The FinTech Hub
Source: Live Mint The Chinese artificial intelligence app, DeepSeek, has been temporarily removed from the Apple and Google app stores in Italy, following a request from the country’s data protection authority for more information regarding its handling of personal data. The app’s removal, which occurred on Wednesday, came just a day after the Italian regulator,…
Source: The Verge Mythic Quest’s ability to spin some of the gaming industry’s ugliest aspects into genuinely funny comedy was what made it such a surprising delight when it first hit Apple TV Plus back in 2020. Even when it was joking about chaotic streamers or Nazi server takeovers, you could feel the respect Mythic…
Source: Live Mint New Delhi, Jan 3 (PTI) Rising demand for premium devices, led by Apple and Samsung, is expected to increase India’s smartphone market size to over USD 50 billion (about ₹4,28,900 crore) this year, market research firm Counterpoint Technology Market Research said on Friday. The Indian smartphone market size was estimated at USD…
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 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 (Reuters) -AI heavyweight OpenAI is in talks to raise funds at a valuation of $150 billion, Bloomberg News reported on Wednesday, a move that would fortify its status as one of the biggest startups in the world. The maker of viral chatbot ChatGPT is discussing raising $6.5 billion from investors, the report…
Source: Live Mint Warren Buffett’s birthday present arrived early this year. On August 28th, two days before America Inc’s favourite great-grandpa turned 94, his bricks-to-motor-insurance conglomerate, Berkshire Hathaway, reached a market value of $1trn. It became only the eighth American company to claim that title and, as a child of the Nebraskan heartland, the first…
Source: Live Mint Since AI’s most popular offering, OpenAI’s ChatGPT, debuted two years back and made esoteric AI tech accessible to the masses, there has been excitement over intelligent machines taking over mundane tasks or assisting humans in complex work. Geeks declared that costs would drop and productivity skyrocket, eventually leading to ‘artificial general intelligence’,…
Source: Live Mint I’m sorry Dave, I’m afraid I can’t do that.” HAL 9000, the murderous computer in “2001: A Space Odyssey” is one of many examples in science fiction of an artificial intelligence (AI) that outwits its human creators with deadly consequences. Recent progress in AI, notably the release of ChatGPT, has pushed the…
