Page 93 - Latest Updates on Artificial intelligence
Ethical concerns on use of AI demand robust safeguards: LS secy general
Addressing the 61st Conference of Secretaries of Legislative Bodies, Singh said ethical concerns about AI, such as algorithm bias, misinformation and privacy risks, demand robust safeguards
 "Ethical concerns on use of AI demand robust safeguards: LS secy general")
AI strategy in action, critical to our success: LTIMindtree MD & CEO
He shared insights on the outlook for 2025-26 (FY26), the role of AI in efficiency-driven deals, and the state of discretionary spending
 "AI strategy in action, critical to our success: LTIMindtree MD & CEO")
New restrictions on AI chips into India but growth remains unaffected
The US restrictions are part of global tech wars and the third globalisation, aimed at hindering China's access to AI technologies
 "New restrictions on AI chips into India but growth remains unaffected")
AI on its own: How tech is reshaping work as GenAI adoption grows in India
Agentic AI, software systems capable of performing complex tasks with minimal human oversight, will likely be the biggest tech trend in 2025
 "AI on its own: How tech is reshaping work as GenAI adoption grows in India")
STT Global signs MoU with T'gana to set up Rs 3,500 cr data centre campus
The upcoming AI-ready data centre campus will feature cutting-edge technologies with a targeted capacity of up to 100 MW, offering ample scalability for future growth
 "STT Global signs MoU with T'gana to set up Rs 3,500 cr data centre campus")
US restrictions on exports of AI chips likely to hurt India by 2027
Under the proposed rules, 18 countries -- including close US allies such as the UK, Canada, Germany, Japan, and South Korea -- will enjoy unrestricted access to chips for verified companies
 "US restrictions on exports of AI chips likely to hurt India by 2027")
Netradyne secures $90 million in Series D funding to expand footprint
The capital infusion will accelerate the company's growth trajectory through strategic investment in R&D, enhanced go-to-market investments, and aggressive global expansion
 "Netradyne secures $90 million in Series D funding to expand footprint")
Ancient wisdom meets AI: Army showcases evolution of warfare in parade
Nearly 90-minute military show titled 'Gaurav Gatha' had a mix of live combat demonstrations using tanks, mounted personnel, laser and drone shows, and digital displays on giant screens
 "Ancient wisdom meets AI: Army showcases evolution of warfare in parade")
Now, Infosys' AI innovations let you step into virtual Australian Open 2025
Infosys and Tennis Australia unveiled AI-driven innovations for the 2025 Australian Open, enhancing fan engagement, player insights, and digital interactivity with novel technologies
 "Now, Infosys' AI innovations let you step into virtual Australian Open 2025")
UK plans to relax visa rules for AI workers: Opportunity for Indian techies
The move is part of the government's AI Opportunities Action Plan, unveiled on January 13, 2025
 "UK plans to relax visa rules for AI workers: Opportunity for Indian techies")
Consulting industry for developing GPU, says Minister Ashwini Vaishnaw
"We expect the first made-in-India chip to roll out in August-September 2025 from Micron plant... the first fab plant will roll out by 2027 end"
 "Consulting industry for developing GPU, says Minister Ashwini Vaishnaw")
AI set to reshape 38 mn jobs in India by 2030, boost productivity: EY
EY's analysis of over 10,000 tasks across industries highlights varying productivity gains across sectors
 "AI set to reshape 38 mn jobs in India by 2030, boost productivity: EY")
Biden signs executive order aimed at growing AI infrastructure in US
The executive order directs federal agencies to accelerate large-scale AI infrastructure development at government sites, while imposing requirements and safeguards on the developers
 "Biden signs executive order aimed at growing AI infrastructure in US")
Implementing robust legal guardrails: How to make AI safe and trusted
AI systems need ongoing monitoring and control mechanisms that can detect and prevent potential misuse or intended/unintended harm
 "Implementing robust legal guardrails: How to make AI safe and trusted")
TN thrives on AI in makeover to tech-driven economy, beat other states
Last week, the Government of Tamil Nadu announced the setting up of a 2 million square foot facility for AI in Coimbatore under the public-private partnership mode
 "TN thrives on AI in makeover to tech-driven economy, beat other states")
Threat or opportunity: India needs to be prepared for AI-driven changes
A recent study by Bloomberg Intelligence indicates that jobs in banking and finance are among the most vulnerable to AI induction
 "Threat or opportunity: India needs to be prepared for AI-driven changes")
Onboarding in retail credit has to be reworked: Scienaptic's Joydip Gupta
Modern lending ecosystems now have access to richer data through alternate data sources such as Account Aggregators (AA)
 "Onboarding in retail credit has to be reworked: Scienaptic's Joydip Gupta")
Meity seeks 10K graphics processing units, receives offer for 20K
Its request, to build artificial-intelligence (AI) computing capacity, came on August 16 last year
 "Meity seeks 10K graphics processing units, receives offer for 20K")
Om Birla chairs CSPOC committee meet as India to host conference next year
Birla made these remarks while chairing the standing committee meeting of the Conference of Speakers and Presiding Officers of Parliaments of Commonwealth Countries (CSPOC) in Guernsey
 "Om Birla chairs CSPOC committee meet as India to host conference next year")
Sovereign AI: GovAI emerges as the core to secure economic, national future
India's Sovereign AI ambition will need the support of Prime Minister Narendra Modi, just as he has championed Digital India and the Semiconductor Mission
 "Sovereign AI: GovAI emerges as the core to secure economic, national future")