Page 45 - Artifical Intelligence

PM Modi meets Satya Nadella to discuss India's AI-driven tech future

Prime Minister Narendra Modi on Monday expressed happiness at Microsoft's ambitious expansion and investment plans in India following his meeting with the company's chairman and CEO Satya Nadella. In a post on X, PM Modi said, "It was indeed a delight to meet you, Satya Nadella! Glad to know about Microsoft's ambitious expansion and investment plans in India. It was also wonderful discussing various aspects of tech, innovation and AI in our meeting." After the meeting, Nadella thanked Modi for his leadership and said, "Excited to build on our commitment to making India AI-first and work together on our continued expansion in the country to ensure every Indian benefits from this AI platform shift.

India-US ties have reached new heights in tech, defence, AI, says PM Modi

The India-US comprehensive global strategic partnership has scaled new heights, including in areas of technology and defence, Prime Minister Narendra Modi said on Monday after US National Security Advisor Jake Sullivan met him. Sullivan is on a visit to India two weeks ahead of Donald Trump's inauguration as the 47th President of the US. "It was a pleasure to meet the US National Security Advisor @JakeSullivan46," Modi said on 'X'. "The India-US Comprehensive Global Strategic Partnership has scaled new heights, including in the areas of technology, defence, space, biotechnology and Artificial Intelligence," he said. "Look forward to building upon this momentum in ties between our two democracies for the benefit of our people and global good," Modi added. Sullivan held wide-ranging talks with his Indian counterpart Ajit Doval and External Affairs Minister S Jaishankar. The implementation of the US-India Initiative on Critical and Emerging Technology or iCET figured in the two ...

Om Birla urges women PRI leaders to adopt AI, innovation for governance

Lok Sabha Speaker Om Birla on Monday asked women representatives from Panchayati Raj Institutions (PRI) to embrace artificial intelligence (AI) and innovation in order to make their areas more "people-oriented". Speaking at the 'Panchayat se Parliament 2.0' programme, Birla stressed the importance of technological advancements to drive sustainable development and improve governance at the grassroots level. The event, held at the historic Central Hall of Samvidhan Sadan, was organized by the Parliamentary Research and Training Institute for Democracies (PRIDE) in collaboration with the National Commission for Women and the Ministry of Tribal Affairs. More than 500 women PRI representatives from 22 states and Union territories participated, with the gathering serving as a platform for reaffirming India's commitment to women-led development and grassroots empowerment. In his address, Birla underscored the transformative power of women leadership in strengthening India's democracy, ...

AI chatbots boost US holiday season online sales by 4% in 2024: Report

Shoppers used AI-based chatbot services 42 per cent more than a year ago, according to Salesforce, which analyzed data from 1.6 trillion page views on its platform

With new $650 mn war chest for India, Accel eyes AI, fintech startups

Global venture capital firm Accel on Monday announced that it has raised a USD 650 million early-stage fund to fuel the next generation of category defining startups in the focus sectors of artificial intelligence (AI), consumer, fintech and manufacturing. Accel is the first institutional investor in 80 per cent of its portfolio companies. Its prominent portfolio companies include BlackBuck, BlueStone, Cult.fit, Flipkart, Freshworks, Swiggy, Urban Company and Zetwerk. "Accel, a leading global venture capital firm, today announced that it has raised a USD 650 million early-stage fund dedicated to supporting bold founders in India and Southeast Asia," the company said in a release. Accel said its latest fund eighth in India and Southeast Asia -- builds on its commitment to partnering with early-stage founders to establish disruptive, category defining businesses that create meaningful impact. Sectors in focus for this fund include AI, consumer, fintech and manufacturing. On Accel's

'Digital timepass' is India's 'lying flat': How boredom became a business?

In smaller Indian cities and towns, where opportunities for advancement are few and dwindling, the nounis emerging as something of a social and cultural phenomenon

AI can't replace human decision-making on battlefield: Chinese military

Investing heavily in modernisation, the Chinese military has cautioned its armed forces against banking heavily on artificial intelligence saying that AI should be a tool to guide but not a replacement for human decision-making in the battlefield because it lacks self-awareness capability. As AI evolves, it must remain a tool guided by human judgment, ensuring accountability, creativity, and strategic adaptability remain at the forefront of military decision-making an article published in People's Liberation Army Daily, the official media of the Chinese military said on New Year's Eve. AI must work in tandem with human decision-makers to optimise command effectiveness, enhancing rather than replacing human agency, it said. AI can be used to augment human capabilities through data analysis, simulations or planning but cannot replace the human factor. Human autonomy and creativity are indispensable on the battlefield, it said adding that while human commanders can respond to ...

CES 2025: LG to introduce on-device AI features with upcoming Gram laptops

LG's new AI features include a Microsoft's Recall-like "Time Travel" feature which will allow users to revisit web pages, documents, videos and audio files

AI Agents: What are they and why technology industry is excited about them

AI agents are AI-powered tools that are designed to automate tasks and solve complex problems with minimal supervision

'This doesn't seem like suicide': Elon Musk on OpenAI whistleblower's death

Poornima Rao, the mother of the OpenAI researcher, raised concerns about the investigation conducted by the San Francisco Police Department

CM Fadnavis asks transport department to use AI for road safety measures

Maharashtra Chief Minister Devendra Fadnavis has asked the state transport department officials to increase the use of Artificial Intelligence (AI) in order to minimise road accidents. Fadnavis also directed them to enforce policies for scrapping all vehicles above 15 years of age, a release issued by the Chief Minister's Office on Monday said. The Maharashtra government has signed an agreement with Google, it said, adding the CM asked the transport department to increase the use of AI to strengthen the sector's security and sustainability, using the agreement. The CM reviewed the next 100-day action plans for the transport, ports and the state airport authority departments in a meeting at the Sahyadri guest house. He emphasised the need for scrapping all vehicles older than 15 years, both public and private. As per the release, more than 13,000 outdated government vehicles will be scrapped, and the state transport corporation's buses older than 15 years will be replaced or ...

Cloud, AI-ML top emerging techs adopted by Indian banks, reveals RBI survey

The survey, conducted in November 2024, included responses from 12 state-owned banks and 19 private sector banks to assess the adoption of emerging technologies

AI, cybersecurity to drive 1 mn jobs by 2030: Quess IT Staffing report

Strategic investments in upskilling will remain pivotal as the workforce adapts to increasing demand for AI, cybersecurity, and cloud computing

Indian IT sector 'bytes' into 2025 with cautious optimism amid big AI bets

The Indian IT industry steps into 2025 with hope and optimism of improved tech spending and stronger deal pipeline as businesses across-the-board take bold AI bets, but all eyes are on global macroeconomic cues as well as the US' stance on trade and high-skilled immigration as President-elect Donald Trump returns to White House next month. With Q2 report card of most IT heavyweights fuelling hopes of an improved client demand over the coming quarters - industry pundits predict a notable rebound in growth and profitability metrics materialising by late 2025 or the second half of FY26, if all goes well. Experts also expect tech M&A counters to buzz right through 2025, with big data, cloud and Gen AI (Generative AI) acting as major draws for companies with takeover appetites. Meanwhile, the IPO market - heady from 2024 highs - seems all primed up for yet another blockbuster year as a slew of tech startups are readying for a market debut to capitalise on euphoria. Sindhu Gangadharan, .

Year-ender 2024: AI graduates from buzzword to go-to industry application

The year 2024 brought innovations in AI applications, from healthcare to fighting online fraud, and more. However, this election year also raised concerns about AI biases and deepfakes

AI has potential to aid fair competition for sustainable growth: CCI chief

Artificial Intelligence (AI) has the potential to aid cartelisation by automating collusive behaviour through predictive algorithms, Competition Commission chief Ravneet Kaur has said, asserting that the watchdog is focused on developing ecosystems that ensure algorithmic transparency and accountability while promoting innovation. The Competition Commission of India (CCI), which works to curb unfair business practices in the market place, has commenced the study on Artificial Intelligence (AI) and competition that is expected to be completed by mid-2025. The study will look at various elements, including AI in the area of logistics and algorithms in general. In an interview to PTI, Kaur said mere use of algorithms cannot be anti-competitive but in case the algorithms are manipulated, then that is a competition issue. "AI has the potential to aid cartelisation by automating collusive behaviour through predictive algorithms... our focus is on developing ecosystems that ensure ...

2025 to see AI turn into business value as it becomes reality at scale

Artificial intelligence (AI) transitioned from a temporary trend to a widespread reality, gaining traction across industries due to its potential to enhance efficiency, generate revenue and create entirely new roles, yet concerns around its use and impact on jobs remained. Gone are the days when it was merely a buzzword; AI has now become an integral part of business strategy across various sectors. But its full impact on jobs is little known and so is the issue of intellectual property, data ownership and its privacy implications, and liability - who is liable if an accident or mishap occurs due to the use of AI. As technology becomes increasingly human-like and pervasive, organisations are now striving to unlock business value through innovative methods to engage customers and employees, enhance operational efficiencies, and generate new revenue streams, Wipro CIO Anup Purohit said. "We are working towards a future where AI is integrated seamlessly into everyday operations beyond

Taiwan's science ministry warns chip, AI funding cuts could impact tech

Taiwan's Ministry of Science and Technology estimate comes after the Ministry of Economic Affairs on Tuesday warned that the country's collaboration with tech companies, such as Micron , AMD, Nvidia

Taiwan outpaces Asia-Pacific markets with over 30% jump in 2024; what next?

The standout growth in Taiwan's stock market was largely driven by the country's critical role in the global semiconductor supply chain, according to analysts

Genesis: A thought-provoking guide to balancing AI's promise and perils

Henry Kissinger, Eric Schmidt, and Craig Mundie unveil a roadmap to balance AI's transformative potential with safeguards for a sustainable, human-centred future