Page 5 - Technology Industry

Oligarchy taking shape in America, says Joe Biden in farewell address

His speech in the Oval Office is the latest in a series of remarks on domestic policy and foreign relations that are intended to cement his legacy

EU reassesses its probes into tech giants such as Apple, Google and Meta

The review could lead to Brussels reducing or changing the range of the probes, and will cover all cases launched since March 2024

US govt tightens its grip on AI chip, technology export across globe

The new regulations will cap the number of AI chips that can be exported to most countries and allow unlimited access to US

Tech supplier Arm plans to hike prices, considers developing its own chips

Arm planned to achieve this partly by increasing the per-chip royalty rates that customers pay for ready-made parts of chip

Tech firms use 'synthetic data' for AI models but there's a hidden cost

A primary concerns is that AI models can collapse when they rely too much on synthetic data

IIT Madras launches Asia's largest shallow wave basin research facility

Developed indigenously, this is a unique facility that will cater to the research & industry requirements and address the problems in Indian ports, waterways and coastal Engineering

US imposes sanctions on China's Integrity Tech for hacking critical infra

China-based hackers working for Integrity Tech, known to the private sector as Flax Typhoon, were working at the direction of the the China government, targeting critical infrastructure in the US

Nasscom foundation names Jyoti Sharma as CEO, replaces Nidhi Bhasin

nasscom foundation on Thursday announced the appointment of Jyoti Sharma as its new Chief Executive Officer, effective immediately. Succeeding Nidhi Bhasin, Sharma brings over 20 years of experience in driving social impact and leading program development, resource mobilisation, and stakeholder engagement, according to a company statement. "Her visionary leadership and deep expertise will be instrumental in scaling our impact through our flagship programmes, broadening our reach, and driving meaningful change through the innovative use of technology," nasscom foundation Chairman Rostow Ravanan said. Established in 2001, nasscom foundation is a not-for-profit organisation representing the Indian tech industry. Sharma said she will work towards strengthening nasscom foundation's TechForGood legacy by broadening its reach and deepening its impact. "My focus is to ensure that the synergy of technology and social innovation paves the way for India to achieve its vision of digital equit

Nidhi Patel: SROMPL's Rising Star Steps into the Role of General Manager

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India to host first WAVES summit in February: PM Modi in 'Mann ki Baat'

India will host the World Audio Visual Entertainment Summit (WAVES) for the first time in February next year which will be a global platform for its creative talents, fostering collaborations and showcasing the country's potential as a hub for world-class content creation. Prime Minister Narendra Modi spoke extensively about the WAVES Summit in his monthly 'Mann ki Baat' Radio address on Sunday. Comparing the WAVES to global events like the World Economic Forum in Davos, Modi said the leaders from the media and entertainment industry as well as creative minds from across the globe will gather in Delhi for the Summit being held from February 5-9. "This Summit is an important step towards making India a hub of global content creation," he said. The prime minister emphasized the pivotal role of young creators in the preparations for WAVES, reflecting the dynamic spirit of India's creative community. He expressed pride in the enthusiasm of the country's youth and their contribution to

2025 to see AI turn into business value as it becomes reality at scale

Artificial intelligence (AI) transitioned from a temporary trend to a widespread reality, gaining traction across industries due to its potential to enhance efficiency, generate revenue and create entirely new roles, yet concerns around its use and impact on jobs remained. Gone are the days when it was merely a buzzword; AI has now become an integral part of business strategy across various sectors. But its full impact on jobs is little known and so is the issue of intellectual property, data ownership and its privacy implications, and liability - who is liable if an accident or mishap occurs due to the use of AI. As technology becomes increasingly human-like and pervasive, organisations are now striving to unlock business value through innovative methods to engage customers and employees, enhance operational efficiencies, and generate new revenue streams, Wipro CIO Anup Purohit said. "We are working towards a future where AI is integrated seamlessly into everyday operations beyond

PM Modi calls for equipping youngsters with skills in emerging technologies

Prime Minister Narendra Modi on Thursday highlighted the "critical" role of youngsters in the nation's progress and called for adopting a futuristic approach to equip them with skills in emerging technologies like artificial intelligence and machine learning. Speaking at an event on Veer Bal Diwas, Modi underscored the need to adapt to rapid changes and challenges across various fields, emphasising the government's "youth-centric" policies. "This era has moved beyond machines to machine learning. AI is taking centre stage, and we can see its application replacing conventional software. It is essential to make our youth future ready to tackle these challenges, he said, asserting that the government is committed to supporting young talent and fostering their self-confidence. In a ceremony celebrating Veer Bal Diwas, Modi remembered the "unparalleled" sacrifice of Guru Gobind Singh's sons, the Sahibzadas, who chose "unwavering courage and faith over submission to the Mughal Empire's ..

AICTE launches India's first UG minor programme in quantum technologies

This initiative aims to prepare India's workforce for the quantum revolution, positioning the nation as a global leader

WhatsApp to end support for old android and iPhones from 2025 - Check list

Older phones cannot support the app's evolving features, which is why WhatsApp will discontinue support for certain systems at specific points in their lifecycle

From AI chips to 6G testing: How India's tech landscape evolved in 2024

A new Centre of Excellence on Classical and Quantum Communications for 6G has been inaugurated this year at the IITM Research Park in Chennai to spearhead research and development in 6G technologies

Language AIs in 2024: Size, guardrails and steps toward AI agents

Increased access to highly capable language models large and small can be a mixed blessing

Tech Mahindra aiming for bigger bite of bank tech spends, says CEO

Mohit Joshi, who took the helm of India's No.5 software services exporter in December 2023 wants to increase the share of BFSI in Tech Mahindra's revenue mix by up to 25 per cent by March 2027

Indonesia seeks defence tech collaboration with India to boost ties

Indonesia has shown keen interest in collaborating with India in the defence technology domain as Navy Chief Admiral Dinesh K Tripathi held wide-ranging talks with top military brass of the Southeast Asian nation on boosting strategic ties. Ways to forge bilateral collaboration in the area of defence technologies figured prominently in a meeting between Indonesian Defence Minister Sjafrie Sjamsoeddin and Admiral Tripathi. The Navy chief is on a four-day visit to Indonesia from Sunday. The two sides discussed strengthening bilateral cooperation and various aspects of defence collaboration, including joint exercises, the Indonesian defence ministry said. It said Admiral Tripathi explained that India is developing indigenous technologies to support the advancement of its Navy and Sjafrie appreciated the rapid progress in the domain. The minister expressed his "enthusiasm for working together to improve Indonesia's defence technology," it said. Discussions were held on the expanding

Chip industry needs way more women to drive growth and innovation

It's not unusual for the semiconductor industry, and tech sector in general, to feel like a man's world

Modi govt believes in democratising technology: Vaishnaw in Lok Sabha

The government on Wednesday said it is "open to the idea" of bringing in a new law to regulate artificial intelligence but a "lot of consensus" is required for it. Responding to a question in the Lok Sabha, IT Minister Ashwini Vaishnaw also said that the Modi government believes in "democratising technology" which was not the case during the Congress rule, remarks that triggered protests by opposition benches. Responding to a supplementary on whether the government plans to bring a law on regulating artificial intelligence, Vaishnaw also said that fake narratives is a major challenge faced by societies across the world today. He said accountability has to be established in the society and the legal framework has to change for which "lots of consensus" is required because as on the one hand there is freedom of speech and creating of a real, proper news network on the other. "There are things which need to be debated and if the House agrees and if there is a consensus in the society