Cabinet approves India’s Rs. 10000 cr AI mission, Stability AI introduces TripoS: 5 key updates on AI you might have overlooked today
The Cabinet has approved a Rs. 10000 crore India AI mission to enhance computing capacity. Stability AI introduces TripoSR, a groundbreaking AI tool that can generate 3D models quickly. A report raises concerns about AI’s impact on climate, citing energy consumption and spread of misinformation. The AI industry is supporting nuclear power to meet its energy needs. Stay updated with our daily roundup for more news.
1. Cabinet green lights Rs. 10000 credits India’s AI mission to increase computing capacity
The Union Government approved India’s AI Mission and allocated Rs. 10372 crore for five years. The aim of the initiative is to support private companies for AI computing capacity, finance AI startups and create a framework for non-personal information. The government plans to install 10,000 GPUs and develop models for priority sectors. Implementation involves a public-private partnership with 50% viability gap funding, with a priority budget of Rs. 4564 billion computing infrastructure, according to an Indian Express report.
2. Stability AI Introduces TripoSR: A Revolutionary AI Tool Creates 3D Models in Seconds
Stability AI introduces TripoSR, an innovative AI tool that creates 3D models from single images in less than a second. Developed with Tripo AI, it serves entertainment, gaming, design and architecture professionals by providing fast and easy-to-use results. TripoSR outperforms native-quality 3D results on an Nvidia A100 GPU in just 0.5 seconds, indicating versatility for users with low inference budgets and technical improvements to improve performance, according to a report by Indian Express.
3. The role of artificial intelligence in the climate questioned: The report warns of energy peaks and false information
The advertised role of artificial intelligence in combating climate change may backfire, warns the union of environmental groups. Contrary to claims of reducing emissions, the report warns that AI could increase data center energy consumption and increase climate distortion. While tech giants like Google defend AI’s potential to reduce global emissions, the Climate Action against Disinformation coalition calls for skepticism and highlights AI’s potential negative impact on the climate crisis, The Guardian reports.
4. Artificial intelligence Industry supports nuclear power in order to maintain its desire for energy
Tech giants and billionaires are investing in nuclear energy to support the voracious energy needs of artificial intelligence. Although AI is advancing rapidly, nuclear power projects face regulatory hurdles, leading to concerns about their ability to combat AI-induced emissions. The growth of the artificial intelligence industry may soon exceed the annual energy consumption of small countries. According to a report by NBC News, startups like Oklo, backed by figures like Sam Altman of OpenAI, are working to balance AI with power-hungry core solutions.
5. The Ministry of Justice strengthens its position on the implementation of artificial intelligence, warns of tougher penalties for misuse
The Ministry of Justice is focusing more on AI enforcement and is warning of tougher sentences for intentional misconduct in white-collar crimes, such as price fixing. Deputy Minister of Justice Lisa Monaco emphasizes the consideration of artificial intelligence risk management in company compliance assessments. The use of artificial intelligence by foreign or domestic entities raises concerns. The move follows charges against a former Google engineer accused of stealing AI trade secrets from companies operating in China. According to a report published by the AP via ABC News, Monaco highlights the dual potential of artificial intelligence to enhance and compromise criminal activity.
