Page 63 - Artificial Intelligence

Most AI tools 'hallucinate'; not meant for Indian MSMEs : Vexoo Labs

Most artificial intelligence systems suffer from the flaw of 'hallucination' and are not meant for India's small enterprises in manufacturing sector, deep-tech company Vexoo Labs has said and claimed its AI solutions are for the "real world". "The focus on factual accuracy is both rare and crucial," said Ajay Kumar, Senior Business Leader, AI Evangelist and a Board Advisor at Vexoo Labs. He said most AI tools today are built for showcase, not for reliability. In the industrial alleys of Rajkot, the looms of Tiruppur, and the machining units of Coimbatore, India's small and mid-sized manufacturers are facing a silent crisis, he noted. "It's not rising input costs or labour shortages alone - it's the growing complexity of data, and the absence of any reliable AI system to help make sense of it," Kumar told PTI on the sidelines of Super AI, a mega exhibition and conference held June 18-19. According to Kumar, despite the global boom in artificial intelligence, "most systems on the .

Apple executives hold internal talks about buying AI startup Perplexity

Adrian Perica, the company's head of mergers and acquisitions, has weighed the idea with services chief Eddy Cue and top AI decision-makers

Sebi proposes rules to govern AI, ML tools used by market participants

Sebi's draft guidelines aim to ensure safe, fair, and transparent use of AI and ML by exchanges, brokers, and mutual funds, with provisions for oversight, testing and privacy

Russia advancing long-term economic cooperation plans with India: Putin

Russian President Vladimir Putin on Friday said Moscow's action plan for long-term cooperation till 2030 with India should be finalised shortly. Speaking at the St Petersburg International Economic Forum's plenary session, Putin announced that Moscow is advancing long-term economic cooperation plans with its key partners, including India. Let me remind you that we agreed to prepare long-term cooperation plans with key partners," Putin said while emphasising that "action plans, including those with countries like India, should be completed shortly." We have already set a goal to boost oil and gas exports. To achieve this, we will develop relations with partners, remove trade barriers, explore new market niches, build infrastructure, and deepen investment cooperation, he said. The St Petersburg International Economic Forum (SPIEF) 2025 often dubbed as 'Russian Davos' this year has the theme Shared Values: The Foundation of Growth in a Multipolar World. Putin denied that China and

Krutrim acquires BharatSah'AI'yak to expand AI footprint in public sector

The Bhavish Aggarwal-led startup integrates Samagra's AI platform and team to expand vernacular, government-focused AI tools across education, agriculture, and citizen services

Essay aid or cognitive crutch? MIT study tests the cost of writing with AI

While LLMs reduce cognitive load, a new study warns they may also hinder critical thinking and memory retention - raising concerns about their growing role in learning and cognitive development

CII Karnataka to drive AI-led growth, boost MSME and sunrise sectors

The Confederation of Indian Industry (CII), Karnataka announced on Thursday that it will focus on AI led transformation, sunrise sectors and MSMEs capacity building to enhance the state's competitiveness on the global stage. Our focus is to create a resilient and agile ecosystem that empowers industries to lead in strategic areas like semiconductors, design-led manufacturing, AI-powered production, and clean energy, said Rabindra Srikantan, Chairman of CII Karnataka and Founder and Managing Director, ASM Technologies Ltd. He was addressing a press briefing organised to discuss CII's roadmap to the future. A key pillar of this journey is the expansion of Global Capability Centres (GCCs), which are rapidly evolving from support hubs to strategic innovation engines across sectors, he added. According to him, CII Karnataka is working closely with government, academia, startups, and global partners to catalyse investment, foster deep-tech capabilities, and fast-track industrial ...

Now, you can schedule actions on Gemini app for Android: How it works

Scheduled actions feature in Gemini app for Android is currently rolling out to Gemini AI Pro, AI Ultra, and select Workspace users. It's not yet available on iOS or web, and to free-tier users

AI chatbots that reason emit more carbon than ones with simple reply: Study

A study found that carbon emissions from chat-based generative AI can be six times higher when responding to complex prompts, like abstract algebra or philosophy, compared to simpler prompts, such as high school history. "The environmental impact of questioning trained (large-language models) is strongly determined by their reasoning approach, with explicit reasoning processes significantly driving up energy consumption and carbon emissions," first author Maximilian Dauner, a researcher at Hochschule Mnchen University of Applied Sciences, Germany, said. "We found that reasoning-enabled models produced up to 50 times more (carbon dioxide) emissions than concise response models," Dauner added. The study, published in the journal Frontiers in Communication, evaluated how 14 large-language models (which power chatbots), including DeepSeek and Cogito, process information before responding to 1,000 benchmark questions -- 500 multiple-choice and 500 subjective. Each model responded to 100

Google Search now lets users have voice chat with AI Mode: How it works

Presently, Google's Search Live feature in AI Mode is only available to those users in the US region who have enrolled in the AI Mode experiment in Labs

Microsoft planning thousands more job cuts in sales amid focus on AI

The cuts are expected to be announced early next month, following the end of Microsoft's fiscal year

Tata Consumer products keeps its 'antennae up' for strategic buys

At the company's AGM, P B Balaji said Tata Consumer is transforming into a future-ready FMCG powerhouse, led by AI adoption, health-conscious offerings and innovation

India emerging as key hub for data centres, chip manufacturing: Moody's

Developed and emerging economies in East and Southeast Asia are key targets for AI investments, with India, Singapore and Malaysia rapidly establishing themselves as prime destinations for data centre projects or chip manufacturing, Moody's Analytics said on Wednesday. In its report titled AI Is Beating the Odds, Moody's Analytics said at a time when cross-border investment is slowing and global trade is fracturing, spending on artificial intelligence (AI) is powering against the current. "Even though trade and geopolitical tensions are knocking economies, soaring AI demand is outpacing supply. To close the gap, global investors are pouring capital into data centres and semiconductor projects," it said. The report further said that the US share of outbound AI investment outpaces its inbound share, a sign that US tech giants are expanding their global footprint. "Developed and emerging economies in East and Southeast Asia are key destinations. In particular, India, Singapore and ...

Zoho launches Zia Hubs to harness AI from unstructured business data

Global technology company Zoho has unveiled Zia Hubs, designed to help organisations using Zoho WorkDrive to gain deeper business insights from various types of information, a top official said. Zia Hubs is part of the Zoho WorkDrive, and acts as a tool to extract intelligence from Unstructured Business Data. Zia Hubs is a foundational element of Zoho's long-term AI strategy, laying the groundwork for a future where intelligent agents can act contextually on content across the company's entire product suite. According to company CEO Mani Vembu, Zia Hubs bring a common model to company data, exposing unused information to powerful capabilities and services, including agentic AI, comprehensive analysis and accurate unified search. "According to IDC, 80 per cent of business data is unstructured. Most unstructured data is text-based, meaning pertinent information lives within email conversations, social media posts, word processor documents or audio and video transcripts," he said in a

Soon, you can upload video on Gemini app and ask questions about it: Report

Gemini's video upload feature is not widely available yet, with access varying across accounts and devices, according to 9To5Google

Future-Proof Strategy: Leading with Clarity and Agility in a VUCA World

In this episode, Dr. Ketan Vira shares sharp insights on leading with clarity and agility in a VUCA world. A quick masterclass on future-proof strategy for students, managers, and entrepreneurs.

Musk's AI startup burning $1 billion a month, seeks $9.3 billion lifeline

To keep up with soaring costs, Elon Musk's xAI is now trying to raise $9.3 billion in both debt and equity, with over half expected to be used within three months

India's AI regulation can be a model: Google executive Wilson White

Google APAC policy head Wilson White says India's pro-innovation AI approach reflects shared optimism, cautions against overregulation in early stages of development

Elon musk's xAI in talks to raise $4.3 billion via fresh equity funding

Musk's company, which is responsible for the AI chatbot Grok, needs the new money, in part, because it has already spent most of what it previously raised, the materials shared with investors indicate

Gurugram-based Darwix AI raises $1.5 million to scale product, global reach

Darwix AI has raised USD 1.5 million (about Rs 13 crore) in funding from Rebalance, IPV, JITO Incubation and Innovation Foundation, Growth Sense, and angel investors. The Gurugram-headquartered firm looks to deploy the fresh funds towards product development, hiring, and market expansion, according to a company statement. "Our goal is to offer a unified, generative AI stack that not only understands but also elevates every customer interaction with actionable intelligence and automation. This fundraise gives us the fuel to double down on product innovation and expand our US footprint," Ajay Sethi, Co-founder of Darwix AI, said. *** Saswat Finance raised USD 2.6 million * Fintech platform Saswat Finance has raised USD 2.6 million (about Rs 22 crore) in a pre-series A funding round led by Ankur Capital. The Mumbai-headquartered firm will use the capital to expand its tech capabilities, add new financial products to the platform, and scale operations across Maharashtra, Karnataka,