Page 53 - Latest Updates on Artificial intelligence
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")
Amgen opens $200 million technology and innovation hub in Hyderabad
The facility, which occupies approximately 524,000 square feet across two towers in HITEC City, will focus on harnessing AI, data science, and digital innovation to accelerate research and development
 "Amgen opens $200 million technology and innovation hub in Hyderabad")
Maharashtra govt working on a dedicated AI policy, developing GCC parks
Fadnavis said that technology will play a crucial role in making Maharashtra a trillion-dollar economy
 "Maharashtra govt working on a dedicated AI policy, developing GCC parks")
Nvidia's chip demand faces scrutiny as DeepSeek stirs doubts on AI spending
Claims that DeepSeek's AI models rival its Western counterparts at a fraction of the cost has led some investors to ask if Nvidia's cutting-edge chips are essential for gaining an edge in AI race
Apple to add 20,000 US Jobs, produce AI servers amid Trump tariffs threat
The $500 billion investment and 20,000 new jobs over the next four years mark Apple's biggest US commitment to date
 "Apple to add 20,000 US Jobs, produce AI servers amid Trump tariffs threat")
India's IT sector must revamp biz, create own language models: HCLTech CEO
The generative AI boom has threatened to disrupt business models for Indian IT companies that largely serve clients in the United States for operations support, providing software as a service
 "India's IT sector must revamp biz, create own language models: HCLTech CEO")
Alibaba joins global AI race, commits to $53 billion investment over 3 yrs
Chinese e-commerce giant Alibaba Group will focus on expanding data centres and computing capabilities to support the next generation of AI applications
 "Alibaba joins global AI race, commits to $53 billion investment over 3 yrs")
India leading in AI adoption, shaping how it's governed, says FM Sitharaman
Speaking at 6th convocation of the IIIT Kottayam, Sitharaman said that India was not just ready for AI, but demand for AI-driven solutions was also high in the country
 "India leading in AI adoption, shaping how it's governed, says FM Sitharaman")
Tripura has started using AI to identify tax evaders, says CM Manik Saha
While addressing GST 'Jaagrookta Abhiyan' at Prajna Bhavan, the chief minister said the tax collection plays a key role in accelerating development in the northeastern state
 "Tripura has started using AI to identify tax evaders, says CM Manik Saha")
Over 50 firms sign up for race to develop India-specific AI models
Of these, nearly a dozen have expressed interest in building the foundation model and LLM
 "Over 50 firms sign up for race to develop India-specific AI models")
Artificial intelligence is changing how Silicon Valley builds startups
Lee, 41, would normally be flattered. In the past, a fast-growing startup like Gamma, the artificial intelligence startup he helped establish in 2020, would have constantly looked out for more funding
 "Artificial intelligence is changing how Silicon Valley builds startups")
