News: 3rd October

Nadella said building artificial intelligence took computing power, or servers, and data to train the software. On servers, he said: “No problem, we are happy to put in the dollars.”Google Bard will soon get a new feature called ‘Memory’ that lets the AI-powered chatbot offer tailored results based on one’s search history and preferences.PandasAI, a Munich, Germany-based startup building a conversational AI Assistant for data analysis, raised over €1M in Pre-Seed funding.The global artificial intelligence in social media market was valued at USD 992.7 million in 2021 and is projected to reach USD 12 billion by 2031, growing at a CAGR of 28.7% from 2022 to 2031.AI’s rapid growth with Google’s Bard, Microsoft’s Bing Chatbot, and OpenAI’s ChatGPT, raises job concerns. FreedomGPT offers uncensored, private AI chat without internet dependency.According to the Market Research Report, the Conversational AI market is expected to surpass USD 23596.48 Million by 2028, which is an increase from its current value of USD 7647.46 Million in 2022. This growth is projected to have a compound annual growth rate (20.66%) between 2023 and 2028.Nexusflow, a startup using generative AI to help companies make sense of cybersecurity data, today announced that it raised $10.6 million in a seed round led by Point72 Ventures with participation from Fusion Fund and several AI luminaries in Silicon Valley.

News: 4th October

1. The Royal Swedish Academy of Science on Tuesday announced that the 2023 Nobel Prize in Physics has been awarded to Pierre Agostini, Ferenc Krausz and Anne L’Huillier for their work in “experimental methods that generate attosecond pulses of light for the study of electron dynamics in matter.”
2. NASA is planning to extend its New Horizons mission through the decade as the spacecraft explores the icy leftovers of our universe’s formation in the Kuiper belt.News related to AI:
3. LinkedIn on Tuesday said it will add artificial intelligence features to its core businesses, allowing recruiters to find job candidates by asking questions in natural language and letting marketing professionals create ad campaigns in a few clicks.
4. OpenAI integrated its most powerful AI image creator, DALL-E 3, into Bing Image Creator, and the internet has been buzzing ever since.
5. Greater Chennai Corporation to launch platform with ChatBot to improve grievance redressal services.
   The new platform will automate the monitoring of broken calls on the 1913 helpline, which will enable officials to quickly contact residents and resolve their complaints. Final implementation of the system is expected in 15 days, says civic body
6. Greater Chennai Corporation to launch platform with ChatBot to improve grievance redressal services.
   The new platform will automate the monitoring of broken calls on the 1913 helpline, which will enable officials to quickly contact residents and resolve their complaints. Final implementation of the system is expected in 15 days, says civic body
7. Stampli has raised $61 million to expand its artificial intelligence (AI)-powered accounts payable offering.
8. Telecom company Ericsson and the Indian Institute of Technology Madras announced a partnership for joint research in AI. The company has signed an agreement to become a Platinum Consortium Member for five years. (This is 6 days old news.)
9. Infosys and NVIDIA Team partners to boost enterprise productivity using generative AI. (This is 6 days old news.)

1.  SoftBank CEO Masayoshi Son said he believes artificial general intelligence (AGI), artificial intelligence that surpasses human intelligence in almost all areas, will be realised within 10 years.
2. Zoom has unveiled a new AI-powered flexible workspace that makes it easy for teams and individuals to collaborate, create and manage projects. Dubbed ‘Zoom Docs’, the company says the new feature will be available to everyone sometime next year.
3. Research firm MarketsandMarkets expects the worldwide chatbot market to grow from $5.4 billion today to $15.5 billion by 2028 at a compound annual rate of 23.3 percent.
4. Microsoft (NASDAQ: MSFT) invested $10 billion in OpenAI last year and partnered with the company to boost its cloud business. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) built on its artificial intelligence (AI) capabilities to launch its own large language model earlier this year. Amazon, meanwhile, has fallen behind in generative AI.
5. Drift, the buyer experience and Conversational AI company, today announced an evolution of its buyer engagement platform, introducing three new products – Drift Engage, Site Concierge and Bionic Chatbots. These additions are a result of the company’s continued innovation and investment in artificial intelligence (AI) and signals a new future for B2B marketing; a future where brands can deliver curated, personalized experiences to every unique buyer in real-time.
6. UST Partners with Hyro to Integrate Enhanced Conversational AI Capabilities into Digital Transformation Solutions
7. Boomi, the intelligent connectivity and automation leader, today announced at its Silicon Valley Boomi World Tour, Boomi GPT, the first offering available in the Boomi AI suite, bringing a simple, conversational experience to the Boomi platform. With Boomi GPT, organizations can harness the power of generative AI to integrate and automate faster than ever before, further democratizing innovation and accelerating business outcomes.

News: 10th October

1. Google search begins testing lite version of ‘generative ai’ that’s less intrusive.
2. Meta is paying the celebrity faces behind its AI chatbots as much as $5 million for 6 hours of work.
3. Sapia.ai, the world’s only Smart Interviewer platform powered by deep-learning AI launched Phai, a smart chatbot that empowers and educates candidates, recruiters and any human resources and talent acquisition leaders looking to leverage AI technology as a co-pilot for hiring and promotion decisions.