Page 27 - Latest Updates on Artificial intelligence
Global coordination, clear standards key as AI scales: Experts at AI Summit
As deepfakes, misinformation and AI system failures rise, global experts call for coordinated oversight, standardised reporting and faster response frameworks to address growing risks
 "Global coordination, clear standards key as AI scales: Experts at AI Summit")
NBFCs put artificial intelligence to work across lending value chain
Bajaj Finance, L&T Finance and Tata Capital are embedding AI and GenAI across the lending chain-from acquisition to servicing-to enhance growth, efficiency and risk oversight
 "NBFCs put artificial intelligence to work across lending value chain")
PM Modi makes a pitch for democratisation of artificial intelligence
PM says India should be among the top three AI superpowers, not just in consumption, but in creation as well
 "PM Modi makes a pitch for democratisation of artificial intelligence")
Govt weighs AI-based credit scores to expand access to formal finance
The Centre is exploring AI-based credit scoring and UPI-linked credit lines to widen access to formal finance for women, first-time borrowers and vulnerable communities
 "Govt weighs AI-based credit scores to expand access to formal finance")
People may not need jobs by 2050 as AI advances, says Vinod Khosla
Vinod Khosla told the AI Impact Summit that AI could remove the need for most jobs by 2050, transform white-collar work and unlock near-free healthcare and personalised education for every Indian
 "People may not need jobs by 2050 as AI advances, says Vinod Khosla")
India uniquely positioned to see benefits of AI: Amazon exec David Zapolsky
Zapolsky spoke about how Amazon is balancing rapid AI innovation with evolving regulatory guardrails
 "India uniquely positioned to see benefits of AI: Amazon exec David Zapolsky")
Adani group commits $100 billion for RE-powered AI data centres
Likely to create $250 bn AI infra ecosystem over a decade
 "Adani group commits $100 billion for RE-powered AI data centres")
Infosys partners with Anthropic for AI solutions with focus on agentic AI
At the core of the collaboration is the integration of Anthropic's Claude models, including Claude Code, with Infosys Topaz AI offerings
 "Infosys partners with Anthropic for AI solutions with focus on agentic AI")
India doesn't need hand-down versions of AI products: Intel's Viswanathan
India requires AI products that adapt to societal needs and adopt a frugal approach to using high-end, high-cost technologies, including frontier models, he said
 "India doesn't need hand-down versions of AI products: Intel's Viswanathan")
Payments industry adopts AI-led interfaces, LLMs to reshape transactions
Fintechs, NPCI are deepening AI integration across India's payments stack, from agentic interfaces and conversational payments to domain-specific LLMs designed to streamline disputes and transactions
 "Payments industry adopts AI-led interfaces, LLMs to reshape transactions")
Chemists warn PM that fake AI prescriptions are enabling illegal drug sales
AIOCD has urged the Prime Minister to ban AI-generated prescriptions, alleging they are being misused by unregulated e-pharmacies to sell restricted medicines, posing a serious public health risk
 "Chemists warn PM that fake AI prescriptions are enabling illegal drug sales")
AI to crash filmmaking costs, open doors to new storytellers: Shekhar Kapur
The director, known for critical and commercial hits such as "Masoom", "Mr India" and "Bandit Queen", said he has already begun using AI in his own work
 "AI to crash filmmaking costs, open doors to new storytellers: Shekhar Kapur")
Mastercard conducts secured agentic commerce transaction at India AI Summit
Mastercard completes what it calls India's first fully authenticated agentic commerce transaction at the India AI Impact Summit, signalling readiness for AI-driven payments
 "Mastercard conducts secured agentic commerce transaction at India AI Summit")
AWS India, Yotta to provide hybrid cloud infra for Meghraj 2.0 initiative
Amazon Web Services India and Yotta Data Services will collaborate to deploy a hybrid cloud infrastructure for the National Informatics Centre's Meghraj 2.0 initiative.
 "AWS India, Yotta to provide hybrid cloud infra for Meghraj 2.0 initiative")
Bihar govt signs pacts for investments worth ₹468 cr at AI Impact Summit
According to an official statement, the Bihar government has signed Memorandums of Understanding (MoUs) worth ₹468 crore with several major technology companies as well as with IIT Patna
 "Bihar govt signs pacts for investments worth ₹468 cr at AI Impact Summit")
Eternal partners with OpenAI to boost AI across Zomato, Blinkit, District
Eternal is strengthening AI infrastructure across its consumer and enterprise platforms, building AI as foundational infrastructure across its commerce ecosystem
 "Eternal partners with OpenAI to boost AI across Zomato, Blinkit, District")
Black Box signs ₹275 cr Brazil deal in boost to global digital infra push
Essar Group firm advances India and overseas strategy amid rising demand for data centre, network and cybersecurity services
 "Black Box signs ₹275 cr Brazil deal in boost to global digital infra push")
DRDO DG Chandrika Kaushik stresses need for indigenous AI in defence sector
Highlighting the growing penetration of AI across sectors, she said the technology has already spread across daily activities, from education to problem-solving and solution development
 "DRDO DG Chandrika Kaushik stresses need for indigenous AI in defence sector")
AI can bridge information gap in agriculture: MeitY secretary S Krishnan
On access to credit, the Secretary pointed to a persistent paradox in rural India where small farmers are legally not required to furnish collateral to borrow, yet are routinely asked to do so
 "AI can bridge information gap in agriculture: MeitY secretary S Krishnan")
AI regulations enough for innovations to thrive: MoS Jitin Prasada
Speaking at the Amazon Web Services (AWS) New Delhi Symposium 2026, the minister emphasised that everyone should be able to reap the benefits of technology transformation
 "AI regulations enough for innovations to thrive: MoS Jitin Prasada")