Analysing datasets: How predictive AI models are gaining traction

Syllabus: GS-III; Subject: Science and Technology; Topic: Emerging Technologies, Issue: AI Models

Context: Generative AI, including platforms like ChatGPT and Gemini, is gaining traction among companies and researchers for various applications.

Synopsis:

  1. Yandex has developed a real-time monitoring service for volcanic ash movement using advanced mathematical models and neural networks.
  2. Companies are increasingly using generative AI for purposes such as oil exploration and drug discovery.
  3. AI algorithms analyse historical data to make predictions, like locating new oil wells based on past successes.

 Prelims Connect (Terms in news)

Generative AI:●       Generative AI creates various content types like text, images, and audio rapidly.

●       Its user-friendly interfaces simplify content creation.

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