EMPOWERING INNOVATION

Browsing monthly archive

July 2023

Blockchain Technology: Unraveling the Mysteries of Application Development

Blockchain technology has rapidly gained immense popularity in recent years, revolutionizing various industries across the globe. Its decentralized and secure nature has made it a game-changer, offering unparalleled transparency, immutability, and efficiency in data management. Understanding the development of blockchain applications is crucial for harnessing its full potential. In this article, we will cover the fundamentals of blockchain, explore its application development, and provide valuable insights for developers and entrepreneurs. Fundamentals of Blockchain: Underlying Principles, Data Structure, and Consensus Mechanisms At its core, blockchain is a distributed ledger that records…

Share
Tweet
Share
Pin
0 Shares
futuretech 0

Opportunities for Digitalization in Pharma & Life Sciences

Digital technologies are revolutionizing the life sciences and healthcare sectors, prompting organizations to embrace digitalization for success in a dynamic business environment. This article explores the challenges and opportunities encountered by organizations as they transition from traditional approaches to being digital in these sectors. Embracing Digital Opportunities While many organizations in the life sciences sector recognize the potential of digital technologies, only a small percentage have taken ambitious and continuous steps to fully benefit from these capabilities. According to a study by Deloitte and MIT Sloan Management Review, around 20%…

Share
Tweet
Share
Pin
0 Shares
futuretech 0

AI-Based Deepfake Scams: The Dark Side of Technology’s Advancement

AI is revolutionizing various aspects of our lives, enhancing our experiences and providing us with intelligent personal assistance. From planning vacations to performing complex tasks, artificial intelligence has become an integral part of how humans interact with technology. However, while AI offers numerous benefits, there are also downsides to its increasing integration into our everyday lives. One such downside is the emergence of AI-based deepfake scams, where scammers exploit this technology to deceive and steal from unsuspecting individuals. A recent case reported in Kerala, India, sheds light on the potential…

Share
Tweet
Share
Pin
0 Shares
futuretech 0

Live Updates: Chandrayaan-3 Launch Marks India’s Endeavor for Lunar Landing

The Indian Space Research Organisation (ISRO) embarked on the Chandrayaan-3 mission, aiming to achieve a soft landing on the Moon. The launch took place on Thursday, July 14, from the Satish Dhawan Space Centre in Sriharikota at 2.35 PM IST. If successful, India will join an exclusive group of countries that have accomplished this feat, including the United States, the Soviet Union, and China. The Chandrayaan-3 spacecraft has now entered orbit around the Earth, beginning its journey towards the Moon. Here are the live updates on the mission’s progress. Launch…

Share
Tweet
Share
Pin
0 Shares
futuretech 0

Google Bard Adds Image Input Feature

Google Bard, the AI chatbot from Google, has received a major update that adds the ability to process image inputs. This means that users can now upload photos and ask Bard to analyze them for a variety of purposes, such as generating captions for social media, getting recipe ideas, or even identifying objects in the image. To use the image input feature, users simply need to click on the “plus” icon next to the search bar in Bard and select the photo they want to upload. Once the photo is…

Share
Tweet
Share
Pin
0 Shares
futuretech 0

Twitter Expands Creator Monetization Program, Sharing Ad Revenue with Users

Twitter has made an exciting announcement, expanding its creator monetization program to offer users the opportunity to share in ad revenue generated from replies to their posts. This move is aimed at enabling individuals to earn a livelihood directly through the platform, providing creators with more ways to monetize their content. Twitter users now have the flexibility to independently sign up for both Ads Revenue Sharing and Creator Subscriptions, enhancing their earning potential and establishing a sustainable income stream. Let’s dive into the details of this expansion and how users…

Share
Tweet
Share
Pin
0 Shares
futuretech 0

Adobe’s FireFly AI Image Generator Expands Language Support for Enhanced Creativity”

Adobe is once again revolutionizing the world of creative design with an update to its FireFly AI image generator. The company recently announced that its generative AI model now supports text prompts in over 100 languages, including eight regional languages such as Gujarati, Hindi, Malayalam, Marathi, Nepali, Punjabi, Tamil, and Telugu. This expanded language support empowers users to generate stunning images and captivating text effects using their native languages within the standalone FireFly web service. In addition, Adobe has localized the service in 20 languages, with versions available in French,…

Share
Tweet
Share
Pin
0 Shares
futuretech 0

Elon Musk’s xAI: Pioneering a New Frontier in AI Research

Elon Musk, the visionary entrepreneur behind Tesla, SpaceX, and Twitter, has once again made headlines with the launch of his latest endeavor, xAI. Musk’s new artificial intelligence (AI) company is set to challenge existing AI technologies and delve into uncharted territories to gain a deeper understanding of the universe. Musk’s decision to launch xAI stems from his concerns about what he perceives as OpenAI’s “woke” ideology. With xAI, Musk aims to pioneer a new frontier in AI research, unfettered by what he considers to be ideological biases. His primary goal…

Share
Tweet
Share
Pin
0 Shares
futuretech 0

Implications of Imposing 28% GST on Online Gaming: Concerns Raised by Industry Experts

Finance Minister Nirmala Sitharaman announced on Tuesday that the GST council has approved the imposition of a 28% tax on online gaming, horse racing, and casinos. This decision, made during the 50th GST Council meeting, has sparked worries within the online gaming industry. Several industry experts have expressed their concerns, stating that this move has the potential to cause significant losses to the industry. According to a Forbes India report, India has over 400 million online gamers, with approximately 90-100 million being regular players. The imposition of a 28% GST…

Share
Tweet
Share
Pin
0 Shares
futuretech 0

Unveiling the Unexpected: ChatGPT Witnesses a Sharp Decline in Traffic, Prompting Reflection on AI Limitations

OpenAI’s ChatGPT, the revolutionary generative AI model that captured the attention of the internet, is experiencing an unexpected setback. Recent data from Similarweb and Sensor Tower reveals a staggering 10 percent decline in traffic, both on mobile and websites, indicating a significant reduction in the usage of AI-powered tools and services provided by OpenAI. According to a report by The Washington Post, ChatGPT witnessed a notable 9.7 percent decline in traffic in June. This decline encompasses both app and website usage. Additionally, Sensor Tower data indicates a substantial drop in…

Share
Tweet
Share
Pin
0 Shares
futuretech 0