Page 41 - Latest Updates on Artificial intelligence
AI regulation needs global cooperation, not isolated moves: Sitharaman
Speaking in Milan, Finance Minister calls for common global framework for the technology
 "AI regulation needs global cooperation, not isolated moves: Sitharaman")
Bengaluru-based Routematic raises ₹340 cr, defies electric vehicle dip
The move is important as it comes at a time when the app-based mobility space - both business-to-business (B2B) and business-to-consumer (B2C) - has been under a cloud
 "Bengaluru-based Routematic raises ₹340 cr, defies electric vehicle dip")
Fintech giant Paytm set to go slow on hiring replacements for exiting staff
Paytm's non-sales employee cost dropped 35.6 per cent in Q4FY25 as the company opted not to backfill roles, leaning on AI to enhance productivity and trim expenses
 "Fintech giant Paytm set to go slow on hiring replacements for exiting staff")
Tech Wrap May 7: GTA 6 new trailer, Microsoft Surface, Google Simplify
GTA 6's second trailer has now been released. Microsoft has expanded Surface lineup in India. Google rolls out new AI feature for iOS. OnePlus 13s teaser video out
 "Tech Wrap May 7: GTA 6 new trailer, Microsoft Surface, Google Simplify")
AI adoption still in early stages for most global enterprises: Accenture
Accenture says most firms are still experimenting with AI, with just 15 per cent beyond pilot stage; agentic systems expected to fuel the next major transformation
 "AI adoption still in early stages for most global enterprises: Accenture")
Sam Altman backtracks on for-profit ambitions, OpenAI to remain non-profit
US AI-research and deployment company OpenAI has decided to go with a public benefit corporation (PBC) while still keeping the non-profit in charge, satisfying regulators, the public, and investors
 "Sam Altman backtracks on for-profit ambitions, OpenAI to remain non-profit")
Google might bring 'Live for AI mode' to Lens: What is it and how it works
With Live for AI mode, users would reportedly be able to share their screens with Google Lens and it will provide them with information based on search results
 "Google might bring 'Live for AI mode' to Lens: What is it and how it works")
AI boom drives global data centre growth despite soaring costs: Moody's
Global data centre expansion accelerates to meet AI and cloud demands; challenges include rising energy needs, supply chain disruptions, and power infrastructure constraints
 "AI boom drives global data centre growth despite soaring costs: Moody's")
Mideast titans step back from AI model race as US, China dominate
In the Middle East, as in other markets, companies are rethinking whether the cost of building a cutting-edge AI model from scratch is worthwhile
 "Mideast titans step back from AI model race as US, China dominate")
Indian GCCs shaped our global tech road map: Sabre CEO Kurt Ekert
Sabre's India GCC plays a central role in building AI-based forecasting, pricing, and retail platforms that power travel innovation for global airlines and hotels
 "Indian GCCs shaped our global tech road map: Sabre CEO Kurt Ekert")
Cashfree Payments rolls out AI-first module across core products
The new MCP server integrates large language models with Cashfree's APIs to automate merchant operations such as payment links and KYC verification
 "Cashfree Payments rolls out AI-first module across core products")
US govt inefficient, AI can offset losing some public workers, says Musk
In a wide-ranging conversation on Sunday with financier Michael Milken, Musk also spoke about his brain-implant company, Neuralink, and ongoing developments at SpaceX, according to the person
 "US govt inefficient, AI can offset losing some public workers, says Musk")
Chhattisgarh CM lays foundation of India's first AI-based data park
The 5.5-hectare data park in Nava Raipur will support AI services including healthtech and fintech, with the first phase offering 5 MW capacity and future expansion planned
 "Chhattisgarh CM lays foundation of India's first AI-based data park")
We must phase out old vehicles faster to fight air pollution: VP Dhankhar
The Vice President called on using public transportation, which, he said, is the safest and fastest
 "We must phase out old vehicles faster to fight air pollution: VP Dhankhar")
TCS partners with Kuwait's Jazeera Airways to drive AI-led transformation
The collaboration aims to modernize Jazeera Airways' digital platforms, including its website and mobile apps, and introduce an advanced AI-powered chatbot to enhance the customer experience
 "TCS partners with Kuwait's Jazeera Airways to drive AI-led transformation")
NITI bats for MSME Credit Guarantee Fund overhaul, AI, skilling support
The Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGMSE) was launched by the Centre in the year 2000 to provide collateral-free credit to the sector
 "NITI bats for MSME Credit Guarantee Fund overhaul, AI, skilling support")
40% of our artificial intelligence hubs are in India: BNY CEO Robin Vince
Tariffs are part of the story, but it's really about trade, says Vince
 "40% of our artificial intelligence hubs are in India: BNY CEO Robin Vince")
Intel India, IndiaAI Mission tie up to bolster AI capabilities and skilling
The partnership, formalised through a Memorandum of Understanding (MoU), aims to empower young individuals, professionals, startups, and public sector leaders
 "Intel India, IndiaAI Mission tie up to bolster AI capabilities and skilling")
'India must set clear AI rules, promote local content': Ashwini Vaishnaw
"We must incentivise local content promotion and enforce IP framework among other things," Vaishnaw said at WAVES summit in Mumbai
 "'India must set clear AI rules, promote local content': Ashwini Vaishnaw")
Perplexity AI WhatsApp bot returns online: Here is why it was taken down
Perplexity AI bot on Whatsapp is back online after it was taken offline by the US-based maker following a sudden and significant increase in user activity
 "Perplexity AI WhatsApp bot returns online: Here is why it was taken down")
