ARTIFICIAL INTELLIGENCE APPS
Why an ‘AI health coach’ won't solve the world's chronic disease problems
Health is an appealing direction for an AI industry that has promised to transform civilisation, but whose huge growth of the past couple of years is beginning to look like it's stalling. Companies and investors have pumped billions into the technology, but it is still often a solution looking for problems.
‘Big Short’ investor Steve Eisman says you have to own big tech
Senior portfolio manager Steve Eisman foresees prolonged strength in US megacap tech stocks driven by AI accessibility. Eisman recommends owning large-cap tech stocks like Apple, Nvidia, Microsoft, and Oracle. Despite concerns about Nvidia's valuation, Eisman remains optimistic about its future earnings growth. He also predicts a Trump victory in November.
Samsung brings tech's latest fashion to wearable technology with AI twists in new watch and ring
The South Korean electronics giant on Wednesday revealed that both its first-ever premium smartwatch and a smart ring heralding its entry into a niche market will include AI features that are supposed to help people monitor and manage their health.
AI bots taking over the Internet? Here's how companies are stopping this intrusion
Artificial intelligence' rise has created some nasty problems for text-based websites, some of whom are complaining that the performance of the internet is diminishing due to AI bots scraping the web for training its systems. Language model system need a lot of text to get trained, and therefore, this has started off what appears to be a long-draw 'text war'.
In India, road accidents claim 19 lives every hour. Can AI make driving safer?
Startups are using AI tools to analyse driver behaviour in an effort to make the operations of fleet operators easier.
AI became the teacher of the year
AI is transforming the landscape of education as lecturers and EdTech platforms across the country utilise the technology for teaching, testing, and assessment. Generative artificial intelligence (AI) tools such as ChatGPT have found their way into Indian classrooms. However, AI also presents potential drawbacks. It may stifle creative thinking among young learners due to an over-reliance on technology.
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AI is bringing back Hollywood voices from the past, but with consent
AI voice startup ElevenLabs, which develops tools and models to regenerate voices in different accents and languages, has secured permission from the estates of deceased Hollywood actors to use their voices for its app Reader. This app takes online content like newsletters, articles, PDF files and converts them into voice-overs.
YouTube makes it easier to take down AI deepfakes
This shift indicates that YouTube now considers deepfakes primarily a privacy issue rather than just a content moderation challenge. One can now submit a request to YouTube to take down deepfakes through the privacy request process. In India, discussion on deepfakes gained momentum after a short clip of actor Rashmika Mandanna went viral last year.
Google Translate to soon add 110 languages with help of AI
Google Translate will soon use its large language model PaLM 2 to support 110 languages, its largest expansion ever. The tech now supports 243 languages in total.
Baidu launches upgraded AI model, says user base hits 300 million
The new model will be accessible to the public via web and mobile app interfaces, with developers able to integrate the technology through Baidu's Qianfan AI platform, the company's Chief Technology Officer Wang Haifeng said at a corporate event.
AI set to revolutionize global banking, boosting profits by $170 billion by 2028: CITI report
The report highlighted AI's role in combating financial fraud. While countries like the European Union, China, and Singapore have emerged as early adopters of AI regulation in finance, the United States has taken a cautious approach, lagging behind in regulatory initiatives. India, on the other hand, has shown a fluctuating stance on AI governance.
AI app evaluation platform Maxim AI raises $3 million
Maxim AI serves clients in sectors such as software-as-a-service (SaaS), banking, healthcare, and edtech. The company will use fresh capital to expand team and scale operations to partner with more enterprises developing AI products. In fiscal year 2025, the company is focusing on its go-to-market strategy and expanding its platform, which includes proprietary evaluators and a robust data engine.
You.com startup is raising $50 million as it targets AI-assistant market
Similarweb dat shows You.com received 11 million visitors in May, marking an increase in web traffic for the year. However, this figure remains below its peak of 20 million visitors in February 2023. Following ChatGPT's role in ignited interest in You.com's AI-powered search engine in early 2023, some users have since started exploring other options.
Global audiences suspicious of AI-powered newsrooms, report finds
Newsrooms globally are working to address a new challenge with generative artificial intelligence, as tech giants and startups like Google and OpenAI build tools that can offer summaries of information and siphon traffic from news websites.
CEO fraud: For bigger catch, cybercrooks turn pros, go phishing for whales
Phishing attacks have become more sophisticated, with cybercrooks using social engineering to impersonate top corporate executives and trick employees into sending money. Fraudsters are also using artificial intelligence, launching bot-based attacks, and studying social media profiles to craft convincing mails. Akshay Garkel from Grant Thornton Bharat highlighted the need for improved security awareness levels to combat cyber attacks effectively. Educational institutes like IIMs have also faced impersonation scams, leading to the implementation of stricter systems.
Amazon pledges $230 million to boost generative AI startups
The initiative will offer early stage companies AWS cloud computing credits, mentorship, and education to enhance their use of AI and machine learning technologies, according to the company. Participating startups will gain access to AWS computing, storage, database, and custom AI chip services through these credits.
Why the stock market has risen even with no Fed rate cuts
Even without any interest rate cuts so far in 2024 and with the likelihood of just one meager rate reduction by the end of the year -- the stock market has been purring along. That's quite an achievement, given the expectation in January that the Fed would trim rates six or seven times in 2024 -- and that interest rates throughout the economy would be much lower by now.
Amazon pledges $230 million to boost generative AI startups
Cloud computing giant Amazon Web Services on Thursday announced a $230 million commitment aimed at accelerating the development of generative artificial intelligence applications by startups worldwide. The training of generative AI models behind apps such as ChatGPT requires an immense amount computing power that quickly depletes the cash reserves of startups.
Apple beats Microsoft to return as world's most valuable company
In the previous session, Apple shares soared to an all-time high following the unveiling of a range of AI-enabled features and software enhancements for its devices. Analysts believe these innovations will drive increased iPhone sales.
Apple shares rally to record high as new AI features promise sales boost
At its annual developer event that kicked off on Monday, Apple unveiled an improved Siri virtual assistant that can answer a wider range of queries and accomplish more complicated tasks than earlier, and several AI features across its apps that will be shipped with the latest operating systems for iPhones, iPads and Mac computers.
Welcome to the era of the AI smartphone
Apple and Google are set to release major software updates this fall, focusing on reinventing smartphones with artificial intelligence. Apple announced enhancements to iOS 18, including a revamped Siri powered by Apple Intelligence. Google introduced Gemini Nano, an AI assistant for Pixel phones. Both companies are aiming to improve messaging capabilities between iPhones and Androids.
Welcome to the era of the AI smartphone
At its annual software developer conference Monday, Apple showed a host of enhancements coming this fall to iOS 18, its operating system powering iPhones. The new tools include a revamped version of its voice assistant, Siri, that is easier to talk to and an AI system that will generate images, create summaries of web articles and craft responses to text messages and emails.
AI to arrive on Apple iPhone: Interesting things you can do now without it
With the Worldwide Developers Conference in progress, there is a lot of hype around Artificial Intelligence (AI), which is set to arrive on the Apple iPhone next, but there are some interesting features that are already present on your iPhone if you have the iOS 17 installed on your device. What are they? Keep reading to know more.
Google is using AI to answer your health questions. Should you trust it?
Google AI Overviews, utilizing generative AI, presents search answers with a mix of reputable and commercial sources. Experts raise concerns about accuracy and clarity in medical responses, emphasizing the need for critical evaluation and reliance on trusted sources.
Wipro teams up with Centre for Brain Research at IISc on AI-driven health behaviour innovations
Wipro partners with Centre for Brain Research to utilize AI, ML, and big data analytics for health behavior innovations.
Cats on the moon? Google's AI tool is producing misleading responses that have experts worried
Google's AI-powered search engine now provides instant answers, but errors like fake facts and debunked theories are causing concern. Experts warn of bias, misinformation, and potential dangers, especially in emergency situations.
Elon Musk wants to keep this Windows feature always off and why he called it 'Black Mirror'
Microsoft CEO Satya Nadella introduced "Recall," an AI tool that continuously takes screenshots to enhance productivity by providing a photographic memory-like capability. Elon Musk criticized the tool for privacy concerns, calling it a "Black Mirror episode." Despite Microsoft's assurances of robust privacy settings, the tool has sparked significant public backlash and ongoing debates about ethical AI use.
India ahead of advanced countries like Germany & Australia in AI adoption and innovation: Report
India emerges as a frontrunner in AI adoption and innovation, according to a recent report by NetApp. While India, Singapore, the UK, and the US lead in AI implementation, Spain, Australia, and Germany lag behind. Surveying 1,300 executives across ten nations, the report reveals that 60% of leading countries have operational AI projects, compared to 36% in lagging countries. This divergence emphasizes AI's pivotal role in economic growth and competitiveness.
View: GenAI to end era of smartphone, apps and search. Can the Big Tech adapt to the age of AI?
The emergence of AI technologies like Rabbit r1 and Ai Pin marks a significant shift from smartphones to AI-based devices. This shift poses a challenge to industry giants like Apple and Google, pushing them to adapt to the evolving landscape of technology.
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