Page 24 - Artificial Intelligence

US approves some Nvidia chip sales to UAE in Trump AI diplomacy step

Underpinning the AI deal is an Emirati promise to invest a whopping $1.4 trillion on American soil over the next ten years, a pledge the Gulf nation has not broken down into specific projects

EU rolls out $1.1 bn plan to boost AI in industries amid sovereignty drive

The move also underscores Europe's goal of achieving strategic autonomy in key sectors amid trade tensions with the United States and China and the dominance of US Big Tech

India should build its own AI models, says chief of India's AI mission

India is emerging as one of the most sought after markets for all these AI tech giants thanks to its over 1 billion internet user base-- the only other largest market after China

Mission Digital ShramSetu: NITI's plan to empower 490 mn informal workers

The report titled "AI for Inclusive Societal Development" emphasises that AI will not automatically transform the informal sector as technology alone cannot break systemic barriers

Gen AI, Agentic AI set to transform India's rapidly-growing payments sector

Gen AI and Agentic AI are expected to significantly impact the country's payments landscape, where digital payments are growing at a rapid pace, according to a survey released on Wednesday. Leading consultancy PwC India's report titled 'The Indian Payments Handbook: 2025-30' said that while UPI remains central, the next wave of transformation in the fintech and payments space will be spearheaded by credit cards, followed by BBPS (Bharat Bill Payment System). The report, based on a survey of over 175 senior leaders in the fintech and payments sector, showed that 65 per cent ranked credit cards as the top growth segment, with over 90 per cent believing in their promising growth potential. "The influence of AI is another dominant theme, as 73 per cent of respondents expect Gen AI and Agentic AI to significantly impact the payments landscape," it said. PwC India's report further said digital payments in India are expected to continue their rapid growth trajectory, with overall transact

Leading AI players make a beeline to establish their presence in India

India's billion-plus user base - second only to China - as well as one of the world's largest developer ecosystems makes it an irresistible bet for AI firms

World Bank flags AI’s impact: White-collar job listings fall 20% in South Asia | AI's impact on jobs

A new World Bank report reveals that the rise of generative AI has led to a significant drop in white-collar job listings across South Asia, especially in India’s services sector.

Deloitte's AI fiasco: Why chatbots hallucinate and who else got caught

As Deloitte returns part of its fee for a flawed AI-assisted government report in Australia, the case spotlights how generative AI fabricates facts and how it's not the first time this has happened

After Mac, Perplexity to rival Apple Safari on iPhone with Comet AI browser

Comet browser, already available on PC and Android pre-registrations, could soon launch on iOS, promising competition to Safari, confirms CEO Aravind Srinivas

Expert lessons from KRAFTON

In this Manager’s Mantra episode Saurabh Shah, Head of People Operations, KRAFTON India, shares his insights about gaming and people management skills, addresses the misconceptions about gaming. > >

Nvidia to invest in Elon Musk's AI startup xAI as part of $20 billion deal

Funding for xAI includes both equity and debt through a special purpose vehicle that will purchase Nvidia's processors and lease them to xAI for its Colossus 2 project

OpenAI introduces cameo controls in Sora amid deepfake concerns: What's new

Sora introduces cameo restrictions, watermark improvements, and account fixes amid rising deepfake concerns

Anthropic to open Bengaluru office in 2026, expand AI footprint in India

Anthropic, developer of Claude AI, will open a Bengaluru office in early 2026, expanding its presence in India to drive responsible AI growth and advance Indic language capabilities

UST inks $2 bn deals with three healthcare firms for AI transformation

UST works with third-party administrator (TPA) technology platforms, positioning the company to lead large-scale transformations for health insurers seeking agility and speed

Intangles raises $30 mn in funding led by Avataar Venture Partners

Predictive AI start-up Intangles has raised USD 30 million (about Rs 266 crore) in a funding round led by Avataar Venture Partners, the company said on Tuesday. The Pune-based firm received follow-on investments from Baring India Private Equity and Cactus Partners in the funding round. "Intangles, a global leader in physics-enabled Predictive AI...announced the close of its Series B round, securing USD 30 million in growth funding led by Avataar Venture Partners, along with follow-on investments from Baring India Private Equity and Cactus Partners, reaffirming long-term conviction in Intangles' technology platform," the company said in a statement. Intangles claims to have developed the world's first AI platform for vehicles called Inroute. The company said that its digital twin technology makes Intangles the only player globally with the capability to warn fleet owners of impending vehicle failures with the exact causes, up to a month in advance, with around 95 per cent ...

Dell raises long-term growth forecasts on strong demand for AI servers

Dell, whose customers include Elon Musk's AI startup xAI and CoreWeave, reiterated its third-quarter and annual forecasts

Sebi to deploy AI tool to track misleading ads, finfluencer content

Sebi is deploying an AI tool, R(AI)DAR, to track misleading ads and finfluencer content, enhancing investor protection and monitoring social media for illegal financial promotions

Robin Williams' daughter Zelda calls out AI-generated videos of late actor

Zelda's latest post comes amid a growing wave of celebrity deepfakes on social media, spanning everything from pornographic and political content to scams and advertisements

OpenAI DevDay: ChatGPT gets mini apps, fictional characters coming to Sora

OpenAI DevDay: ChatGPT now hosts mini apps, Sora plans fictional character cameos, and AMD joins OpenAI as a core compute partner

CCI calls for self-audit of AI systems to ensure responsible autonomy

The CCI's market study on AI urges companies to self-audit algorithms to prevent anti-competitive behaviour while promoting innovation and fair market practices