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Tag: artificial intelligence
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AI Valuations Hit Elevated Levels, Further Rallies Run Bubble Burst Risk: Analysts
New Delhi: Artificial intelligence (AI) valuations have reached elevated levels and further rallies from here run the risk of a bubble burst, and this realisation is dawning on investors widely now, according to market watchers. This may restrain sustained FII selling in India. If, along with this realisation, India’s earnings growth continues to improve, FIIs…
Families Sue OpenAI Over Alleged Suicides, Psychological Harm Linked To ChatGPT: Report
ChatGPT maker OpenAI is facing several new lawsuits from families who say the company released its GPT-4o model too early. They claim the model may have contributed to suicides and mental health problems, according to reports. OpenAI, based in the US, launched GPT-4o in May 2024, making it the default model for all users. In…
EXCLUSIVE: Celonis’ Kaushik Mitra explains how India’s expanding enterprises are creating opportunities in AI revolution
Celonis, a global leader in process intelligence, put forth big upgrades to its Celonis Process Intelligence Platform during the recently concluded annual Celosphere conference. The updated platform now connects easily with varied enterprise systems. In an exclusive interaction with Zee Business, Kaushik Mitra, Vice President and Head of India GTM at Celonis, spoke at length…
Reddit User Shares Frustrating Experience With Zomato’s AI Customer Service: “Started To Hate It”
AI chatbots have replaced human customer service staff in many companies in recent times. This substitution has its share of pros and cons for the parties involved. Recently, a Zomato user took to Reddit to share their frustrating experience interacting with the platform’s AI chatbot. The user explained that they wanted to cancel some items…
Albania’s AI Minister is ‘Pregnant’? The Sci-Fi Future of Politics is Here
This special report delves into Albanian Prime Minister Edi Rama’s announcement about the country’s AI-generated minister, Deela, whose name means ‘Sun’. Rama announced, ‘I owe you to to share for first time that the LA is pregnant and and she’s expecting 83 kids.’ This symbolic ‘pregnancy’ refers to the creation of 83 AI assistants for…
Microsoft is going all in on AI, plans to double its data centres in just two years
Microsoft is scaling up its infrastructure in response to soaring demand for artificial intelligence and cloud services. During a recent earnings call, CEO Satya Nadella told investors that the company plans to double its data centre footprint over the next two years. This move signals Microsoft’s commitment to remaining at the forefront of AI, with…
AI Deepfake Horror: College Student Dies By Suicide In Faridabad After Friend Blackmails Him Using Fake Pics Of Sisters- Details
AI Deepfake Horror: A tragic incident from Faridabad, Haryana, has shown how badly artificial intelligence (AI) can be misused. A 19-year-old boy died by suicide after some people blackmailed him using fake, AI-generated obscene photos and videos of his three sisters. The blackmailers demanded a lakhs of rupees to stop sharing the false content online….
Will AI Usage In Warehouses Cost Human Jobs? What Amazon Said
United States: Amazon on Wednesday said it is speeding up the automation of its warehouses with the help of artificial intelligence and robotics, raising questions about the future of human workers. The e-commerce colossus known for its promise of quick deliveries showed off robotic arms and other high-tech warehouse tools in Silicon Valley, saying AI…
Microsoft CEO Satya Nadella’s Pay Jumps To $96.5 Million In FY25, Highest Since Taking Charge Of The Tech Giant
Mumbai: Microsoft CEO Satya Nadella’s total compensation for the financial year 2024–2025 has risen to $96.5 million — his highest since taking charge of the company more than a decade ago. The sharp increase reflects Microsoft’s major progress in artificial intelligence (AI) under his leadership. In a note to shareholders, the company’s board said Nadella…