AI/ ML | inves4: Indian Equity Investing

China’s bold step in AI regulation: New committee aims to lead global standards

Beijing has announced the formation of a new artificial intelligence standardisation technical committee, Reuters reports. The committee will establish industry guidelines for emerging technologies such as large language models and AI risk assessment. As per the wire, the 41-member committee, which includes representatives from prominent tech firms like Baidu and prestigious academic institutions such as … Read more

L&T acquires 21% stake of E2E

Larsen & Toubro (L&T) is acquiring 21% stake of E2E Networks. E2E is a listed Company It was founded in 2009 and got listed in 2018 The Company mainly offers public cloud to it’s customers 21% stake acquisition by L&T is a combination of primary and secondary 15% primary through preferential allotment @ 3,622/ share … Read more

E2E Networks

RIL, Nvidia partner to build large-scale AI infrastructure in India

NVIDIA CEO Jensen Huang and Reliance Industries Chairman Mukesh Ambani today announced a strategic partnership to build state-of-the-art AI infrastructure in India at the NVIDIA Summit in Mumbai “It is important that we design and build infrastructure so that to use AI our customers don’t have to change their phones or computers but they can … Read more

Amazon’s shares slide after AI spending plans disappoints investors

Amazon.com Inc., risking Wall Street’s displeasure, told investors that profits for now will take a back seat to heavy spending on artificial intelligence. The shares fell. The company projected operating income for the current quarter ending in September will be $11.5 billion to $15 billion. Analysts, on average, were looking for $15.7 billion. After … Read more

OpenAI unveils cheap, less energy-intensive small AI model GPT-4o mini

The GPT-4o mini model’s score compared with 77.9 per cent for Google’s Gemini Flash and 73.8 per cent for Anthropic’s Claude Haiku: OpenAI | Photographer: David Paul Morris/Bloomberg 2 min read Last Updated : Jul 18 2024 | 10:49 PM IST ChatGPT maker OpenAI said on Thursday it was launching GPT-4o mini, a cost-efficient small … Read more

Machines Aren’t Coming for the Lords of Finance, Yet

Central bankers aren’t born as chronic worriers, but they quickly acquire the trait. They are now spending considerable time fretting about artificial intelligence: Its ability to play havoc with prices, jobs, and the security of banking. As gut-wrenching as the meltdown of 2008 was, imagine if a rogue machine turbocharged a market rout. It’s not quite … Read more

How tech giant NVIDIA climbed to the top of the stock market, AP Explains – The Economic Times Video

Tech giant Nvidia is now worth over $3.2 trillion, with its dominance as a chipmaker making it the poster child of the artificial intelligence boom. After the stock’s swift rise on Wall Street it briefly topped Microsoft as the most valuable company in the S&P 500 this week. The company is now worth over $3.2 … Read more

Microsoft and ChatGPT maker OpenAI plan $100 billion AI supercomputer ‘Stargate’ |

Microsoft and OpenAI are reportedly planning a massive data-centre project that could cost up to $100 billion, including the development of an artificial intelligence supercomputer called “Stargate,” according to a report by The Information. The project is said to be financed by Microsoft. The proposed efforts, as per the source who has seen the initial … Read more