OpenAI is considering higher-priced subscriptions for its upcoming large language models, including the reasoning-focused Strawberry and a new flagship model called Orion. Internal discussions have suggested prices up to $2,000 per month. This comes as OpenAI’s ChatGPT Plus currently costs $20 a month and has over 200 million weekly active users.
The award will recognise innovations that launch a business or give it a big boost. It should be an original idea that is core to the business or one that provides the differentiation that sets it apart from competition.
In the run-up to the ET Startup Awards 2024 jury meeting on September 11, ETtech will bring you what the jury members expect in a winner.
The Bootstrap Champ will have demonstrated the ability to win customers and earn revenue for at least a year. It should possess the potential to scale into a large enterprise.
The venture debt fund plans debt investments in about 25 startups. The average cheque size will be Rs 20-25 crore, the first of which will be finalised next week. VentureSoul Partners plans to deploy the full fund in the next 15-18 months.
A high-powered jury led by Infosys cofounder and chairman Nandan Nilekani will meet on September 11 in Bengaluru to pick the winners of the tenth edition of The Economic Times Startup Awards (ETSA) 2024. Launched in 2015 to celebrate the fledgling startup economy, ETSA has over the past nine years chronicled the ebb and flow of the Indian entrepreneurship ecosystem.
Industry executives and experts said the industrial metaverse–which refers to the digital world that mirrors the physical world, leveraging the technologies–has found the right price points to generate good returns on investment (RoI) with supporting technologies scaling up. “Industrial metaverse has gone through its waves,” said Sreenivasa Chakravarti, vice president, IOT and digital engineering, TCS.
Industry executives and experts said the industrial metaverse–which refers to the digital world that mirrors the physical world, leveraging the technologies–has found the right price points to generate good returns on investment (RoI) with supporting technologies scaling up. “Industrial metaverse has gone through its waves,” said Sreenivasa Chakravarti, vice president, IOT and digital engineering, TCS.
At the heart of Telangana’s AI strategy is the establishment of the AI City, a 200-acre hub near Hyderabad, dedicated to AI research, development, and application. He said the project would place Telangana at the epicentre of global AI innovation, offering cutting-edge compute facilities, expansive data lakes, and robust connectivity.
The AI market is expected to grow to $2 trillion by 2030. As of last year, 73% of US companies across industries are utilising AI in some form. However, as businesses across the globe increasingly recognise the potential of AI to drive growth and innovation, many need help to implement these technologies effectively.