On October 24, Sarvam AI, an artificial intelligence (AI) firm supported by Lightspeed, unveiled Sarvam 1, a Large Language Model (LLM). According to a tweet on X (previously Twitter), the business says it is India’s first indigenous multilingual LLM, trained from scratch on domestic AI infrastructure in ten Indian languages and English.
Bengali, Gujarati, Hindi, Kannada, Malayalam, Marathi, Oriya, Punjabi, Tamil, and Telugu are among the ten major Indian languages that Sarvam 1 supports in addition to English. The LLM uses a two-billion-parameter language model and is trained on Nvidia’s H100 Graphics Processing Unit (GPU).
Sarvam AI uses Nvidia services and AI4Bharat’s open-source technology
In order to optimise and implement conversational AI agents with sub-second latency, Sarvam AI also makes use of a variety of Nvidia services and products, including its microservice, conversational AI, LLM software, and inference server.
In addition to Nvidia, the LLM made use of AI4Bharat’s open-source technology and language resources, as well as Yotta’s data centres for computational infrastructure. According to a blog post by the AI startup, Sarvam-1’s strong performance and computational efficiency make it especially well-suited for real-world uses, such as deployment on edge devices.
In specifics, Sarvam 1 clearly beats Gemma-2-2B and Llama-3.2-3B on a number of common benchmarks, such as MMLU, Arc-Challenge, and IndicGenBench, while attaining comparable results to Llama 3.1 8B, the company stated.
Functioning of Various LLM Models Launched by the Company
India’s first Hindi LLM, Open Hathi, was introduced by the AI firm in December 2023. The Llama2-7B architecture from Meta AI, which has 48,000 token extensions, served as the foundation for the model. However, a training corpus of two trillion tokens is used to develop Sarvam.
Because of its effective tokeniser and unique data pipeline, which can produce diversified and high-quality text while preserving factual correctness, the LLM has two trillion tokens of synthetic Indic data. In addition to being four to six times faster during inference, Sarvam claimed that the most recent model from their stable meets or surpasses much larger models like Llama 3.1 8B.
The process by which a trained model predicts or deduces from fresh data using the patterns it discovered during training is known as inference in artificial intelligence. Compared to current Indic datasets, the companies’ pretraining corpus, Sarvam-2T, supports eight times as much scientific material, three times as high quality, and two times as long documents. The total number of Indic tokens stored by Sarvam-2T is around 2 trillion. Apart from Hindi, which makes up over 20% of the data, the data is distributed nearly evenly among the ten supported languages.
On 24 October, Go Digit General Insurance announced that the Insurance Regulatory and Development Authority of India (IRDAI) had sent it a show-cause notice because its expenses for the six months ended September 2024 were higher than allowed.
According to Go Digit’s Q2FY25 financial results notes, the company’s insurance-related expenses for the six months ending September 30, 2024, exceeded the IRDAI (Expenses of Management, including Commission of Insurers) Regulations, 2024 restrictions. The insurer further stated that it has requested forbearance for three years starting on April 1, 2023, as allowed under the regulations. IRDAI is presently reviewing the application.
Who is IRDAI?
The Insurance Regulatory and Development Authority Act, 1999 (IRDA Act, 1999) established the Insurance Regulatory and Development Authority of India (IRDAI), a legislative agency tasked with overseeing and developing the insurance industry in India.
The Insurance Act of 1938 and the IRDA Act of 1999 both specify the Authority’s duties and authority. The main law regulating the insurance industry in India is the Insurance Act of 1938. It gives IRDAI the authority to create regulations that establish the framework for oversight of the organisations involved in the insurance industry. The duties, powers, and functions of the Authority are outlined in Section 14 of the IRDA Act of 1999.
Protection of policyholders’ interests, rapid and orderly expansion of the insurance sector, prompt resolution of legitimate claims, an efficient grievance redressal system, encouraging equity, openness, and orderly behaviour in insurance-related financial markets, and prudential regulation while maintaining the insurance market’s financial stability are among the main goals of the IRDAI.
Go Digit’s Recent Financial Report Card
In Q2 FY25, premiums for the motor insurance market, which continues to be the biggest contributor to Go Digit‘s overall business, totalled INR 1,354.21 crore, up 10.22% from INR 1,228.65 crore in Q2 FY24. Nonetheless, the motor segment’s underwriting losses increased 17.71% year over year to INR 245.11 crore during the quarter. Relatively smaller markets including fire, marine, health, and crop insurance accounted for the majority of Go Digit’s earnings. After losing INR 32.08 crore during the same period last year, corporate group health insurance turned a profit of INR 24.3 crore during the current quarter.
The business did point out that the financial results for the quarter-in-record (QIR) are not necessarily representative of the predicted success for the entire year due to the industry’s seasonality. Crop insurance, meanwhile, made INR 13.18 crore in Q2 FY25 compared to INR 2.46 crore in the same period last year.
The new and extended Living Labs, which are a part of a worldwide network of more than 12 existing facilities, were recently launched by Indian technology company Infosys. These labs will assist clients in accelerating innovation and utilising emerging technologies to future-proof their businesses.
The Bengaluru-based business also revealed plans to open a new AI lab in partnership with the University of Cambridge. The lab wants to use AI to its full potential so that it can benefit students, clients, and academics. The opening of the Living Labs was celebrated with a tour of the facility and a live demonstration of its capabilities by Feryal Clark, the UK’s Minister for Digital Government and AI, Professor Colm-cille Caulfield, the head of the University of Cambridge’s Department of Applied Mathematics and Theoretical Physics, and more than 100 guests, including clients and partners.
Strengthening the Digital Transformation
The Infosys Living Labs are situated in Canary Wharf, a famous banking area in London. For customers and partners, the lab will facilitate the integration of digital technology, business insights, and human experience.
As a centre for innovation, it will assist in utilising frameworks, digital experiences, solution accelerators, and industry solutions to generate, prototype, and test innovative concepts. Enterprise AI will be the main emphasis of the lab, where clients can observe AI-driven digital transformation in action. These include Infosys Cobalt, a cloud-based solution that helps businesses create scalable and reliable digital infrastructures, and Infosys Topaz, an AI-first offering that uses generative AI technology.
Helping in Forming Digital Transformation Strategies
Infosys Living Labs will assist businesses in developing and executing their digital transformation plans by providing interactive demos, workshops, and one-on-one consultations. In order to solve real-world difficulties, the education and research partnership with the University of Cambridge to create a joint AI Lab will leverage both Cambridge University’s top-notch teaching and research skills and Infosys’ industry experience and real-world AI application.
According to the company’s statement, the new lab will also serve as a catalyst for innovative and cutting-edge research projects. The London Living Labs and the AI Lab are located in Infosys’ brand-new, cutting-edge facilities, which span 25,000 square feet and can accommodate 200 workers.
According to Tarang Puranik, executive vice president and head of delivery for Europe at Infosys, London is home to some of the most innovative and disruptive businesses in the world. According to him, the new lab and collaboration with Cambridge University strengthen Infosys’s “dedication to play a significant role in London’s technological advancement.”
According to Feryal Clark, the UK’s Minister for Digital Government and AI, the government is using AI as the cornerstone of its strategy to “kickstart economic growth.” According to Clark, she witnessed firsthand how Infosys’ new London location will help researchers and organisations make the most of this technology in ways that will spur innovation and produce outcomes nationwide.
Remember when 3D modelling was a painstaking process that required hours of meticulous work? Well, those days are fading into the past. We’re witnessing a revolution in the world of 3D creation, and it’s all thanks to the magic of artificial intelligence. AI 3D model generators are changing the game, making the process of bringing ideas to life faster and more accessible than ever before.
You might be wondering, “What’s all the fuss about?” Well, these clever tools are shaking up industries left and right. From character design for video games to creating 3D assets for e-commerce, AI is lending a helping hand to designers and developers alike. It’s not just about speed, though. These AI-powered tools are opening up new possibilities for collaboration, customisation, and creativity. No matter who you are – a seasoned pro or just dipping your toes into the world of 3D modelling, there’s an AI tool out there that’s perfect for you.
So, without any wait, let’s jump onto exploring some of the best AI 3D model generators for 2024.
Masterpiece X: Best for Intuitive Model Generation
Website
www.masterpiecex.com
Rating
4.5
Free Trial
Yes
Platforms Supported
Web
Masterpiece X – Best AI 3D Model Generators
Masterpiece X is revolutionising the world of 3D creation, making it accessible to everyone, regardless of their experience level. This innovative ai 3d model generator is designed to simplify the 3D prototyping process, allowing you to bring your ideas to life quickly and easily.
Masterpiece X Overview
Masterpiece X is a cutting-edge platform that combines the power of artificial intelligence with intuitive design tools. It’s not just another 3D modelling software; it’s your creative copilot in the world of 3D assets. Whether you’re a seasoned professional or a complete beginner, Masterpiece X has something to offer. It has the best text-to-3D capability.You can generate complete 3D models, including characters, animals, and objects, using just a few words. This groundbreaking approach to 3D modelling eliminates the need for complex software or expensive hardware. All you need is a browser, a keyboard, and your imagination.
Plan
Pricing
750 Credits
$10.99/Month
1500 Credits
$19.99/Month
3000 Credits
$36.99/Month
Rokoko Vision: Best for Real-Time Animation
Website
www.rokoko.com
Rating
4.1
Free Trial
Yes
Platforms Supported
Web
Rokoko Vision – Best AI 3D Model Generators
Rokoko Vision is changing the game in the world of 3D animation. It’s a tool that’s making high-quality animations accessible to everyone, from beginners to seasoned professionals. Let’s dive into what makes this ai 3d model generator stand out.
Rokoko Vision Overview
Rokoko Vision is a groundbreaking motion capture tool that creates 3D animations based on video inputs. It’s designed to be user-friendly, allowing you to bring your characters to life without the need for expensive hardware or complex setups. Whether you’re just starting out or you’re a studio animator looking for a quick way to visualise ideas, Rokoko Vision has got you covered. Rokoko is loved for its simplicity. You can create animations in two ways: by uploading an existing video or by recording your movements using one or two cameras connected to your computer. This means you can start animating with tools you already have at hand – even just your webcam and a phone can get you pretty far.
Spline is more than just a 3D modelling tool – it’s a platform that imbibes creativity and teamwork. Through the culmination of the power of artificial intelligence with intuitive design tools and real-time collaboration, Spline is paving the way for a new era of 3D content creation. Whether you’re working on character design, architectural visualisations, or interactive web experiences, Spline provides the tools and flexibility to bring your ideas to life.
Spline Overview
Spline is revolutionising the world of 3D design with its browser-based platform that brings real-time collaboration to the forefront. This innovative ai 3d model generator is changing the game for designers, developers, and teams who want to create stunning 3D content without the hassle of complex software installations. Whether you’re a seasoned pro or just starting out, Spline offers an intuitive interface that makes 3D modelling accessible to everyone. Gone are the days of working in isolation and manually sharing files back and forth.With Spline, you can now work together with your team on the same file, seeing changes happen instantly. This real-time collaboration feature is a game-changer, especially for remote teams looking to streamline their workflow and boost productivity.
Plan
Pricing
Free
$0/Month
Starter
$12/Month
Professional
$20/Month
Team
$36/Month
Luma AI: For Artistic Video Generation
Website
www.lumalabs.ai
Rating
4.6
Free Trial
Yes
Platforms Supported
Web, IOS/Android
Luma – Best AI 3D Model Generators
Luma is a creative partner that’s helping to usher in a new era of visual storytelling. By making video as manipulable as text, it’s opening up new avenues for thought and expression. Whether you’re looking to create stunning animations, develop interactive 3D assets, or push the boundaries of character design, Luma AI’s Dream Machine API offers the power and flexibility to bring your ideas to life.
Luma AI Overview
Luma AI is revolutionising the world of video creation with its innovative Dream Machine API. This cutting-edge ai 3d model generator is pushing the boundaries of what’s possible in video production, making it an essential tool for artists, developers, and creative professionals alike. With the power of artificial intelligence, Luma AI is transforming static images into dynamic, high-quality animations and bringing text descriptions to life in video form. What sets Luma AI apart is its intuitive approach to video generation. You don’t need to be an expert in prompt engineering to create stunning visuals. The platform’s intelligent instruction system allows even inexperienced users to produce professional-quality content with simple text commands. This accessibility opens up new markets and possibilities for creative expression.
DeepMotion’s ode to accessibility and innovation makes it a game-changer in the 3D animation industry. Whether you’re working on character design, gaming projects, or exploring new frontiers in virtual reality, DeepMotion provides the tools to bring your creative vision to life with unprecedented ease and realism.
DeepMotion Overview
DeepMotion is revolutionising the world of motion capture with its groundbreaking AI-powered technology. This innovative ai 3d model generator is transforming the way animators, game developers, and digital artists bring characters to life. By harnessing the power of artificial intelligence, DeepMotion’s flagship software, Animate 3D, makes advanced motion capture accessible to both general users and technical experts. What sets DeepMotion apart is its ability to convert ordinary videos into captivating 3D animations with natural, lifelike movements. The markerless motion capture technology intelligently tracks full body movements, facial expressions, and hand gestures, eliminating the need for specialised equipment or marker-laden suits. This means you can create stunning animations using your own video content, right from the comfort of your environment.
Plan
Pricing
Text to 3D Animation
Free
$0/Month
Starter
$15/Month
Professional
$117/Month
Studio
$300/Month
Video to 3D Animation
Free
$0/Month
Starter
$15/Month
Innovator
$48/Month
Professional
$117/Month
Studio
$300/Month
Conclusion
As we wrap up our journey through the top AI 3D model generators of 2024, it’s clear that the future of 3D creation is bright and full of possibilities. These tools are causing a revolution in how we bring ideas to life, making the process faster, more intuitive, and more collaborative than ever before. One thing is for sure – and that is, it’s a great time to be alive for those who can keep up with the changing times. You should stay updated and to do so with the latest in AI and startup innovations, don’t forget to check out other AI-related articles and startup stories on our website. The team is also creating some excellent content for startup enthusiasts on Instagram, so be sure to follow along! Good luck and keep talking!
FAQ
What is the best AI 3D model generators?
Here are some of the best AI 3D model generators:
Masterpiece X
Rokoko Vision
Spline
Luma AI
DeepMotion
Will AI take over 3D Modelling?
AI will assist 3D modeling by automating repetitive tasks and speeding up workflows, but human creativity will still be needed for complex designs.
What is the future of 3D rendering?
The future of 3D rendering includes AI-driven tools, real-time rendering, and cloud computing, enabling faster, more realistic, and accessible rendering processes.
Picture this: you’re sitting at your desk, a steaming cup of coffee in hand, ready to invest some mullahs in the stock market or as we popularly call it – the share bazaar. But as you scan the endless sea of numbers and charts, you can’t help but feel a bit overwhelmed. Sound familiar? We’ve all been there. The stock market can be a tricky beast to tame, but what if we told you there’s a secret weapon that could give you an edge? This is where AI stock analysis tool steal the thunder, for the greater good! How? Let’s find out.
When it comes to the best AI tools for stock analysis, TradingView stands out as a powerhouse. This platform has become a go-to resource for traders and investors worldwide, boasting an impressive user base of over 60 million. It’s not just popular; it’s the top website globally for all things investing, and for good reason.
Key Features
TradingView offers a comprehensive suite of tools that cater to both novice and experienced traders. At its core, the platform provides unparalleled charting capabilities. With over 400 built-in indicators, 100,000+ community-built indicators, and 110+ drawing tools, you’ve got a veritable playground for technical analysis at your fingertips. The platform supports 15+ chart types and 20+ timeframes, giving you the flexibility to analyse stocks, futures, and options in whatever way suits your trading style. Its AI-powered pattern recognition tool has been amazing to say the least. This clever bit of tech automatically scans charts for various technical patterns like head and shoulders, double tops/bottoms, and triangles. It’s a real time-saver, ensuring you don’t miss any potentially significant chart formations.
For those interested in intraday trading, TradingView’s real-time market data and customisable alerts are invaluable. You can set up to 400 alerts on the premium plan, ensuring you never miss a trading opportunity. The platform also offers a unique Bar Replay feature, allowing you to practise your trading strategies on historical data – a fantastic tool for honing your skills without risking real money.
Pros and Cons
Pros:
Comprehensive stock screening tools
AI-powered pattern recognition
Extensive charting capabilities
Real-time market data
User-friendly interface
Available on web, desktop, and mobile platforms
Cons:
Free plan is limited
Higher-tier plans may be costly for some investors
Certain areas of the website can be poorly organised
Plan
Pricing
Essential
₹995/Month
Plus
₹1995/Month
Premium
₹3995/Month
Finviz
Website
www.finviz.com
Rating
4.1
Free Trial
No
Platforms Supported
Web, IOS/Android
Finviz – Best AI Tools For Stock Analysis
This New York-based platform offers a suite of features that cater to both individual investors and institutional clients. Finviz specialises in stock screening, in-depth equity research, and advanced financial visualisation tools, making it an invaluable resource for navigating market volatility.
Features
Finviz boasts an impressive array of tools designed to enhance stock analysis and trading strategies. Its stock screener is a standout feature, allowing users to sift through over 8,500 stocks and ETFs based on 67 financial and technical criteria. This powerful tool is complemented by 33 distinct chart patterns and 30 trading signals, providing a robust foundation for technical analysis. One of Finviz’s most notable features is its ability to recognise chart patterns automatically. This AI-powered functionality can identify 33 different patterns, saving traders valuable time and potentially uncovering opportunities they might have otherwise missed.
For those interested in intraday trading and real-time market data, Finviz Elite offers 1-minute interval updates. This feature is particularly useful for traders who need to make quick decisions based on the latest market movements. Finviz also excels in presenting market data through its innovative heatmaps. These visual tools offer a dynamic representation of US and global stock market performances, allowing users to quickly identify potential trading opportunities and sector trends.
Pros and Cons
Pros:
Comprehensive stock screening tools with 67 unique metrics
AI-powered pattern recognition for 33 chart patterns
Real-time data and 1-minute interval updates (Elite version)
Efficient tracking of market insider transactions and news updates
Quick visualisation of sector and industry trends through heatmaps
Cons:
Elite backtesting features could offer more versatility
Limited set of 21 chart indicators
Absence of dedicated mobile applications for Android and iOS devices
Seeking Alpha has its name right up there among the best AI tools for stock analysis, offering a comprehensive platform for investors to navigate market volatility and make informed decisions. This world-leading investing community connects investors daily to discover and share new ideas, discuss the latest news, and debate the merits of stocks.
Features
Seeking Alpha boasts an impressive array of features designed to enhance stock analysis and trading strategies. The platform covers a wide range of assets, from stocks and ETFs to commodities and cryptocurrencies. One of its standout features is access to professional-calibre investing tools, including factor grades and quant ratings that summarise each stock’s characteristics. The platform’s quant algorithm picks stocks with the strongest collective metrics compared to their sector, providing valuable insights for investors looking to identify potential opportunities. Seeking Alpha’s ‘Strong Buy’ stock picks have been outperforming the market by more than 4-to-1, making it a valuable resource for those interested in stock price prediction.
For those focused on intraday trading or futures and options analysis, Seeking Alpha offers real-time market data and customisable alerts. The platform’s earnings calendar showcases upcoming reports for companies in an investor’s portfolio, enabling users to stay informed about the latest financial results that may impact their positions.
Pros and Cons
Pros:
Comprehensive coverage of various asset classes
Access to professional-grade investing tools
Strong community of contributors providing diverse insights
Customisable alerts and news feeds
Integration with brokerage accounts for automatic portfolio tracking
Cons:
Overwhelming amount of information for some users
Potential for conflicting advice from different contributors
Limited coverage of certain asset classes, such as pink sheet stocks
User-generated content may require additional verification
Plan
Pricing
Basic
$0/Month
Premium
$4.95/Month
Pro
$99/Month
Stock Rover
Website
www.stockrover.com
Rating
4.6
Free Trial
Yes
Platforms Supported
Web, IOS/Android
Stock Rover – Best AI Tools For Stock Analysis
This web-based platform provides an impressive array of tools to enhance stock analysis and trading strategies, making it an invaluable resource for passing through market volatility.
Key Features
Stock Rover boasts an extensive set of capabilities designed to streamline the stock analysis process. Its stock screener is particularly noteworthy, allowing users to sift through over 8,500 stocks and ETFs based on more than 500 financial, operational, and efficiency metrics. This powerful tool is complemented by over 140 pre-built screeners, catering to various investment strategies. The platform’s charting capabilities are equally impressive, offering the ability to plot stocks, ETFs, funds, and indices. Users can access a wide range of fundamental and technical charts, including candlestick and dividend-adjusted return options. This makes Stock Rover an excellent choice for those interested in stock charting and technical analysis.
For investors focused on intraday trading or futures and options analysis, Stock Rover provides real-time market data and customisable alerts. The platform’s earnings calendar is another valuable feature, helping users stay informed about upcoming financial results that may impact their positions.
Pros and Cons
Pros:
Comprehensive stock screening tools with over 500 metrics
Powerful charting capabilities for technical analysis
Real-time market data and customisable alerts
Extensive library of pre-built screeners
Portfolio management features, including trade planning and rebalancing
Cons:
Limited customer support for free plan users
Higher-tier plans may be costly for some investors
Koyfin stands out as one of the best AI tools for stock analysis, offering a comprehensive global market analytics platform for investors to navigate market volatility and make informed decisions. This powerful tool caters to both individual and professional investors, providing a wide range of features to enhance stock analysis and trading strategies.
Main Features
Koyfin boasts an impressive array of tools designed to streamline the stock analysis process. The platform covers a vast range of assets, including global stocks, ETFs, mutual funds, fixed income, indices, currencies, and commodities. Its stock screener allows users to scan through over 90,000 stocks, ETFs, and mutual funds using more than 5,900 philtre criteria, making it an invaluable resource for identifying potential trading opportunities. The customisable dashboards at Koyfin are beautiful, allowing users to tailor their workspace to fit their unique investment management style and preferences. These dashboards can be shared with followers, fostering a collaborative environment among investors.
For those interested in intraday trading or futures and options analysis, Koyfin provides real-time market data and customisable alerts. The platform’s economic calendar and news feed keep users informed about market-moving events and company-specific news.
Pros and Cons
Pros:
Comprehensive coverage of global markets and asset classes
Powerful stock screening tools with extensive philtre criteria
Customisable dashboards and watchlists
Real-time market data and alerts
User-friendly interface with fast, no-nonsense financial charting
Cons:
Higher-tier plans may be costly for some individual investors
Limited social features compared to some other platforms
Some advanced features only available in higher-tier plans
Plan
Pricing
Free
$0/Month
Plus
$39/Month
Pro
$79/Month
Advisor Pro
$179/Month
Conclusion
Well, each tool we’ve explored has its unique strengths to help sail through the choppy waters of the stock market. These platforms are not your average number crunchers – they’re like having a team of expert analysts at your fingertips, ready to help you make sense of the market’s ups and downs. While these AI tools are incredibly powerful, it is important to understand that they’re just that – tools. They’re here to support your decision-making, not replace it. Your own research, intuition, and risk management strategies still play a crucial role in your investment journey. And hey, if you’re looking for more insights, memes, news, and case studies to complement your newfound AI knowledge, why not give StartupTalky a follow on Instagram? We’re always sharing fresh content to keep you in the loop. Happy investing, and may your portfolio always be in the green!
FAQ
Which are the best AI tools for stock analysis?
Here are some of the best AI tools for stock analysis:
TradingView
Finviz
Seeking Alpha
Stock Rover
Koyfin
Is AI trading/Algorithmic trading legal in India?
Yes, AI trading/Algorithmic trading is legal in India, provided it complies with SEBI regulations on algorithmic trading and risk management.
Can I use AI to analyze stocks?
Yes, you can use AI to analyze stocks. AI tools can identify patterns, perform technical analysis, and predict stock performance based on historical data and market trends.
We know it – artificial intelligence is going bonkers and software development or coding in general has been a witness of the same. AI-powered coding tools are causing a revolution in software development, offering developers a wide array of options to enhance their productivity and code quality. From GitHub Copilot’s context-aware suggestions to Replit’s robust security analysis, these tools are transforming the way we approach coding tasks. They’re not stopping at making our lives easier – they’re pushing the boundaries of what’s possible in software development, allowing us to focus more on problem-solving and innovation.
In this article, let’s have a look at some of the best AI tools for developers in 2024.
We’ve been using GitHub Copilot, and it’s truly revolutionising the way we code. This AI-powered coding assistant, developed by GitHub and OpenAI, this one is like having a virtual pair programmer by your side. It’s designed to make the development process smoother and faster, helping us focus on problem-solving rather than getting bogged down in repetitive tasks.
Copilot code suggestions
What we love most about Copilot is its ability to offer context-aware code suggestions. As you type, it provides auto-complete style recommendations, sometimes even suggesting entire blocks of code. It’s not just limited to a single language either; we’ve found it works brilliantly with Java, Python, JavaScript, and many others. The AI seems to understand the nuances of different programming languages and coding styles, adapting its suggestions to fit my project’s context.
Copilot IDE integration
Copilot integrates seamlessly with popular IDEs like Visual Studio Code, JetBrains, and Neovim. In VS Code, you can easily enable or disable Copilot globally or for specific languages. The integration is so smooth that it feels like a natural extension of one’s coding environment. We’ve noticed that having related files open in our editor helps Copilot understand the bigger picture of the project, leading to more relevant suggestions.
OpenAI Codex is a powerful AI model that’s changing the game for software developers. As a descendant of GPT-3, Codex has been fine-tuned specifically for coding tasks, making it a go-to tool for developers looking to boost their productivity.
Language understanding
What sets Codex apart is its impressive ability to understand and generate code in over a dozen programming languages. We’ve found it particularly adept at Python, but it’s also proficient in JavaScript, Go, PHP, Ruby, and many others. This versatility means we can use it across various projects without missing a beat.
Code generation
The real magic happens when you start using Codex for code generation. You simply type a comment describing what you need, like “compute the moving average of an array for a given window size,” and Codex suggests a block of code that does just that. It’s not just about writing code from scratch – rather, Codex also helps with completing functions, finding useful libraries, and even rewriting code for efficiency.
Codex availability
While Codex was initially available through a private beta, it’s worth noting that the AI coding tools are constantly evolving. Currently, developers are encouraged to use GPT-3.5 Turbo or GPT-4, which offer similar capabilities for code generation and understanding. These models continue to push the boundaries of what’s possible in AI-assisted software development, making coding more accessible and efficient than ever before.
Amazon CodeWhisperer – Best AI tools for developers
Devs have been using Amazon CodeWhisperer, and it’s quickly becoming one of the best AI tools for coding. This cloud-based coding assistant is a game-changer for software development, especially when working with AWS services.
CodeWhisperer AI assistance
What we love about CodeWhisperer is its ability to provide real-time, context-aware code suggestions. As one types, it offers everything from single-line completions to entire functions. More like having a coding genius by your side, helping you write cleaner, more efficient code. The AI understands one’s coding style and adapts its suggestions accordingly, making it feel like a natural extension of an individual’s thought process.
AWS integration
CodeWhisperer really shines when it comes to AWS integration. It’s optimised for AWS services and APIs, making it a must-have tool for cloud development. Whether you are working on Lambda functions, setting up EC2 instances, or configuring S3 buckets, CodeWhisperer offers tailored suggestions that align with AWS best practises. This deep integration has significantly sped up my development process and improved the quality of my AWS-based projects.
Plan
Pricing
Individual tier
$0/Month
Pieces for Developers
Website
www.pieces.app
Rating
4.5
Free Trial
Yes
Platforms Supported
Web, IOS/Android
Pieces – Best AI tools for developers
Pieces has quickly become a dev’s favourite. This powerful AI assistant is changing the game for software development, offering impressive features that boost productivity and streamline the coding process.
Pieces AI-powered features
What devs love about Pieces is its ability to provide context-aware code suggestions. It offers everything from single-line completions to entire functions. The AI understands the coding style and adapts its suggestions accordingly, making it feel like you more than you (winks).
Pieces workflow integration
Pieces really aces when it comes to workflow integration. It’s designed to work seamlessly across various development tools, including IDEs, browsers, and collaboration platforms. This deep integration has significantly sped up the development process and improved the quality of my projects. Devs can easily save and retrieve code snippets, share resources with team, and access AI-powered assistance without ever leaving their workflow.
GPT-4 understands complex programming queries and assist in developing, debugging, and optimising code.
GPT-4 multimodal features
GPT-4 hits it out of the park with its multimodal functionality. It can interpret and generate responses based on both text and visual inputs, which is a game-changer for AI in software development. You can now analyse images, understand their content and context, and produce meaningful output. This has significantly sped up development process and improved the quality of one’s projects.
Plan
Pricing
gpt-4
Input
$30 Per 1,000,000 tokens
Output
$60 Per 1,000,000 tokens
gpt-4-32k
Input
$60 Per 1,000,000 tokens
Output
$120 Per 1,000,000 tokens
Replit Ghostwriter
Website
www.replit.com
Rating
4.4
Free Trial
Yes
Platforms Supported
Web
Replit Ghostwriter – Best AI tools for developers
Replit is a winner when it comes to context-aware code suggestions. It offers everything from single-line completions to entire functions.
Ghostwriter supported languages
Ghostwriter supports a wide range of programming languages, which is fantastic for versatile developers. We’ve found it particularly useful with JavaScript and Python, but it also works brilliantly with C, Java, Perl, Ruby, HTML, CSS, and SQL. This broad language support means we can use Ghostwriter across various projects without missing a beat.
Plan
Pricing
Starter
$0/Month
Replit Core
$15/Month
Teams
Annual pricing coming soon
Enterprise
Custom
Cursor
Website
www.cursor.com
Rating
4
Free Trial
Yes
Platforms Supported
Web
Cursor – Best AI tools for developers
This AI-powered editor, built on VS Code, offers intelligent code suggestions that boost productivity. As I type, Cursor predicts multi-line edits and adapts to recent changes, making coding faster and more efficient.
Cursor code understanding
What sets Cursor apart is its ability to comprehend my entire codebase. I can query it about specific code blocks or files, and it provides relevant answers. This feature is invaluable when working on larger projects, as it helps me navigate complex codebases with ease.
Plan
Pricing
Hobby
$0/Month
Pro
$20/Month
Business
$40/Month
End Note
As we continue to explore and tap the potential of AI in coding, it’s clear that these tools will play an increasingly vital role in shaping the future of software development. Whether you’re a seasoned pro or just starting out, there’s never been a better time to dive into the world of AI-assisted coding. To stay updated on the latest developments in this exciting field, don’t forget to follow us on Instagram and LinkedIn for more insightful content. Remember, the key is to find the tools that best fit your workflow and help you write better, cleaner code. So, what’s stopping you?
Keep Building, Keep Talkying!
FAQ
Which AI tools are the best for developers?
Some of the best AI tools for developers are:
GitHub Copilot
OpenAI Codex
Amazon CodeWhisperer
Pieces for Developers
GPT-4
Replit Ghostwriter
Cursor
Will AI replace programmers?
AI won’t replace programmers entirely but will automate routine tasks, allowing them to focus on more complex work.
How do developers use AI?
Developers use AI to automate coding tasks, enhance debugging, and optimize testing. AI tools help analyze code, suggest improvements, and personalize user experiences.
According to multiple media sources, the Indian food delivery giant Swiggy is lowering its target by 10–16% because of market volatility, with the business aiming internally for a corporate valuation of $12.5 billion–13.5 billion for its impending IPO.
Prior to this week’s launch by Hyundai India, Swiggy was aiming for a $15 billion valuation for its $1.4 billion November IPO, which will rank as the nation’s second-largest stock offering of the year. Due to recent market volatility and a decline in Indian stock markets, reports further highlighted Swiggy’s consideration of a lower valuation to ensure that bidders leave “a lot of value on the table.”
Hyundai India’s Flop Debut Triggered Restructuring of IPO Launch
Due to sustained foreign selling, India’s benchmark Nifty 50 index has fallen 7.15% from record high levels reached on September 27 and is on track to post four consecutive weeks of losses.
Hyundai India’s shares experienced a 7.2% decline on their market debut on 22 October due to a lacklustre response from retail investors, who were concerned about the company’s high valuation and the potential for an auto industry downturn. According to additional reports, Swiggy is anticipated to list on the Mumbai stock exchange on November 13 and begin accepting subscriptions for its first public offering the week prior, but the exact date may vary.
India’s IPO Market
India’s initial public offering (IPO) industry has been booming despite recent tremors; over 270 firms have raised $12.57 billion so far this year, surpassing the $7.4 billion raised in 2023. Swiggy intends to begin holding roadshows for its stock offering in numerous Indian cities on October 30.
In India’s online restaurant and cafe food delivery market, Swiggy and Zomato are competitors. Both companies have placed significant bets on the so-called rapid commerce boom, which promises to deliver groceries and other goods in ten minutes. Swiggy was valued at $10.7 billion in its most recent fundraising round, which was led by Invesco in 2022.
Enticing Factors of Swiggy’s IPO
Swiggy’s IPO might present investors with a potential bargain given the unpredictability and recent declines of Indian markets. Given the escalating competition with Zomato and the rapidly evolving quick commerce landscape, the company’s strategic pricing aims to capitalize on the current market conditions and present a lucrative opportunity amidst a cautious market attitude.
One of the year’s most anticipated public offerings is Swiggy’s eagerly expected IPO. Investors hold high expectations for Swiggy, especially considering its potential for profitability following the successful stock market launch of its rival Zomato.
Swiggy intends to invest INR 982.4 crore to support lease and licence payments as well as the expansion of its network of dark stores for the rapid commerce segment, according to its Updated Draft Red Herring Prospectus (UDRHP). With a fresh issue valued at INR 3,750 crore and an offer for sale (OFS) exceeding INR 6,500 crore, the IPO is anticipated to generate approximately INR 10,000 crore.
According to various media reports, Jio Financial Services Ltd., which is owned by billionaire Mukesh Ambani, has discussed forming an insurance partnership with Allianz SE in India as the German company looks to end two current joint ventures in the nation.
Jio Financial and Allianz are seeking to open a general insurance and a life insurance business in the South Asian country. Reports further state that the talks are still in their early phases, and either party may decide not to move forward with the idea.
Allianz to End Partnership with Bajaj
After a renowned news agency revealed the potential split, Bajaj Finserv Ltd. released a statement on October 22 stating that the Munich-based company has told its present partner that it is “actively considering an exit” from the operations. The statement claims that Allianz “has indicated that it remains committed to the Indian insurance market.” According to the new agency’s report, the split stems from a disagreement about the partnership’s future.
Tensions have grown over time as a result of Bajaj’s resistance to the German insurer’s attempts to extend its ownership in the businesses. Bajaj presently owns 74% of the partnerships, while Allianz has a minority stake.
Citing an imbalance in corporate interests, Bajaj Finserv stated in a statement that Allianz is considering a withdrawal from the joint ventures. It did point out that Allianz is still dedicated to the Indian insurance industry as a whole.
The business also stated that both sides would endeavour to guarantee a seamless transition in the event that Allianz moves forward with its exit.
Both the Firms Not Revealing Details
According to a Jio Financial representative, the company is unable to address rumours. “As we always do, we will continue to make the required disclosures in line with our responsibilities if and when there are any significant events pertaining to the company,” the representative continued. According to a spokesman from Munich, Allianz does not comment on market rumours.
Under the leadership of seasoned banker K.V. Kamath, Jio Financial has partnered with BlackRock Inc. to launch an asset management company in addition to operating a shadow bank and insurance broking. The Ambani unit’s goal of growing into a financial services giant would be aided by the establishment of insurance operations.
Allianz SE Eyeing Major Stakes in Income Insurance
Allianz, the insurance giant, has shown a very keen interest in purchasing a controlling share of Income Insurance Ltd., Singapore’s top supplier of health, life, travel, and auto insurance. If the merger goes through, Allianz will join the ranks of Singapore’s most prominent property and casualty (P&C) insurers and become the fourth biggest composite insurer in Asia.
But the Singaporean government has been opposing the insurance giant, with Minister for Culture, Community, and Youth Edwin Tong saying that the current version of the agreement does not serve the public interest. A modification to the Insurance Act passed by Singapore this month may prevent Allianz from acquiring the bulk stakes in Income Insurance.
A media source claims that under the revised bill, Singapore’s financial authority will need permission from the relevant government ministry to approve transactions involving insurance businesses that are co-ops or have ties to co-ops.
According to various reports, food delivery firm Zomato raised its platform charge by almost 43% before Diwali celebrations, from INR 7 to INR 10 per order, in order to “keep Zomato running” and preserve services during the holiday season. Similarly another media report cited that Swiggy, another major competitor in the sector, also raised its fee to INR 10. The current charge for these platforms is 400% higher than the INR 2 per order platform fee that was first implemented in August 2023.
In places like Delhi and Bengaluru, Zomato raised their platform cost by 20% earlier in July, from INR 5 to INR 6 per order. According to Zomato’s annual report for the fiscal year 2022–2023, 647 million orders were placed overall. According to a rough estimate, the business may make an additional INR 5.7 million a day if the platform raise were implemented nationwide.
Food Lovers Express Their Disappointment at X
During the holiday rush, Zomato and Swiggy raised their platform fees, which infuriated foodies. Although the move to raise the platform charge did not sit well with users, the nation’s two largest food delivery apps are aiming to profit from an increase in orders during the holiday season.
The updated platform charge was the subject of debate on social networking site X. Ordering in has become too costly to be sustainable, as noted by several X users, and meal delivery fees have been steadily rising.
In August 2023, Zomato started charging INR 2 per order as a platform charge. Zomato increased the platform fee to INR 4 per order by January 2024. At the moment, each order costs INR 10. All users, including Gold members, are subject to the platform fee, which is in addition to Zomato’s delivery fee.
The Platform Fee Does Not Have a Set Formula
Zomato’s Chief Financial Officer, Akshant Goyal, stated during the company’s first quarter earnings call for FY25 that the platform charge is being changed “step by step” in order to determine how sensitive customers are to price adjustments. There is no set formula for the platform fee, Goyal had stated at the time, in reference to the likelihood of greater fees on days when there are more orders.
Zomato’s Current Financial Performance
On October 22, Zomato, headed by Deepinder Goyal, released its September quarter results. The company’s operating revenue increased 68% year over year to INR 4,799 crore.The fastest-growing quick commerce sector was the main driver of the total growth, although Zomato’s biggest source of income and profits, the meal delivery company, had a 21% increase in gross order value year over year to INR 9,690 crore.
Because it was a seasonally bad quarter, Zomato’s food delivery company saw take rates drop sequentially by 20 basis points to 24.1% during the July–September period. According to industry observers, there is little chance that the rise in platform fees imposed by food delivery businesses will affect customer behaviour. According to Zomato’s fiscal 2024 annual report, platform fees brought in INR 83 crore for the company.
According to reports, Sidharth Shakdher has been named the new Chief Marketing Officer (CMO) and Business Head of Paytm, a fintech company.
Within nine months of joining the company run by Bhavish Aggarwal, Shakdher left Ola. Among other accomplishments, he was instrumental in the establishment of the consumer loans section, the Ola Loyalty programme, and the ONDC food delivery service.
Shakdher’s New Role
Shakdher will collaborate closely with Vijay Shekhar Sharma, the CEO of Paytm, in his new position to grow the company and increase profitability. Shakdher has over 25 years of experience and has held important executive positions at Disney+Hotstar, Samsung, Canon, HP, Xerox, and Amazon, among other large corporations.
He served as Disney+ Hotstar’s EVP and CMO prior to joining Ola, where he helped with the platform’s global expansion and direct-to-consumer approach.
Before that, Shakdher oversaw Amazon’s US category marketing and third-party marketplace. In addition to his many responsibilities, he spearheaded innovation for Reckitt’s main brand, Dettol, in North America. He launched and successfully established Dettol in the US personal care market.
Shakdher oversaw marketing, category operations, growth, and revenue in both India and foreign markets in his capacity as CBO at Ola. With international teams directly answering to him, he also led new business endeavours in e-commerce, financial services, and AI cloud services.
Paytm’s Current Financial Report Card
The parent company of the digital payments platform Paytm, One 97 Communications Ltd., announced a notable improvement in its financial results for the second quarter that concluded in September 2024. In sharp contrast to the INR 290 crore loss reported a year earlier, the company reported a profit of INR 930 crore during the period.
The company’s one-time gain of INR 1,345.4 crore from the sale of its event and movie ticketing services to Zomato Limited was the main driver of its profitability. With a loss of INR 495 crore, Paytm’s core business operations remained negative, excluding this extraordinary item. The company’s revenue from operations decreased by 34% year-on-year to INR 1,659 crore, a modest increase from the INR 1,501 crore reported in the previous quarter.
Paytm Receives NPCI Approval to Onboard New UPI Customers
Nearly nine months after the Reserve Bank of India (RBI) imposed a ban on the addition of new customers, One97 Communications (OCL), the firm that runs the Paytm brand, announced on 22 October 2024 that it has been given permission by the National Payments Corporation of India (NPCI) to onboard new UPI users. In a letter to Vijay Shekhar Sharma, the founder and CEO of the Noida-based company, NPCI chief Dilip Asbe gave the company permission to start onboarding new users. The NPCI’s procedural rules and agreements with Payment Service Provider (PSP) banks govern the permissions.
Nitin Konde
