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News on Medial
AI Alliance expands community with seven more members from India
YourStory
·
10m ago
Medial
Seven Indian organizations, including AI4Bharat, IIT Jodhpur, Infosys, KissanAI, People+AI, Sarvam AI, and Wadhwani AI have joined the AI Alliance, a global community focused on promoting safe and responsible AI through open innovation. The AI Alliance, which already includes IIT Bombay as a founding member, provides a platform for collaboration and contribution towards shaping the global AI landscape. The new Indian members bring diverse expertise, spanning technology, agriculture, and AI research, and will contribute to addressing the unique opportunities and challenges of AI in India. The alliance was established in 2023 and emphasizes collaboration in AI software, data, safety, security, hardware, and education.
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Spotify expands audiobook access to family plan members for the first time | TechCrunch
TechCrunch
·
23d ago
Medial
Spotify has expanded its premium audiobooks service, introducing two new plans offering more listening hours and access for family members. Available in select countries like the U.K. and Australia, the Audiobooks+ plan adds 15 extra monthly listening hours to the base Premium plan. Family and Duo plan members can now share 15 monthly audiobook hours. Users must request access from plan managers, who can purchase add-ons. Spotify aims to grow its audiobook market and catalog of 375,000 titles.
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Meta permits its AI models to be used for US military purposes
Economic Times
·
9m ago
Medial
Meta is now allowing US government agencies and contractors to use its AI models for military purposes, a departure from its previous policy. The company's AI models, called Llama, will be made available to federal agencies and already has partnerships with defense contractors like Lockheed Martin and Booz Allen. Llama is open source, meaning it can be freely copied and distributed. Meta's move aims to support the safety, security, and economic prosperity of the United States and its allies in the global AI race. The company plans to share its technology with members of the Five Eyes intelligence alliance.
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Meta AI Expands Language Support With Hindi And Hindi-Romanised Script
Inc42
·
1y ago
Medial
Meta AI, the artificial intelligence platform, has expanded its language support to include seven new languages, including Hindi. The company is now available in 22 countries, with recent additions such as Argentina, Chile, Colombia, Ecuador, Mexico, Peru, and Cameroon. Additionally, Meta AI has released its advanced open-source model, Llama 405B, which is now accessible on WhatsApp and meta.ai in Hindi.
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Bill Gates, PM Narendra Modi discuss AI, women-led development and DPI
Economic Times
·
1y ago
Medial
Microsoft founder Bill Gates recently met with Prime Minister Narendra Modi to discuss various topics, including artificial intelligence for public good, digital public infrastructure, women-led development, and more. Gates expressed his admiration for Modi and they explored ways to implement lessons learned from India on a global scale. Gates also mentioned his partnership with India's efforts to promote women's empowerment and gender equality through the Alliance for Global Good. The alliance focuses on gender health, education, and enterprise, with the aim of achieving equitable development.
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ADIF and IIT Guwahati incubation center sign MoU to boost startup ecosystem
Economic Times
·
1y ago
Medial
The Alliance of Digital India Foundation (ADIF) and IIT Guwahati Technology Incubation Centre (IIT Guwahati TIC) have signed a two-year memorandum of understanding (MoU) to support technology startups and promote entrepreneurship. This partnership will create collaboration between ADIF's network of startups and entrepreneurs and IIT Guwahati's pool of innovators, faculty, and incubation facilities. Under the agreement, ADIF will offer alliance membership to IITG TIC's portfolio startups, providing them with discounted services, resources, and mentorship opportunities. In return, IITG TIC will support ADIF members with mentoring, market connections, pitching support, and networking events. Both organizations will also organize startup courses, workshops, hackathons, and research initiatives.
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Offline raises $2 million from a clutch of angel investors
Economic Times
·
1y ago
Medial
Offline, a private members' community for tech founders and CEOs in India, has secured $2 million in funding from angel investors, including Lalit Keshre of Groww, Harshil Mathur and Shashank Kumar of Razorpay, and others. The platform, founded by Utsav Somani, former India head of AngelList, aims to create a close-knit community of startup founders who meet specific growth criteria, such as having raised $5 million, generated $5 million in revenue, or had a previous exit worth $10 million. Offline plans to curate monthly meetings with 6-8 founders, bringing in executive coaches and facilitators to add value to the discussions.
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America-India is the AI power of the new world: PM Modi
Economic Times
·
10m ago
Medial
Prime Minister Narendra Modi highlighted the strong relationship between India and the US in terms of artificial intelligence and referred to it as the "America-India spirit" during his address to the Indian diaspora in New York. He praised the Indian community for being strong brand ambassadors for the country and emphasized the unity and diversity of India. PM Modi stated that India and the US are becoming AI powerhouses, and their partnership has made significant progress in various areas such as space, semiconductors, and renewable energy. The event was attended by 15,000 members of the Indian diaspora from across the US.
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Walmart sources bicycles from India, partners Hero Ecotech
Economic Times
·
1y ago
Medial
Retail giant Walmart has partnered with Hero Ecotech in a strategic alliance to source bicycles from India. The first batch of India-made bicycles will be available in select Walmart stores in the US, just in time for the holiday season. This move is in line with Walmart's commitment to triple exports from India to $10 billion annually by 2027. The bicycles, carrying the Concord brand, are cruiser-style bikes designed by Hero Ecotech and made with more than 90% raw materials sourced from India.
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Suleyman brings knowledge and past controversy as he joins Microsoft’s AI effort
Livemint
·
1y ago
Medial
Mustafa Suleyman, known for his work at DeepMind and Google, is leaving his startup, Inflection AI, to join Microsoft. Suleyman, along with his startup co-founder and team members, will lead a new division at Microsoft. His role will involve overseeing AI products for the company's consumer offerings, such as Bing search engine and Windows. Suleyman is an influential figure in the AI community but has faced controversies in the past. Inflection AI plans to pivot its business away from consumer products towards services for enterprises, with its investors being repaid over time through a licensing deal between Microsoft and Inflection.
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OpenAI expands its custom model training program
TechCrunch
·
1y ago
Medial
OpenAI has expanded its Custom Model program, allowing enterprise customers to develop tailored generative AI models for specific use cases. The program, launched last year, allows companies to work with OpenAI researchers to train and optimize models for specific domains. The expansion includes assisted fine-tuning, which leverages techniques beyond fine-tuning to improve model performance, and custom-trained models built using OpenAI's base models. OpenAI believes that personalized models will become the norm for organizations seeking more meaningful, specific impact from AI implementations. The company has also introduced new features for developers working with GPT-3.5.
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