Just how deep is Mark Zuckerberg’s Metaverse money pit?

The company has lost $21 billion creating its virtual reality experience since the start of 2022. It’s only a matter of time before investors start demanding answers from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/just-how-deep-is-mark-zuckerberg’s-metaverse-money-pit_17144141.ht ...

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5 quick tips to identify AI morphed images

AI algorithms have trouble accurately recreating fine details, look for disparities in textures and patterns. from Moneycontrol Technology News https://ift.tt/7uSgd ...

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My eyeball met with Sam Altman’s crypto AI scanner

Worldcoin says it wants to ID humanity, but it needs more regulatory scrutiny first from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/my-eyeball-met-with sam-altman’s-crypto-ai-scanner_17137991.ht ...

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Kana Labs Partners with Web3 Gaming Expert Intella X to Enhance Web3 Gaming Infra Offerings

Two Web3 giants, each with their specialties similar goals, combine to enhance each other from Moneycontrol Technology News https://ift.tt/Nh8Rf ...

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Secretive chatbot developers are making a big mistake

Before we can ponder existential threats of the new technology, Silicon Valley must be forced to disclose more about how their tools are created from Moneycontrol Technology News https://ift.tt/7YHLp ...

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Is Indian agriculture ready for robotics and AI?

The parliamentary standing committee on agriculture wants to drive the use of robotics and AI in agriculture and has recommended the setting up of a Centrally-funded national research institute for the purpose from Moneycontrol Technology News https://ift.tt/Ix10l ...

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NFT club will allow closer, more meaningful interaction with well-wishers: Tapsee Pannu

Tapsee’s NFT Club aims to form a close-knit group of individuals who can share interests, without the noise that social media brings along with it. Members of the club will get special gifts hand-picked by her. from Moneycontrol Technology News https://ift.tt/HUz6K ...

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Can Generative AI grow better jobs?

Gen AI will create new jobs in the market related to AI. New job roles such as AI ethics expert, AI systems manager, data annotation specialist, AI prompt engineer, AI-based fact checker and human-AI interaction specialists are likely to emerge. But their skilling needs much more attention than being given from Moneycontrol Technology News https://ift.tt/z9E6u ...

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From factories to film sets, AI has a simple goal: Making things cheaper

The name of the game is to produce quicker, more efficiently, and for less money.  US chip designer Nvidia, synonymous with the AI boom, has an Omniverse platform used by BMW to create digital twins of a car plant, allowing management to manipulate 3D models of an assembly line in real time and optimise productivity. Hollywood studios will use AI#39;s digital capabilities for generating footage that cuts ...

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A crypto truce emerges between fraud and revolution

Innovators and regulators may still not agree completely but there’s more common ground now than a few years ago from Moneycontrol Technology News https://ift.tt/eynHU ...

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What ChatGPT’s downturn tells us about AI adoption

The hoopla over AI is giving way to a more grounded appraisal of the AI development capabilities of companies, the limitations of generative AI tools, and the quality and security issues which hinder AI adoption by corporate companies. But this brief respite may just be what the world needs from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/what-chatgpt’s-downturn-tells-us-about-ai-adoption_17130031.ht ...

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How is Artificial Intelligence Impacting the Forex Markets

Artificial intelligence can also describe and monitor several types of risks. from Moneycontrol Technology News https://ift.tt/rRmU6 ...

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ChatGPT makes Android debut, here#39;s how it compares to Microsoft#39;s Bing

As the Android playstore is abuzz with the advent of many chatbots, here are the key differences between Bing AI and Chat GPT#39;s app. from Moneycontrol Technology News https://ift.tt/5Togr ...

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Will AI finally end our love affair with college?

High school graduates in the United States aged 16 to 24 enrolling in college declined from 69.1 percent in 2018 to 62 percent in the fall of 2022. Will younger Gen Z and Gen Alpha be encouraged to matriculate to trade and vocational schools, certification programmes, or apprenticeships instead of fixating on a bachelor’s degree? from Moneycontrol Technology News https://ift.tt/TG8Ye ...

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AI news anchors: The new phenomenon of Artificial Intelligence replacing newsreaders

The AI era has arrived, and as AI news anchors become a reality, will AI replace human news anchors in the same way it displaces labour in other industries? from Moneycontrol Technology News https://ift.tt/dw3B0 ...

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18% GST applicable on battery charging for electric vehicles, says Karnataka AAR

The question before the AAR was whether charging of battery is a supply of goods or a supply of services. from Moneycontrol Technology News https://ift.tt/drmf3 ...

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Tesla#39;s Elon Musk optimistic on progress for self-driving, robots

The electric vehicle maker is in early talks with a major automaker to license its full self-driving technology, Musk added. from Moneycontrol Technology News https://ift.tt/LAtne ...

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Emerging technologies need a Digital India Act that balances the ends of innovation and regulation

New and emerging technologies are disruptive in nature and therefore, hard to regulate. The Digital India Act can create a new playbook to foster innovation without compromising safety. Regulatory sandboxes should be deployed for this purpose, an approach embraced by regulators in banking, securities, telecom and insurance from Moneycontrol Technology News https://ift.tt/lT6fB ...

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Why computer-made data is being used to train AI models

Microsoft, OpenAI and Cohere experiment with “synthetic data,” as they reach the limits of information created by humans from Moneycontrol Technology News https://ift.tt/wYEoI ...

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AI in legal practice still has many hoops to jump through

Amid 5 crore cases pending in the Indian justice system, there is hope that judges, lawyers, law firms and even cops can leverage Artificial Intelligence capabilities to generate and extract relevant information which improves their efficiencies. But fears of AI replacing humans or triggering job losses is overstated at this point from Moneycontrol Technology News https://ift.tt/eIENC ...

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Artificial Intelligence:Â Hollywood is offering actors a frightening script

The threat to actors doesn’t just come from movie and TV studios trying to exert control and cut costs. It’s also from the coming torrent of AI tools that will mean just about anyone could recreate a person’s likeness and have them appear to engage in performances or acts without their consent from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/artificial-intelligence hollywood-is-offering-actorsfrighteni ...

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Elon Musk wants to master the universe with xAI

Musk’s new AI quest poses a threat to Google’s DeepMind from Moneycontrol Technology News https://ift.tt/UjNIz ...

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Meet the $4 billion AI superstars that Google lost

These eight alumni made one of the biggest discoveries in AI, then left to build their own startups. Why did Google miss the boat? from Moneycontrol Technology News https://ift.tt/zIkBb ...

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Vedanta chairman invites investment in semiconductor and display glass business

In a tweet, Agarwal went on to call the semiconductor chips keys to young India#39;s dreams, as he wrote in Hindi, #39;issi chip mein chupi hai yuva bharat ke sapno ki chaabi#39;. from Moneycontrol Technology News https://ift.tt/9RWEp ...

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Digital India Act: Classifying intermediaries can save us from poor regulatory outcomes

The old Information Technology Act of 2000 did not classify the new services and functions that the internet produced. The Digital India Act is an opportunity to arrive at future-proof classifications to enable a trillion-dollar digital economy by 2026. This will help regulate intermediaries based on their technical functions, services and user harms, instead of a one-size-fits-all approach from Moneycontrol Technology News https://ift.tt/7hjY ...

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ChatGPT Plus gets new in-house Code Interpreter

ChatGPT has made waves since its debut in November, 2022, however the latest development from OpenAI#39;s stables seems to have expanded the chatbot#39;s capabilities into performing various complex functions with data such as code-testing. from Moneycontrol Technology News https://ift.tt/Pygtp ...

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ChatGPT Plus gets new in-house Code Interpreter

ChatGPT has made waves since its debut in November, 2022, however the latest development from OpenAI#39;s stables seems to have expanded the chatbot#39;s capabilities into performing various complex functions with data such as code-testing. from Moneycontrol Technology News https://ift.tt/B4L1v ...

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Coming: The AI-led crackdown on money laundering

Banks are increasingly adopting AI solutions to monitor transactions, identify high-risk customers, perform due diligence on customers, report suspicious activities, lower manual screening and perform predictive analysis from Moneycontrol Technology News https://ift.tt/Orvg8 ...

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How Amazon is summarising product reviews using Artificial Intelligence

People use reviews while determining whether to purchase a product. Amazon#39;s generative AI function may benefit consumers by consolidating hundreds of reviews into a relevant overview, to help consumers obtain a summary of both positive and negative product comments. from Moneycontrol Technology News https://ift.tt/BG1EY ...

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Young men gaming more. Are they working less?

The pandemic accelerated a trend that had been blamed for decreasing their labor force participation. from Moneycontrol Technology News https://ift.tt/hX5MC ...

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Young men are gaming more. Are they working less?

The pandemic accelerated a trend that had been blamed for decreasing their labor force participation. from Moneycontrol Technology News https://ift.tt/jKwhn ...

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Large AI Models: Their huge costs mean thereâs going to be no free AI

Large Language Models like ChatGPT and Bard burn a lot of cash in chip acquisition and various operational costs. These have implications like the latest AI offerings not being made publicly available because every free user costs money for the company at the backend, and not-for-profit business models becoming rendered unviable. How AI companies monetise LLMs will be keenly watched from Moneycontrol Technology News https://www.moneycontrol.co ...

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Moneycontrol Pro Panorama | Switching gears in earnings season

In today’s edition of Moneycontrol Pro Panorama: Cochin Shipyard shows major improvement in earnings, sharp improvement in margins of FMCG firms, crude oil deserves more investor attention, death of the dollar, and more from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/moneycontrol-pro-panorama-|-switching-gearsearnings-season_17105611.ht ...

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1 lakh unicorns 10-20 lakh startups doable: Rajeev Chandrasekhar on India#39;s techade opportunity

Chandrasekhar — who completes two years as Minister of State for Electronics and IT — said the India Stack and the digital public infrastructure built by the country, have demonstrated to the world how technology can be deployed for good from Moneycontrol Technology News https://ift.tt/XYUdK ...

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Moneycontrol Pro Panorama | Tech gets wings

In today’s edition of Moneycontrol Pro Panorama: SCO fails to meet India’s objectives, credit growth in private banks improves, drone sector could be a disruptive force, second half of 2023 mired in challenges, and more from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/moneycontrol-pro-panorama-|-tech-gets-wings_17104501.ht ...

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Tech enthusiasts laud Zuckerberg on launch of Threads

After Threads was made available for download, Zuckerberg wrote, "Our vision is to take the best parts of Instagram and create a new experience for text, ideas, and discussing what#39;s on your mind." from Moneycontrol Technology News https://ift.tt/YsWDp ...

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As businesses clamor for workplace A.I. tech companies rush to provide it

Amazon, Box, Salesforce, Oracle and others have recently rolled out A.I.-related products to help workplaces become more efficient and productive. from Moneycontrol Technology News https://ift.tt/75ZKi ...

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Digital India Act and the challenge of tackling online harms especially emerging ones

The critical ingredient in stemming the growth of old and emerging online harms is to categorise them. Emerging harms include addictive tech, algorithm bias or content that promotes suicide and self-harm. Different categories of harms require different sets of responses, but the same regulatory body cannot form mechanisms to address all harms from Moneycontrol Technology News https://ift.tt/k8Rea ...

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AI creates flux across industries as companies seek AI-fluent workers

Data from Layoffs.fyi suggests that nearly 212,294 workers in the tech industry were laid off in the first half of 2023 alone, already surpassing the 164,709 recorded in 2022. from Moneycontrol Technology News https://ift.tt/QF4uW ...

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In Pics: Robot takes podium as orchestra conductor in Seoul

The two-armed robot, designed by the Korea Institute of Industrial Technology, made its debut leading musicians in the country#39;s national orchestra at the National Theater of Korea from Moneycontrol Technology News https://ift.tt/YeExD ...

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Moneycontrol Daily: Your Essential 7

A daily round-up of the most interesting articles to help jump-start the day. from Moneycontrol Technology News https://ift.tt/yH7Ez ...

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Tesla sales surge but at what cost?

Markets will have to wait to learn what role price cuts played in the carmaker’s big second-quarter delivery numbers from Moneycontrol Technology News https://ift.tt/umKPH ...

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For corporate lawyers the AI era presents new legal risks and compliance requirements

AI presents businesses great opportunities for growth and potentially debilitating legal risks. Corporate counsel have the responsibility of guiding companies through a rapidly evolving legal ecosystem and meeting compliance requirements in many areas of work they do from Moneycontrol Technology News https://ift.tt/B0VYx ...

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Meta#39;s Instagram Threads a potential "Twitter killer" set to launch on July 6

With a user base of over 3 billion across Instagram, Facebook and Meta#39;s other apps, Meta is the biggest competitor to Twitter. from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/meta39s-instagram-threadspotential-"twitter-killer"-set-to-launchjuly-6_17101421.ht ...

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I tried to resign 4-5 times from Apptio: Co-founder Sunny Gupta on his entrepreneurial journey and the company he sold to IBM for $4.6 billion

Apptio’s software manages tech budgets worth $450 billion for client companies. Gupta and his team will continue to operate as a separate entity within IBM after it announced the acquisition, he said. from Moneycontrol Technology News https://ift.tt/D3pUX ...

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Your future AI will have multiple personalities

Some of the most promising AI assistants are being primed in very different ways to help us in our work and personal lives from Moneycontrol Technology News https://ift.tt/GCkBZ ...

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No country can progress without embracing technology RD: Jaishankar

Interacting with the students of NIT Delhi as part of the BJP#39;s mega public outreach to mark nine years of the Narendra Modi government, Jaishankar advised them to understand local and global developments. from Moneycontrol Technology News https://ift.tt/5C1JH ...

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Supreme Court to reopen post summer vacation on July 3 with a digital makeover

The latest digital makeover also includes a state-of-the-art digital video conferencing (VC) system, and free Wi-Fi available for advocates, litigants, media persons and other stakeholders. from Moneycontrol Technology News https://ift.tt/gGoFf ...

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Artificial Intelligence can shorten cancer radiation treatment duration

Predictive AI models can assess a person#39;s likelihood of developing cancer by identifying risk factors. A new AI tool shortens cancer patients#39; waiting time for treatment. from Moneycontrol Technology News https://ift.tt/s9jDG ...

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UK-based firm plans to set up semiconductor unit in Odisha

The semiconductor unit will produce memory chips, used in mobile phones, television sets, laptops, air conditioners and ATMs. from Moneycontrol Technology News https://ift.tt/fJmAz ...

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