Page 117 - Artificial Intelligence

Disney leans on AI in latest class of startup investments: Report

Walt Disney Co. chose three companies working on artificial intelligence to be among the five picked for its annual business incubator program

Google pauses AI image generation of people after race inaccuracies

Earlier this week, Google said it was aware Gemini was offering what it called 'inaccuracies in some historical image generation depictions.'

57% Indian consumers prefer AI tools over human interaction, shows data

Human interaction remains a top choice when considering aspects of decision-making, customer support, and returns or cancellations, said the survey

Generative AI will be disappointing in the short term, says Noshir Kaka

Noshir Kaka, Senior Partner and Co-lead of global Technology, Media & Telecommunications Practice, McKinsey & Company, says that GenerativeAI (GenAI) is like a double-edged sword

Majority of Capgemini's 2 billion euros investment in AI coming to India

The other big focus of the investment for the firm is partnership and setting up CoEs. India has always been the centre point for the firm when it comes to CoEs. At present, the firm has over 100 CoEs

Google releases 'open' artificial intelligence models after Meta, others

The Alphabet subsidiary said individuals and businesses can build AI software based on its new family of "open models" called Gemma, for free

AI model backed by Mukesh Ambani's Reliance Industries to launch in March

The BharatGPT group, encompassing an arm of India's most valuable company and eight affiliated universities, offered a sneak peek of the large language model Tuesday

Artificial intelligence to save more time for chartered accountants: ICAI

Artificial intelligence will provide a helping hand and free up a lot of time for chartered accountants to focus on analytical work, ICAI President Ranjeet Kumar Agarwal said on Wednesday and highlighted that there is a huge demand for chartered accountants. The Institute of Chartered Accountants of India (ICAI) expects there will be a need for around 30 lakh chartered accountants in the next 20 to 25 years and last year, around 22,000 students cleared the chartered accountants examination. At a briefing in the national capital, Agarwal, who took charge as the president on February 12, said a committee will be coming out with a roadmap in the next two months on the use of Artificial Intelligence (AI) at the Institute of Chartered Accountants of India (ICAI). He emphasised that Artificial Intelligence (AI) is a tool and is saving a lot of time. "This will give you (chartered accountants) more time for application of mind, analytics... I believe AI is going to be a helping hand for t

Tech cos in India hope for chunk in $300 bn global AI market by 2027

The country has several advantages, including one of the world's largest pools of IT and engineering talent and a fast-growing domestic market, they concluded

'A large part of our Gen AI asset development happens from india'

Ghosh speaks on the sidelines of Nasscom Technology Leadership Forum in Mumbai, and shares India's role in driving the GenAI strategy

AI market in India to touch $17 billion by 2027: Nasscom-BCG report

India's AI market, growing at a compounded annual growth rate (CAGR) of 25-35 per cent is projected to reach USD 17-billion by 2027, according to a report. This growth is fueled by multiple factors including increasing enterprise tech spending, India's growing AI talent base and a significant increase in AI investments, the report titled "AI Powered Tech Services: A Roadmap for Future Ready Firms; AI & GenAI's Role in Turbocharging the Industry." The Nasscom report in partnership with BCG was released on Tuesday at the sidelines of the Nasscom Technology & Leadership Forum 2024 here. Globally, investments in AI have seen 24 per cent CAGR since 2019, with 2023 seeing close to USD 83-billion investment, it said. Majority of investments were made in data analytics, GenAI, and ML algos and platforms, as per the report. Notably, around 93 per cent of the investments made by Indian tech services and made-in-India product players focus on digital content, data analytics and supply ...

AI framework to be presented by July: MoS IT Rajeev Chandrasekhar

Chandrasekhar also added that there needs to be a more global consultative approach while coming out with regulations regarding AI

TMS Ep633: Electoral bonds, startup rebound, IT stocks, Sora AI

What's next after the electoral bonds ban? Are India's listed startups turning the corner? Will IT sector be the dark horse of 2024? What is Sora AI? All answers here

Kohli's deepfake video promoting betting app goes viral, watch video here

Virat Kohli's deepfake goes viral on different social media platforms, where he can be seen promoting a betting application promising significant returns. Watch the video here

Samsung's campus programme at VTU to train 1,100 youths in AI, IoT domains

Samsung Semiconductor India Research has inaugurated its 'Samsung Innovation Campus' programme at the Visvesvaraya Technological University to upskill youth in future tech domains such as Artificial Intelligence (AI) and Internet of Things (IoT) and make them job-ready. Under the programme, Samsung Semiconductor India Research (SSIR) will train 1,100 undergraduate engineering students across Karnataka. Announcing that SSIR has launched the 'Samsung Innovation Campus' programme at Visvesvaraya Technological University (VTU), a release said the initiative underlines Samsung's commitment towards the government's Skill India initiative as part of the company's vision of powering digital India. "The pilot project between SSIR and VTU is an effort to equip students with knowledge and skills of cutting-edge technologies, contributing to the growth of the technology ecosystem in Karnataka," the release said. The initiative, led by experts with access to Samsung Innovation Campus content in

After a dry spell, SoftBank rides the AI wave to power India story

After a year of quiet, Japanese investor returns to investing with $75-125 million AI push

Meta to introduce deepfake helpline on messaging platform WhatsApp

The helpline, expected to be available for public use next month, will allow users to flag deepfakes by alerting a dedicated WhatsApp chatbot

Reddit signs content licensing deal with AI company ahead of IPO: Report

The details of the AI deal could change as talks over the Reddit IPO launch, which could come in March, continue

AI sales platform Kanlet raises $400,000 in pre-seed funding led by Suvan

Company that provides data and insights for B2B sales will use the financing for product development, marketing

AI can be 'Fastag' for India's growth: Google India head Sanjay Gupta

It can break barriers to information accessibility, says Google V-P Sanjay Gupta