Russia Addresses Rupee Build-Up By Investing In India

Russia has addressed the issue of billions of rupees accumulating in Indian banks by investing in Indian stocks and infrastructure projects. Additionally, despite Western sanctions on the state-owned shipping company Sovcomflot, Russia has taken steps to ensure the continuous flow of crude oil, sources familiar with the matter said. Since 2022, billions of rupees have …

Microsoft Gears Up To Launch A New AI Model To Rival Google And OpenAI

Microsoft is developing a new, proprietary AI language model substantial enough to contend with those from Alphabet’s Google and OpenAI, as reported on May 6. Internally dubbed MAI-1, the new model is under the supervision of Mustafa Suleyman, the Google DeepMind co-founder and ex-CEO of AI startup Inflection, according to the report, which cited two …

Meta Unveils AI Powerhouse To Give Businesses A Creative Boost In Advertising

On May 8, Meta introduced advanced generative AI capabilities for advertisers, including comprehensive image and text generation to support business expansion. The initiative aims to assist advertisers throughout their journey, from enhancing ad effectiveness through the development of creative variations to automating aspects of the ad creation process. Meta revealed that businesses can now produce …

Honeywell Study Shows “Silent Residency” Escalates Cyber Risks for Industrial and Critical Infrastructure Facilities

Recently, Honeywell published its 2024 USB Threat Report, offering fresh perspectives on how ‘silent residency’ poses a rising cyber threat to industrial and critical infrastructure facilities. The report emphasized the escalating danger of ‘living off the land’ (“LotL”) attacks, where adversaries employ USB devices to infiltrate industrial control systems, covertly monitor operations, and then execute …

Accelerating IoT Innovation: Qt Group and Qualcomm Technologies Collaboration

Qt Group and Qualcomm Technologies, Inc. have joined forces to simplify the creation of sophisticated graphical user interfaces (GUI) and enhance software quality assurance for industrial IoT devices. Leveraging Qt’s versatile cross-platform development tools alongside Qualcomm Technologies’ resources, IoT manufacturers stand to notably expedite their devices’ time-to-market. Being among the world’s leading semiconductor manufacturers, Qualcomm …

Embedded World 2024: Advancing AI at the Edge

Starting the premier trade show for embedded technologies, Salil Raje, the senior vice-president and general manager of AMD’s adaptive and embedded computing group, inaugurated Embedded World 2024 with a focus on the significance of artificial intelligence (AI) at the edge. He emphasized that AI at the edge will play a critical role in ensuring the …

Neysa Secures $20 Million Funding to Propel AI Cloud and Platform-as-a-Service Expansion

Neysa, a Mumbai-based startup specializing in artificial intelligence (AI) cloud and platform-as-a-service, intends to use the newly acquired funds to enhance its infrastructure, bolster its research and development team, and invest in sales and marketing efforts. Neysa, a Mumbai-based startup specializing in artificial intelligence (AI) cloud and platform-as-a-service, has secured $20 million (approximately INR 166 …

Elon Musk Unveils Chatbot Code in AI Escalation

On March 17, Elon Musk released the raw computer code for his AI chatbot, marking a significant move in the race to shape the future of AI. Grok, created to deliver witty responses reminiscent of The Hitchhiker’s Guide To The Galaxy, is a creation of xAI, a company established by Musk in the previous year. …

Transforming Healthcare: Microsoft and NVIDIA’s Collaborative Leap into AI-driven Innovation

Last week, Microsoft Corp revealed an expanded partnership with NVIDIA, leveraging the power of generative AI, cloud computing, and accelerated computing. As stated in a press release, this joint endeavor sought to combine the extensive scale and computing prowess of Microsoft Azure with NVIDIA DGX Cloud and the NVIDIA Clara suite. The goal was to …

Elon Musk Responds to First Neuralink User: Paralyzed Individual Controls Computer Using Brain Signals

Just a month ago, Elon Musk shared encouraging news regarding the inaugural Neuralink recipient. He disclosed that the first individual to undergo the Neuralink brain chip implant had made a full recovery, now capable of controlling a computer mouse solely with their thoughts. Nearly a month later, the patient’s identity was revealed in a live-streamed …