New Rs 10,000 Crore Fund of Funds Announced for Startups in Budget 2025

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Finance Minister Nirmala Sitharaman introduced a new Rs 10,000 crore fund of funds for startups, emphasizing the mobilization of domestic capital amidst global economic changes. This initiative aims to expand the scope of investments in the Indian startup ecosystem, with prior funds showing substantial success. Experts believe this move will accelerate entrepreneurial growth and innovation … Read more

Unlocking Potential: The Importance of Union Budget 2025 for Indian Startups

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The upcoming Union Budget 2025 is set to shape the future of India’s thriving startup ecosystem, which boasts over 90,000 startups. Entrepreneurs must focus on budget implications, including taxation changes, funding opportunities, and government schemes aimed at fostering growth. Key areas include easing compliance, sector-specific policies, and support for emerging industries. With an eye on … Read more

OpenAI’s o3 Model Achieves Human-Level Performance on Intelligence Test

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OpenAI’s o3 AI model has achieved human-level results on the ARC-AGI benchmark, scoring 85%, thus indicating progressed towards AGI. It outperforms previous models and showcases significant improvements in generalisation abilities. However, further research and testing are needed to fully understand its capabilities and implications for AI’s future. A groundbreaking artificial intelligence model has reached equivalence … Read more

DeepSeek: Did It Use ChatGPT’s Techniques for Its AI?

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Recent claims suggest that Chinese tech company DeepSeek may have copied ChatGPT’s technology for its new chatbot, raising concerns of intellectual property theft. Although no definitive evidence has emerged, comments from U.S. officials indicate significant worries about DeepSeek’s practices. OpenAI has denounced the use of model distillation, while analysis of DeepSeek’s operations reveals potential ethical … Read more

DeepSeek’s Rise: The Chinese AI App Shaking Wall Street

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DeepSeek, a Chinese AI company, launched a popular chatbot app that disrupted the tech market, causing significant stock declines for U.S. firms, particularly Nvidia. The app’s development cost was a mere $6 million, challenging the notion that substantial investments are essential for success in AI. Venture capitalist Marc Andreessen praised DeepSeek’s breakthrough capability, reflecting its … Read more

University of East Anglia Launches MSc in Artificial Intelligence Program

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The University of East Anglia introduces a one-year MSc in Artificial Intelligence, beginning September 2025. This postgraduate program equips students with essential theoretical knowledge and practical skills across diverse AI fields. Graduates can anticipate a variety of career paths in sectors such as technology, healthcare, and finance, benefiting from UEA’s extensive resources and collaborative learning … Read more

AI Advancements and Collaborations: Highlights from January 31, 2025

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This week highlighted pivotal advancements in artificial intelligence, featuring collaborations like Altair Engineering with Cranfield University, the anticipated web search launch for Anthropic’s Claude AI, and significant venture capital funding for companies like Applied Labs and Bluwhale. Guidelines from the Cloud Security Alliance on AI responsibilities emphasize the importance of secure practices, while new tools … Read more

Alibaba Unveils Qwen 2.5 AI Model, Claims Superiority over DeepSeek

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Alibaba has launched Qwen 2.5, claiming it surpasses DeepSeek V3, amidst a competitive landscape where DeepSeek’s efficiency has driven concern among major tech companies about their sustainability and market dominance. Chinese tech powerhouse Alibaba has unveiled its upgraded Qwen 2.5 artificial intelligence model, claiming it has outperformed the impressive DeepSeek V3. The timing of the … Read more

Pi Network Update: Grace Period Extended as Open Network Launch Nears

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Pi Network extends its Grace Period to January 31, 2025, with over 9 million mainnet migrations and 14 million KYC verifications. Despite delays, the app has achieved over 100 million downloads, primarily in Asia. The project maintains ongoing user support through accessible resources and community engagement, anticipating the Open Network launch in early 2025. In … Read more

OpenAI Researcher Leaves Amidst Fears of AI’s Rapid Development

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Steven Adler, a former OpenAI researcher, left his position due to fears surrounding the rapid advancement of artificial intelligence, particularly artificial general intelligence (AGI). He echoed the concerns shared by numerous colleagues, suggesting that the race to develop AGI poses significant ethical risks. This trend reflects a broader industry concern about the implications of uncontrolled … Read more