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GENAI CHATBOT
BFSI firms set to see AI-led decision-making and real-time fraud detectionHowever, before large-scale adoption, companies need to address challenges around AI governance, infrastructure, and security- BFSI firms set to see AI-led decision making & real-time fraud detectionIndian banks and financial firms are increasingly using AI for critical tasks like fraud prevention and decision-making. While early adopte...
- AI costs spiral as firms lose spending controlCompanies are facing massive AI bills, with one firm reportedly spending $500 million in a month on Claude AI due to unchecked usage. Sever...
- Grok falls flat in Washington, undercutting SpaceX's AI growth storySpaceX's AI chatbot Grok faces significant challenges gaining traction within the U.S. government. Federal agencies show a strong preferenc...
- An old legacy lights up: AI takes on decades of tech debtHelping enterprises unshackle billions of lines of legacy code they are buried under unlocks opportunities for Indian IT. But firms, especi...
- Walmart self checkout: Why are Costco, Target removing self checkout?Self checkout means Customers could avoid long lines by scanning and bagging their own items, workers could be freed of doing those monoton...
- US military reaches deals with 7 tech companies to use their AI on classified systemsThe Pentagon is boosting its warfighting capabilities by integrating artificial intelligence into classified computer networks. Seven leadi...
- US stocks today: Reddit rallies as AI‑driven ad growth fuels strong revenue outlookReddit shares jumped over 12% on Friday after an upbeat quarterly revenue forecast underscored growing returns from the social media compan...
- Reddit rallies as AI‑driven ad growth fuels strong revenue outlookThe strong results signal that the company's strategy is paying off as Reddit takes on bigger ad rivals such as Meta's Instagram and Face...
- Beyond chatbots: What builders are actually creating with GenAI todayGenerative AI has moved past conversational interfaces into practical, build-driven applications. In competitive hackathon environments, bu...
- 99% of Indian firms faced data loss in 2024, fear more cyberattacks in next one year: SurveyOf all the surveyed Indian chief information security officers (CISOs), over 74% admitted that their organisations were unprepared to respo...
- How Generative AI is transforming industries and building new startup opportunitiesIndia’s burgeoning AI adoption presents a unique opportunity for startups to innovate and thrive.
- Now government departments open artificial intelligence planCentral and state government departments have floated as many as 13 projects and are seeking tech partners to implement AI in areas such as...
- Edtech consolidation; GenAI chatbot hallucinationsEdtech firm Schoolnet has acquired learning app Genius Teacher for an undisclosed sum. This and more on today’s ETtech Top 5.
- Ghosts in the machine: Peril of hallucinations in GenAI chatbotsHallucinations are a big issue while deploying GenAI-based chatbots. Hallucination is a phenomenon where an AI chatbot offers factually inc...
- Roughly half of the nations that invest in AI develop their own generative models, reveals the first global GenAI landscapeAIport's Global Generative AI Landscape 2024 provides a comprehensive analysis of worldwide GenAI players, models, and contributions. It em...
- Yellow.ai deploys 30% of global generative AI bots domesticallyWhile markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to ...
- Indian GenAI firms raised $700 million in 3 years, says Nasscom2022 has been the largest year with $566 million being infused in GenAI startups, followed by $144 million in 2023, data showed. These were...
- UNESCO seeks regulation in first guidance on Generative AI use in educationAmong a series of guidelines in a 64-page report, UNESCO stressed on the need for government-sanctioned AI curricula for school education, ...
- Generative AI in healthcare: Seize the advantage or fall behind!The GenAI market is projected to surge to an astronomical $120 billion by 2030, with its most exciting impact anticipated in the healthcare...
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