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Showing posts with the label ArtificialIntelligence

How AI technology could be

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[ad_1] While many more people across the country are seeing the impact of wildfires and smoke , scientists are turning to the promise of big data, technology and collaboration to keep big fires from spreading.    "If you manage to stop this in the first couple of hours it's a lot easier to stop," said Dr. Ilkay Altintas, the founder and director of the WIFIRE Lab at University of California San Diego.  Pinpointing a fire quickly improves the chances of containing a blaze. Altintas and her team have developed a platform called Firemap designed to reduce the response time for attacking a wildfire.   The platform analyzes data in new ways, starting with the collection of 911 call data where callers often provide a very general idea about the location of a fire.   To enhance that accuracy, the platform relies on a system of mountaintop cameras called ALERTWildfire, built by the Scripps Institute of Oceanography, the Univer

Filing Income Tax Return? Here's Why You Should Be More Careful This Time As I-T Department Goes High-Tech

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[ad_1] July 31 is the last date for filing the Income Tax returns without any penalty for AY 2023-24. By July 11, over 2 crore ITRs were filed for AY 2023-24 as compared to 2 crore ITRs filed till the 20th of July last year. This means, more taxpayers have filed returns before time this year. India has around 6 crore taxpayers. Sharing the taxpayer's latest data, the Income Tax department said that taxpayers have helped it reach the 2 crore milestone 9 days early this year, compared to the corresponding period in the preceding year. The Income Tax Department advised people to file their ITR for AY 2023-24 at the earliest to avoid last minute spurt. With the advancement of technology, the Income Tax Department has also gone high-tech and is using Artificial Intelligence to track and match data even from sources you cannot imagine.  Use Of AI In ITR Scrutiny Starting this year, the income tax department will conduct the strictest scrutiny of tax returns. To facilitate this

Elon Musk launches new AI company, called xAI, with Google and OpenAI researchers

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[ad_1] Billionaire Elon Musk on Wednesday announced that he has formed a new artificial intelligence company called xAI, which has hired researchers from Google, OpenAI and other top technology firms. The goal, Musk tweeted, is "to understand reality." xAI is a separate entity from Musk's other businesses, such as Tesla and Twitter, but will work closely with them, according to the new company's  website . Announcing formation of @xAI to understand reality — Elon Musk (@elonmusk) July 12, 2023 Musk isn't a novice to AI given that Tesla uses the technology in its vehicles. While xAI didn't disclose what projects it will be working on, the company noted that its team of 11 researchers are drawn from top tech companies such as Microsoft Research, DeepMind, OpenAI and Google.  Musk hinted that the reason he picked July 12, 2023, to announce the debut of xAI is related to a science fiction classic, Dougla

Wipro To Invest $1 Billion In Artificial Intelligence

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[ad_1] Bengaluru: IT services provider Wipro Ltd said on Wednesday it planned to invest $1 billion into artificial intelligence (AI) over the next three years. The investments will focus on the expansion of AI, big data, and analytics solutions, as well as developing new research and development and platforms, it said in an exchange filing. (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.) [ad_2] Source link https://worldnews2023.com/top-stories/wipro-to-invest-1-billion-in-artificial-intelligence/?feed_id=30583&_unique_id=64ae4f97284f6

US Stocks Close Marginally Higher in Muted Trading Ahead of July Fourth Holiday - News18

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[ad_1] Last Updated: July 04, 2023, 00:54 IST New York, United States of America (USA) The tech-rich Nasdaq Composite Index was the outlier for the day, edging up 0.2 percent to finish at 13,816.77. The lackluster start to trading in the second half of the year followed a bumper first half buoyed by investor enthusiasm for companies involved in generative AI US stocks closed marginally higher after a muted half-day of trading ahead of the July fourth Independence Day holiday. The lackluster start to trading in the second half of the year followed a bumper first half buoyed by investor enthusiasm for companies involved in generative artificial intelligence, from chipmakers to software firms. “Whenever you have a half day, you shouldn’t expect much activity in either direction — and that’s exactly what we got today," Art Hogan from B. Riley Wealth Management told AFP. “I think we’ll get back in the game on Wednesday," he added. The Dow Jones Industrial Average finished alm