Page 24 - Artifical Intelligence

OpenAI plans first India office in New Delhi to deepen market presence

The AI firm is hiring for a local team as it eyes its second-largest user base. CEO Sam Altman said the move marks a key step in building AI for India, and with India

Kyndryl to invest $2.25 billion in India over the next three years

As part of the investment, the company will also establish an AI lab in the country, in addition to focusing on talent development

Nova Fertility Clinic to use AI for greater precision in embryo selection

Nova Fertility Clinic here on Thursday announced plans to integrate Artificial Intelligence into its IVF labs to improve precision in embryo selection, a critical aspect of fertility treatment. Improved precision can also reduce the number of embryos needed for transfer, addressing ethical concerns related to multiple pregnancies, said Shobhit Agarwal, CEO of Nova Fertility Clinic. According to a press release, the chain is partnering with South Korea's AI technology firm Kai Health to implement Vita Embryo, an AI-based embryo assessment system. Hyejun Lee, CEO of Kai Health, said, Our research indicates that AI intervention increases the precision of embryo selection by 12 per cent. Vita Embryo will be rolled out across 120 Nova Fertility Clinics in 65 cities, the release added.

Bank-AI collab improves pricing, risk models: Philadelphia Fed's Jagtiani

Bank-fintech collaborations are allowing for more proper pricing and risk underwriting, said Julapa Jagtiani, Senior Economic Advisor and Economist at the Federal Reserve Bank of Philadelphia, on Thursday. Jagtiani was addressing a webinar on "Beyond Intuition: AI, Crypto, and Social Algorithms Shaping the Future of Finance", organised by Indian Institute of Management Bangalore (IIMB) Centre for Software and IT Management (CSITM). "When banks team up with vendors of AI solutions, we see more correct pricing of non-prime borrowers. Rather than pricing all as equally risky, AI differentiates who will default and who will not," said Jagtiani. The webinar was attended by more than 170 participants and included pre-eminent finance professionals from the United States, United Kingdom, and India. Apart from Jagtiani, the panel comprised Evelyn de Rothschild, Professor of Finance at Cambridge Judge Business School, Marina Niessner, Assistant Professor of Finance at Indiana University's ..

Armenia's TUMO first India centre in Mumbai to offer free digital training

TUMO has completed pilot programmes and is now set to launch its Mumbai centre, which will accommodate up to 1,500 students, said Pegor Papazian, Chief Development Officer, TUMO

Black box to sandbox: Framework needed for safe AI adoption in finance

The Monetary Authority of Singapore (MAS) introduced "FEAT" (fairness, ethics, accountability, and transparency) principles in 2018

Mark Zuckerberg reshapes Meta's AI division amid superintelligence push

On Tuesday, Meta announced internally that it is splitting its AI division which is known as Meta Superintelligence Labs into four groups, two people with knowledge of the situation said

Anthropic's Claude AI can exit abusive or harmful conversations: Here's why

Anthropic has introduced a safeguard in Claude AI that lets it exit abusive or harmful chats, aiming to set boundaries and promote respectful interactions

Adobe introduces Acrobat Studio, a home for PDFs with built-in AI perks

With Acrobat Studio, Adobe blends Acrobat, Express and Firefly, offering AI-powered assistants, PDF Spaces and content creation tools in a single platform

Rajasthan needs ease of doing business, cost cuts: Experts at BS Samriddhi

Experts at Business Standard's Rajasthan Samriddhi 2025 said the state must cut business costs, improve logistics, and ease rules to attract investors and boost growth opportunities

Uttar Pradesh govt bets big on AI, data centres to boost jobs and IT parks

The Yogi government will invest over ₹10,700 crore to develop India's first 'AI City' in Lucknow

RBI's AI panel calls for balancing innovation with risk mitigation

Seven sutras outlined for fair, transparent, and safe AI adoption

GenAI paradox: Companies pouring billions into AI; it has yet to pay off

The winners so far have been the suppliers of AI technology and advice. They include Microsoft, Amazon, and Google, which offer AI software, while Nvidia is the runaway leader in AI chips

Refold AI raises $6.5 mn to scale autonomous enterprise integration agents

The San Mateo- and Bangalore-based startup will use the funds to grow its team, expand product integrations, and scale AI agents that automate enterprise workflows

India needs big push in AI, chips to compete with US, China, says CEA

CEA V Anantha Nageswaran said that the current trade-related matters are important but they should not blind us to other challenges

Reddit posts will not be archived on Wayback Machine: Here's what it means

Reddit is restricting the Wayback Machine to archiving only its homepage, blocking access to posts, comments, and profiles to prevent AI firms from scraping data

Here's why Musk's Grok AI was briefly suspended on X before being restored

Elon Musk's Grok AI was briefly suspended on X, prompting speculation after the bot claimed it was punished for Gaza genocide remarks; X restored the account within minutes

Speciale Invest raises ₹600 crore fund to back Indian deep-tech start-ups

Fund targets space, defence, and AI companies as firm bets on India's 'sovereign tech' capabilities amid global supply chain shifts

BSNL to offer AI, 5G networking course, sign MoU with global tech companies

BSNL has signed MoUs with Ericsson, Qualcomm, Cisco, and Nokia to launch 5G, AI, and networking training at its Jabalpur institute, aiming to train over 2,000 participants annually

Microsoft unveils AI tool to turn 2D images into 3D models: How to use

Available worldwide via Copilot Labs, which is a space for experimental features, Copilot 3D enables quick conversion of static images into 3D models