Page 107 - Artificial Intelligence

India leads global tech sector with $ 254 billion revenue in FY24: Deloitte

Deloitte's report highlights India's growing tech dominance in spatial computing and generative AI

Tech Mahindra, Microsoft announce unified workbench for analytics platform

The collaboration will help organisations to adopt Microsoft Fabric and create complex data workflows with simple-to-use interface

Beware of deepfake of CEO recommending stocks, says National Stock Exchange

The exchange said its officials are not authorised to recommend or deal in any stocks

AI-operated fighter jet to fly US Air Force secy in test of drone warplanes

The Air Force is betting a large part of its future air warfare on a fleet more than 1,000 autonomously operated drones, and later this spring its top civilian leader plans to climb into one of those artificial intelligence-operated warplanes and let it take him airborne. Air Force Secretary Frank Kendall told senators on Tuesday at a hearing on the service's 2025 budget that he will enter the cockpit of one of the F-16s that the service has converted for drone flight to see for himself how it performs in the air. There will be a pilot with me who will just be watching, as I will be, as the autonomous technology works, Kendall told the Senate Appropriations Committee defense panel members. Hopefully neither he or I will be needed to fly the airplane. Drone warfare has quickly expanded from the sidelines of combat to one of its primary weapons. Drones are a daily threat in Ukraine and in the Middle East. In Ukraine, everyday citizens are targeted by Russian drones but also are ...

Elon Musk says AI will gain general intelligence, outsmart humans by 2025

"If you define AGI (artificial general intelligence) as smarter than the smartest human, I think it's probably next year, within two years," Musk said

Microsoft to invest $2.9 billon to expand AI, cloud infra in Japan

The investment - the company's largest in the 46 years of its operations in the country - will also go towards skilling three million people in AI and setting up a Microsoft Research Asia lab in Tokyo

Google unveils host of updates for AI Model for cloud computing customers

The company is rolling out the use of Google search results as a source for the AI model's answers, thereby providing greater accuracy and freshness, Kurian said

Next frontier in AI evolution: Hume.ai blends emotion and intelligence

Hume elevates conversational AI with 'emotional intelligence' for human-like interactions

AI, power purchase deals to help Delhi meet summer demand of 8,000 MW

The use of latest technologies such as artificial intelligence and long-term power purchase agreements with other states are among the steps taken by discoms to meet the national capital's high power demand this summer, officials said on Monday. With high temperatures projected for the season, Delhi's peak power demand is expected to cross 8,000 MW for the first time, reaching up to 8,200 MW, according to State Load Dispatch Centre data. The officials said the city's previous high was 7,695 MW in 2022 and last year's peak power demand was 7,438 MW. The peak power demand in the areas covered by BSES Rajdhani Power Limited's (BRPL) -- South and West Delhi -- which were 3,250 MW and 3,389 MW in the summers of 2023 and 2022 respectively, are expected to reach around 3,679 MW this summer, a BSES spokesperson said. The other BSES discom BYPL recorded the peaks of 1,670 MW and 1,752 MW during the summers of 2023 and 2022 respectively, in its distribution areas of Central and East Delhi.

50% of public service organisations set to use GenAI soon: EY survey

Public organisations recognise that Gen AI will improve the citizen experience and serve as a catalyst to drive innovation

AI demand could add 1 million tons to copper demand by 2030, says Trafigura

"That's not something that anyone has actually factored into a lot of these supply and demand balances." Rahim did not say what global copper demand would be in 2030

Wells Fargo boosts end-2024 target on S&P 500 to Street-high of 5,535

The index has gained 9% so far this year, broadly boosted by expectations of interest rate cuts and investor frenzy around the AI boom

How tech giants cut corners to harvest data for artificial intelligence

Like OpenAI, Google transcribed YouTube videos to harvest text for its AI models, five people with knowledge of the company's practices said

Data centre operator Yotta plans capacity booster for AI efforts

Apart from serving India, the company also aims to cater to the global demand

AI can drive efficiency, raises mkt concentration concerns: CCI chief Kaur

Artificial intelligence and machine learning can drive efficiency and innovation but also raise concerns related to market concentration and potential anti-competitive behaviour, according to CCI chief Ravneet Kaur. The watchdog CCI, which has the mandate to curb anti-competitive ways and foster fair competition, will soon commission a study to look at all aspects of artificial intelligence (AI). The request for proposal (RFP) for inviting agencies to conduct the study is expected to be issued in the coming weeks. In a recent interview with PTI, the Competition Commission of India (CCI) Chairperson Ravneet Kaur said the study will also look at how AI can also be used by the regulator. "The rise of AI and Machine Learning (ML) presents both opportunities and challenges in the context of competition law. "These technologies can drive efficiency, personalisation and innovation but also raise concerns related to market concentration and potential anti-competitive behaviour," she ...

IMD using AI, machine learning to enhance weather forecasts: DG Mohapatra

India's weather scientists have started harnessing the power of artificial intelligence and machine learning to enhance weather forecasts, India Meteorological Department Director General Mrutyunjay Mohapatra said. In a free-wheeling interaction with PTI editors, he said over the next few years, the emerging technologies would also complement numerical weather forecasting models which are widely used at present to predict weather. He said the weather office has been increasing observational systems to make mesoscale weather forecasts at the panchayat level or over 10 sq km area at a faster rate. The India Meteorological Department (IMD) has deployed a network of 39 doppler weather radars that cover 85 per cent of the country's landmass and enable hourly forecasts for prominent cities, Mohapatra said. "We have started using Artificial Intelligence in a limited way but within the next five years, AI will significantly enhance our models and techniques," he said. Mohapatra said the I

Vital signs of change: AI now lifeblood of India's hospital chains

All the major healthcare chains like Apollo Hospitals, Manipal Healthcare, and Aster DM Healthcare, among others, are using AI in prediction, prevention, diagnosis, and personalized management

Entry-level coders must specialise to minimise risk of job loss: Experts

India has seen 15-20% drop in entry-level tech jobs, potentially linked to AI automation

AI Fusion 2024 ITM SLS Baroda University Leads the Historical International Conference with ISRO (SAC) and DRDO Pune

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China may misuse AI to target polls in countries like India, US: Microsoft

China is likely to deploy Artificial Intelligence-generated content via social media to sway public opinion to boost its geopolitical interests during elections in countries like India, South Korea and the US, tech giant Microsoft has warned. Voting for 543 Lok Sabha seats in India will take place between April 19 and June 4, spread across seven phases. South Koreans will go to the polls in a general election on April 10 while the US will hold the Presidential election on November 5. "With major elections taking place around the world this year, particularly in India, South Korea and the United States, we assess that China will, at a minimum, create and amplify AI-generated content to benefit its interests," Clint Watts, General Manager, Microsoft Threat Analysis Center, said in a blog post. Despite the chances of such content in affecting election results remaining low, China's increasing experimentation in augmenting memes, videos, and audio will likely continue and may prove m