Innovation NewsFeed

Modi Meets Meta Exec on Uplifting India with AI

Indian Prime Minister Narendra Modi had a detailed discussion with Meta executive Sundar Pichai's colleague, Vinodh Kumar Sikka, about the impact of artificial intelligence (AI) on India. The meeting focused on how AI can be used to uplift people while upholding democratic values.

https://www.thehindu.com/news/national/india-committed-to-taking-lead-in-ai-says-pm-modi-after-meeting-ex-infosys-ceo/article69061112.ece

PALIT Unveils Pandora with NVIDIA's Jetson Chip

PALIT has released its first AI computer, the Pandora, which is powered by NVIDIA's Jetson Orin NX SUPER chip. The device is designed to support generative AI applications and is expected to be priced and released soon.

https://www.techradar.com/pro/key-nvidia-partner-unveils-a-tiny-mini-pc-build-for-ai-that-has-a-unique-feature-3d-printed-designs

UAE Tops Global List for Work Visas in 2023

The UAE is expected to see a growing demand for highly skilled professionals, particularly in AI and fields leveraging AI technologies across various industries. According to a report by Deel, a global HR management company, the UAE ranked as the top choice for workers seeking work visas worldwide. The country also secured the fourth spot globally in the InterNations ranking of the best countries for expatriates to live and work. Experts predict that AI will significantly shape the UAE's job market in 2025, with professionals expected to focus on problem-solving, continuous learning, and relationship-building. Industries such as marketing, technology, and healthcare are expected to be significant employers of fresh graduates, including software engineers due to AI advancements and healthcare practitioners in response to population growth and diverse health needs. The UAE's economic expansion is also expected to positively impact the job market, with a 5.1 per cent growth forecast by the International Monetary Fund.

https://www.gulftoday.ae/business/2025/01/04/ai-and-economic-growth-shaping-uaes-labour-market

US Braces for AI Autonomy Revolution Challenges

The US is on the cusp of a digital revolution with generative AI technology poised to move beyond integration into autonomy, but challenges lie ahead in its development and implementation.

https://www.manilatimes.net/2025/01/05/business/sunday-business-it/fearless-forecast-2025-skilled-workforce-driving-digital-transformation/2030292

AI Demand Surges, Energy Consumption on the Rise

The increasing demand for artificial intelligence (AI) is expected to lead to a significant surge in energy consumption, potentially outpacing supply and hindering its development. Data centers that support AI models such as GPT-4 and Gemini currently account for around 3% of the US's annual electricity usage, but this share is projected to more than double in the next five to ten years. According to estimates, AI's energy consumption could reach 93 terawatt-hours by 2030, surpassing Washington State's total energy consumption in 2022.

https://www.japantimes.co.jp/commentary/2025/01/03/world/ai-energy-demands/

GenGenAI Wins CES Innovation Award 2025

NAVER D2SF's portfolio company GenGenAI received the Innovation Award at CES 2025 for its AI synthetic data technology. The company, founded just three months prior, specializes in generating diverse sectors such as mobility, defense/military, and security/surveillance using domain-specialized generative AI technology. Its platform, "GenGenStudio," can efficiently generate data essential for AI training, reducing collection time by over 90% and costs by more than 50%. GenGenAI is expanding its client base domestically and internationally, collaborating with companies such as automakers, parts suppliers, the Korean Army, and Hanwha Systems. The company has validated the excellence of synthetic data through feedback from clients, achieving AI accuracy on par with or exceeding that of real data when using only its own synthetic data.

https://www.prnewswire.com/news-releases/naver-d2sf-backed-gengenai-wins-ces-2025-innovation-award-driving-global-growth-with-unique-generative-ai-synthetic-data-technology-302341092.html

Pete Erickson Forecasts AI Revolution at CES 2025

Pete Erickson, Founder and CEO of Modev, predicts that CES 2025 will be a turning point in the development of artificial intelligence (AI) and its applications in healthcare. The NeuroTech conference is expected to showcase cutting-edge innovations in neuroimaging, AI-driven diagnostics, and personalized treatments for neurological disorders. Representatives from companies such as Muse, Kernel, Katalyst, BrainPatch, and BrainSpec will discuss their latest advancements and the evolving impact of NeuroTech on society, health, and human potential. The conference aims to spark meaningful dialogue, uncover actionable insights, and foster partnerships among industry leaders, media professionals, and attendees.

https://www.businesswire.com/news/home/20250103896295/en/Modev-Unveils-Speaker-Lineup-and-Sponsors-for-Cutting-Edge-CES-Events-NeuroTech-and-The-AI-House

US, China, EU Drive LLM Patent Boom

The patent activity in Large Language Model (LLM) technologies has shown a consistent upward trend from 2010 to 2024, driven by advancements in natural language processing and machine learning algorithms. The United States, China, and the European Union are leading contributors to this growth, reflecting their strategic focus on AI innovation and deployment. A market analysis of LLMs reveals commercial trends, including sales data, regional dynamics, and key stakeholders such as companies operating in these regions. By linking patent trends with market performance, opportunities for LLM applications across industries like healthcare, education, and customer service are identified. Technological advancements in areas such as transformer-based architectures, multimodal learning systems, and domain-specific AI models have driven applications in predictive analytics, content generation, and conversational interfaces, showcasing the diverse potential of LLM technologies.

https://www.businesswire.com/news/home/20250103875573/en/Large-Language-Models-LLM-Patent-Landscape-Report-2024-Analysis-of-13418-Patents-Filed-Since-2010-as-Organizations-Worldwide-Accelerate-their-Focus-on-AI-driven-Innovations---ResearchAndMarkets.com

Carmi Levy Forecasts Agentic AI Boom by 2025

Carmi Levy, a writer and technology expert, predicts that agentic AI will be the next major innovation by 2025. Agentic AI is a type of artificial intelligence program that can perform tasks on computers and smartphones, such as opening browsers, new tabs, and downloading apps. According to Levy, this technology has the potential to revolutionize the way people interact with their devices.

https://www.ctvnews.ca/sci-tech/the-next-big-thing-in-ai-in-2025-according-to-one-tech-analyst-1.7162325