5 Exciting AI Developments You May Have Missed Today: UIDAI Unveils Aadhaar Innovations, Tencent Rolls Out AI Chatbot and More
Today’s AI roundup brings you some exciting developments in the world of artificial intelligence. Let’s dive in!
1. Morgan Stanley to launch AI chatbot
Morgan Stanley, a leading financial services company, is partnering with OpenAI to develop an AI chatbot. This chatbot, powered by generative AI technology, aims to assist wealthy clients by providing a summary of conversations, drafting follow-up emails, and helping with various tasks.
2. Google Cloud to train government officials in cybersecurity AI
Google Cloud has joined forces with CERT-In, the Indian Computer Emergency Response Team, to conduct cybersecurity AI hackathons and train 1000 government officials. This initiative aims to equip them with cybersecurity skills and leverage the power of generative AI to stay ahead in an ever-evolving digital landscape.
3. AI-powered Aadhaar innovations unveiled at Global Fintech Festival
The Unique Identification Authority of India (UIDAI) showcased AI-powered Aadhaar innovations at the Global Fintech Festival 2023 in Mumbai. These innovations include an improved Face Authentication feature developed using AI and ML technologies. UIDAI also announced plans to establish an Innovation Lab at the UIDAI Tech Center.
4. Tencent introduces Hunyuan AI model
Tencent Holdings, a leading Chinese technology company, launched its latest large language AI model called Hunyuan. This AI model, with over 2 trillion tokens and 100 billion parameters, serves as the foundation for more than 50 of Tencent’s products and services. It has the capability to converse in both Chinese and English and is touted to outperform OpenAI’s ChatGPT in several areas.
5. AI’s rapid growth in the cybersecurity industry
The use of AI in the cybersecurity industry is set to experience exponential growth. A report by Allied Market Research predicts that the AI in cybersecurity market, which generated $19.2 billion in 2022, will reach a staggering $154.8 billion by 2032. With a projected CAGR of 23.6% during 2023-2032, AI is becoming increasingly important in protecting against cyber threats.
Today’s AI roundup showcased various AI advancements in different sectors, ranging from finance and cybersecurity to government services and identity verification. Keep an eye out for more exciting discoveries in the world of AI!
