Page 24 - Artifical Intelligence

AI needs to be democratised and made accessible for all: Cloudflare CEO

Addressing the India AI Impact Summit, Cloudflare's CEO Matthew Prince also highlighted the importance of building sustainable business models around AI, which fairly compensates people for their work

AI can make India global creative capital, says JioStar's Uday Shankar

India-AI Impact Summit 2026: Uday Shankar said AI can help India become the world's creative capital by cutting costs, boosting storytelling and helping local content reach global audiences

AI can lift global growth by 0.8%, but poses high risk to jobs: IMF chief

At the India AI Impact Summit, IMF chief Kristalina Georgieva said AI could significantly boost global output and drive stronger economic growth worldwide

Biotech sovereignty in AI is key to India's health security: Biocon's Shaw

India AI Impact Summit 2026: Kiran Mazumdar-Shaw said India must build biotech sovereignty powered by AI to protect health security and lead the future of medicine

India to focus on providing affordable compute capacity to all: MoSPI Secy

India is focusing on a model where the government, philanthropists and the private sector can collaborate to ensure that affordable computing capacities are accessible to all, Statistics Secretary Saurabh Garg said on Friday. Speaking at a session 'Building Public Interest AI: Catalytic Funding for Equitable Access to Compute Resources' at AI Impact Summit, Gard said, "The focus is not on rationing but on intelligent prioritising (of compute capacity access). I think that is going to be the focus that impute capacity is enabling platform". He said philanthropic organisations will have a large role to play, as their focus is on ensuring AI benefits for all. "So, with that focus in view, the government, philanthropic organisations and the private sector can collaborate to ensure that affordable computing capacities are accessible to all. I think that's the models that we are looking at and that will ensure experimentation going forward," he stated. Artificial intelligence (AI) will .

PM Modi, UN Secretary General Antonio Guterres hold bilateral talks

Guterres arrived in India to attend the AI Impact Summit 2026

Reddit is testing AI-powered shopping results in Search: How it works

Reddit is trying out a new way to show product suggestions in Search, turning user discussions into clickable shopping results for select users in the US

US promotes AI sovereignty, exports at India AI impact summit 2026

The summit also served as a platform to unveil several new initiatives under the American AI Exports Programme

AI can transform healthcare in areas lacking specialists: Ex-WHO official

The India AI Impact Summit reflects on the transformative potential of AI, aligning with the national vision of 'Sarvajana Hitaya, Sarvajana Sukhaya'

Investors stung by AI may turn to India, lured by domestic demand: Analysis

Left behind and sold by foreigners ​through a years-long rally in everything tied to computing and AI infrastructure, India's 'anti-AI' equity market ​is starting to catch up

Asian shares are mixed, US futures up as AI fears drag Wall Street lower

Shares were mixed Friday in Asia as worries over risks linked to massive investments in artificial intelligence and a potential US-Iran conflict weighed on major benchmarks. US futures edged higher, while oil prices resumed their ascent. Crude prices have been climbing as both the United States and Iran signal they are prepared for war if talks on Tehran's nuclear programme fizzle out. Tokyo's Nikkei 225 fell 1.2 per cent to 56,797.22 as shares in major banks and other financial institutions skidded on worries over the potential impact of weakening private credit companies that have lent to companies exposed to the risk that AI will steal away their businesses. That includes market heavyweights like Mitsubishi UFJ Financial Group, which has a partnership with Blue Owl Capital, one such private-credit company. MUFJ's shares dropped 2.6 per cent in Tokyo after Blue Owl lost 5.9 per cent on Thursday. Toyota Motor Corp. fell 3.9 per cent and Sony was down 3.3 per cent. In Hong Kong, t

AI sovereignty doesn't imply digital isolation: Yotta CEO Sunil Gupta

Sovereignty in artificial intelligence (AI) does not imply isolation or complete self-reliance, but rather strategic control, Sunil Gupta, MD and CEO of Yotta Data Services, said on Friday. Speaking at the AI Impact Summit 2026, Gupta stressed that global interdependence in technology is inevitable. "We will always remain interconnected and interdependent across the world." He further said that some countries will excel at chips, others at raw materials, data, models, talent, or capital, so "collaboration is essential". However, he clarified that sovereignty does not mean attempting to build everything domestically or turning inward. Instead, it means ensuring that no single country or company can dictate a nation's digital future. "Sovereignty is also confused with (the idea that) we will do everything ourselves. We'll start looking inwards. We will isolate ourselves from the rest of the world, and everything is done by us... Sovereignty, for sure, does not mean we become isolated

Institutions need not be gung-ho, use AI if it is tested: MoSPI official

Institutions need not be gung-ho about the use of AI-based solutions until they are tested and trustworthy, a government official said on Friday. Rohit Bhardwaj, Deputy Director General, Data Informatics & Innovation Division, Ministry of Statistics and Programme Implementation (MoSPI), also suggested that government departments should make the relevant data AI-ready by creating files that are readable by a computer. "There should be context files, there should be semantics, and there should be metadata," he said, emphasising the storage of information in a structured format so that they become AI-ready. Flagging the importance of testing an AI solution before putting it into use, Bhardwaj cited a report by a group of researchers from a Canadian university, which shows that AI can analyse a particular data set in multiple ways even if given similar prompts. "I just want to flag that we should not be just gung-ho about things which is still untested," he said at the AI Impact ...

Power stocks in demand: ABB, Siemens, Hitachi, Torrent soar up to 8%

According to Hitachi Energy, the Union Budget lays out a strong roadmap for technology-led growth with higher public capital expenditure and a clear push for AI data centers and advanced manufacturing

US-India partnership critical for future of AI: Google CEO Sundar Pichai

Google CEO Sundar Pichai said that AI is on the cusp of an era of hyper progress and new discoveries, and the US-India partnership has a critical role to play in it

Global food systems under strain, AI can transform agriculture: Fadnavis

At the India AI Impact Summit, Fadnavis said agriculture is not just an economic activity but a pillar of livelihood, social stability, and national security for countries of the Global South

Brazilian Prez hails AI Summit, says digital world returned to its homeland

Brazilian President Luiz Inacio Lula da Silva on Thursday said his country advocates governance which ensures that artificial intelligence (AI) strengthens democracy, social cohesion and sovereignty of nations. In his address at the Leaders' Plenary Session at the AI Impact Summit here, he also asserted that putting human beings at the "centre of our decisions is an urgent task". Earlier, Prime Minister Narendra Modi inaugurated the summit and unveiled the 'MANAV' vision for a human-centric approach and use of AI with a strong accent on sovereignty and inclusivity. The inaugural ceremony saw the presence of several heads of state, including President Lula, French President Emmanuel Macron, many global AI leaders, academicians and researchers, heads of many tech giants and philanthropists, among others. At the Leaders' Plenary Session, the Brazilian president delivered an address in Portuguese. He also posted excerpts from his speech in a series of posts in Portuguese on X along wi

Tharoor praises AI Summit, says some glitches can happen at any large event

Congress leader Shashi Tharoor on Thursday praised the AI Impact Summit, saying the first couple of days had gone "extremely well" and "some glitches" can happen at any "large event". He said what has been impressive is the attendance of presidents, prime ministers, and world leaders who have come with a strong message of wanting to see a newly integrated world in artificial intelligence development. While noting that the first couple of days went "extremely well" at the summit, Tharoor said there have been "some glitches" but such issues can happen at big events. His remarks come a day after former Congress president Rahul Gandhi dubbed the ongoing AI Summit in Delhi a "disorganised PR spectacle" and alleged that Chinese products were being showcased there. Congress president Mallikarjun Kharge and other senior party leaders have also criticised the event, saying alleged mismanagement has resulted in "embarrassment" for the country. Responding to a reporter's question after the .

India's share of global funding pie in AI stands at 0.6%, shows data

Based on data from CB Insights, total funding for AI companies in India in 2025 stood at $1.34 billion across 198 deals

AI Impact Summit: PM Narendra Modi puts MANAV at heart of AI vision

PM Modi tells global leaders at the AI Impact Summit that AI must be democratised, ethically deployed and guided by the MANAV framework, as India positions itself to shape global AI governance