AI News – Page 250
- Infosys and Linux Foundation Collaborate to Promote Responsible AI Across Global Networks
The projects are designed to help organisations implement AI and reduce the risk of bias or privacy concerns.
Shalini Mondal ·
- AMD Acquires AI Infrastructure Firm ZT Systems for $4.9 Billion
“With ZT Systems, we’re bringing in an incredible team,” said Lisa Su, CEO of AMD.
Supreeth Koundinya ·
- Google Slides Now Adds Image Generation Capabilities With Imagen 3
Google Slides has made it easier for users to enhance their presentations with new image generation capabilities and additional tools.
Ankush Das ·
- OpenAI Raises $40 Billion, Plans to Launch First Open-Weight Model Since GPT-2
Before its launch, the model will be evaluated using OpenAI’s preparedness framework.
Siddharth Jindal ·
- DeepSeek Reports 545% Daily Profit Despite Free AI Services
The company generates a daily evenue of $562,027.
Siddharth Jindal ·
- Government Announces Major Boost for Startup Investments and MSME Growth
Highlighting MSMEs as the “second engine” of economic growth, Sitharaman emphasised their critical role in India's manufacturing and exports.
Mohit Pandey ·
- Govt Allocates ₹20,000 Crore for Private-Sector Driven R&D, Announces Deep Tech Fund
The government will start a National Geospatial Mission to develop foundational geospatial infrastructure and data.
Sanjana Gupta ·
- Govt Announces 4th AI Centre of Excellence for Education, Expansion in Skilling & IIT Infrastructure
Over the past decade, student intake at IITs has doubled from 65,000 to 1.35 lakh.
Mohit Pandey ·
- Budget 2025: Duties on TV Components Cut, Battery & Mineral Support Expanded
The government has proposed raising the Basic Customs Duty (BCD) on interactive flat panel displays from 10% to 20% in the Union Budget 2025-26.
Siddharth Jindal ·
- Constellation Perseus Launches DarkMatter, its GCC in Hyderabad
Constellation Perseus Group has made a significant investment in its Hyderabad office, focusing on infrastructure, research, and talent development.
Shalini Mondal ·
- OpenAI Releases o3-mini in Response to DeepSeek, Makes it Free for All
Paid users can choose o3-mini-high for better reasoning, while Pro users get unlimited access to both o3-mini and o3-mini-high.
Siddharth Jindal ·
- ElevenLabs Raises $180M in Series C to Advance AI Voice Technology
This latest funding triples ElevenLabs' valuation to $3.3 billion, bringing its total funding to $281 million since its launch in 2022.
Shalini Mondal ·
- Govt Eases Middle-Class Burden: No Tax Up to ₹12 Lakh, But Crossing It Triggers Tax from ₹4 Lakh
For salaried taxpayers, this limit will be ₹12.75 lakh, factoring in the ₹75,000 standard deduction.
Mohit Pandey ·
- Telangana Government Urges Satya Nadella for Microsoft Data Centre Expansion by 2025
A few months ago, the Telangana government signed MoUs with major big tech companies including OpenAI, Meta, NVIDIA and AWS.
vandana.nair ·
- IISc Develops ML Model to Predict Material Properties with Limited Data
The new development could aid semiconductor and battery advancements.
vandana.nair ·
- IIIT Hyderabad’s Subtl.ai V2 Outperforms OpenAI’s RAG Solutions
Subtl.ai’s V2‘Outperforms RAG built on OpenAI and open source embeddings by 15 - 20%.’
Supreeth Koundinya ·
- OpenAI Must Earn $100 Bn to Prove AGI’s Worth to Microsoft
Only when OpenAI’s systems generate maximum profits, the company would have achieved AGI.
Supreeth Koundinya ·
- PM Modi Urges Youth to Embrace AI, Machine Learning
"This era has moved beyond machines to machine learning."
Aditi Suresh ·
- SiMa.ai Appoints Satish Mohanram as Senior Director, India Sales and Site GM
With over 20 years of experience in Sales, Marketing, and Application Engineering, Mohanram is set to drive the company’s business growth in key sectors such as industrial, semiconductor, education, aerospace/defence, and automotive.
Mohit Pandey ·
- RBI Forms Panel to Regulate AI in Financial Sector
Chaired by Pushpak Bhattacharyya, professor at IIT Bombay, the committee comprises notable figures from academia, government, and industry.
Mohit Pandey ·