AI Can Add $15.7 Trillion to Global Economy, but Raises Privacy, Fairness Concerns: CAG Murmu

Comptroller and Auditor General Girish Chandra Murmu on Monday stressed on responsible use of artificial intelligence, saying while this emerging technology has the potential to contribute $15.7 trillion (roughly Rs. 12,91,30,459 crore) to the global economy by 2030, it also raises concerns related to privacy and fairness. In his opening remarks at the SAI20 Senior … Read more

AI Must Be Regulated to Avoid Hurting Growth, National Security Risks, US Chamber of Commerce Says

The US Chamber of Commerce on Thursday called for regulation of artificial intelligence technology to ensure it does not hurt growth or become a national security risk, a departure from the business lobbying group’s typical anti-regulatory stance. While there is little in terms of proposed legislation for AI, the fast-growing artificial intelligence program ChatGPT that … Read more

Google’s Plan to Catch ChatGPT Is to Stuff AI Into Everything

Artificial intelligence was supposed to be Google’s thing. The company has cultivated a reputation for making long-term bets on all kinds of far-off technologies, and much of the research underpinning the current wave of AI-powered chatbots took place in its labs. Yet a startup called OpenAI has emerged as an early leader in so-called generative … Read more

Startup Founded by Ex-Apple Workers Raises $100 Million, Collaborates With OpenAI

Humane, a startup founded by former Apple employees, said on Wednesday it has raised $100 million (roughly Rs. 800 crore) and will release its first products this spring. The company, founded in 2018 by Imran Chaudhri and Bethany Bongiorno, has now raised $241 million (roughly Rs. 2,000 crore) but has yet to disclose what it … Read more

Goa Using Self-Driving Robot, AI-Powered Monitoring System as Lifeguards on Its Beaches

In a first-of-its-kind innovation, Drishti Marine, Goa’s state-appointed lifeguard organisation, has introduced artificial intelligence (AI) in the form of Aurus, a self-driving robot and Triton, an AI-powered monitoring system, to augment its life-saving capabilities along Goa’s popular beaches and water bodies. The incorporation of AI-based support follows an increase in beach-related incidents due to the … Read more

AI Will Create Powerful Tools That Need Legal Regulation, Social Norms, Nvidia CEO Says

Nvidia Chief Executive Officer Jensen Huang on Tuesday said that the burgeoning field of artificial intelligence will create powerful tools that require legal regulation and social norms that have yet to be worked out. Huang is one of the most prominent figures in artificial intelligence because Nvidia’s chips are widely used in the field, including … Read more