Page 28 - Ai Technology

Not afraid of recession, demand for automation will go up: Verint CEO

Dan Bodner, Verint founder and CEO said that India has been amongst the top two contributors to the Asia-Pacific revenue of the New York-based analytics company and will continue to expand

AI tool to help make real-time diagnoses during surgery, finds study

An artificial intelligence tool has been developed to help make real-time diagnoses during surgery, improving the quality of images to increase the accuracy of rapid diagnostics, a new study has shown

AI-powered armed robots trigger a debate around safety, future of warfare

US, Israel, Korean Demilitarised Zone, Gaza, all have these robots in one form or the other

Companies can add $460 bn to profits with better AI implementation: Study

three things companies need for these gains are improved data practices, trust in advanced AI, and AI integration with business operations

AI language models show bias against people with disabilities: Study

The researchers found that all the algorithms and models they tested contained significant implicit bias against people with disabilities

Flickstree raises $5 mn in pre-series B round led by Venture Catalysts

Flickstree is a content and marketing tech start-up that uses AI to create free branded video content; its data engine promote these videos, which keep churning transactions in auto-pilot mode

Apollo Hospitals, Singapore firm enhance AI-based tech for cardiac diseases

Move aimed to enable healthcare providers to predict risk of cardiac disease in patients and start intervention early

Bosch India unveils first smart campus to house 10,000 experts

Inaugurating the Bosch Smart Campus, Prime Minister Narendra Modi said that this campus will take lead in developing futuristic products and solutions for India and for the world

AI no longer fringe tech for Indian companies: Bain & Company report

India is also a global source of talent in data and AI skills; it produces 16 per cent of the world's AI talent pool, said the report

Only 12% firms using AI at a level that gives competitive edge: Accenture

63% global firms are AI experimenters, barely scratching the surface of its potential with AI maturity score of 29; Many others with higher scores are still leaving the full value of AI untapped

Only 12% companies are utilising AI to outpace their rivals: Report

Only 12 per cent of organisations that use AI are doing it at a maturity level to achieve a strong competitive advantage while the rest are still experimenting with the technology, a new report said

BPCL teams up with Microsoft to leverage cloud, AI technologies

Bharat Petroleum Corporation Ltd (BPCL) and Microsoft have entered a strategic cloud partnership aimed at accelerating the firm's digital transformation and driving innovation in the oil and gas industry. According to a joint statement, the collaboration seeks to unlock the opportunities that Microsoft's cloud provides to address the unique challenges of the oil and gas sector, enabling BPCL to accelerate the modernisation of its tech architecture. This, in turn, will enhance and redefine customer experience. Through a seven-year collaboration, Microsoft will provide infrastructure as a service (IAAS), platform as a service (PAAS), network and security services on the cloud, including Azure native services on Azure Datafactory, IOT (Internet of Things) and analytics. "The partnership gives a strong fillip to BPCL's digital-first strategy, as part of 'Project Anubhav' to redefine customer experience through the pillars of trust, personalization, and convenience," it said. Microsoft'

Nasscom, Microsoft announce 2nd 'AI Gamechangers' to boost AI adoption

In a bid to accelerate AI (artificial intelligence) adoption in India, Nasscom and Microsoft on Wednesday announced the second edition of the 'AI Gamechangers' awards

IBM opens new innovation centre focused on hybrid cloud and AI in Mysuru

The unit aims to support clients in the transformation of their business, by using delivery capabilities throughout the system development life cycle, from design to architecture to creation

ByteDance selling TikTok's AI technology to firms, including those in India

China-based ByteDance which is parent company of TikTok, has reportedly started selling the AI technology of the short video-making app to other companies, including in India where the app is banned

AI to trigger global business value of $2.9 trillion in 2021: Gartner

Gartner defines augmented intelligence as a human-centred partnership model of people and AI working together to enhance cognitive performance

Tech in review 2018: Affordable smartphones that redefined budget segment

Business Standard takes a look at sub-Rs 10,000 budget smartphones that redefined the affordable segment in 2018

Hackers to exploit AI technology for data breaches in 2018: Symantec

Beyond DDoS attacks and ransomware, home IoT devices will be compromised by cyber criminals to provide persistent access to a victim's network.