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Showing posts from March 17, 2023

Huawei Replaced Over 13,000 Parts Hit by US Trade Sanctions, Says Founder

Huawei's founder said that the company has replaced more than 13,000 parts in its products that were hit by US trade sanctions, according to a transcript of a speech posted on Friday by a Chinese university. According to the transcript posted by Shanghai Jiao Tong University, Huawei founder Ren Zhengfei said Huawei had over the past three years replaced the 13,000 components with domestic Chinese substitutes and had redesigned 4,000 circuit boards for it products. He said production of circuit boards had "stabilized." The remarks, which Reuters could not independently verify, provided a window into Huawei's efforts to bounce back from US trade restrictions. Since 2019, Huawei, a major supplier of equipment used in 5G telecommunications networks, has been the target of successive rounds of US export controls. Those controls cut off both Huawei's supply of chips from US companies and its access to US technology tools to design its own chips and have them manufa

Explained: What Is Generative AI, the Technology Behind OpenAI's ChatGPT?

Generative artificial intelligence has become a buzzword this year, capturing the public's fancy and sparking a rush among Microsoft and Alphabet to launch products with technology they believe will change the nature of work. Here is everything you need to know about this technology. What is Generative AI? Like other forms of artificial intelligence , generative AI learns how to take actions from past data. It creates brand new content — a text, an image, even computer code — based on that training, instead of simply categorising or identifying data like other AI. The most famous generative AI application is ChatGPT , a chatbot that Microsoft -backed OpenAI released late last year. The AI powering it is known as a large language model because it takes in a text prompt and from that writes a human-like response. GPT-4 , a newer model that OpenAI announced this week, is "multimodal" because it can perceive not only text but images as well. OpenAI's president demon

Bandai Namco Invests in Pune-Based Game Studio SuperGaming: Details

Bandai Namco Entertainment, the Japanese game publisher known for entries such as Elden Ring, Dark Souls trilogy, and Pac-Man, have invested in Pune-based developer SuperGaming. The company has used its ‘Bandai Namco Entertainment 021 Fund,' a fund meant for investing in startups and building its “IP metaverse,” by investing in the Indian studio and Deepmotion, based in the US. The fund was started in April last year, in anticipation of Web3 and amidst other developments in the metaverse. The press release does not mention the deal size, but the fund's investment size ranges from ¥10 million (about Rs. 62 lakh) to ¥500 million (about Rs. 31 crore). “Working on PAC-MAN was a bucket list item which I have been fortunate to tick off,” said Roby John, co-founder and CEO, SuperGaming said in a prepared statement. “A customer becoming an investor is the biggest validation we at SuperGaming could ever ask for, so it's a tremendous honour to have Bandai Namco invest in us and j

ChatGPT Plus Subscriptions for Users in India Rolled Out by OpenAI: All Details

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ChatGPT Plus, a subscription plan for the AI-based ChatGPT created by OpenAI, is now available to users in India. Subscribers gain access to the service even during peak demand, faster response times, and prioritised access to new functionalities. OpenAI's text-generating AI membership service has been made accessible in the country, the company said on Friday. GPT-4, the streamlined AI model released by OpenAI earlier this week, is included in ChatGPT Plus. Initially, the company started a gradual rollout of the paid subscription to users already who sign up on the waitlist. It is available to all users, and subscribers can also cancel at any time, according to the company. Released in the US in February after a brief preview period, ChatGPT Plus costs $20 (roughly Rs. 1,600) per month to subscribe. The company announced on Friday via Twitter that ChatGPT users in India can also sign up for the premium chatbot service. Gadgets 360 was able to log in to the service and verify tha

TCS, Infosys Have Highest Exposure to US Regional Banks, Says JP Morgan After SVB Collapse

Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil, analysts at JP Morgan said on Friday. Regional banks in the United States account for 2-3 percent of their revenue, JP Morgan said in a note, adding that the exposure to the recently collapsed Silicon Valley Bank could be 10-20 basis points for TCS , Infosys and smaller rival LTIMindtree, with the Tata group company in the lead. All three companies might need to set aside provisions in the fourth quarter due to their exposure to SVB , JP Morgan said in a note. "The collapse of SVB, Signature Bank and concerns of liquidity across US and the European Union can further soften tech spends by banks over the short term in a year with slowing growth in bank tech budgets," JP Morgan, which has an "underweight" rating on the sector, said. India's IT industry is already facing a challe

Indian Startups Have Deposits of About $1 Billion in Silicon Valley Bank: MoS IT Rajeev Chandrasekhar

Indian startups had deposits worth about $1 billion (roughly Rs. 8,250 crore) with embattled Silicon Valley Bank and the country's deputy IT minister said he had suggested that local banks lend more to them going ahead. California banking regulators shut down Silicon Valley Bank (SVB) on March 10 after a run on the lender, which had $209 billion (roughly Rs. 17 lakh crore) in assets at the end of 2022. Depositors pulled out as much as $42 billion (roughly Rs. 3.4 lakh crore) on a single day, rendering it insolvent. The US government eventually stepped in to ensure that depositors had access to all their funds. "The issue is, how do we make startups transition to the Indian banking system, rather than depend on the complex cross border US banking system with all of its uncertainties in the coming month?" India's state minister for technology, Rajeev Chandrasekhar said late Thursday night in a Twitter spaces chat. Hundreds of Indian startups had more than a billio

Apple Working on Natural Language Generation Features for Siri on Apple TV: Report

Siri — Apple's voice-based assistant for iPhone, iPad, Mac, HomePod, and Apple TV — could soon receive a massive upgrade, according to a report. The Cupertino company is said to be working on a new natural language technology for Siri on an upcoming version of tvOS, its operating system for Apple TV and HomePod. While the technology is expected to bring improved functionality to Apple's voice assistant, it is unlikely that the company is working on AI chatbots to rival OpenAI's ChatGPT or Google Bard. According to a 9to5Mac report , Apple is working on a new framework for “Siri Natural Language Generation” functionality on the voice assistant. The technology, which is codenamed "Bobcat", was spotted on tvOS 16.4 , which is currently in testing. The publication also claims that its findings corroborate a report in The New York Times that the company is developing “language-generating concepts.” The Google Assistant , Siri's main rival, has developed rapidly o