The breakthrough AI needs | Mint

The breakthrough AI needs | 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 following one $10bn. … Read more

Errors, high cost among reasons GenAI not moving beyond concept stage

Errors, high cost among reasons GenAI not moving beyond concept stage

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. And the adoption … Read more

It’s swallowed billions of dollars, but has AI lived up to the hype?

It’s swallowed billions of dollars, but has AI lived up to the hype?

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’, when machines would … Read more

ChatGPT is a marvel of multilingualism

ChatGPT is a marvel of multilingualism

THE HYPE that followed ChatGPT’s public launch last year was, even by the standards of tech innovations, extreme. OpenAI’s natural-language system creates recipes, writes computer code and parodies literary styles. Its latest iteration can even describe photographs. It has been hailed as a technological breakthrough on a par with the printing press. But it has … Read more

India well positioned to leap ahead of developed worlds with AI: Sundar Pichai

India well positioned to leap ahead of developed worlds with AI: Sundar Pichai

“For India and other emerging countries, technology shifts are opportunities to catch up or leap ahead,” Pichai said.  India was unlikely to match developed countries in personal computing penetration, but in mobile adoption, more people gained access than in previous generations, Pichai elaborated.  Many people skipped landlines and went straight to cellular phones. With each … Read more

Today’s AI models are impressive. Teams of them will be formidable

Today’s AI models are impressive. Teams of them will be formidable

The upgrade is part of wider moves across the tech industry to make chatbots and other artificial-intelligence, or AI, products into more useful and engaging assistants for everyday life. Show GPT-4o pictures or videos of art or food that you enjoy and it could probably furnish you with a list of museums, galleries and restaurants … Read more

OpenAI joins AI content alliance as Election Commission warns of deepfakes

OpenAI joins AI content alliance as Election Commission warns of deepfakes

This marks OpenAI’s second global collaboration amid mounting concerns about AI’s increasing influence on various content forms, especially during, and in the run up to, the elections in major economies such as India and the US. OpenAI’s decision to join C2PA comes a day after the Election Commission of India issued a notice to political … Read more

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

Industry welcomes govt’s move to amend GenAI advisory

Industry welcomes govt's move to amend GenAI advisory

NEW DELHI : The government’s move to amend its 1 March advisory mandating companies developing GenAI- and AI-based tools and features to take explicit government consent before releasing them in the market was welcomed by industry players, as they wouldn’t now need to take any permissions. The amended advisory was issued on 15 March, which … Read more

India’s AI market to reach $17 bn by 2027: Report

India's AI market to reach $17 bn by 2027: Report

Mumbai: India’s AI market is expected to grow at a compound annual growth rate (CAGR) of 25-35% to $17 billion by 2027, according to a report by Nasscom and the Boston Consulting Group. This growth will be fuelled by multiple factors, including increasing enterprise tech spending, India’s growing AI talent base and a significant increase … Read more