News & Analysis News - Page 29

AI will need at least a decade to reach human-like intelligence, claims Meta's chief AI scientist
LLMs will need to store memories similar to human brain functions, such as working memory and long-term memory, which current AI lacks. Another essential step, according to LeCun, is enabling these systems to plan and reason.

Money laundering a major threat to India’s booming online gaming sector, finds new report
India’s real money gaming (RMG) sector has become a key player globally, with revenues expected to reach $7.5 billion in the next five years. With millions of gamers participating daily, the industry has also spurred employment in areas such as fintech, cloud services, and cybersecurity

Tesla to start 'launching’ new, more affordable EVs from 2025, claims Elon Musk at earnings call
Currently, the most affordable Tesla starts at $42,490 before subsidies, and the average sticker price for its 2024 models sits just over $63,000, according to Kelley Blue Book

‘Will repeat with AI what we did with Jio’: Mukesh Ambani to NVIDIA CEO Jensen Huang
Ambani remarked that India’s fastest-growing sector is its global competency centres, which are increasingly leading the charge in advanced research and development. Huang echoed this sentiment, reflecting on his discussions with PM Modi, on exporting data and importing intelligence

'NVIDIA is Vidya, or Knowledge for me’ says Mukesh Ambani to Jensen Huang at NVIDIA Summit 2024
Huang emphasised that India is at the heart of NVIDIA’s plans as the world enters the “intelligence age.” Huang also revealed that India is set to multiply its compute capacity 20X by the end of this year, demonstrating the country’s growing significance in the global tech landscape

NVIDIA & Reliance to jointly build AI infrastructure in India in major boost for IndiaAI mission
NVIDIA’s founder and CEO, Jensen Huang, made the announcement alongside Reliance chairman Mukesh Ambani during a fireside chat at the NVIDIA AI Summit 2024 in Mumbai

India hardest LLM region in the world, but key to developing LLMs globally: NVIDIA CEO Jensen Huang
NVIDIA CEO Jensen Huang emphasised India’s importance during a recent meeting with Prime Minister Narendra Modi, referring to this moment as “India’s time” in the AI landscape

Apple tests integrating India's Aequs Group into local supply chains for MacBook, Apple Watch
Currently, Tata Electronics is the only Indian supplier working with Apple, producing enclosures for iPhones. However, Aequs has also reportedly begun trial production of MacBook enclosures and mechanical components for Apple Watches

Tesla posts higher profit on delivery growth, fares better than expected in earnings call
Tesla reported adjusted earnings of 72 cents per share, surpassing analysts' predictions. The company also plans to boost production by 50 per cent next year compared to 2023 levels. A key part of this plan involves rolling out more affordable EV models

In a first, parent sues AI chatbot Character.AI for the death of her teen son
According to the lawsuit filed by Megan Garcia, her 14-year-old son, Sewell Setzer III, took his life shortly after receiving an emotionally charged message from Character.AI's chatbot

Google launches new AI tool to detect early diabetic retinopathy for key health-tech partners in India
Google's AI model helps detect and diagnose early signs of diabetic retinopathy, supporting doctors in delivering prompt treatment. So far, it has been deployed in clinics worldwide, and used in over 600,000 screenings, with significant early research and testing carried out in India

Qualcomm may lose ARM's design license it used to make Snapdragon SoCs
ARM claims Qualcomm should have renegotiated the terms after the buyout and argues that Nuvia’s designs cannot be transferred to Qualcomm without permission. Qualcomm, however, insists that its existing agreement covers Nuvia’s activities

Apple planning to launch a new App Store just for gaming, working on new Game Centre
Apple is planning a separate App Store-like platform solely for games, borrowing elements from both the App Store and Game Centre. This new gaming app won’t replace Game Centre but will integrate smoothly with user profiles, enhancing the overall gaming experience

Amazon-backed Anthropic's latest Claude model lets AI take complete control over your PC
The latest update marks Anthropic’s entry into the race to transform AI models from simple chatbots into more capable "AI agents." These agents aim to perform computer-based tasks just like a human would, from browsing the web to using software for programming or even trip planning

Qualcomm, Google to collaborate & develop AI voice systems for carmakers
As part of this rollout, Qualcomm introduced two new chips to support these systems. The Snapdragon Cockpit Elite chip will handle dashboard operations, while the Snapdragon Ride Elite will power autonomous driving features

Samsung under pressure from Huawei, working on tri-fold phone, likely to launch in early 2025
Samsung's upcoming tri-fold device could help the company address some recent challenges. Sales for its latest foldable models, the Galaxy Z Flip 6 and Galaxy Z Fold 6, have been weaker than expected, leading to a 10 per cent dip in OLED display orders compared to the previous year

Western Digital unveils record-breaking 32TB and 26TB HDDs designed for AI data centres and workloads
With businesses increasingly reliant on AI, the need for high-capacity storage has become more pressing. Western Digital’s new models promise to help companies store and retrieve large datasets quickly, while also reducing operational costs

Huawei still using TSMC chips in AI products, despite US ban, TSMC might be in trouble
One of Huawei's AI accelerators features an Ascend 910B chip, manufactured by TSMC. When they got to know this, TSMC reportedly notified the US Commerce Department about the discovery earlier this month

Apple CEO Tim Cook, COO Jeff Williams land in China again, meet China's IT minister
China's IT Minister, Jin Zhuanglong, revealed that during his discussion with Apple, he encouraged them to deepen their involvement in China, enhance innovation, and grow alongside local companies

Apple to unveil new M4-powered MacBooks soon, likely to launch new keyboard, Magic Mouse too
Apple’s retail stores have reportedly seen dwindling stocks of iMacs, MacBook Pros, and Mac minis, as well as the Magic Keyboard, Mouse, and Trackpad

Researchers want to spray $200 trillion worth of diamond dust in the air to fight climate change
If sustained over 45 years, the researchers believe this diamond dust-based intervention could cool the Earth by nearly 2.9 degrees Fahrenheit, keeping warming just below the critical 2.7-degree threshold

Delhi to collect congestion charges using FastTag: Who will be charged, who are exempt?
This isn’t Delhi’s first attempt at introducing congestion charges though. A similar plan was proposed in 2018, targeting 21 high-traffic zones across the city, including key areas like Hauz Khas Metro, the ITO intersection, and the Aurobindo Chowk-Andheria More route

US to start restricting American firms from investing in Chinese tech, AI businesses
These restrictions stem from an executive order signed by President Joe Biden in August 2023, in order to to prevent American expertise from contributing to China’s military advancement

Qualcomm takes on Apple's A18 Pro, launches Snapdragon 8 Elite, world's fastest mobile SoC
The Snapdragon 8 Elite brings several industry-firsts, including advanced multi-modal AI capabilities alongside major improvements in both CPU and GPU performance. Like Apple’s A18 Pro, the Snapdragon 8 Elite is built on TSMC’s 3nm process

NVIDIA plans to develop India-specific AI chip, leverage country's massive chip designing talent base
In his previous meeting with PM Modi, NVIDIA CEO Jensen Huang stressed that India should focus on building its own AI capabilities rather than relying on foreign imports. NVIDIA’s interest in India stems from the vast talent pool of chip designers available in the country

ByteDance terminates intern for 'maliciously sabotaging' AI development, training
ByteDance, which became a social media powerhouse thanks to TikTok and Douyin, has been aggressively developing generative AI models. Like other big names in tech, the company is racing to develop AI tools that could compete with popular platforms like OpenAI’s ChatGPT

Russian govt officials are buying 4X more iPhones than before despite Moscow ban
In 2023, Russia’s Federal Security Service (FSB) introduced the ban, supposedly over concerns that the US could use iPhones to spy on officials. However, it looks like the ban hasn’t been much effective

Apple was not the first with AI, but it will be the best, focusing on quality over speed, claims Tim Cook
While for many in the industry it may seem that Apple has been slow, Cook remains unfazed. He highlighted that Apple has been developing AI under the label of Machine Learning for over a decade, focusing on refining and perfecting their offerings

Google hopes its AI-based smart farming helps bring the next Green Revolution in India
Google's Agricultural Landscape Understanding API can map fields, identify water bodies, and measure vegetation boundaries with far better accuracy. The data provided by the ALU API is designed to serve as a foundational layer for India’s agricultural ecosystem

Apple Intelligence development at least 2 years behind industry leaders, claims report
The analysis revealed that ChatGPT is 25 per cent more accurate than Siri and can answer 30 per cent more questions, raising concerns within Apple about its competitive standing