Page 8 - Latest Updates on Artificial intelligence
Two-thirds of MSMEs use AI tools, but only 21% deploy biz software: Study
A CII-ISB study finds 65.8 per cent of surveyed MSMEs use AI tools, but just 21 per cent deploy ERP or customised software, highlighting gaps in technology adoption and productivity.
 "Two-thirds of MSMEs use AI tools, but only 21% deploy biz software: Study")
Vigilance, not pause, answer to AI risks: IBM India & South Asia MD
Innovations from India can be scaled and applied anywhere in the world, he said, pointing to Indian innovations such as UPI
 "Vigilance, not pause, answer to AI risks: IBM India & South Asia MD")
Nandan Nilekani-backed Fundamentum raises ₹3K crore for AI, deeptech
The Nandan Nilekani-backed growth-stage fund plans to invest ₹100-200 crore each in 12-15 AI and deeptech companies over the next two to three years, with a hard cap of ₹3,500 crore
 "Nandan Nilekani-backed Fundamentum raises ₹3K crore for AI, deeptech")
AI arms race giving way to AI returns race: Aditya Birla Group chairman
Aditya Birla Group chairman Kumar Mangalam Birla says businesses are taking a measured approach to AI investments, focusing on tangible returns, productivity and capital allocation
 "AI arms race giving way to AI returns race: Aditya Birla Group chairman")
India's IT giants face identity crisis as AI disrupts traditional biz model
AI upstarts challenge India's cost-led IT model as innovation takes centre stage
 "India's IT giants face identity crisis as AI disrupts traditional biz model")
Zoho freezes annual salary hikes as AI costs rise, software market slows
Founder Sridhar Vembu says a fourfold rise in server prices, higher AI expenses and an uncertain software market have forced Zoho to cut marketing spending and freeze annual pay hikes
 "Zoho freezes annual salary hikes as AI costs rise, software market slows")
Beyond Nvidia: Why tech firms are turning to custom chips for AI inference
Microsoft's Maia 300 joins custom AI chips from Google, Amazon and OpenAI as technology companies seek to reduce inference costs, improve efficiency and gain control over infrastructure
 "Beyond Nvidia: Why tech firms are turning to custom chips for AI inference")
AI job-loss fears are 'hogwash', says Infosys Chairman Nandan Nilekani
While tasks such as coding can increasingly be handled by artificial intelligence, other roles will emerge to manage the technology's deployment and its risks, Nilekani said
 "AI job-loss fears are 'hogwash', says Infosys Chairman Nandan Nilekani")
Zoho pauses annual pay hikes, cuts marketing spend amid rising AI costs
Zoho founder Sridhar Vembu cited a fourfold rise in server prices, higher AI usage costs and an uncertain software outlook
 "Zoho pauses annual pay hikes, cuts marketing spend amid rising AI costs")
AI models may soon self-replicate without access to data centers: Anthropic
In its experiments, Anthropic looked at whether AI models could find vulnerable devices, copy themselves into those devices, and continue spreading without human help
 "AI models may soon self-replicate without access to data centers: Anthropic")
Houthis used Claude to develop missiles, test-fired rocket: Anthropic
In a report, Anthropic detailed how Yemen-based Houthis used Claude Code to work on three weapons development programmes.
 "Houthis used Claude to develop missiles, test-fired rocket: Anthropic")
Meta says new Muse model reaches AI frontier after aggressive push
Known as Muse Wonder, the new model is the company's most capable since Meta CEO Mark Zuckerberg overhauled his AI operation through an aggressive hiring push that put new talent at the helm
 "Meta says new Muse model reaches AI frontier after aggressive push")
AI investment keeps global growth around 3%, with major Asia benefits: IMF
IMF chief Kristalina Georgieva said AI infrastructure investment is supporting global growth despite an energy supply shock
 "AI investment keeps global growth around 3%, with major Asia benefits: IMF")
LTTS launches AI-native manufacturing lab in India, plans US facility
The new EI Lab will showcase AI-native factories, digital twins and autonomous systems, while LTTS plans a similar facility in the US by the end of FY27
 "LTTS launches AI-native manufacturing lab in India, plans US facility")
HCLTech signs pact with Anthropic to set up dedicated AI business unit
HCLTech will set up a dedicated business unit and centre to develop AI solutions using Anthropic's Claude models and support their enterprise adoption
 "HCLTech signs pact with Anthropic to set up dedicated AI business unit")
Google defends $15 billion Vizag AI hub amid water concerns, protests
A top Google executive has addressed concerns over the tech giant's $15 billion AI data centre in Visakhapatnam, which has faced massive protests from locals. Here's what he said
 "Google defends $15 billion Vizag AI hub amid water concerns, protests")
TCS to hire 80% of workforce with digital, AI skills; expects margin gains
TCS said 80% of its new hires will have digital and AI skills, with AI-led work contributing 10% of revenue in Q2
 "TCS to hire 80% of workforce with digital, AI skills; expects margin gains")
Amazon eyes Decart acquisition at $7 billion as AI chip race intensifies
The deal would give Amazon software that makes AI models run efficiently across chips, strengthening its challenge to Nvidia as it pushes its own Trainium processors
 "Amazon eyes Decart acquisition at $7 billion as AI chip race intensifies")
Amazon in talks to acquire AI startup Decart for around $7 billion
Decart's Lucy model, backed by Nvidia, can edit live video in real time, according to the company's website
 "Amazon in talks to acquire AI startup Decart for around $7 billion")
Successful GPU bidders likely to offer compute capacity to global firms
Under the ₹10,372 crore IndiaAI Mission, 14 companies have successfully bid to onboard GPUs from various original equipment manufacturers, including Nvidia, Intel, AMD, AWS and Google
 "Successful GPU bidders likely to offer compute capacity to global firms")