The comparison with the famously capex-happy energy industry is apt not just because of the sums involved. AI needs vast amounts of processing power. And that processing power needs vast amounts of electricity. On May 2nd Bob Blue, chief executive of Dominion Energy, one of America’s biggest utilities, said that data-centre developers now regularly ask … Read more
Deepfake videos featuring numerous well-known figures have recently sparked widespread attention on social media, eliciting reactions among users. In a recent incident, Bollywood Actor Alia Bhatt has once again fallen prey to a deepfake video. In this instance, her face was digitally placed onto the body of actress Wamiqa Gabbi. This marks the second time … Read more
“While customers can choose different modes of contact—touch (in a branch), type (on the website), tap (chat banking on WhatsApp) and talk (call the contact centre and interact with the voice assistant)—we see an increasing preference for digital self care,” said Anjani Rathor, chief digital experience officer, HDFC Bank, pointing at the increase in such … Read more
The Humane AI Pin, a voice-controlled personal assistant, was one of Silicon Valley’s most-hyped AI-first products. However, the hype has crashed rather fast. Barring Amazon’s Alexa and Apple’s Siri, voice interfaces have been tech’s biggest failures. Mint asks why: Why the hype around Humane AI Pin? The AI Pin, launched by Silicon Valley startup Humane, … Read more
A recent report released by NetApp, a leading intelligent data infrastructure company, has shed light on the stark division between countries at the forefront and those lagging behind in the adoption of artificial intelligence (AI). The comprehensive study offers insights into the progress, challenges, and momentum surrounding AI adoption, emphasizing the pivotal role of a … Read more
(Reuters) – The Financial Times had signed a licensing agreement with OpenAI to train artificial intelligence (AI) models on its attributed content, the newspaper said on Monday, in the latest media tie-up for the Microsoft-backed startup. The agreement will enhance OpenAI’s generative AI chatbot ChatGPT with attributed FT content, and the firms will collaborate on … Read more
A recent study by Kantar has revealed a dramatic surge in AI adoption, showcasing how Indians are increasingly turning to smart technologies to simplify tasks, from home automation to virtual assistance. An impressive 724 million Indians are already integrated into the AI ecosystem, a number expected to grow by 6% annually. These users engage with … Read more
We, as an economy, are on the cusp of a future powered by artificial intelligence (AI). This year is set to experience explosive growth in areas like AI-driven quantitative investing, cryptocurrency derivatives, and quantum data analytics. As we traverse new frontiers of investment opportunities unlocked by AI, it is crucial to maintain an equilibrium. Trust … Read more
Meta CEO Mark Zuckerberg has recently spoken out regarding the latest advancements in artificial intelligence (AI) technology, asserting that while progress has been made, the current state of AI does not pose existential risks to humanity. This statement follows Meta’s recent unveiling of Llama 3, the newest iteration of its AI chatbot. In a private … Read more
In an unusual turn of events, Meta’s AI chatbot has found itself embroiled in controversy after a perplexing exchange within a prominent New York City parenting group on Facebook. The chatbot, developed by Meta to interact with users across its platforms, raised eyebrows when it claimed to have a child enrolled in a prestigious New … Read more