Tag: Gemini

Google Working to Fix Gemini AI as CEO Sundar Pichai Calls Some Responses ‘Unacceptable’

Google is working to fix its Gemini AI tool, CEO Sundar Pichai told employees in a note on Tuesday, saying some of the text and image responses generated by the model were “biased” and “completely unacceptable”.

The company had last week paused the use of its tool that creates images of people following inaccuracies in some historical depictions generated by it.

Pichai told employees that some of the tool’s responses offended its users and had shown bias.

“Our teams have been working around the clock to address these issues. We’re already seeing a substantial improvement on a wide range of prompts… And we’ll review what happened and make sure we fix it at scale,” he said.

The company now plans to relaunch Gemini AI in the next few weeks. News website Semafor first reported the news, which was later confirmed by a Google spokesperson.

Since the launch of Microsoft-backed OpenAI’s ChatGPT in November 2022, Alphabet-owned Google has been racing to create a rival AI software.

It released the generative AI chatbot Bard a year ago. Earlier this month Google renamed it Gemini and rolled out paid subscription plans, which users could choose for better reasoning capabilities from the AI model.

Last week, social media platform Reddit struck a deal with Google to make its content available for training the search engine giant’s artificial intelligence models.

The contract with Alphabet-owned Google is worth about $60 million (roughly Rs. 497 crore) per year, according to a source familiar with the matter.

The deal underscores how Reddit, which is preparing for a high-profile stock market launch, is seeking to generate new revenue amid fierce competition for advertising dollars from the likes of TikTok and Meta Platform’s Facebook.

© Thomson Reuters 2024

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Google One Surpasses 100 Million Subscribers Right After Announcement of Gemini Advanced Plan

Google One, the company’s all-in-one subscription service for extra cloud storage across Gmail, Google Photos, Drive, and more, recently crossed 100 million subscribers. The major milestone came just a day after the tech giant unveiled Gemini Advanced, the artificial intelligence (AI) assistant backed by its most powerful foundational model, Gemini Ultra. Its subscription plan is being bundled with Google One, and it is said to have contributed to the accelerated growth of Google One subscribers. The search engine maker had announced that the Gemini Advanced plan will also bring AI capabilities to its other services.

Sundar Pichai, CEO of Google and Alphabet, revealed the milestone via a post on X (formerly known as Twitter) and said, “We just crossed 100M Google One subscribers! Looking forward to building on that momentum with our new AI Premium Plan (launched yesterday) offering AI features like Gemini Advanced.” Additionally, he also revealed that Gmail, Docs, and other services that are part of the Google One subscription will also get AI-based features.

The number is significant for the tech giant, given it removed its free unlimited storage offer for Google Photos in 2021 and has been pushing users to opt for the paid subscription ever since. Back then, the move was not popular, especially for users who had backed more than 15GB of data, which exceeded the free limit. However, gaining more than 100 million subscribers in less than four years highlights the value proposition of Google One.

The impact of the achievement becomes clearer when compared to the company’s YouTube paid subscriptions. Google also recently hit 100 million subscribers on the platform, comprising both YouTube Premium subscribers and YouTube Music subscribers. The milestone came nine years after a paid tier was first announced for YouTube (YouTube Red was launched in October 2015).

In India, Google One monthly subscriptions start at the price of Rs. 130 for 100GB of combined storage space. This also includes some AI-based photo editing features, but none are powered by Gemini. The premium plan with 2TB of storage space is priced at Rs. 650 a month, whereas the Gemini Advanced subscription plan, named Google One AI Premium, is set at Rs. 1,950 per month.

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Exploring Integration of Neurological AI with Technologies Like Web3, QX Lab AI Co-Founder Says

QX Lab AI is attempting to take on offerings like Gemini and ChatGPT from tech giants like Google and OpenAI by integrating new functionality into its own AI service. Created by three Indian founders, this AI startup recently unveiled its generative AI platform named ‘Ask Qx’. What differentiates this platform from its competitors is that Ask QX is 70 percent ‘neurologically trained,’ according to the company. The UAE-based company has now revealed that it is planning to add support for Web3 technology to Ask Qx.

Earlier this month, QX Lab AI launched Ask QX, a service capable of generating AI-based responses to prompts in over 100 languages. In the coming months, the use of this AI with crypto and metaverse are subjects that the company is working on adding support for.

“We are investigating potential synergies that could offer enhanced security, privacy, and decentralised control, which are foundational to Web3. Integration of our neurologically trained AI algorithm with Web3 is currently in the exploratory phase,” said Tathagat Prakash, Co-Founder of QX Lab AI and chief scientist behind Ask Qx, in conversation with Gadgets360.

Presently, Web3 protocols are at a risk of being breached by malicious users. Web3 players working on projects related to metaverse and crypto are laying special focus on ensuring that their projects are protected with multiple layers of security to protect their users and investors and prevent them from exiting the ecosystem, fearing losses.

Ask QX, as per its chief scientist, is equipped with a multi-layer security strategy to make its general use, as well as its integration with Web3, as secure as possible.

“To protect against sophisticated cyber threats, we have state-of-the-art encryption, continuous security audits, and the use of advanced anomaly detection systems,” said Prakash. These systems in place are trained to pre-emptively identify and neutralise potential breaches.

In recent times, several companies have explored the potential of merging metaverse and AI technologies to make the former more immersive and responsive to the end users. AI can help design and personalise digital environments, enhance virtual collaboration, and maintain smart contracts to finetune the metaverse technology, that is rapidly gaining prominence in the global gaming industry.

While the market cap of the AI sector is projected to reach the valuation of $738.80bn by 2030, the metaverse market is estimated to reach $1,303.4 billion in the next six years.

The increasing use of these new age technologies, however, have given rise to several environment-related concerns. The large scale of computer power that is needed to run and maintain these operations is resulting in substantially high influx of carbon emissions and other greenhouse gases.

Addressing these concerns, Prakash said that QX Labs AI is ‘pioneering’ a unique architecture designed for environmental sustainability. “We aim to significantly reduce the carbon footprint of our AI operations by optimising model efficiency, leveraging cutting-edge techniques in model compression and using energy-efficient computing,” he noted.

 

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Samsung Galaxy S24 Series to Come With Google’s Gemini AI Capabilities

At the Galaxy Unpacked event, Samsung unveiled its all-new Galaxy S24 series, which includes the Galaxy S24 Ultra, Galaxy S24+, and Galaxy S24. At the same event, Google announced that the new Samsung Galaxy S24 series will use Gemini, the company’s foundational model, to power the AI capabilities. Gemini Pro will be integrated into select Samsung apps to enhance functionalities. 

Notably, Samsung’s Notes, Voice Recorder and Keyboard apps on the Galaxy S24 series will use Gemini Pro to offer better summarisation features. 

As per Google, thanks to Gemini’s AI enhancements, if you record a lecture using the Voice Recorder app, it can summarise the lesson. Similarly, Google’s advanced text-to-image diffusion technology, Imagen 2, will offer image editing features using Generative Edit within the Galaxy S24 Gallery app.

The company also announced that the Galaxy S24 series will come built-in with Gemini Nano, the most efficient model for on-device tasks. This will enable a new feature in Google Messages and ensure user data doesn’t leave the smartphone. 

Additionally, Google confirmed that Samsung would be one of the first partners to test Gemini Ultra, the company’s largest model for highly complex tasks, before it is available broadly to developers and enterprise customers later this year.

An exact timeline wasn’t given at the event, but Samsung teased that some Galaxy S24 AI capabilities are coming to previous-generation Galaxy devices. 

Google also announced that the Galaxy S24 series is getting Magic Compose feature thanks to Gemini Nano. Other new AI features for the Galaxy S24 series include Photomoji and Voice Moods.

Google also announced its all-new Circle to Search and multisearch features to make Search more intuitive for users. The new Circle to Search feature will be available starting January 31, 2024, on select Android devices like the all-new Galaxy S24 series alongside Pixel 8 and Pixel 8 Pro. The multisearch feature using generative AI is rolling out in the US later this week.

Is the Samsung Galaxy Z Flip 5 the best foldable phone you can buy in India right now? We discuss the company’s new clamshell-style foldable handset on the latest episode of Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.

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Google Mulling Gemini AI-Powered Chatbot to Tell Personal Life Stories Using Photos, Search Activity: Report

Google is considering the development of a new chatbot that is capable of telling the story of a user’s life based on their photos and search history, according to a recent CNBC report. The search giant could use large language models (LLMs), such as the recently unveiled multimodal Gemini model, as part of a new AI project. Gemini is touted to compete with OpenAI’s GPT-4 model, and Google claims that its top-of-the-line model outperforms its closest competitor on some benchmarks.

A CNBC report that cites internal documents states that one of Google’s AI teams has suggested that the company develop an AI-based technology to use data from users’ smartphones — including photos and their search activity — that will be consumed by an AI-powered chatbot. The project, dubbed Project Ellman, can then use the information to provide answers to “previously impossible questions”, according to the report.

Instead of simply relying on “just pixels with labels and metadata”, Project Ellman would try to spot patterns in a user’s photos, studying photos and memories before and after the image to gain context, according to the report. The company’s internal document also envisions “Ellman Chat” becoming “Your Life Story Teller.”

Google currently collects user’s photos that are stored on the company’s servers as part of its Google Photos backup and sync feature. The company did not specify whether the data source would be from Google Photos synced to the cloud, or whether the images would be processed on the user’s device.

“This was an early internal exploration and, as always, should we decide to roll out new features, we would take the time needed to ensure they were helpful to people, and designed to protect users’ privacy and safety as our top priority”, a company spokesperson told the publication.

It is unclear whether Google is actively working on adding support for such a personalised AI chatbot that relies on its new Gemini AI models, which were unveiled by the company last week. Google’s most powerful model — Gemini Ultra — won’t be available until next year and is capable of outperforming OpenAI’s GPT-4 model in some tests, according to Google.

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Cryptocurrency Firms Gemini, DCG, Genesis Sued in US for Alleged $1 Billion Fraud

New York Attorney General Letitia James on Thursday sued cryptocurrency firms Genesis Global, its parent company Digital Currency Group (DCG) and Gemini for allegedly “defrauding” investors of more than $1 billion (roughly Rs. 8,317 crore). 

The development underscores the challenges the crypto industry continues to face almost a year after the bankruptcy of Sam Bankman-Fried’s exchange FTX, which led to a meltdown in the sector that overwhelmed several major firms. 

Through the lawsuit, Attorney General James is seeking restitution for investors and “disgorgement of ill-gotten gains,” along with a ban on all the three cryptocurrency firms from the financial investment industry in New York. 

At the heart of the lawsuit is a programme that Gemini ran in partnership with Genesis, dubbed “Gemini Earn”. The program allowed customers to lend crypto assets such as bitcoin to Genesis. 

Gemini, run by the Winklevoss twins best known for their legal battle against Meta Platforms’ Mark Zuckerberg, had billed the program as a “low-risk investment” even when its internal analyses had found Genesis was on risky financial footing, James alleged. 

Gemini knew Genesis’ loans were undersecured and at one point highly concentrated with one entity, Bankman-Fried’s crypto hedge fund Alameda that later went belly up, James said. 

Gemini did not reveal any of this information to the investors of Gemini Earn, she added. 

Gemini posted on messaging platform X, formerly known as Twitter, that the lawsuit “confirms what we’ve been saying all along”, but disagreed with the decision to also sue Gemini. 

Genesis and Gemini have clashed several times over the past few months, including over Gemini Earn. Gemini is also the largest creditor of Genesis, which filed for bankruptcy protection in January. 

DCG said it was blindsided by the attorney general’s complaint and the company’s CEO Barry Silbert said the lawsuit had “baseless allegations”. 

“We fully intend to fight the claims and look forward to being vindicated in this case … we have actively cooperated for months with the attorney general’s investigation,” DCG added. 

DCG assumed certain liabilities of Genesis last year to mitigate the hit to the unit from its exposure to bankrupt crypto hedge fund Three Arrows Capital. 

“Last year, my and DCG’s goal was to help Genesis weather the storm caused by the collapse of Three Arrows … it is unfortunate that this lawsuit omits that fundamental fact,” Silbert said. 

© Thomson Reuters 2023

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Gemini Crypto Exchange to Invest Up to Rs. 200 Crore in India as Part of Expansion Plans

Gemini crypto exchange, originally based in the US, is now exploring foreign nations to expand its operations in and India seems to have caught its attention. Gemini first forayed in India back in May and after testing the waters for the last four months, the crypto exchange has decided to broaden its presence in the nation. With a capital influx of $24 million (roughly Rs. 200 crore), the exchange will be growing its development centre in Gurugram, a city that makes for an integral part of India’s National Capital Region (NCR).

Gemini has already onboarded over 70 staff members in its Gurugram team. The company is hiring for more roles to fill its internal verticals, including tech development, finance, and compliance.

In the next two years, the exchange plans to invest up to Rs. 200 crore in its Gurugram facility.

“India has long been regarded as a hub for bar-raising talent by the world’s top technology companies, and we are thrilled to share that we are deepening our investment in the country. We are delighted to build on that announcement and reveal that we have opened our office within the Cyber Hub at Campus Cyber Greens,” the exchange said in an official statement.

The exchange is looking to tap into India’s engineering talent to grow its ecosystem with fresh Web3 solutions that eventually add more layers of safety for its community members.

“Our teams based in Gurgaon will also be responsible for core platform fundamentals in the areas of compliance, data pipelines and warehousing, security, and payments, complementing our 500+ strong global workforce,” the company’s post added.

Pravjit Tiwana has reportedly been appointed as the CEO for Gemini’s Asia-Pacific (APAC) operations. He was previously global chief technology officer (CTO) at the crypto exchange.

Previously, other crypto platforms like Coinbase and Algorand have also shown interest in onboarding software talent from India onto their teams.

In the backdrop of India coming closer to possibly getting a concrete set of crypto rules around December this year, other crypto firms have also stepped into the market.

In June, Gibraltar-based cryptocurrency bank Xapo announced its expansion to India. The OKX crypto exchange based in Seychelles is also scheduling a full-fledged expansion to India.

“India is undoubtedly a leading global hub for entrepreneurship and technological development. We are thrilled to build Gemini’s presence in India as we continue on our mission to unlock the next era of financial, creative, and personal freedom with crypto and Web3 innovation,” Gemini’s blog added, praising the ‘Startup India’ initiative.

Cryptocurrency is an unregulated digital currency, not a legal tender and subject to market risks. The information provided in the article is not intended to be and does not constitute financial advice, trading advice or any other advice or recommendation of any sort offered or endorsed by NDTV. NDTV shall not be responsible for any loss arising from any investment based on any perceived recommendation, forecast or any other information contained in the article.

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Mastercard, Binance to End Crypto Card Programmes in Four Countries

Mastercard and crypto exchange Binance will end their four crypto card programmes in Argentina, Brazil, Colombia and Bahrain as of September 22, a spokesperson for Mastercard said via email on Thursday.

The Binance cards allow users to make payments in traditional currencies, funded by their cryptocurrency holdings on the exchange.

Mastercard’s website also lists partnerships with crypto exchanges including Gemini. The decision will not impact any of Mastercard’s other crypto card programmes, the spokesperson said.

Binance is facing legal and regulatory challenges. US regulators sued the crypto exchange and its CEO Changpeng Zhao in June for allegedly operating a “web of deception.” Binance has said it would defend itself “vigorously.”

Mastercard’s head of crypto and blockchain, Raj Dhamodharan, told Reuters in April that the company was seeking more partnerships with crypto firms. He declined to comment on Binance specifically, but said any card programme “goes through full due diligence” and is continuously monitored.

A Mastercard spokesperson declined to comment on why the Binance programme was ending or who made the decision.

Binance did not immediately respond to a comment request sent via email. The exchange’s customer support account on X, formerly known as Twitter, said earlier on Thursday that the Binance Card “will no longer be available to users in Latin America and the Middle East.”

© Thomson Reuters 2023

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Genesis Creditor Gemini Sues Parent Company Digital Currency Group, CEO

Cryptocurrency exchange Gemini, the largest creditor of bankrupt crypto lending firm Genesis, sued parent company Digital Currency Group (DCG) and its CEO, the day after DCG missed the exchange’s deadline for agreeing to a restructuring deal for the venture capital firm’s troubled unit.

DCG and Gemini, two prominent players in the crypto industry, have clashed several times over the past few months following the collapse of Genesis, which filed for bankruptcy in January. 

The lawsuit alleges DCG and its CEO Barry Silbert misrepresented the accounting treatment of certain liabilities that DCG assumed from Genesis as a result of losses Genesis suffered from the collapse of Singapore-based crypto hedge fund Three Arrows Capital in June 2022. 

In a statement, a DCG spokesperson said it expects to soon bring the Genesis bankruptcy case to a close. 

“Any suggestion of wrongdoing by DCG or any of its employees is baseless, defamatory, and completely false. From day one, DCG has remained committed to reaching an amicable solution for all parties to the Genesis bankruptcy,” the spokesperson said. 

The dispute between Gemini and DCG came to a head earlier this week after Gemini set a deadline for DCG to agree to a restructuring deal by Thursday afternoon. Gemini’s co-founder Cameron Winklevoss had said that after that deadline, his company would sue DCG and Silbert.

Although the lending unit of Genesis had initially outlined a plan to exit bankruptcy by May, it has yet to reach an agreement on a restructuring plan with creditors, to whom it owes more than $3 billion (nearly Rs. 24,800 crore), according to court filings. Gemini is seeking to recoup more than $1.1 billion (nearly Rs. 9,100 crore) from Genesis. 

© Thomson Reuters 2023

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Gemini Crypto Exchange Sets Up Office in Gurugram, Plans to Expand Work With Indian Engineers: Report

Gemini, a US-based crypto exchange, is gearing up to work with Indian engineering talent as it expands its presence in Asia, according to a report. The company has reportedly set up an office in Gurugram and is actively scouting to onboard software developers and technical product heads from India. These new hires will work on Web3, decentralised finance (DeFi), Non-Fungible Tokens (NFT), and Decentralised Autonomous Organisations (DAO) technologies. In recent years, several crypto firms including Coinbase and Algorand have been moving their focus on getting Indian developers to join their teams.

Gemini is planning to make India its second largest hub for engineering, according to a TechAsia report. Pravjit Tiwana has reportedly been appointed as the CEO for Gemini’s Asia-Pacific (APAC) operations. he was previously global chief technology officer (CTO) at the crypto exchange.

As part of his responsibilities, Tiwana will handle Gemini’s products and services in the APAC region, as per the report. Along with India, Gemini is also looking to expand its services in Singapore. After surviving last year’s crypto winter, Gemini found itself in a cash-crunch. At the time, its founders Tyler Winklevoss and Cameron Winklevoss invested $100 million (roughly Rs. 820 crore) of their own funds.

Asian nations like India, China, Japan, and South Korea are witnessing massive interest from Web3 firms. Recently, Bitget, a Seychelles-based crypto exchange, launched a Web3 fund worth $100 million (roughly Rs. 819 crore) in Asia.

While Japan is being touted as a crucial market for the Web3 gaming sector, India is being looked at for its diverse workforce of young engineers. The country is projected to produce over five million software engineers this year.

In 2022, Coinbase chief Brian Armstrong visited India to pitch jobs in the sector to engineers studying in top colleges and universities in the country.

Earlier this month, Anil Kakani, the Vice President and the India Country Head at Algorand Foundation told Gadgets 360 that onboarding as many Indian developers as possible onto the Web3 wagon is crucial for the development of the sector.

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