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5 Ways AI Created Smarter Spaces in 2023

Medial

Medial · 1y ago

5 Ways AI Created Smarter Spaces in 2023

The blog post from NVIDIA discusses the integration of NVIDIA AI Metropolis with NVIDIA Omniverse, aiming to enhance the development of AI-powered applications for smart cities. By combining the capabilities of Metropolis, which focuses on video analytics and computer vision, with Omniverse's simulation and collaboration features, developers can create and deploy AI models more efficiently. The integration enables testing and validation of AI models in realistic urban environments within Omniverse, contributing to the advancement of AI applications for urban planning, traffic management, and public safety. The collaboration demonstrates NVIDIA's commitment to empowering AI innovation in diverse domains.

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Third Bracket raises close to ₹5 crore to transform hiring with AI

Inshorts · 3m ago

Third Bracket raises close to ₹5 crore to transform hiring with AI

Smart hiring platform, Third Bracket, raised close to ₹5 cr in seed funding from HNIs. The funds will drive AI innovation to improve recruitment speed, reduce bias, and enhance efficiency. Founded in 2023, it aims to rebuild hiring processes by integrating AI for smarter, faster, and inclusive talent acquisition. The platform has gained traction in sectors like FinTech and IT.

These premium appliances are turning heads: Find out what the buzz is all about

Livemint

Livemint · 10m ago

These premium appliances are turning heads: Find out what the buzz is all about

Summary: AI has made significant advancements in the form of smart appliances that are designed to simplify and streamline daily tasks. Examples include the Wonderchef Chef Magic, a versatile all-in-one kitchen robot, the Baby Brezza Formula Pro dispenser for hassle-free baby formula preparation, the Bartesian Premium Cocktail and Margarita Machine for effortless cocktail mixing, and the Braun IPL 5152 Hair Removal System for long-lasting hair reduction. These smart appliances offer convenience, efficiency, and connectivity to transform homes into smarter spaces.

The internet is about to get much worse

Economic Times

Economic Times · 1y ago

The internet is about to get much worse

The proliferation of AI-generated content is raising concerns among creators who fear their work is being exploited for profit without their consent. Examples include AI-generated voices created from recordings made years ago and the use of artists' work to train AI systems. The erosion of trust in digital spaces as contributors' content is monetized and potentially used against them is a growing issue. Calls for ethical standards, consent, control, and compensation for contributors are emerging, with the need to protect creators' rights in the AI era becoming increasingly important.

Flipkart layoffs hit four senior level executives: Report

IndianStartupNews

IndianStartupNews · 1y ago

Flipkart layoffs hit four senior level executives: Report

Flipkart, the Walmart-owned ecommerce company in India, has reportedly laid off four senior vice presidents as part of its efforts to increase agility and efficiency. The executives leaving include heads of Cleartrip, marketplace and categories, fintech and payments, and growth and retention. This move follows previous departures of several key executives in May. Flipkart aims to achieve profitability by the end of 2024 and will continue to look for ways to collaborate with businesses created by the departing executives. The layoffs are part of a broader organizational reshuffle, affecting around 5-7% of Flipkart's workforce.

Freelancers, startups drive demand for co-working spaces in Bengaluru

Economic Times

Economic Times · 1y ago

Freelancers, startups drive demand for co-working spaces in Bengaluru

The demand for co-working spaces in Bengaluru is on the rise, with startups opting for more flexible offices to save on costs and provide networking opportunities. Co-working spaces offer startups the flexibility of leasing contracts and a variety of options, reducing initial costs associated with traditional office spaces. Bengaluru has become the top city for flexible offices in India, with 39% of operational flex space. While the demand in 2023 is slightly slower compared to 2022, there is still optimism about the demand for co-working spaces in the coming year.

Sam Altman compares today's ChatGPT to a 'barely useful cellphone'

Business Insider

Business Insider · 1y ago

Sam Altman compares today's ChatGPT to a 'barely useful cellphone'

OpenAI CEO Sam Altman compares the current model of ChatGPT to a "barely useful cellphone" with the potential for much greater advancement. Altman envisions a future where AI technology like GPT-5 can provide personalized tutoring, medical advice, and solutions to global issues. OpenAI is working on developing smarter AI models, with GPT-4 Turbo being the most advanced released so far. Altman encourages patience as the technology continues to progress, and he expects significant improvements within a few years.

Growth leaders turn to Intellsys for smarter scaling

Inshorts · 2m ago

Growth leaders turn to Intellsys for smarter scaling

Top-performing teams across industries are adopting Intellsys to scale faster and smarter. From understanding customer acquisition cost to tracking conversions and churn, the AI copilot offers a complete, real-time view of business health. With smarter alerts and simplified insights, growth teams are spending less time guessing and more time scaling.

Bhutani Infra, Yashoda Hospital to jointly build 10.25-acre mixed-use project in Greater Noida

OutlookIndia

OutlookIndia · 3m ago

Bhutani Infra, Yashoda Hospital to jointly build 10.25-acre mixed-use project in Greater Noida

Bhutani Infra has partnered with Yashoda Hospital to develop a mixed-use project on a 10.25-acre land in Greater Noida. The project will include a hospital, a 5-star hotel, office spaces, and retail areas, with an estimated investment of Rs 1,000 crore, excluding land costs. Yashoda Hospital will manage the medical infrastructure, aiming for proactive and AI-driven healthcare services that integrate technology and well-being into daily life.

OpenAI discussing localization of ChatGPT India data

Livemint

Livemint · 6m ago

OpenAI discussing localization of ChatGPT India data

OpenAI is exploring ways to localize Indian user data, aligning with India's Digital Personal Data Protection Act, 2023. With India being a significant market for OpenAI, the company aims to enhance its presence amidst competition from China and within the US. Discussions on data localization involve potential partnerships, like with Yotta Data Services. Despite legal challenges and evolving AI models, OpenAI emphasizes the importance of India in its global strategy for AI developments.

AI spending in India may triple to $5 billion by 2027: report

Economic Times

Economic Times · 1y ago

AI spending in India may triple to $5 billion by 2027: report

According to a report by Intel and IDC, spending on Artificial Intelligence (AI) in India is projected to triple to $5 billion by 2027. The report reveals that AI spending in India reached $1,703.8 million in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 31.5% between 2023 and 2027. The major contributors to AI spending in 2023 were AI infrastructure provisioning, augmented customer service agents, digital assistance, augmented threat intelligence, and program advisors recommendation systems. The report suggests that AI will have a significant presence in various sectors by 2027.

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