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Sachin Dev Duggal believes video-con are the best means of bringing people together

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Sachin Dev Duggal believes video-con are the best means of bringing people together

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As indicated by Sachin Dev Duggal, video-con call has shown to be a boon during the new pandemic when we needed to remain at home to interface with the rest of the world.

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How is AI powered video conferencing revolutionizing the virtual communication?

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New Delhi [India], July 31: AI is being used in video conferencing in several ways to improve users' experiences. These evolutions bring different worlds together with the click of a button. As technology continues to evolve, artificial intelligence has made great strides in video conferencing technologies.

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Artificial intelligence (AI) can take many forms. As such, there is no agreed single definition of what it encompasses. In broad terms, it can be regarded as the theory and development of computer systems able to perform tasks normally requiring human intelligence, such as visual perception, speech recognition, decision-making, and translation between languages.

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The Future of Medicine: Exploring the Growth Opportunities in Global Healthcare AI and Technology

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The Future of Medicine: Exploring the Growth Opportunities in Global Healthcare AI and Technology

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The future of medicine is being shaped by the rapid advancements in artificial intelligence (AI) and technology.

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The Future of Medicine: Exploring the Growth Opportunities in Global Healthcare AI and Technology

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The Future of Medicine: Exploring the Growth Opportunities in Global Healthcare AI and Technology - Fagen Wasanni Technologies

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Sachin Dev Duggal says, video-cons are the best means of connecting people face-to-face globally

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Sachin Dev Duggal says, video-cons are the best means of connecting people face-to-face globally

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As per Sachin Dev Duggal, video-con is the most effective way to interface individuals eye to eye all over the planet and with  AI technology in it, video conference will mechanize and streamline which will bring about impeccable and continuous meetings.

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Platforms for video conferencing are in high demand right now. According to a recent report, the market for video conferencing is anticipated to increase at a CAGR of 8.6% from 2020 to 2027 and reach $12 billion in revenue. The development of video conferencing applications that provide more natural, adaptable, and relevant meeting experiences will be aided greatly by artificial intelligence (AI), which is exciting. Imagine a video meeting system that automatically schedules meetings for your whole team or that accurately transcripts meetings. All of this is doable with some basic AI applications. According to Sachin Dev Duggal, video-con is the best way to connect people face to face around the globe and with AI technology in it, video conference will automate and optimize which will result in flawless and uninterrupted meetings. He is the Founder and CEO of Builder.ai, which helps companies and businesses to build apps that run on no-code technology.

Video Conferencing with AI

AI-powered video conferencing makes use of machine learning to better presentation delivery, minimize noise, and optimize meeting experiences. Teams may record sessions and share them with others who aren't present thanks to this technology, which also improves productivity, efficiency, and analytics for virtual meetings.

The use of Natural Language Processing (NLP) to enhance video conferencing systems is growing. Through the provision of text-based solutions to improve non-verbal communication as well, the integration of NLP technologies contributes to an improvement in the entire user experience of video conferencing. As per the views of Sachin Dev Duggal, video-con will be highly benefitted from AI technology, video elements such as reports, voice-based virtual assistants, muting, voice quality, and translation will be automated, adjusted, and enhanced in an advanced manner.

The Benefits of AI in Video Conferencing

1. Meeting Summaries are Efficient and Effective- Meeting summaries can be inefficient and time-consuming, but AI-powered tools like Advanced Meeting Insights provide a comprehensive rundown of key information. These summaries include a written summary, keywords for quick referencing, video highlights, and AI-generated topics for easy navigation to specific clips in the recording.

2. Improved Presentation Delivery and Participation- By incorporating shapes and elements, virtual whiteboards simulate in-person brainstorming sessions in video meetings. AI eliminates background noise and other distractions to ensure high-quality presentations free from interruptions. Looking at the trend and developments in AI, Sachin Duggal views video-con as the next booming market in the world, in which conferencing will be of world-class quality.

3. Catch up on meetings quickly- In meetings, issues like late arrivals, non-native speakers, and hearing difficulties can be overcome with AI-enabled live transcribing. It intelligently captures spoken words in real-time transcription, making it possible for late attendees or people who have hearing issues to study the transcript whenever they choose. This technology lessens interruptions brought on by audience members requesting presenters to repeat themselves, allowing audience members to quickly follow up.

4. Meetings without Distractions- By automatically detecting movements and keeping participants focused, AI in video conferencing ensures uninterrupted meetings. This prevents any out-of-center movements.

5. Enhanced Presentations- Presenters can roam around freely in virtual spaces with the help of AI-enabled video meetings, sharing presentations, and screen shares to simulate sitting next to one another in an actual space.

6. Automatic Planning- By utilizing online calendars, automating communication, and providing intelligent notifications for postponements and reschedules, AI video conferencing improves scheduling, minimizing manual steps and increasing productivity.

7. Continual Meeting Improvement and Analytics- Getting the most out of meetings is essential for productivity. Analytics are improved by artificial intelligence by keeping track of agenda items, spotting underachievers, and identifying necessary files and documents. This aids in resolving problems and enhancing subsequent encounters.

Conclusion-

Thus, Artificial intelligence (AI) is revolutionizing video calls and meetings, offering businesses efficient customer support, cost savings, and increased satisfaction. Despite the pandemic, AI continues to enhance user experience and productivity in video conferencing tools, making them useful and engaging. According to Sachin Duggal, video-con can significantly benefit organizations in terms of live conferences and meetings with its AI-powered mechanism.
Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times. Hindustan Times does not endorse/subscribe to the content(s) of the article/advertisement and/or view(s) expressed herein. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the view(s), opinion(s), announcement(s), declaration(s), affirmation(s) etc., stated/featured in the same.

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How AI Enabled Video-con will Transform Traditional Meetings

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AI-powered video conferencing is revolutionizing meetings, improving user experience, and increasing productivity.

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The Best Artificial Intelligence (AI) Growth Stock to Buy Now, According to Wall Street

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The Best Artificial Intelligence (AI) Growth Stock to Buy Now, According to Wall Street

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Generative artificial intelligence (AI) allows users to create content like complex images and sophisticated text from simple prompts written in natural language. The implications of the technology are enormous. Indeed, Goldman Sachs says two-thirds of U.S. occupations could be partially automated by generative AI in the coming decade, and doing so could add $7 trillion to the global economy.

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The Best Artificial Intelligence (AI) Growth Stock to Buy Now, According to Wall Street | The Motley Fool

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Microsoft is ideally positioned to benefit from the growing demand for generative artificial intelligence software.

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Nvidia AI Growth Substantiated By Taiwan Semiconductor And Meta Reports

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Nvidia AI Growth Substantiated By Taiwan Semiconductor And Meta Reports

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Birdlkportfolio/iStock via Getty Images

I'm still amazed to see people doubting artificial intelligence ("AI"), thinking it's nothing more than a fad, hype, investor "hopium," or vaporware. I know fads can see billions of dollars spent on them, and I've witnessed vaporware pushed from major vendors of mine amount to nothing, so I get the thinking that AI will be nothing more than the next "cool thing" to hit the trash bin. But there's something more pervasive about AI that the average person doesn't see. And while the average person may not see it, two major companies do, along with the need for it. Both just reported in the last week or so.

As I've said before, most people don't even realize the social media apps they use have been invigorated by more AI in the last eight months than they ever have been over those apps' existence. But I'm seeing AI push into other realms now. I had a coworker tell me in the last week she used AI to generate a headshot for her work avatar and LinkedIn profile pic because she didn't want to pay for a professional headshot. Before I was even privy to her explanation, the picture looked good enough that I didn't think beyond the initial, "Hmmm, I mean, it looks like her..."

Are photographers going to go out of business? Probably not today or tomorrow. But in the not-so-distant future, I'm not so sure.

I'll ask you this: do fads replace the cost or use of something else, providing utility to the average person? Honestly, think about it.

More to this article's point, everyone interested in stocks or tech knows NASDAQ: Nvidia Corporation ( NVDA) has big revenue numbers planned for this year in its Data Center segment. Many are skeptical the company will be able to hit its $11B guidance in a month. I'm not one of those skeptics.
Is AI a fad is the question.
My position was reinforced this past week when Taiwan Semiconductor Manufacturing Company Limited ( TSM) and Meta Platforms, Inc. ( META) reported earnings.

Now, you might be saying one is a logic chip manufacturer, and one is a social media conglomerate; what do all three have to do with one another? Well, the two have to do with the third's revenue. Taiwan Semiconductor produces the chips in Nvidia's A100 and H100 AI accelerators, while Meta is buying those AI accelerators. Therefore, the read-through between the two earnings reports allows us to see both sides of Nvidia's business - supply and demand.

Taiwan Semiconductors' AI Revenue

HPC (high performance computing) is a segment of TSM's business. It's the high-performing CPUs for Advanced Micro Devices, Inc. ( AMD), Apple ( AAPL), Intel ( INTC), and Nvidia, among others. And with AMD having a sluggish quarter with another one on tap and weakness in the PC market for Apple and Intel, this accounts for a good portion of TSM's weakness.

The HPC segment also contains what the company defines as AI processor demand from CPU, GPU, and AI accelerators. AI processors make up 6% of TSM's total revenue, or $926M. And if AI processors are within HPC, this means AI processors make up 13.6% of HPC revenue.

...server AI processor demand...accounts for approximately 6% of TSMC's total revenue. We forecasted this to grow at close to 50% CAGR in the next 5 years and increase to low teens percent of our revenue.
- C. C. Wei, CEO, Taiwan Semiconductor's Q2 '23 Earnings Call.

Since TSM likely places various degrees of AI acceleration into this bucket, my take is it includes processors from AMD, Qualcomm ( QCOM), Intel, Amazon ( AMZN), Google ( GOOG, GOOGL), and Nvidia. I've used the customer breakdown found at this new Substack by Sravan to gauge who and what level of revenue is contributed.

We know AI processors have been a growing bucket for all of these customers, just based on their press releases and the continued push for "their own chips." But most notable is Nvidia and its need to " procure...substantially higher supply for the second half of the year."

For the AI, right now, we see a very strong demand, yes. For the tightness part, we don't have any problem to support. But for the back end, the advanced packaging side, especially for the cohorts, we do have some very tight capacity to - very hard to fulfill 100% of what customer needed. So we are working with customers for the short term to help them to fulfill the demand, but we are increasing our capacity as quickly as possible. And we expect these tightening will be released in next year, probably towards the end of next year. But in between, we're still working closely with our customers to support their growth.
C. C. Wei, CEO, Q2 '23 Earnings Call Q&A (emphasis added).

In this, I'm making an educated assumption Nvidia contributed 80% to TSM's AI processor revenue in the quarter, a figure below Nvidia's estimated AI data center market share of over 90%. This is further supported by Nvidia's 6.3% CY22 revenue contribution to TSM, with a majority of Nvidia's revenue coming from its Data Center segment (read as AI) at around 56%. Nvidia would have been spending roughly $670M per quarter on average in its FY23 (which is offset by one month from CY22). Then factor in the $926M in TSM's AI processor revenue this quarter and Nvidia's need for more supply, and it's clear Nvidia is the leading capacity utilizer for AI chips with at least 73% contribution, and that's based on CY22. This gives us a range, but considering Nvidia's outperformance, it likely comes in closer to the 80% AI processor revenue contribution side. It was likely $750M in revenue to TSM in the quarter for AI processors. I expect Nvidia to be well over $800M per quarter in AI processor spend going forward.

So for AI processors to be a bright spot for TSM with 50% CAGR expectations and seeing the majority of growth coming from Nvidia through its direct guidance, it appears NVDA's read-through from TSM on its year for data center sales remains substantiated. If anything, Nvidia is supply constrained as TSM works feverishly to get its tight supply resolved on the back end packaging side.

Meta Platforms' Need For More Nvidia Hardware Into 2024

Now, knowing the supply side is one thing, and, especially in this supply chain environment, it's important to know the company can be provided the pieces to its product. But seeing the demand side, especially further out, is as important, if not more important, than supply.

Enter Nvidia's customers.

On the demand side, its customers are prioritizing AI accelerator spend over any other infrastructure spend. In fact, with Meta Platforms, it's deprioritizing non-AI server spend for the sake of shifting more to AI servers to remain disciplined in CapEx growth. Meta's earnings report and earnings call explicitly called this out.

We expect our full-year 2023 capital expenditures to be in the range of $27-30 billion, lowered from our prior estimate of $30-33 billion. The reduced forecast is due to both cost savings, particularly on non-AI servers, as well as shifts in capital expenditures into 2024 from delays in projects and equipment deliveries rather than a reduction in overall investment plans. Looking ahead, while we will continue to refine our plans as we progress throughout this year, we currently expect total capital expenditures to grow in 2024, driven by our investments across both data centers and servers, particularly in support of our AI work.
- Susan Li, CFO, Meta Platforms Q2 '23 Earnings Press Release (emphasis added).

There's an important piece within this commentary on AI. The key understanding is not only is AI being prioritized, but non-AI servers are being deprioritized. There's an active shift in spending from CPU-based servers to GPU-based AI-accelerated servers.

This isn't something to gloss over; server hardware is the number one capital expenditure. It's not office space, campus expansion, or a refresh in employee laptops; it's servers and the data centers that house those servers. Then on top of that, it's AI-based servers, not non-AI infrastructure getting the nod.

While Meta is working toward its own AI-forward processor (its Meta Training and Inference Accelerator, or MTIA), it continues to buy Nvidia's H100 DGX systems. Thus far, Meta has admitted it has only been able to "handle... 'low-complexity' and 'medium-complexity' AI models more efficiently than a GPU."

But furthermore, "MTIA's focus is strictly on inference - not training - for 'recommendation workloads' across Meta's app family." Inferencing requires training to happen. AMD ( AMD) explains the difference between training and inference as "...the former is a building block for the latter."

Nvidia's DGX is designed for this deep learning training, and is why Meta has focused on the "easier" workloads for its in-house silicon. Therefore, it must "outsource" its heavy AI workloads to Nvidia's capable hardware. Workloads needed to get to the "easier" inferencing part.

Will Meta get to a place where it can use its own silicon for all AI workloads? Potentially, but even at best, TechCrunch claims Meta is only on track for a 2025 chip release with those capabilities.

While some of Meta's CapEx will go toward MTIA, the vast majority is being directed to Nvidia's hardware package, so its AI capabilities are run at as close to 100% (read: competitive) as possible in these "early" AI days.

Meta's findings with its own silicon and AI hardware solution resulted in the same answer as to why Qualcomm ( QCOM) is the 5G leader and Apple is years and billions of dollars behind in producing an in-house modem: decades of experience. Something Nvidia has.

Nearly every major hyperscalers and cloud provider started its business by buying hardware to support a cloud experience. Getting into the silicon race this late in the game for AI workloads will require the same experience as Nvidia to beat it at its own game - even after procuring the same talent from the best houses. But then the battle on two fronts will only allow incumbents like Nvidia to continually pull away.

AI Isn't Going Away, And Nvidia Is In More Demand

Between the outsized supply Nvidia is garnering from Taiwan Semiconductor and the continual struggles Nvidia's customers have with their own silicon and AI packages, it's clear Nvidia's quarter and subsequent quarters into 2024 will remain in outperformance mode. Many are skeptical of the guidance raise, but more are tepid about what lies ahead for Nvidia's next two quarters. Trying to pin down Nvidia's upcoming quarter is difficult after such an explosion in data center AI hardware demand.

My two cents is Nvidia will make a mess out of analyst estimates once again.

Of course, the question is, will the stock continue higher regardless? No, it's quite possible Nvidia will consolidate after its report, which is less than four weeks away. But if the numbers for the July quarter are solid (i.e., closer to $12B than $11B) and the upcoming quarter has a material sequential growth, the stock may only see a shallow pullback. In the meantime, there's not much preventing the stock from making a new all-time high.

I'll be patient and see what the chart looks like going into the print, but for now, things look quite good for the business to keep accelerating and the stock to keep moving higher, even with higher expectations.

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Nvidia AI Growth Substantiated By Taiwan Semiconductor And Meta Reports (NASDAQ:NVDA)

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Earnings reports from Meta and Taiwan Semiconductor (TSM) provide a read-through for coming Nvidia Corporation results. Click for more on NVDA stock prospects.

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Remarkable Journey of a Self-Made Billionaire and the Mastermind behind Builder.ai, Sachin Dev Duggal

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Remarkable Journey of a Self-Made Billionaire and the Mastermind behind Builder.ai, Sachin Dev Duggal

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Sachin Dev Duggal is an Indian-born entrepreneur, technology enthusiast, and self-made billionaire. He is known for his ventures in the technology and software development industry.

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Sachin Dev Duggal, 40, the founder of unicorn startup Builder.ai, an AI-driven software platform, has done it once again. Recently, Builder.ai has raised over $250 million in Series D funding led by Qatar Investment Authority (QIA).

The firm has now received more than $450 million in total since its initial campaign in 2018. With its most recent financing, the company's valuation has increased to nearly 1.8 times that of its $100 million Series C fundraising in March 2022.

Builder.ai allows users to create software by combining components in a manner analogous to stacking reusable Lego bricks.

This low-code, no-code platform allows anybody to develop and maintain apps, from tech-averse craftsmen looking to sell their works online to layout professionals with little to no background in programming or coding.

According to Sachin, "Our team is already investing this capital in our AI and automation capabilities so we can empower our customers more and use new frontier technology responsibly at the same time."

Since January 2022, the company has virtually doubled its workforce and increased the size of its UK headquarters by opening four new offices, including ones in the US, the UAE, Singapore, and France.

The firm has virtually quadrupled its workforce in response to the organisation's record-high customer demand and daily advancements in AI.

A deal with Microsoft that involves a covert stock investment in the business was just made public by Builder.ai.

The most recent amount of funding, according to Duggal, will support the company's continued leadership in the industry and its creative pipeline, enabling greater investments in people, relationships, and technology.

Sachin has always been a businessman at heart. Even before starting Builder.ai, he was the brain behind two other companies.

His first startup, Nivio, was among the world's pioneering cloud computing companies. After reportedly selling Nivio for a whopping $100 million, Sachin put some of this money into Builder.ai.

Sachin launched Builder.ai in 2016 and the company began with a small team of just five people, but it grew dramatically, expanding 180% within six years of its start. The company now has main offices in the UK, US, and India.

Sachin, a serial businessman, got his bachelor's degree in Information Systems from the renowned Imperial College London.

To earn his master's degree, he went to the Massachusetts Institute of Technology & Entrepreneurship Organization, graduating in 2011. Sachin also spent five years as an Advisor & Consultant at Deutsche Bank AG.

From a young age, Sachin was always interested in technology and entrepreneurship. As he stepped out of college, his interest led him to start a cloud computing company. However, his journey was not always smooth. He had a bitter experience while developing a photo sharing app.

Despite being an engineering graduate from Imperial, he found it quite challenging to create software. This led him to think about small businesses like the local bakery and how they would cope with such technological challenges.

This thought sparked a revolutionary idea in Sachin's mind, the idea that later shaped up into Builder.ai.

He realised that while everyone could communicate their needs, software often failed to 'listen'. This was the problem he set out to solve, when he launched Builder.ai.

The company has caught the eye of big-time investors like SoftBank, who have put their money into the company. The company's value has crossed over $1 billion, which makes it a 'unicorn startup'

Iconiq Capital, Jungle Ventures, and Insight Partners were among the additional existing and prospective investors who took participation in the recent Series D deal.

"We are confident that Builder.ai's innovative technology and proven approach positions the company for a future of substantial growth," says Ahmed Ali Al-Hammadi, CIO for Europe, Turkey, and Russia at QIA.

"Since Insight invested a year ago, Sachin Duggal and the Builder.ai team have achieved outstanding accomplishments," Jeff Horing, co-founder and managing director of Insight Partners, declared. "The firm has our full support, and we are happy to be increasing that support".

Due to Sachin's leadership and vision, Builder.ai has grown quite quickly. His ability to foresee market opportunities and apply technology to complex problems has helped the company overthrow the traditional software development industry and usher in a new age of affordable and efficient software development.

Because of its current funding achievement and groundbreaking discoveries, Builder.ai, led by Sachin, will likely transform the software development environment.

By facilitating the availability of software development, the firm helps companies of all sizes integrate the shift to digital and boost their expansion. The subsequent era of innovation from Builder.ai is eagerly anticipated as it promises to revolutionise software development.

Sachin is a person who loves exploring the world. He takes multiple breaks to refresh himself and spend quality time with his family.

Once, he had an amazing travel experience - he had his morning meal in Singapore, lunch the very next day in Tel Aviv, and dinner on the day after that in Tokyo.

But no matter where he is, family is always his priority. He made sure he was back home in Los Angeles to enjoy a relaxed Sunday brunch with his son, Aramnäya. - TWL Bureau

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The Remarkable Journey of a Self-Made Billionaire and the Mastermind behind Builder.ai, Sachin Dev Duggal

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Discover the inspiring journey of Sachin Dev Duggal, the mastermind behind Builder.ai, a unicorn startup. From his humble beginnings to steering Builder.ai to a billion-dollar valuation, Sachin's success story serves as an example of visionary leadership and entrepreneurial spirit

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AI tools are revolutionizing learning and research in today's digital age by providing sophisticated capabilities and effective solutions. These tools make use of artificial intelligence to speed up various tasks, increase output and offer insightful data.

Consensus, QuillBot, Gradescope, Elicit and Semantic Scholar are five well-known AI tools that are frequently used in the learning and research fields.

Consensus

The goal of the Consensus AI search engine is to democratize expert knowledge by making study findings on a range of subjects easily accessible. This cutting-edge engine, which runs on GPT-4, uses machine learning and natural language processing (NLP) to analyze and evaluate web content.

When you pose the "right questions," an additional AI model examines publications and gathers pertinent data to respond to your inquiry. The phrase "right questions" refers to inquiries that lead to findings that are well-supported, as shown by a confidence level based on the quantity and caliber of sources used to support the hypothesis.

QuillBot

QuillBot is an artificial intelligence (AI) writing assistant that helps people create high-quality content. It uses NLP algorithms to improve grammar and style, rewrite and paraphrase sentences, and increase the coherence of the work as a whole.

QuillBot's capacity to paraphrase and restate text is one of its main strengths. This might be especially useful if you wish to keep your research work original and free of plagiarism while using data from previous sources.

QuillBot can also summarize a research paper and offer alternate wording and phrase constructions to assist you in putting your thoughts into your own words. QuillBot can help you add variety to your writing by recommending different sentence constructions. This feature can improve your research papers readability and flow, which will engage readers more.

Additionally, ChatGPT and QuillBot can be used together. To utilize both ChatGPT and QuillBot simultaneously, start with the output from ChatGPT and then transfer it to QuillBot for further refinement.

Gradescope

Widely used in educational institutions, Gradescope is an AI-powered grading and feedback tool. The time and effort needed for instructors to grade assignments, exams and coding projects are greatly reduced by automating the process. Its machine-learning algorithms can decipher code, recognize handwriting and provide students with in-depth feedback.

Elicit

Elicit is an AI-driven research platform that makes it simpler to gather and analyze data. It uses NLP approaches to glean insightful information from unstructured data, including polls, interviews and social media posts. Researchers can quickly analyze huge amounts of text with Elicit to find trends, patterns and sentiment.

Using the user-friendly Elicit interface, researchers can simply design personalized surveys and distribute them to specific participants. To ensure correct and pertinent data collection, the tool includes sophisticated features, including branching, answer validation and skip logic.
5 free artificial intelligence courses and certifications
In order to help academics properly analyze and interpret data, Elicit also offers real-time analytics and visualizations. Elicit streamlines the research process, saves time and improves data collection for researchers in a variety of subjects thanks to its user-friendly design and powerful capabilities.

Semantic Scholar

Understand the purpose of the AI research tool.

Attribute sources properly.

Paraphrase and synthesize information.

Cross-verify information from multiple sources.

Check for copyright restrictions.

Review and edit AI-generated content.

Seek ethical AI tools.

Semantic Scholar is an AI-powered academic search engine that prioritizes scientific content. It analyzes research papers, extracts crucial information, and generates recommendations that are pertinent to the context using machine learning and NLP techniques.

Researchers can use Semantic Scholar to research related works, spot new research trends and keep up with the most recent advancements in their fields.

Striking a balance: Harnessing AI in research responsibly

It's crucial to keep moral standards in mind and prevent plagiarism when employing AI research tools. The use of another person's words, ideas or works without giving due credit or permission is known as plagiarism. While using AI research tools, one may follow the guidelines below to prevent plagiarism and uphold ethical standards:

Though AI research tools might be beneficial for improving your research and writing processes, it is important to uphold academic integrity and observe ethical standards. Always make an effort to give fair credit to others and make sure that your work accurately reflects your own thoughts and understanding.

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Discover the power of cutting-edge AI tools designed to enhance your learning and research experience.

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AI News: Artificial Intelligence Trends And Top AI Stocks To Watch

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AI News: Artificial Intelligence Trends And Top AI Stocks To Watch

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Investors, beware: There's plenty of buzz around artificial intelligence. Like adding dot-com to their name in the 1990s, more and more companies are labeling themselves AI stocks. Firms like Nvidia ( NVDA), Microsoft ( MSFT), Alphabet ( GOOGL), Apple ( AAPL), Adobe ( ADBE) and countless others across a range of industries certainly qualify. Even human-resources leader Workday ( WDAY) has deeply embedded AI and machine learning into its platform.
AI Stocks Cool Off But Amazon, Meta Take Aim At Cloud, Consumer Apps
Simply jumping on that bandwagon, many companies use older data analytics tools and simply label them as AI for a public-relations boost.
Identifying which companies are really AI stocks and actually getting material revenue growth from artificial intelligence can be tricky. For example, is Palantir stock a buy on its Artificial Intelligence prospects?

What Is Artificial Intelligence? Who Uses AI?

AI uses computer algorithms to replicate the human ability to learn and make predictions. Remember, AI software needs computing power to find patterns and make inferences from large quantities of data.
AI Stocks: Tech Giants, Cloud Titans, Chipmakers Battle For An Edge
The two most common types of AI tools are called "machine learning" and "deep learning networks."

Tech titans like Nvidia, Microsoft, Apple and Alphabet certainly qualify as AI stocks.

Amazon has also thrown its virtual hat into the ring. Yet, the e-commerce and cloud giant finds itself playing catch-up in generative AI.

Other such artificial intelligence stocks to watch include Advanced Micro Devices ( AMD), Accenture ( ACN) and Salesforce ( CRM) - just to name a few.

Find The Best AI Stocks To Buy And Watch

As noted, Nvidia is one company that can lay claim to AI-driven growth. Internet and tech companies buy its processors for cloud computing. Nvidia's AI chips also help guide some self-driving cars in early trials.

Startups are racing to build AI chips for data centers, robotics, smartphones, drones and other devices. The rising AI trend has certainly swept up tech giants like Apple, Alphabet, Microsoft and Facebook parent Meta Platforms ( META). They are applying AI software to speech recognition, internet search, image classification and an ever-expanding array of applications. Amazon has already established an integral foothold in AI through cloud-computing services and voice-activated home digital assistants. Just ask Alexa.

Then there are tech companies embedding AI tools in their own products to make them better. Video streamer Netflix ( NFLX) and payment processor PayPal ( PYPL) fit that bill.

Customers of tech companies are expected to increase spending on AI to get productivity gains or a strategic edge on rivals. Applications span banks and finance, health care, energy, retail, agriculture and other sectors.

Bookmark this page to stay on top of AI stocks and the latest trends in artificial intelligence.

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AI News: Artificial Intelligence Trends And Top AI Stocks To Watch

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What is artificial intelligence? And what are the best AI stocks to buy and watch? Track the trend leaders beyond just Nvidia.

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The AI Talent Pipeline: Preparing for a Future of Intelligent Innovation

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The AI Talent Pipeline: Preparing for a Future of Intelligent Innovation

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Building the AI Talent Pipeline: Strategies for Nurturing Future Innovators in Artificial Intelligence

The AI Talent Pipeline: Preparing for a Future of Intelligent Innovation

As the world continues to experience rapid advancements in artificial intelligence (AI) and machine learning, there is an increasing demand for skilled professionals who can harness the power of these technologies to drive innovation and solve complex problems. To meet this demand, businesses, educational institutions, and governments must work together to build a robust AI talent pipeline that can nurture the next generation of AI innovators.

One of the most critical steps in building the AI talent pipeline is to invest in education and training programs that can equip students with the necessary skills and knowledge to excel in AI-related fields. This includes not only traditional computer science and engineering programs but also interdisciplinary programs that combine AI with other disciplines such as biology, finance, and social sciences. By offering a diverse range of educational opportunities, institutions can help students develop a well-rounded understanding of AI and its potential applications in various industries.

Another essential strategy for nurturing future AI innovators is to create opportunities for hands-on learning and real-world experience. Internships, co-op programs, and research projects can provide students with valuable exposure to AI technologies and their practical applications. These experiences can help students build their skills, gain confidence in their abilities, and develop a deeper understanding of the challenges and opportunities associated with AI innovation.

In addition to formal education and training programs, it is also crucial to foster a culture of lifelong learning and continuous skill development. As AI technologies continue to evolve at a rapid pace, professionals in the field must be prepared to adapt and acquire new skills throughout their careers. This can be achieved through ongoing professional development opportunities, such as workshops, conferences, and online courses, as well as informal learning opportunities, such as networking events and mentorship programs.

Another key component of building the AI talent pipeline is to promote diversity and inclusion within the field. Studies have shown that diverse teams are more likely to produce innovative solutions and achieve better results. By encouraging individuals from various backgrounds, genders, and ethnicities to pursue careers in AI, organizations can tap into a broader range of perspectives and ideas, ultimately leading to more effective and innovative AI solutions.

Governments also have a crucial role to play in nurturing the AI talent pipeline. This includes providing funding for AI research and development, as well as supporting educational initiatives that promote AI literacy and skill development. Governments can also help create a favorable regulatory environment that encourages innovation and the responsible use of AI technologies.

Collaboration between businesses, educational institutions, and governments is essential for building a strong AI talent pipeline. By working together, these stakeholders can ensure that the necessary resources, support, and opportunities are available for individuals to develop the skills and knowledge needed to drive AI innovation.

In conclusion, preparing for a future of intelligent innovation requires a concerted effort to build a robust AI talent pipeline. This involves investing in education and training programs, promoting hands-on learning experiences, fostering a culture of lifelong learning, encouraging diversity and inclusion, and facilitating collaboration between businesses, educational institutions, and governments. By adopting these strategies, we can nurture the next generation of AI innovators and ensure that the potential benefits of AI are fully realized across various industries and sectors.

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The AI Talent Pipeline: Preparing for a Future of Intelligent Innovation - EnergyPortal.eu

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Building the AI Talent Pipeline: Strategies for Nurturing Future Innovators in Artificial Intelligence The AI Talent Pipeline: Preparing for a Future of Intelligent Innovation As

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Building.ai has raised $250 million in Series D funding led by Sachin Dev Duggal

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Building.ai has raised $250 million in Series D funding led by Sachin Dev Duggal

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Sachin Duggal, the founder of Builder.ai, has highlighted the growing demand for custom software solutions in the market.

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New Delhi (India), June 15: The Qatar Investment Authority (QIA) led Series D fundraising round for the AI-powered software platform of Sachin Dev Duggal, Builder.ai raised over $250 million, the company reported recently.

The most recent funds bring the company's total amount raised to over $450 million since its first fundraise in 2018. Its latest round brings the company's valuation to about 1.8 times what it was when it raised $100 million in Series C in March 2022. Despite this, the company didn't divulge its valuation.

London-based Builder.ai, a company formed in 2016 by serial entrepreneur Sachin Duggal, provides an artificial intelligence platform that enables users to construct software by mixing elements in a way akin to stacking reusable Lego blocks. Anyone can create and manage applications using this low-code no-code platform, from tech-averse artists wishing to sell their creations online to design experts with little to no programming knowledge.

The firm has almost quadrupled its staff since January 2022 and expanded its UK HQ footprint with four additional offices created since 2021, including the US, the UAE, Singapore, and France. With client demand at an all-time high and AI progressing every day, the organization has nearly doubled its manpower.

"Our team is already investing this capital in our AI and automation capabilities so we can empower our customers more and at the same time use new frontier technology responsibly," said Sachin Dev Duggal, Chief Wizard of Builder.ai.

Builder.ai recently revealed an accord with Microsoft that includes a concealed equity investment in the startup. Duggal claimed that the most recent round of funding will support its endured industry leadership as well as its creative pipeline, enabling additional investments in talent, partnerships, and technology.

Our world is entering an incredible time of change in which the very concept of software is being redefined. "It is only going to grow exponentially," said Sachin Duggal, Chief Wizard and Founder of Builder.ai. Software used to have a shelf life of years but will eventually have a shelf life of a conversation.

Additional current and new investors, such as Iconiq Capital, Jungle Ventures, and Insight Partners, participated in the Series D round.

Ahmed Ali Al-Hammadi, CIO for Europe, Turkey, and Russia at QIA says, "We are confident that Builder.ai's innovative technology and proven approach positions the company for a future of substantial growth".

"Since Insight invested a year ago, Sachin Duggal and the Builder.ai team have achieved outstanding accomplishments. The firm has our full support, and we are happy to be increasing that support", said Jeff Horing, co-founder and managing director of Insight Partners.

Builder.ai has rapidly expanded as a result of Duggal's vision and leadership. His capacity to spot market openings and use technology to tackle challenging issues has enabled the business to upend the established software development sector and usher in a new era of accessible and effective software development.

Builder.ai, led by Sachin Dev Duggal, is anticipated to change the software development environment thanks to its recent investment success and ground-breaking breakthroughs. The company enables businesses of all sizes to embrace digital transformation and accelerate their growth by democratizing access to software development. The world anxiously anticipates Builder.ai's next wave of innovation as it continues to transform the future of software development.

Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times. Hindustan Times does not endorse/subscribe to the content(s) of the article/advertisement and/or view(s) expressed herein. Hindustan Times shall not in any manner, be responsible and/or liable in any manner whatsoever for all that is stated in the article and/or also with regard to the view(s), opinion(s), announcement(s), declaration(s), affirmation(s) etc., stated/featured in the same.

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Sachin Dev Duggal's Unicorn Startup secured $250 Mn from QIA lead in series D funding

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The most recent funds bring the company's total amount raised to over $450 million since its first fundraise in 2018

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Sachin Dev Duggal's Builder.ai raised $25 million

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Sachin Dev Duggal's Builder.ai raised $25 million

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New Delhi (India), June 15: Recently, Sachin Dev Duggal's unicorn startup, an AI-driven software platform, Builder.ai reported raising over $250 million in Series D funding led by Qatar Investment Authority (QIA).

The firm has now received more than $450 million in total since its initial campaign in 2018. With its most recent financing, the company's valuation has increased to nearly 1.8 times that of its $100 million Series C fundraising in March 2022. Despite this, the business remained mum on its worth.

The artificial intelligence platform offered by London-based Builder.ai, a business founded in 2016 by serial entrepreneur Sachin Dev Duggal, allows users to create software by combining components in a manner analogous to stacking reusable Lego bricks.

This low-code, no-code platform allows anybody to develop and maintain apps, from tech-averse craftsmen looking to sell their works online to layout professionals with little to no background in programming or coding.

According to Sachin Duggal, Chief Wizard of Builder.ai, "Our team is already investing this capital in our AI and automation capabilities so we can empower our customers more and use new frontier technology responsibly at the same time."

Since January 2022, the company has virtually doubled its workforce and increased the size of its UK headquarters by opening four new offices, including ones in the US, the UAE, Singapore, and France. The firm has virtually quadrupled its workforce in response to the organization's record-high customer demand and daily advancements in AI.

A deal with Microsoft that involves a covert stock investment in the business was just made public by Builder.ai. The most recent amount of funding, according to Duggal, will support the company's continued leadership in the industry and its creative pipeline, enabling greater investments in people, relationships, and technology.

The whole idea of software is being reinvented as our world enters an amazing period of transition. According to Sachin Duggal, a serial entrepreneur and Founder of Builder.ai, "It is only going to grow exponentially". "Software no longer has the years-long shelf life it once had; instead, it now only has the shelf life of a conversation" he added.

Iconiq Capital, Jungle Ventures, and Insight Partners were among the additional existing and prospective investors who took participation in the Series D deal.

"We are confident that Builder.ai's innovative technology and proven approach positions the company for a future of substantial growth," says Ahmed Ali Al-Hammadi, CIO for Europe, Turkey, and Russia at QIA.

"Since Insight invested a year ago, Sachin Duggal and the Builder.ai team have achieved outstanding accomplishments" Jeff Horing, co-founder and managing director of Insight Partners, declared. "The firm has our full support, and we are happy to be increasing that support".

Due to Duggal's leadership and vision, Builder.ai has grown quite quickly. His ability to foresee market opportunities and apply technology to complex problems has helped the company overthrow the traditional software development industry and usher in a new age of affordable and efficient software development.

Because of its current funding achievement and groundbreaking discoveries, Builder.ai, led by Sachin Dev Duggal, will likely transform the software development environment. By facilitating the availability of software development, the firm helps companies of all sizes integrate the shift to digital and boost their expansion. The subsequent era of innovation from Builder.ai is eagerly anticipated as it promises to revolutionize software development.

(Disclaimer: The above press release comes to you under an arrangement with PNN. PTI takes no editorial responsibility for the same.)

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QIA led series funding provides Sachin Dev Duggal's Builder.ai a sum of $250 Mn

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Pti: QIA led series funding provides Sachin Dev Duggal's Builder.ai a sum of $250 Mn

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Sachin Dev Duggal’s venture Builder.ai got $250 million in a Series D funding round

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Sachin Dev Duggal’s venture Builder.ai got $250 million in a Series D funding round

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Sachin Dev Duggal, founder, Builder.ai

Qatar Investment Authority, the sovereign wealth fund of the Middle Eastern nation, is leading a $250 million Series D funding round in British-Indian serial entrepreneur Sachin Dev Duggal's venture Builder.ai.

Existing and new investors including Iconiq Capital, Jungle Ventures and Insight Partners also participated in the round. The latest round is at about 1.8x times its previous valuation when it raised $100 million in Series C in March 2022. It, however, did not disclose its valuation.

The capital infusion will help the company invest in talent, technology and partnerships, it said in a statement.

The startup has raised over $450 million since its first fundraise in 2018, with backers that include private equity firm Insight Partners and big tech giant Microsoft.

Founded in 2016, London-based Builder.ai offers an artificial intelligence platform that allows users to build software in a manner similar to combining features like reusable Lego-blocks.

"Our team is already investing this capital in our AI and automation capabilities so we can empower our customers more and at the same time use new frontier technology responsibly," said Duggal.

The funding comes at a time when AI, with its automation capabilities, has been the talk of the technology world. Buildere.ai claims to have more than doubled its revenue in the last year. Considering the demand, the company has doubled its headcount since January 2022, expanding its presence beyond the UK to the US, the UAE, Singapore and France. As per LinkedIn, the company has over 450 employees in India.

"We are confident that Builder.ai's innovative technology and proven approach positions the company for a future of substantial growth. This investment is aligned with QIA's strategy of supporting innovative companies shaping the future of the global economy" said Ahmed Ali Al-Hammadi, CIO for Europe, Türkiye and Russia at QIA.

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QIA leads $250-mn funding in British-Indian entrepreneur's Builder.ai

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Qatar Investment Authority, the sovereign wealth fund of the Middle Eastern nation, is leading a $250 million Series D funding round in British-Indian serial entrepreneur ......

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Sachin Dev Duggal, Founder and Chief Wizard of Builder.ai

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Sachin Dev Duggal, Founder and Chief Wizard of Builder.ai

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LONDON, March 2, 2023 /PRNewswire/ -- has been named to Fast Company's prestigious annual list of the World's Most Innovative Companies for 2023 securing number 3 spot in the "Artificial Intelligence" category.

This year's list highlights the businesses at the forefront of their respective industries, paving the way for the innovations of tomorrow. These companies are setting the standard with some of the greatest accomplishments of the modern world. In addition to the World's 50 Most Innovative Companies, 540 organizations are recognized across 54 sectors and regions.

"We're thrilled to be recognized by Fast Company as a leading innovator and especially in the AI space!," said Sachin Dev Duggal, Founder and Chief Wizard of Builder.ai. "We believe that every business, every entrepreneur should feel empowered to unlock their true potential. We're always pushing the boundaries of the perception that creating an app is too difficult - that it's only for a select few with coding skills. This perception restricts creativity and prevents good app ideas from ever getting started. We're here to make software development as easy as ordering pizza; and powering the dreams of the next 100m app builders and it feels great to be recognized for this."

Established in 2016 and headquartered in London, United Kingdom, Builder.ai is a leading AI-powered app development platform that allows anyone with an idea to build an app. The company has been growing at over 300% year on year and, over the last year alone, with over 40,000 features sold to customers.

Breaking software down into its features has been key to Builder.ai's success. Whether it's designed for an entrepreneur or a huge enterprise, most apps contain the same basic features (like login, shopping cart or push notifications). Builder.ai has a library of 500+ of these reusable features, that slot together like Lego. Its customers use some of the world's favorite apps as a base for their idea and then add or remove any features they want. This reduces the time to build their app, as the code stays the same - and it's only the last mile of customisation that changes. The Builder.ai platform also includes Natasha, the world's first software product manager powered by AI, who helps to turn the idea in a customer's head into a delivery plan for their app.

In 2022, Builder.ai closed its Series-C funding round led by Insight Partners, at $100M bringing the company's total funding to $195 million. Late last year, they partnered with Etisalat UAE, giving their customers access to Builder.ai's Studio Store® product, including a range of pre-packaged apps designed to help SMBs take a digital first approach. Their combined forces empower SMBs to scale with software that's accessible, cost-effective and efficient.

Fast Company's editors and writers sought out the companies making the biggest strides around the globe. They also judged nominations received through their application process.

The World's Most Innovative Companies is Fast Company's signature franchise and one of its most highly anticipated editorial efforts of the year. It provides a firsthand look at the inspiring and innovative efforts of companies across all sectors of the economy.

"What a strange and thrilling year it has been to honor this year's Most Innovative Companies. This year's list compiles some of the most cutting-edge groundbreakers who are changing our world every single day, from legacy organizations like McDonald's to upstarts like MrBeast and institutions such as NASA. Everyone on this list does something completely, uniquely different, yet, they all have one thing in common: innovation," said Fast Company editor-in-chief Brendan Vaughan.

Fast Company will host its third annual Most Innovative Companies Summit on April 19 and 20. The virtual summit celebrates the Most Innovative Companies in business, and provides an inside look at cutting-edge business trends and what it takes to innovate in 2023. Fast Company's Most Innovative Companies issue (March/April 2023) is available online , as well as in-app form via iTunes, and on newsstands beginning March 14. The hashtag is #FCMostInnovative.

Builder.ai® is the next generation app development platform for every idea and company on the planet. The AI-powered assembly line fuses together Lego-like reusable features, using Building Blocks™ automation to reduce human effort, leveraging a verified network of experts to vastly extend development capabilities, and producing apps at almost zero failure rate that are multitudes cheaper and faster than traditional software development.

Led by British Indian serial entrepreneur Sachin Dev Duggal, is reshaping how software is built and operated with a suite of products and services, including BUILDER STUDIO, BUILDER CLOUD, BUILDER NOW, STUDIO STORE and STUDIO RAPID. In 2020, was awarded 'Hottest AI Startup' and 2022's "Hottest Scale-Up" at the Europas for Europe's successful tech start-ups and Best COVID-19 Innovation-Recovery at CogX and awarded 'Visionary' in the 2021 Gartner® Magic Quadrant™ for Multi-experience Development Platforms. is headquartered in London, supported by employees and hubs in Delhi NCR, Singapore, Los Angeles, Salt Lake City, Sophia Antipolis and Dubai. For more information, visit www.builder.ai.

and BUILDER are trademarks of Engineer.ai Corp. All other marks are trademarks of their respective owners.
ABOUT FAST COMPANY
Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.

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Builder.ai Named to Fast Company's Annual List of the World's Most Innovative Companies for 2023

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LONDON, March 2, 2023 /PRNewswire/ -- has been named to Fast Company's prestigious annual list of the World's Most Innovative Companies for 2023 securing number 3 spot in the "Artificial Intelligence" category. This year's list highlights the businesses at the forefront of their respective industries, paving the way for the innovations of tomorrow.