AI needs regulation, but what kind, and how much?

Perhaps the best-known risk is embodied by the killer robots in the “Terminator” films—the idea that AI will turn against its human creators. The tale of the hubristic inventor who loses control of his own creation is centuries old. And in the modern era people are, observes Chris Dixon, a venture capitalist, “trained by Hollywood…

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Artificial intelligence: Not hype but an economic catalyst

As the world’s largest democracy, India navigates a complex landscape of diverse cultures and socioeconomic challenges. In this ever-evolving environment, artificial intelligence (AI) has emerged as more than just a technological breakthrough; it is a catalyst reshaping India’s trajectory. Generative AI (GenAI) is poised to significantly impact India’s economy. Projections suggest it could add a…

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Razorpay featured on ‘Forbes Cloud 100 2024’ list for third time in a row; Open AI, Databricks take top slots

Harshil Mathur-led Indian payments gateway platform Razorpay has been included in the Forbes Cloud 100 list for 2024. This is the company’s third consecutive appearance on the Forbes list of the top 100 cloud-computing private companies in the world. The list was released on August 6, 2024. Razorpay remains the only Indian company featured on…

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Elon Musk moves court against OpenAI again; Sam Altman and Greg Brockman sued: previous case ‘lacked teeth’, says lawyer

Billionaire Elon Musk revived a lawsuit against OpenAI, giving rise to the six-year-old dispute that started with a power struggle at the San Francisco-based start-up, reported the New York Times on Monday, August 5. The new lawsuit, filed on Monday in a Northern Californian federal court, claimed that OpenAI and two of its founders, Sam…

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