5 Minutes Read

Apple & Google may partner to bring Gemini AI to iPhones, Macs & more: Report

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Apple and Google may collaborate to integrate Google’s Gemini AI into Apple’s products, addressing AI challenges and sparking market interest — and offering food for thought to OpenAI CEO Sam Altman.

Apple and Google, two tech giants grappling with AI challenges, might be on the brink of a transformative collaboration, potentially integrating Google’s Gemini AI into Apple’s product ecosystem, according to a report by Morning Brew. While this development could trigger concern for OpenAI CEO Sam Altman, it presents a promising solution to the generative AI hurdles faced by both companies.

The prospect of Apple licensing Google’s Gemini AI for its iPhones and other devices with the upcoming iOS 18 could address the ongoing struggle of both companies in the AI domain. Bloomberg’s disclosure of these discussions sparked notable market reactions, with Alphabet shares surging over 7% and Apple’s climbing more than 2%, albeit relinquishing some gains by market close.

This potential collaboration wouldn’t be their first joint venture, as Google reportedly pays Apple a substantial $18 billion annually for its role as the default search engine on Apple devices. Embracing Gemini could offer mutual benefits, aiding both companies in narrowing the gap against OpenAI, which has seemingly surged ahead in the AI race.

Also read: Indian workers with AI skills could see salary hikes of over 54%, finds survey — Should you enroll?

Morning Brew stated in its report that for Apple, such a partnership could be a strategic move to reshape investor perceptions regarding its AI capabilities. Despite Tim Cook’s recent assertion of significant AI investments, Bloomberg suggested that Apple’s AI offerings still lag behind leading models. However, Apple could leverage its in-house AI for on-device tasks while utilising Gemini’s prowess for more intricate cloud-based features, such as text-to-image generation.

On the other hand, for Google, this collaboration could catapult Gemini to new heights of prominence and competitiveness in a race dominated by ChatGPT.

Should this deal materialise, the widespread adoption of Gemini across over two billion iPhones globally would be a boon. Additionally, it could serve as a platform for reputation restoration, particularly following Gemini’s recent controversy, where it briefly ceased operations due to concerns about generating historically inaccurate images, Morning Brew added.

However, potential obstacles loom on the horizon. Regulatory scrutiny on Big Tech firms could hinder the progression of this partnership, especially considering the ongoing Department of Justice lawsuit concerning Google and Apple’s search engine deal. Further, while Apple has explored the possibility of incorporating OpenAI’s model, the final decision probably hinges on the Apple Worldwide Developers Conference in June, Morning Brew said.

In essence, the prospective integration of Google’s Gemini AI into Apple’s product lineup symbolises a convergence of tech titans in pursuit of AI excellence.

Also read: Apple says its complying with EU’s Digital Markets Act amid criticism

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Indian workers with AI skills could see salary hikes of over 54%, finds survey — Should you enroll?

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Employees want to learn AI and companies want to hire AI-skilled people. In fact, hiring AI-skilled talent is a priority for more than nine in ten (96%) Indian employers. However, according to a survey, 79% of them can’t find the AI talent they need.

About a year back, people were a bit threatened by what if tools like ChatGPT or Google Bard took away their jobs. That conversation has come a long way in the past year and the focus is now on what these artificial intelligence tools can do to make work easier, quicker and better and how one can benefit from these AI skills. Have you recently considered enrolling in an AI course?

A new survey by AWS and Access Partnership has found that when AI is fully harnessed, Indian workers with AI skills and expertise could see salary hikes of over 54%, with workers in IT (65%), and research and development (62%) enjoying the highest pay bumps.

The survey titled ‘Accelerating AI Skills: Preparing the Asia-Pacific Workforce for Jobs of the Future’ has found that 97% of Indian workers expect their AI skills to have a positive impact on their careers, including increased job efficiency, and career advancement.

Age and gender no bar

Almost all employees want the best of AI. As per the survey, 95% of Gen Z, 96% of Millennials, and 93% of Gen X workers want to acquire AI skills.

Not just that 90% of baby boomers—a demographic usually contemplating retirement—say they would enrol in an AI upskilling course “if it was offered.”

AI and the five-year plan

Almost all employers (99%) envision their companies becoming AI-driven organisations by 2028. While most employers (97%) believe their finance department will be the biggest beneficiary, they also foresee IT (96%), research and development (96%), sales and marketing (96%), business operations (95%), human resources (94%), and legal (92%) departments driving significant value from AI.

While the top skill that employers in India demand today and in five years is AI and machine learning development, workers in India rank AI development and the usage of AI-powered tools as the most important skills they want to develop by 2028, the survey has revealed.

“54% of workers report AI development as the top five skills they want to develop by 2028… Creative thinking/design, critical thinking, as well as ethics and risk management, will be the top three skills organizations in India need to embrace AI,” the report added.

Also Read: LinkedIn report advocates for upskilling to navigate the changing work landscape

The AI challenge

Employees want to learn AI and companies want to hire AI-skilled people. Hiring AI-skilled talent is a priority for more than nine in ten (96%) Indian employers. However, according to the survey, 79% of them can’t find the AI talent they need.

Hence, the research reveals a looming AI skills gap which must be bridged to ensure India is well-positioned to unlock the full productivity benefits of AI. The research also uncovers a training awareness gap, whereby 91% of employers indicated that they don’t know how to run an AI workforce training programme.

Meanwhile, 86% of workers said they aren’t sure about relevant career paths where AI skills are useful.

Also Read: India can be in a sweet spot if workforce builds AI skills, says Great Learning

The situation is similar in the other Asia Pacific countries. According to the AWS-Access Partnership survey, 74% of workers in APAC, 83% in Malaysia, and 81% in Thailand also indicated a lack of knowledge of possible career paths where AI skills would be useful as the top barrier.

Almost 15,000 workers and 5,000 employers were surveyed across nine countries in APAC (Australia, India, Indonesia, Japan, Malaysia, New Zealand, Singapore, South Korea, and Thailand). Over 1,600 workers and 500 employers were surveyed in India.

Also Read: TCS aims to train entire staff with Gen AI skills

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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NVIDIA-Yotta deal marks India’s biggest AI bet yet

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

Yotta and its 52-year-old CEO are buying thousands of Nvidia chips to offer AI capabilities in the country

It’s a sultry March evening in the suburbs of Mumbai and a group of men hovers anxiously at the back gate of a startup called Yotta Data Services. They pace, pause and fret. It’s approaching midnight, 10 hours late, when a truck pulls up with the precious cargo they’ve been waiting for: semiconductors from NVIDIA Corp.

The company’s products are so coveted because they’re essential for the development of artificial intelligence, the technology that’s set off a frenzy in industries around the world. While companies like OpenAI and Google have poured billions of dollars into such chips in the US, Yotta is making India’s largest bet yet on the promise of AI.

Sunil Gupta, chief executive officer and co-founder, has gotten a jump on the country’s better-known technology players and conglomerates in part because of the relationship he’s forged with Jensen Huang, NVIDIA’s celebrity CEO. Yotta is expected to feature at Nvidia’s developer conference Monday in California, an early example of the potential for AI in markets beyond the US.

“I’m ambitious, I’m hungry,” said Gupta, 52. “I’m willing to take a bet on the future of AI.”

Yotta’s strategy is to offer high-performance computing capabilities from data centres in India so the country’s corporations, startups and researchers will be able to develop their own AI services. NVIDIA’s chips, the most advanced on the market, are essential for training large language models and building applications like OpenAI’s ChatGPT and Microsoft Corp.’s coding assistant, GitHub Copilot. Gupta figures he’s got an edge over cloud computing services outside the country because of latency issues, and he vows to offer the least expensive access to NVIDIA AI chips in the world. He’s even considering letting Indian startups with tight budgets give him equity instead of cash.

Demand is on his side. The global AI market is projected to grow from $168.5 billion in 2022 to over $2 trillion by 2032, according to a report by Spherical Insights & Consulting.

“This is a gold rush,” said Stacy Rasgon, an analyst at Sanford C. Bernstein. “It’s still the early days of AI, and companies just can’t buy enough of this stuff.”

NVIDIA’s Rise

The chipmaker’s stock has soared with demand for AI services (Market capitalization)

The new era got off to a rocky start this month in India. The country’s customs officials were flummoxed by the unusually high value of the NVIDIA chips that Yotta had purchased, leading to requisitions of additional paperwork and bureaucratic approval. Back in his data centre outside Mumbai, Gupta paced the marble floors of the lobby for the better part of a day, working the phones to get his chips released.

The delivery truck finally pulled up and workers unloaded the first of more than 4,000 H100 chips that Yotta ordered from NVIDIA. The beefy graphics processing units, or GPUs, run $30,000 to $40,000 each and are called Hoppers in a nod to computer science pioneer Grace Hopper.

The delivery was a religious experience for Gupta, quite literally. A priest adorned the boxes with red vermilion marks and strings of yellow chrysanthemum flowers, while hymns in ancient Sanskrit filled the night air. A camera-carrying drone recorded as Gupta symbolically smashed a coconut on the floor near the truck. “It’s a dream moment,” he said, amid exploding party poppers.

The delivery ceremony. (Image: Bloomberg)
Workers unload the first of more than 4,000 H100 chips that Yotta ordered from NVIDIA. (Image: Bloomberg)

Yotta’s haul of Nvidia chips, which will reach about 20,000 by June, isn’t huge by global standards. Tech giants like Microsoft Corp purchase them by the tens of thousands, and Meta Platforms Inc.’s Mark Zuckerberg said he aims to get 350,000 H100s by year-end. Still,NVIDIA’s supply is far short of demand so CEO Huang has to calibrate allocations as corporate titans and heads of state press for allotments.

India is getting special attention. In September, Huang met with Prime Minister Narendra Modi and said he would prioritise any orders from data centre operators in country. “You have the data, you have the talent,” Huang said at the time. “This is going to be one of the largest AI markets in the world.”

The next day, Gupta got a call from the NVIDIA team asking him if he could meet the CEO in the western city of Pune. Though it was late evening and the meeting would be the next morning, Gupta quickly agreed. He jumped in his car and drove three and a half hours through the night for the confab. It was a demonstration that Yotta would go above and beyond.

Gupta has serious bona fides in the field. He’s been working for decades on data centre businesses and co-founded Yotta in 2019 with the backing of real estate billionaire Niranjan Hiranandani. As a cloud computing operator, Yotta offers companies like Wells Fargo & Co access to data storage and computing power they can scale up or down as needed, without buying and installing their own hardware.

Tata Group and Reliance Industries Ltd, two of the country’s largest conglomerates, plan to develop AI infrastructure too, but have yet to order Nvidia’s most advanced chips.

As a cloud computing operator, Yotta offers companies access to data storage and computing power they can scale up or down as needed. (Image: Bloomberg)

An NVIDIA spokeswoman declined to comment on the specifics of Yotta’s order, pointing out that more will be revealed this week. Gupta is speaking at NVIDIA GPU Technology Conference, and he has been told Huang will discuss Yotta during his keynote on Monday.

One reason for the attention is a global imbalance in AI. If the technology has the potential to transform virtually every industry, as Huang and Microsoft CEO Satya Nadella argue, then countries like India, Indonesia or Turkey are at risk without access. In India, that could stymie scientific research, startup development and, more broadly, Modi’s ambitions to create a technology superpower. “GPU disparity” is an increasingly popular term for the dilemma.

“Countries who don’t have their own AI infrastructure and models will woefully lose the AI race,” said Umakant Soni, co-founder of a nonprofit AI and robotics research park called ARTPARK.

Gupta sees a clear need to develop India-built AI models, trained with local languages and cultural diversity. “India needs sovereign AI, India needs sovereign models,” he said.

Yotta Data Services’s data cenre in Navi Mumbai. (Image: Bloomberg)

Geopolitics is helping his case. Rising tensions between the US and China have led the Biden administration to levy sweeping controls over the export of technologies to its geopolitical rival, including the very H100 NVIDIA chips Yotta is buying. Cloud providers in the Middle East have also come under scrutiny after a key US lawmaker urged the Commerce Department to probe the Chinese connections of Abu Dhabi-based AI firm G42.

Gupta figures he can supply Indian customers and others in Asia and the Middle East. Yotta already has a half-dozen data centres in four Indian cities and a new one opening in India’s northeast. The entrepreneur named his company after the number eight in ancient Greek, representing one septillion.

“India is playing a bit of catchup,” said Nruthya Madappa, a partner with the venture capital firm 3one4 Capital. “But because of the talent base, we see the catchup being very, very fast.”

The seven-floor data centre outside Mumbai is surrounded by electric fences, equipped with 850 cameras and includes seven layers of security. Mammoth diesel storage tanks hold enough fuel to run the facilities for 48 hours if the power goes out.

Gupta’s partnership with Nvidia mandates such rigid protocols, along with stringent specs for building the AI cloud business. He’s sealed off the facility’s entire sixth floor for that purpose. An NVIDIA team will arrive in the coming weeks to get the network up and running, with a target of starting operations in mid-May. Gupta calls the first H100 cloud service Shakti, the Hindi word for power.

He says he’s sold out capacity for the day his network goes live, and has a waiting list of companies from India and beyond. Gupta is already looking forward to the next delivery of NVIDIA chips, more than 16,000 scheduled for June. He’ll do at least one thing differently though: hire guards since the value of the shipment could run into the hundreds of millions of dollars.

“Security?! I never thought of that!” said Gupta. “A lot of people want these.”

Also read: Nvidia is sued by authors over AI use of copyrighted works

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Europe adopts AI law — everything you need to know

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

The European Union has adopted the AI Act to regulate AI development, emphasising transparency, safety, and consumer awareness. Strict penalties apply for non-compliance.

In a significant move to regulate the ever-evolving field of artificial intelligence (AI), the European Union on Thursday adopted the AI Act. This legislation aims to strike a delicate balance between promoting innovation and mitigating potential risks associated with AI.

Passed by an overwhelming majority in the EU parliament, with 523 votes in favour and 46 against, the AI Act introduces stringent regulations for developers of high-risk AI systems. These regulations target advanced AI models like OpenAI’s GPT-4 and Google’s Gemini, compelling developers to address potential threats such as accidents and cyberattacks.

Also read: Google restricts AI chatbot Gemini from answering queries on global elections

Transparency lies at the heart of the AI Act, requiring AI developers to disclose the data used to train their systems and comply with EU copyright laws. Moreover, high-risk products, including medical devices and educational systems, face additional obligations to ensure safety.

Non-compliance with these regulations carries hefty penalties, The EU can slap AI providers with fines ranging between $8.2 million and $38.2 million, or 1.5-7% of a company’s global turnover, depending on the size of the violation.

The AI Act also emphasises the importance of consumer awareness when interacting with AI technologies. For instance, deepfake images produced using AI must be clearly labelled, and chatbots must disclose that they are AI-powered during interactions.

Certain AI applications, such as predictive policing and emotion recognition systems, have been outright banned in workplaces, schools, and social settings due to their potential risks. Additionally, the law prohibits police officers from using real-time facial recognition technology, except in cases involving serious crimes like rape or terrorism, and under strict judicial oversight.

While Europe takes the lead in AI regulation, discussions on similar regulations are ongoing worldwide, including in countries like China, the United States, and India. The AI Act marks a significant milestone in global efforts to ensure the responsible development and deployment of AI.

Also read: Cabinet approves ambitious ₹10,372 crore India AI Programme

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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HP just introduced a massive lineup of AI-powered PCs

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

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Summary

HP launches the industry’s largest AI PC collection to redefine productivity in hybrid work. The lineup includes AI-enabled Elite and Pro PCs and Z by HP workstations.

Tech giant HP Inc has announced the launch of what it calls the industry’s most extensive collection of artificial intelligence (AI) personal computers (PCs), which leverage the power of AI to “redefine productivity and collaboration” within the evolving landscape of hybrid work environments.

HP’s 2023 Work Relationship Index revealed significant disconnection and digital fatigue among knowledge workers. With only 27% of them reporting a healthy relationship with work, and 83% expressing the need for a redefined approach to work, the introduction of AI-enabled tools and technology becomes crucial to enhance productivity and job satisfaction, a press release stated.

Alex Cho, President of Personal Systems at HP Inc, stated the lineup will create more personalised and meaningful work experiences, “At HP, our mission is to empower companies to capitalise on the power of AI, sparking ambitious and meaningful progress in every organisation.”

Focus on work with AI

HO said its latest generation of AI Elite and Pro PCs, along with Z by HP mobile workstations, were introduced to address the needs of leaders, knowledge workers, and creators. These devices feature Copilot in Windows and Windows 11 Pro, offering high-performance computing solutions designed to power demanding workflows.

pastedGraphic.png
HP Elite x360 1040 14-inch G11 2-in-1 Notebook PC
pastedGraphic_1.png
HP EliteBook 1040 14-inch G11 2-in-1 Notebook PC

Equipped with AI capabilities powered by Intel Core Ultra 5 and 7 processors or next-generation AMD Ryzen PRO processors, these PCs incorporate HP Smart Sense to automatically adjust to user behaviour, providing a balance of performance and power. Enhanced audio and collaboration features, including Poly Studio solutions, contribute to a seamless user experience, the press release added.

The lineup includes the HP Elite 1000 Series G11 Notebook PCs, HP EliteBook 800 and 805 Series G11 Notebook PCs, HP EliteBook 600 and 605 Series G11 Notebook PCs, HP ProBook 400 and 405 Series G11 Notebook PCs, and the HP Elite Small Form Factor 805 G9 Desktop PC.

Z by HP

pastedGraphic.png
HP ZBook Power G11

The Z by HP series of mobile workstations, such as the ZBook Power G11, ZBook Fury G11, ZBook Studio G11, and ZBook Firefly G11, was introduced to tackle the challenges of mobile work and maintain collaboration tools for executing large, complex projects from any location. These workstations feature a broad range of CPUs, including Intel Core Ultra 5, 7, and 9 processors or next-generation AMD Ryzen PRO processors with dedicated NPUs.

HP Security Solutions

Building upon its reputation as the world’s most secure and manageable PCs, HP introduced the world’s first business PCs designed to protect firmware against quantum computer hacks. This feature is powered by HP’s upgraded Endpoint Security Controller (ESC) chip, providing a hardware platform isolated from the processor and OS to reduce the risk of data breaches and improve productivity.

HP AI Creation Centre

HP said it is accelerating the AI era by introducing the HP AI Creation Centre, including Z by HP AI Studio, a comprehensive workstation solution for AI development. Co-engineered with NVIDIA NGC libraries, this solution allows companies to scale compute and AI resources from on-premise infrastructure to the cloud, simplifying the development and customization of private AI models.

Also read: HP unveils ultra-portable PC that folds like a briefcase, priced at ₹1.25 lakh

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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How France plans to use Artificial Intelligence to keep Paris 2024 Olympics safe

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

France tested Artificial Intelligence driven video surveillance technology that will be deployed during the Olympic Games at a Depeche Mode concert this week, calling the exercise a success.

France tested Artificial Intelligence-driven video surveillance technology that will be deployed during the Olympic Games at a Depeche Mode concert this week, calling the exercise a success.

French legislation passed in 2023 permits the use of AI video surveillance for a trial period covering the Games to detect abnormal events or human behaviour at large-scale events.

The technology could be pivotal to thwarting an attack like the bombing at the 1996 Olympics in Atlanta or the Nice truck attack in 2016, officials say.

Rights campaigners warn the technology poses a threat to civil liberties.

WHAT IS AI-POWERED SURVEILLANCE?

Algorithmic video surveillance uses computer software to analyse images captured by video surveillance cameras in real time.

Four companies — Videtics, Orange Business, ChapsVision and Wintics — have developed AI software that use algorithms to analyse video streams coming from existing video surveillance systems to help identify potential threats in public spaces.

The algorithms are trained to detect pre-determined “events” and abnormal behaviour and send alerts accordingly. Human beings then decide if the alert is real and whether to act on it.

WHAT WILL THE ALGORITHMS BE LOOKING FOR?

The law allows for eight different “events” to be flagged by AI surveillance software during the Games that include: crowd surges; abnormally heavy crowds; abandoned objects; presence or use of weapons; a person on the ground; a fire breaking out; contravention of rules on traffic direction.

Within these categories, specific thresholds (number of people, type of vehicle, timing etc) can be set manually to cater for each individual event, location or threat.

WHO WILL USE AI-POWERED SURVEILLANCE?

National and local police, firefighters, public transport security agents will all have access to AI-powered surveillance.

Software developed by Wintics and tested at the Depeche Mode concert, will be deployed in the Paris region and on public transport.

Paris Police chief Laurent Nunez described the trial as largely a success.

“Everything went relatively well, all the lights are green (for future use),” he said.

WILL FACIAL RECOGNITION BE USED?

It should not. The new law continues to ban facial recognition in most cases and French authorities have said it is a red line not to be crossed.

Nonetheless, rights campaigners are concerned mission creep risks setting in down the line.

“Software that enables AI-powered video surveillance can easily enable facial recognition. It’s simply a configuration choice,” said Katia Roux of Amnesty International France.

The legal framework regulating facial recognition remained too fuzzy and technical and legal safeguards were insufficient, according to Amnesty International.

Wintics Co-founder Matthias Houllier said his software’s algorithms were not trained for facial recognition.

“There’s no personal identification method in our algorithms,” he said. “It’s technically excluded.”

HOW WILL PRIVACY BE PROTECTED?

France’s Interior Ministry has created an evaluation committee to keep tabs on civil liberties throughout the trial period.

Led by a high ranking official within France’s top administrative court, the committee also comprises the head of the country’s privacy watchdog, CNIL, four lawmakers and a mayor.

($1 = 0.9162 euros)

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
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Cabinet approves ambitious ₹10,372 crore India AI Programme

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

India’s Cabinet has greenlit a ₹10,372 crore AI programme, emphasising public-private collaboration and GPU-based servers. The funds will be used to develop advanced infrastructure and AI innovation hubs for startups nationwide, as well develop AI-based skills.

In a move aimed at accelerating India’s prowess in Artificial Intelligence (AI), the Union Cabinet on Thursday approved an AI programme with a corpus of 10,372 crore. The proposed initiative is set to be grounded in a robust public-private partnership model, focusing on the establishment of 10,000 GPU-based servers.

The Ministry of Electronics and Information Technology (MeitY) working group has played a pivotal role in shaping the contours of this ambitious AI programme. One of the key recommendations includes the creation of a cutting-edge AI compute infrastructure at five strategic locations, boasting an impressive capacity of 3,000 AI petaflops.

Union Minister Piyush Goyal said this step is poised to enhance the computer infrastructure capacity in both private and public sectors, laying the foundation for a digitally empowered nation. The infusion of funds into the programme is expected to catalyse innovation, research, and development in the AI domain. The funds will also be used to develop Large Multimodal Models (LLMs).

The India AI Programme aims to establish a sophisticated AI computing ecosystem, developing large multimodal models, promoting AI applications in crucial sectors, and aiding deeptech AI startups. The initiative also includes implementing responsible AI projects, such as creating indigenous tools and frameworks. This comprehensive approach aims to foster AI innovation and deployment across diverse domains, as outlined in a government statement.

Also read: OpenAI, Microsoft AI tools generate misleading election images, researchers say

Goyal said India will set up two or three AI innovation centres equipped with Secure Distributed Data Grids across the country. These hubs are envisioned to support startups with high-speed connectivity of 200/400 Gbps, fostering an environment conducive to groundbreaking AI advancements.

The proposed AI programme aligns with the government’s vision to position India as a global AI powerhouse, leveraging the synergy between the public and private sectors. The infusion of 10,000 crore reflects a commitment to building a sustainable and resilient AI ecosystem that can address the evolving needs of the nation.

Goyal also said the government will soon offer Artificial Intelligence as a service, which he said will bring tools, frameworks and innovation to the common man.

Also read: HCL Tech partners with ServiceNow to deliver GenAI-led solutions

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

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Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

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today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
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Question 1 of 5

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Should Elon Musk be able to buy Twitter?

 5 Minutes Read

Medtronic expands R&D facility in India with fresh investment of Rs 3000 crore

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

While R&D remains a cornerstone of Medtronic’s operations in India, the company does not rule out eventual manufacturing and product localisation to cater specifically to the Indian market.

Multinational medical devices maker Medtronic, which has its largest R&D facility outside of the US located in India, has expanded this Hyderabad facility with a fresh investment of around 3000 crore.

The innovation centres in India, according to Geoff Martha, Chairman & Chief Executive Officer of Medtronic, are not only focusing on traditional medical device development but on software capabilities for the global products as well.

Software embedded medical devices of Medtronic include pacemakers and similar invasive products, which are now seamlessly connected to the cloud.

The next leg of growth for Medtronic, according to Martha, is robotics as it currently focuses on significant advancements in surgical robotics.

While R&D remains a cornerstone of Medtronic’s operations in India, the company does not rule out eventual manufacturing and product localisation to cater specifically to the Indian market. The aim of localised products and indigenous manufacturing is to address accessibility challenges and eventually help reduce India’s import dependence on high-end medical devices, Martha said.

Also Read | Rising popularity of high-cost robotic surgeries to boost revenue per bed: Max Healthcare

While the financial year (FY) 2023 was marked with supply chain challenges, Medtronic reported its 5th consecutive quarter of single-digit growth in the third quarter of FY24.

Martha sees innovation as the key tool to sustainable growth. The company’s R&D pipeline, which has included launches of products in the areas of  hypertension and diabetes comprise encompassing technologies such as cloud computing, artificial intelligence, and data analytics.

Also Read | Number of cities covered under CGHS will be expanded to 100: Mansukh Mandaviya

Additionally, there is a growing focus on AI and robotics. The applications, according to Martha, for AI and robotics will range from diagnostics to personalised therapies. For example, the company is focusing on AI-powered colonoscopies, which according to Martha has provided 100% accuracy in picking up cancerous polyps versus doctors miss it up to 50% of them normally. AI is also being used in areas such as back surgery, and Martha points out that while robotics is unlikely to replace doctors, doctors using AI and robotics will be replacing doctors that don’t.

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
Powered by
Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
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Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?

 5 Minutes Read

WATCH | TCS CEO says AI is not a threat to jobs yet — Exclusive

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

TCS CEO K. Krithivasan, in a conversation with CNBC-TV18 Managing Editor Shereen Bhan, discussed generative AI’s potential impact on business and jobs, expressing cautious optimism. He addressed the perceived decoupling in the IT industry hiring, highlighting TCS’s adaptive approach.

Tata Consultancy Services (TCS) Chief Executive Officer K. Krithivasan on Tuesday, February 20, shared his thoughts on the intricacies of generative AI, TCS’s hiring strategy, and the nuanced impact of AI on business and jobs.

In an exclusive conversation with CNBC-TV18 Managing Editor Shereen Bhan on the sidelines of the 32nd Nasscom Technology & Leadership Forum, Krithivasan acknowledged the transformative potential of artificial intelligence — especially generative AI — but said it is too early to say how much of an impact it would have in the years to come.

Recently, Microsoft CEO Satya Nadella, in an exclusive interview, said AI could cause some displacement in the job market. 

Krithivasan started the conversation by acknowledging the surge in interest surrounding generative AI and recognising its potential while remaining cautious about potential disruptions in the short-to-medium term. “Everyone wants to leverage generative AI, so there’s so much work that needs to get done. So we believe there is a lot of opportunity there. But there could be medium-to-short-term disruptions because of the overall economic outlook. So we remain optimistic, at least cautiously optimistic, in the medium to long term,” he said.

Also read: AI Unveiled: Nadella’s hopeful symphony in the face of job jitters | EXCLUSIVE

The discussion shifted to a perceived decoupling between revenue growth and hiring in the IT industry. Krithivasan countered this narrative, providing a nuanced perspective. “Decoupling is too strong a word. Many organisations hired over the quota during the pandemic. As the demand stabilised and softened, we started using our existing workforce and training them, so we’ve been using the bench to fulfil the new requirements. So to call it decoupling is too early and to say that it is because of generative AI is not accurate,” he explained.

On the potential impact of AI on the workforce, Krithivasan aligned with Nadella’s view, emphasising the coexistence of displacement and opportunity. “We agree with him. With every technology, there will be some displacement, and some disruption, but eventually, we’ll be able to do more work. When you have to do more work; you need more people to do that,” he stated.

On hiring trends, Krithivasan detailed the company’s stance. “We don’t see any significant decline in hiring. But we probably may need to change the way we train people. The kind of people we hire may also change. But we don’t expect to reduce hiring or for our headcount to decrease.”

Diving into the specifics of AI’s role in the workforce, Krithivasan highlighted the need for a nuanced approach to training and skill development. “So what generative AI is doing is increasing productivity in the middle where the programming takes place. But where you are trying to gather the requirements, validate the requirements, the design, or the planning process all towards the end, where you need to validate the output of the machine and create a superior user experience, you still need humans. Those areas will not go away very quickly. What probably may get replaced, or disrupted or where you get more productivity, is the middle,” he said.

Also read: EXCLUSIVE | Satya Nadella says Microsoft aims to ‘Copilot’ India’s AI transformation

He added that critical thinking, strategic planning and creativity will always be in demand and that TCS will reorient its training to reflect that. “These (human-centric skills) will not go away; you probably are going to need them in higher numbers.”

The conversation extended to the broader adoption of AI across companies, with Krithivasan outlining a phased approach. “The way we look at generative AI or any of these AI technologies is in two three phases” he explained.

He called these phases to assist, augment, and transform.

“Assist is just helping a human do the job better. Automate is participating in the work that a human is doing. So the first, assist, could be in a call centre where a question comes on what is in this document. The answer is the summary of the document. Augment means, say, like helping a wealth advisor suggest better products,” he added.

“So in the initial stages, you will see more assist and augment. For you to see more programmes or work that gets in the transform space, it will take more time,” he elaborated, providing a roadmap for the evolution of AI applications in the industry.

Also read: EXCLUSIVE | Microsoft CEO Satya Nadella embraces global competition in the age of AI

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
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Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
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Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?

 5 Minutes Read

Google launches Gemini 1.5, claims AI can parse troves of content in seconds

KV Prasad Jun 13, 2022, 06:35 AM IST (Published)

 Listen to the Article (6 Minutes)

Summary

Google unveiled Gemini 1.5, an upgraded AI model, boasting improved efficiency and expanded capabilities, allowing analysis of vast content with up to 30,000 lines of code or 11 hours of audio.

Reading War and Peace, Leo Tolstoy’s monumental novel that runs half a million words long and often over 1,000 pages, might be a minute-long affair for a new artificial intelligence model from Google.

The Alphabet-owned company on Thursday showcased Gemini 1.5, an upgrade to its suite of AI models it announced two months ago. In a single prompt, a user can ask Google’s AI to analyse vastly more content than before — 30,000 lines of code, 11 hours of audio, a whole hour of video, Google said.

That’s for Pro, the family’s mid-sized model. In concrete terms, Pro can process 1 million pieces of data known as tokens — five times the amount that Anthropic, perhaps the closest competitor in this regard, handles in a query of its Claude 2.1 technology.

Reuters was unable to independently test the claims.

Google’s increasingly voracious AI, on the heels of releases by ChatGPT’s creator OpenAI and others, reflects the rapid arms race underway in Silicon Valley to build the most capable – and marketable – technology yet.

In an interview with Reuters, Alphabet CEO Sundar Pichai heralded the advance as one of multiple ”breakthroughs” that would fuel his company’s myriad businesses. At root, he said, the search-industry mainstay was making a new manner of inquiry possible.

”You’re dramatically giving a wider view for people to ask questions about the world.”

One example that Google discussed internally is how a movie maker could ask the AI to judge a rough-cut film like a critic would, Pichai said. ”This is just one use case we were talking about as a team, but the sky’s the limit here,” he said.

Another: querying several companies’ financial reports in one go, said Pichai. Press demos showed how the AI could extract information from a 44-minute video in about 59 seconds, as well as multimodal prompts, in which a user asked the AI to respond to a combination of text and imagery.

Beyond imparting updated technology to Google Search and YouTube, Alphabet is looking to Gemini 1.5 to draw customers to its cloud unit. Locked in competition with bigger rival and OpenAI’s backer Microsoft, Alphabet recently saw a rebound in sales growth for the division.

Beginning Thursday, Google said it would open its million-token AI to a limited number of business customers, while any developer could build with version 1.0 and swap in the latest generation once available.

Asked when such powerful AI models, typically cost-intensive, would be profitable for Alphabet, Pichai said: ”These are profitable things for us to do. Also, over time, we will be very, very efficient at running these models.”

Efficiency was another improvement Google highlighted for Gemini 1.5. Google said it implemented a less onerous way for the AI to gather information known as a ”mixture of experts,” in line with its prior research and a competitor’s recent announcement.

One company official likened the approach to calling a savant to answer a question, rather than dialling every person one knows.

Also read: UAE backs Sam Altman’s idea to turn itself into an AI testing ground

Elon Musk forms several ‘X Holdings’ companies to fund potential Twitter buyout

3 Mins Read

Thursday’s filing dispelled some doubts, though Musk still has work to do. He and his advisers will spend the coming days vetting potential investors for the equity portion of his offer, according to people familiar with the matter

 Daily Newsletter

KV Prasad Journo follow politics, process in Parliament and US Congress. Former Congressional APSA-Fulbright Fellow

Previous Article

Oil Fluctuates as Traders Assess China’s Vow, Unrest in Libya

Next Article

Shanghai residents turn to NFTs to record COVID lockdown, combat censorship

LIVE TV

today's market

index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -72.15
sensex ₹1,882.60 +28.30
nifty IT ₹2,206.80 +30.85
nifty bank ₹1,318.95 -14.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95
index Price Change
nifty 50 ₹16,986.00 -7.15
sensex ₹1,882.60 +8.30
nifty IT ₹2,206.80 +3.85
nifty bank ₹1,318.95 -1.95

Currency

Company Price Chng %Chng
Dollar-Rupee 73.3500 0.0000 0.00
Euro-Rupee 89.0980 0.0100 0.01
Pound-Rupee 103.6360 -0.0750 -0.07
Rupee-100 Yen 0.6734 -0.0003 -0.05
Quiz
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Are you a Crypto Head? It’s time to prove it!
10 Questions · 5 Minutes
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Win WRX (WazirX token) worth Rs. 1500.
Question 1 of 5

What coins do you think will be valuable over next 3 years?

Answer Anonymously

Should Elon Musk be able to buy Twitter?