The rising popularity of generative AI has led to the emergence of numerous startups making bold claims, likened to a market bubble by Baidu CEO Robin Li who predicts only one percent will survive. Despite Nvidia’s dominance in AI hardware and tech giants like Microsoft and Google integrating AI into products, the market may face a correction as consumer interest remains tepid. Li remains optimistic about valuable AI products emerging post-correction, highlighting progress in reducing chatbot hallucinations and anticipating a shift in employment over the next few decades.
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Jio announces deal to bring Starlink to India just hours after similar Airtel partnership
Jio Platforms, a subsidiary of Reliance Industries and India's largest telecom operator, has partnered with SpaceX to offer Starlink's satellite broadband internet services in India, pending regulatory approvals. Jio will sell Starlink equipment, support installation and activation, and explore other areas of cooperation with SpaceX. This move comes after a similar partnership announcement by Airtel and SpaceX, signaling a shift towards satellite-based broadband services in India led by major telecom players. Full Article
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