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☆ There are no 'red lines' for intellectual property in AI, Builder.ai founder says
▼ + stars: | 2024-05-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere are no 'red lines' for intellectual property in AI, Builder.ai founder saysSachin Dev Duggal, founder of Builder.ai, says regulation may be needed to protect the use of intellectual property in artificial intelligence models.

Persons: Sachin Dev Duggal, Builder.ai

☆ The UK is gearing up for a pivotal summit on AI. Here's what you need to know
▼ + stars: | 2023-10-31 | by ( Ryan Browne | ) www.cnbc.com time to read: +10 min

Where it's being heldThe AI summit will be held in Bletchley Park, the historic landmark around 55 miles north of London. What it seeks to addressThe main objective of the U.K. AI summit is to find some level of international coordination when it comes to agreeing some principles on the ethical and responsible development of AI models. The British government wants the AI Summit to serve as a platform to shape the technology's future. They say that, by keeping the summit restricted to only frontier AI models, it is a missed opportunity to encourage contributions from members of the tech community beyond frontier AI. "By focusing only on companies that are currently building frontier models and are leading that development right now, we're also saying no one else can come and build the next generation of frontier models."

Persons: Rishi Sunak, Peter Nicholls, Rishi Sunak's, ChatGPT, Getty, codebreakers, Alan Turing, It's, Kamala Harris, Saul Loeb, Brad Smith, Sam Altman, Global Affairs Nick Clegg, Ursula von der, Emmanuel Macron, Joe Biden, Justin Trudeau, Olaf Scholz, Sunak, —, Xi Jinping, Biden, James Manyika, Manyika, Mostaque, we're, Sachin Dev Duggal, Carl Court Organizations: Royal Society, Carlton, Getty, U.S, Microsoft, Coppin State University, AFP, Meta, Global Affairs, Global Affairs Nick Clegg U.S, Ministry of Science, Technology European, Joe Biden Canadian, Britain, Afp, Getty Images Washington, U.S ., Google, CNBC, Big Tech Locations: London, China, Bletchley Park, British, America, Baltimore , Maryland, Chesnot, U.S, Nusa Dua, Indonesian, Bali, EU

☆ We're only seeing the tip of the AI iceberg, says Builder.ai CEO Sachin Dev Duggal
▼ + stars: | 2023-10-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're only seeing the tip of the AI iceberg, says Builder.ai CEO Sachin Dev DuggalBuilder.ai CEO Sachin Dev Duggal and Futurum Group’s Daniel Newman join 'Power Lunch' to discuss the future of cloud 2.0

Persons: Sachin Dev Duggal, Futurum Group’s Daniel Newman

☆ Insider Today: Amazon's secret search plan
▼ + stars: | 2023-10-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

AdvertisementAdvertisementThe retail giant is overhauling its search bar with ChatGPT-like features that'll act as a sort of concierge for customers, offering expert answers and product suggestions. Dubbed Project Nile, Amazon's top leaders, including CEO Andy Jassy, view the new search bar as a top priority. AdvertisementAdvertisementHowever, Amazon's overhauled search bar will arguably be the most impactful implementation of generative AI from Big Tech for US consumers thus far. insider intelligenceIn reading Eugene's piece, three follow-up questions immediately came to mind:How will Amazon sellers try and game the new search bar? However, Joseph Sirosh serves as VP of Amazon Search and Alexa Shopping, suggesting Alexa could get a much-needed boost from the new search bar.

Persons: —, Mike Blake, Alyssa Powell, Amazon's, Andy Jassy, Eugene Kim, Joseph Sirosh, Alexa, TikTok, Ben Sun, Anu Duggal, Susan Lyne, Josh Wolfe, Matt Harris, Jillian Williams, Melissa Kwan, Sergey Brin, Brin, Hugo Herrera, Sam Bankman, Fried, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Reuters, Nile, Microsoft, Big Tech, Alexa, Amazon Search, Getty, Wall Street, BBG Ventures, Lux Capital, Apple, Bain Capital Ventures, Cowboy Ventures, Prosecutors, BET, MLB, American League and National League, Houston Astros Locations: Atlanta, Sonoma , California, New York City, San Diego, London, New York

☆ Burning Man: Tens of thousands trapped by immense mud might be able to leave if roads reopen today
▼ + stars: | 2023-09-04 | by ( Nouran Salahieh | ) edition.cnn.com time to read: +6 min

“Despite afternoon drizzle, the conditions are improving on the playa,” Burning Man organizers said Sunday night. About 72,000 people remain on site, according to a Sunday night update from Burning Man organizers. People walk off the playa out near the Burning Man site on the Black Rock Desert in northern Nevada on Sunday. Jason Bean/RGJ/USA TODAY/ReutersA death at the festival just ahead of the weekend was “unrelated to the weather,” Burning Man organizers said Sunday night. Attendees walk through a muddy desert plain on Saturday at the Burning Man festival site.

Persons: Nathan Carmichael, ”, Amar Singh Duggal, DJ Diplo, Chris Rock, Jason Bean, Julie JAMMOT, festivalgoer Gillian Bergeron, ” Bergeron, “ It’s, Andrew Hyde, ” Hyde, Bergeron, Hannah Burhorn Organizations: CNN, Black Rock City, Reuters, Sheriff’s, Rock City, Getty Locations: Nevada, Roads, Black Rock, Pershing, Instagram, Rock, AFP

CNN —As thousands of people remain unable to leave the Burning Man festival in the Nevada desert after heavy rains inundated their campsites with ankle-deep mud Saturday, authorities say they are investigating a death at the event. Vehicles trying to drive out will get stuck in the mud, Burning Man organizers said Saturday. Dawn brought muddy realization to the Burning Man encampment, where the exit gates remain closed indefinitely because driving is virtually impossible. A rainbow appears at Burning Man in Black Rock Desert, Nevada, on September 2, 2023. “Burning Man is a community of people who are prepared to support one another,” Burning Man said on its website.

Persons: “, Trevor Hughes, Dawn, Hannah Burhorn, ” Burhorn, It’s, Sean Burke, Amar Singh Duggal, Andrew Hyde “, Duggal, Burhorn, ”, Andrew Hyde, Gerlach Organizations: CNN, Land Management, Reno Gazette, Sheriff’s, ” Authorities, Authorities, USA, ”, Vehicles, “, Resources Locations: Nevada, Pershing, Black Rock, Rock, BRC, Reno, San Francisco, , Nevada

☆ U.S. is striving to be on the forefront of A.I. regulation and transparency: Builder.ai CEO
▼ + stars: | 2023-05-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. is striving to be on the forefront of A.I. regulation and transparency: Builder.ai CEOBuilder.ai CEO Sachin Dev Duggal is joined by CNBC's Julia Boorstin and Steve Kovach on 'The Exchange' to discuss today's Senate Judiciary Subcommittee hearing on A.I., the Senate's plans to regulate A.I., and the challenge of developing safeguards against A.I..

☆ Microsoft ramps up A.I. game with bet on startup that helps coding novices build apps
▼ + stars: | 2023-05-10 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

LONDON — Microsoft invested an undisclosed sum into Builder.ai, a startup that helps companies make applications without any coding experience, doubling down on its artificial intelligence efforts. Through a strategic partnership, Microsoft plans to integrate Builder.ai's own AI assistant Natasha into its Teams video and chat software to let customers build business apps within the platform. Builder.ai will also enhance Natasha by leveraging Microsoft's AI algorithms to make it sound more human, the company said. Developers on the Microsoft Azure platform will also be able to tap into Builder.ai's network of experts, it added. "What we're really doing is bringing together a world where customers are able to build software, run software, host software."

☆ Qualcomm to acquire Israeli auto-chip maker Autotalks
▼ + stars: | 2023-05-08 | by ( ) www.reuters.com time to read: +1 min

Autotalks makes dedicated chips used in the vehicle-to-everything (V2X) communications technology for manned and driverless vehicles to improve road safety. The company had credited the jump to its Snapdragon Digital Chassis product used by car makers and their suppliers. The Snapdragon Digital Chassis can provide assisted and autonomous driving technology, as well as in-car infotainment and cloud connectivity. Qualcomm on Monday said it would incorporate Autotalks' solutions into Snapdragon Digital Chassis product portfolio, but did not elaborate on the financials of the deal. The acquisition will be made through its unit Qualcomm Technologies, Qualcomm added.

☆ We're in the AOL phase of artificial intelligence, tech CEO says, as industry raves about A.I.
▼ + stars: | 2023-05-02 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Today's artificial intelligence systems are akin to the dial-up internet of yesteryear, according to the CEO of one AI startup, who said the space is in need of a reality check. Sachin Duggal, co-founder, and CEO of Builder.ai, told CNBC Friday that we've only just begun to imagine what's possible with AI. "We're only in the AOL world of AI still," Duggal told CNBC in an interview. "There is this perception we're in the fiber optic world of AI. Hype around AI has hit a fever pitch over the past few months on the back of excitement about ChatGPT, the popular AI chatbot.

☆ A.I. is allowing a more creative part of human nature to kick in: Builder.ai CEO
▼ + stars: | 2023-04-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA.I. is allowing a more creative part of human nature to kick in: Builder.ai CEOSachin Dev Duggal, founder and CEO of Builder.ai, and CNBC's Steve Kovach join 'The Exchange' to discuss the startup Builder.ai, the state of text-based app development, and the impact A.I. will have on employment.

☆ India lets banks use face recognition, iris scan for some transactions - sources
▼ + stars: | 2023-01-13 | by ( Nikunj Ohri | ) www.reuters.com time to read: +2 min

NEW DELHI, Jan 13 (Reuters) - The Indian government is allowing banks to verify individual transactions that exceed a certain annual limit using facial recognition and an iris scan in some cases, in a bid to reduce fraud and tax evasion, three sources told Reuters. The prospect of banks using facial recognition has concerned some privacy experts. "This raises substantial privacy concerns especially when India lacks a dedicated law on privacy, cybersecurity and facial recognition," said Pavan Duggal, an advocate and cyber law expert. The government has said it is targeting parliamentary approval of a new privacy law by early 2023. The Aadhaar card has a unique number tied to an individual's fingerprints, face and eye scan.

☆ Qualcomm launches auto chip to handle both assisted driving and entertainment
▼ + stars: | 2023-01-04 | by ( Jane Lanhee Lee | ) www.reuters.com time to read: +1 min

OAKLAND, Calif., Jan 4 (Reuters) - Mobile chip maker Qualcomm Technologies, Inc (QCOM.O) on Wednesday unveiled a processor chip for the car called Snapdragon Ride Flex SoC that handles both assisted driving and cockpit functions, including entertainment. Previously those functions were handled on different chips and merging them can help bring down costs, said Nakul Duggal, Qualcomm’s head of automotive. The extra external components that you need, those go down,” Duggal told Reuters. Qualcomm has been steadily building up its automotive business in recent years and in September it said its automotive business "pipeline" increased to $30 billion. Duggal said automotive customers are already trying out the new chip and it would be commercially available in the first half of next year.

☆ India to sustain growth through more govt capital spending - finance minister
▼ + stars: | 2022-11-30 | by ( ) www.reuters.com time to read: +1 min

NEW DELHI, Nov 30 (Reuters) - India will sustain its high growth rate through more government capital spending, the finance minister said in an interview at the Reuters NEXT conference on Wednesday, adding that she saw signs of a pick-up in private investments too. "We would continue to push capital expenditure, and that I’m saying even as I’m preparing for the next budget," Nirmala Sitharaman said. The states have shown extraordinary absorption capacity for taking the monies and spending on capital assets." She said the government sees the "capital expenditure route as one of those which can guarantee good growth". Reporting by Ira Duggal and Aftab Ahmed; Editing by Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.

☆ Insights from a Professional Whistleblower
▼ + stars: | 2022-11-16 | by ( ) www.wsj.com time to read: 1 min

AI: The Next FrontierArtificial intelligence is rapidly transforming life and business, raising questions about the future of jobs, security and society. Co-founder of Builder.ai, Sachin Dev Duggal and professor and author Gary Marcus, join the Journal's Deputy Editor in Chief Charles Forelle to discuss how business leaders should navigate this challenging new environment.

Persons: Builder.ai, Sachin Dev Duggal, Gary Marcus, Charles Forelle

A customer hands Indian currency notes to an attendant at a fuel station in Mumbai, India, August 13, 2018. The Fed's decision sent the dollar to a new 20-year high and the rupee to a record low of 80.61. The Reserve Bank of India has been selling dollars to alleviate the depreciation pressure on the rupee due to the surging dollar and foreign portfolio outflows. All this points to a structurally weaker rupee," said Dhananjay Sinha, chief economist at Systematix Shares & Stocks. Sinha said the rupee is overvalued by about 5-5.5% on a real effective exchange rate (REER) basis.

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