Tech
ChatGPT creator and others invest $2.3 million in Indian teens. Sam Bankman-Fried, the FTX crypto fraud kingpin, is accused
ChatGPT creator and others invest $2.3 million in Indian teen prodigies
Good morning tech family, here are some quick tech updates for you to follow!
Today’s news: Employers prefer to hire with automation
Quick insights: Sam Bankman-Fried, the FTX crypto fraud kingpin, is accused
Aryan Sharma and Ayush Pathak, two 19-year-olds developing induced artificial intelligence, have raised $2.3 million in funding in a round led by Sam Altman, co-founder of Open AI. Additionally, the startup has received funding from other backers, Daniel Gross, Peak XV, and Nat Friedman’s AI Prize. Aryan Sharma, CEO of Induced AI and one of these two teenagers, recently shared the story of how he convinced big tech companies to fund the startup. In an interview with the Overpowered podcast, Mr. Sharma described how he met Sam Altman, convinced him to give him money and got support for their start-up from Peak XV, Daniel Gross and Nat Friedman.
A recent survey conducted by Harris Poll on behalf of Indeed, involving more than 500 employers, 200 job seekers and recent job changes, revealed that AI is redefining hiring and efficiency for the companies that have adopted it. Both organizations and job seekers view automation favorably. While opinions on the implementation of AI from employers and job seekers are largely positive, a survey conducted by Indeed reveals that opinions among companies vary on the impact of AI and where to apply it.
Big Data is the term used to describe the enormous, rapidly expanding volume of data that often exists within an organization in various forms and comes from multiple sources. Put differently, it is vast, diverse and dispersed. Big data has a huge impact on how companies in almost every industry make decisions, create products and manage their operations. The main obstacles to big data are related to organizational, technological and operational limitations such as the lack of infrastructure or qualified personnel. We deconstruct these obstacles into manageable and easily understandable problems and provide concrete solutions. to know more
Sam Bankman-Fried, the former operator of one of the largest cryptocurrency exchanges globally, has been convicted of fraud and money laundering following a month-long trial in New York. After just four hours of deliberation, the jury returned a verdict. For the 31-year-old former billionaire and best-known figure in the cryptocurrency world, this caps a spectacular fall from grace. Following the FTX bankruptcy, Bankman-Fried was arrested last year.