Mint Primer: How can Photoshop survive AI’s onslaught?

Mint Primer: How can Photoshop survive AI's onslaught?

NEW DELHI : Since the 1990s, Photoshop, an image-editing software, has become a colloquial verb for photo retouching. However, over the past two years, generative artificial intelligence (AI) has changed the way photo editing has worked so far, automating most of the steps into one-click commands. This, though, hasn’t affected Photoshop’s ubiquity—in fact, it may … 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

India leads global GenAI adoption, with 81% of organizations already implementing AI solutions: Report

India leads global GenAI adoption, with 81% of organizations already implementing AI solutions: Report

A recent report from Elastic, a Search Analytics firm, indicates that 81 per cent of Indian organizations have adopted Generative AI (GenAI), positioning India as a leader in this technological domain. The study anticipates an increase in investments and budget allocations for AI initiatives in the coming years. Reportedly, IT service providers are increasingly integrating … Read more

AI in Action: How Startups are innovating on the Salesforce Platform

AI in Action: How Startups are innovating on the Salesforce Platform

While advancements in AI are remarkable, their true value lies in being harnessed to develop practical solutions that boost organisational efficiency. This is precisely what Salesforce has been achieving. By acting as a catalyst for AI adoption, Salesforce is empowering startups to innovate and build cutting-edge AI solutions, driving business growth and innovation. The third … Read more

G42 in talks with Indian companies to adopt and further develop Hindi LLM use-cases: CEO Manu Jain

G42 in talks with Indian companies to adopt and further develop Hindi LLM use-cases: CEO Manu Jain

G42, a United Arab Emirates-based technology holding group, has started discussions with startups and tech companies in India to build generative AI solutions based on its Hindi large language model (LLM) NANDA, Manu Jain, CEO of its India arm, said in an exclusive interaction with Mint. With this foundational model, Hindi language speakers can harness the … Read more

India’s generative AI startups look beyond building ChatGPT-like models

India’s generative AI startups look beyond building ChatGPT-like models

New Delhi: Sarvam and Adya.ai are two of India’s newest startups targeting the red-hot generative artificial intelligence market, but they are also among a new breed of ventures looking beyond large language models like ChatGPT. The reason: industry-specific applications are easier to monetise and help avoid competition with AI giants. For Sarvam, seeking to be … 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

AI firms will soon exhaust most of the internet’s data

AI firms will soon exhaust most of the internet’s data

The internet provided not only the images, but also the resources for labelling them. Once search engines had delivered pictures of what they took to be dogs, cats, chairs or whatever, these images were inspected and annotated by humans recruited through Mechanical Turk, a crowdsourcing service provided by Amazon which allows people to earn money … Read more

The race is on to control the global supply chain for AI chips

The race is on to control the global supply chain for AI chips

In 2023 Apple released the iPhone 15 Pro, powered by the a17 bionic chip, with 19bn transistors. The density of transistors has doubled 34 times over 56 years. That exponential progress, loosely referred to as Moore’s law, has been one of the engines of the computing revolution. As transistors became smaller they got cheaper (more … Read more

Does Perplexity’s “answer engine” threaten Google?

Does Perplexity’s “answer engine” threaten Google?

When Aravind Srinivas was accepted at the University of California, Berkeley, to do a PhD, his mother was disappointed. Like many Indian parents, she wanted him to go to the Massachusetts Institute of Technology. But things worked out after all; on the west coast he interned at OpenAI and Google’s DeepMind, both of which became … Read more