Year ender 2023: Some big stories about AI in its breakout year
This was the year when artificial intelligence (AI) went from being a nascent technology to invading nearly every aspect of our lives. A look at the highs and lows for AI in 2023.
According to Forbes, AI expenditure in India is expected to reach almost Rs 9,800 crore by 2025 and is expected to contribute at least Rs 3,750 crore to the GDP by 2025. That's not all, compared to 2016, India had nearly 14 times more people in June 2023 that have AI on their skill list. AI has already seen heavy adoption across various segments in the country, notably in retail, education and finance.
AI will drive the future of Google Maps in India, says VP Miriam Daniel
Google VP Miriam Daniel said that the company aims to build a more immersive and comprehensive map that is unique to India.
"Given the country's complexity and the diversity and the needs of the Indian users, scale will be critically important. For that, we will continue to depend on technologies like AI to reinvent and simplify the experience for our users and to make sure we are providing access to everyone in India," said Miriam Karthika Daniel, Vice President - Maps Experiences, Google.
Sam Altman’s Worldcoin discontinues offline Orb verification services in India: MC Exclusive
This is a temporary move as the company is working on developing a bespoke solution to ease registrations in the country. Worldcoin was unable to foresee and handle the huge demand and crowd at Orb locations, sources privy to the developments told Moneycontrol.
Sam Altman’s crypto project Worldcoin stopped offline ‘Orb’ verifications and biometric identity-based user onboarding in India nearly 3-4 months back, multiple sources told Moneycontrol. This was in the wake of huge number of people queuing up at designated locations amid the hype to get registered and earn free Worldcoin (WLD) tokens.
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