WebinarsNew
Deep DiveNew
Explore Business Standard
The Bombay High Court on Monday permitted Union Minister Nitin Gadkari to file a civil suit against Meta Platforms, X Corp, Google LLC and other unknown persons over "defamatory" deepfakes and AI-generated posts uploaded against him. The Union Minister for Road Transport and Highways and senior BJP leader had filed a leave petition under Clause XII of Letters Patent, a procedural requirement wherein permission of the court is sought before filing of a suit, when part of the cause of action arises outside the territorial jurisdiction of the high court. Such leave (permission) is necessary to enable the court to hear and decide a suit despite jurisdictional limitations. Gadkari's leave petition came up for hearing on Monday before a single bench of Justice Abhay Ahuja. His lawyer Sandeep Ladda submitted that online platforms have made alleged defamatory and deepfake content publicly available, including to users in Maharashtra. Since this content is accessible here, Ladda argued that
Growing use of artificial intelligence (AI) across all spheres is set to take the overall market for compute infrastructure to USD 2 trillion by 2030 from USD 365 billion in 2025, global semiconductor major AMD said on Thursday. Eyeing the 40 per cent compounded annual growth in the market that it expects, the company unveiled a slew of products, including advanced microprocessors at its annual Advancing AI Summit here. Lisa Su, the Chairman and Chief Executive of the company that has been competing with bigger rival Nvidia, said AI had moved beyond chatbots to reasoning models and was now entering the era of agentic AI, where AI systems autonomously execute multi-step tasks, dramatically increasing demand for computing power. "AI is the most important technology of the last 50 years, and frankly, the progress that we're seeing in the industry is just incredible. Every few months, we see something new that was far beyond our imagination," Su said, adding that the industry was still
ITC expects its FMCG market to expand to around Rs 8 lakh crore by 2035 as the conglomerate looks to strengthen its position through a combination of brand-building, digital commerce expansion, and strategic acquisitions, Chairman & Managing Director Sanjiv Puri said on Thursday. Addressing shareholders at the company's Annual General Meeting (AGM), Puri said the Indian FMCG market was "poised for significant expansion" as the consumer landscape evolves rapidly. "The rise of aspirational Bharat, premiumisation, Gen Z and Gen Alpha consumers, expanding digital access and the growth of quick commerce are reshaping categories, channels and expectations," he said. To capitalise on these trends, ITC is leveraging an AI-led consumer insight ecosystem that enables micro-segmentation and supports the development of differentiated offerings tailored to evolving consumer needs, lifestyles and occasions, Puri said. He also underscored the growing role of online and omnichannel commerce in ...