Page 54 - Latest Updates on Artificial intelligence
AI in healthcare likely to contribute $30 billion to GDP by 2025: Report
Government-backed initiatives like the IndiaAI Mission and the Digital Personal Data Protection Act, 2023, are setting the stage for a digitally empowered healthcare ecosystem
 "AI in healthcare likely to contribute $30 billion to GDP by 2025: Report")
Amazon unveils gen AI-powered 'Alexa+' with agentic abilities: What's new
Alexa+ will first launch in the United States in the coming weeks, with a gradual rollout to select Echo Show devices, including Echo Show 8, 10, 15, and 21
 "Amazon unveils gen AI-powered 'Alexa+' with agentic abilities: What's new")
Donald Trump's AI-generated video shows Gaza as luxury resort, sparks row
The video features a golden statue of Trump, a hummus-eating, dancing Musk, and American and Israeli leaders relaxing on beach, promoting his proposal to expel 2.1 mn Palestinians and transform Gaza
 "Donald Trump's AI-generated video shows Gaza as luxury resort, sparks row")
Hong Kong to cut 10k civil service jobs, invest in AI to tackle deficit
Hong Kong's deficit had reached 87.2 billion Hong Kong dollars ($11.2 billion) for the financial year of 2024-2025, making it the third straight year of losses
 "Hong Kong to cut 10k civil service jobs, invest in AI to tackle deficit")
upGrad earmarks Rs 100 cr for creating AI incubator: Ronnie Screwvala
The move follows upGrad's announcement in Davos of creating an AI center of excellence with investment of Rs 2,150 crore in collaboration with the Maharashtra government
 "upGrad earmarks Rs 100 cr for creating AI incubator: Ronnie Screwvala")
Glance deepens pact with Google to add GenAI content in new apps
Glance will work with Google Cloud and use its tech such as Gemini AI and Imagen, a text-to-image model, to create content for customers who use its smartphone and TV screensavers
 "Glance deepens pact with Google to add GenAI content in new apps")
Bridgetown Research secures $19 m to scale AI-Powered biz research agents
The company is developing AI-powered agents for business research and analysis, targeting private equity, consulting, and corporate strategy companies
 "Bridgetown Research secures $19 m to scale AI-Powered biz research agents")
China's DeepSeek cuts off-peak pricing for developers by up to 75%
DeepSeek's low-cost AI models triggered a major sell-off in global equity markets last month, as investors worried that its arrival could threaten current AI market leaders
 "China's DeepSeek cuts off-peak pricing for developers by up to 75%")
BS Manthan: Can India's upskilling push secure its job market future?
Industry leaders will explore the challenges and opportunities in job market, assessing if India can emerge as a global leader by 2030 through AI, upskilling, and digital innovation
 "BS Manthan: Can India's upskilling push secure its job market future?")
With AI in focus, the next decade is about 'value realisation': McKinsey
Additionally, if the tariff threat made by US President Donald Trump becomes a reality, that too will have an impact on the industry
 "With AI in focus, the next decade is about 'value realisation': McKinsey")
SAP Labs India looks to double its productivity gains from GenAI
Nasscom's data show that India will create 2.7 million new and reskilled AI jobs by 2028
 "SAP Labs India looks to double its productivity gains from GenAI")
DeepSeek accelerates to launch next-gen AI model as China goes all in
The company says it hopes the new model will produce better coding and be able to reason in languages beyond English
 "DeepSeek accelerates to launch next-gen AI model as China goes all in")
Alibaba to release open-source version of video, image generating AI model
The release of the model comes as competition intensifies in China's AI market, following DeepSeek's launch of its latest open-source models last month
 "Alibaba to release open-source version of video, image generating AI model")
Delhi High Court refuses to hear plea early seeking ban on Deepseek
The bench, also consisting of Justice Tushar Rao Gedela, had on February 12 said that AI tools are dangerous, irrespective of whether they are in Chinese or American hands
 "Delhi High Court refuses to hear plea early seeking ban on Deepseek")
Nvidia's H20 chip orders jump as Chinese firms adopt DeepSeek's AI models
Surge in orders underlines Nvidia's dominance of the market and could help alleviate concerns that DeepSeek might cause a slide in AI chip demand
 "Nvidia's H20 chip orders jump as Chinese firms adopt DeepSeek's AI models")
Maharashtra will lead AI and technology revolution: CM Devendra Fadnavis
Chief Minister Fadnavis said that the level of digital services has increased in the state and most government services have become available online
 "Maharashtra will lead AI and technology revolution: CM Devendra Fadnavis")
India's differentiator in realty is vibrant work ecosystem: Neil Murray
Murray shared his insights on the country's growing commercial real estate sector
 "India's differentiator in realty is vibrant work ecosystem: Neil Murray")
Global CEOs split on GenAI's impact on jobs, automation concerns rise
For instance, DBS Group expects its workforce to reduce by 10 per cent, or 4,000 employees, over the next three to four years
 "Global CEOs split on GenAI's impact on jobs, automation concerns rise")
Indian ITeS Industry and GenAI Conundrum as adoption remains under 40%
According to the latest BCG report 'The GenAI Adoption Conundrum', over 80 per cent of developers acknowledge its advantages, citing increased productivity and efficiency
 "Indian ITeS Industry and GenAI Conundrum as adoption remains under 40%")
GenAI making IT biz model outdated, says HCLTech CEO C Vijayakumar
IT major will hire more people at the entry level but need specialised skillsets
 "GenAI making IT biz model outdated, says HCLTech CEO C Vijayakumar")
