IMPACT OF AI ON NEURODIVERSE TALENT
Mark Zuckerberg made abortive attempt to buy ex-OpenAI executive Ilya Sutskever’s AI startup: Report
Days after Sam Altman accused Zuckerberg of trying to poach OpenAI's talent, reports have emerged that Meta has been out shopping for other startups, including Ilya Sutskever's $32 billion Safe Superintelligence, launched just a year ago.
India advocates democratisation of AI: Union minister Ashwini Vaishnaw
Addressing a distinguished gathering of global delegates, including representatives from Central Asian countries, the minister outlined India's inclusive and transformative approach to AI.
Can you choose an AI model that harms the planet less?
As AI rapidly integrates into daily life, its energy consumption is raising concerns. A recent study reveals that larger, more complex AI models consume significantly more energy, leading to higher carbon emissions.
GenAI joins the checklist; 64% of Indian companies are making it a priority: Report
The study highlights challenges in AI adoption in India, stating that 75% of Indian companies currently do not have a change management strategy to help employees adapt to AI-powered work environments.
DPIIT partners with digital platform YourStory to empower 1 million entrepreneurs under Bharat Project
According to the Ministry of Commerce and Industry, this partnership aligns with DPIIT's vision of fostering grassroots entrepreneurship and supporting emerging talent across Tier II, Tier III, and rural India.
Can you choose an AI model that harms the planet less?
And some chatbots are linked to more greenhouse gas emissions than others. A study published Thursday in the journal Frontiers in Communication analyzed different generative AI chatbots' capabilities and the planet-warming emissions generated from running them. Researchers found that chatbots with bigger "brains" used exponentially more energy and answered questions more accurately -- up until a point.
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Justice at stake as generative AI enters the courtroom
In one prominent instance, GenAI enabled murder victim Chris Pelkey to address an Arizona courtroom -- in the form of a video avatar -- at the sentencing of the man convicted of shooting him dead in 2021 during a clash between motorists. "I believe in forgiveness," said a digital proxy of Pelkey created by his sister, Stacey Wales. The judge voiced appreciation for the avatar, saying it seemed authentic.
Rs 850 crore as signing bonus for an IT job? Yes. Sam Altman says rivals are trying to poach OpenAI staff with astronomical salaries
OpenAI CEO Sam Altman revealed that Meta is attempting to lure his top staff with signing bonuses of up to $100 million (around Rs 850 crore), along with high annual compensation packages. Despite these massive offers, Altman said none of OpenAI’s core team members have left so far. He attributed their loyalty to OpenAI’s unique mission and culture, which focuses on developing superintelligent AI. Meta’s aggressive recruitment comes amid its broader push to expand its AI capabilities, including a $14 billion investment in Scale AI.
Karnataka govt to survey impact of AI on its workforce
The AI Workforce Impact Survey will try to identify skill gaps, emerging job roles and the nature of workforce disruptions across sectors. This will help the government design practical, forward-looking policies that support both innovation and workforce resilience.
India emerging as prime destination for data centre projects, chip manufacturing: Report
Moody’s Analytics reports that AI investments are surging globally, with India, Singapore, and Malaysia emerging as top destinations for data centers and chip manufacturing. Despite slowing global trade, strong AI demand drives capital flows, with US tech firms expanding abroad to meet supply gaps and tap supportive Asian markets.
Amazon layoffs to continue as AI takes over routine tasks
Amazon CEO Andy Jassy announced that the rollout of generative AI and agents will lead to a reduction in the company's corporate workforce in the coming years. While AI is expected to automate tasks and reshape roles, experts anticipate a workforce reshuffling rather than mass unemployment. Amazon is implementing AI to enhance efficiency and customer experience across various internal operations.
Sam Altman says Meta offered $100 million bonuses to OpenAI employees
Competition for AI talent has reached a feverish pitch as superstar researchers are being courted like professional athletes on the belief that individual contributors can make or break companies. "They (Meta) started making giant offers to a lot of people on our team," Altman said on the Uncapped podcast that aired on Tuesday, hosted by his brother. "You know, like $100 million signing bonuses, more than that (in) compensation per year."
Google sees pockets growing at a fast clip: Country head Preeti Lobana
Google remains optimistic about its prospects in India. Preeti Lobana highlights growth in sectors like gaming and e-commerce. Google is investing in AI and cloud solutions for Indian businesses. The company is working with regulators on Play Store policies. Indian developers are earning significantly through the Play Store. Google is adapting its search technology with AI.
Agencies keep creative spark alive at Cannes
Indian agencies continued their success at the Cannes Festival of Creativity, securing two Silver Lions and one Bronze on Day 2, adding to their previous nine wins. Talented won Silver for 'Avani's Gold,' while VML India earned Silver for Coke Studio Bharat's 'The Girl Who Played the Tutari.' Ogilvy India secured a Bronze for its 'Eye Test Menu' campaign.
Microsoft CEO Satya Nadella shocks industry by admitting AI has yet to deliver real value despite massive investment
Microsoft CEO Satya Nadella tempers AI hype, stating it hasn't yet delivered significant economic value despite massive investments. He dismisses artificial general intelligence claims as unrealistic, emphasizing the need for AI to demonstrably boost productivity and economic growth. While acknowledging current limitations, Microsoft remains committed to its substantial AI investments, including OpenAI.
Auto sector shifts into high gear with 10.1% salary hikes in FY25
The automotive sector is set to lead salary hikes in FY25, offering an average increase of 10.1%, ahead of the 8.8% average across India Inc, according to Deloitte’s latest study. The hikes are driven by demand for talent in areas like EVs, R&D, automation, AI, and ML.
(AI)gorithm turns recruiter
Top IT services companies are using AI tools and solutions to recruit more, much quicker. Beena Parmar analyses how the new trend is shaping up and Annapurna Roy gives a lowdown on what’s inside
AI's arrival at work reshaping employers' hunt for talent
An International Labour Organisation (ILO) report published in May found that around "one in four workers across the world are in an occupation with some degree of exposure" to generative AI models' capabilities. "Few jobs are currently at high risk of full automation," the ILO added. But the UN body also highlighted "rapid expansion of AI capabilities since our previous study" in 2023, including the emergence of "agentic" models more able to act autonomously or semi-autonomously and use software like web browsers and email.
From automation to real impact: Creating right environment for SMEs to trust AI
SMEs can leverage cloud models to start small, scale smartly, and create collaborative environments for AI to thrive.
Big Tech’s acqui-hire strategy heats up as demand for AI talent soars
In the last two years, large technology players have been acquiring AI startups for their technology teams. Microsoft paid $650 million in a licensing deal to Inflection AI, whose cofounder Mustafa Suleyman is now heading Microsoft AI. In a similar licensing deal, Amazon hired AI startup Adept cofounder David Luan and others who joined Amazon's AGI team.
AI analytics company Databricks looks to ramp up India play
Databricks is investing $250 million in India over three years to boost talent, R&D, and market expansion. Co-founder Arsalan Tavakoli highlighted India’s AI potential and dismissed fears of job loss from automation, emphasising upskilling. With strong growth and open-source bets, Databricks remains confident despite competition from Snowflake and others.
This AI company wants to take your job
Silicon Valley's Mechanize is on a mission to leverage AI for total job automation. Founder Tamay Besiroglu dreams of an economy where tasks are seamlessly handled by intelligent machines. Utilising reinforcement learning, the team creates realistic simulations of various job settings, targeting sectors like programming and beyond.
Indian recruiters pivot to ‘quality hiring’ as AI tools take hold
Indian recruiters are increasingly prioritizing the quality of hires over speed, investing heavily in AI-driven recruitment tools. A LinkedIn report reveals that companies are leveraging data analytics to find candidates with transferable skills and ensure cultural fit. This shift aims to improve business outcomes and reduce the costs associated with recruitment delays, as recruiters evolve into strategic career advisors.
India's digital infrastructure development 'game-changer': Databricks CEO Ghodsi
Databricks CEO Ali Ghodsi lauds India's advanced digital infrastructure, surpassing many nations and fostering innovation in data and AI. Databricks is increasing investments in India, recognizing its significant market potential and strategic importance. The company is also investing heavily in Asian markets like South Korea and Japan, citing fewer regulations and a faster pace of development in data and AI.
Early investors await Meta-Scale deal windfall: Report
Peter Thiel’s Founders Fund, Chase Coleman’s Tiger Global, and venture capital firm Accel are among investors expected to gain from the deal. Meta is planning to invest $15 billion in Scale AI, paying between $14 and $15 a share. Some of the earliest investors in Scale AI paid 1 to 3 cents per share.
Zuckerberg’s ‘Fantastic 50’: World’s 2nd richest man is hiring elite coders with million-dollar offers to build the most powerful AI brain
Mark Zuckerberg is spearheading Meta's ambitious pursuit of artificial general intelligence (AGI) by forming a dedicated superintelligence team. He's personally recruiting top AI experts, offering lucrative compensation packages to outpace competitors like OpenAI and Google. Meta aims to integrate AGI into consumer products, positioning itself as a leader in the next era of computing amidst the global AI race.
Indian AI needs imagination, not imitation
True innovation happens when we take bold bets on hard, important problems- not just by replicating existing breakthroughs like ChatGPT.
India's AI market to triple to $17 billion by 2027: Report
Boston Consulting Group (BCG), in a report titled "India's AI Leap: BCG Perspective on Emerging Challengers", said India has a thriving AI ecosystem with over 600,000 AI professionals, 700 million internet users, and a surge of AI startups with over 2000 launched in the past three years.
Careernet Group expands to the Middle Eastern market
Careernet, an Indian holistic talent solutions provider, expands into the Middle East with a new Dubai-based office. This move follows their recent entry into the US market. With 25 years of experience, Careernet aims to support enterprises in the region, focusing on tech, digital, and emerging sectors.
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