Obviously a 40 market share of india and the Indian Diaspora is absolutely huge. These are two huge companies, Reliance Industries is one of the Biggest Companies in the world, owned by asias richest man, Mukesh Ambani mixing that with the huge presence that disney has their means it is a huge disrupterfor that disney has their means it is a huge disrupter for that sector, and itll probably be subject to Regulatory Approval because of that. Turning to the us where its economy grew at an annual pace of 3. 2 from october through december. That figure is less than the commerce departments initial estimate. But consumer spending, which accounts for about 70 of us economic activity, grew by 3 in the same period. Strong exports also contributed to Fourth Quarter growth. From the worlds biggest economy to the worlds Fastest Growing economy indias latest gdp figures later today. Will be released later today. Its economy experienced an impressive first half of 2023. But its growth is expected t
the ceo and co founder of openai, the company behind the artificial intelligence tool chatgpt has been testifying before us congress for the first time. sam altman says the technology has the potential, to revolutionise how people work, shop and interact. us lawmakers have been questioning him , both about the huge benefits the technology can bring and the threat artificial intelligence could pose for humanity. in march, elon musk and other tech leaders published an open letter calling for the development of ai systems to be paused. before we go any further a quick explainer about artificial intelligence. ai allows computers and systems the think in a more human way. it uses problem solving skills based on information that it can access. openai is the name of the company at the centre of the senate hearing. it s run by sam altman and was founded with one billion dollars of support from silicon valley investors. open ai is behind chatgpt which at the heart of the s
legend for a billion dollars over his promotion of crypto exchange, binance. plus 12 months that changed the world one year on from the launch of chatgpt, how is the boom in artificial intelligence transforming the way we do business? hello if you have just hello if you havejustjoined us, you are very welcome. i am sally bundock. i am sally bundock. we start in dubai, where, as you have been hearing, 167 world leaders and 70,000 delegates from business, charities and faith groups are gathering for the latest round of global climate talks, the conference of the parties or cop28. of the parties, or cop28. eight years ago, in paris, nearly 200 nations pledged to keep global warming well below two degrees centigrade above pre industrial levels, and try to limit it to 1.5 degrees. but a recent un report has confirmed the world is not acting fast enough to achieve the paris goals. there is added controversy, this time around, given the event is hosted by one of the world s to
Open ai is behind chatgpt which at the heart of the senate hearing it s a chatbot that gives detailed and often sophisticated answers to online queries. gpta the latest version can even recognise and explain images offering creative suggestions. that has implications for artists and musicians. it all prompted questions about whether and how , ai should it be regulated? it s why sam altman is being questioned in the senate. the european union has already proposed tough measures. at a hearing in the senate, sam altman said ai could be as significant as the invention of the printing press and could improve nearly every aspect of our lives. but he admitted the technology posed serious risks. i thinkjobs and employment and what we do with our time really matters. i agree that when we get to powerful systems the landscape will change,