China approves 40 AI models and explores AI chip market: 5 things you might have overlooked today
Satya Nadella is scheduled to visit India on February 7, 2024, as part of his annual visit. During his trip, he plans to delve into different AI prospects and will hold meetings with leaders in the Indian startup sector. Meanwhile, Chinese authorities have initiated the approval process for AI models, having already granted approval to 40 models. Stay informed about the latest developments in the field of AI.
- Satya Nadella will meet AI startups in India in February
Puneet Chandok, President of Microsoft India and South Asia, told in an internal email about Microsoft CEO Satya Nadella’s visit to India with the aim of exploring the possibilities of artificial intelligence in the country. The email said, “Artificial intelligence is playing a game-changing role in shaping the ‘Indian Techade’, making India and South Asia one of the most exciting technology markets,” according to the monetary watchdog’s report.
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2. China approves 40 AI models for public use to catch up with US AI development
In order to boost artificial intelligence development in China, the authorities have approved more than 40 artificial intelligence models for public use. It is the fourth batch approval that includes Xiaomi Corp, 4Paradigm, 01.AI and others. This move was made to meet the country’s growing demand for AI and to catch up with the United States in the AI development space, US News reported.
3. Learnable.ai Ningbo-based startup looking for funding
Learnable.ai is funding more than $70 million to reform China’s university exam system using artificial intelligence. The company is looking for AI applications to reform the “gaokao” unchanged system rating. The company’s chairman, Guan Wang, said: “Expert evaluations have found that the operating accuracy of AI models is actually higher than that of humans because students’ handwriting can be messy and difficult for teachers to detect.” According to a Bloomberg report.
4. The AI chip market for edge applications will grow by 2023, IDTechEx predicts
According to a new study, AI training algorithms are growing and it could lead to an increase in AI chips in edge applications between 2023 and 2034. “AI Chips for Edge Applications 2024-2034: Artificial Intelligence at the Edge” IDTechEx reports in a forecast. The use of artificial intelligence can also increase automation and interconnection, according to the press release
5. AI startup Sarvam AI says OpenAI’s GPT-4 may not work in India’s cost structure
Sarvam AI is an Indian AI startup that was recently recognized for developing AI models for speech recognition and translation at AI4 Bharat. Startup founder Vivek Raghavan said in an interview when asked about GPT capabilities, “Understanding the Indian context and secondly being able to operate within Indian cost structures are things that if you really want to be able to do it at scale, you can’t use GPT-4.” The Hindu told.
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