10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
Artificial Intelligence

VOZIQ AI Unveils Triumphs and Future Aspirations at #Build2024 Annual Retreat


News Update

2023 marked an exhilarating beginning for VOZIQ AI as we transitioned back to working from our Hyderabad office, setting the stage for a celebratory kickoff with our #Build2023 event. This gathering served as a long-awaited reunion for teammates after two years of working remotely due to COVID, helping us strengthen our bonds and make some unforgettable memories together.

The rest of the year, too, was nothing short of phenomenal as we dedicated ourselves to enhancing our product by introducing innovative solutions and streamlined our solution delivery by adopting a low-code platform. Our team has expanded to over 100 passionate individuals, and we rejuvenated our work-hard-play-hard culture by celebrating personal milestones and achievements.

With such remarkable milestones under our belt, we knew it was time for an even grander celebration and a completely fresh experience. Hence, we decided to host our #Build2024 event on January 18th and 19th, 2024, as a two-day outing amidst the serene green landscapes of Pragati Resorts, Hyderabad.

The celebration for #Build2024 started one month early this year with the launch of the VOZIQ 3.0 Hackathon, a friendly competition designed to reignite the creative minds of our employees and provide a platform to implement our business solutions and platform features as applications on a low code platform.

The entire organization was divided into teams, each embarking on thrilling challenges and crafting their application prototypes within a swift two weeks. Cash prizes of ₹1 lakh were up for grabs for top 3 winners and winners across different categories such as functional design, user experience design, and low code implementation.

As our departure to the resort drew near, our global teammates convened at our Hyderabad office. The hackathon teams were prepared with their final presentations and demos, and our CEO, CTO, and senior directors eagerly assumed the role of judges, excited to witness the innovative solutions generated by our in-house talent.

All the teams managed hackathon presentations while also rehearsing to deliver stellar performances for “Dhoom Dhamaka”, the cultural night planned for the #Build2024 at the resort.

The first day of the #Build2024 event began with speeches from our CEO and Chief Data Scientist, Dr. Vasudeva Akula and co-founder and CTO, Suresh Akula. During their addresses, they have delved into three core pillars that have defined VOZIQ’s journey so far and contributed to its present standing.

Product Innovation – At VOZIQ AI, we have fostered an environment where our employees are empowered to take on the role of product builders so we can collectively improve our AI-powered solution continuously. This approach has enabled us to deliver significant value to our clients, amounting to hundreds of millions of dollars.

Work Culture – VOZIQ AI stands out for its “work-hard-play-hard” culture, ensuring that each member experiences enjoyment and fulfillment while they add value to our product. By fostering a familial atmosphere where every individual feels valued and supported, we ensure our company’s continued success and growth.

#PersonalBest Initiative: We’ve launched the #PersonalBest initiative, recognizing the profound impact of personal accomplishments on professional growth. We firmly believe that fostering excellence beyond the workplace enhances performance within it. This initiative helps us create high-performing individuals and teams by identifying necessary support activities essential for their personal development plans.

“We have an amazing set of #PersonalBest accomplishments from 2023 – writing books to completing degrees to personal fitness and many more. Looking forward to even more such achievements in 2024 for us to celebrate together next year.” – Vasudeva Akula, Chief Data Scientist

“VOZIQ 3.0 is about unlocking our problem-solving superpowers. We’ll move beyond the lines of programming and become architects of solutions that maximize customer value”.- Suresh Akula, Chief Technology Officer

Following the addresses, our #Build2024 event transitioned seamlessly to presentations from senior directors and key leaders of various departments including IT, AI Center of Excellence (ACE), Sales & Marketing, and HR & Operations. They collectively shed light on the diverse range of initiatives undertaken in 2023 and outlined the roadmap for sustained excellence in 2024.

Amidst these strategic insights, the event was adorned with many fun activities to rekindle the spirit of celebration and enjoyment and foster deeper bonds within our team.

As the evening progressed, a palpable sense of celebration filled the air, marking the beginning of our “Dhoom Dhamaka” extravaganza. This lively event featured an eclectic mix of group and solo dance performances, musical renditions, karaoke sessions, entertaining skits, and a captivating fashion show. The festivities later culminated in a vibrant DJ session, enticing everyone to leave their seats and join the dance floor to groove to the beats, followed by a cozy bonfire accompanied by a scrumptious dinner.

VOZIQ AI Unveils Triumphs and Future Aspirations at #Build2024 Annual Retreat

Day two began with lively outdoor activities where everyone had the chance to play their favorite games like cricket, badminton, or volleyball. Later, we gathered for enjoyable pool games.

The second part of the day was all about the recognition of the invaluable contributors of 2023. To ensure we leave no efforts unnoticed, we categorized our awards:G

Gamechanger Award: Celebrating those who significantly transformed our product in 2023.

#PersonalBest Awards: Special recognition for achievers who have attained notable personal growth milestones.

Hackathon Awards: Recognizing the top three winning teams of the competition, along with select category winners.

Superstars Award: Recognizing one outstanding contributor from each team who demonstrated exceptional leadership and dedication in the recent quarters.

Rookie Awards: Commending those who began their professional career with VOZIQ AI and completed their first year of service.

Service Awards: Honoring individuals who’ve been with VOZIQ AI for 5+ years.

VOZIQ AI Unveils Triumphs and Future Aspirations at #Build2024 Annual Retreat

As the day transitioned into the evening, the curtains closed on our #Build2024 event. But as we bid farewell, we carried not only memories but also a renewed zeal and a collective commitment to our endeavors for 2024

Follow Startup Story





Source link

by Team SNFYI

Facebook is testing a new feature that invites some users—mainly in the US and Canada—to let Meta AI access parts of their phone’s camera roll. This opt-in “cloud processing” option uploads recent photos and videos to Meta’s servers so the AI can offer personalized suggestions, such as creating collages, highlight reels, or themed memories like birthdays and graduations. It can also generate AI-based edits or restyles of those images. Meta says this is optional and assures users that the uploaded media won’t be used for advertising. However, to enable this, people must agree to let Meta analyze faces, objects, and metadata like time and location. Currently, the company claims these photos won’t be used to train its AI models—but they haven’t completely ruled that out for the future. Typically, only the last 30 days of photos get uploaded, though special or older images might stay on Meta’s servers longer for specific features. Users have the option to disable the feature anytime, which prompts Meta to delete the stored media after 30 days. Privacy experts are concerned that this expands Meta’s reach into private, unpublished images and could eventually feed future AI training. Unlike Google Photos, which explicitly states that user photos won’t train its AI, Meta hasn’t made that commitment yet. For now, this is still a test run for a limited group of people, but it highlights the tension between AI-powered personalization and the need to protect personal data.

by Team SNFYI

News Update Bymridul     |    March 14, 2024 Meesho, an online shopping platform based in Bengaluru, has announced its largest Employee Stock Ownership Plan (ESOP) buyback pool to date, totaling Rs 200 crore. This buyback initiative extends to both current and former employees, providing wealth creation opportunities for approximately 1,700 individuals. Ashish Kumar Singh, Meesho’s Chief Human Resources Officer, emphasized the company’s commitment to rewarding its teams, stating, “At Meesho, our employees are the driving force behind our success.” Singh further highlighted the company’s dedication to providing opportunities for wealth creation despite prevailing macroeconomic conditions. This marks the fourth wealth generation opportunity at Meesho, with the size of the buyback program increasing each year. In previous years, Meesho conducted buybacks worth over Rs 8.2 crore in February 2020, Rs 41.4 crore in November 2020, and Rs 45.5 crore in October 2021. Meesho’s profitability journey began in July 2023, making it the first horizontal Indian e-commerce company to achieve profitability. Despite turning profitable, Meesho continues to maintain positive cash flow and focuses on enhancing efficiencies across various cost items. The company’s revenue from operations for FY 2022-23 witnessed a remarkable growth of 77% over the previous year, amounting to Rs 5,735 crore. This growth can be attributed to Meesho’s leadership position as the most downloaded shopping app in India in both 2022 and 2023, increased transaction frequency among existing customers, and a diversified category mix. Additionally, Meesho’s focus on improving monetization through value-added seller services contributed to its revenue growth. Meesho also disclosed its audited performance for the first half of FY 2023-24, reporting consolidated revenues from operations of Rs 3,521 crore, marking a 37% year-over-year increase. The company achieved profitability in Q2 FY24, with a significant reduction in losses compared to the previous year. Furthermore, Meesho recorded impressive app download numbers, reaching 145 million downloads in India in 2023 and surpassing 500 million downloads in H1 FY 2023-24. Follow Startup Story Source link

by Team SNFYI

You might’ve heard of Grok, X’s answer to OpenAI’s ChatGPT. It’s a chatbot, and, in that sense, behaves as as you’d expect — answering questions about current events, pop culture and so on. But unlike other chatbots, Grok has “a bit of wit,” as X owner Elon Musk puts it, and “a rebellious streak.” Long story short, Grok is willing to speak to topics that are usually off limits to other chatbots, like polarizing political theories and conspiracies. And it’ll use less-than-polite language while doing so — for example, responding to the question “When is it appropriate to listen to Christmas music?” with “Whenever the hell you want.” But Grok’s ostensible biggest selling point is its ability to access real-time X data — an ability no other chatbots have, thanks to X’s decision to gatekeep that data. Ask it “What’s happening in AI today?” and Grok will piece together a response from very recent headlines, while ChatGPT, by contrast, will provide only vague answers that reflect the limits of its training data (and filters on its web access). Earlier this week, Musk pledged that he would open source Grok, without revealing precisely what that meant. So, you’re probably wondering: How does Grok work? What can it do? And how can I access it? You’ve come to the right place. We’ve put together this handy guide to help explain all things Grok. We’ll keep it up to date as Grok changes and evolves. How does Grok work? Grok is the invention of xAI, Elon Musk’s AI startup — a startup reportedly in the process of raising billions in venture capital. (Developing AI’s expensive.) Underpinning Grok is a generative AI model called Grok-1, developed over the course of months on a cluster of “tens of thousands” of GPUs (according to an xAI blog post). To train it, xAI sourced data both from the web (dated up to Q3 2023) and feedback from human assistants that xAI refers to as “AI tutors.” On popular benchmarks, Grok-1 is about as capable as Meta’s open source Llama 2 chatbot model and surpasses OpenAI’s GPT-3.5, xAI claims. Image Credits: xAI Human-guided feedback, or reinforcement learning from human feedback (RLHF), is the way most AI-powered chatbots are fine-tuned these days. RLHF involves training a generative model, then gathering additional information to train a “reward” model and fine-tuning the generative model with the reward model via reinforcement learning. RLHF is quite good at “teaching” models to follow instructions — but not perfect. Like other models, Grok is prone to hallucinating, sometimes offering misinformation and false timelines when asked about news. And these can be severe — like wrongly claiming that the Israel–Palestine conflict reached a ceasefire when it hadn’t. For questions that stretch beyond its knowledge base, Grok leverages “real-time access” to info on X (and from Tesla, according to Bloomberg). And, similar to ChatGPT, the model has internet browsing capabilities, enabling it to search the web for up-to-date information about topics. Musk has promised improvements with the …