AI WAR
Hedge funds turn to South Korea for next wave in AI
Hedge funds, including FengHe and CloudAlpha, invest in South Korea's chipmakers and firms like HD Hyundai Electric. These companies support Nvidia, aided by a 26 trillion won government package, boosting the KOSPI index. Despite the depreciating won and TSMC’s higher multiple, they attract investments amid the Sino-U.S. tech war and U.S. export bans.
China’s robot dogs carrying machine guns to enter the battlefield within two years; here is how it will look
The Chinese who are developing autonomous weapons will soon induct their robot dogs which carry machine guns into the battlefield. This is expected to take place within two years. It has the potential to trigger an arms race in the world.
AI begins ushering in an age of killer robots
The latest iterations of technology enabling drones and other machines to operate autonomously owe their advancements to deep learning, an AI method utilising extensive data for pattern recognition and decision making. Although these systems aren't costly military-grade equivalents from the US, China, and Russia, their affordability, priced at just thousands of pounds or less, and widespread accessibility mark a significant development.
Ukraine brings AI weapons to front lines
Ukrainian tech firms are pioneering autonomous drone technology, leading to the development of deadly tools that can interpret real-time video footage. The region's innovation race is fueled by advancements in deep learning and artificial intelligence, turning drones into lethal weapons capable of autonomous attacks.
Technology a golden thread that binds enterprise' work to future world; AI strengthens it: Anand Mahindra
Anand Mahindra said the future belongs to those who can creatively weave this golden thread into a value-enhancing business tapestry. Penning down his thoughts in the annual report 2023-24 of Tech Mahindra, the billionaire businessman said it is impossible to talk about any business without technology.
MCA probe report on Byju’s; Walmart on Flipkart, PhonePe profitability
An investigation by the central government into Byju's cleared the edtech firm of financial fraud charges, according to a report by Bloomberg. The Ministry of Corporate Affairs, however, denied it on Wednesday evening. This and more in today's ETtech Top 5.
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AI drinks energy up - quantum computing will work to our advantage, but the tech is new
The rapid advancement of computing over the past 70 years, driven by increases in computing power, has revolutionized various sectors such as banking, communication, healthcare, product design, and warfare. Semiconductor chip technology plays a crucial role in this growth. However, the future of computing faces a significant challenge due to the increasing power needs of AI innovations like ChatGPT. This surge in demand poses a threat to the sustainability of global energy resources and the environment.
Prosus writes off Byju's stake; Swiggy, PayU India report card
Dutch investment major Prosus said its investment in Byju’s is worth zero. This and more in today’s ETtech Top 5.
Discounting wars in quick commerce; tax relief for ecommerce suppliers
The recent funding raised by Zepto may trigger a discounting war in the quick commerce space. This and more in today’s ETtech Morning Dispatch.
Outbreak of World War 3 is less than 24 hours away; here is how you can protect yourself
An Indian astrologer has predicted the outbreak of World War 3 as tensions rise across the world. There is a survival kit for the residents of Britain.
Pope Francis calls at G7 for ban on 'lethal autonomous weapons'
Pope Francis called on Friday for a ban on "lethal autonomous weapons", when he addressed the G7 leaders' summit in Italy on the perils of artificial intelligence. "In light of the tragedy that is armed conflict, it is urgent to reconsider the development and use of devices like the so-called 'lethal autonomous weapons' and ultimately ban their use," the pope said.
China to dominate final day of G7, Pope to lead AI discussions
The G7 leaders are concluding their annual summit with a focus on discussions about China, with a historic session featuring Pope Francis delving into the topic of artificial intelligence (AI). Alongside the Pope, ten other heads of state and government, such as the Prime Minister of India and the King of Jordan, are participating, as the G7 seeks to demonstrate inclusivity by inviting external voices into its deliberations, shedding its image as an exclusive club.
AI to 'transform' gaming but costly, says Ubisoft CEO
Speaking at a Los Angeles event showcasing upcoming releases, Yves Guillemot said generative AI, or Gen AI, could make open-world games like Ubisoft's blockbuster "Assassin's Creed" franchise feel even "more alive."
TSMC says it has discussed moving fabs out of Taiwan, but such a move impossible
TSMC, a Taiwanese chipmaker, discussed moving its fabrication plants off the island amid tensions with China, but deemed it impossible due to 80-90% production capacity in Taiwan.
Sinking profits bring reality check to AI-driven rally in emerging market stocks
Unilever Plc’s Indian unit reported a 5.5% drop in net income for the first quarter, missing analyst estimates. Behind the decline was sluggish rural demand combined with high net-worth urban consumers pivoting to other brands. Similar trends can be seen elsewhere, with Chilean retailer Cencosud SA, restaurant chain operator Yum China Holdings Inc. and Swiss-South African jeweler Compagnie Financiere Richemont SA all delivering weaker-than-expected results.
Meta identifies networks pushing deceptive content likely generated by AI
Meta found 'likely AI-generated' content on Facebook and Instagram, including comments praising Israel's handling of the Gaza war. The content was attributed to a Tel Aviv-based political marketing firm, STOIC.
'All Eyes on Rafah': Tagline goes viral on social media amid Israel-Hamas War
An AI image is doing the rounds on social media that shows multiple refugee tent camps on a barren land. Millions of users have shared the image across the globe to highlight the plight of Palestinians amid the Israel-Hamas War.
US intelligence agencies' embrace of generative AI is at once wary and urgent
A Silicon Valley firm used generative AI in the Sable Spear operation to analyze Chinese fentanyl trafficking data, surpassing human analysis. It predicted Russia's invasion of Ukraine and alerted government customers to North Korean missile launches. U.S. intelligence agencies are exploring AI for geospatial intel and assessing AI missions.
Can we rid artificial intelligence of bias?
Artificial intelligence built on mountains of potentially biased information has created a real risk of automating discrimination, but is there any way to re-educate the machines? The huge models on which ChatGPT is built "can't reason about what is biased or what isn't so they can't do anything about it," cautioned Jayden Ziegler, head of product at Alembic Technologies.
A revenge of the fifth: Recovering the lost ‘antriksh ke veer’ through AI
Star Wars Day, May 4, and Revenge of the Fifth, May 5. Oliver Huber talks about 'Antriksh Ke Veer,' a blend of Star Wars and Bollywood. The AI artist creates images resembling iconic Star Wars characters using AI software.
An AI-controlled fighter jet took the Air Force leader for a historic ride. What that means for war
AI marks one of the biggest advances in military aviation since the introduction of stealth in the early 1990s, and the Air Force has aggressively leaned in. Even though the technology is not fully developed, the service is planning for an AI-enabled fleet of more than 1,000 unmanned warplanes, the first of them operating by 2028.
Talent AI-volution: Can AI adoption dent India's tech edge?
India is the tech powerhouse of the world, known for its engineering prowess. But can the widespread adoption of AI, which will lead to significant automation, dent India’s talent edge? Annapurna Roy and Beena Parmar report.
First major attempts to regulate AI face headwinds from all sides
Lawmakers are tackling AI bias challenges with impact assessments, supported by industry groups like TechNet. Concerns exist over companies self-reporting discrimination risks, highlighting the need for transparency and accountability.
Google fires workers protesting $1.2 billion contract to provide Israel AI, cloud services through Project Nimbus
Google has fired 28 employees for protesting against Project Nimbus, a $1.2 billion deal with Amazon to provide AI services to Israel. The protests, led by No Tech for Apartheid, included sit-ins at Google offices. Google cited policy violations, sparking debate over employee activism and tech companies' handling of dissent.
'Civil War': Artificial Intelligence tools make mistakes in creating images, trigger uncivil war. Know in detail how AI failed
The five images at the center of the controversy in the 'Civil War' ad campaign include the Sphere in a blackened wreck amid a smoldering Las Vegas, a floating gun unit in a lake outside Los Angeles, troops on patrol in San Francisco, a Miami street in ruins and tour boats full of refugees on the Chicago River.
Know about 'living Nostradamus', who has predicted beginning of World War III, pandemic worse than Covid-19
Brazilian self-proclaimed psychic Athos Salome, known as the 'living Nostradamus' has predicted a global conflict, that will be triggered by a new threat, different from the wars in Ukraine and Gaza at present. Salome claims the threat will come from an event in the South China Sea or a major cyberattack.
You can now chat with World War II veterans with the help of AI at this museum!
The Voices From the Front interactive station was unveiled Wednesday as part of the opening of the museum's new Malcolm S. Forbes Rare and Iconic Artifacts Gallery, named for an infantry machine gunner who fought on the front lines in Europe. Malcom S. Forbes was a son of Bertie Charles Forbes, founder of Forbes magazine.
In latest AI war escalation, Elon Musk releases chatbot code
By opening the code up for everyone to view and use -- known as open sourcing -- Musk waded further into a heated debate in the AI world over whether doing so could help make the technology safer, or simply open it up to misuse.
AI talent war heats up in Europe
The competition for technical talent in Europe's AI industry is heating up as startups like OpenAI, Cohere, and Anthropic vie for the same pool of talent as Google DeepMind. The influx of foreign AI firms and rising salaries have intensified the battle for the region's best minds.
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