OpenAI’s gripe about EU’s AI Act isn’t just about overregulation but also its current competitive edge

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A relatively new tech company like OpenAI threatening to halt its ChatGPT service in Europe signifies the challenge in getting Big Tech to embrace new AI regulations. Their fears that disclosure of training data could benefit the competition is valid but AI won’t get too far without public trust and reassuring governments from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/openai’s-gripe-about-eu’s-ai-act-isn†...
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These two apps can help you locate clean public toilets

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Woloo and ToiletSeva mobile apps help people find out about clean washrooms nearby, easing the distress of many a female. from Moneycontrol Technology News https://ift.tt/CmquS ...
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Satori-5, world’s first AI filmmaker at the 76th Cannes Film Festival

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Satori-5, brainchild of Quinn Halleck, opens the door for AI in filmmaking, new possibilities for content creation, production and exhibition in the global entertainment industry. from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/satori-5-world’s-first-ai-filmmaker-at76th-cannes-film-festival_17037811.ht ...
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AI will supercharge productivity. Will workers benefit?

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Artificial intelligence promises greater gains than any technology before it, but it threatens to worsen pay and wealth inequality from Moneycontrol Technology News https://ift.tt/LW1xl ...
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Tim Harford: What neo-Luddites get right — and wrong — about Big Tech

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Is AI the latest threat to livelihoods? That depends on society from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/tim-harford what-neo-luddites-get-right-—wrong-—-about-big-tech_17033121.ht ...
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Nvidia stock rides the AI wave with more to come

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Nvidia’s latest stock pop came after the company projected $11 billion in sales for the quarter ending in July, beating estimates of about $7.18 billion for the quarter. It has been helped by the coming of generative AI, which is forcing the world’s $1 trillion in installed data center infrastructure into extensive upgrades to accelerate computing power and significantly cut energy and costs from Moneycontrol Technology News ...
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India’s upcoming internet law has a three-pronged task: being future agnostic, rights enabling, innovation friendly

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The Digital Indian Bill consultations are offering public policy analysts greater clarity on the scope of the law, its construction and larger intent. Ultimately, it is for GoI to find the balance that protects the free and open internet, effectively fights crime, enables AI to create jobs and benefits, and copes with technological change from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/india’s-upcoming-internet ...
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Taking Stock: Market snaps 3-day gains; Nifty below 18,300, Sensex falls 208 pts

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Adani Enterprises, Adani Ports, Tata Motors, HDFC Bank, and ICICI Bank were among the biggest losers on the Nifty. from Moneycontrol Market Reports https://ift.tt/WYXr9 ...
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MC Explains: How G20’s environment working group and Ocean 20 dialogue are pushing the ‘blue economy’ agenda

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G20 deliberations currently ongoing in Mumbai aim to promote sustainable blue economies through advancements in science, technology, and innovation, supported by robust policy frameworks, governance initiatives, and alternative finance mechanisms. from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/mc-explains-how-g20’s-environment-working-groupocean-20-dialoguepushing‘blue-economy’-agenda_17026761.ht ...
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Viral fake Pentagon explosion photo on Twitter is an AI wakeup call

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Tech companies have to do a better job of preventing fake news from spreading — but we will also need to approach them with greater doses of skepticism. Soon enough, pics won’t be so useful for proof, and we’ll find ourselves questioning legitimate images too from Moneycontrol Technology News https://ift.tt/s3ifK ...
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The AI gold rush will take humanity to some dark places

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Encoding iris scans on the blockchain shows a need to curb Silicon Valley’s saviour complex. from Moneycontrol Technology News https://ift.tt/BTpzd ...
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Taking Stock: Market ends with minor gains amid last-hour selling; metals outshine

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The BSE midcap and the smallcap indices ended with marginal gains. from Moneycontrol Market Reports https://ift.tt/BYz6V ...
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Coaching institutes watch out. ChatGPT is coming for your students

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Generative AI that can offer students simplified content based on specifications, tests, assessments and personalised feedback are a threat to India’s vast and burgeoning coaching institute industry from Moneycontrol Technology News https://ift.tt/MhQtH ...
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Meta’s $1.3 billion EU fine could get worse

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If the US and Europe don’t reach a data-transfer agreement, Meta may have to delete European user data from its American servers from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/meta’s-3613-billion-eu-fine-could-get-worse_17020511.ht ...
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Taking Stock: Market gains for second day; Sensex up 234 points, Nifty above 18,300 as IT, metals shine

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Adani Enterprises, Adani Ports, Divis Labs, Apollo Hospitals and Tech Mahindra were among the biggest Nifty gainers, while Nestle India, Hero MotoCorp and Eicher Motors were among the stocks that lost the most from Moneycontrol Market Reports https://ift.tt/BtwoH ...
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Neeva to shut down search engine, zoom in on LLM, AI integration

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Neeva also talked at length about the company#39;s future plans involving working with LLMs and integrating AI with search engines. from Moneycontrol Technology News https://ift.tt/xZDWz ...
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AI can predict the genealogy of brain tumour under 90 seconds

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Surgeons can quickly analyse brain tumour mutations with a new AI technology, which, in less than 90 seconds, can check for genetic abnormalities in brain cancer tumours. from Moneycontrol Technology News https://ift.tt/Fr9z4 ...
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Taking Stock: Market gains on late buying; Sensex up 298 points, Nifty above 18,200

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BSE midcap and smallcap indices underperformed the benchmarks and ended on a flat note from Moneycontrol Market Reports https://ift.tt/0JUF5 ...
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Regulating AI: Checks are required, but the control of the technology by a few a risk

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The push by the US and China for regulating AI could limit access to AI technologies and compromise the development of domestic AI capabilities in other countries from Moneycontrol Technology News https://ift.tt/oXANK ...
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Regulating AI: Checks are required, but the control of the technology by a few a risk

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The push by the US and China for regulating AI could limit access to AI technologies and compromise the development of domestic AI capabilities in other countries from Moneycontrol Technology News https://ift.tt/L5k1d ...
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Taking Stock: Market ends lower for the third day; Sensex down 129 points, Nifty below 18,150

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Divis Laboratories, Adani Ports, SBI, ITC and Titan Company were among the biggest losers on the Nifty. Bajaj Finance, Kotak Mahindra Bank, Bharti Airtel, ICICI Bank and Asian Paints were the biggest gainers from Moneycontrol Market Reports https://ift.tt/Slba6 ...
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Policy changes needed to regulate age of smartphone adoption

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A new global study has revealed that the age at which children get their first smartphone affects their mental health as adults. Those aged 18-24, who acquired smartphones at an early age, were found to have poorer mental health.  from Moneycontrol Technology News https://ift.tt/R0fPL ...
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Younger first-time smartphone users at greater risk of mental health issues

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A new global study has revealed that the age at which children get their first smartphone affects their mental health as adults. Those aged 18-24, who acquired smartphones at an early age, were found to have poorer mental health.  from Moneycontrol Technology News https://ift.tt/jWacT ...
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ChatGPT: A look at large language models and how they work | In Pics

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ChatGPT is based on GPT-3, a language model that uses deep learning to produce human-like text. Have a look at Large Language Models and how they work from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/chatgpt-a-look-at-large-language-modelshow-they-work-|-in-pics_17011141.ht ...
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Indian courts providing legal clarity for Web 3.0 and Metaverse

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There is no doubt that there remains a gap in the regulation of upcoming Web3 technologies, along with the metaverse. In such an environment, Indian courts will be expected to evolve regulation through judicial precedent in a gradual piecemeal manner, by applying existing legal principles from Moneycontrol Technology News https://ift.tt/Hde9c ...
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Taking Stock: Profit booking drags Nifty below 18,200; Sensex falls 372 points

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On the sectoral front, realty, metal and information technology indices shed 1 percent each, while bank, oil gas and power indices fell 0.5 percent each. from Moneycontrol Market Reports https://ift.tt/XHqWb ...
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Mirror, mirror on the wall, does the Nifty @ 18,300 have it all?

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With Fed rates perceived to be peaking, risk-on trade is back. India is looking well poised to take a fair share of the foreign money that is flowing back to emerging markets from Moneycontrol Market Reports https://ift.tt/ZENXS ...
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Taking Stock: Market snaps 2-day gains; Nifty below 18,300, Sensex falls 413 points

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Among sectors, Auto index down 1 percent, and healthcare, infra, bank, metal indices down 0.3-0.4 percent, while PSU Bank index up 0.7 percent. from Moneycontrol Market Reports https://ift.tt/dHab5 ...
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MG Comet EV bookings open today, book now for a token amount of Rs 11,000

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MG Motor had launched the Comet EV at an introductory price of 7.98 lakh (ex-showroom) last month. from Moneycontrol Technology News https://ift.tt/bIJNi ...
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Mirror, mirror on the wall, does the Nifty @ 18,400 have it all?

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With Fed rates perceived to be peaking, risk-on trade is back. India is looking well poised to take a fair share of the foreign money that is flowing back to emerging markets from Moneycontrol Market Reports https://ift.tt/uF0if ...
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Can AI treat teenagers’ depression and mental health disorder?

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AI can enhance access to integrated treatment and address depression, but it has limitations, recent studies find substantial inadequacies. from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/can-ai-treat-teenagers’-depressionmental-health-disorder_17000541.ht ...
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Can AI treat teenagers’ depression and mental health disorder?

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AI can enhance access to integrated treatment and address depression, but it has limitations, recent studies find substantial inadequacies. from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/can-ai-treat-teenagers’-depressionmental-health-disorder_17000551.ht ...
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25 years of Google Search: Will the tech giant hit the reset button amid rise in AI? Take a look

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25 years after it was launched, Google Search is facing a formidable challenge in the form of ChatGPT and other generative AI tools from Moneycontrol Technology News https://ift.tt/KuHjn ...
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Taking Stock: Another dull day for markets, Sensex, Nifty close mixed

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The Nifty 50 index settled at 18,314.80, registering a gain of 0.1 percent or 17.80 points. from Moneycontrol Market Reports https://ift.tt/DsjEa ...
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Taking Stock: Sensex, Nifty ends listless but broader market shows some spark

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The Nifty 50 index declined 0.1 percent or 18.10 points to 18,297. from Moneycontrol Market Reports https://ift.tt/0obYA ...
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Govt has used technology as source of empowerment, to ensure social justice: PM Modi

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Addressing an event on the National Technology Day, which marks the anniversary of Pokhran tests, Modi said his government has used technology as a source of empowerment and to ensure social justice. from Moneycontrol Technology News https://ift.tt/BwKFZ ...
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Apple is now the only major phone brand without a foldable model

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With Alphabet Inc.’s Google launching the Pixel Fold at an event Wednesday, every major brand running the Android operating system has now adopted the form factor. And though Apple began early work on a foldable iPhone years ago, it’s shown little interest in racing a product to market. from Moneycontrol Technology News https://ift.tt/2N6Rg ...
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Taking stock: Amid nervousness over US inflation data, Sensex manages to close in green

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Buying was seen in private banks, auto and realty – all of which are interest rate-sensitive sectors. from Moneycontrol Market Reports https://ift.tt/9o5qd ...
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Metaverse could contribute up to 2.4% of US GDP by 2035: Study

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Social media giant Meta, which pivoted its focus on building metaverse technologies in 2021, has forecast the tech would eventually replace mobile as the main computing platform. from Moneycontrol Technology News https://ift.tt/7aH5M ...
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Taking Stock: Selling at fag-end wipes off gains, Sensex, Nifty end flat

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The US inflation rate, which is expected to remain unchanged at its March level of 5 percent, is causing worries that the Fed will remain stricter for long. from Moneycontrol Market Reports https://ift.tt/8x0ao ...
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Taking stock: Sensex jumps 710 points, Nifty closes above 18,250

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The Nifty 50 index rose 195.40 points or 1.08 percent to 18,264.40. from Moneycontrol Market Reports https://ift.tt/v7n0V ...
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Karnataka to use blockchain tech to issue 30,000 digital certificates for skill-based courses

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Officials said digital certificates will bring more security, transparency and efficiency while reducing manual verification processes. from Moneycontrol Technology News https://ift.tt/2UHjA ...
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Taking stock: Sensex jumps 710 points, Nifty closes above 17,250

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The Nifty 50 index rose 195.40 points or 1.08 percent to 18,264.40. from Moneycontrol Market Reports https://ift.tt/qoGMX ...
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AI and Risk: The privacy and security perils of ChatGPT

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This week Samsung banned its employees from using ChatGPT for work purposes after an engineer accidentally leaked sensitive internal data including source code. For companies and individuals, ensuring vigilant conduct while using chatbots and handling digital information is the best way forward from Moneycontrol Technology News https://ift.tt/dBV7G ...
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Taking Stock: HDFC twins take the market down with them, Sensex sinks 695 points

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HDFC twins were hammered on reports that the merger of the two may result in an outflow of $150-$200 million following MSCI changes from Moneycontrol Market Reports https://ift.tt/Gcz60 ...
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Google reveals its first foldable phone Pixel Fold

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Google teased it first foldable phone called #39;the Pixel Fold#39;. Google will launch the device at its annual developer conference, Google I/O event, on May 10. from Moneycontrol Technology News https://ift.tt/Xpl4z ...
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In Pics: Google introduces passkey technology; here’s all you need to know

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Google introduces passkey technology signaling the start of the end for passwords. from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/in-pics-google-introduces-passkey-technology-here’s-all-you-need-to-know_16986961.ht ...
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Taking Stock: Sensex resumes its upward journey with 556-point gain

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The NSE Nifty 50 ended the day at 18,255.80, up 165.95 or 0.92 percent. The BSE flagship Sensex climbed 555.95 points or 0.91 percent to 61,749.25. from Moneycontrol Market Reports https://ift.tt/nf1zH ...
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Geoffrey Hinton and the dark side of AI

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The AI genie has escaped from the bottle and there is no putting it back from Moneycontrol Technology News https://ift.tt/oKUiA ...
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Stock Market Today: Top 10 things to know before the market opens

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SGX Nifty indicates a negative start for the broader index with a loss of 71 points after the Nifty closed 57 points lower at 18,089 on Wednesday. Wall Street ended in the red after the US Federal reserve raised rates by 75 bps, while European markets traded up. Asian indices throw up mixed trend from Moneycontrol Market Reports https://ift.tt/IRyou ...
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