AI Edition - It's AI Time - 20 [04-05-2024]

AI Edition - It's AI Time - 20 

Total funding for Indian AI startups saw more than 71% dip in 2023: Report

Indian AI startups are experiencing reduced funding with shrinking deal sizes, dropping from $599 million in 2022 to $168.4 million in 2023, a 71% decline. Despite global AI funding reaching $50 billion in 2023, average deal sizes in India fell from $14.7 million in 2022 to $7.1 million in 2023, showing signs of recovery at $10.6 million in 2024 (until May 3).


Danger and opportunity for news industry as AI woos it for vital human-written copy

AI companies like OpenAI over the use of copyrighted material for training language models. OpenAI's deals with publishers like the Financial Times aim to enrich AI experiences with real-time journalism, despite legal challenges from some publishers like The New York Times. The dynamic underscores the evolving relationship between media and AI, driven by the need for high-quality data in developing advanced AI models.


AI to check malpractices in NEET UG exam

In a first for NEET UG 2024, exam centres will use AI-based tools to detect cheating behaviors in real-time using CCTV recordings, flagging suspicious activities like unusual movement or interactions. AI is also used post-exam to verify candidate identities by matching live photos with those submitted in applications. Over 23.8 lakh candidates from across India have applied for the exam, with over 70,000 applicants from Telangana.


Can AI help tablets grow like PCs & smartphones this year?

As AI continues to revolutionize personal computing and mobile experiences globally, its impact on the slow growth of tablets remains uncertain. Despite a slight recovery in global tablet shipments in Q1 this year, sustained competition from PCs and smartphones poses challenges for tablet market growth. Apple and Samsung, key players in the tablet market, are expected to introduce new models to stimulate demand amid ongoing market pressures.

Location: Padi Pudhu Nagar Main Rd & 12th St, Kamaraj Nagar, Anna Nagar West, Anna Nagar West Extension, Chennai, Tamil Nadu 600050, India

Comments

Post a Comment

Popular posts from this blog

AI Edition - It's AI Time - 231 [02-12-2024]

AI Edition - It's AI Time - 231   Elon Musk Seeks to Block OpenAI's For-Profit Conversion Again: Elon Musk's legal team has filed a motion to prevent OpenAI from transitioning to a for-profit model citing alleged antitrust violations and financial risks. The motion claims CEO Sam Altman's actions could leave the company unable to pay damages if Musk wins his lawsuit. Perplexity mulls getting into hardware: Perplexity's CEO plans to develop a "simple, under $50" AI device for voice-to-voice interactions. This aligns with a broader trend of AI startups exploring hardware to enable new interactions, although historical challenges in AI hardware highlight risks. Perplexity, with substantial funding, aims to avoid pitfalls faced by others like Humane's Ai Pin. Inflection AI CEO says it's done trying to make next-generation AI models: Inflection AI shifted its focus from developing cutting-edge AI models to providing AI tools for enterprise customers,...
Read more

AI Edition - It's AI Time - 16 [30-04-2024]

  OpenAI Introduces “Memory” Feature For ChatGPT Plus Users OpenAI has launched a new "Memory" feature for ChatGPT Plus users, allowing the AI to retain information across conversations, which can be managed via settings. Binding Public Sector AI Diffusion The OMB's new AI executive order policy aimed at the public sector could severely impede AI innovation due to stringent safety provisions and bureaucratic hurdles. Implemented amidst shrinking IT budgets, the regulations may not only slow AI deployment but also potentially halt projects crucial for modernizing government services. Critics worry that these constraints, coupled with funding cuts, could prevent agencies from keeping pace with technological advances in fields like healthcare. Bizarre AI Camera Turns Images Into Sonnets and Haiku Poetry Camera is an open-source passion project that generates poetic descriptions of scenes based on visual input received via its lens. Equipped with a Raspberry Pi device to capt...
Read more

AI Edition - It's AI Time - 140 [02-09-2024]

AI Edition - It's AI Time - 140 Workers at Google DeepMind Push Company to Drop Military Contracts Nearly 200 Google DeepMind employees signed a letter urging Google to terminate military contracts, claiming a violation of the company's own AI ethics principles. DeepMind technology has been bundled into Google Cloud and sold to militaries, sparking internal conflict with AI staff who value ethical standards. Google's response demonstrated an adherence to AI Principles, but workers remain unsatisfied, seeking stronger governance against military use of their AI. Apple's robotics work aims to solve user's first-world problems Apple may be expanding into robotics, potentially introducing devices that move, such as an iPad mounted on a robotic arm. Headed by VP of Technology Kevin Lynch, Apple's robotics efforts are progressing with the help of experts from firms like Israel's Technion, and propose to include AI interfaces beyond Siri. While still conceptual, Ap...
Read more