Researchers at India’s AI4Bharat are raising $12 million (nearly Rs. 100 crore) from venture capital firms Peak XV and Lightspeed Venture for an artificial intelligence startup, according to three people familiar with the matter. The larger-than-usual seed funding round underscores the growing interest in generative AI, after OpenAI‘s ChatGPT dazzled users with…
The proposed EU Artificial Intelligence legislation would jeopardise Europe’s competitiveness and technological sovereignty, according to an open letter signed by more than 160 executives at companies ranging from Renault to Meta. EU lawmakers agreed to a set of draft rules this month where systems like ChatGPT would have to disclose…
Inflection AI, a startup backed by several Silicon Valley heavyweights, said on Thursday it had raised $1.3 billion (nearly Rs. 10,670 crore) from investors including Microsoft and Nvidia, amid a boom in the artificial intelligence (AI) sector. The investment, a mix of cash and cloud credit, valued the one-year-old company…
Two US authors sued OpenAI in San Francisco federal court on Wednesday, claiming in a proposed class action that the company misused their works to “train” its popular generative artificial-intelligence system ChatGPT. Massachusetts-based writers Paul Tremblay and Mona Awad said ChatGPT mined data copied from thousands of books without permission,…
Baidu, China’s leading search engine provider, said the latest iteration of its ChatGPT-style service had surpassed the widely popular Microsoft-backed OpenAI chatbot on multiple key metrics. Baidu said in a statement on Tuesday that Ernie 3.5, the latest version of its Ernie AI model, had surpassed “ChatGPT in comprehensive ability…
Technology company executives Mark Zuckerberg and Sam Altman expressed support for government oversight of artificial intelligence after discussions with European Commission Thierry Breton. The commissioner said Friday that he and Zuckerberg, chief executive officer of Meta Platforms, were “aligned” on the EU’s regulation of artificial intelligence, which is now in…
SoftBank Group‘s Chief Executive Masayoshi Son said on Tuesday he is a “heavy user” of ChatGPT, the artificial intelligence-powered chatbot from Microsoft-backed startup OpenAI. Son said he is speaking “almost everyday” to OpenAI CEO Sam Altman, who has made high-profile visits to Tokyo this year as he looks to capitalise…
UN Secretary-General Antonio Guterres on Monday backed a proposal by some artificial intelligence executives for the creation of an international AI watchdog body like the International Atomic Energy Agency (IAEA). Generative AI technology that can spin authoritative prose from text prompts has captivated the public since ChatGPT launched six months…
OpenAI is against regulating smaller startups in the field of artificial intelligence, Sam Altman, Chief Executive of the firm behind ChatGPT, said at a conference in India’s New Delhi. “We have explicitly said there should be no regulation on smaller companies. The only regulation we have called for is on…
Companies deploying generative AI tools such as ChatGPT and Bard with the potential to generate disinformation should label such content as part of their efforts to combat fake news, European Commission deputy head Vera Jourova said on Monday. Unveiled late last year, Microsoft-backed OpenAI‘s ChatGPT has become the fastest-growing consumer…
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