Alphabet's stock has reportedly grown by 10 per cent to USD 171.95, making it the largest one-day gain of the company. Alphabet’s shares have also upscaled by 23 per cent, which has outperformed the Nasdaq 100 Index, the report stated.
Apple is likely to roll out its AI-powered features with iOS 18. The company expected to unveil more details on these features during its WWDC in June. Before the conference, the company has restarted negotiations with OpenAI for powering its AI features.
Apple is yet to roll out any foundational generative AI model for commercial use. However, the company’s CEO in February this year said that Apple devices will soon have generative AI features.
Meta boasts an average of 3.24 billion daily active people (DAP) across its suite of apps, marking a 7 per cent year-on-year. Furthermore, Instagram Threads has surpassed 150 million monthly active users, rising from 130 million in February.
With the introduction of multimodal AI capabilities, the Ray-Ban Meta smart glasses offer an enhanced user experience and greater utility for everyday tasks. As Meta continues to innovate, users can expect further advancements and improvements in smart eyewear technology.
Google's Gemini AI Assistant is set to introduce a voice assistant for Android devices to poise an upgrade to better compete with Google Assistant. Gemini has started facing challenges in gaining user popularity due to its limitations in performing on-device tasks.
The AI framework has been prepared after discussions with the IT industry on the misuse of AI and how to stop it. The framework aims to enable the use of AI for economic growth and address its risk by setting up the guardrails.
The Asia-Pacific region has experienced a remarkable increase in GenAI adoption, encompassing software, hardware, and services for AI-centric systems. Projections suggest that GenAI spending in the region is expected to reach USD 26 billion by 2027.
Snapchat’s new feature is aimed at preventing the misuse of AI-generated images. The company has also changed its terms and conditions and has warned its users against removing the 'Ghost with sparkles' watermark from images generated by AI.
The AI sector is significantly growing, with investments projected to surge further. OpenAI and Microsoft are very much focused on initiating the constructing of 'Stargate' supercomputer which will highlight the dedication of the industry wit hAI capabilities.
Google announced significant restructuring plans, possibly resulting in employee layoffs, with CFO Ruth Porat conveying the message via memo. Porat cited the tech sector's platform shift towards AI, highlighting the need for tough decisions to align with priority areas.
Samsung, a renowned consumer tech brand, has announced the development of the industry's inaugural low-power double data rate 5X (LPDDR5X) DRAM chip. Specifically designed for artificial intelligence (AI) applications, this memory solution represents a significant advancement in the field.
OnePlus recently introduced an artificial intelligence-based Eraser image editing feature for smartphone users. With its partnership with Google, OnePlus and Oppo plans to offer a variety of AI experiences and broaden the scope of mobile AI innovations.
Apple researchers have previously published papers on multimodal LLMs (MLLMs) and on on-device AI models. The new paper highlights an AI model called Ferret UI, which can navigate through smartphone screens.
A recent report revealed that around 31 per cent of women in tech are willing to leave their company in the upcoming year due to poor management (29 per cent), having more diversity, and equity, getting better compensation (28 per cent), and inclusion (25 per cent).
Last month, PM Modi has a conversation with Bill Gates, the Co-founder of Microsoft, where he expressed his concerns over deepfakes in a democratic country like India.
Considering Microsoft's advisory, the center has asked digital platforms to take full accountability for their AI model. Last month, it said that social media intermediaries should maintain the integrity of the electoral process.
Lok Sabha elections 2024 are scheduled to take place in seven phases beginning April 19, and the counting of votes is set for June 4. A report by Microsoft's threat intelligence team has warned that Chinese-backed groups may try to influence the upcoming general elections.
Meta currently labels only those media as created or altered by AI, which makes a person appear to say something they didn’t say. The company's AI content label will now cover a broader range of media.
The government earlier issued an advisory to tech companies in India to obtain permission before deploying unreliable AI models in the country. Now, the government is gearing up to bring legislation to regulate artificial intelligence.
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