Latest news with #AI-focused
India Gazette
a day ago
- Business
- India Gazette
Ministry working on PhD programme for fundamental research on AI: Ashwini Vaishnaw
New Delhi [India], May 30 (ANI): Minister for Electronics and Information Technology Ashwini Vaishnaw said on Friday that the government is working on a PhD programme so that the Artificial Intelligence mission could fund the basic fundamental research in AI. 'It will really bring new opportunities for us and for the IT industry, which will go through a major transition period,' the minister told an AI-focused event. 'We should be able to capture this transition as an opportunity rather than getting disrupted by it, because whenever such a large technological change happens, it's very important that the industry and the government and the talent development ecosystem, they should all work together to make sure that we get prepared for the changing times,' he supplemented. Speaking about the potential of AI, he said AI in itself may not mean much, but when it is applied to various sectors, it can really make a big difference in solving problems at the population level and on a large scale. The focus of his government is very clear - a vision of democratising technology, he said. 'It's very important that technology should not be left in the hands of a few,' he supplemented. 'It's very important that a larger section of the society should have access to technology, should be able to develop new solutions, have better opportunities.' Supplementing the democratisation of technology, he said about 19,000 GPUs have already been deployed. The second round of empanelment may create another 16,000 GPUs, taking the total to 34,000 GPUs. 'It's a very big, large, significantly large number of compute. And this is a continuous process,' Minister Vaishnaw said. 'The 3rd round will also be completed very soon. That will bring another round of GPUs. In a sense, what we were some time back worried about whether India will be able to get that kind of compute facility or not. It was a big worry in the minds of many now practically those worries are over, with 34,000 GPUs, the compute facility is very significant,' the minister said. On the AI front, India will soon have its first foundational Artificial Intelligence model, the minister has indicated on several occasions recently. The government is going to host an open-source model on Indian servers. This comes as Chinese startup DeepSeek has challenged the AI world. India is rapidly building a strong AI computing and semiconductor infrastructure to support its growing digital economy. With the approval of the IndiaAI Mission in 2024, the government allocated Rs 10,300 crore over five years to strengthen AI capabilities. A key focus of this mission is the development of a high-end common computing facility AI as a technology has just begun, and the number of innovations that one can see going forward is going to be phenomenal. (ANI)
Yahoo
2 days ago
- Business
- Yahoo
These Stocks Are Rising Due to Nvidia's Solid Earnings Report
Several stocks are rising Thursday morning after Nvidia's first-quarter revenue topped estimates. Competing chipmakers like Broadcom and Advanced Micro Devices were up, along with other hardware makers like Dell and Super Micro Computer. Some energy stocks were also lifted as increasing power demand for AI-focused data centers is expected to boost their (NVDA) solid first-quarter results reported after the bell on Wednesday are lifting a number of stocks across the chip and server industries Thursday morning. Shares of a range of hardware makers like Super Micro Computer (SMCI) and Vertiv Holdings (VRT) each rose in premarket trading, while two of Nvidia's biggest chipmaking competitors Broadcom (AVGO) and Advanced Micro Devices (AMD) were each up 2%. Dell (DELL) and HP Enterprise (HPE) stocks were up 1% Thursday morning, as JPMorgan analysts said Nvidia's earnings showing strong demand and supply of Nvidia's latest products serves as a strong signal for the server makers' earnings and outlooks. Shares of a pair of energy-related companies, GE Vernova (GEV) and Constellation Energy Group (CEG), were also up just over 1% as nuclear energy stocks have been lifted by the AI trade and expected rise in power demand that more data centers will bring. Nvidia shares were still leading the way, up more than 5% about 45 minutes ahead of markets opening on Thursday. Read the original article on Investopedia Sign in to access your portfolio
Los Angeles Times
3 days ago
- Entertainment
- Los Angeles Times
Hollywood isn't ready for AI. These people are diving in anyway
When filmmakers say they're experimenting with artificial intelligence, that news is typically received online as if they had just declared their allegiance to Skynet. And so it was when Darren Aronofsky — director of button-pushing movies including 'The Whale' and 'Black Swan' — last week announced a partnership with Google AI arm DeepMind to use the tech giant's capabilities in storytelling. Aronofsky's AI-focused studio Primordial Soup is producing three short movies from emerging filmmakers using Google tools, including the text-to-video model Veo. The first film, 'Ancestra,' directed by Eliza McNitt, will premiere at the Tribeca Festival on June 13, the Mountain View-based search giant said. Google's promotional materials take pains to show that 'Ancestra' is a live-action film made by humans and with real actors, though it's bolstered with effects and imagery — including a tiny baby holding a mother's finger — that were created with AI. The partnership was touted during Google's I/O developer event, where the company showed off the new Veo 3, which allows users to create videos that include sound effects, ambient noise and speech (a step up from OpenAI-owned competitor, Sora). The company also introduced its new Flow film creation tool, essentially editing software using Google AI functions. Google's push to court creative types coincides with a separate initiative to help AI technology overcome its massive public relations problem. As my colleague Wendy Lee wrote recently, the company is working with filmmakers including Sean Douglas and his famous father Michael Keaton to create shorts that aren't made with AI, but instead portray the technology in a less apocalyptic light than Hollywood is used to. Simply put, much of the public sees AI as a foe that will steal jobs, rip off your intellectual property, ruin your childhood, destroy the environment and possibly kill us all, like in 'The Terminator,' '2001: A Space Odyssey' and the most recent 'Mission: Impossible' movies. And Google, which is making a big bet by investing in AI, has a lot riding on changing that perception. There's a ways to go, including in the entertainment industry. Despite the allure of cost-savings, traditional studios haven't exactly dived headfirst into the AI revolution. They're worried about the legal implications of using models trained on troves of copyrighted material, and they don't want to anger the entertainment worker unions, which went on strike partly over AI fears just a couple years ago. The New York Times and others have sued OpenAI and its investor Microsoft, alleging copyright theft. Tech giants claim they are protected by 'fair use.' AI-curious studios are walking into a wild, uncharted legal landscape because of the amount of copyrighted material being mined to teach the models, said Dan Neely, co-founder of startup Vermillio, which helps companies and individuals protect their intellectual property. 'The major studios and most people are going to be challenged using this product when it comes to the output content that you can and cannot use or own,' Neely said by phone. 'Given that it contains vast quantities of copyrighted material, and you can get it to replicate that stuff pretty easily, that creates chaos for someone who's creating with it.' But while the legacy entertainment business remains largely skeptical of AI, many newer, digitally-native studios and creators are embracing it, whether their goals are to become the next Pixar or the next Mr. Beast. The New York Times recently profiled the animation startup Toonstar, which says it uses AI throughout its production process, including when sharpening storylines and lip-syncing. John Attanasio, a Toonstar founder, told the paper that leaning into the tech would make animation '80 percent faster and 90 percent cheaper than industry norms.' Jeffrey Katzenberg, the former leader of DreamWorks Animation, has given a similar estimate of the potential cost-savings for Hollywood cartoons. Anyone working in the traditional computer animation business would have to gulp at those projections, whether they turn out to be accurate or not. U.S. animation jobs have already been hammered by outsourcing. Now here comes automation to finish the job. (Disney's animated features cost well over $100 million to produce because they're made by real-life animators in America.) Proponents of AI will sometimes argue that the new technology isn't a replacement for human workers, but rather a tool to enhance creativity. Some are more blunt: Stop worrying about these jobs and embrace the future of uninhibited creation. For obvious reasons, workers are reluctant to buy into that line of thinking. More broadly, it's still unclear whether all the spending on the AI arms race will ultimately be worth the cost. Goldman Sachs, in a 2024 report, estimated that companies would invest $1 trillion in AI infrastructure — including data centers, chips and the power grid — in the coming years. But that same report raised questions about AI's ultimate utility. To be worth the gargantuan investment, the technology would have to be capable of solving far more complex problems than it does now, said one Goldman analyst in the report. In recent weeks, the flaws in the technology have crossed over into absurd territory: For example, by generating a summer reading list of fake books and legal documents polluted with serious errors and fabrications. Big spending and experimentation doesn't always pan out. Look at virtual reality, the metaverse and the blockchain. But some entertainment companies are experimenting with the tools and finding applications. Meta has partnered with horror studio Blumhouse and James Cameron's venture Lightstorm Vision on AI-related initiatives. AI firm Runway is working with Lionsgate. At a time when the movie industry is troubled in part due to the high cost of special effects, production companies are motivated to stay on top of advancing tech. One of the most common arguments in favor of giving in to AI is that the technology will unshackle the next generation of creative minds. Some AI-enhanced content is promising. But so far AI video tools have produced a remarkable amount of content that looks the same, with its oddly dreamlike sheen of unreality. That's partly because the models are trained on color-corrected imagery available on the open internet or on YouTube. Licensing from the studios could help with that problem. The idea of democratizing filmmaking through AI may sound good in theory. However, there are countless examples in movie history — including 'Star Wars' and 'Jaws' — of how having physical and budgetary restrictions are actually good for art, however painful and frustrating they may have been during production. Even within the universe of AI-assisted material, the quality will vary dramatically depending on the talent and skill of people using it. 'Ultimately, it's really hard to tell good stories,' Neely said. 'The creativity that defines what you prompt the machine to do is still human genius — the best will rise to the top.' Like other innovations, the technology will improve with time, as the new Google tools show. Both Veo 3 and Flow showcase how AI is becoming better and easier to use, though they are still not quite mass-market products. For its highest tier, Google is charging $250 a month for its suite of tools. Maybe the next Spielberg will find their way through AI-assisted video, published for free on YouTube. Perhaps Sora and Veo will have a moment that propels them to mainstream acceptance in filmmaking, as 'The Jazz Singer' did for talkies. But those milestones still feel a long way off. The Memorial Day weekend box office achieved record revenue (not adjusting for inflation) of $329.8 million in the U.S. and Canada, thanks to the popularity of Walt Disney Co.'s 'Lilo & Stitch' and Paramount's 'Mission: Impossible — The Final Reckoning.' Disney's live-action remake generated $183 million in domestic ticket sales, exceeding pre-release analyst expectations, while the latest Tom Cruise superspy spectacle opened with $77 million. The weekend was a continuation of a strong spring rebound for theaters. Revenue so far this year is now up 22% versus 2024, according to Comscore. This doesn't mean the movie business is saved, but it does show that having a mix of different kinds of movies for multiple audiences is healthy for cinemas. Upcoming releases include 'Karate Kid: Legends,' 'Ballerina,' 'How to Train Your Dragon' and a Pixar original, 'Elio.' 'Lilo & Stitch' is particularly notable, coming after Disney's previous live-action redo, 'Snow White,' bombed in theaters. While Snow White has an important place in Disney history, Stitch — the chaotic blue alien — has quietly become a hugely important character for the company, driving enormous merchandise sales over the years. The 2002 original wasn't a huge blockbuster, coming during an awkward era for Walt Disney Animation, but the remake certainly is. Watch: Prepping for the new 'Naked Gun' by rewatching the classic and reliving the perfect Twitter meme. Listen: My favorite episode of 'Blank Check with Griffin & David' in a long time — covering Steven Spielberg's 'Hook' with Lin-Manuel Miranda.
Yahoo
20-05-2025
- Business
- Yahoo
Dell Technologies (NYSE:DELL) Teams With NVIDIA To Drive AI Adoption For Enterprises
Dell Technologies garnered attention this past month, marking a 35% increase in share price, buoyed by its AI-focused announcements alongside NVIDIA. The introduction of cutting-edge PowerEdge servers and AI Factory enhancements reflect the company's drive to accelerate AI adoption in enterprise settings. In a market where major tech stocks like NVIDIA and Amazon recently saw declines, Dell's positive momentum looks additive to broader index gains. While the S&P 500 advanced modestly, Dell's innovations suggest a strong alignment with technology trends, emphasizing efficiency and scalability, contributing meaningfully to its substantial price movement. We've identified 2 warning signs for Dell Technologies (1 is significant) that you should be aware of. Trump's oil boom is here — pipelines are primed to profit. Discover the 22 US stocks riding the wave. Recent developments in AI and server enhancements could strengthen Dell Technologies' revenue and earnings forecasts. These advancements align with projected industry growth in AI server shipments, potentially boosting the company's profitability despite competitive pressures. The introduction of cutting-edge AI solutions is expected to drive demand, but challenges such as competitive pricing and soft consumer demand could impact gross margins and net income. Over the past five years, Dell Technologies delivered a total return of 467.81%, emphasizing its longer-term growth trajectory. Compared to a 1-year period where Dell underperformed the broader US Market and the US Tech industry despite its 35% share price increase, this historical return provides valuable context for investors evaluating its recent performance. The recent price movement, with shares trading at US$93.95, shows a 25.4% discount to the analyst consensus price target of US$125.98. While this suggests potential for growth, analysts highlight competitive and demand challenges. Revenue is projected to climb to US$114 billion by 2028, with earnings forecasts of US$6.8 billion, driven by AI and server advancements. This projected growth comes amid pressures from tariffs and cost structures that could impact profitability targets and price target credibility. Review our historical performance report to gain insights into Dell Technologies' track record. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:DELL. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Los Angeles Times
20-05-2025
- Entertainment
- Los Angeles Times
Darren Aronofsky joins AI Hollywood push with Google deal
Director Darren Aronofsky has pushed artistic boundaries with movies including 'Requiem for a Dream' and 'Mother!' Now his production company is working with Google to explore the edge of artificial intelligence technology in filmmaking. Google on Tuesday said it is working with several filmmakers to use new AI tools as part of a larger push to popularize the fast-moving tech. That effort includes a partnership with Aronofsky's venture, Primordial Soup. Google's AI-focused subsidiary DeepMind and Aronofsky's firm will work with three filmmakers, giving them access to the Mountain View, Calif.-based giant's text-to-video tool Veo, which they will use to make short films. The first project, 'Ancestra,' is directed by Eliza McNitt. Aronofsky is an executive producer on the film. 'Ancestra,' which premieres at the Tribeca Festival next month, combines live-action filmmaking with imagery generated with AI, such as cosmic events and microscopic worlds. 'Filmmaking has always been driven by technology,' Aronofsky said in a statement that referenced film tech pioneers the Lumiere brothers and Thomas Edison. 'Today is no different. Now is the moment to explore these new tools and shape them for the future of storytelling.' The push comes as Google and other companies are making deals with Hollywood talent and production companies to use their AI tools. For example, Facebook parent company Meta is partnering with 'Titanic' director James Cameron's venture, Lightstorm Vision, to co-produce content for its virtual reality headset Meta Quest. New York-based AI startup Runway has a deal with 'Hunger Games' studio Lionsgate to create a new AI model to help with behind-the-scenes processes such as storyboarding. Many people in Hollywood have been critical of AI tools, raising concerns about the automation of jobs. Writers worry about AI models being trained on their scripts without their permission or compensation. Tech industry executives have said that they should be able to train AI models with content available online under the 'fair use' doctrine, which allows for the limited reproduction of material without permission from the copyright holder. Proponents of the technology say that it can provide more opportunities for filmmakers to test out ideas and show a variety of visuals at a lower cost. New York-based Primordial Soup said in a press release that Google's AI tools helped solve 'practical challenges such as filming with infants and visualizing the birth of the universe' in 'Ancestra.' 'With 'Ancestra,' I was able to visualize the unseen, transforming family archives, emotions, and science into a cinematic experience that feels both intimate and expansive,' McNitt said in a statement. The two additional filmmakers and films participating in the Google DeepMind-Primordial Soup deal are not yet named. Google made the announcement as part of its annual I/O developer conference in Mountain View. During the event's keynote address on Tuesday, Google shared updates on its AI tools for filmmakers, including Veo 3, which allows creators to type in how they want dialogue to sound and add sound effects. The company also unveiled a new AI filmmaking tool called Flow that helps users create cinematic shots and stitch together scenes into longer films and short stories. 'This opens up a whole new world of possibilities,' said Demis Hassabis, chief executive of Google DeepMind, in a news briefing on Monday. 'We're excited for how our models are helping power new tools for creativity.' Flow is available through Google's new $249.99 monthly subscription plan Google AI Ultra, which includes early access to Veo 3, as well as other benefits including YouTube Premium, Google's AI models Gemini and other tools. Flow is also available with a $19.99-a-month Google AI Pro subscription. Google is making other investments related to AI. On Tuesday, L.A.-based generative AI studio Promise announced Google AI Futures Fund as one of its new strategic investors. Through the partnership, Promise will integrate some of Google's AI technologies into its production pipeline and workflow software and collaborate with Google's AI teams.
