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Articles for ICI

Google Unveils Cutting-edge AI Breakthroughs At I/O Event, Introduces Gemini 1.5 And Veo Models

Google’s foray into video generation was highlighted with the introduction of Veo, an AI model capable of creating high-resolution videos

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Soket AI Labs Launches ‘Pragna-1B’ Open-Source Multilingual AI Model With Google Cloud

Pragna-1B is proficient in Hindi, English, Bengali and Gujarati, developed using data specific to Indian contexts

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AI's Use In Finance May Need New Rules, ECB says

The ECB sees a number of opportunities from the use of generative AI by banks and other financial institutions,

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86% Execs Deploy AI For Topline Growth, Yet 40% Acknowledge Need For Biz Overhaul To Maximise Benefits

Despite the prevailing optimism surrounding AI's potential, a significant portion of executives acknowledge the necessity for substantial business overhauls in order to fully harness the capabilities of AI in the future

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OpenAI Rolls Out New GPT-4o AI Model Amidst Growing Competition

. The latest model boasts the ability to engage in realistic voice conversations, complete with real-time responses and the capacity to handle interruptions, a feat previously deemed challenging for AI voice assistants

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Arm Holdings To Launch AI Chip Division, Plans Mass Production By 2025

The UK-based company is set to finance the initial development costs, which could amount to hundreds of billions of yen, with additional contributions from SoftBank Group, its parent company

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GenAI To Drive Indian Banks’ Revenue Higher By Over 6%, Enhance Margins In Near To Medium-term

In addition to revenue gains, productivity gains are expected to be manifold

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Local LLMs: Installing Wisdom Or Needless Complications?

At first glance, deploying a large language model (LLM) locally could seem advantageous for several compelling reasons

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Apple To Power AI Features With Custom In-house Chips, Speeds Up Deployment: Report

The tech giant will integrate these chips, akin to those used in Apple’s Mac computers, into cloud-computing servers

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India Becomes World's Third Largest Solar Power Generator, Overtakes Japan: Report

In line with the global trend, India generated 5.8 per cent of its electricity from solar in 2023

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