AI is becoming deep-rooted across processes and industries and holds immense promise. As the technologies advance, navigating the complexities of IP in AI becomes increasingly important. This need for IP is driven by the desire to protect innovation, create competitive advantages, monetize assets, attract investment, ensure legal protection, and contribute to the overall growth and success of AI-driven companies.

Moreover, Governments and organizations worldwide are recognizing the need for comprehensive regulations to ensure AI's responsible development and deployment.

Tune in to learn:

• ‘IP’ challenges for Gen ‘AI’ applications
• What is IP?
• Need for human guidance and oversight in developing and using AI technology
• The changing AI regulatory landscape

In the second session of the series, we engage in a discussion with Vinay Kumar, Founder and CEO of Arya.ai, on key factors influencing the growth trend in AI hardware, the growth of GPUs, companies and products in the market and the future of AI hardware.

In May 2023, the Washington Post coined NVIDIA as the 'kingmaker thanks to the AI boom', mentioning them as one of the most valuable companies in the world - their market value surpassed $1 trillion. 'AI hardware' is now being looked at as the beginning of a new market, with multiple startups joining the race.

UBS research confirmed ChatGPT as the "fastest-growing consumer application in history". The launch of ChatGPT was widely regarded as a significant milestone in AI technology and became one of the most important news event of the past year.

Even though the technology is nascent, it has sparked newfound discussions of its potential use cases in the Banking, Insurance and Financial Services (BFSI) industry. Account enquiries, fraud prevention, financial advice - the possibilities are endless, and several leaders are left wondering about the possible implications of AI advancements for their organizations.

Vinay Kumar, Founder and CEO of Arya.ai, shares his insights on ChatGPT and Generative AI, and examines how the narrative around generative AI evolves and how businesses can stay ahead by adapting to the current advancements and anticipating future developments. We discuss:

• How FIs are looking to use ChatGPT
• What are the challenges to go live with LLMs
• Commercial foundation models vs Open source foundation models
• Advent of AI regulations