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AI Consumer Courts 💻, boAt Discontinues 🚫, Indian $2M Raise 💰

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Wed, Sep 20, 2023 02:22 AM

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Catch up on the latest in tech, business and startups - all in 5 minutes. AI to be Employed for Redu

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 stories include AI for reducing case backlog in consumer courts, boAt sponsorhip discontinuance, and an Indian entrepreneur raising $2M. 🤝 📰 Help us reach your your friends and colleagues! Share the NextBigWhat newsletter. [Tweet it]( [Whatsapp]( AI to be Employed for Reducing Case Backlog in Consumer Courts: Government - Consumer Affairs Ministry plans to use artificial intelligence (AI) to cut down case pendency in consumer courts. - The National Consumer Dispute Redressal Commission had a record 854 case resolutions in August due to AI and improved processes. - Further, mandatory E-daakhil filings will soon be facilitated via video conferencing; AI will also play a greater role in case analysis and resolution. DeepMind’s AlphaMissense AI Tool Efficiently Forecasts Genetic Disease Likelihood - AlphaMissense, a machine learning model from Google’s DeepMind, can examine missense variants and predict their potential to cause disease with 90% accuracy. - The AI tool, developed by ex-physics student Žiga Avsec, is built on AlphaFold and works akin to a large language model. - It operates by learning the sequence of amino acids in proteins, enabling it to identify deviations, thereby predicting the possibility of genetic diseases. How to start a startup course: The world’s most comprehensive guide [NBW Newsletter Ad]( What we’ll delve into during this course is not just how to dream, but how to do. Starting a startup is not just about having a good idea; it’s a combination of focus, determination, iteration, and often, serendipity. [Enroll]( Amazon Updates Cashierless Checkout System for Clothing with RFID Technology - Amazon announces an update for ‘Just Walk Out’ cashierless system featuring RFID tech, allowing clothing purchases without lining up. - The RFID tech built by Avery Dennison, auto-charges customer’s credit card when they exit the store after picking an item. - Amazon has been testing the new system at the Climate Pledge Arena in Seattle, marking a potential expansion for ‘Just Walk Out’ beyond grocery and convenience stores. Project Gutenberg Uses Synthetic Speech to Create 5,000 Audiobooks - Project Gutenberg has utilized synthetic speech to transform 5,000 of their titles into audiobooks, aided by Microsoft and MIT. - Despite the challenges caused by non-uniformly formatted files, a system was developed to identify and read out suitable texts. - The audiobooks are freely accessible on Spotify, Apple Podcasts, and the Internet Archive, with their creation code available on GitHub. Get NBW News: The short news app for busy professionals. [App Store]( [Google Play]( Online Safety Bill signed into law in the UK, Regulating Online Content - UK parliament passes Online Safety Bill, appoints Ofcom as main internet regulator with powers to impose fines for violations. - This new legislation targets a spectrum of online activities considered harmful, including violence incitement, cyber-bullying, and children accessing adult material. - Despite opposition and concerns over potential impact on web security, privacy, free speech, and digital economy, the government aims to make the UK the safest place to be online. International Criminal Court Hit by Cyberattack - The International Criminal Court reported a cyberattack, with hackers having accessed its internal systems. - The nature of the breach and its impact on the court’s operations are unknown and investigation is ongoing. - In response to the incident, immediate security measures were adopted, with further steps planned in collaboration with host country, the Netherlands. OpenAI Establishes Red Teaming Network for Enhanced AI Model Risk Assessment - OpenAI inaugurates the OpenAI Red Teaming Network, a group of experts aiding AI model risk assessment and mitigation efforts. - Red teaming helps identify biases in AI models like DALL-E 2, ChatGPT and GPT-4, providing an extra layer of security. - The initiative will involve experts from different domains and aims to deepen OpenAI’s collaborations with scientists, research institutions, and civil society organizations. boAt discontinues sponsorship for Shubh’s tour over controversial remarks - boAt withdrew its sponsorship from Canadian singer Shubh’s upcoming tour due to his controversial statements interpreted as supporting Khalistan. - The cancellation came amidst India-Canada’s strained relations, partly because of the singer’s supportive stance towards Khalistan. - Shubh caused upset by sharing a distorted map of India, removing Punjab and Jammu and Kashmir, which escalated the controversy. Indian Entrepreneur Raises $2M to Launch Networking Platform for Startup Founders - Utsav Somani, ex-AngelList India executive, raises $2M for Offline, a networking platform for top Indian startup founders. - Offline will function as an exclusive, paid community with stringent entry criteria and a strict privacy agreement. - The platform gains backing from executives and founders of companies like Groww, Razorpay, Xiaomi, along with VC funds Better Capital, Huddle, and DeVC. TikTok Introduces Tools for Labeling AI-Generated Content - In response to concerns about misleading AI content, TikTok is rolling out a new labeling system. - The new tool, available upon video upload, allows creators to label content as AI-generated. - In addition to manual labeling, TikTok is developing a feature to automatically detect and label AI content. Outschool introduces AI-assisted tool for progress reports and one-on-one tutoring services - Outschool’s AI Teaching Assistant allows tutors to create progress reports quickly and efficiently. - The feature is mainly targeted at tutors offering private lessons, with potential plans to adapt it for group class format. - Outschool has also launched one-on-one tutoring in addition to its group classes, significantly increasing the potential earnings for tutors. NimbusPost Reports FY23 Revenue of Rs 116 Cr, Targets Rs 500 Cr by FY24 - NimbusPost, a five-year-old SaaS-focused logistics firm, sees two-fold growth in FY23 with Rs 116 crore in operating income. - Aside from SaaS fees, the company profits from cost arbitrage and has over 100,000 users and partnerships with 27 logistics and courier companies. - Following a $3 million investment from XpressBess, NimbusPost plans to raise $20 million this year, buoyed by an average monthly revenue run rate of Rs 300 crore. © 2023 Zakti Techmedia Pvt. Ltd. All rights reserved. | [Unsubscribe](

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