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Gamezop CEO: India’s Gaming Sector Poised for Rapid Growth with Government Support

Gamezop

Gamezop CEO: India’s Gaming Sector Poised for Rapid Growth with Government Support

Yashash Agarwal, the CEO and co-founder of Gamezop, a smartphone gaming platform, stated on Saturday that the gaming industry in India is expected to grow rapidly due to a comprehensive government strategy, despite the government having implemented several steps to support this growth. In order to help India reach its full potential, Agarwal claims that the government has created an attractive business climate by allowing 100% foreign direct investment (FDI). This enables international investors to work with Indian gaming companies.

“The official recognition of esports as a multi-sport event by the government marks a significant accomplishment. The CEO spoke with IANS on the move that places esports under the Ministry of Youth Affairs and Sports and creates opportunities for more funding, sponsorships, and professionalization of the industry. Apps can use Gamezop, a multi-game platform, to give their users access to a gaming section.

In India, there are approximately 450–550 million avid gamers. Revenue from the gaming business in India increased to $3.1 billion in FY23 from $2.6 billion in FY22, a 19% rise. Gamezop recently revealed the addition of four more products to expand its global range of digital goods: Quizzop, Newszop, Astrozop, and Criczop.

Also Read: US House Passes Bipartisan Bill to Ban TikTok Amid National Security Concerns

Regarding user reactions to Indian gaming, Agarwal stated that the country is expected to have an astounding 650 million players by 2027 based on downloads and user engagement within gaming apps, which are surging. He claimed that this rise was caused by a number of variables. “The availability of games in regional languages, the affordability of smartphones and data plans, and advancements in browser technology,” he said. Invest India states that the fourth-largest industry in India for media and entertainment is internet gaming. Its estimated growth rate to reach Rs 231 billion by 2025 is a 20% CAGR.

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Meta Unveils Highly Capable Llama 3 AI Model

Meta

Meta Unveils Highly Capable Llama 3 AI Model

The newest generation of large language models (LLMs) in the AI era, called Llama 3, was unveiled by Meta on Thursday. The business released the first two widely usable models of the upcoming Llama generation. “Our commitment is to create Llama 3 ethically, and we provide a range of tools to support others in using it responsibly,” the business stated.

Soon, Llama 3 models with support for hardware platforms from AMD, AWS, Dell, Intel, NVIDIA, and Qualcomm will be available on AWS, Databricks, Google Cloud, IBM Watson, Microsoft Azure, and Nvidia NIM and Snowflake. Meta stated, “We expect to share the Llama 3 research paper and introduce new capabilities, longer context windows, additional model sizes, and improved performance in the coming months.”

Also Read: Spotify Without Loss There May Be A New Pro Subscription Plan Available For Hi-Fi Music: Learn More

The Llama 3 collection of models begins with the text-based models that are being made available. Shortly, Llama 3 will be bilingual and multimodal, have a longer context, and continue to perform better overall, according to Meta. Meta AI can be used online, on Facebook, Instagram, WhatsApp, Messenger, and other platforms to learn, create, and do tasks. “Our Ray-Ban Meta smart glasses will soon allow you to test multimodal Meta AI,” the business announced.

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Spotify Without Loss There May Be A New Pro Subscription Plan Available For Hi-Fi Music: Learn More

Spotify

Spotify Without Loss There May Be A New Pro Subscription Plan Available For Hi-Fi Music: Learn More

Spotify has been touting its lossless music benefits for a long time, and individuals are still holding up to see it made official. It appears that day is not as distant absent presently, at least going by the most recent bits of gossip.

The company seems to include an unused Music Master membership that will offer the much-awaited lossless sound quality along with other highlights. Be that as it may, the music professional is impossible to come by cheap; in reality, individuals will be made to pay more than what the stage charges for its normal premium version.

The Music Master arrangement from Spotify is likely to offer superior sound quality than what Apple Music clients get, though that one is a portion of their standard arrangement. Spotify may offer its substance in Hi-Fi quality for podcasts as well, which was proposed in 2023.

The modern subtle elements, plus conversation, are approximately extraordinarily wired, and remote earphones support upgraded highlights. You might also get the alternative of mash-up and altered tracks, which is interesting. But the benefits are impossible to conclude with highlights like Sound Experiences, Earphone Tuner, Library Professional, Playlist Professional, and Studio Sound; moreover, they seem to be included in the master arrangement, as we had said prior.

Also Read: Elon Musk Plans AI Candidate Winning US Elections in 2032

This unreleased arrangement seems to be a curious expansion, particularly if Spotify can meet the requests for which it is going to charge a premium. The most recent report does not discuss the conceivable Music Master cost, but prior, we had seen the Premium arrangement recorded with a cost of $19.99 (approximately Rs 1600) per month, which, as per the subtle elements shared, has a parcel of unused highlights that the stage considers merits a higher cost tag. At this month-to-month cost, individuals might never feel persuaded about the highlights on offer, and that may be one huge reason why Spotify has postponed its accessibility for so long.

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Elon Musk Plans AI Candidate Winning US Elections in 2032

Elon Musk

Elon Musk Plans AI Candidate Winning US Elections in 2032

Billionaire Elon Musk stated that he thinks a candidate using artificial intelligence (AI) might run for president of the United States in 2032. In 2024, who will be the President of the United States? was a question posed to Elon Musk during a conversation during the 10th annual Breakthrough Prize presentation. The CEO of Tesla then laughed heartily and answered, “Who do you think will win the White House in 2032? What kind of artificial intelligence? Diffusion or transformers?”

Elon Musk previously stated that “if AI is smart enough, it could undermine democracy” about the impact of AI on elections. He also said that artificial intelligence (AI) might surpass human intelligence by 2026 and that the availability of electricity would limit technological advancements. “I think it’s probably next year, within two years,” he stated, defining AGI (artificial general intelligence) as intelligence greater than that of the smartest human. The billionaire further claimed that a shortage of processors is impeding the training of Elon Musk’s AI project, xAI’s Grok 2, which was unveiled as a competitor to OpenAI’s ChatGPT.

Also Read: WhatsApp Tests Meta AI Chatbot in India and Other Markets

Grok-1.5 Vision Preview

The company’s “first-generation multimodal model,” Grok-1.5 Vision Preview, was unveiled by xAI and will soon be made accessible for testing. The framework can “process a wide variety of visual information, including documents, diagrams, charts, screenshots, and photographs.” In the meantime, Grok-1.5, which will soon be accessible on X, provides better reasoning and a context length of 1,28,000 tokens.

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