Indian SaaS startups poised to create 100 new AI unicorns: Report

Indian SaaS startups poised to create 100 new AI unicorns: Report

Bengaluru: Indian AI software-as-a-service (SaaS) startups are poised for the next wave of innovation, helping create 100 new AI unicorns, a new report showed on Tuesday. The convergence of SaaS, AI and India presents a massive opportunity. However, it’s crucial to recognise that building platforms and models requires significant investment. Therefore, the most promising opportunities … Read more

Apple boosts AI push by buying Canadian startup DarwinAI

Apple boosts AI push by buying Canadian startup DarwinAI

Apple has added another artificial intelligence firm to its portfolio as it furthers its push forward with AI technology. How AI is changing videoconferencing | What’s Next for Zoom? The iPhone and Macbook maker acquired DarwinAI, a Waterloo, Ontario-based AI startup earlier this year, with dozens of employees joining Apple’s AI division, Bloomberg reported. The … Read more

Western monopoly in AI ‘dangerous, and unacceptable’, says Russia’s Vladimir Putin

Western monopoly in AI ‘dangerous, and unacceptable’, says Russia’s Vladimir Putin

 Russian President Vladimir Putin announced a plan to endorse a national strategy for the development of artificial intelligence, emphasizing that it’s essential to prevent a Western monopoly.  Speaking at an AI conference in Moscow, Putin noted that “it’s imperative to use Russian solutions in the field of creating reliable and transparent artificial intelligence systems that … Read more

India’s approach to regulating AI is good, says Andrew Ng

India’s approach to regulating AI is good, says Andrew Ng

Andrew Ng, the founding lead of the Google Brain team and former chief scientist at Baidu, juggles multiple roles as a teacher, entrepreneur, and investor. He is currently the founder of DeepLearning.AI–an edtech company, founder & CEO of Landing AI–a software provider for industrial automation and manufacturing, general partner at AI Fund, and chairman and … Read more

Who is Manu Chopra? 27-year-old Indian on whom Google and Microsoft are relying for their AI success

Who is Manu Chopra? 27-year-old Indian on whom Google and Microsoft are relying for their AI success

Generative artificial intelligence like ChatGPT created a lot of buzz this year with companies rushing to capitalize on the growing demand and make their products better with accurate and reliable data. The frontrunners in the AI race like Microsoft and Google understand the value of quality data to make their AI story a success and … Read more

Citi used generative AI to read 1,089 pages of new capital rules

Citi used generative AI to read 1,089 pages of new capital rules

Citigroup Inc. is planning to grant the majority of its over 40,000 coders access to generative artificial intelligence as Wall Street continues to embrace the burgeoning technology.  As part of a small pilot program, the Wall Street giant has quietly allowed about 250 of its developers to experiment with generative AI, the technology popularized by … Read more

Error-prone AI chatbot dog leads Japan’s elderly astray

Error-prone AI chatbot dog leads Japan’s elderly astray

A cartoon canine AI chatbot designed to cheer up and inform lonely older residents of western Japan is in the doghouse after providing error-laden responses. Powered by generative artificial intelligence, “Dai-chan” was this year launched by Osaka authorities who called it the first of its kind in a country where one in 10 people is … Read more

Apple’s outspending its louder Big Tech competitors on AI

Apple’s outspending its louder Big Tech competitors on AI

Hello, fellow humans! Hope you’re enjoying the new, limited Saturday edition of the Daily Brief, which is focused on AI, though, we promise, written by actual people. Got some questions about AI you’d like answered? Or just some AI hallucinations you’d like to share? Email us anytime. Enjoy! Here’s what you need to know Amazon … Read more

Nvidia stock up over 196% in 6 months as tech stocks rally on AI wave, recoup losses in 2023

Nvidia stock up over 196% in 6 months as tech stocks rally on AI wave, recoup losses in 2023

Nvidia Corp has led the global rally picked up by new-age tech stocks in 2023, rising as high as over 196 per cent in the first six months after artificial intelligence (AI) took center-stage this year. AI opened up a Pandora’s Box of possibilities for new age tech stocks, with Nvidia riding the wave furthest … Read more

Content Farms Are Using AI Chatbots to Plagiarize News Outlets

Content Farms Are Using AI Chatbots to Plagiarize News Outlets

Online content farms are using AI chatbots to “scramble and rewrite” thousands of news stories from major publications like The New York Times and republish them to earn advertising revenue, according to a new report from misinformation monitor NewsGuard. The stories, which often repurposed entire lines directly from other articles without credit, were found on … Read more