AI application startups in India set to get more investments from VC firms Accel, Peak XV, Lightspeed

“We are seeing a lot more application-layer pitches from founders. Our investments will likely be weighed more heavily there,” said Hemant Mohapatra, a partner at global VC firm Lightspeed Venture Partners. “We’re very active in the market.”  It’s a sentiment that’s echoed by the largest VC firms in the Indian market including Lightspeed, Accel India…

Read More

AI hallucination spooks law firms, halts adoption

Law firms are sharing cautionary notes with their employees, conducting training programmes and drafting agreements to assure clients that AI tools will not be used for legal advice or research, according to solicitors representing companies across sectors. Others are pulling back from using OpenAI’s ChatGPT, Google’s Gemini and Microsoft’s Copilot to prepare their courtroom representations.  “We are…

Read More

‘Goodbye, GPT-4. you kicked off a revolution’ says Sam Altman as OpenAI rolls back latest update due to user complaints

After confirming that OpenAI would be rolling back the latest updates to its flagship ChatGPT chatbot following user complaints of it being “annoying”, CEO Sam Altman on May 1 said goodbye. “goodbye, GPT-4. you kicked off a revolution. we will proudly keep your weights on a special hard drive to give to some historians in…

Read More

Your friend, girlfriend, therapist? What Mark Zuckerberg thinks about future of AI, Meta’s Llama AI app, more

Mark Zuckerberg, the founder and CEO of Meta Platforms, thinks that the future of artificial technology (AI) lies in a blended reality, with people being smart enough to choose what is good for them. Speaking to Dwarkesh Patel’s podcast titled ‘Meta’s AGI Plan’, Mark Zuckerberg discussed the use of AI in daily life, AI tools…

Read More

Azure OpenAI Service: Satya Nadella says new update ‘leap forward’ for Azure AI Foundry — All you need to know

Microsoft CEO Satya Nadella on April 16 announced new updates for the tech giant’s Azure OpenAI Foundry, which he celebrated as a “leap forward in AI reasoning”, in a post on social media platform X (formerly known as Twitter). “More big updates to Foundry today: o3 and o4-mini from OpenAI are both simul-shipping, delivering a…

Read More

The Tools of Tomorrow: What Lies Ahead with the AI Revolution

Artificial intelligence has broken free from its awkward, glitch-ridden phase and emerged as a revolutionary tool for success. It is no longer the bumbling intern of technology—accidentally endorsing illegal activities or discriminating against certain age groups. AI has sharpened its edge, becoming the crème de la crème of human innovation, capable of rewriting the fabric…

Read More
Back To Top