5 things about AI you may have missed today: Govt's warning over deepfakes, Ant Group to launch AI products, and more
AI Roundup: Karnataka's Mysore Sales International Ltd (MSIL) is set to introduce a groundbreaking AI-powered platform to enhance its chit-fund business. In a separate development, Alibaba's Ant Group received Chinese government approval to deploy AI products based on its Large Language Model (LLM) called Bailing. Union Minister Rajeev Chandrasekhar also issued a warning for social media platforms about their responsibility in countering AI-powered deepfakes and misinformation.
All this, and more in today's AI roundup.
On Monday, Karnataka Industries Minister M B Patil announced that Mysore Sales International Ltd (MSIL) will get a first-of-its-kind AI-powered platform soon. According to a PTI report, the state-run company could scale up its chit-fund business with the help of AI that would enable a “smart and efficient user experience”. “It will be first if it's kind in the country, AI-powered platform for smart and efficient user experience. Aim to reach ₹10,000 crores from 300 crores in the next 5 years”, Patil said.
Chinese technology conglomerate Alibaba on Monday announced that its affiliate company Ant Group has received approval from the Chinese government to launch products based on its AI Large Language Model (LLM) called Bailing, Reuters reported. For the unaware, companies in China must seek regulatory approval from the government before their products are made publicly available.
Union Minister Rajeev Chandrasekhar has issued a stern warning to social media platforms today, emphasising their legal obligations in the fight against deepfakes and all other forms of misinformation. The trigger for his message was the shocking actress Rashmika Mandanna's deepfake video that went viral. Originally, the video showcased
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