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Chief Justice of India Surya Kant on Wednesday said the judiciary's governing principle is that artificial intelligence may augment judicial reasoning, but it cannot substitute judicial conscience, and that a permanent apex body has been proposed to supervise the adoption and accountability of the new technology. Speaking at a bilateral meeting with Ulrich Herrmann, the presiding judge of the Federal Court of Justice at Karlsruhe in Germany, CJI Kant said that artificial intelligence (AI) is being used in certain defined support functions such as legal research, judgement translation into 16 languages and as a conversational interface for citizens to look for case status and procedures. He said that while these tools are designed to reduce repetitive work, they do not determine judicial outcomes. "Artificial intelligence may augment judicial reasoning, but it cannot substitute judicial conscience. Draft regulations from the Supreme Court's AI Committee permit administrative uses suc
Indian cryptocurrency exchange WazirX on Tuesday launched WazirX AI, an artificial-intelligence trading assistant that combines market research, portfolio analysis and trade preparation in a single conversational interface. Integrated into WazirX's app and website, the tool allows users to ask questions about live crypto prices, market news and macroeconomic developments, receive analysis with supporting charts, review their portfolios and approve trades without switching between charts, news feeds and trading screens, according to a company statement. The AI assistant follows an "Ask-Understand-Decide" model, coordinating market-data, technical-analysis, portfolio and order-management functions across multi-step requests. "Crypto markets operate 24/7, but traders should not have to spend their day moving between charts, news feeds and trading screens," said Nischal Shetty, founder, WazirX. "WazirX AI combines market research, portfolio monitoring and trade preparation into one ...