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Sandhya Gupta

I am a law graduate from NLU Lucknow. I have a flair for creative writing and hence in my free time work as a freelance content writer.

Startup Zededa Raises $72 Million to Advance AI-Powered Solutions

Startup Zededa Raises $72 Million to Advance AI-Powered Solutions

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In a testament to investor confidence in the burgeoning field of edge computing and artificial intelligence (AI), startup Zededa has secured a substantial $72 million in funding. The infusion of capital underscores the critical role that companies like Zededa play in facilitating the seamless operation of AI-driven technologies across various industries.

Startup Zededa Raises $72 Million to Advance AI-Powered Solutions

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Zededa specializes in edge computing, a paradigm that involves processing data as close to the source as possible, rather than relying solely on centralized data centers. This approach is particularly vital for AI applications, which entail massive data processing requirements. Based in San Jose, California, Zededa addresses the unique challenges posed by AI’s computing demands in distributed environments.

Claudio Fayad, Vice President for Technology at Emerson Automation Solutions, highlights the significance of data accessibility for AI. He emphasizes that processing data locally enhances efficiency, especially for tasks like predictive maintenance. Zededa’s solutions enable organizations to leverage AI effectively in diverse scenarios, such as managing solar panels in fields or optimizing operations on oil rigs.

Streamlining Edge Computing Orchestration

A key aspect of modern edge computing is orchestration, the process of ensuring seamless collaboration among remote devices. Zededa focuses on streamlining this orchestration process, empowering businesses to harness the collective processing capabilities of distributed edge networks efficiently. This optimization is crucial for unlocking the full potential of AI-driven analytics and decision-making at the edge.

Fayad observes a shift in preference towards AI over traditional analytics software, citing AI’s adaptability and ability to discern nuanced situations. With AI, organizations can gain deeper insights and more sophisticated recommendations, driving improved operational efficiency and informed decision-making.

Strategic Investment and Visionary Leadership

Leading the recent funding round is Smith Point Capital, a venture firm co-founded by Keith Block, former co-CEO of Salesforce Inc. This investment signals a strong vote of confidence in Zededa’s vision and capabilities. Notably, returning investors include Lux Capital, Chevron Technology Ventures, and Porsche Ventures, underscoring continued support for Zededa’s innovative edge computing solutions.

Also Read: Starship Technologies Raises $90 Million to Expand Delivery Robots

Founded in 2016 by Said Ouissal, a veteran of telecommunications giants Ericsson and Juniper Networks Inc., Zededa has steadily positioned itself as a key player in the evolving landscape of edge computing and AI. The company’s commitment to driving innovation and addressing the evolving needs of industries underscores its potential to shape the future of enterprise computing.

In conclusion, Zededa’s successful funding round reflects both the growing demand for edge computing solutions and investor confidence in the transformative potential of AI. As businesses increasingly rely on AI-driven insights to drive growth and efficiency, Zededa’s pioneering efforts in streamlining edge computing orchestration are poised to play a pivotal role in shaping the digital landscape of tomorrow.

AI Startup Sarvam Raises $41 Million to Tap India Growth

UK Strategic Plan to Spend £100 Million on AI Challenges

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As technology continues to evolve at an exponential rate, governments around the world are increasingly recognizing the importance of investing in the responsible development and regulation of artificial intelligence (AI). The United Kingdom, in particular, has announced plans to allocate over £100 million towards addressing the challenges posed by AI. This significant investment comes on the heels of recent developments within the European Union (EU), where member countries have reached an agreement on certain aspects of the AI Act.

Funding Research Hubs for Responsible AI Development

AI Startup Sarvam Raises $41 Million to Tap India Growth

Image Source: bloomberg.com

The UK government’s initiative includes the establishment of nine new research hubs across the country, with a focus on fostering the development of responsible AI. These hubs will serve as centers of expertise, spanning various disciplines such as healthcare, chemistry, and mathematics. By investing in these research hubs, the UK aims to bolster its capabilities in harnessing AI technology for the benefit of society while mitigating potential risks.

Part of the funding will also be allocated towards supporting regulators in adapting to the challenges posed by AI. Regulators will receive resources and tools to effectively monitor and address risks associated with the deployment of AI across different sectors, including telecommunications, healthcare, finance, and education. This proactive approach underscores the UK government’s commitment to staying ahead of the curve as AI continues to shape various industries.

Empowering Regulators and Promoting Innovation

While the UK has already made strides in AI regulation, there is a recognition of the need to further equip regulators for the age of AI. By providing them with the necessary skills and resources, regulators can respond swiftly to emerging risks while fostering an environment conducive to innovation and growth. This agile regulatory framework aims to strike a balance between ensuring safety and promoting technological advancement.

Michelle Donelan, MP, Secretary of State for Science, Innovation, and Technology, emphasized the transformative potential of AI in improving public services and driving economic growth. By embracing an agile, sector-specific approach to regulation, the UK is positioning itself as a global leader in reaping the benefits of AI safely and responsibly.

Also Read: How to Reset a PS4 Controller: Step-by-Step Guide

Collaborative Efforts and International Engagement

The UK’s commitment to addressing the challenges of AI extends beyond domestic initiatives. Collaborative efforts, such as hosting the world’s first major AI Safety Summit and endorsing the Bletchley Declaration, underscore the importance of international cooperation in regulating AI. Furthermore, recent developments within the EU, culminating in the agreement on the AI Act, highlight the global momentum towards establishing clear guidelines for the ethical and responsible use of AI.

In conclusion, the UK’s investment of over £100 million in tackling the challenges posed by AI reflects a proactive approach towards harnessing the potential of this transformative technology while safeguarding against potential risks. By fostering research, empowering regulators, and promoting international collaboration, the UK is poised to lead the way in shaping the future of AI for the benefit of society.

How to use Google Bard's new AI image generator?

A Step-by-Step Tutorial on Using Google Bard’s AI Image Generator

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Google Bard, renowned for its prowess as an AI chatbot, has recently been equipped with a powerful new feature: an AI image generator. Dubbed Imagen 2, this innovative tool operates akin to the Gemini AI large language model (LLM) that fuels Bard’s linguistic capabilities. The best part? It’s both free and readily accessible, allowing users to delve into creative exploration effortlessly.

Getting Started: Simple Steps to Dive In

To embark on your journey with Bard’s AI image generator, follow these straightforward steps:

  1. Access Google Bard: Begin by opening Google Bard, your gateway to a realm of creatvity.
  2. Sign In or Create a Google Account: Ensure you’re logged into your Google account, or sign up for one if you haven’t already.
  3. Craft Your Prompt: Enter a concise yet descriptive prompt to guide the image generation process. Emphasize your desire for Bard to create an image to refine the output further.

Remember, specificity is key when formulating prompts for AI. The more precise your instructions, the more tailored and accurate the generated images are likely to be.

Exploring the Possibilities: Unleash Your Imagination

How to use Google Bard's new AI image generator?

While the potential of Bard’s image generator is vast, it’s essential to temper expectations, especially in comparison to dedicated graphic design software. While experimentation can yield delightful results, professional designers may find limitations within the free tier.

Overcoming Restrictions: Navigating Geographic Constraints

A notable caveat of Bard’s AI image generator is its limited availability, primarily restricted to the United States. However, a simple workaround exists in the form of a Virtual Private Network (VPN). By utilizing a VPN, users can mask their IP address and simulate their location, granting access to geo-restricted features such as Bard’s image generator.

Also Read: Apple CEO Tim Cook Reveals AI Enhancements for 2024 iPhones

Thankfully, employing a VPN is both legal and straightforward. By selecting a server located in the US, users can seamlessly access Bard’s image generation capabilities from anywhere in the world. Tested and proven effective, this method ensures that geographic barriers do not hinder creative exploration.

In conclusion, Google Bard’s integration of an AI image generator heralds a new era of creative expression. With its intuitive interface and expansive capabilities, it empowers users to transform their ideas into visual masterpieces. By following the outlined steps and leveraging available tools like VPNs, individuals can unlock the full potential of Bard’s innovative feature set, transcending geographical limitations to unleash their creativity on a global scale.

How to Pair an Xbox Controller with Your Xbox

How to Pair an Xbox Controller with Your Xbox

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How to Pair an Xbox Controller with Your Xbox

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Connecting your Xbox controller to your Xbox console is a straightforward process that allows you to seamlessly dive into your favorite games with precision control. Whether you’re setting up a new controller or reconnecting an existing one, follow these simple steps to ensure a hassle-free gaming experience.

Wired Connection:

1. Gather Your Equipment: Ensure you have your Xbox controller and a micro-USB cable ready. The micro-USB cable is typically included with the Xbox controller or can be purchased separately.

2. Locate the USB Port: On your Xbox console, locate the USB port. Depending on the model of your Xbox, the USB port may be located on the front, back, or side of the console.

3. Connect the Controller: Plug one end of the micro-USB cable into the controller and the other end into the USB port on your Xbox console.

4. Power On Your Xbox: Press the Xbox button on your controller to power on the console. Your Xbox should recognize the controller automatically, and you’re ready to start gaming.

Wireless Connection:

1. Prepare Your Controller: If you haven’t already done so, insert batteries into your Xbox controller. Alternatively, you can use a rechargeable battery pack.

2. Turn on Your Xbox: Press the power button on your Xbox console to turn it on.

3. Activate Pairing Mode: Press and hold the Xbox button on your controller until the Xbox button begins to flash rapidly. This indicates that the controller is in pairing mode.

4. Sync with Xbox: On your Xbox console, press the pairing button. The location of the pairing button varies depending on the model of your Xbox. Refer to your Xbox’s user manual for specific instructions.

5. Wait for Connection: Allow a few moments for the controller and console to sync. Once synced, the Xbox button on the controller will remain lit, indicating a successful connection.

6. Test the Connection: Press buttons on the controller to ensure it’s responding correctly. You’re now ready to enjoy wireless gaming on your Xbox.

Additional Tips:

Firmware Updates: Occasionally, Microsoft releases firmware updates for Xbox controllers to improve performance and add features. Keep your controller up-to-date by connecting it to your Xbox console or PC and following the on-screen prompts to install any available updates.

Troubleshooting: If you encounter any issues during the connection process, such as the controller not syncing or responding properly, try restarting your Xbox console and repeating the steps. If problems persist, consult the Xbox support website or contact customer service for assistance.

Also Read: How to Protect Yourself From AI Voice Cloning Scams

By following these simple steps, you can easily connect your Xbox controller to your Xbox console, whether you prefer a wired or wireless connection. Now, immerse yourself in the world of gaming and enjoy countless hours of entertainment.

How to Protect Yourself From AI Voice Cloning Scams

How to Protect Yourself From AI Voice Cloning Scams

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As AI technology advances, so do the capabilities of scammers seeking to exploit it for fraudulent purposes. From political manipulation to personal financial scams, AI voice cloning poses a significant threat to individuals and society as a whole. Here are some essential strategies to defend yourself against these increasingly sophisticated schemes:

Fact-Check and Verify

How to Protect Yourself From AI Voice Cloning Scams

Image Source: elearningindustry.com

One of the most effective ways to protect yourself from AI voice scams is to fact-check and verify any suspicious communications. Whether it’s a robocall impersonating a public figure or a supposed family member asking for money, take the time to confirm the authenticity of the message. Utilize trusted sources and conduct online research to cross-reference information and identify potential scams.

End the Call

If you receive a call from an unknown number or encounter a suspicious situation, trust your instincts and end the communication. Avoid engaging with the caller and refrain from providing any personal or financial information. Instead, reach out to the purported individual or organization using verified contact information to confirm the legitimacy of the request. By terminating the call promptly, you can mitigate the risk of inadvertently providing scammers with valuable voice data.

Stay Vigilant

Remain vigilant and aware of the evolving tactics employed by scammers utilizing AI voice cloning technology. Stay informed about recent scams and consumer alerts issued by regulatory agencies and law enforcement authorities. Educate yourself and your loved ones about the potential dangers of AI voice scams and encourage them to adopt cautious communication practices.

Report Suspicious Activity

If you encounter a suspected AI voice cloning scam or believe you have been targeted by fraudulent activity, report it to the appropriate authorities immediately. Contact your local law enforcement agency, as well as relevant consumer protection agencies such as the Federal Trade Commission (FTC). By reporting incidents of scamming, you can contribute to ongoing efforts to combat cybercrime and protect others from falling victim to similar schemes.

Utilize Security Measures

Consider implementing additional security measures to safeguard against AI voice cloning scams. Explore options such as call-blocking apps, spam filters, and two-factor authentication for sensitive accounts. Be proactive in updating your security settings and software to stay ahead of emerging threats and vulnerabilities.

Also Read: India’s Crackdown on Paytm Bank After Years of Warnings

Educate Others

Share your knowledge and experiences regarding AI voice cloning scams with friends, family, and colleagues. Encourage open dialogue about cybersecurity awareness and the importance of exercising caution when interacting with unfamiliar callers or messages. By collectively raising awareness and promoting responsible communication practices, we can collectively defend against the proliferation of AI voice cloning scams.

In conclusion, defending yourself against AI voice cloning scams requires a combination of vigilance, verification, and proactive measures. By staying informed, remaining cautious, and taking decisive action when necessary, you can protect yourself and others from falling victim to these deceptive tactics.

India's Crackdown on Paytm Bank After Years of Warnings

India’s Crackdown on Paytm Bank After Years of Warnings

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India’s banking regulator, the Reserve Bank of India (RBI), sent shockwaves through the finance and tech industries with its sudden suspension of much of digital giant Paytm’s business late Wednesday. This move, however, wasn’t entirely unexpected, as the RBI had been cautioning Paytm about concerning interactions between its popular payments app and its lesser-known banking arm for the past two years.

The Regulatory Concerns

India's Crackdown on Paytm Bank After Years of Warnings

Image Source: gulfnews.com

A technical audit conducted by the RBI revealed troubling money and data traffic flows between Paytm Payments Bank Ltd. and the broader Paytm ecosystem. These flows not only raised accounting issues but also posed challenges for regulatory oversight. Despite repeated warnings from the regulator, these issues remained unresolved, leading to the drastic action taken.

Management Overlap and Conflict of Interest

Another area of concern highlighted by the RBI was the significant overlap in management between the bank and the larger fintech company. The presence of the same top executives and decision-makers across both entities raised red flags regarding potential conflicts of interest, further exacerbating regulatory worries.

The RBI’s Directive

The RBI’s directive ordered Paytm Payments Bank to cease its popular mobile wallet business and other activities, citing persistent non-compliance and supervisory concerns. This directive, effective from February 29, is a significant blow to Paytm, as it directly impacts a substantial portion of its operational earnings.

The market reacted swiftly to the news, with Paytm’s shares plunging 20% in Mumbai trading, marking the sharpest decline since its stock-market debut. Analysts anticipate severe revenue and profitability implications for Paytm in the medium to long term, potentially hampering its ability to retain customers and offer payment and loan products.

Also Read: Why Instagram’s Last Active is Not Showing and How to Enable it?

In response to the RBI’s order, Paytm stated its commitment to comply with the directive and expressed willingness to work with the regulator to address concerns promptly. However, the company also indicated its intention to disassociate from Paytm Payments Bank and explore partnerships with other banks for its financial and payment services.

The freezing of Paytm’s banking activities by the RBI underscores the growing regulatory scrutiny facing fintech companies in India. For Paytm, this development represents a significant setback in its quest for profitability and investor confidence. As the company navigates these challenges, its ability to adapt and regain regulatory trust will be crucial for its long-term sustainability in the Indian market.