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India to create three centers of excellence in AI, says Finance Minister 

India three centers of excellence AI
Image Credits: CNBC

As a part of Union Budget 2023, Finance Minister Nirmala Sitharaman on Wednesday announced that the center will create three centers of excellence to boost Artificial Intelligence (AI) in India.

The centers will be established in top Indian institutions to ensure that we make AI in India and make AI work for India.

“Leading industry players will partner in conducting interdisciplinary research, and develop cutting-edge applications and scalable problem solutions in the fields of health, agriculture, and sustainable cities,” said Sitharaman in her speech. 

Read More: UK Government Plans To Regulate Crypto And Protect Consumers

“This will galvanize an effective AI ecosystem and nurture quality human resources in the field,” added Sitharaman.

She added that the centers of excellence for Artificial Intelligence will work to realize the vision of ‘Make AI work for India’ and ‘Make AI in India.’

“The Budget brings laser sharp focus to AI-based skill-development by announcing the establishment of three centers of artificial intelligence,” said Ankita Dabas, Chief Growth Officer, Veative Group.

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Scientists create Analog Quantum Device that could crack previously unsolvable Physics problems

stanford, analog quantum device. quantum simulator
Credit: sutadimages / Adobe Stock

A research team recently presented a paper in Nature Physics describing a ground-breaking analog computer with quantum components i.e. Quantum Simulator. Created by scientists at University College Dublin (UCD) and Stanford University in the US, this device has the potential to shed light on some of the unanswered questions in physics when scaled up. 

The architecture of the new quantum gadget uses hybrid metal-semiconductor components integrated into a nanoelectronic circuit, unlike the classical computers you see in school labs. This analog design offers a means of scaling up the technology from small units to vast networks that can simulate bulk quantum matter. 

While the UCD team handled the theory and modeling, the Stanford team built and operated the device. The UCD team was led by Dr. Andrew Mitchell, Director of the UCD Center for Quantum Engineering, Science and Technology (C-QuEST) and theoretical physicist in the UCD School of Physics. The Stanford team comprises the Experimental Nanoscience Group, under the direction of Professor David Goldhaber-Gordon, and the SLAC National Accelerator Laboratory.

According to Goldhaber-Gordon, by creating a physical model of the problem instead of using computer code, analog devices offer a means to address problems. This idea is like the old mechanical model of the solar system where a crank is turned and gears simulate the movement of the planets. In the past, analog machines were used for complicated math calculations that digital computers couldn’t handle. However, the devices now need to integrate components that adhere to the laws of quantum mechanics to address quantum physics problems. In analog modeling of quantum materials, each electrical component in the circuit acts as a ‘proxy’ for an atom being simulated. While designing the new Quantum Simulator, the researchers ensured that it makes use of small electrical components that function uniformly and can be combined to create larger devices for studying bulk quantum matter. This work could lead to the creation of a new generation of scalable solid-state analog quantum computers.

“Certain problems are simply too complex for even the fastest digital classical computers to solve,” Dr. Mitchell said in a statement. For instance, scientists have been intrigued by the concept of superconductivity and wish to understand superconducting materials better. Currently, superconducting materials, which power MRI scanners and high-speed trains, only function at incredibly low temperatures. Therefore, discovering room-temperature superconducting materials using quantum simulators would be a game changer for the technology’s widespread use. However, this problem cannot be solved using existing digital computers.

Read Also: Unimon: Delving into realm of Superconducting Qubits for Quantum Computing Application

The researchers also had to make sure that the simulator was adjustable so that they could change different aspects of the experiment for better results. To their surprise, the team found most of the existing quantum simulation proposals do not meet all the requirements. Fortunately, Goldhaber-Gordon and his peers came across a solution in the work of French physicist Frédéric Pierre who was studying nanoscale devices. They discovered that the devices Pierre was studying, which were made of metal islands surrounded by electron pools, could match their requirements. These carefully designed electron pools were referred to as two-dimensional electron gases, and the flow of electrons between the pools and the metal island was controlled by voltage-controlled gates. The metal islands were essentially identical, could be tunned with electric leads, and had strong interactions with both the electrons and one another.

Micrograph image of the new Quantum Simulator, which features two coupled nano-sized metal-semiconductor components embedded in an electronic circuit. Credit: University College Dublin

The team discovered that by combining the metal islands, they could build a simple system that could exhibit a quantum-critical phenomenon. They had a difficult time building the devices, but were successful eventually. The device reproduces a model of two atoms connected by an unusual quantum interaction. By tuning the electrical voltages, the researchers were able to create a new state of matter called “Z3 parafermions,” in which electrons appear to possess only a fraction of 1/3 of their usual electrical charge. These states have been touted as the foundation for future topological quantum computation, but they have never been produced using an electrical device in a lab. 

Further, their findings were identical to calculations that took weeks on a supercomputer, implying that researchers may have discovered a more effective method for studying quantum critical phenomena.

Dr. Mitchell explains the team has not built an all-purpose programmable quantum computer with sufficient power to solve all physics problems. But now, they can build analog quantum computers capable of solving some of those problems. The team hopes to create devices with more islands that can simulate large lattices of atoms, to study the behavior of real materials. Prior to this, they plan to enhance their present two-island device. First is making the metal islands smaller for better functionality at accessible temperatures. Second, instead of dropping molten metal pieces onto a semiconductor, develop a more effective approach to creating them. 

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UK government plans to regulate crypto and protect consumers

Image credit: Bankrate

 UK government recently announced ambitious plans to robustly regulate crypto asset activities to provide confidence and clarity to consumers and businesses.

The government is introducing new rules for trading platforms and a new structure regime for cryptocurrency. According to the government, the new rules are a robust approach to mitigate significant risks while harnessing the benefits of crypto technologies. This will enable a new and exciting sector to grow safely and boost jobs and investments.

Read more: MIT researchers develop NOPA (Neurally Guided Online Probabilistic Assistance) Framework

Economic Secretary to the Treasury Andrew Griffith mentioned that the UK government remains committed to growing the economy and enabling technological change and innovation. But the UK government must also protect customers embracing this new technology like cryptocurrency and ensure that it is robust, transparent, and has fair standards.

The new plans will strengthen the rules of financial intermediaries and custodians responsible for facilitating transactions and safely storing customer assets. The UK government can help to deliver a robust, world-first regime by strengthening rules around the lending of crypto assets while enhancing customer protection and the operational resilience of firms.

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ChatGPT Plus: OpenAI Announces ChatGPT Pricing for $20/Month

Chatgpt plus
Image Credit: OpenAI

OpenAI launches a pilot program with ChatGPT Plus, which would cost $20/month. The ChatGPT pricing looks aggressive, given what some of the popular AI content generators offer the service for.

To get access to ChatGPT Plus, you can fill out the waitlist form here.

However, according to the OpenAI blog, the company will continue offering ChatGPT for free. 

As per OpenAI, the subscribers will have numerous benefits like General access to ChatGPT, even during peak times, faster response times, and priority access to new features and improvements.

However, the benefits don’t seem substantial since it is difficult to imagine what new features OpenAI could have in the future. Will they eventually become an alternative to already available AI-content generator platforms like Copy.ai by optimizing it for specific use cases? Would OpenAI start diverting from core research? Or the ChatGPT’s monetization will eventually be managed by Microsoft?

 

While we will have to wait to understand where OpenAI is heading with ChatGPT Plus, for now, the company has announced that it will soon launch the ChatGPT API Waitlist. In January, Microsoft has already announced to add ChatGPT to Azure services.

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Van Heusen, PartyNite Metaverse organize virtual musical concert 

Van Heusen PartyNite Metaverse virtual musical concert
Image Credits: Paytm Insider

Aditya Birla Fashion and Retail’s lifestyle brand, Van Heusen, has entered the metaverse with a virtual musical concert in collaboration with a local pop band called ‘When Chai Met Toast.’

Van Heusen has partnered with PartyNite Metaverse to develop a virtual performance space titled Van Heusen MetaPlay. The virtual space will also showcase the brand’s merchandise.

Viewers can style their avatars with the brand’s latest collections and ensembles and enjoy the show with their friends on the Partynite app. As part of this partnership, attendees can RSVP on Paytm Insider to experience the brand’s metaverse music concert in India.

Read More: Adani To Set Up An AI Lab In Tel Aviv, Israel, To Develop Real Estate

The virtual music concert is set to take place on February 2, 2023. Fans can log in to the PartyNite app once the registration is completed on the Paytm Insider app.

Abhay Bahugune, chief operating officer-Van Heusen, said, “This musical concert is just the perfect amalgamation of fashion, music, and cutting-edge technology that we would like to share with our discerning consumers.” 

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Meta shuts down Move, its social to-do list application 

Meta shuts down Move
Image Credits: TechCrunch

Meta has announced that it will shut down its social to-do list application called ‘Move’ in March. The app allows users to earn points for completing tasks on their personal and group to-do lists.

Launched in March 2022, the application also enables users to use earned points to customize an alpaca avatar with accessories such as sunglasses, hats, clothing, and more.

Move’s goal was to promote group involvement as the avatar’s customization facilitates users to see which members were the most productive, depending on the number of accessories they collected for their alpaca.

Read More: Adani To Set Up An AI Lab In Tel Aviv, Israel, To Develop Real Estate

Move informed its users in an iOS application update published on Sunday that the application will shut down and no longer be available after March 2, 2023. 

New users will not be able to sign-up. However, existing users can log in to download their data before the final closure of the application. In December 2022, the company had announced that it was shutting down its cameo-like app, Super.

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MIT researchers develop NOPA (Neurally Guided Online Probabilistic Assistance) Framework

Image credit: MIT

A team of researchers at Massachusetts Institutes of Technology have recently developed a NOPA-neurally guided online probabilistic assistance framework to allow artificial agents to assist human users at different times. They have introduced the new framework in a paper, which is pre-published on arXiv and will be presented at ICRA 2023.

Researchers aimed to build AI-empowered agents that can simultaneously infer what tasks a human is tackling and assist them appropriately. They have referred to this problem as ‘online watch and help.’

Xavier Puig, one of the researchers, mentioned that they were interested in studying agents to help humans to do tasks in a simulated environment. To achieve this, one of the crucial questions was how to specify the agents whose tasks need help. One option was to specify with a language description or demonstration, but this will require extra work from the human side.

Read more: Dubai International Financial Center unveils its metaverse platform

The NOPA framework uses a neural network that proposes multiple goals based on what the user or human has done. It then evaluates the goals with the help of a reasoning method called inverse planning. 

Researchers explain that one of the examples can be putting apples inside a fridge or on the table. So, instead of randomly guessing at the target location and putting apples there, NOPA-enabled agents can pick up those apples and deliver them to humans. This can help in avoiding mess in the environment.

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Metaverse-related tokens outperform Bitcoin in January 

Metaverse-related tokens outperform Bitcoin in January
Image Credits: Cryptopolitan

Metaverse-related tokens have started the year by outperforming bitcoin by large margins. Bitcoin is the world’s largest cryptocurrency in terms of market value.

Decentraland’s MANA, the native token of the metaverse project, increased by about 145% in January. Decentraland’s price uptick mainly followed after it announced a number of new features a few weeks back. Despite that, the platform’s user figures have not increased significantly.

January’s market surge has witnessed several smaller tokens outshine the big cryptocurrencies by market capitalization. Bitcoin has risen 40% in January, ether 32%, and BNB 32%. Decentraland’s market cap is $1.3 billion, whereas bitcoin’s is $446 billion.

Read More: Binance, Mastercard Announce The Launch Of Binance Card In Brazil

Yield Guild Games, a gaming guild that invests in the play-to-earn world and provides users with on-ramps, has gained 92% in price. The market cap for YGG is $57 million.

Managing partner at blockchain consultancy STORM Partners, Sheraz Ahmed, said the metaverse-related token increase is because “the business potential of such tokens is much more clearer now than it was about a year ago, which in contrast to certain altcoins is not the case.”

“It is clear that Investors have a growing interest in Web3 virtual worlds,” said Ahmed. The total market cap for metaverse-related tokens is currently around $8.5 billion, which is less than 1% of the total crypto market capitalization (now almost $1.1 trillion). Ahmed said that there is plenty of room for growth.

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India-US partner to compete against China in military equipment, semiconductors, and AI

India US partner compete China military semiconductors AI
Image Credits: TOI

The US is launching a partnership with India that will help the countries compete against China in military equipment, semiconductors, and artificial intelligence (AI). The new initiative will also include a joint effort on high-performance quantum computing and space.

Biden wants to deploy more Western mobile phone networks to the subcontinent to compete with China’s Huawei Technologies, to welcome more computer chip specialists from India to the US, and to encourage companies from both countries to collaborate on military equipment such as artillery systems.

Yet the US is facing an uphill battle on each front, including visas for immigrant workers, US restrictions on military technology transfer, and India’s long-standing dependence on Moscow for military hardware. The US seeks to address these issues now. 

Read More: The University Of Cambridge Finds A New Way To Improve The Storage Time Of Quantum Information

Jake Sullivan, Biden’s national security adviser, and Ajit Doval, his Indian counterpart, met with senior officials from both countries at the White House to launch the India-US Initiative on Critical and Emerging Technologies.

“This is another big foundational piece of an overall strategy to put the entire democratic world in the Indo-Pacific in a position of strength. It’s a strategic bet by the two leaders on the idea that creating a deeper ecosystem between India and the United States will serve our strategic, economic, and technological interests,” said Biden’s national security adviser, Jake Sullivan.

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Adani to set up an AI lab in Tel Aviv, Israel, to develop real estate

Image source: The Hindu

Adani Group’s chairman Gautam Adani announced on Tuesday to set up an artificial intelligence lab in Tel Aviv, Israel, at the handing over ceremony of Israel’s Haifa port to Adani Group with Israel prime minister Benjamin Netanyahu.

Gautam Adani mentioned that Adani Group is setting up an AI lab in Tel Aviv to collaborate closely with new AI labs in India and the US. He also has plans for the Haifa port, the acquisition of Haifa port comes with a significant amount of real estate, and Gautam Adani wishes to transform it in the coming years.

Read more: Dubai International Financial Center unveils its metaverse platform

Besides the Haifa port, Adani Group has established critical partnerships with Elbit Systems, Israel Innovation Authority, and Israel Weapons Systems. They are also establishing collaborative relationships with local colleges in Israel, such as the University of Haifa, to encourage new technologies and expertise available in the city.

Adani expressed confidence in transforming the entire Haifa port. He realizes the competition from the others sectors, but his confidence boosts by the people of Israel and their growth stories. Adani aims to make suitable investments in Israel to make the Adani Group proud and the entire of Israel proud. Israel-India relationships take him back to September 1918, when soldiers from Indian cities like Hyderabad, Mysore, and Jodhpur battled for the freedom of Haifa.

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