The FinTech Hub
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…
Source: Live Mint New Delhi: Sarvam and Adya.ai are two of India’s newest startups targeting the red-hot generative artificial intelligence market, but they are also among a new breed of ventures looking beyond large language models like ChatGPT. The reason: industry-specific applications are easier to monetise and help avoid competition with AI giants. For Sarvam,…
Source: Live Mint Silicon Valley’s tech bros are having a difficult few weeks. A growing number of investors worry that artificial intelligence (AI) will not deliver the vast profits they seek. Since peaking last month the share prices of Western firms driving the AI revolution have dropped by 15%. A growing number of observers now…
Source: Live Mint Zomato has stopped using AI-generated food images. Artists and several others have also come out against such images. While there might be a compelling case for AI-generated images in some instances, platforms have to ensure transparency. Mint explains: Why did Zomato ban AI food images? It was in response to customer complaints…
Source: Live Mint Perhaps the best-known risk is embodied by the killer robots in the “Terminator” films—the idea that AI will turn against its human creators. The tale of the hubristic inventor who loses control of his own creation is centuries old. And in the modern era people are, observes Chris Dixon, a venture capitalist,…
Source: Live Mint From diagnosing diseases to conjuring cool images, artificial intelligence (AI) had a free run for long. That may be about to end. The Bureau of Indian Standards (BIS) is preparing a comprehensive set of standards for AI-related applications in India, two people directly involved in the process said. The bureau is consulting…
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…
