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Source: Live Mint While this is the obvious part, beneath the surface, the bigger fight is also about controlling all streams of user data, including those from search engines and social media, which can help big tech companies such as Google, OpenAI, Microsoft, Meta, Nvidia and Elon Musk’s xAI build the world’s most powerful artificial…
Source: Live Mint PWC, a professional-services firm, reckons that AI could add almost $16trn to global economic output by around 2030 (compared with 2017). McKinsey, a consulting firm, separately arrived at a similar figure, but now reckons this could rise by another 15-40% because of newer forms of AI such as large language models. Yet…
Source: Live Mint In 2023 Apple released the iPhone 15 Pro, powered by the a17 bionic chip, with 19bn transistors. The density of transistors has doubled 34 times over 56 years. That exponential progress, loosely referred to as Moore’s law, has been one of the engines of the computing revolution. As transistors became smaller they…
Source: Live Mint The internet provided not only the images, but also the resources for labelling them. Once search engines had delivered pictures of what they took to be dogs, cats, chairs or whatever, these images were inspected and annotated by humans recruited through Mechanical Turk, a crowdsourcing service provided by Amazon which allows people…
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 “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 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 New Delhi: If Bhavish Aggarwal, founder of now-listed Ola Electric, is known to dream big, his newest ambition is audacious by even his standards: to build “India’s first AI (artificial intelligence) chips” in four years. Such a plan would thrust Aggarwal, who is likened to Elon Musk for his public persona, into…
