Gautham Adani is addicted to AI Chabot. As the fourth richest person in the world according to the Bloomberg Billionaires Index, Gautam Adani has admitted to being addicted to AI Chabot ChatGPT. The ChatGPT is a new artificial intelligence tool developed by OpenAI that can interact in the form of a conversational dialogue and provide responses that appear surprisingly human.
The 60-year-old India tycoon said in a LinkedIn post last week that the release of ChatGPT was a “transformational moment in the democratization of AI given its astounding capabilities as well as comical failures.”
Billionaire Gautham Adani also went on to say that generative artificial intelligence (AI) will have massive ramifications and that nearly five decades ago, the US led the world in chip design and large-scale production. It also resulted in the rise of many partner countries and tech behemoths such as Intel, Qualcomm, and TSMC, among others, he said.
He also stated that it paved the way for precision and guided weapons to be used in modern warfare, with more chips mounted than ever before.
“Generative AI has the same potential and dangers as traditional AI, and the race has already begun, with China outnumbering the US in the number of most-cited scientific papers on AI,” Adani said.
According to the 60-year-old business magnate, Chinese researchers will publish twice as many academic papers on AI in 2021 as their American counterparts. “This is a race that will quickly become as complex and entangled as the ongoing silicon chip war,” Adani Group’s chairman and founder added.
ChatGPT is quickly gaining popularity due to its advanced technology and straightforward design.
Similarly, Microsoft announced on Monday the third phase of its long-term partnership with OpenAI, a multiyear, multibillion-dollar investment to accelerate AI breakthroughs and ensure these benefits are widely shared.
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Top Tech News Today: A Rival AI Chatbot To OpenAI’s ChatGPT Will Be Unveiled By Baidu! White House Unveils Plan To Tackle Cryptocurrency Risks, Calls For Increased Enforcement
Baidu intends to introduce a chatbot AI service similar to OpenAI’s ChatGPT! Read more tech news
Good morning tech fam, here are some quick tech updates for you to catch on to!
What’s New Today: Elon Musk is Having Sleepless Nights from Working All Day to Oversee His Five Businesses.
Fast-Track Insights: Former PBOC Member Slams China’s Cryptocurrency Restriction and Expresses Concern that China May Miss Out on Financial Development Prospects.
According to an anonymous source familiar with the topic, Baidu, China’s largest search engine business, aims to launch an artificial intelligence (AI) chatbot service similar to OpenAI’s popular ChatGPT in March. The tool, whose name has yet to be determined, will first be integrated into Baidu’s primary search offerings. Users will also be able to access conversational search results, similar to OpenAI’s platform. The announcement of Baidu’s plans boosted shares by 5.8 percent, the greatest intraday gain in over four weeks. Baidu has recently invested billions of dollars in AI research as it seeks to migrate from online marketing to deeper technology. According to Bloomberg, the company’s Ernie system, a large-scale machine-learning model that has been trained on data over multiple years, will be used.
Elon Musk is having sleepless nights from working all day to oversee his five businesses. Elon Musk presently owns four firms in addition to Twitter: SpaceX, Tesla, The Boring Company, and Neuralink. Elon Musk, the billionaire, currently owns five companies and works tirelessly to run them. Musk admitted in a recent tweet that he works all day. “I work all day, then come home and playwork simulator,” Musk stated in a recent tweet. Musk presently owns four firms in addition to Twitter: SpaceX, Tesla, The Boring Company, and Neuralink. Regardless, Musk’s current focus is on Twitter, which is experiencing financial difficulties. Musk has repeatedly stated that he is working tirelessly to turn Twitter, or “Twitter 2.0,” into a successful business.
Google has unveiled “MusicLM,” a new AI system that can make high-fidelity music in any genre given a language description. However, the firm is concerned about the hazards and has no plans to release it anytime soon, according to TechCrunch. Google isn’t the first to experiment with generative AI for songs; others have included Riffusion, an AI that composes music by picturing it, Dance Diffusion, Google’s own AudioML, and OpenAI’s Jukebox. However, due to technical limitations and a lack of training data, none of them have been able to produce songs that are exceptionally intricate in composition or high in fidelity. According to the study, MusicLM may be the first to do so.
The White House has issued a roadmap requesting that authorities strengthen enforcement and regulatory measures in the crypto sector. The Biden Administration highlighted its plans to handle possible cryptocurrency hazards in an official blog, calling for authorities to “scale up enforcement where appropriate” and Congress to “step up its efforts” to regulate the industry. The piece begins by mentioning some big failures in the crypto sector that occurred last year, such as the implosion of Terra’s algorithmic stablecoin UST, which triggered a wave of insolvencies. It also mentioned the collapse of FTX, once the world’s third-largest cryptocurrency exchange, which resulted in billions of dollars in damages for consumers.
Former People’s Bank of China (PBoC) monetary policy member Huang Yiping has expressed concern about China missing out on financial development prospects as a result of the country’s ban on cryptocurrencies. In his opinion, prohibiting cryptocurrency-related activity was feasible in the short term. By outlawing cryptocurrency, people risk missing out on enormous potential opportunities. He admits that cryptocurrency has resulted in new digital technologies. Yiping reaffirmed his position on virtual currency adoption, claiming that they are still important to the traditional banking system. Despite the fact that citizens are permitted to hold digital assets, China’s relationship with cryptocurrency is icy.
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Artificial Intelligence And Cryptocurrency: The Rise Of AI-Focused Projects In 2023
Trends show that artificial intelligence (AI) will be a major topic in 2023, as data indicates a surge in interest. Since interest peaked and Microsoft invested billions into Chatgpt, demand for AI-focused cryptocurrency projects has risen dramatically. For example, the crypto project Fetch.ai has seen its native token FET rise 212% in the past 30 days, and another AI project, Singularitynet, has seen it’s token AGIX increase 293% against the U.S. dollar.
There’s Been a Surge in Interest in AI-Focused Cryptocurrency Projects
During the week of Jan. 22-28, 2023, the worldwide Google Trends score for the term “AI” was 94 out of 100. In the first week of Dec. 2022, the search term reached its highest Google Trends score of 100. It’s safe to say that the world has become increasingly focused on artificial intelligence (AI) since the release of AI-infused art platforms like Dall-E, Deep AI, Jasper Art, Starry AI, Nightcafe, and others. In the past two months, the Openai platform Chatgpt or GPT-3 has become a widely used AI phenomenon.
Google Trends shows the worldwide score for the search term “Chatgpt” was 100 during the week of Jan. 22-28, 2023, and it has been rising since the first week of Dec. 2022. Reports also show that Microsoft has entered the third phase of its long-term partnership with Openai through a “multi-year, multi-billion dollar investment,” said to be as much as $10 billion in funding. The growing trend in artificial intelligence (AI) and demand for the technology has spilled over to blockchain projects integrating AI into their protocols.
For instance, a crypto asset created by the project singularitynet.io has seen its native token AGIX rise 293% in the past month. Although singularitynet (AGIX) was down more than 6% on Jan. 29, 2023, it has increased 17.5% over the past two weeks. The project aims to support the next generation of decentralized AI. Another blockchain-powered AI project, Vectorspace AI (vspb.science), has a token called VXV that has risen 95.9% over the past month. The Fetch.ai project has experienced similar demand over the past four weeks.
Over the past 30 days, the Fetch.ai project’s FET token has risen 212% against the U.S. dollar. The Fetch.ai team says the project creates “autonomous agent technology” for peer-to-peer applications with automation and AI capabilities, with or without direct blockchain access.” Another AI-based blockchain project, Ocean Protocol, and its OCEAN token have risen 130% against the U.S. dollar in the past 30 days. Ocean Protocol, named a technology pioneer by the World Economic Forum, aims to unlock data at scale through encrypted data monetization.
It is uncertain how long the demand for AI-based crypto assets and the popularity of these tokens will last. All of the AI-related crypto assets are currently ranked below the top 75 in terms of market capitalization and have recently seen price surges due to increased interest in AI/Chatgpt.
Tags in this story
AGIX, ai, AI/Chatgpt, Artificial Intelligence, Blockchain, Chatgpt, cryptocurrency projects, Dall-E, Deep AI, encrypted data monetization, FET, Fetch.AI, Funding, Google trends, increased interest, Interest, Jasper Art, long-term partnership, Market Capitalization, Microsoft, multi-billion dollar investment, multi-year, Nightcafe, OCEAN, Ocean Protocol, openai, Protocols, Singularitynet, singularitynet.io, Starry AI, Surge, technology pioneer, U.S. dollar, Vectorspace AI, vspb.science, VXV, World Economic Forum, worldwide score
What do you think is driving the surge in demand for AI-focused cryptocurrency projects? Share your thoughts in the comments below.
Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.
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What Is Natural Processing Language, Applications, And Challenges?
Only a few years ago it was hard to believe the fact that machines will have control over humans. As Language plays a critical role in influencing the human mind and thanks to NLP, machines have learned the tricks of the trade. Natural language processing is apparently has become akin to a central processing unit as players big and small, those who want to include it in business communications to those who are in the arms race have rigorously adopted NLP technology. Also known as computational linguistics, it is a machine-learning technique to allow machines to think and talk like humans. It actually began as a machine translation mechanism to help in deciphering code during World War II. Though the technology couldn’t yield positive results, it paved the way for advanced technologies.
What is NLP
NLP as a branch of artificial intelligence is developed to help computers to understand human conversation and reciprocate the way a human can understand. NLP applications can achieve this as machine learning programs teach the system with unstructured data, which is a difficult task in itself. The tone of voice of humans, which keeps constantly changing according to popular trends, is rather impossible to mimic even after the considerable sets of training rounds. Understanding context, particularly new ones is a challenge for machine learning algorithms that are trained on a tranche of words and previous patterns the words are used. It requires semantic analysis for machine learning to get a grip on it. NLU, Natural Language Understanding is a sub-branch of NLP deals with these nuances through machine reading comprehension instead of simply understanding literal meanings of words and hence help machines understand and converse in a natural way.
NLP use cases and applications
Natural Language Processing is largely used in areas like categorizing content, extracting content, analyzing sentiment, summarizing documents, translating, deploying voice-driven interfaces, etc. If we look into the more functional applications NLP offers businesses, there is no dearth of it. From e-mail filtering to document analysis to delivering the smart functions of virtual assistants, NLP has taken over the routine of enterprises, in a good way. If one thing businesses, in particular, can be greatly thankful to NLP, it would be sentiment analysis. NLP makes a machine capable to overhear social conversations posted in the form of comments, likes, reviews, and purchases made to extract insights. And not to talk about the chatbot, they have become the face of client management system. Now that chatGPT, the mother of all chatbots, is in the market, one can say NLP has done to AI more than what was intended.
Challenges of NLP
For sure, NLP is a powerful tool with numerous benefits, but like any other technology, it comes with its own challenges. Nothing is as diverse as human language in terms of colloquialism, slang, satire, and ambiguity in the context of the way words are used. For this Data Scientists need to teach NLP tools to look beyond definitions, word orders in order to overcome the challenge of overcoming the ambiguities and complexities pertaining to human language.
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