Honasa Consumer, the parent company of beauty and personal care (BPC) brand Mamaearth, said its active ingredients-backed skincare brand, The Derma Co, has achieved an annual revenue run rate (ARR) of Rs 500 crore. ARR is a metric to forecast the financial performance of a company over a year based on past earnings data.According to the company, this was driven by the creation of brands offering specialised products tailored for Indian skin and weather conditions. It emphasised product...
Microsoft has introduced an upgraded lineup of small AI models, Phi-3. The family includes Phi-3 Mini with 3.8 billion parameters, Phi-3 Small with 7 billion, and Phi-3 Medium with 14 billion.
According to Demis Hassabis, the child prodigy who founded DeepMind, Google is likely to invest more than $100 billion in AI technology and applications in the near future. DeepMind is a British-American research laboratory that has been working on AI since 2010. Google acquired the company in 2014.Read Entire Article
We have all been guilty of falling under the foundation model spell of the past year-and-a-half, initiated by OpenAI’s unveiling of ChatGPT to the public. But it is not only where large language models (LLMs) such as GPT-4 are concerned that incredible progress has been made in the field of artificial intelligence. And one company has been behind more impressive milestones than most — DeepMind, acquired by Google in 2014 for a reported £400mn to £650mn. Speaking at the TED 40th...
AMD has unveiled today its Ryzen PRO desktop and laptop CPU lineups that are going to be powering the new Microsoft Windows 11 AI PCs. The latter is excited about Pluton security in these PCs.
Microsoft’s 3.8B parameter Phi-3 may rival GPT-3.5, signaling a new era of “small language models."
Elon Musk responded to accusations by Facebook co-founder Dustin Moskovitz, who likened Tesla's business practices to Enron's fraud, alleging massive consumer and securities fraud by Tesla. read more
Nvidia plans to acquire Run:ai, a Kubernetes-based software provider that helps optimize AI apps and workloads on GPUs.
To boost its efforts around brand safety, IPG is adding more tools for identifying harmful content while also helping advertisers avoid appearing near it.
I had the pleasure to interview a passionate and knowledgeable car enthusiast in the past days, someone with a rich background on the rare and obscure jewels in the car world: Derek Tam-Scott; he is OTS and Co. co-founder, who, by the side of Robert Eppley and Tazio Ottis reunites several decades worth of experience […]
Former OpenAI researcher once predicted a 50 percent chance of AI killing all of us.
Alphabet and Microsoft ignited a rally in technology stocks on Friday with earnings that showed big AI investments were driving growth, allaying doubts that their costly bets would take time to pay off after a soft forecast from Meta Platforms. Alphabet rose 10%, crossing $2 trillion in market value with a gain of about $180 billion as it sweetened the pot for investors with its maiden dividend and a $70 billion stock buyback. The world's fourth most valuable firm flirted with the milestone on...