Unanimous AI has been predicting Oscar winners, and the results have been astounding. Using its patented Swarm Technology, the company has predicted which actors and films will win in 16 award categories with an average of 90% accuracy. What is the process behind it? The company’s Swarm AI technology optimises a group’s combined knowledge, wisdom, insights, and intuitions into a unified output by combining real-time human input with AI algorithms – essentially creating an artificial super expert. In other words, forming hive minds. The Academy Awards will be held on…
Read MoreAuthor: FutureTech
TCS , IIT Madras partner to launch M Tech in Industrial Artificial Intelligence
TCS has teamed up with the Indian Institute of Technology Madras (IIT-M) to launch an M.Tech programme in Industrial Artificial Intelligence (AI) for working professionals. The M.Tech programme at IIT-M is an 18-month course designed in collaboration with TCS that will be delivered live via virtual classrooms to upskill corporate employees in AI applications and solve industrial problems. TCS expects the course to help scale up competence throughout the Indian workforce and enhance the AI and machine learning knowledge ecosystem, allowing India to become a global innovation powerhouse. “TCS Research…
Read MoreWhatsApp multi-device support starts rolling out to all users
WhatsApp, the encrypted messaging service owned by Meta, has begun bringing out multi-device compatibility to all users. Users have had access to the feature through WhatsApp’s opt-in beta testing programme up until now. According to WABetainfo, the update will be available to iOS users this month, with an Android release following next month. With the new upgrade, you won’t need to keep your primary device connected to the internet to use the platform. On linked devices, viewing live location is not possible. The secondary devices are unable to create and…
Read MoreA dotcom era pioneer in India readies second startup Netcore Cloud for an IPO
Rajesh Jain, 54, a pioneer of India’s internet business, is preparing his second startup, Netcore Cloud Pvt., for an initial public offering within the next year. “We’ve had initial conversations with half-a-dozen bankers and the formal process will start in the next couple of months,” Jain said over a Zoom call discussing the acquisition and the IPO. “We are targeting an IPO within the next nine to 12 months.” Netcore, based in Mumbai, is a software-as-a-service (SaaS) company that specialises in providing organisations with client communication and engagement solutions. It…
Read MoreFounders of autonomous vehicle startup Ati Motors step down over ‘difference
Vinay V and Saad Nasser, two of the three co-founders of Ati Motors, a startup that built the country’s first autonomous cargo vehicle, have resigned. They have both resigned from their posts as Chief Scientific Officer and Chief Technology Officer. Nasser, a child prodigy, is the winner of the Intel IRIS award. He co-founded Ati when he was 14. Vinay cited “differences with management about the advancement of technology in the organisation” as the reason for his departure. Vinay is an adjunct faculty member at the Chennai Mathematical Institute and is a…
Read MoreDeep-tech startup Praan bags funding from Climate Angels, Aera VC, and others
Praan, a deep-tech startup, has raised an unknown sum in a new round of funding from global investors Aera VC, Climate Angels, and Sequoia Scouts. The round was also attended by Cool Climate Collective, film director Roshan Abbas, and angel investor Akshat Rajan. Vijay Shekhar Sharma (Paytm), Nipun Sahni (Apollo Global Management), and Paula Mariwala are among the Climate Angels (Seedfund Advisors). Global angel investors from Tesla, Breakthrough Energy Ventures, and other companies are part of the Cool Climate Collective. Praan’s India team will be expanded, manufacturing will be accelerated,…
Read MoreGAISA: Born out of the desire to acknowledge the AI realm
All India Council for robotics and automation hosts the 3rd edition of the global artificial intelligence summit and awards, an event first of its kind dedicated exclusively to discussing and highlighting the impact of AI in prominent sectors. India will witness the gathering of the global AI ecosystem on the 14th and 15th of September 2022 at Vigyan Bhawan, New Delhi. The global artificial intelligence summit and awards were born out of the desire to address and acknowledge the realm of AI and its significance among different sectors such…
Read MoreOfBusiness lending platform Oxyzo turns Unicorn after raising $200M in a Series A round
Oxyzo Financial Services, a Gurugram-based technology-enabled smart finance solution provider, announced today that it has raised $200 million in a Series A fundraising round at a $1 billion valuation, making it the country’s latest unicorn business. Alpha Wave led the fresh financing round, which was also joined by Tiger Global, Norwest Venture Partners, Matrix Partners, and Creation Investments. It’s worth noting that this is Oxyzo’s first external capital round, as the company began as OfBusiness Group’s financing platform before being spun off into its own company. Oxyzo was founded in…
Read MoreDeFi protocol firm Struct Finance raises $3.9M in a Seed round
Struct Finance, a Decentralized Finance (DeFi) protocol company, has raised $3.9 million in a Seed investment round to develop tools that would enable the ecosystem to design, compose, and invest in decentralised structured products. Antler, Arcanum Capital, Assymetries Technologies, Avalaunch, AVentures Dao, Bison Fund, Bixin Ventures, Blizzard Fund, Double Peak, FBG Capital, Finality Capital Partners, Infinity Ventures Crypto, Keychain Capital, Lancer Capital, Lucidblue, MC Ventures, QCP Capital, SCC Investments, Spark Digital, Wintermute, Woodstock, Zokyo, and 0xVentures led the new round With this round of funding, Struct Finance says it will…
Read MoreHacker Group Claims Large Trove Of Alleged Microsoft Source Code Leaked
This week, Lapsus$ was in the news again, this time claiming to have attacked and accessed source code from Microsoft. On Sunday, the hackers revealed the details of their new conquest on their Telegram channel. According to Lapsus$, the supposed Microsoft source code included data for Bing, Cortana, and other projects that Microsoft has been working on behind the scenes. And just 24 hours later, the hacker gang released the information in the form of a torrent containing over 250 projects from Microsoft’s repository. While uploading the torrent, Lapsus$ notified…
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