India takes the local track in its AI race

India takes the local track in its AI race

AI’s integration into the enterprise sector in India has matured significantly, becoming a cornerstone for businesses seeking to enhance product efficiency, streamline supply chains, and reduce time-to-market. Recent research underscores the growing adoption of AI within the Indian enterprise landscape. A study conducted by Morning Consult, commissioned by IBM, found that approximately 59% of enterprise-scale … Read more

Mint Primer: Is GPT-5 on the cards? What might it look like?

Mint Primer: Is GPT-5 on the cards? What might it look like?

Maintaining that GPT-4 “kind of sucks”, Open AI CEO Sam Altman said recently his company will release an “amazing new model” this year. This has sparked speculation that OpenAI may release GPT-5 sometime between June and August this year. Why is this a big deal? What triggered the excitement? OpenAI, the maker of ChatGPT, inadvertently … Read more

Regulators are forcing big tech to rethink its AI strategy

Regulators are forcing big tech to rethink its AI strategy

Trustbusters have big tech in their sights. On March 25th the European Commission opened a probe into Apple, Alphabet (Google’s parent company) and Meta (which is Facebook’s). Regulators in Brussels think the measures which the American technology behemoths have put in place to comply with the Digital Markets Act, a sweeping new law meant to … Read more

Elon Musk announces launch of Grok-1.5 AI chatbot on X next week. How will it change social media?

Elon Musk announces launch of Grok-1.5 AI chatbot on X next week. How will it change social media?

Elon Musk on Friday announced that his artificial intelligence startup xAI will launch the latest version of its Grok-1.5 chatbot for the social media platform X. The enhanced version of Grok AI chatbot will be available for X users from next week and should exceed current AI technology in all metrics, Elon Musk said. The … Read more

Why AI needs to learn new languages

Why AI needs to learn new languages

OpenAI has not revealed much about how ChatGPT-4 was built. But a look at its predecessor, ChatGPT-3, is suggestive. Large language models (LLMs) are trained on text scraped from the internet, on which English is the lingua franca. Around 93% of ChatGPT-3’s training data was in English. In Common Crawl, just one of the datasets … Read more

The bosses of OpenAI and Microsoft talk to The Economist

The bosses of OpenAI and Microsoft talk to The Economist

One reason the world’s corporate elite jet off to Davos each year is to check in on important relationships, be they with critical suppliers or big-spending clients. This year many are wondering about their relationships with Microsoft and OpenAI , the startup behind ChatGPT. The companies are the world’s most prominent purveyors of artificial intelligence … Read more

Just how rich are businesses getting in the AI gold rush?

Just how rich are businesses getting in the AI gold rush?

The relentless stream of AI headlines makes it hard to get a sense of which businesses are real winners in the AI boom—and which will win in the longer run. To help answer this question The Economist has looked where value has accrued so far and how this tallies with the expected sales of products … Read more

‘Should have been default winner’: Satya Nadella’s ‘competent’ take on Google AI amid backlash over Gemini inaccuracies

‘Should have been default winner’: Satya Nadella's ‘competent’ take on Google AI amid backlash over Gemini inaccuracies

Google CEO Sundar Pichai faced some intense backlash in the past few days over the inaccuracies in its artificial intelligence Gemini image generator. But, his close rival Microsoft doesn’t seem to doubt the ability of the tech giant in the AI space. In a latest podcast Microsoft CEO, Satya Nadella said that Google “should have … Read more

Elon Musk’s xAI to open-source AI rival ‘Grok’ amid lawsuit against OpenAI

Elon Musk's xAI to open-source AI rival ‘Grok’ amid lawsuit against OpenAI

Elon Musk, the CEO of xAI, announced on Monday the open-sourcing of the artificial intelligence startup’s ChatGPT rival, “Grok,” just days after filing a lawsuit against OpenAI, a company he co-founded, for veering away from its original non-profit mission. Musk has been a vocal critic of large technology companies using AI for profit, expressing concerns … Read more

How businesses are actually using generative AI

How businesses are actually using generative AI

At the same time, big tech’s sales of AI software remain small. In the past year AI has accounted for only about a fifth of the growth in revenues at Azure, Microsoft’s cloud-computing division, and related services. Alphabet and Amazon do not reveal their AI-related sales, but analysts suspect they are lower than those of … Read more