Page 124 - Artificial Intelligence

AI can help mfg, healthcare, other sectors scale new heights: Nadir Godrej

Business leader Nadir Godrej on Sunday said manufacturing, healthcare and other sectors in India can scale newer heights with the right use of artificial intelligence. Here to attend the World Economic Forum Annual Meeting, Godrej also said India can achieve its net-zero goals ahead of the deadline as the country is moving in the right direction on climate related matters. Speaking to PTI, he said AI has great potential to help various sectors by optimising processes and it should be seen as a facilitator rather than a disruptor. Godrej is chairman and managing director of business conglomerate Godrej Industries. Climate change, conflicts, geopolitical and geo-economic concerns and opportunities and threats posed by AI are among the key topics to be discussed at the five-day WEF annual meeting beginning here on Monday. Godrej said the meeting should yield several positive outcomes on areas like climate change, global economic concerns and conflict resolution.

'Crossed $200 bn in trade': USISPF President points to strong India-US ties

Mukesh Aghi, President and CEO of USISPF emphasized collaborative efforts in areas such as engines, quantum computing, artificial intelligence (AI), cybersecurity, and space partnerships

IMD to use AI to better forecasts, admits predicting weather challenging

As it celebrates 150th year of its establishment, the India Meteorological Department (IMD) has now set its eyes on fine-tuning its weather forecast models using artificial intelligence and faster supercomputers even though it struggles to predict small-level severe weather events. In an interview with PTI, IMD Director General Mrutyunjay Mohapatra said the weather office was setting up test beds in Odisha and Madhya Pradesh to better understand the physical processes leading to the formation of thunderstorms and heavy monsoon rains which could eventually help improve forecasts. The IMD will kick start its 150th-anniversary celebrations on Monday with the launch of Panchayat Mausam Seva' that aims to take weather forecasts to every farmer in every village and the National Framework for Climate Services to mainstream climate information in every sector and activity. Mohapatra said from issuing cyclone warnings at the Kolkata port in the late 19th century to issuing nowcasts that reac

AI start up CEO held for son's murder: Estranged husband meets Goa cops

The estranged husband of Suchana Seth, the AI start up CEO accused of killing her four-year-old child, on Saturday appeared before Calangute police in Goa as part of the probe, an official said. Seth allegedly smothered her son to death in a service apartment in Candolim in north Goa, packed his corpse in a bag and hailed a taxi to go back to Bengaluru but was arrested mid-way on January 8 in Chitradurga in Karnataka, as per police. "Venkat Raman, the accused's husband, arrived here from Bengaluru in the afternoon and reached Calangute police station. We will be recording his statement in the case as part of the probe," the official said. Raman was in Jakarta in Indonesia when the murder took place. According to police, as per the initial investigations the woman smothered her son to death before trying to commit suicide by slashing her wrist.

OpenAI CEO Sam Altman marries partner Oliver Mulherin; see photos

Open AI CEO Sam Altman got married to Oliver Mulherin at an undisclosed beach location surrounded by close friends and family, the viral images showed

German tech major SAP elevates Kulmeet Bawa to global chief revenue officer

In his new role, Bawa will be responsible for driving the growth and adoption of SAP BTP across the globe

Cyber inequity, AI key risks in 2024, says World Economic Forum study

AI advances pose more serious risk on elections that will be held this year across the world

Data centre firm Yotta's Nvidia AI chip orders to reach $1 billion: CEO

Sunil Gupta, CEO and co-founder of Yotta, told Reuters on Thursday that the order would comprise nearly 16,000 of Nvidia's artificial intelligence chips H100 and GH200 and will be placed by March 2025

Hollywood actors union signs first big deal for AI in voice-over work

The use of AI became a focal point of strikes by writers and actors strikes that paralysed production of films and TV shows for several months last year

AI-powered misinformation is biggest short-term threat: Davos report

False and misleading information supercharged with cutting-edge artificial intelligence that threatens to erode democracy and polarize society is the top immediate risk to the global economy, the World Economic Forum said in a report on Wednesday. In its latest Global Risks Report, the organisation also said an array of environmental risks pose the biggest threats in the longer term. The report was released ahead of the annual elite gathering of CEOs and world leaders in the Swiss ski resort town of Davos and is based on a survey of nearly 1,500 experts, industry leaders and policymakers. The report listed misinformation and disinformation as the most severe risk over the next two years, highlighting how rapid advances in technology also are creating new problems or making existing ones worse. The authors worry that the boom in generative AI chatbots like ChatGPT means that creating sophisticated synthetic content that can be used to manipulate groups of people won't be limited any

Yotta's AI data centre in GIFT City to be commissioned before March: Nvidia

Global computing major Nvidia on Wednesday said its partner Yotta is set to commission an "artificial intelligence data centre" in the GIFT City here before end of March. Speaking at the biennial Vibrant Gujarat Global Summit, Shankar Trivedi, senior vice president at Nvidia Global Field Operations, said the American company is partnering with Tata Group and Reliance Industries for setting up data centres. The data centre being set up by Yotta, a Hiranandani Group company, will go live before March, he said. "I'm very happy to inform you that our partner Yotta is setting up a state of the art AI data centre here in GIFT city and it will be available and go live before the end of March," Trivedi said. The Ahmedabad-educated Trivedi said sovereign generative AI requires scalable data centres and added that generative AI will impact everybody in the future.

Investigation underway in murder of 4-yr old boy: Goa CM Pramod Sawant

On Tuesday, the CEO of a start-up company in Bengaluru identified as Suchana Seth was arrested for allegedly murdering her minor son at a hotel in Goa

TSMC posts flat Q4 revenue but beats market expectations on AI boom

For December alone, TSMC reported that revenue fell 8.4% year-on-year to T$176.3 billion, which was down 14.4% compared with the previous month

Walmart experiments with AI to enhance customers' shopping experiences

Walmart has unveiled plans to dive further into the world of artificial intelligence -- and drones -- to improve its customers' shopping experiences. In a Tuesday keynote at trade show CES in Las Vegas, the nation's largest retailer announced that it would be expanding its drone delivery to 1.8 million additional households in the Dallas-Fort Worth metropolitan area later this year. Drones aren't new to Walmart -- which has already completed 20,000 drone deliveries across seven states to date -- but company leaders say that this expansion displays growing demand and efficiency. Walmart executives said no other rival has gotten this close to this type of drone concentration of households in a big metro market. Among AI advances, Walmart announced a generative AI-powered search experience for iOS customers, which suggests relevant products for consumer queries ranging from football watch parties to bridal showers. The company also provided a glimpse into InHome Replenishment, which ...

Microsoft's OpenAI investment risks merger probe, say EU regulators

The U.S. software giant, which last year committed to invest over $10 billion into OpenAI with a non-voting position on the board, has said it does not own any portion of OpenAI

Google faces $1.67 bn damages demand at AI-related patent trial in Boston

A lawyer for Singular Computing, founded by Massachusetts-based computer scientist Joseph Bates, told jurors that Google copied Bates' technology

We see GenAI as enhancer of total addressable market for us: Genpact CEO

In their first joint media interaction, Tyagarajan and Kalra speak about the company's legacy and the way forward in an interview with Ayushman Baruah

Smarter and better with GenAI: What is coming to your phone in 2024

This will be the year when the power of generative artificial intelligence will come embedded in our phones. You could use as a personal assistant to get quicker answers to queries

Coal ministry to build integrated platform for managing coal transport

The AI-powered Smart Logistics Plan will help build data sets for future planning

AI can help address challenges in marine fisheries, says NITI Aayog VC

The application of frontier technologies like artificial intelligence could help address the challenges in the marine fisheries sector, NITI Aayog Vice Chairman, Suman Bery, said here on Friday. Inaugurating a national workshop on harnessing the potential of fisheries in the marine states, Bery emphasised the role of technology as a vital growth driver. The workshop was organised at the ICAR-Central Marine Fisheries Research Institute (CMFRI) in association with Kerala Fisheries Department. Bery stressed the importance of understanding the dynamics of demand for prioritising production strategies. "Application of frontier technologies like artificial intelligence could help address the challenges in the marine fisheries sector. Given that demand for fish is on the rise, innovative strategies to enhance productivity are required," Bery said, adding that demand is the driving force of the economy. The workshop was held to discuss relevant issues in marine fisheries, develop tailored