Page 15 - Latest Updates on Artificial intelligence
Gen AI, Agentic AI set to transform India's rapidly-growing payments sector
PwC India's report further said digital payments in India are expected to continue their rapid growth trajectory, with overall transaction volumes projected to nearly triple by FY30
 "Gen AI, Agentic AI set to transform India's rapidly-growing payments sector")
Leading AI players make a beeline to establish their presence in India
India's billion-plus user base - second only to China - as well as one of the world's largest developer ecosystems makes it an irresistible bet for AI firms
Deloitte's AI fiasco: Why chatbots hallucinate and who else got caught
As Deloitte returns part of its fee for a flawed AI-assisted government report in Australia, the case spotlights how generative AI fabricates facts and how it's not the first time this has happened
 "Deloitte's AI fiasco: Why chatbots hallucinate and who else got caught")
After Mac, Perplexity to rival Apple Safari on iPhone with Comet AI browser
Comet browser, already available on PC and Android pre-registrations, could soon launch on iOS, promising competition to Safari, confirms CEO Aravind Srinivas
 "After Mac, Perplexity to rival Apple Safari on iPhone with Comet AI browser")
Nvidia to invest in Elon Musk's AI startup xAI as part of $20 billion deal
Funding for xAI includes both equity and debt through a special purpose vehicle that will purchase Nvidia's processors and lease them to xAI for its Colossus 2 project
 "Nvidia to invest in Elon Musk's AI startup xAI as part of $20 billion deal")
OpenAI introduces cameo controls in Sora amid deepfake concerns: What's new
Sora introduces cameo restrictions, watermark improvements, and account fixes amid rising deepfake concerns
 "OpenAI introduces cameo controls in Sora amid deepfake concerns: What's new")
Anthropic to open Bengaluru office in 2026, expand AI footprint in India
Anthropic, developer of Claude AI, will open a Bengaluru office in early 2026, expanding its presence in India to drive responsible AI growth and advance Indic language capabilities
 "Anthropic to open Bengaluru office in 2026, expand AI footprint in India")
UST inks $2 bn deals with three healthcare firms for AI transformation
UST works with third-party administrator (TPA) technology platforms, positioning the company to lead large-scale transformations for health insurers seeking agility and speed
 "UST inks $2 bn deals with three healthcare firms for AI transformation")
Intangles raises $30 mn in funding led by Avataar Venture Partners
The Pune-based firm received follow-on investments from Baring India Private Equity and Cactus Partners in the funding round
 "Intangles raises $30 mn in funding led by Avataar Venture Partners")
Dell raises long-term growth forecasts on strong demand for AI servers
Dell, whose customers include Elon Musk's AI startup xAI and CoreWeave, reiterated its third-quarter and annual forecasts
 "Dell raises long-term growth forecasts on strong demand for AI servers")
Sebi to deploy AI tool to track misleading ads, finfluencer content
Sebi is deploying an AI tool, R(AI)DAR, to track misleading ads and finfluencer content, enhancing investor protection and monitoring social media for illegal financial promotions
 "Sebi to deploy AI tool to track misleading ads, finfluencer content")
Robin Williams' daughter Zelda calls out AI-generated videos of late actor
Zelda's latest post comes amid a growing wave of celebrity deepfakes on social media, spanning everything from pornographic and political content to scams and advertisements
 "Robin Williams' daughter Zelda calls out AI-generated videos of late actor")
OpenAI DevDay: ChatGPT gets mini apps, fictional characters coming to Sora
OpenAI DevDay: ChatGPT now hosts mini apps, Sora plans fictional character cameos, and AMD joins OpenAI as a core compute partner
 "OpenAI DevDay: ChatGPT gets mini apps, fictional characters coming to Sora")
CCI calls for self-audit of AI systems to ensure responsible autonomy
The CCI's market study on AI urges companies to self-audit algorithms to prevent anti-competitive behaviour while promoting innovation and fair market practices
 "CCI calls for self-audit of AI systems to ensure responsible autonomy")
Winning with AI: It's not AI, but users of AI, who'll take your job
The authors' calm and confident approach makes AI seem less monstrous than it is made out to be
 "Winning with AI: It's not AI, but users of AI, who'll take your job")
AMD signs multi-year AI chip supply deal with ChatGPT creator OpenAI
The deal offers OpenAI an opportunity to take a stake in one of Nvidia's most formidable rivals and is a powerful endorsement of Advanced Micro Devices' (AMD's) AI chips and software
 "AMD signs multi-year AI chip supply deal with ChatGPT creator OpenAI")
AI widely used in Op Sindoor, military LLM to be ready in 6 months: Army
Military AI tools to be deployed along all borders as required, says senior Indian Army officer
 "AI widely used in Op Sindoor, military LLM to be ready in 6 months: Army")
CCI suggests companies to perform self-audits of AI-based systems
The study also comes at a time when there are concerns about algorithmic collusion and AI-driven pricing strategies that may lead to price discrimination
OpenAI, Jony Ive's maiden AI device project hits technology hurdles: Report
OpenAI and Jony Ive have reportedly been working on a palm-sized AI device, which has now encountered a range of technical issues, potentially hinting at the delay in development
 "OpenAI, Jony Ive's maiden AI device project hits technology hurdles: Report")
Will artificial intelligence become a Damocles sword over humanity's head?
The big question today in every corner of the world, including India, is this: Will the new technology wave AI create similar violent protest movements and what kind of resolution will be reached?
 "Will artificial intelligence become a Damocles sword over humanity's head?")
