Page 19 - Artificial Intelligence

21% of surveyed banks, institutions implementing/developing AI: Eco Survey

There is a convergence in priorities among central banks as they adopt AI, which includes using AI to enhance decision-making, improve operational efficiency, and manage risks effectively, survey said

Persistent Systems eyes expansion in Europe, to cut reliance on US market

Persistent Systems plans to scale up its Europe business to diversify revenues away from the US, as macroeconomic uncertainty, muted IT spending and sector-wide volatility continue to challenge growth

NxtGen selects Dell AI Factory, Nvidia to build national-scale AI factory

Dell and Nvidia partner with NxtGen AI to build India's largest sovereign AI factory, featuring over 4,000 Blackwell GPUs to power next-gen AI workloads

Data privacy, security gain importance as AI adoption accelerates

As artificial intelligence becomes widespread and India implements the DPDP Act, enterprises are being forced to rethink data privacy, governance, and cybersecurity strategies

IAN Alpha Fund invests ₹25 crore in D-Propulse to boost testing, R&D

D-Propulse is building an indigenous rotating detonation engine (RDE)-based propulsion system

Army to equip unmanned systems, autonomous software for future warfare

Indian Army to deploy V-BAT drones and AI-driven autonomy software as it steps up capabilities for future, contested battlefield operations

Slack's Rob Seaman says 2026 will mark true adoption of agentic AI

Slack chief product officer and CEO Rob Seaman explains how Slackbot is bringing agentic AI into daily workflows and improving productivity across enterprises, including in India

India-EU trade deal to back innovation hubs, startups and emerging tech

India and the EU adopt a Joint Strategic Agenda to deepen cooperation on technology, innovation and startups, spanning AI, semiconductors and clean tech

Meta inks $6 bn deal with Corning for AI data center fiber cables: Report

Corning's optical connectivity products are among key components required to support the massive computing and data transmission demands at data centers

Cropin unveils AI agriculture platform to rewire global food supply chains

New ecosystem with Google, BCG, Wipro and others aims to reduce climate, data and procurement risks in agriculture

SpotDraft raises $8 mn from Qualcomm Ventures in Series B extension round

Funds to deepen AI capabilities and expand enterprise presence across key global markets

ChatGPT Health promises personalised care, but it comes with many risks

OpenAI says it has worked with more than 260 clinicians in 60 countries, to give feedback on and improve the quality of ChatGPT Health outputs

India needs culturally rooted AI to counter Western bias: EY India

As India accelerates its quest for sovereign AI, the nation must prioritise the release of government-held data to counter the western standpoint of current global models, EY's Rajnish Gupta said. Ahead of the Union Budget, Gupta urged the government to make vast amounts of public data available to local developers to ensure India builds AI that reflects its own identity. Gupta, Partner, Tax and Economic Policy Group, EY India, warned that today's most popular Large Language Models (LLMs) are fundamentally biased because they are trained primarily on US and European data. To ensure India builds the next generation of AI that is culturally and linguistically relevant, he argued the government must act as a primary data provider. Gupta noted that India's unique cultural nuances, diverse languages, and religious complexities are often misunderstood or ignored by global models. "One of the big things which we could do a little more in India is make a lot of data available publicly. (Mo

AI may transform business, but human judgment still guides decisions

Artificial intelligence is poised to profoundly affect American business, and executives are rethinking the skills they seek in colleagues and advisers

AI likely to contribute $550 billion to India by 2035 across sectors

The report noted that India could emerge as a global example of how developing economies can use AI in a way that is both transformative and fair

Learnability as a skill more critical than ever: Mphasis CEO Nitin Rakesh

As AI reshapes IT hiring, Mphasis has dropped campus recruitment, betting on internships, hackathons and learnability over credentials in the age of GenAI

Govt should consider national database for AI incidents: White paper

The PSA has proposed a national database to record AI incidents such as safety failures, bias and security breaches, with reports from public bodies, private firms, researchers and civil society

Meta temporarily blocks teen access to AI characters ahead of LA trial

Meta is halting teens' access to artificial intelligence characters, at least temporarily, the company said in a blog post Friday. Meta Platforms Inc, which own Instagram and WhatsApp, said that starting in the "coming weeks," teens will no longer be able to access AI characters "until the updated experience is ready" This applies to anyone who gave Meta a birthday that makes them a minor, as well as "people who claim to be adults but who we suspect are teens based on our age prediction technology." The move comes the week before Meta - along with TikTok and Google's YouTube - is scheduled to stand trial in Los Angeles over its apps' harms to children. Teens will still be able to access Meta's AI assistant, just not the characters. Other companies have also banned teens from AI chatbots amid growing concerns about the effects of artificial intelligence conversations on children. Character.AI announced its ban last fall. That company is facing several lawsuits over child safety, .

Myntra's Bansal, Flipkart's former exec Ranjan to launch edtech firm

Myntra co-founder Mukesh Bansal and ex-Google executive Peeyush Ranjan have launched Fermi, an AI-first STEM edtech platform targeting India and the US

India at Davos: From presence to partnership in long-term global growth

At Davos 2026, India moves from promise to partnership, positioning itself as a stable anchor for long-term global growth and investment