GENERATIVE AI SPACE
AI supercharges data centre energy use-straining the grid and slowing sustainability efforts
According to the Electric Power Research Institute, a nonprofit research firm, at 2.9 watt-hours per ChatGPT request, AI queries require about 10 times the electricity of traditional Google queries. Data centres have continuously grown for decades, but the growth in the still-young era of large language models has been exceptional.
Prompts and the art of earning in times of AI
Digital artists are leveraging AI prompts to enhance their income by selling unique prompts on various online marketplaces. Prompt engineering plays a crucial role in translating human intent into AI-generated art. Competition in the market is increasing, challenging artists to stay innovative.
Should you be rushing to pick up the latest AI smartphone?
Samsung leads the smartphone industry with cutting-edge genAI features, while Apple introduces the groundbreaking Apple Intelligence. Sundar Pichai unveils the innovative Gemini AI assistant, and Craig Federighi presents Apple Intelligence, reshaping the future of smart devices with powerful generative models.
Apple poised to launch its late start in the AI race with ambitions to overtake the early leaders
The widely anticipated display of AI to be embedded in the iPhone and other Apple products will be the marquee moment at an event that traditionally previews the next version of software that powers the company's hardware lineup.
Explainer: Why the few big AI players worry US antitrust regulators
U.S. antitrust enforcers are investigating Big Tech's impact on the AI sector, looking into potential competition issues. Key concerns include data access advantages, impact on workers, and partnerships with Big Tech firms.
Meta says generative AI deception held in check — for now
Social media giant Meta says its bid to thwart coordinated disinformation campaigns created through ever-improving generative AI is working, despite widespread concerns. Meta said it had seen "threat actors" put AI to work to create bogus photos, videos, and text, but no realistic imagery of politicians, according to the report.
AI and ML powering the next generation of personalisation for on-demand apps: Madan Thangavelu, Senior Director, Engineering, Uber
The on-demand service industry relies on mobile apps for user experience (UX) despite limited UI space on smartphones.
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.
Amazon to launch AI-overhauled Alexa with paid plans, CNBC reports
While the e-commerce giant is yet to nail down the price of the new services, a subscription to Alexa will not be included in its popular $139 annual Prime offering, the report said, citing people with knowledge of the company's plans.
All group businesses going through transformation over next couple of years: Shashwat Goenka, RPSG Group
Shashwat Goenka envisions significant growth and transformation across diverse sectors within the RPSG Group. The strategic focus includes retail expansion, innovative health food offerings, client-centric BPO services, and a transition to greener energy sources for sustainable growth.
ET Explainer: Will new Apple iPads play disruptor in the AI era?
Apple announced new iPads, including the iPad Pro and iPad Air, with their own processors for desktop-grade applications. Slimmer and lighter with multiple color options, iPads have evolved to cater to creative professionals and students. Will these upgrades revive the declining segment and position iPads as the go-to device for AI-based content creation?
We are happy that we were able to deliver about 19% growth rate in a challenging environment: Rajan Sethuraman, LatentView Analytics
CEO Rajan Sethuraman discusses sustained growth, challenges in demand, and areas of focus like generative AI space, Microsoft Fabric ecosystem, and consumer vertical traction driving revenue expectations in FY25.
What should investors do with FMCG stocks? Dipan Mehta answers
I think a 10-12% correction in the Nifty where it tests the 200-day moving average is a good entry point. Whether that actually happens, I do not know and I cannot even tell you what the triggers could be apart from aside of slightly disappointing election result.
Met Gala 2024: Did Katy Perry visit the event? Know truth behind her viral pictures
Katy Perry recently shared a few pictures on her Instagram handle which became an instant online sensation as her fans assumed that she was indeed attending Met Gala 2024.
Pine Labs-owned Setu teams up with Sarvam AI to build LLM for financial services
Pine Labs developed Sesame, a large language model for BFSI in India, with Setu and Sarvam AI. Sesame leverages financial data for credit underwriting, fraud detection, loan monitoring, and finance advice, emphasizing the account aggregator framework and Applied AI.
Here's why Anshul Saigal is bullish on manufacturing stocks
Now, we are in a phase today where we are close to, of course, election, markets have rallied before. So, clearly one has to be cautious but this is not a time to be sitting on cash because we really do not know what the event is going to throw up.
Should investors be contra buyers in IT? Rajeev Thakkar answers
In each bull market, there will be pockets of exuberance, but there will be some other pockets which will be out of favour and that is where we tend to look for opportunities.
Google plans to charge for AI-powered search engine: report
According to a report in the Financial Times, Google is looking at a variety of options, including incorporating AI-powered search features to its premium subscription services, which already provide access to its new Gemini AI assistant in Gmail and Docs
Sora is OpenAI's new text-to-video generator: Here's what we know about the tool
OpenAI's Sora, a text-to-video generator, uses generative AI to create high-quality and realistic videos based on written commands. Its introduction marks a significant leap for the industry. However, concerns arise regarding the ethical and societal implications, particularly during the 2024 election cycle.
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