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Author: Febin Mathew

Febin Mathew, Co-Founder & Editor at ReturnByte, reports on modern technology advanced including AI & Robotics. He has been helping people figure out their tech to make informed choices. Being a creative expressionist, he loves capturing aesthetic visuals that build narratives. For leisure, he loves gaming, riding motorcycles and hiking. Follow him @febinmathew7 on Instagram
Over a third of European businesses embraced AI in 2023, powered by a surge in generative AI use. AI 

More than one-third of European businesses now employ AI to achieve their objectives.

Febin Mathew,

More than a third of European companies will adopt artificial intelligence in 2023 as the use of generative artificial intelligence increases, a report commissioned by Amazon Web Services found. In 2021, the EU’s executive authority, the European Commission, presented its vision for the year 2030. The Digital Decade will change the region so that 80 percent of the population acquires basic digital skills, 5G connections are everywhere, and 75 percent of EU companies use cloud services. However, in 2022, only a quarter of EU companies had adopted AI, and last…

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Paytm FASTag users are worried about their service support after February 29, 2024 and we give you all the details. News 

What are the details about Paytm FASTag’s functionality after February 29?

Febin Mathew

Paytm parent One97 Communications received a major jolt from the Reserve Bank of India (RBI) on Wednesday, ordering Paytm Payments Bank to shut down key payment services by the end of February due to “ongoing non-compliance issues”. Although the Paytm app and Paytm Payments Bank are two different entities, an app like FASTag also shares common aspects. Millions of people in India use the Paytm app, and understandably, news of a major impact on the service has caused concern. Big Questions – Will FASTags imported from Paytm continue to work?…

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Asteroid 2003 BM4 belongs to the Apollo group of Near-Earth Asteroids, according to NASA. (Pixabay) Space 

NASA reveals that a 120-foot asteroid will pass by Earth today; Find out its proximity.

Febin Mathew,

Last month, Earth experienced frequent visits from asteroids, and it seems that February will follow suit. NASA, utilizing its advanced telescopes like NEOWISE, Pans-STARRS1, and Catalina Sky Survey, has identified two asteroids that will pass by Earth today, February 1. Remarkably, one of these asteroids is nearly the size of an aircraft. Stay informed about this close encounter with the asteroid happening today. Asteroid 2003 BM4: Details The asteroid, named Asteroid 2003 BM4 by NASA’s Center for Near-Earth Object Studies (CNEOS), is hurtling toward Earth in an orbit at 39,102…

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Research shows that while teens face risks on social media, they also find peer support, particularly through direct messaging. (Pexels) News 

AI could assist in striking the right balance between protection and privacy for teenagers on social media.

Febin Mathew

On January 9, 2024, Meta revealed its plan to safeguard teenage users by implementing restrictions on Instagram and Facebook. The company aims to prevent them from accessing potentially harmful content, such as material associated with suicide and eating disorders. This decision follows mounting pressure from federal and state authorities, urging social media platforms to prioritize the safety of teenagers. At the same time, teenagers use social media to seek support from their peers, which they cannot get elsewhere. Efforts to protect teenagers can also inadvertently make it harder to get…

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Budget 2024 expectations in AI: Discover the anticipated priorities in India's Budget 2024 for AI, including upskilling, diverse implementation, ethical regulations and more. (PTI) AI 

Anticipated AI Budget for 2024

Febin Mathew

The upcoming Interim Budget 2024, scheduled to be revealed by Finance Minister Nirmala Sitharaman today at 11 am, is anticipated to include various measures concerning artificial intelligence (AI) and other emerging technologies. With the nation preparing for the 2024 budget, the technology industry is filled with anticipation. Prominent figures in the AI, semiconductors, and edtech sectors have expressed their hopes and suggestions for the government’s fiscal strategies. NITI Aayog has advocated a forward-looking strategy and proposed the establishment of Centers of Excellence (CoE) to strengthen AI development and promote application-based…

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As more companies venture out with their AI features, it is inevitable that people will be forced to pay for these services in the near future AI 

In the next year or two, phone brands may start charging users for advanced AI features.

Febin Mathew,

AI apps and features are getting all the attention, and brands are trying to make them appeal to consumers. And this is also the case in the smartphone industry, where Google and Samsung are already introducing AI-centric features thanks to the development of major language models. But it must be said that all AI features are coming to premium devices like Pixel 8/8 Pro and Galaxy S24. So most of you expect companies to offer these features for free, especially when you think owning a device is high enough. But…

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Meta, X, TikTok and other social media CEOs testify on Wednesday on social media's effect on young minds. (AP) News 

CEOs of Meta, X, TikTok, and other social media platforms face intense Senate hearing on child exploitation

Febin Mathew

Children’s advocates and lawmakers argue that companies are failing to adequately safeguard young people from a range of issues on social media, including sexual predators, addictive features, suicide and eating disorders, unrealistic beauty standards, and bullying. On Wednesday, the CEOs of Meta, TikTok, X and other social media companies went before the Senate Judiciary Committee to testify as lawmakers and parents grow increasingly concerned about the impact of social media on young people’s lives. We are on WhatsApp channels. Click to join. The hearing began with recorded testimonies from children…

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AI roundup: Catch all the AI news of January 31, 2024. (REUTERS) AI 

Volkswagen enters AI competition, India to benefit from global AI shift, and more: 5 AI updates you might have overlooked today

Febin Mathew

Volkswagen, a major global car company, has established an AI lab to construct innovative digital prototypes for its products and features, joining the trend of companies worldwide developing their AI tools and services. Microsoft CEO Satya Nadella is scheduled to visit India, with Microsoft India and South Asia President Puneet Chandok stating that the country will reap the greatest advantages from the global shift towards AI. Stay informed about the latest developments in the field of AI. Volkswagen joins AI race with new lab; now looking for partners Volkswagen has…

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ChatGPT leaked private conversations during a search for an unrelated query. AI 

Find out what happened when private conversations and login credentials were exposed in the ChatGPT leak

Febin Mathew,

Following the emergence of ChatGPT, discussions have sparked worldwide regarding the advantages and challenges presented by artificial intelligence (AI) technology. Privacy and security have become major areas of concern, leading nations to demand protective measures against AI to safeguard their citizens. Despite these efforts, threat actors have managed to bypass these safeguards. In a recent occurrence, ChatGPT unintentionally disclosed numerous private conversations during an unrelated chat. Let’s delve into the details of the incident. ChatGPT leak According to a report by ArsTechnica, one of their readers posted screenshots of seeing…

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Know what’s happening in the AI universe today, January 30. (Pixabay) AI 

AI’s latest achievements: Singers’ voices replicated, IIT Madras to establish AI school, and other noteworthy updates.

Febin Mathew

Today, January 30, witnessed significant advancements in the realm of artificial intelligence (AI). IIT Madras disclosed that it has been granted Rs. 100 Cr. to establish the Wadhwani School of Data Science and Artificial Intelligence. Additionally, AR Rahman unveiled the utilization of AI in recreating the voices of two deceased singers for a song in the forthcoming movie Lal Salaam. All this and more in today’s AI review. 1. Artificial intelligence recreated voices of late singers: AR Rahman Music composer and producer AR Rahman shared a post by Sony Music…

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The Biden administration also is looking at congressional legislation and working with other countries and the European Union on rules for managing AI technology. (Bloomberg) AI 

US government to require AI companies to disclose safety test results

Febin Mathew,

The government will now mandate that developers of significant artificial intelligence systems must disclose their safety test results to the Biden administration as part of their implementation process. The White House’s artificial intelligence council is scheduled to meet Monday to review progress made on an executive order President Joe Biden signed three months ago to manage the rapidly evolving technology. Chief among the 90-day goals of the order was an authorization under the Defense Production Act that requires AI companies to share vital information with the Commerce Department, including security…

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Shortwave is getting a bunch of new AI features. Check them out. (Shortwave) AI 

Expanded features now available for Shortwave email AI! Enjoy Instant Summaries, AI Autocomplete, and more.

Febin Mathew

AI apps such as ChatGPT, Google Bard, and Midjourney have become prevalent in various online tasks. Not only are these technologies used to develop new applications, but they are also being integrated into established platforms like Adobe, Meta, Alphabet, and Microsoft. The objective is to simplify user experiences, enhance productivity, and minimize manual labor. Shortwave, an app designed to boost email productivity, was introduced last year by ex-Google employees. Now, this AI assistant for emails is receiving a range of new AI capabilities. For more information, refer to the complete…

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Know all about data breach accusations by Italy against OpenAI's ChatGPT. (AFP) AI 

Here are 5 key points to understand about Italy accusing OpenAI’s ChatGPT of violating data protection regulations.

Febin Mathew

The European Union has maintained a rigorous stance on data protection regulations, closely monitoring different platforms, including AI tools, and their operations and extent. In Italy, the Garante, the department responsible for assessing adherence to data privacy regulations by AI platforms, has alleged that OpenAI’s ChatGPT has violated these rules, potentially leading to severe penalties or even a prohibition on the use of this AI tool. Here are five key points regarding the statements made by Italian authorities. What are the Italian authorities accusing ChatGPT of? An Italian watchdog called…

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The generative AI market is expected to grow by a massive 65 percent in the next two years, as a recent report has hinted. AI 

Report predicts that the generative AI industry will reach a value of $100 billion by 2026.

Febin Mathew,

Generative artificial intelligence (genAI) is expected to grow into a $100 billion industry by 2026, a new report said Monday. According to data presented by AltIndex.com, the genAI market will grow by a whopping 65 percent in the next two years. “The launch of OpenAI’s ChatGPT marked a turning point for the global AI industry. Chatbot, which became the fastest growing app in history with 100 million users in just two months, turned AI into one of the biggest stories of 2023,” the report states. “While ChatGPT was the most…

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Know all about the collaboration between Common Sense Media and OpenAI. (Pexels) AI 

Collaboration between Common Sense Media and OpenAI promotes responsible usage of ChatGPT among teenagers and beyond

Febin Mathew

As the utilization of artificial intelligence (AI) technologies continues to grow, it becomes crucial for parents and educators to foster and promote responsible AI usage. This is of utmost significance as the prevalence of AI is projected to surpass that of the internet in multiple aspects. Consequently, in order to mitigate potential risks associated with this technology and promote a healthy approach among teenagers and families, Common Sense Media and OpenAI have joined forces to delve into the extensive possibilities of AI for teenagers, parents, and educators. Gain insight into…

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AI roundup: Check the latest happening in AI, January 29. (Pexels) AI 

China approves 40 AI models and explores AI chip market: 5 things you might have overlooked today

Febin Mathew

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…

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The video streaming platform has been vocals about its business moves but Gen AI is surely becoming a concern. AI 

Netflix Expresses Concern Over Demand for Gen AI Tools and Its Competitive Edge

Febin Mathew,

Netflix has sounded a threat to generative artificial intelligence, as such technologies could adversely affect its operations and ability to compete effectively with other companies. In its annual report to the US Securities and Exchange Commission (SEC), the streaming giant said new technological developments, including the development and use of generative artificial intelligence, are developing rapidly. “If our competitors gain an advantage by using such technologies, our ability to compete effectively and our results of operations could be adversely affected,” the company said. Netflix further said that the use or…

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Experts predict rapid progress in artificial intelligence and connected systems, leading to a more computer-driven world. (AP) AI 

Forecast predicts top 3 tech risks by 2040: AI competition, covert cyber attacks, and alarming consequences

Febin Mathew

The technology and scope of computer systems are undergoing astonishingly swift transformations. Notably, there are remarkable advancements in artificial intelligence, the vast network of interconnected devices known as the “Internet of Things,” and wireless connectivity. Regrettably, alongside these enhancements, there are potential risks that accompany the benefits. In order to ensure a secure future, it is crucial to foresee potential developments in computing and tackle them proactively. Consequently, experts’ insights on future occurrences and preventive measures become imperative. To answer this question, our research team from the Universities of Lancaster…

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One of the key upgrades for ISRO's space missions is in the LVM3 (Launch Vehicle Mark-3), its heavy-lift launch vehicle. (ISRO) Space 

ISRO’s ambitious goal to transform space missions through advanced launch vehicles

Febin Mathew

The Indian Space Research Organisation (ISRO), renowned for its economical and dependable space missions, is on the verge of a major advancement with its forthcoming advanced launch vehicles. These advancements hold the potential to increase payload capacities and incorporate reusability, ushering in a fresh era of space exploration and satellite deployment. Before delving into the technical advancements of these launch vehicles, it is important to understand what happens during a satellite launch. The process begins with a rocket that consists of various components such as the payload (satellite), propulsion modules…

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Know what’s happening in the AI universe today, January 27. (AFP) AI 

AI-enhanced resumes, ByteDance introduces StreamVoice, and other AI developments you might have overlooked today.

Febin Mathew

Let’s take a look at today’s daily roundup, where hiring managers are increasingly favoring AI-enhanced resumes as they embrace technology trends. ByteDance has unveiled StreamVoice, an AI voice transformation technology that raises concerns about fraud. According to a Netcore Cloud report, 7 out of 10 CEOs are planning to invest in generative AI. Additionally, the Nasscom foundation has launched its fourth cohort at Hexart AI, aiming to skill students in emerging technologies. 1. AI-enhanced resumes gain popularity as hiring managers embrace tech trends According to research from Canva and Sago,…

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