AI news and funding updates from the last 24 hours(02nd March 2025):

✅ Teleperformance SE & Sanas

Teleperformance SE is deploying AI-powered "accent translation" technology in its Indian call centers. Developed by Sanas with a $13M investment, this tool enhances clarity for international clients while reducing background noise. The company maintains a balance between AI and human interaction, though concerns about cultural identity loss persist.

✅ Krutrim AI Lab

Krutrim AI Lab launched Chitrarth, a multimodal Vision-Language Model (VLM) supporting ten Indian languages. Built to address linguistic limitations in existing AI models, it enhances applications in education, e-commerce, and more. The company plans further advancements, including a supercomputer in collaboration with NVIDIA.

✅ OpenAI

- GPT-4.5: focusing on usability and reducing hallucinations by 40%. Despite improved accuracy and conversational abilities, its high cost and limited availability ($200/month plan) may hinder widespread use.

✅ Meta

Meta plans to launch a standalone AI app in Q2 2024, aiming to surpass Google and OpenAI. While its vast user base is an advantage, privacy concerns and potential subscription fees could be hurdles.

✅ Purpleant Technologies

Purpleant introduced BotWot iCX, a multimodal AI-powered platform for marketing, service, and customer retention. Targeting industries like e-commerce and banking, it offers AI-driven content generation and decision automation. The platform is globally available from March 1, 2025.

✅ SoftBank Group Corp.

CEO Masayoshi Son plans to borrow $16B for AI investments, with another $8B possible in 2026. This aligns with SoftBank’s previous efforts, including a $15B commitment to Stargate, a joint venture with Oracle and OpenAI.

✅ Google DeepMind

DeepMind CEO Demis Hassabis dismissed concerns over DeepSeek AI’s capabilities, stating Google’s technology is superior. Google also addressed changes to its AI Principles, particularly regarding AI’s use in weapons and surveillance.

✅ Samsung Electronics

Samsung unveiled the Galaxy A56 5G, A36 5G, and A26 5G. These mid-range smartphones feature AMOLED displays, 50MP cameras, and extended software support (six OS updates, six years of security patches). Prices range from ₹26,200–₹48,000.

✅ Baykar Technologies

Turkey successfully tested Bayraktar KEMANKEŞ 1, an AI-guided mini cruise missile designed for UAVs. Weighing 30 kg with a 200 km range, it enhances Turkey’s defense capabilities and export potential.

✅ Dukaan®

CEO Suumit Shah replaced 90% of Dukaan’s customer service workforce with AI chatbots in 2023. While reducing response times, the move has sparked debates over automation's impact on employment.

✅ Other News

- Andrej Karpathy introduced "vibe coding," where AI handles most coding tasks, sparking debate on AI’s role in software development.

- States of Jersey Police are testing AI for witness interview transcription, ensuring ethical compliance.