Page 3 - Artifical Intelligence

Property tech firms find new opportunities in real estate through AI

While AI boosts property sales and efficiency, buyers and experts agree human trust remains essential

IBM and Sarvam partner to accelerate sovereign AI adoption in India

IT major IBM and Indian AI firm Sarvam on Friday announced a partnership to accelerate the development and adoption of sovereign Artificial Intelligence (AI) technologies for the government and regulated enterprises in India. The partnership aims to demonstrate and pilot technologies tailored for central and state governments, public sector organisations and regulated industries, according to a company statement. The initiative will integrate IBM Sovereign Core, a software designed to enable control over data and governance, with Sarvam's sovereign AI stack, which features reasoning models and India-first language and voice AI trained locally from scratch. "Sovereign AI is not simply about where AI runs. It is about giving organisations control over how AI is governed, deployed, and operatedwe aim to help organisations operationalise sovereign AI and accelerate the journey from experimentation to production-scale outcomes," said Sriram Raghavan, General Manager, IBM Software, India

Nifty IT slips 4%; Persistent, Mphasis plunge 5%; why are tech stocks down?

Technology stocks witnessed some profit-taking on Friday following a 19% rally in the Nifty IT index this July.

India is being rediscovered as the premier anti-AI trade: Manish Bhandari

AI trade is unwinding from the inside. The largest hyperscalers are funding capex with debt at a scale that has turned free cash flows negative said Manish Bhandari, CEO at Vallum Capital.

Meta's AI splurge lays bare its compute conundrum, cash flow shrinks by 91%

Pressed by analysts for details on Meta's plans, Zuckerberg framed compute as a scarce strategic asset that the company should keep and build around, rather than simply sell for short-term profit

Sarvam open to govt owning stake in frontier model firms: Co-founder

Sarvam plans to launch a trillion-parameter AI model within six months and says it is open to government ownership as India advances its sovereign AI ambitions

Samsung chip profit jumps 250-fold, signs long-term AI supply deals

The company's net profit for the quarter ended June 30 climbed to 71.27 trillion won ($49.2 billion).

Perfect Dream Girl: A bold critique of tech, desire, and gendered power

Readers can expect discussions ranging from the influencer economy, deepfakes to AI girlfriends, algorithmic desire, & the male loneliness epidemic - all packaged as witty letters to a faceless man

AI stock correction reflects a more rational market reassessment

AI is transformative. People expect it to not only generate gargantuan profits but also to alter the way society functions

Imarticus acquires Singapore's BELLS to boost Southeast Asia presence

Ed-tech firm plans to make Singapore its regional learning hub as it prepares for a Rs 1,000 crore IPO and targets higher international revenue

Inside India's AI boom: Data centres, energy and the infrastructure race

India's AI boom is fuelling a race to build data centres, expand electricity networks and strengthen digital infrastructure. Here's why these facilities matter, how they work and the challenges ahead

AI singularity explained: Why tech leaders say it has already started

From Altman to Musk, AI leaders keep invoking singularity this year. Here is what the term actually means, and why experts remain unconvinced it has arrived

AI-powered cyberattacks are rising: Can cybersecurity keep up with hackers?

Cyberattacks are becoming faster and more automated with AI. Here's how the technology is changing the battle between hackers and security teams

OpenAI to provide free ChatGPT access to researchers: What's in the plan?

OpenAI will provide free access to its frontier AI models to 100,000 researchers by 2027, alongside training, research support and collaboration tools for scientific discovery

EU AI Act: What changes as new transparency rules take effect from August 2

The European Union's AI transparency rules become applicable from August 2, bringing mandatory disclosures for certain AI-generated content and significant penalties for violations

Global AI selloff lifts Indian markets; Nifty sees best day in over 6 weeks

Correction in South Korean tech stocks led to Kospi falling for a 2nd straight session

Gen-AI may substitute 8-12% of India's non-farm workforce: Goldman Sachs

Goldman Sachs says GenAI could augment nearly half of India's non-farm workforce while replacing jobs with repetitive tasks and lifting productivity

AI shifts from experimentation to measurable business impact: NTT Data

Clients are seeking profit-and-loss gains from AI, using productivity savings to fund transformation as demand shifts from traditional developers to domain specialists

Indian manufacturers back AI for growth but lag on innovation: PwC report

Report says Indian manufacturers are more optimistic about AI than global peers but warns weak innovation and poor technology integration could hurt long-term competitiveness

AI startup Freehand raises $75 million for supply-chain expansion

Battery Ventures and NewRoad Capital co-lead funding as startup expands AI agents that automate procurement and supply-chain spending for Fortune 500 companies