AI

Indian early-stage venture fund pi Ventures raises $12M from SIDBI

Indian early-stage venture fund pi Ventures has received a commitment of INR 100 Crores ($12 million) or 15 percent of the corpus out of Fund of Funds for Startups (FFS) managed by Small Industries Development Bank of India (SIDBI).

Calls to pause development of AI ‘more powerful than GPT-4’ won’t solve the challenges ahead, says Bill Gates

The technologist-turned-philanthropist also said in the Reuters' interview the details of any pause would be complicated to enforce.

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Before jumping on the AI wave, remember these few things

In the face of new technologies, founders need to go back to the essentials of entrepreneurship and first ask themselves what pain points they can solve and in which industries. Only after they have taken these first two steps should they ask: “What role can the new tech play in this use case?”

Elon Musk, tech experts call for ‘pause’ on advanced AI systems

The open letter came as tech giants and AI startups are rushing to develop better and more powerful AI systems to rival ChatGPT, the artificial intelligence chatbot developed by AI startup OpenAI which has gained popularity almost instantly.

Staying ahead of the curve in AI innovation: A conversation with CUE Group Southeast Asia’s Managing Director Daniel Posavac [Q&A]

Posavac discusses how AI technology can help discover outliers and missing values in big data and gives examples of how video AI technology can be customized to address different pain points for businesses or organizations beyond security and surveillance.

Microsoft-backed OpenAI announces ChatGPT successor GPT-4 that accepts image, text inputs

It is worth noting that GPT-4 can accept a prompt of text and images, which—parallel to the text-only setting—lets the user specify any vision or language task.

Alphabet-backed Anthropic launches ChatGPT competitor named Claude

According to Anthropic, Claude is a next-generation AI assistant based on Anthropic’s research into training helpful, honest, and harmless AI systems. Accessible through chat interface and API in its developer console, Claude is capable of a wide variety of conversational and text processing tasks while maintaining a high degree of reliability and…

Singapore AI startup Groundup.ai secures $1.8M in Seed round led by Wavemaker Partners

Groundup.ai, a Singapore-based industrial artificial intelligence (AI) startup, said Thursday it has raised US$1.8 million in its seed funding round led by early-stage investor Wavemaker Partners.

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AI and machine learning for social good: Inspiring initiatives in Asia and beyond

AI and machine learning are being used in innovative ways to address social challenges and improve people's lives. From healthcare and disaster response to environmental sustainability and financial inclusion, these technologies have the potential to create real and lasting impact.