What's in Tech : Wk of October 4th, 2024

What's in Tech : Wk of October 4th, 2024

In this week’s “What’s in Tech” newsletter, we have covered the latest developments in the AI space. Highlights include OpenAI’s latest funding round led by Microsoft, and new AI model launches from OpenAI and IBM. Other insightful stories include launch of global capability centers by Tredence and MathCo, followed by Accenture’s collaboration with NVIDIA to scale agentic AI.

?Google’s Search Engine’s Latest AI Injection will Answer Voiced Questions About Video and Photos

Google is injecting its search engine with more artificial intelligence that will enable people to voice questions about images and occasionally organize an entire page of results.

OpenAI Value Surges to US$ 157 bn in Funding Deal

OpenAI, the maker of ChatGPT, has raised US$6.6 bn in its latest funding round, as investors including its early backer Microsoft continue to bet big on artificial intelligence (AI).

OpenAI Launches New ‘Canvas’ ChatGPT Interface Tailored to Writing and Coding Projects

This feature, currently in beta for ChatGPT Plus and Teams users, allows for direct generation and editing of content, making collaboration with the AI more intuitive and efficient.

OpenAI Launches Whisper V3 Turbo Model for Faster Transcription

It processes audio in 30-second chunks, converting them into log-Mel spectrograms, and employs special tokens to perform tasks such as language identification, phrase-level timestamps, and translation.

Meta Confirms it May Train its AI on Any Image if Users ask Ray-Ban Meta AI to Analyze

“In locations where multimodal AI is available, images and videos shared with Meta AI may be used to improve it per our Privacy Policy,” said Meta policy communications manager Emil Vazquez.

NASA and IBM Roll Out Open-Source AI Model for Weather and Climate Applications

The new model, detailed in a paper titled “Prithvi WxC: Foundation Model for Weather and Climate,” is capable of tackling a wider range of applications than existing weather AI models. It can produce localized forecasts based on local observations, predict severe weather patterns, and enhance the resolution of global climate simulations.

PwC India Collaborates with Meta to Promote the Adoption of Llama Models

This strategic collaboration will help PwC India and Meta to democratize GenAI and make it accessible to businesses by jointly building and deploying enterprise-grade and citizen-service GenAI solutions.

Accenture and NVIDIA Lead Enterprises into Era of AI

Accenture and NVIDIA announced an expanded partnership, which includes Accenture’s formation of a new NVIDIA Business Group to help the world’s enterprises rapidly scale their AI adoption. The NVIDIA Business Group launched with 30,000 professionals receiving training globally to help clients reinvent processes and scale enterprise AI adoption with AI agents.

Tredence Launches AI Experience and Collaboration Center in Bengaluru

This new center will allow clients and partners to engage with AI tools, focusing on generative and prescriptive AI solutions to address complex problems and drive business value.

MathCo Opens its Global Delivery and Intelligence Centre in Bengaluru

This facility will serve as MathCo’s global headquarters housing its workforce that builds and delivers AI-powered solutions to Fortune 500 clients.

?NVIDIA AI Summit

Centific is showcasing its frontier AI data foundry for public safety at Booth 209 during the NVIDIA AI Summit, which will be held from October 7th to 9th, 2024.

Our leaders, Jagadish Garimella, VP of Enterprise AI, and Sanjay B. Bhakta, Global AI & Digital Solutions Leader, will demonstrate how Centific is utilizing GenAI, VLMs, and edge computing to provide real-time insights that enhance law enforcement operations.

Best Regards

Dinesh Chandrasekar

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