Page 5 - Artificial Intelligence

Trump to sign order on AI, cybersecurity amid push for tighter oversight

MAGA activists, including ex-Trump adviser Steve Bannon and right-wing political organiser Kremer, have been pressing to require AI developers to submit their most capable models for security tests

Kerala govt forms first-ever AI Ministry; PK Kunhalikutty gets charge

The state government officially released the notification for the allocation of portfolios among its cabinet members, with Chief Minister VD Satheesan retaining several key departments

Nvidia Q1 result beats Wall Street estimates on massive AI chip demand

Artificial intelligence chipmaker Nvidia's quarterly results surpassed Wall Street's expectations once again, fuelled by massive demand for its high-end AI chips. The company said Wednesday it earned USD 58.32 billion, or USD 2.39 per share, in the February-April period, up from USD 18.78 billion, or 76 cents per share, in the same period a year earlier. Excluding one-time items, Nvidia earned USD 1.76 per share. Revenue jumped 85 per cent to USD 81.62 billion from USD 44.01 billion. Analysts, on average, were expecting earnings of USD 1.75 per share and revenue of USD 78.91 billion, according to a poll by FactSet. Nvidia's results have exceeded the analyst projections that shape investors' perceptions since Nvidia's high-end chips emerged as AI's best building blocks three years ago. "The buildout of AI factories - the largest infrastructure expansion in human history - is accelerating at extraordinary speed," said CEO Jensen Huang in a statement. For the current quarter, Nvidia

Meta layoffs explained: Why Zuckerberg is cutting 8,000 jobs globally

Meta is laying off nearly 8,000 employees globally while pouring up to $145 billion into AI infrastructure. From hiring freezes to AI-focused teams, the company’s latest move shows

Google unveils Search for AI era, revamps Gemini app, debuts coding tools

Google also introduced a new subscription plan through which developers can get more access to the company's AI tools for $100 per month

Best of BS Opinion: Centre, states face strong fiscal headwinds

From Bharti Airtel's succession planning and AI-driven cyber risks to the economic fallout of the West Asia conflict and India's investment needs - here are today's top opinion pieces

Star Health wants 65% of business to come from smaller cities: Anand Roy

Anand Roy talks regarding its ambitious plans to focus on tier II and tier III cities, the rising role of artificial intelligence, and security measures after the data breach incident

AI built on western data may miss Global South's realities: P K Mishra

PK Mishra warned that AI systems trained largely on Western datasets may fail to reflect Asian and Global South realities, underscoring the need for India-led AI capabilities

Mutual funds' IT exposure at eight-year low amid AI, growth worries

IT stocks now account for just 6.7% of MF equity holdings, the lowest in eight years: Report

OpenAI celebrates court win against Musk, but more challenges lie ahead

A US court victory against Elon Musk has removed one obstacle for OpenAI's IPO ambitions, but rising competition, copyright cases and safety concerns continue to mount

Tata Realty & Infra, Salesforce tie up for AI-led customer experience

Tata Realty has partnered with Salesforce to deploy AI-powered customer engagement tools aimed at improving responsiveness and lead conversion rates

Ed-tech firm Stemrobo Technologies aims tie-up with 1,000 schools in Gulf

Stemrobo Technologies plans to expand its AI, robotics, and STEM education footprint across GCC countries through large-scale school partnerships

StanChart planning to lay off thousands of support staff amid AI push

London-headquartered bank said it would cut corporate functions roles by more than 15 per cent by 2030 and scale practical uses of AI to streamline processes

Salesforce burns 12 trillion AI tokens, says won't displace humans

Not every process needs to be agentified, says Vala Afshar

AI For Good: Can artificial intelligence become a force for humanity?

AI for Good is structured like a travelogue and the author's prose is breezy, concise and well observed. But travellers don't always come home with a nuanced understanding of what they've seen

L&T Technology Services aims to double AI patent filings in three years

LTTS plans to expand its AI and GenAI patent portfolio to 500 filings over three years as it sharpens focus on engineering innovation and enterprise AI adoption

ICAI to embed AI, data analytics in CA curriculum to match industry changes

Chartered accountants' apex body ICAI will embed artificial intelligence, data analytics, and other subjects in its curriculum as it works to keep pace with the evolving technological and professional changes. Lakhs of students are pursuing chartered accountant programme at the Institute of Chartered Accountants of India (ICAI), which has more than five lakh members. ICAI President Prasanna Kumar D in an interview to PTI said as technology is taking the front seat now, artificial intelligence (AI) and data analytics need to be embedded into the subjects. The institute has recently formed the Committee for Review of Education and Training (CRET), which is expected to finalise its recommendations, including updates for the curriculum, in the coming months. "We have formed the CRET. It is working to review the entire curriculum like what syllabus and subject need to be changed and training (articleship)," Kumar said. Currently, various subjects, including AI, data analytics, ESG, and

India missed out on AI and now its run as 'market darling' may be over

In a stark shift, the country's stock market is on the verge of dropping out of the world's five biggest for the first time in three years

Technology only effective answer to wastage of judiciary's time: CJI

Chief Justice of India (CJI) Surya Kant said here on Saturday that technology is the only effective answer to wastage of judiciary's time. He was speaking at a programme of the Madhya Pradesh High Court on 'Fragmentation to fusion empowering justice via united digital platform integration' here. "We should think of deepening technology and AI-based judicial architecture," the CJI said. "Technology is the only effective answer to wastage of judiciary's time," he added. State Chief Minister Mohan Yadav was also present for the event.

Anthropic's dispute with US govt emerges as risk factor for Figma, others

Design software maker Figma Inc. said it may harm its ability to sell to the government if Anthropic continues to be declared a 'supply chain risk'