Page 24 - Artificial Intelligence

Physical AI startup Mowito raises $3 million in pre-seed funding round

Funding led by Version One Ventures will help the Bengaluru and Detroit-based startup expand in the US and scale AI foundation models for industrial robot arms

Blurgs AI, an IIT-Madras alumni deep tech startup, raises $2.2 mn

Funding led by Pravega Ventures and Shastra VC will support global expansion, strengthen AI capabilities and accelerate product development across defence and commercial maritime markets

India can emerge as a 'connector economy', says Anand Mahindra

Anand Mahindra says India is well placed to bridge geopolitical blocs, while Group CEO Anish Shah says artificial intelligence will power the conglomerate's next phase of growth

Enhance monitoring: Social media needs stronger safeguards to protect kids

MeitY's action against Meta over CSAM ads highlights the need for stronger AI oversight, platform accountability and stricter safeguards for online child safety

Microsoft joins AI-driven tech layoff wave with nearly 4,800 job cuts

The software giant is cutting 2.1 per cent of its workforce as it invests heavily in AI infrastructure and seeks to improve efficiency across its businesses

Govt notice to Meta: Why AI struggles to detect child abuse content online

Experts explain why context, coded language, multilingual content, and cross-platform activity continue to make child sexual abuse material one of AI's hardest moderation challenges

Beyond Earth: Why tech companies want to establish AI data centres in space

As AI pushes power grids and land requirements to their limits, companies are exploring orbital data centres. Here's why space is becoming part of the AI infrastructure conversation

AI is shaping decisions. But who is liable when it gets it wrong?

The Supreme Court's scrutiny of AI-generated citations has exposed a larger issue: the Indian legal framework still does not clearly define who is liable when AI gets it wrong

AI readiness, specialised skills drive India's FY27 hiring trends: Report

Organisations are increasingly prioritising hiring quality over hiring volume, with AI readiness, specialised skills and faster execution emerging as key workforce differentiators, says a report by upGrad Rekrut, the talent and staffing arm of upGrad. According to India at Work: FY27 Hiring Trends, the hiring market is entering a new phase as employers are increasingly prioritising specialised talent, AI capabilities and faster hiring decisions over large-scale workforce expansion. Based on responses from 11,418 senior HR, talent and business leaders across 12 sectors, the report noted that employers are shifting their focus towards capability-led workforce planning, structured hiring processes and targeted recruitment for roles that directly influence business outcomes. "India's hiring landscape is shifting from volume to precision. In an AI-driven economy, sustainable growth will be defined not by how many people organisations hire, but by how effectively they identify, assess and

Individual privacy gets into AI tangle: Delhi HC ruling opens a debate

Most technical and legal experts say the involvement of AI models in the process poses challenges to the court verdict's operation

Workflow sync crucial to get maximum AI returns: Automation Anywhere

Automation Anywhere says enterprises must move beyond siloed AI deployments and orchestrate workflows across functions to improve returns on investment and business outcomes

Are the 'MANGOS' stocks already turning soft amid cooling AI optimism?

The current iteration of the acronym was popularised more recently by a software engineer's June 8 post on X. It was shared widely by venture capitalists and tech investors

AI and humans are bonding with machines in the factory of the future

AI is reshaping factories by enabling closer collaboration between humans and machines, boosting efficiency while redefining workforce roles and industrial operations

The cost of creation: AI is rewriting the economics of making games

From teams and timelines to testing and iteration, the shift could finally turn India's gaming scale into original intellectual property

MoS External Affairs Singh to lead India at UN AI governance forum

Minister of State for External Affairs Kirti Vardhan Singh will lead the Indian delegation that will participate in the inaugural United Nation's Global Dialogue on AI Governance in Geneva from July 6-7, the MEA said on Sunday. The Global Dialogue is a unique opportunity to advance international governance of artificial intelligence (AI) in ways that complement international, regional, national and multi-stakeholder efforts, it said. Minister of State for External Affairs and Environment, Forest & Climate Change, Singh, will be leading the Indian delegation to Geneva, Switzerland. The Global Dialogue on AI Governance is a universal, multi-stakeholder UN forum established under General Assembly Resolution 79/325, following the Global Digital Compact adopted as part of the Pact of the Future in September 2024. "Together with the Independent International Scientific Panel on AI that promotes scientific understanding, transparency, accountability and robust human oversight, the ...

AI focus, weak spending to weigh on IT firms in June quarter: Equirus

India's IT services sector is likely to post a "soft" June quarter as enterprises stay cautious about discretionary technology spending amid global macroeconomic uncertainty, geopolitical developments and a focus on AI-led efficiency, according to Equirus Securities. Equirus expects the top six Indian IT services companies to report constant-currency organic US-dollar revenue performance ranging from a 1.7 per cent decline to 1.1 per cent growth quarter-on-quarter. Wipro IT Services is expected to be at the lower end of the range, while Tech Mahindra is likely to lead the large-cap pack. Among mid-sized companies, Persistent Systems, Mphasis and eClerx are expected to post relatively stronger organic growth, it said. "Enterprise technology spending is expected to remain measured during the June quarter as global macroeconomic uncertainty, geopolitical developments and a continued focus on AI-led productivity gains keep discretionary IT investments under pressure," as per Equirus ...

Nvidia supplier Foxconn's sales surge 40% on robust AI server demand

Shipments of AI racks are expected to maintain their momentum in the current quarter, while demand for information and communications technology products is entering peak season

Investors turn to India as AI market storm rattles global equities

India's lack of AI plays has been a hurdle most of the year as investors turned to markets like South Korea and Taiwan that delivered stellar returns

HCLTech wins $1.14 billion deal from Fortune Global 50 European client

IT services major HCLTech on Friday said it has secured a USD 1.14 billion deal from a Europe-headquartered Fortune Global 50 company to transform and manage its digital workplace and enterprise networks. HCLTech did not disclose the name of the firm. Under the partnership, HCLTech will establish an Artificial Intelligence (AI)-driven operating model for the client, according to a regulatory filing. The initial term of the agreement spans five-and-a-half years, from July 2026 to December 2031, with an option to extend the partnership for a further period of five years. "The estimated value of the agreement during the initial term is USD 1.14 billion. This is entirely a net new business for the company," HCLTech said.

Govt to soon start work on new legal framework for AI: IT Secy Krishnan

The government will soon begin stakeholder consultations on a dedicated legal framework for artificial intelligence as evolving AI capabilities require a separate regulatory regime, IT Secretary