Page 114 - Artificial Intelligence

Nvidia overtakes Saudi Aramco to be world's third most-valuable company

The rally has been relentless this year. The stock has climbed about 70% and added some $883 billion in value

Govt to redesign Sugamya Bharat App to incorporate AI features: Official

The government will redesign the Sugamya Bharat App to incorporate artificial intelligence features to make it a one-stop point for people with disability, said Disability Affairs Secretary Rajesh Aggarwal on Monday. The app -- a crowdsourcing mobile application -- is a means to sensitise and enhance accessibility in the built environment, transportation sector and ICT ecosystem in India. "In AI, the features we aim to add are information from annual reports, various schemes, recent district-wise data and important judgements of the Supreme Court and High Courts," Rajesh Aggarwal, Secretary in the Department of Empowerment of Persons with Disabilities, told PTI. For this, an agreement has been signed between the Department of Empowerment of Persons with Disabilities under the chairmanship of Aggarwal with NGOs Mission Accessibility and National Association For The Blind (NAB Delhi) and research institute I-STEM. "The objective of this MoU is to deliver a fully accessible, multiling

IBM expands Expert Labs in India to guide clients on emerging tech adoption

It is critical to have the right skill sets and talent to integrate new technologies into their existing IT landscape/business processes

Google apologises for Gemini results on PM, calls AI platform 'unreliable'

Union Minister Rajeev Chandrasekhar criticised this response, stating that claiming unreliability is not a sufficient defence for AI platforms

Advisory on regulation of AI Platforms needs to be understood: IT Ministry

MeitY's advisory on the regulation of AI platforms, stipulates that large platforms seek explicit permission from the government to utilise AI in their software

The paradox at the heart of Elon Musk's lawsuit against the OpenAI

Most leaders of AI companies claim that not only is AGI possible to build, but also that it is imminent

Leaning on AI for early childhood learning

AI improves the learning experience of children and helps teachers to adopt new ideas and models. It is useful in assisting India's target in improving childhood learning

Phones smarter with generative AI give industry hope to ring in sales

Technology improves videos and photos on devices, enables multiple tasks to be done in a single prompt from the user

BPO employees face maximum risk of getting replaced by AI: Nasscom chairman

Workers in the business process outsourcing (BPO) sector are at the maximum risk of getting impacted by the influx of generative artificial intelligence, IT industry body Nasscom's chairman Rajesh Nambiar has said. Nambiar, who is also the chairman and managing director of global technology major Cogniozant's India unit, said workers in the software services industry, the Indian tech industry's mainstay, do not have much to worry. "People who work on process related industry, which we traditionally used to call as BPO (business process outsourcing)... Some of that runs the risk of getting replaced with an AI engine pretty quickly," he said at a seminar organised in Pune over the weekend. He stressed that the USD 48.9 billion BPM (business process management) industry has evolved quite a bit from merely managing simple business processes. There are heightened concerns around the impact of AI on jobs, especially in the over USD 250 billion Indian tech sector which contributes ...

Meity issues advisory, asks cos to take permit before launching AI products

The ministry has also asked platforms to ensure that the biases arising out of their AI models or platforms do not hamper the electoral process in India

'Categorically disagree' with Elon Musk's lawsuit, says AI startup OpenAI

In a separate memo, also seen by Bloomberg, Altman called Musk a hero of his and said he misses the person he knew who competed with others by building better technology

Elon Musk sues OpenAI, chief executive Sam Altman for abandoning mission

Musk co-founded OpenAI in 2015, but stepped down from its board in 2018. He also runs electric vehicle maker Tesla and rocket maker SpaceX and bought Twitter for $44 billion in October 2022

Need for innovation to deal with challenges greater than ever: Bill Gates

The need for innovation to deal with different challenges is greater than ever, Microsoft co-founder and philanthropist Bill Gates said Thursday, asserting that Artificial Intelligence (AI) is the most transformative technology he has seen in his lifetime. Addressing students at Indian Institute of Technology (IIT), Delhi, he encouraged them to leverage the technology for social good and asserted that the AI advances will give them opportunities as well as force them to think through the new systems. "I am looking at India in a far broader way. I am lucky enough, through the work of the foundation, to look at innovators who can help with all kinds of problems -- starting with health, but also agriculture, gender, and climate. We need fantastic Indian innovation," Gates said during his keynote address on "Innovation for Public Good". "The need for innovation to deal with many different challenges is greater than ever. You are all lucky to be here and have gotten an incredible ...

Best of BS Opinion: Sustained momentum, BJP's manifesto on defence & more

Here is the best of Business Standard's opinion pieces for today

AI and competition: Old wine in new bottles?

Big Tech's partnership with GenAI startups echoes a familiar playbook designed to stymie competition and monopolise markets. Regulators must act swiftly

US SEC investigates whether OpenAI investors were misled, says WSJ

The SEC's probe may not lead to any finding of wrongdoing by the parties involved. OpenAI selected two lawyers from the firm WilmerHale to conduct its investigation into the events

Samsung announces microSD cards for products with on-device AI capabilities

With our two new microSD cards, Samsung said, we has provided effective solutions to address the growing demands of mobile computing and on-device AI

Artificial intelligence chatbots not ready for election prime time: Study

All of the models performed poorly. The results found that just over half of the answers given by all of the models were inaccurate and 40% were harmful

Walmart, IIT Madras partners to launch center for tech excellence for MSMEs

The center will focus on developing solutions to help MSMEs adopt Artificial Intelligence (AI) and digitization to enhance operational efficiency and profitability

OEMs push for GenAI in flagship smartphones, do we really need it

Global players like Samsung, Google have already launched premium smartphones, such as Google Pixel 8, Samsung S24 Ultra, with on-device GenAI features, Chinese manufacturers are also following suit