Welcome to today's edition of the NextBigWhat Daily News!
Check today's top 10 news stories.
OpenAI introduces custom fine-tuning to GPT-3.5 Turbo
- Users can now customize GPT-3.5 Turbo to improve its text-generating capabilities and adapt it to specific tasks.
- Fine-tuning allows customers to shorten text prompts, reduce API usage costs, and enhance the model’s output to better fit a brand or voice.
- OpenAI has also updated two GPT-3 base models and plans to extend fine-tuning support to the GPT-4 model later this fall.
Bharat New Car Assessment Programme launches, set to improve vehicle safety in India
- The Bharat New Car Assessment Programme (Bharat NCAP) aims to provide a comparative safety assessment tool for potential car owners.
- The programme will award cars with star ratings based on their performance in safety tests.
- The auto industry applauds the initiative, believing it will drive growth, stimulate innovation and improve road safety.
Parental consent can soon be stored in DigiLocker
- Social media sites like Google’s YouTube Kids and Meta’s Facebook and Instagram will be able to instantly retrieve and validate the parental consent paperwork of teens from DigiLocker.
- Similar to a driver’s licence and vaccination record, DigiLocker will also contain a consent item that lists the individuals to whom parents have granted permission to process their children’s data.
YouTube experiments with reduced size ‘Skip Ads’ button
- YouTube is testing a smaller ‘Skip Ads’ button.
- The redesign aims for a consistent user experience in line with recent platform updates.
- YouTube’s ‘Skip Ads’ button appears across various apps and during extended ad breaks.
Microsoft Experimenting with AI Features for Windows 11 Applications
- Microsoft explores adding AI to Windows 11 apps such as Photos, Snipping Tool, and Paint.
- Plans include integrating OCR into Snipping Tool and Camera, and generative AI in Paint.
- Despite all being in experimental stages, major AI incorporation into Windows is expected in 2024 release.
Meta’s New AI Translates Up to 100 Languages
- Meta launches Seamless M4T, an AI model capable of speech recognition and translation for nearly 100 different languages.
- Seamless M4T can understand and translate users changing languages mid-sentence, plus it reduces errors and delays due to it using a single system.
- Meta released Seamless M4T and the metadata of SeamlessAlign, the largest of its kind with 270,000 hours of mined speech and text, under Creative Commons license.
IBM Unveils Code Assistant for IBM Z – An AI Translator from COBOL to Java
- IBM’s Code Assistant for IBM Z uses AI to convert COBOL code into Java, aiming to modernize legacy applications.
- With CodeNet, a code-generating model, Code Assistant is designed to understand around 80 different programming languages while preserving the performance and security of mainframe apps.
- Despite the known risks, IBM sees tools like Code Assistant as crucial for its future growth, as about 84% of its mainframe customers use COBOL.
Google Search prepares Instagram-like Stories feature
- Google Search introduces a feature that allows public ‘Notes’ regarding specific web pages.
- These Notes can provide feedback or share a user’s experience regarding webpage content.
- Not all webpages permit Notes; medical, pornographic or violent content is excluded.
Card payments in India are expected to climb by 28.6% to Rs 27.9 lakh cr in 2023
- ‘Payment Card Analytics’ from GlobalData indicates that the value of card payments in India increased by 26.2% in 2022, primarily due to the country’s growing economy and consumers’ growing inclination towards electronic payments.
- It is projected that ATM cash withdrawals will rise by just 4.6% in 2023, to Rs 34.4 lakh crore ($416.2 billion).
TVS Unveils Teaser for Speedy, Tech-Heavy E-Scooter, Possibly Dubbed ‘Xonic’
- TVS released a new teaser for their imminent e-scooter, hinting at a top speed of 105kph.
- Per teaser visuals, the new EV could have a range of 105km on full charge.
- The name ‘Xonic’ visible on scooter’s dash may be the EV’s title or its fastest riding mode.
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