| | DECEMBER 20238GENAI LARGE LANGUAGE MODELS NEED TO GO LOCAL: TECH ENTREPRENEURSIndian entrepreneurs emphasized the necessity of constructing large language models (LLMs) for generative artificial intelligence (AI) based on local datasets, saying that the country must utilize the huge volumes of data provided by companies and government entities to train these models.Additionally, they also emphasised on accessing these datasets to train AI models in Indian languages that do not have much material published on the internet"I fundamentally believe that India should have been paying a lot more attention to AI than we have till today. It is more up to the entrepreneurs... and I would say AI for Indians will be more important because we lack the resources available for citizen services like education, health, financial services," said Vijay Shekhar Sharma, founder and CEO, Paytm.He spoke at the Global Partnership on Artificial Intelligence (GPAI) Summit in New Delhi."Unlike a social network or internet search engine, where a western solution can help because it is based on fundamental technologies, here (with AI) there is an obligation for expertise of India, or a model that is trained in India or from data points, whether they are citizen data points or historical data points. It is even more important for us all that we take care of building LLMs or models trained on open source LLMs...and that we don't miss the AI wave on the scale that we're seeing," Sharma added.Similarly, Aakrit Vaish, cofounder and CEO of Reliance Jio-backed conversational AI firm Haptik, stated that AI might usher in a paradigm shift in industries such as education, healthcare, and finance."The challenge in those parts of the economy has been accessibility...and ease of use and functionality. AI democratises all of that," he said. Tata Power announced the signing of a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL) to deploy more than 500 fast and ultra-quick electric vehicle (EV) charging points across India.Tata Power will construct EV charging stations at numerous IOCL retail locations. These EV charging outlets would be constructed in important cities such as Mumbai, Delhi, Kolkata, Bengaluru, Ahmedabad, Pune, and Kochi, as well as major routes such as the Mumbai-Pune Expressway, Salem-Kochi Highway, Guntur-Chennai Highway, and Golden Quadrilateral.This strategic collaboration focusses on building a reliable and expansive intercity charging network which will help alleviate range anxiety for EV owners travelling between cities, as per livemint. "Our partnership with IOCL is a strategic move towards establishing a robust EV charging network in the country. Leveraging IOCL's extensive presence, Tata Power will set up fast and superfast charging points in multiple regions," Virendra Goyal, Head -Business Development-EV Charging, Tata Power, said.EV users will benefit from a smooth EV charging experience via the 'Tata Power EZ Charge' app and the 'IndianOil e-Charge' mobile app, which can be used to locate and reserve chargers at their leisure, according to Tata Power.Saumitra Shrivastava, Executive Director (Retail-N&E) expressed the Corporation's commitment to adapting to the rising trend of electric vehicle penetration. "IOCL envisages to provide 10,000 EV Charging Stations by 2024 transforming retail network to complete energy solutions outlets. With more than 6,000 EV charging stations at present, the company plans to keep expanding its reach. Our strategic partnership with Tata Power is poised to play a pivotal role in responding to this transformative shift. We at IOCL are geared up to overcome challenges and capitalize on opportunities in this area, ensuring a seamless transition towards a more sustainable and eco-friendly mobility paradigm". IN FOCUSTATA POWER & INDIAN OIL PARTNER TO SET UP 500 EV CHARGING POINTS
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