A consortium led by Elon Musk has offered $97.4 billion to buy the nonprofit that controls Sam Altman-led OpenAI, in what has became the billionaire’s latest move to block the start-up’s transition into a for-profit company, according to a Reuters report. Also Read | British MP objects to ‘Bengali’ signboard at London station; Elon Musk … Read more
New and emerging technologies were in focus in the Union Budget, as Finance Minister Nirmala Sitharaman announced a national framework for Global Capability Centres (GCCs), Rs 500-crore Centre of Excellence in AI for education, and said a deep tech ‘Fund of Funds’ will be explored to catalyse the next generation startups. A new Fund of … Read more
Washington DC: ChatGPT creator OpenAI on Wednesday said that Chinese companies are actively attempting to replicate its advanced AI models, prompting increased security measures and closer cooperation with US authorities. OpenAI’s statement came after Chinese startup DeepSeek sparked panic on Wall Street this week with its powerful new chatbot developed at a fraction of the … Read more
Melbourne: Almost A$1 trillion (US$600 billion) was wiped off the value of artificial intelligence microchip maker Nvidia overnight on Monday, when a little-known Chinese startup, DeepSeek, threatened to upend the US tech market. While Nvidia suffered the biggest one-day loss in sharemarket history, other tech giants – Microsoft, Alphabet and Amazon, who are investing heavily … Read more
San Francisco: Chinese startup DeepSeek’s cheaper AI is sharpening investor scrutiny of the billions U.S. tech giants are pouring to develop the technology and analysts say it will dominate this week’s much-awaited results from industry bellwethers. DeepSeek has claimed it took just two months and cost under $6 million to build an AI model using … Read more
Four Indian Premier League franchises — Mumbai Indians, Sunrisers Hyderabad, Lucknow Super Giants, Delhi Capitals’ co-owners GMR Group — along with a consortium of global tech giants featuring leaders from Google, Microsoft, Adobe have made it to the final shortlist of the Hundred, according to a report. According to the report in ESPNcricinfo, … Read more
DeepSeek for iOS has overtaken OpenAI’s ChatGPT to top the App Store’s “Top free apps” chart in the US. The eponymous Chinese company released the open-source DeepSeek-R1 artificial intelligence (AI) model last week, which outperforms OpenAI’s o1 AI model in several benchmarks. This release has made the company and its AI chatbot the talk of … Read more
Davos/New Delhi: Artificial intelligence (AI) is one of the focus points of the World Economic Forum (WEF) meeting in Davos. HCL Tech Chairperson Roshni Nadar Malhotra, recognising the role that AI plays and will play in the years to come, shared some insights on the matter in an interview to NDTV. Ms Malhotra said AI … Read more