Page 75 - Latest Updates on Artificial intelligence
GenAI may boost banking operations' productivity by 46% by 2030: EY
These investments are already delivering measurable results: 63 per cent have seen improved customer satisfaction levels, while 58 per cent of firms report cost reductions, the study said
 "GenAI may boost banking operations' productivity by 46% by 2030: EY")
Narayana Murthy warns against AI hype in India, urges startups to aim big
Says innovation & job creation will vanish poverty, not freebies
 "Narayana Murthy warns against AI hype in India, urges startups to aim big")
Google introduces new AI models for rapidly growing robotics industry
The robotics field has made large strides over the past few years with increasing advancements in AI and improving models, speeding up commercialization of robots largely in industrial settings
 "Google introduces new AI models for rapidly growing robotics industry")
Syneriq Global opens AI GCC in Hyderabad, aims for $150 million revenue
Additionally, the group launched a new AI platform, Zyrix, focused on driving innovation and advancing product engineering
 "Syneriq Global opens AI GCC in Hyderabad, aims for $150 million revenue")
About 19% of AI use cases deliver business value, says Infosys report
The research also showed a strong link between AI success and the changes a business makes to its operating model and data structure
 "About 19% of AI use cases deliver business value, says Infosys report")
India must adopt frugal innovation in AI like DeepSeek: Mohandas Pai
Pai highlighted that Indian companies should focus on developing vertical large language models (LLMs) for domains like financial services, healthcare, and high-tech manufacturing
 "India must adopt frugal innovation in AI like DeepSeek: Mohandas Pai")
Seeing more conversion of proof-of-concept to use case in AI: WNS chief
We are starting to see a lot more use cases of AI and GenAI solutions, which were earlier all proofs-of-concept, said Keshav Murugesh
 "Seeing more conversion of proof-of-concept to use case in AI: WNS chief")
As AI progresses, academic degrees take a backseat to skills in hiring
Increasingly, companies are looking for candidates that have hands-on experience and specialized certifications rather than just a engineering degree
To lower infra cost, Meta begins testing its 1st in-house AI training chip
Meta is working with Taiwan-based chip manufacturer TSMC to produce the chip, this person said. The test deployment began after Meta finished its first 'tape-out' of the chip
 "To lower infra cost, Meta begins testing its 1st in-house AI training chip")
How AI-driven technology can boost accuracy in inflation forecasting
The integration of AI in economic forecasting, specifically inflation prediction, is a burgeoning field that leverages advancements in ML and natural language processing
 "How AI-driven technology can boost accuracy in inflation forecasting")
Aakash Educational plans to invest up to Rs 1,000 crore in AI, digital push
New Delhi-based education provider, which started in 1988, is now ramping up its presence in smaller Indian towns, betting on the growing demand for quality coaching in Tier 3 and Tier 4 cities
 "Aakash Educational plans to invest up to Rs 1,000 crore in AI, digital push")
India may face an AI talent shortfall of over 1 million by 2027: Report
The report highlighted the urgent need for India to reskill and upskill its workforce to meet the growing demand for AI expertise
AI-enabled handheld X-ray machines helping in early TB detection: Experts
These AI-enabled hand-held X-ray machines are helping in intensified screening under the ongoing pan India 100-Day Intensified Campaign to Eliminate TB
 "AI-enabled handheld X-ray machines helping in early TB detection: Experts")
Microsoft conducts ground breaking ceremony of proposed Noida campus
With the proposed Noida campus, Microsoft will continue its momentum of strengthening India's AI capabilities and supporting engineering talent and digital innovation
 "Microsoft conducts ground breaking ceremony of proposed Noida campus")
Ashwini Vaishnaw launches AI compute portal & dataset platform AIKosha
The compute portal will provide access to compute more than 18,000 GPUs, cloud storage and other AI services to students, startups
 "Ashwini Vaishnaw launches AI compute portal & dataset platform AIKosha")
AI's 'hedonistic' machines earn Barto, Sutton top computer science prize
Two pioneers in the field of reinforcement learning, Andrew Barto and Richard Sutton, are the winners of this year's A M Turing Award, the tech world's equivalent of the Nobel Prize
Indian economy could gain $1 trillion from AI, says Nishikant Dubey
Nishikant Dubey said the panel at its meeting on Wednesday deliberated on the impact of Artificial Intelligence on banking, revenue and other related sectors
 "Indian economy could gain $1 trillion from AI, says Nishikant Dubey")
Google reports 250+ AI deepfake terrorism content to Australian regulator
The Australian eSafety Commission called Google's disclosure "world-first insight" into how users may be exploiting the technology to produce harmful and illegal content
Perplexity CEO announces Rs 1 cr contest for ICC Champions Trophy final
Perplexity AI hinted that the contest might involve using its platform during the match, much like its 'Million Dollar Question' campaign during the Super Bowl
 "Perplexity CEO announces Rs 1 cr contest for ICC Champions Trophy final")
Samsung to expand agentic AI experience to more phones in Apr with One UI 7
Samsung said that One UI 7 enhances the mobile experience by integrating agentic AI with multimodal capabilities
 "Samsung to expand agentic AI experience to more phones in Apr with One UI 7")