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An Odisha-based private news channel Odisha TV launched an AI-generated news anchor named 'Lisa'. An artificial woman clad in Odisha's handloom saree will present news both in Odia and English for OTV Network's television and digital platforms, a company release said.

As per the company's statement, OTV is gifting Odia television journalism its first #ArtificialIntelligence (AI) news anchor, Lisa, it said.

https://www.livemint.com/news/india/odisha-gets-1st-ai-generated-news-anchor-lisa-watch-11688969170338.html
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Industry experts predict that #artificialintelligence and operational machine learning will have a transformative effect on communication sectors such as advertising, public relations, and content creation.

Read here: https://www.livemint.com/ai/ai-and-machine-learning-set-to-drive-indias-8-billion-digital-advertising-industry-say-experts-11691378452164.html
Google CEO #SundarPichai has said that #artificialintelligence technology will be the biggest technological shift in our lifetimes and might even turn out to be bigger than the internet itself.

Pichai has written a 2,400-word memo ahead of the 25-year anniversary of the search giant.

Read here: https://www.livemint.com/ai/artificial-intelligence/google-ceo-sundar-pichai-claims-ai-will-be-the-biggest-technological-shift-says-bigger-than-internet-11694053190344.html
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Software giant #Adobe has acquired Bengaluru-based AI startup ‘Rephrase.ai’, an #artificialintelligence-driven video creation platform.

The information was shared by Rephrase.ai's cofounder Shivam Mangla on his official X handle.

Read here: https://www.read.ht/RKzB
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IT major #Infosys announced that the company has terminated its $1.5 billion agreement with an undisclosed global company, focused on #artificialintelligence (AI) solutions, signed in September.

Read here: https://www.read.ht/R3dE
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An analysis by the IMF has found that close to 40% of jobs worldwide will be affected by #artificialintelligence, with advanced economies facing more exposure than emerging markets and low-income countries, as per a report.

Read here: https://www.read.ht/RgVA
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Here's a compilation of interesting numbers that matter!

Read the #NewsInNumbers on Mint app every weekday: https://mintiphone.page.link/Hy8V

#TechMahindra #ArtificialIntelligence #Jobs #AI #FarmersProtest2024 #Pakistan #PocketFM #CrudeOil #Russia #India
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During its annual I/O developer event held in Mountain View, California, #Google's parent company #Alphabet disclosed its latest strides in leveraging #artificialintelligence technology across its various ventures.

Read here: https://www.read.ht/Saym
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All About AI EP 8 | Salesforce Global Engineering Head on what's next with AI 💻

Watch Episode 8 where Abhishek Singh, Deputy Editor, Mint is joined by industry veterans Srinivas Tallapragada, President & Chief Engineering Officer, Salesforce and Sanket Atal, SVP & MD - Operations & Technology at Salesforce India.

Watch the full video 🎦 🔽
https://www.youtube.com/watch?v=fzIDXcTjy7A
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Why Is The World Bank Worried About This Impending Job Crisis | 800 Mn To Be Impacted Globally!

Ajay Banga, President, The World Bank Group highlighted a huge gap in jobs for the 1.2 Billion People who will reach working age in developing ‌countries in the next 10 to 15 years. He highlighted a stark imbalance: Current projections suggest only 400 Million Jobs will be created & 800 Million Job deficit will create huge social unrest.

WATCH: https://www.youtube.com/watch?v=1QBIgc8mI24
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Hiring practices are undergoing a major shift as artificial intelligence begins to reduce the importance of traditional resumes in recruitment decisions. Experts like Kamal Karanth say AI-generated CVs are making applications look increasingly similar, limiting their effectiveness as a standalone evaluation tool.

Watch full report 📹
https://www.youtube.com/watch?v=d6TjBn4a7K4
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Amazon, Google, Microsoft, Meta and Oracle are reporting strong profits even as free cashflows decline amid a surge in AI-led capital expenditure. According to recent data, these firms are collectively expected to spend around $800 billion on data centres and computing infrastructure to support artificial intelligence growth.

Watch!
https://www.youtube.com/watch?v=oU9t0G59mE0
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People looking at the stock market from a hyper nationalistic standpoint will blame geopolitics. Some may blame high valuations. Many would argue that global investors are simply chasing the AI boom elsewhere. The real reason FIIs are moving away from India is much more fundamental WATCH: youtube.com/watch?v=_WUH0s
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From Starbucks To Pizza Hut, Microsoft & Uber: Major Firms Pull Back From AI After Massive Losses

Major global companies are now facing growing questions over whether the rush toward AI-driven automation moved too fast and became far more expensive than expected. From Starbucks and Pizza Hut to Microsoft and Uber, several firms are reportedly re-evaluating AI systems after operational disruptions, rising compute costs, workflow mismatches and mounting financial pressure.

WATCH: https://www.youtube.com/watch?v=dGRbKGfbdzo
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Visa's latest round of artificial intelligence-fuelled layoffs, affecting nearly 2,600 employees, has extended well beyond junior and mid-level employees. In July 29, several employees woke up to emails from the human resources team informing them that their jobs had been cut as the payments giant restructures its operations to focus on artificial intelligence.

Read More: https://www.livemint.com/companies/news/visa-layoffs-senior-executives-earning-up-to-4-36-crore-among-2-600-employees-affected-11785926046223.html

#Visa #Layoffs #AI #ArtificialIntelligence
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Nvidia collabs with 6 wall street banks to finance its deals? While new chips power frontier model training, after a few years they are relegated to lower-margin inference work: a shift that directly impacts their resale and collateral value. SO experts are questioning Nvidia's wisdom here.

Watch!
https://www.youtube.com/watch?v=Xy7yJVMmmsU
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Oracle has begun a fresh round of layoffs in India, with employees across teams receiving termination notices as the technology major continues its cost-cutting drive. Employees have described sudden termination emails and immediate loss of access to company systems, with some saying they had no indication that their jobs were at risk.

Watch: https://www.youtube.com/watch?v=4qdjovpaAwY
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