India@AI

OpenAI Is A Bigger Threat To Google Than US Regulators

OpenAI Is A Bigger Threat To Google Than US Regulators

Reuters | Friday August 09, 2024

Google has long been synonymous with search, commanding around 90% of the global market share and bringing in about $175 billion in annual revenue through the business

OpenAI Appoints Veteran AI Safety Professor Zico Kolter To Board

OpenAI Appoints Veteran AI Safety Professor Zico Kolter To Board

Reuters | Friday August 09, 2024

Kolter, whose work predominantly focuses on AI safety, will also join OpenAI board's safety and security committee, alongside CEO Sam Altman, amid growing concerns on AI safety, with models becoming more powerful.

Dell To Layoff Workers In Sales Team Reorganization With New AI-Focused Unit

Dell To Layoff Workers In Sales Team Reorganization With New AI-Focused Unit

Brody Ford, Bloomberg | Thursday August 08, 2024

Dell previously announced a major workforce reduction in early 2023, shedding 13,000 jobs in that fiscal year.

TikTok Maker ByteDance Launches Text-To-Video AI App Rivaling OpenAI's Sora

TikTok Maker ByteDance Launches Text-To-Video AI App Rivaling OpenAI's Sora

Reuters | Wednesday August 07, 2024

The launch of a text-to-video model by the parent of short video app firm TikTok follows a series of similar model releases in recent months in China.

Google To Partner With Andhra Pradesh For AI Applications

Google To Partner With Andhra Pradesh For AI Applications

Indo-Asian News Service | Wednesday August 07, 2024

Google will partner with Andhra Pradesh in providing Artificial Intelligence (AI) applications in sectors like agriculture, healthcare, sustainability, skill development and startup ecosystems

Swiss Firm Launches AI-Powered Hearing Aid, World's First Such Product

Swiss Firm Launches AI-Powered Hearing Aid, World's First Such Product

Reuters | Tuesday August 06, 2024, Gdansk, Poland

Switzerland's Sonova on Tuesday introduced a hearing aid that utilises real-time artificial intelligence to improve speech clarity from background noise, the first such product in the global market.

Elon Musk Revives Lawsuit Against OpenAI, CEO Sam Altman

Elon Musk Revives Lawsuit Against OpenAI, CEO Sam Altman

Reuters | Monday August 05, 2024

Billionaire Elon Musk revived a lawsuit against ChatGPT maker OpenAI and its CEO Sam Altman on Monday, saying that the firm put profits and commercial interests ahead of the public good.

Inbred, Gibberish Or Just MAD? Warnings Rise About AI Models

Inbred, Gibberish Or Just MAD? Warnings Rise About AI Models

Agence France-Presse | Monday August 05, 2024

The ultimate concern is that AI-generated content could take over the web, which could in turn render chatbots and image generators useless

Meta Is Offering Hollywood Stars Millions For AI Voice Projects

Meta Is Offering Hollywood Stars Millions For AI Voice Projects

Lucas Shaw, Bloomberg | Monday August 05, 2024

Negotiations between Meta and some talent representatives have stopped and started many times because the parties can't agree on terms for use of the actors' voices.

Striking U.S. Video Game Actors Say AI Threatens Their Jobs

Striking U.S. Video Game Actors Say AI Threatens Their Jobs

Reuters | Friday August 02, 2024

The decision to strike follows months of negotiations with major videogame companies including Activision Productions, Electronic Arts, Epic Games, Take-Two Interactive, Disney Character Voices and Warner Bros Discovery's WB Games.

Meta Just Launched The Largest 'Open' AI Model In History. Heres Why It Matters

Meta Just Launched The Largest 'Open' AI Model In History. Heres Why It Matters

Press Trust of India | Friday August 02, 2024

In the world of AI, a battle is underway. On one side are companies that believe in keeping the datasets and algorithms behind their advanced software private and confidential. On the other are companies that believe it should be made public.

Amazon Set To Join Big Tech's Spending Surge As AI Race Heats Up

Amazon Set To Join Big Tech's Spending Surge As AI Race Heats Up

Reuters | Thursday August 01, 2024

As a result of the spending increase, Amazon's gross profit margin growth is expected to have slowed to 1.3% in the April-June quarter, compared with 2.6% in the previous quarter and an average of 2.7% over the past two years.

OpenAI May Post $5 Billion Loss This Year, Run Out Of Cash In 12 Months: Report

OpenAI May Post $5 Billion Loss This Year, Run Out Of Cash In 12 Months: Report

Written by Zaid Nazir | Thursday August 01, 2024

OpenAI is projected to earn between $3 billion to $4.5 billion in 2024, leaving behind a deficit of $5 billion in losses: The Information

OpenAI Says Dedicated To Safety In Letter To US Lawmakers

OpenAI Says Dedicated To Safety In Letter To US Lawmakers

Shirin Ghaffary, Bloomberg | Thursday August 01, 2024

The startup sought to reassure lawmakers of its commitment to safety after five senators raised questions about OpenAI's safety policies.

France Is Using AI Surveillance Systems To Secure Paris Olympics

France Is Using AI Surveillance Systems To Secure Paris Olympics

Written by Zaid Nazir | Wednesday July 31, 2024

The AI system does not collect biometric data, but instead recognises individuals in crowds using unique identification. The algorithm captures and processes the unique physiology of persons and identifies behavior that is suspicious.

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