AI News
Reporting, analysis and features from AIM's AI News section.
Sam Altman Says ‘OpenAI o1-preview is Deeply Flawed’
'But when o1 comes out, it will feel like a major leap forward.'
Shalini Mondal ·
JioGenNext Announces The Next Set of Startups
JioGenNext focuses on engaging with startups across its diverse focus areas, especially those who see India as a growing market.
Aditi Suresh ·
Meta Launches Llama 3.2, Beats All Closed Source Models on Vision
Meta launches Quest 3S VR headset, Orion AR glasses prototype, Ray-Ban smart glasses, AI avatars and more.
Aditi Suresh ·
"I Have Made the Difficult Decision to Leave OpenAI,” says Mira Murati
Murati is "stepping away to create the time and space to do [her] own exploration."
Aditi Suresh ·
PSB Alliance Empanels AWS to Provide Cloud Computing Services to Public Sector Banks
The empanelment will allow AWS to provide its services to member banks through two AWS Managed Service Providers (MSP) – Orient Technologies and Hitachi Systems.
Pritam Bordoloi ·
Yubi and AI4Bharat Partner to Build India’s First ASR Engine for Financial Inclusion
The collaboration will focus on developing and training ASR models that can seamlessly recognize and transcribe conversations in multiple languages.
Pritam Bordoloi ·
OpenAI Finally Rolls Out Advanced Voice to ChatGPT Plus and Team Users
The new feature introduces five distinct voices along with support for over 50 languages, allowing users to hear responses in different accents.
Siddharth Jindal ·
Star Union Dai-ichi Life and QuantumStreet AI Launch Investment Offerings Powered by IBM watsonx
IBM’s watsonx AI platform will help provide investment solutions for both companies.
vandana.nair ·
Google Announces New Gemini 1.5 Pro and Flash Models with Reduced Pricing and Improved Performance
Key updates include a 52% reduction in output token pricing, 2x higher rate limits for Gemini 1.5 Flash, and 3x higher rate limits for Gemini 1.5 Pro, coupled with improvements in model latency.
Siddharth Jindal ·
India’s First AI Unicorn, Fractal Eyes $500 Mn IPO
Fractal is considering filing its DRHP with Sebi in November.
Mohit Pandey ·
Jhana.ai Raises $1.6 mn Seed Money to Develop Proprietary Datasets
Kunal Shah also participated in the funding round.
Pritam Bordoloi ·
China Unveils New Draft Regulation to Regulate AI Generated Content
Meanwhile, India’s AI legislations are yet to be drafted, but would hopefully include watermarks and labels on AI-generated content.
Aditi Suresh ·
Peak XV Leads $20 Million Funding Round for e-Visa Platform Atlys
The Mumbai-based startup is leveraging AI for visa evaluation, improving transparency in visa approvals.
vandana.nair ·
Anthropic Eyes $40 Billion Valuation as It Races to Rival OpenAI
Anthropic is planning to release its next model, Claude Opus 3.5, soon.
Shalini Mondal ·
Mumbai-based Qure.ai Raises $65M to Accelerate AI-Driven Medical Diagnosis
The startup has over 1 billion training datasets and is serving more than 90 countries.
vandana.nair ·
CoRover Raises $4 Mn Series A Funding from Venture Catalysts
“..Our goal is to bridge the gap between technology and human interaction, ensuring our solutions deliver meaningful, efficient, and scalable engagement” said, CoRover’s co-founder and CEO, Ankush Sabharwal
Tanisha Bhattacharjee ·
EA Unveils ‘Imagination to Creation’, Bringing the Era of Text-to-Game AI
Users will now be able to customise their games as they play.
Tanisha Bhattacharjee ·
Google CEO Sundar Pichai Praises Narendra Modi for his AI Vision for India
“The Prime Minister has been focused on transforming India, with his Digital India vision,” Pichai stated.
Tanisha Bhattacharjee ·
Google CEO Sundar Pichai Answers Questions Prepared by Perplexity AI
He answered them really well, and with honesty and humility.
Tanisha Bhattacharjee ·
‘AI will Soon Match or Surpass Human Intelligence,’ says Yann LeCun
Hardware will likely include devices like smart glasses that can see, hear, and remember things on your behalf is expected to emerge in a year or two.
Vidyashree Srinivas ·