AI model backed by Mukesh Ambani's Reliance Industries to launch in March | Company News – Business Standard

AI model backed by Mukesh Ambani's Reliance Industries to launch in March | Company News – Business Standard



By Saritha Rai


A consortium backed by Mukesh Ambani’s Reliance Industries Ltd. and India’s top engineering schools aim to launch its first ChatGPT-style service next month, a big step in the country’s ambitions to become a player in the field of artificial intelligence.

 


The BharatGPT group, encompassing an arm of India’s most valuable company and eight affiliated universities, offered a sneak peek of the large language model Tuesday during a technology conference in Mumbai. In a video played before delegates, a motorcycle mechanic in southern India queried an AI bot in his native Tamil, a banker conversed with the tool in Hindi, and a developer in Hyderabad used it to write computer code.


If successful, the model — dubbed Hanooman after the half-monkey Hindu deity — will represent an advance for India in the accelerating race to develop potentially transformative AI technology. BharatGPT envisions the model working via 11 local languages in four main fields: health care, governance, financial services and education. It developed the model in collaboration with Indian Institute of Technology universities including in Bombay, backed by wireless carrier Reliance Jio Infocomm Ltd. and India’s government. 


A swath of startups such as Sarvam and Krutrim, backed by prominent VC investors such as Lightspeed Venture Partners and billionaire Vinod Khosla’s fund, are also building open-sourced AI models customized for India. While Silicon Valley companies like OpenAI are building ever-larger LLMs, those efforts involve workarounds because of computational constraints and simpler models affordable to smaller businesses and government departments.


“It’s a different genre of LLMs,” said Ganesh Ramakrishnan, chair of IIT Bombay’s department of computer science and engineering. 


Hanooman will also offer speech-to-text capabilities, making it vastly more user-friendly, he said in an interview on the sidelines of the annual Nasscom IT industry conference. In a country of 1.4 billion, millions cannot read or write.


Reliance Jio will build customized models for specific uses, he said. The telecom-to-retail conglomerate is already working on Jio Brain, a platform to use AI across a network of about 450 million subscribers. 


LLMs are systems that learn from vast quantities of data and generate natural-sounding responses. Such models harness generative AI, a newer type of artificial intelligence popularized by the success of OpenAI’s ChatGPT.


BharatGPT’s effort in this space is somewhat unique — it’s the first private-public partnership of its kind in the country, and involves major players in disparate fields.


“It’s like the Indian joint family,” Ramakrishnan said, referring to inter-generational family structures still common in the country. “We are interdependent, and we do better together.” 

First Published: Feb 21 2024 | 9:43 AM IST



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Law enforcement agencies infiltrate, disrupt ransomware group LockBit | World News – Business Standard

Law enforcement agencies infiltrate, disrupt ransomware group LockBit | World News – Business Standard



Law-enforcement agencies have infiltrated and disrupted Lockbit, a prolific ransomware syndicate behind cyberattacks around the world, Britain’s National Crime Agency said Tuesday.


The agency said it led an international operation targeting LockBit, which provides ransomware as a service to so-called affiliates who infect victim networks with the computer-crippling malware and negotiate ransoms. The group has been linked to thousands of attacks since 2019.


Hours before the announcement, the front page of LockBit’s site was replaced with the words this site is now under control of law enforcement, alongside the flags of the UK, the US and several other nations.

The message said the website was under the control of the UK’s National Crime Agency working in close cooperation with the FBI and the international law enforcement task force, Operation Cronos.”

It says it is an ongoing and developing operation that also involves agencies from Germany, France, Japan, Australia, New Zealand and Canada, among others, including Europol.


LockBit, which has been operating since 2019, has been the most prolific ransomware syndicate two years running. The group accounted for 23 per cent of the nearly 4,000 attacks globally last year in which ransomware gangs posted data stolen from victims to extort payment, according to the cybersecurity firm Palo Alto Networks.


A rare offensive cyber-operation for the UK crime agency, the operation aimed to steal all of LockBit’s data and then destroy its infrastructure, causing a significant major degradation of the cybercrime threat.


LockBit is dominated by Russian speakers and does not attack former Soviet nations. The syndicate provides clients with the platform and the malware to conduct attacks and collect ransoms.


It has been linked to attacks on the UK’s Royal Mail, Britain’s National Health Service, airplane manufacturer Boeing, international law firm Allen and Overy and China’s biggest bank, ICBC.


Last June, US federal agencies released an advisory that attributed about 1,700 ransomware attacks in the United States since 2020 to LockBit and said victims included municipal governments, county governments, public higher education and K-12 schools, and emergency services.


An NCA official called LockBit the Instagram or Rolls-Royce of ransomware and said the aim of the operation was to discredit the syndicate and obliterate their reputation.


Attacking the brand is as important as attacking the infrastructure, said an NCA official, adding that the goal of the operation was to sow distrust amongst all the criminal users, shatter their credibility.


Ransomware is the costliest and most disruptive form of cybercrime, crippling local governments, court systems, hospitals and schools as well as businesses. It is difficult to combat as most gangs are based in former Soviet states and out of reach of Western justice. Law enforcement agencies have scored some recent successes against ransomware gangs, most notably the FBI’s operation against the Hive syndicate. But the criminals regroup and rebrand.


Britain’s National Cyber Security Centre has previously warned that ransomware remains one of the biggest cyber threats facing the UK and urges people and organisations not to pay ransoms if they are targeted.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Feb 20 2024 | 7:16 PM IST



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AI framework needs consultative and cooperative approach: Chandrasekhar | Tech News – Business Standard

AI framework needs consultative and cooperative approach: Chandrasekhar | Tech News – Business Standard


Minister of State for Information Technology Rajeev Chandrasekhar (File Pic)


Calling out the need for a global consultative approach towards the creation of regulations around Artificial Intelligence (AI), Rajeev Chandrasekhar, Minister of State for Information Technology, said that India has taken a lead in framing such regulations.


He also stated that this framework will be presented by June-July this year.


“India has taken a lead on creating this draft paper. We expect to have a draft framework discussed and debated by June-July this year. We will have a mid-year Global Partnership on Artificial Intelligence (GPAI) summit where if not all, but most countries, and especially the Global South, who normally get excluded from any debate about the future of tech, participate,” said Chandrasekhar.


He was talking at the 32nd Nasscom Technology and Leadership Forum, being held in Mumbai.


Chandrasekhar also added that there needs to be a more global consultative approach while coming out with regulations regarding AI. “We have the opportunity and responsibility to shape the way the world thinks and cooperate in creating a framework that harnesses the potential of AI but also has a cooperative mechanism that protects all consumers,” he added.


He also said that the approach to regulating AI in India would be similar to the way the government has introduced rules around the Internet. “We want to have consultative and transparency around the process for AI. They will essentially be legally accountable and trusted for the consumers who will consume. The basic principle will be that every platform has to be legally accountable for any harm that it causes or enables, and corollary that they should not enable criminality,” he added.


Chandrasekhar said that the intention is to harness AI for economic growth and address potential risks and harms. He also added that given the ‘ubiquitous’ and ‘boundary-agnostic’ nature of the Internet and AI, it is important that there is a global governance framework that deals with the safety and trust of AI.


“It is impossible for any one country to regulate the Internet as the harm that the Internet causes…these are always extra-jurisdictional. Therefore, there is no escape for a need for alignment around the principles that will be underpinning the global framework, and India has offered to lead in it,” he added.


Chandrasekhar also added that talent is going to be a strategic competitor and strength factor for the country. He shared that there is certainly a global shortage of talent and it is not only about engineers but in many other areas. “We have worked with global giants and drafted a multi-year curriculum that covers diploma, undergrad, masters, postdoctoral scholars to create globally competent talent and will be implemented from 2023,” he added.

First Published: Feb 20 2024 | 7:00 PM IST



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AI market in India to touch  billion by 2027: Nasscom-BCG report | News – Business Standard

AI market in India to touch $17 billion by 2027: Nasscom-BCG report | News – Business Standard


Majority of investments were made in data analytics, GenAI, and ML algos and platforms, as per the report | Photo: Bloomberg


India’s AI market, growing at a compounded annual growth rate (CAGR) of 25-35 per cent is projected to reach USD 17-billion by 2027, according to a report.


This growth is fueled by multiple factors including increasing enterprise tech spending, India’s growing AI talent base and a significant increase in AI investments, the report titled “AI Powered Tech Services: A Roadmap for Future Ready Firms; AI & GenAI’s Role in Turbocharging the Industry.”

The Nasscom report in partnership with BCG was released on Tuesday at the sidelines of the Nasscom Technology & Leadership Forum 2024 here.


Globally, investments in AI have seen 24 per cent CAGR since 2019, with 2023 seeing close to USD 83-billion investment, it said.


Majority of investments were made in data analytics, GenAI, and ML algos and platforms, as per the report.


Notably, around 93 per cent of the investments made by Indian tech services and made-in-India product players focus on digital content, data analytics and supply chain, according to the report.


With increasing enterprise tech spending, technology service providers are developing a wide array of innovative AI-based services and solutions, expanding their offerings beyond traditional IT services, it stated.


This includes the development of proprietary AI & GenAI platforms, tools for automation, data analytics solutions, and bespoke AI applications for specific industry verticals such as healthcare, banking & finance, and retail, the report said.


According to the report, India has the second highest installed talent base with 420,000 employees working in AI job functions.


India also has the highest skills penetration with three times more AI skilled talent than other countries. The country ranks among the top five nations with a 14 times growth in individuals skilled with AI in the last seven years, it said.


As the investments in AI continues to increase, the demand for AI talent in India is also expected to grow at 15 per cent CAGR till 2027, the Nasscom-BCG report said, adding the tech industry in India is already seeing more than 15 per cent growth in AI/ML jobs over the past 12 months with positions such as AI engineers growing at 67 per cent year-on-year.


Recognizing the importance of human capital in the AI journey, leading firms have invested heavily in upskilling and reskilling their workforce in AI and related technologies, with some organizations allocating USD 1-billion over the next three years dedicated to upskilling.


“Indian tech companies, with the advent of Generative AI, are expanding their portfolios beyond traditional IT and business process management to include AI-driven analytics, intelligent automation, and personalized customer interactions,” said Debjani Ghosh, President at Nasscom.


These companies are not just adopting AI; they are redefining their service offerings, creating more value for their clients, and setting new industry standards, she noted.


Accelerating this journey will require massive scale investment on AI skilling, investments in ethical and secure AI development practices and governance frameworks and a fundamental shift towards a human-centered approach, prioritizing transparency and human oversight, according to Ghosh.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Feb 20 2024 | 6:49 PM IST



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Phone (2a): Nothing confirms another key detail ahead of March 5 launch | Tech News – Business Standard

Phone (2a): Nothing confirms another key detail ahead of March 5 launch | Tech News – Business Standard



British consumer technology brand Nothing has confirmed another Phone (2a) specification in a run up to the launch, which is scheduled for March 5. In a social media post on X (formerly Twitter), the company confirmed that the Nothing Phone (2a) will be powered by a custom-build MediaTek Dimensity 7200 Pro chipset accompanied by 12GB RAM. Additionally, the company confirmed that the smartphone will feature 8GB virtual RAM that Nothing calls “RAM Booster”.


In a press note, Nothing stated that the MediaTek Dimensity 7200 Pro is built on TSMC’s latest second-generation 4nm process technology. According to the company, the chip has 8-core configuration with clocking speeds up to 2.8 GHz.


About the RAM Booster, Nothing said, the technology ensures swift and responsive multitasking all day long. According to Nothing, RAM Booster will result in a performance that is 18 per cent more powerful than Phone (1) and 16 per cent more efficient in terms of battery consumption compared to Phone (1).


Additionally, Nothing said it will introduce Smart Clean technology, enabling Phone (2a) to regularly clean out-of-order file fragments – an optimisation that boosts read and write speeds. This, according to the company, ensures that Phone (2a) feels as fast as it did on day one, even after years of use.


Although Nothing has only confirmed 12GB RAM for the Nothing Phone (2a), it is expected that the smartphone will be available in a lower RAM variants as well.


Nothing will launch the Phone (2a) at an in-person event in India. The event will kick-off at 5 PM on March 5 at Dwarka, Delhi. The company is selling tickets for the launch event that are available on PayTM Insider for Rs 999.


Previously, the company confirmed that the Phone (2a) will borrow some of the features from the flagship Nothing Phone (2) smartphone while providing an upgrade to the previous generation flagship Nothing Phone (1).


According to media reports, there will be a dual 50MP camera set up at the back of the smartphone to cover the imaging. A 50MP Samsung S5KGN9 1/1.5-inch main sensor alongside a 50MP Samsung S5KJN1 1/2.76-inch ultra-wide-angle sensor is expected to feature on the Nothing Phone (2a). Both these camera sensors have been used in previous smartphones from the brand. On the front, the Nothing Phone (2a) will likely get a 32MP Sony IMX615 camera sensor.


Nothing Phone (2a): Expected specifications


  • Display: 120Hz AMOLED (1084 x 2412 resolution)

  • Processor: MediaTek Dimensity 7200 Pro

  • RAM: up to 12GB

  • Storage: up to 128GB

  • Camera: Dual 50MP ( 50MP Samsung S5KGN9 1/1.5-inch + 50MP Samsung S5KJN1 1/2.76-inch ultra-wide-angle sensor)

  • Front camera: 32MP (Sony IMX615)

  • OS: Android 14 based Nothing OS 2.5

First Published: Feb 20 2024 | 5:21 PM IST



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OnePlus Watch 2 silhouette shows circular dial, crown, and button: Details | Tech News – Business Standard

OnePlus Watch 2 silhouette shows circular dial, crown, and button: Details | Tech News – Business Standard



OnePlus has released an image of a smartwatch, which is likely the first official picture of the Watch 2. In its community post, the Chinese electronic brand posted an image of a smartwatch with a circular metallic dial and two buttons on the right side. The image was accompanied by a caption, “It’s time, to do it right!”


The company, in its post, has asked community members to try and guess the product wrong, announcing that the “Best wrong answer wins the right prize.”


 

According to news reports, OnePlus is planning to launch its second-generation smartwatch at the Mobile World Congress (MWC) in Barcelona later this month. The upcoming smartwatch from OnePlus is expected to run on Google WearOS, offering a fresh experience since the first-generation model was based on OnePlus’ proprietary operating system.


 


The OnePlus Watch 2 is expected to be powered by the Qualcomm Snapdragon W5 Gen 1 chip. Although the smartwatch will likely retain the circular dial and the metal frame from the previous generation, it would likely sport a larger 1.43-inch AMOLED display.


The first-generation OnePlus Watch was launched in 2021 at Rs 14,999. It featured a 2.5D curved glass AMOLED display and was IP68 certified for water and dust resistance. The OnePlus Watch had a 402mAh battery. It supported over 110 workout modes, and featured blood oxygen saturation (SpO2) monitoring, stress detection, rapid heart rate alert, and more.


OnePlus Watch 2: Expected specification


  • Display:  1.43-inch AMOLED display

  • Processor: Qualcomm Snapdragon W5 Gen 1

  • RAM: 4GB

  • OS: WearOS

  • Sensors: Tri-axial Acceleration Sensor, Gyroscope Sensor, Geomagnetic Sensor, Barometric Sensor, SpO2 (Blood Oxygen) Monitor, Optical Heart Beat Sensor, Capacitance Sensor, Ambient Light Sensor

  • Protection: IP68

  • Colours: Black and White

First Published: Feb 20 2024 | 3:37 PM IST





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