Technology - NewNerve

Apple’s OpenELM: An Open Language Model for iPhone and Laptops, 2024

26Apr

By AnkitNo Comments

AI, Business, Technology

Apple’s OpenELM: An Open Language Model for iPhone and Laptops, 2024

Apple, a tech giant known for its innovation, has recently unveiled a new open-source language model called OpenELM. This model is designed to run efficiently on iPhones and laptops, promising exciting possibilities for AI applications in Apple devices. What Is OpenELM? OpenELM stands for Efficient Language Model and is part of Apple’s broader strategy to enhance AI capabilities on its devices. The company aims to enable local execution of AI models directly on iPhones and other Apple hardware. By doing so, Apple seeks to empower developers and users with powerful language processing capabilities without relying solely on cloud-based services. OpenELM, or Open-source Efficient Language Models, is a series of open-source AI models developed by Apple. Here are some key details: On-...

India’s AI Ascent: Microsoft Asia President Forecasts a Tech Revolution, 2024

6Apr

By Ankit1 Comment

AI, IndiaAI

India’s AI Ascent: Microsoft Asia President Forecasts a Tech Revolution, 2024

In a recent blog post, Ahmed Mazhari, President of Microsoft Asia, expressed his optimism about India's potential to lead and innovate in the field of artificial intelligence (AI). Mazhari highlighted India's significant contributions to global AI development, emphasizing its vast pool of AI talent and innovation. Microsoft Asia President Anticipates Leadership and Innovation India’s technological prowess is set to take a quantum leap in the artificial intelligence (AI) domain, as predicted by Microsoft Asia President Ahmed Mazhari. With a vibrant ecosystem of innovation and a burgeoning pool of tech talent, India is poised to lead and innovate in the global AI landscape. The Catalyst of Change: Mazhari’s recent blog post underscores India’s significant economic and technological grow...

Revolutionizing Finance Globally and Locally: Exploring Neobanks

1Feb

By Ankit1 Comment

Blog

Revolutionizing Finance Globally and Locally: Exploring Neobanks

The Rise of Neobanks: A Global and Indian Perspective Introduction: In the fast-paced world of finance, a new player has emerged on the scene, changing the way we perceive and interact with traditional banking – Neobanks. These digital disruptors are not your typical brick-and-mortar banks; instead, they are sleek, agile, and entirely online. Let's delve into the global and Indian context of neobanks to understand how they are reshaping the financial landscape. Global Overview: Neobanks, also known as challenger banks or digital banks, have gained significant traction worldwide, challenging the dominance of traditional banking institutions. Unlike traditional banks, neobanks operate exclusively in the digital realm, with no physical branches. Their existence is facilitated by cutting-e...

Fintech Magic: Making Money Simple and Fast for Young Indians

1Feb

By Ankit4 Comments

Blog

Fintech Magic: Making Money Simple and Fast for Young Indians

Exploring the Charm of Fintech: A Tale for Our Young Desi Minds Ram Ram doston! Have you ever wondered about the enchanting world where paisa meets technology? Well, that's Fintech in literal terms! Today, let's embark on a journey to demystify the wonders of Fintech in simple words that even our youngest friends can understand. What is Fintech? Using the power of technology to make money matters simpler, fast, and more enjoyable! It's a fusion of "Finance" and "technology." Imagine your piggy bank having its own tez dimaag and superpowers – that's what Fintech is all about! How does it work? Think about how you receive your pocket money. Usually, it's a physical exchange – a few coins or notes handed over to you. Fintech changes this game by making money digital. It's like having...