor insurance industry is undergoing a transformation driven by rapid technological advancements, evolving consumer expectations, and the global shift toward sustainability. With the rise of electric vehicles, AI-powered claims processing and shared mobility, these emerging trends are reshaping the landscape of motor insurance. As the industry adapts to these changes, insurers…
Source: Live Mint A recent report from Elastic, a Search Analytics firm, indicates that 81 per cent of Indian organizations have adopted Generative AI (GenAI), positioning India as a leader in this technological domain. The study anticipates an increase in investments and budget allocations for AI initiatives in the coming years. Reportedly, IT service providers…
Source: Live Mint When historians in future centuries compile the complete annals of humankind, their output will be divided into two tomes. The first will cover the hundreds of thousands of years during which humans have been earth’s highest form of intelligence. It will recount how souped-up apes came up with stone tools, writing, sliced…
Source: Live Mint The Dartmouth meeting did not mark the beginning of scientific inquiry into machines which could think like people. Alan Turing, for whom the Turing prize is named, wondered about it; so did John von Neumann, an inspiration to McCarthy. By 1956 there were already a number of approaches to the issue; historians…
Source: Live Mint Large language models have a keen appetite for electricity. The energy used to train OpenAI’s gpt-4 model could have powered 50 American homes for a century. And as models get bigger, costs rise rapidly. By one estimate, today’s biggest models cost $100m to train; the next generation could cost $1bn, and the…
Source: Live Mint LLMs are built using a technique called deep learning, in which a network of billions of neurons, simulated in software and modelled on the structure of the human brain, is exposed to trillions of examples of something to discover inherent patterns. Trained on text strings, LLMs can hold conversations, generate text in…
Source: Live Mint Deutsche Bank, in its research report on artificial intelligence titled ‘Latest in Al: Five clues to the future of Al in recent headlines’, has listed the themes to watch for in the space. Noting that AI is “as hot as ever”, with AI and ChatGPT still dominating Google search trends, the report…
