The FinTech Hub
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…
Source: Business Standard 2 min read Last Updated : Sep 16 2024 | 6:35 PM IST Accel Atoms 4.0, the fourth cohort of global venture capital firm Accel’s pre-seed scaling programme, is inviting applications starting Monday from promising startups in two categories – those building for Bharat’ and those focused on Artificial Intelligence (AI)….
Source: Live Mint A Reddit user called “SentuBill” recently shared an unusual experience where ChatGPT began a conversation on its own. Typically, users start chats with OpenAI’s AI chatbot for help with projects, to ask questions or just to have a chat. In the shared screenshot, ChatGPT asked the user about their first week in…
Source: Live Mint While advancements in AI are remarkable, their true value lies in being harnessed to develop practical solutions that boost organisational efficiency. This is precisely what Salesforce has been achieving. By acting as a catalyst for AI adoption, Salesforce is empowering startups to innovate and build cutting-edge AI solutions, driving business growth and…
Source: Live Mint OpenAI has released a new series of models codenamed o1 with ‘reasoning’ capabilities that are designed to spend more time before responding to users’ queries. The new model is immediately available for use and is said to have the ability to perform more complex tasks that were thought possible by previous models. …
Source: Live Mint G42, a United Arab Emirates-based technology holding group, has started discussions with startups and tech companies in India to build generative AI solutions based on its Hindi large language model (LLM) NANDA, Manu Jain, CEO of its India arm, said in an exclusive interaction with Mint. With this foundational model, Hindi language speakers…
Source: Live Mint In an interview on the sidelines of the Google I/O Connect held in Bengaluru on Wednesday, Ajjarapu reasoned that with its largest mobile-first population, micro-payment and digital payment models, a booming startup and developer ecosystem, and diverse language landscape, “India is uniquely positioned to drive the next generation of AI innovation.” In…
Source: Live Mint ANYONE CAN spot a tipping point after it’s been crossed. Also known as critical transitions, such mathematical cliff-edges influence everything from the behaviour of financial markets and the spread of disease to the extinction of species. The financial crisis of 2007-09 is often described as one. So is the moment that covid-19…
