12 Research institutions, think-tanks join forces to form AI Knowledge Consortium

Brands at the initial stages of AI adoption should aim to progress towards more advanced levels. (Representative Image source: Moneycontrol)(Representative Image source: Moneycontrol)

The AIKC launch also saw the participation of leading global AI companies such as Microsoft, Google and Amazon Web Services, alongside emerging Indian start-ups like CoRover and Level AI.

Ashwini Vaishnaw emphazies the significance of AI advisory, stresses training models for citizen safety and democracy protection

Publishers across board and the Digital News Publishers Association (DNPA) has been in constant dialogue with the Ministry of Electronics and Information Technology to push for introducing changes in the amendment to existing IT rules. (Image source: Moneycontrol)

The minister also clarified that the government’s notice is more of an advisory rather than a regulatory framework.

Canva is building a safe, accessible and inclusive AI: Ruoshan Tao

Ruoshan Tao, Head of Marketing for SEA and LATAM, Canva

Ruoshan Tao, Head of Marketing for SEA and LATAM for Canva tells us how the online visual communication and collaboration platform is building a safe, accessible and inclusive AI, it’s localization strategy for India, its diverse user base united by the love and need for design and more.

Fractal launches Kalaido.ai –India’s first text to image diffusion model

Trained on a public dataset of 70 million images, Kalaido.ai takes text inputs in 18 different Indian languages to generate images.

Using proprietary diffusion pipeline involving both “training free” approaches and minimal training, the tool helps to enable richer details in the image, higher fidelity and photorealism.

McKinsey’s Jesko Perrey: India can leapfrog GenAI in multiple areas and be front runner globally

"There is curiosity, a willingness to take risks and an affinity for investment when it comes to Indian companies.This makes me pretty positive for a very bright future for Gen AI driven marketing and sales in India," says Jesko Perrey, Senior Partner, McKinsey & Company.

Jesko Perrey, Senior Partner, McKinsey & Company. discusses GenAI-led marketing and sales, Gen AI having the potential to unlock up to $1.2 trillion in value for the Marketing and Sales function, ethical concerns of Gen AI and whether AI can replace human creativity.

Yellow.ai launches email automation; Gen AI to handle 80 percent of email queries

Seamlessly supporting multiple languages, it integrates with Yellow.ai's omnichannel customer service platform, delivering a comprehensive and personalized support experience. (Image source: Moneycontrol)

Despite many consumers preferring email for customer service, businesses often struggle to manage email inquiries efficiently.

Are Large Language Models and Generative AI a panacea that ails the enterprise?

Together with IBM, HCLTech aims to train 10,000 of its engineers and architects in IBM's innovative AI technologies, specifically watsonx. (Representative image by Possessed Photography via Unsplash)

Generative AI models can sometimes ‘hallucinate’, or generate information not present in the training data resulting in inaccurate or misleading content.

Perplexity AI records more than a million users in India

Google's AI head Jeff Dean and former YouTube CEO Susan Wojcicki have also backed the company in a personal capacity. (Representative Image: Steve Johnson via Unsplash)

The company recently raised $73.6 million in Series B funding at a valuation of $520 million from marquee investors, a list that includes Nvidia and Amazon founder Jeff Bezos,

New York Times plans to launch Generative AI ad tool in 2024

Seamlessly supporting multiple languages, it integrates with Yellow.ai's omnichannel customer service platform, delivering a comprehensive and personalized support experience. (Image source: Moneycontrol)

The Times started working on these efforts long before it filed a landmark lawsuit against OpenAI and Microsoft for copyright infringement, Axios reports.