The FinTech Hub
Source: Live Mint European Union regulators have launched an investigation into Google’s artificial intelligence (AI) model, Pathways Language Model 2 (PaLM2), to determine if it complies with the region’s stringent data privacy laws. The inquiry, initiated by Ireland’s Data Protection Commission (DPC), forms part of broader efforts by national regulators across the EU to assess…
Source: Live Mint In an interview on the sidelines of the Google I/O Connect held in Bengaluru on Wednesday, Ajjarapu reasoned that with its largest mobile-first population, micro-payment and digital payment models, a booming startup and developer ecosystem, and diverse language landscape, “India is uniquely positioned to drive the next generation of AI innovation.” In…
Source: Live Mint In a stunning display of mathematical prowess, Google’s AI systems, AlphaProof and AlphaGeometry 2, have achieved silver medal-level performance at the prestigious International Mathematical Olympiad (via India Today). AlphaProof, a groundbreaking AI system introduced by Google, excels in formal mathematical reasoning, reported the publication. Utilizing a blend of language models and the…
Source: Live Mint Since AI’s most popular offering, OpenAI’s ChatGPT, debuted two years back and made esoteric AI tech accessible to the masses, there has been excitement over intelligent machines taking over mundane tasks or assisting humans in complex work. Geeks declared that costs would drop and productivity skyrocket, eventually leading to ‘artificial general intelligence’,…
Source: Live Mint While this is the obvious part, beneath the surface, the bigger fight is also about controlling all streams of user data, including those from search engines and social media, which can help big tech companies such as Google, OpenAI, Microsoft, Meta, Nvidia and Elon Musk’s xAI build the world’s most powerful artificial…
Source: Live Mint Mr Pichai is not alone. New Street Research, a firm of analysts, estimates that Alphabet, Amazon, Meta and Microsoft will together splurge $104bn on building AI data centres this year. Add in spending by smaller tech firms and other industries and the total AI data-centre binge between 2023 and 2027 could reach…
Source: Live Mint Google became one of the world’s largest companies by building the world’s most popular internet search engine. But the advent of AI has spawned an army of rivals ready to upstage its monopoly. Now, with OpenAI showcasing SearchGPT, should Google be scared? Is SearchGPT really novel? Not really. Microsoft’s Bing—incidentally powered by…
Source: Live Mint Google introduced its Pixel 9 lineup at the Made by Google event on Tuesday with many new AI features that are powered by the company’s Gemini AI model. The new feature were demonstrated by Google via live demos and things turned a bit awkward for the company when a live demo of…
/cdn.vox-cdn.com/uploads/chorus_asset/file/25624498/Screenshot_2024_09_16_at_12.46.11_PM.png?w=400&resize=400,250&ssl=1 "Chipotle is testing avocado-peeling robots")