Tech Companies Current Affairs 2024
Stay updated on the latest current affairs related to “Tech Giants in the News” for the year 2024. In this blog post, we cover the newest developments in the tech world, including big companies like Google, Microsoft, and Nvidia. We also dive into the latest news about e-commerce giants like Amazon and Flipkart, as well as social media platforms such as Facebook, Twitter, Instagram, and WhatsApp. Stay informed with the latest in science and technology as we explore the intersection of digital commerce and social networking.
October 2024
Technology and AI Innovations
- Meta announced its new free and open-source large language model (LLM), Llama 3.2, introducing visual processing capabilities.
- Ministry of Skill Development & Entrepreneurship (MSDE) partnered with Meta to launch an AI Assistant for the Skill India Mission and establish 5 Centers of Excellence in Virtual Reality (VR) and Mixed Reality (MR) at National Skill Training Institutes in Hyderabad, Bengaluru, Jodhpur, Chennai, and Kanpur.
- Government of India and Meta launched a “Scam Se Bacho” National User Awareness Campaign to combat scams and cyber frauds.
- Google partnered with Kairos Power to power its AI data centers with nuclear energy sourced from small modular reactors (SMRs).
- Google announced a major update to its AI model Gemini, incorporating the Imagen 3 image generation model to enhance the visual capabilities of the Gemini chatbot.
Clean Energy Initiatives
- Adani Group and Google partnered to enhance sustainability efforts and support clean energy growth in India.
AI Collaborations in India
- Nvidia Corp partnered with Reliance Industries to build an AI computing infrastructure and an innovation center in India.
- Nvidia and Tech Mahindra launched a Center of Excellence (CoE) to advance large language models (LLMs), agentic AI, and physical AI.
- Infosys launched its small language models, Infosys Topaz BankingSLM and Infosys Topaz ITOpsSLM, using the Nvidia AI Stack.
- Zoho Corp partnered with Nvidia to integrate LLMs into SaaS applications, benefiting over 7,00,000 global customers.
- E2E Networks partnered with Nvidia to introduce NVIDIA H200 Tensor Core GPUs to the Indian market.
September 2024
- HCLTech, Noida has been named the No.1 India-headquartered company in TIME magazine’s World’s Best Companies 2024 list. Globally, the list is topped by Apple.
- ReNew Power Private Limited has signed a clean power sale agreement of 437.6 MW with Microsoft Corporation to produce over 1 million units of green electricity attributes annually.
- OpenAI has released a new Artificial Intelligence model called ‘o1’, a large language model trained with reinforcement learning for complex reasoning.
- Google has been announced as the title sponsor of the 2024 International Chess Federation (FIDE) World Chess Championship match between Ding Liren (China) and D. Gukesh (India).
- Google DeepMind’s India unit is leading a major AI project called Morni to create an open-source database of speech data from different Indian languages.
- Leaders from India or of Indian descent such as Sundar Pichai, Ashwini Vaishnaw, Anil Kapoor, and Nandan Nilekani were included in the TIME100 Most Influential People in AI 2024 List.
January to August 2024
Open AI
- Open AI introduced GPT-4o Mini, a cost-efficient small AI model aimed at affordable and less energy-intensive technology.
- Open AI is working on a novel AI approach under the project code-named “Strawberry”.
- Open AI developed a tool to detect whether its AI chatbot has been used for writing essays, research papers, or generating photos.
- Open AI announced the development of an AI-powered search engine called SearchGPT.
- CriticGPT, an AI tool based on GPT-4, was unveiled by OpenAI to help detect errors produced by ChatGPT.
- OpenAI is set to release a new AI model called ‘GPT-4o’, capable of realistic voice conversation and interaction across text and images.
- OpenAI has launched the text-to-video AI model “Sora”.
- OpenAI has unveiled its latest innovation known as Voice Engine.
- OpenAI has released a more advanced version of its AI-powered robot designed to work in school settings named ChatGPT Edu.
Anthropic
- Anthropic has launched the AI models “Claude 3 Haiku”, “Claude 3 Sonnet”, and “Claude 3 Opus”.
- Anthropic has launched its latest Artificial Intelligence model called ‘Claude 3.5 Sonnet’.
AMD
- Recently, AMD has partnered with the Society for Innovation and Entrepreneurship (SINE), an incubator at IIT Bombay, to provide grants to IIT Bombay-incubated startups working on the development of energy-efficient Spiking Neural Network (SNN) chips.
Apple
- As per the recently released ‘BrandZ Most Valuable Global Brands’ report, Apple is the world’s most valuable brand for the third year.
Nvidia
- Nvidia Corp. has recently become the most valuable company in the world.
- Nvidia Corp. is making a new AI chip platform called Rubin.
- Nvidia Corp. has become the first computer chip company ever to hit $3 trillion in market capitalization.
IBM
- Recently, the Gujarat government has signed an MoU with IBM to establish and promote an AI Cluster at Gujarat International Finance Tec-City (GIFT City) in Gandhinagar, Gujarat.
- Recently, the Kerala government, in partnership with IBM, hosted India’s first International GenAI Conclave in Kochi. The event was also supported by the Departments of Industries & Commerce, Electronics & IT, Digital University, Cochin University of Science and Technology (CUSAT), and Kerala Technological University.
Tech Mahindra
- Tech Mahindra has recently launched ‘Project Indus’, an indigenous foundational model. This model is designed to converse in multiple Indic languages and dialects.
Microsoft
- PwC India partnered with Microsoft India to enhance cybersecurity through advanced incident response and recovery capabilities.
- GitHub, associated with Microsoft, announced GitHub Models, an interactive sandbox environment allowing developers and engineers to explore various AI models for free.
- Microsoft has launched the “AI Odyssey” initiative, a program aiming to train 100,000 Indian developers in the latest AI technologies.
- Microsoft has introduced the “ADVANTA(I)GE INDIA” initiative to equip 2 million Indians with AI skills by 2025.
- Microsoft has detected covert, targeted malicious activity by the hacking group “Volt Typhoon”, which is based in China, targeting US critical infrastructure.
- The International Centre for Entrepreneurship and Technology (iCreate) has signed an MoU with Microsoft to launch the iMPEL-AI (iCreate-Microsoft Programme for Emerging Leaders in Artificial Intelligence) program in India.
- Microsoft and OpenAI are planning a data center project that could cost $100 billion.
- The online learning platform Shiksha Reform has been launched as a collaborative effort between Microsoft and Finland’s Kajaani University of Applied Sciences.
- IBM Consulting and Microsoft have announced a collaboration to launch the IBM-Microsoft Experience Zone in Bengaluru.
- Tech Mahindra has collaborated with Microsoft to launch a unified workbench on Microsoft Fabric.
- Microsoft has introduced the VASA-1 AI model, which can produce hyper-realistic talking faces from just a single portrait photo.
- Microsoft has launched the lightweight artificial intelligence model called Phi-3-mini.
- The Indian Cyber Crime Coordination Centre (I4C), established under the Ministry of Home Affairs, has collaborated with Microsoft to block more than 1,000 Skype IDs involved in blackmail, extortion, and “digital arrests”.
- Microsoft has unveiled the Artificial Intelligence-enhanced “Copilot+” Personal Computer.
🔘Google will soon launch the Agricultural Landscape Understanding (ALU) Research API, a tool designed to make agricultural practices more data-driven and efficient.
🔘Google Fi wireless introduced the ‘Number Lock’ security feature, empowering users to prevent SIM swapping cybersecurity threats.
🔘A Google employee created the world’s first AI dress known as Medusa dress.
🔘In the ‘Brand Inclusion Index 2024’, Google ranked as one of the most inclusive brands in India, released by Kantar.
🔘Google introduced IndicGenBench, a benchmark to evaluate generation capabilities of Large Language Models on Indic languages.
🔘Andhra Pradesh announced a partnership with Google to implement Artificial Intelligence (AI) applications across various sectors.
🔘Google has announced the 2nd edition of its Google News Initiative (GNI) Indian Languages Programme (ILP) to provide next-generation tools for newsrooms working with Indic languages, partnering with Mediology for the initiative.
🔘Google DeepMind and Stanford University have recently unveiled a humanoid robot named Mobile ALOHA.
🔘Google has announced the launch of its AI video model “Lumiere”.
🔘Google is set to establish an AI Centre of Excellence at the Indian Institute of Information Technology (IIIT), Nagpur.
🔘Google DeepMind has launched a generative AI model called “Genie”.
🔘Google has partnered with the “Shakti – India Election Fact-Checking Collective” project.
🔘Google is a mission partner for the “MethaneSAT” satellite, launched aboard a SpaceX Falcon9 rocket from California.
🔘Google DeepMind has unveiled an AI gaming agent called “SIMA” (Scalable Instructable Multiworld Agent).
🔘HCL Tech has partnered with Google Cloud to create industry solutions and drive business value with Gemini.
🔘Project Nimbus, which was recently in the news, is associated with Google.
🔘Google has developed TacticAI, an AI system providing tactical insights, particularly on corner kicks in football.
🔘Google recently released a doodle on Hamida Banu, who was associated with wrestling.
🔘Google has unveiled a more powerful version of AlphaFold, an AI technology that helps scientists understand the behavior of microscopic mechanisms in human cells.
🔘Google has launched a secure and private digital purse called Google Wallet for Android users in India to store cards, passes, tickets, keys, or IDs.
🔘Google has partnered with Kochi Metro Rail Limited to enhance digital ticketing options for metro users.
🔘Google Arts & Culture, in collaboration with the Ministry of Agriculture & Farmers Welfare, has organized a digital exhibition titled “Millets: Seeds of Change” in Delhi.
🔘Google has introduced a new multimodal AI agent called ‘Project Astra’, capable of answering users’ queries in real-time via text, audio, or video inputs.
🔘Google has unveiled a new product called ‘Gemini Flash 1.5’, designed for chat and complex tasks requiring a fast response.
🔘Soket AI Labs, in collaboration with Google Cloud services, has announced the launch of an open-source multilingual foundation model, ‘Pragna-1B’.
🔘Google has introduced PaliGemma, the company’s first vision-language model in the Gemma family of open-source models.
🔘Google has launched Trillium, a 6th generation Tensor Processing Unit (TPU) that improves AI data center performance nearly five times faster.
🔘Google has expanded the accessibility-focused ‘Project Gameface’ on Android.
OTT Platform
- Union Minister Anurag Singh Thakur recently launched the first season of “Swaraj” on the OTT platform Amazon Prime Video.
META
🔘Meta collaborated with the Karnataka government to launch the ‘Digital Nagarik and Augmented Reality / Virtual Reality (AR-VR) Skills’ Programme aimed at cybersecurity awareness.
🔘Meta launched a new AI text-to-3D generator, capable of creating 3D models for real-world application rendering.
🔘Recently, Atal Innovation Mission (AIM), NITI Aayog, partnered with Meta to establish Frontier Technology Labs (FTLs) in schools across India.
🔘Meta has released its latest large language model, Llama 3.
🔘The European Union has initiated a probe against Apple, Alphabet, and Meta under the Digital Markets Act (DMA).
🔘Meta has collaborated with the Press Trust of India (PTI) under its third-party fact-checking program in India.
🔘Meta Platforms will set up its first data center in India in Chennai.
🔘Meta Platforms has announced the launch of its new artificial intelligence (AI) assistant, Meta AI, which will be powered by Llama 3.
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E-commerce
Amazon in News
🔘Amazon is developing a new AI model codenamed “Olympus.”
🔘Amazon Web Services (AWS) signed an MoU with ISRO and IN-SPACe to use cloud computing to support space-tech innovations.
🔘India Post has recently signed an MoU with Amazon to boost the digital economy and extend support to Micro, Small, and Medium Enterprises (MSMEs).
🔘Amazon India has signed a Memorandum of Understanding (MoU) with the Entrepreneurship Development Institute of India (EDII) and the Cottage and Rural Industries Department, Gujarat, to support and promote e-commerce exports.
🔘Amazon India has launched its first-ever floating store on Dal Lake in Srinagar under its “I Have Space” program.
🔘The Ministry of Information and Broadcasting has signed an agreement with Amazon India to collaborate in the media and entertainment space.
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Shiprocket and Pickrr
India Post has signed an MoU with both Shiprocket and Pickrr to enhance e-commerce delivery services.
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