High-quality data is the key to unlocking value from AI, GenAI, says Snowflake AI head

High-quality data is the key to unlocking value from AI, GenAI, says Snowflake AI head

“Businesses often struggle with scattered data across multiple systems, leading many to adopt data platforms like ours to consolidate, govern, and analyse data effectively,” he told Mint in a video interview from his office in San Mateo, California. Cloud data platforms help organisations integrate data from various departments and sources, enabling them to manage, analyse … Read more

Mint Primer: Where exactly is GenAI making an impact in biz?

Mint Primer: Where exactly is GenAI making an impact in biz?

Some enterprises remain sceptical about the returns on artificial intelligence (AI) deployment. However, a recent report from Bain & Company has cited encouraging gains. Mint explains the state of GenAI adoption among companies today. Is GenAI moving beyond experiments? The early movers are going beyond proof of concept (PoC) and trials to deploy GenAI across … Read more

PwC India and Meta collaborate to develop GenAI solutions for enterprises and public services

PwC India and Meta collaborate to develop GenAI solutions for enterprises and public services

PwC India has announced a collaboration with Meta to enhance the adoption of open-source AI solutions utilizing Meta’s Llama models. This partnership aims to develop innovative applications for both enterprises and citizen services, focusing on the capabilities of Generative AI (GenAI). The timing of this collaboration aligns with the Indian government’s recent announcement of the … Read more

The breakthrough AI needs | Mint

The breakthrough AI needs | Mint

Large language models have a keen appetite for electricity. The energy used to train OpenAI’s gpt-4 model could have powered 50 American homes for a century. And as models get bigger, costs rise rapidly. By one estimate, today’s biggest models cost $100m to train; the next generation could cost $1bn, and the following one $10bn. … Read more

Errors, high cost among reasons GenAI not moving beyond concept stage

Errors, high cost among reasons GenAI not moving beyond concept stage

Senior industry executives and analysts say a high error rate, steep cost of deployment and the relative newness of the technology are the main reasons for GenAI’s weak adoption by companies. “So first and foremost, accuracy of the results is critically important. And second, the adoption of that solution is critically important. And the adoption … Read more

It’s swallowed billions of dollars, but has AI lived up to the hype?

It’s swallowed billions of dollars, but has AI lived up to the hype?

Since AI’s most popular offering, OpenAI’s ChatGPT, debuted two years back and made esoteric AI tech accessible to the masses, there has been excitement over intelligent machines taking over mundane tasks or assisting humans in complex work. Geeks declared that costs would drop and productivity skyrocket, eventually leading to ‘artificial general intelligence’, when machines would … Read more

ChatGPT is a marvel of multilingualism

ChatGPT is a marvel of multilingualism

THE HYPE that followed ChatGPT’s public launch last year was, even by the standards of tech innovations, extreme. OpenAI’s natural-language system creates recipes, writes computer code and parodies literary styles. Its latest iteration can even describe photographs. It has been hailed as a technological breakthrough on a par with the printing press. But it has … Read more

India well positioned to leap ahead of developed worlds with AI: Sundar Pichai

India well positioned to leap ahead of developed worlds with AI: Sundar Pichai

“For India and other emerging countries, technology shifts are opportunities to catch up or leap ahead,” Pichai said.  India was unlikely to match developed countries in personal computing penetration, but in mobile adoption, more people gained access than in previous generations, Pichai elaborated.  Many people skipped landlines and went straight to cellular phones. With each … Read more

Today’s AI models are impressive. Teams of them will be formidable

Today’s AI models are impressive. Teams of them will be formidable

The upgrade is part of wider moves across the tech industry to make chatbots and other artificial-intelligence, or AI, products into more useful and engaging assistants for everyday life. Show GPT-4o pictures or videos of art or food that you enjoy and it could probably furnish you with a list of museums, galleries and restaurants … Read more

OpenAI joins AI content alliance as Election Commission warns of deepfakes

OpenAI joins AI content alliance as Election Commission warns of deepfakes

This marks OpenAI’s second global collaboration amid mounting concerns about AI’s increasing influence on various content forms, especially during, and in the run up to, the elections in major economies such as India and the US. OpenAI’s decision to join C2PA comes a day after the Election Commission of India issued a notice to political … Read more