Broadcom: Broadcom shares plunge as revenue target disappoints investors hoping for big AI boost

BroadcomShares fell more than 7% in early trading on Friday after the chipmaker provided a tepid boost. revenue The forecast spooked investors who were betting on strong demand for AI chips Drive hard growth. Chipmakers are bearing the brunt of elevated Wall Street expectations after a months-long rally in stocks. semiconductor companies as investors place … Read more

AI City: Telangana signs MoU for establishment of World Trade Centre within its AI City

Telangana signed a Memorandum of Understanding (MoU) with the World Trade Center Association (WTCA) for the establishment of the World Trade Center Within its ambitious AI CityThe government announced on the second day of its World Summit on Artificial Intelligence 2024. The WTC AI City will feature 90,000 square meters of built-up space and will … Read more

Amazon blames Alexa’s glitch for backing Kamala Harris over Donald Trump

Amazon Alexa’s political bias: Tech companies and their products, including their virtual assistants, often refrain from expressing their opinion on any political event. AI chatbots are designed to remain neutral, so they refrain from answering any queries that might force them to take sides. Breaking from this trend, Amazon’s virtual assistant Alexa recently endorsed US … Read more

OpenAI: OpenAI Considers More Expensive Subscriptions for its AI Chatbot

OpenAI Executives have discussed higher-priced subscriptions for upcoming big language models such as the reasoning-focused Strawberry and a new flagship LLM called Orion, the Information reported Thursday. In early internal conversations at OpenAI, subscription prices of up to $2,000 per month were discussed, the report said, citing a person with direct knowledge of the numbers. … Read more

Industrial Metaverse Adoption: After a lull, industrial metaverse adoption is picking up across industries, experts say

The adoption of the industrial metaverse has accelerated with the maturation of Technologies such as artificial intelligence (AI), generative intelligence AI (GenAI), cloud, internet of things (Internet of Things), extended reality5G and edge computing, after a pause during the Covid-19 pandemic, industry executives and experts said. They said the industrial metaverse, which refers to the … Read more

Telangana: Telangana doubles down on AI with its World AI Summit

Telangana is looking at his AI City as the “cradle of innovative advancements,” the state’s IT Minister said. Duddila Sridhar Babu He said in two days World Summit on Artificial Intelligence being held in Hyderabad. The government signed 26 memoranda of understanding (MoUs) with private players, including academic institutions, large technology companies, startups and non-profit … Read more

Goavega: Goavega expects 30-35% growth and a strong portfolio of AI-based product engineering services

Goavegaa specialist in AI-based product engineering serviceshas launched a product aimed at helping companies design next-generation AI-based software products that will help organizations around the world. Industries further innovate Faster and smarter. With over a decade of experience supporting startups and large companies, Goavega has developed the new set of AI services. “AI is no … Read more

AI standards: US, UK and EU to sign deal on AI standards, report says

The United States, Britain and the EU are expected to sign the first international treaty treaty on the use of AI that is legally bindingthe Financial Times reported on Thursday. The three would sign the Council of EuropeThe AI ​​convention was held on Thursday, the paper said, adding that the convention was drafted for more … Read more

Australia plans AI rules: Australia plans AI rules on human oversight and transparency

Australia’s centre-left government said on Thursday it planned to introduce Specific artificial intelligence rules including human intervention and transparency amid rapid deployment of AI tools in business and everyday life. Minister for Industry and Science Ed Husic unveiled 10 new voluntary guidelines on AI Systems and said the government has opened a month-long consultation on … Read more

AI startup: SSI, the new security-focused AI startup from OpenAI co-founder Sutskever, raises $1 billion

Secure Superintelligence (SSI), recently co-founded by OpenAIFormer chief scientist Ilya Suction spoonshas raised $1 billion in cash to help develop secure artificial intelligence systems that far exceed human capabilities, company executives told Reuters. SSI, which currently has 10 employees, plans to use the funds to acquire computing power and hire top talent. It will focus … Read more