People, Companies & Quotes
Elon Musk's AI company, founded in 2023 as a rival to OpenAI, is called ____. Its flagship model family is ____. Fill in the blanks
xAI — model family is Grok
What does LLM stand for in the world of Generative AI?
Large Language Model
Process of making info available/accessible in a digital format.
Digitization
By roughly how much % are cyberattacks on India's BFSI sector rising year-on-year?
25% approx
In which year was ChatGPT launched?
2018
Which global CEO said: 'Every company will be an AI company, or it will not be a company at all'?
Satya Nadella, CEO — Microsoft
What is the full form of GPT in ChatGPT?
Generative Pre-trained Transformers
Devising new business applications, redefining customer experience, business models, etc by integrating digitized data and digitalized applications.
Digital Transformation
RBI's guidelines emphasise that AI decisions in lending must be _______ — meaning banks must be able to explain how a decision was reached.
XAI — Explainable AI
___% of the world's data was created in last 2 years
Approx 90%
This company brings together everything that's required to build websites and apps that accept payments and send payouts globally. The firm is valued at US $159 billion currently. Which company are we talking about?
Stripe
What is a 'hallucination' in the context of AI?
When an AI model generates confident but factually incorrect or made-up information
Cheaper models, easier to control and explain, and can be tuned for narrow tasks. What are we talking about?
Small Language Model
Which Indian law governs all AI data practices in banks must comply with?
The Digital Personal Data Protection (DPDP) Act, 2023.
As per estimates, less than __% of data created in businesses is analyzed and turned into benefits.
Less than 1%. As per SAP Survey
Which famous leader said this: “It’s not about our consumers’ growing dependence in us, but more of us enabling consumers to build their digital independence with us. That to me is the core of our partnership.”
Satya Nadella
GPT-4o, Gemini 2.0, and Claude 3.5 Sonnet are examples of which type of AI model?
Multimodal Large Language Models (can process text, image, audio)
When a firm exaggerates or misrepresents its use of AI, it's called?
AI Washing. It's a concern because it undermines transparency, explainability, and trust — misleading customers and investors about real capabilities or risks.
What is FREE_AI?
RBI FREE-AI (Framework for Responsible and Ethical Enablement of Artificial Intelligence) is the Reserve Bank of India’s blueprint
What are the 4 Vs of Big Data?
Volume, Velocity, Variety and Veracity
This company is building India's first sovereign LLM under the IndiaAI Mission. Name the company.
Sarvam
Employees using unapproved public AI tools (e.g. pasting confidential data into a public chatbot) without oversight. What is this called?
Shadow AI
In the world of AI, what is the full form of ML, RAG, NLP, DL
Machine Learning, Retrieval-Augmented Generation, Natural Language Processing, Deep Learning
Which AI technique can assist in credit risk assessment?
Machine Learning
In 2026, this fruit-named acronym went viral on X and Wall Street in the AI-era. Name the fruit and call out what it stands for.
MANGO(S) — Meta(or Microsoft), Anthropic, Nvidia, Google, OpenAI (+ SpaceX in the six-letter "MANGOS" version).