ISRO Success 🚀, ONDC in a Box 📦, IRS AI 🤖

Catch up on the latest in tech, business and startups - all in 5 minutes. [Newsletter Banner] Daily News Roundup Welcome to today's edition of the NextBigWhat Daily News! Today's top stories include ISRO's Aditya L1 success, HSBC's 'ONDC in a Box', and IRS AI for Tax Violations. 🚀💸🤖 Help us reach your your friends and colleagues! Share the NextBigWhat newsletter. [Tweet it]( [Whatsapp]( G20 members commit to tripling renewable energy, but no consensus on fossil fuel phase-out - G20 leaders agreed to triple renewable energy and boost funds for climate-related disasters, but made no progress on phasing out coal. - The G20 countries, which account for 80% of global emissions, agreed on the first-ever needed amount to shift to clean energy – $5.9 trillion by 2030 and an additional $4 trillion annually till the end of the decade. - Experts are hopeful for an ambitious agreement at the upcoming COP28 event in Dubai, although concerns remain over the absence of a plan to reduce dependency on fossil fuels. Unreleased Elon Musk Biography Reveals Hidden Third Child with Grimes - Biography reveals Musk’s 10th child, Techno Mechanicus with Grimes. - Their relationship has been ‘fluid,’ despite having three kids. - Biography by Walter Isaacson also details Musk’s interference with a Ukrainian Starlink operation. Play Nice But Win - Michael Dell (Book Summary) [NBW Newsletter Ad]( SAVE TIME. GET KEY IDEAS FROM THE BOOK ON ATOMICIDEAS Play Nice But Win is a riveting account of the three battles waged for Dell Technologies: one to launch it, one to keep it, and one to transform it. [Get it]( AI Development Causes Surge in Water Consumption, Raising Environmental Concerns - To develop AI systems like ChatGPT, Microsoft and OpenAI use large amounts of water for cooling data centers in Iowa. - Microsoft’s global water consumption rose 34% from 2021 to 2022 due to AI research, with AI ChatGPT estimated to utilize 500ml of water per 5 to 50 prompts. - Microsoft and OpenAI are researching ways to measure AI’s energy and carbon footprint, aiming for improvements in efficiency and setting sustainability goals for 2030. Android 14 introduces convenient mute function via one-tap shortcut - Android 14’s output switcher presents a one-tap shortcut, allowing for smooth muting and unmuting. - This feature works with on-device speakers, Bluetooth headphones, Pixel Tablet’s Dock speaker, and other Cast targets. - The Android 13 version required users to slide all the way down or tap extremely carefully to mute. Get NBW News: The short news app for busy professionals. [App Store]( [Google Play]( ISRO’s Aditya L1 Conducts Successful Third Earth-bound Manoeuvre - Aditya L1, India’s solar mission satellite, successfully performed its third earth-bound maneuver. - The satellite is on scheduled for its fourth manoeuver and is to reach a stable orbit around the Lagrange Point 1 (L1). - This strategic placement will allow continuous monitoring of the Sun and predict solar activities with reduced need for frequent orbital maintenance. HSBC bank introduces ‘ONDC in a Box’ in India - With this launch, HSBC India makes history as the country’s first foreign bank to provide an ONDC-enabled product. ‘ONDC in a Box’ is a one-stop-shop proposition for corporates towards seamless enablement on ONDC. - In addition to front-end applications like the buyer app, seller app, reconciliation service provider, and issue and grievance management, the ecosystem partner’s proposal also contains ONDC modules. US-India Plans for First Indian Astronaut on ISS in 2024 - During Prime Minister Modi’s visit to the US, plans were discussed to send the first Indian astronaut to the International Space Station (ISS) in 2024. - A joint statement reveals that the Indian Space Research Organisation (ISRO) and NASA have begun discussions on cooperation for this mission. - The leaders also discussed the formation of a working group for commercial space collaboration under the India-US Civil Space Joint Working Group. India to allow NRIs in UK to pay bills across borders using Bharat BillPay - Through the Bharat Bill Payment System, India plans to increase its presence for international bill payments in the UK. - With this, non-resident Indians there will be able to use the system for direct payments toward bill payments through a variety of methods, including wallets, debit and credit cards, UPI, and NEFT. Roblox Introduces Voice-Enabled Avatar Hangouts with Facial Motion Tracking - Roblox plans to launch Roblox Connect, a virtual hangout that allows users to make voice-based calls with avatars mirroring their facial expressions. - The company aims to expand to more realistic avatar movements and increase usability among older users, enhancing its identity beyond being a game platform for children. - Roblox will also be available on PS4 and PS5 from next month, augmenting its cross-platform strategy. AI-generated Drake, The Weeknd track not Grammy eligible, says Recording Academy CEO - The track ‘Heart on My Sleeve’ mimicking Drake and The Weeknd was not eligible for a Grammy due to vocals not being cleared. - The Recording Academy CEO, Harvey Mason Jr., emphasized that songwriting was human though AI-generated, but the content’s legalities were problematic. - The song’s creator ‘Ghostwriter’ has released a new AI-simulated track post its removal from streaming platforms. Artificial Intelligence Adopted by IRS to Identify Tax Violations Among Wealthy - AI tools will change how the IRS issues audits, prioritizing wealthy taxpayers possibly involved in tax evasion. - Wealthy individuals, hedge funds, real estate investment partnerships, and law firms suspected of skirting tax rules will be targeted; about 1,600 taxpayers owe hundreds of millions in unpaid taxes. - Nearly 90,000 additional staff were hired by the IRS last month to improve taxpayer services and facilitate the AI program. Amazon Implements New Rules for AI-Created Material Disclosure - Amazon is requiring authors to disclose use of AI-generated material, appreciated by The Authors Guild. - AI-generated content is differentiated from AI-assisted content, which doesn’t require disclosure. - Though Amazon doesn’t presently publicly identify AI books, the policy may be revised in the future. © 2023 Zakti Techmedia Pvt. Ltd. All rights reserved. | [Unsubscribe](