AI Roundup: The Government of India has begun preparing regulations for AI. IBM has announced plans to buy AI platforms worth 2.3 billion dollars to bolster its AI offerings.
The IBM Enterprise AI Venture Fund will invest in current and future AI leaders who are helping businesses around the world realise the potential of AI for business.
Zerodha CEO Nitin Kamath reassured employees via Twitter that the company will not lay off employees solely because of the integration of AI into the platform, but at the same time, he is worried about AI-driven layoffs.
Krishna explained that once the model has been created, it can easily be adapted for a hundred or even a thousand different tasks, making it very easy for non-experts to use