Strategy Boffins

News to keep you updated on the Business Landscape

Artificial Intelligence is just pattern recognition

Artificial Intelligence (AI)
30 July, 2023
  • Eight research scientists at Google wrote a short paper “Attention is all you need” which talked about the architecture – the “transformer” in June 2017 and kick started generative AI. You can download the 11 page paper here – “Attention is all you need”
  • Transformers power all large language models including ChatGPT and Bard
  • Nvidia’s A100 and H100 are the chips that companies employ to deploy their AI applications. Here is the A100 product brief. Nvidia includes software and support, especially Cuda toolkit for programming its chips. Download it here – Cuda toolkit 12.2
  • AI can learn and generate patterns at fast speeds dependent on the training data
  • What is the main disadvantage of AI –
    • Someone may feed AI fake or wrong data – Poisoning of AI
    • Less reliable in complex and changing scenarios
    • AI is the mean position and very bad with outliers
    • Reinforcing bias and discrimination
    • Grow rapidly the knowledge to make bioweapons
Bharti Hexacom IPO
SRM Contractors IPO
Bank of Japan Shift from Negative Rates to Impact Global Stock Markets
Gopal Snacks IPO
Overview of Mukka Proteins IPO
Platinum Industries IPO
Asian Paints Shares Drop 4.5%
Byju’s Faces Drastic Valuation Cut Amid Financial Turmoil
GPT Healthcare IPO
Juniper Hotels IPO – Hyatt
Vibhor Steel IPO
Australia Accelerates Clean Energy Transition
CVoter India Today: BJP Projected to Secure Clear Majority in 2024 Indian Elections
Rashi Peripherals IPO
Nykaa’s Q3 FY24 Profits Surge by 105%
Uttarakhand Takes Historic Leap with Uniform Civil Code Bill 2024
Jio Financial Services Q3
Tata Motors Q3 FY24 results
Paytm Navigates Regulatory Storm
Nitish Kumar Resigns as Bihar CM strategic implications

Byju's Faces Drastic Valuation Cut Amid Financial Turmoil

Startup
24 February, 2024

Byju’s, once heralded as a flagship in India’s edtech sector, is grappling with severe financial and operational challenges, marked by a dramatic valuation drop. The company, which sought to stabilize its operations and finances, is now raising funds at a valuation significantly lower than its peak. This development comes amid efforts to address a substantial debt burden, with Byju’s proposing a repayment plan for its $1.2 billion loan. Investor confidence appears shaken, with some stakeholders pushing for drastic changes in leadership to navigate the crisis effectively. The turmoil reflects broader sectoral pressures and raises questions about the sustainability of high-growth trajectories in the edtech industry

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Australia Accelerates Clean Energy Transition Amid Market Shifts and Investment Surge

Energy
10 February, 2024

Australia’s energy market is witnessing significant transitions and investments aimed at bolstering renewable energy infrastructure and securing gas supplies. Key developments include a $179 million investment by the Queensland Government for community battery projects, Santos’ $5.7 billion gas pipeline project following a legal battle win, and a $206 million energy savings package for NSW households. Additionally, the Australian government has secured new gas supply deals to support the east coast market, emphasizing the role of gas in transitioning to a renewable grid.

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CVoter India Today: BJP Projected to Secure Clear Majority in 2024 Indian Elections

India 2024
9 February, 2024

The latest opinion polls, including the Mood of the Nation survey by India Today, predict a comfortable victory for Prime Minister Narendra Modi’s BJP and its allies in the National Democratic Alliance (NDA), with a projected win of 335 Lok Sabha seats in the 2024 general elections. This forecast suggests a slight decrease from the 2019 elections but still ensures a majority. The survey, involving interviews with over 149,000 respondents, reflects Modi’s enduring popularity based on his nationalist policies and economic reforms. Other polls echo these findings, although seat projections vary slightly. The opposition INDIA alliance is expected to secure a significant number of seats, yet not enough to challenge the NDA’s majority. These predictions highlight a political landscape that remains largely favorable to Modi and the BJP as the election approaches

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