Page 7 - Technology Industry

Akash Systems wins $27 mn contract from NxtGen to provide cooling servers

Deal will help NxtGen in providing energy-efficient AI computing solutions

Bengaluru Tech Summit: Draft Karnataka Space Tech policy launched

The draft policy lays down the overall vision of Government of Karnataka for the space sector which is to hold 50 per cent of the national market share and transform into a global destination of space

Skoda to bring hybrid cars in 3 years; to expand production capacity

Made in India compact SUV Kylaq will be exported

How India is pursuing self-sufficiency in the semicon chip value chain

Many countries are vying to build resilient semiconductor supply chains amid rising chip import prices

President Murmu bats for technology in medical sector for welfare of people

President Droupadi Murmu on Friday stressed the need for modern technologies in the medical sector for the welfare of people living in remote areas of the country, citing the impact of such advancements on human lives. Speaking at the second convocation function of All India Institute of Medical Sciences Raipur in Chhattisgarh, she said medical professionals have immense responsibilities to deliver as their decisions are linked to saving lives. She also said medical professionals will play a decisive role in realising the dream of Viksit Bharat' by 2047. We have been passing through such an era wherein modern technologies greatly impact the life of humans rapidly. For the welfare of people living in remote areas, such technologies can be used, she said. AIIMS Raipur has been making efforts in this direction. I have been told that AIIMS Raipur has been working on an Artificial Intelligence-based clinical decision support system through which doctors in remote areas will be provided

IMC: PM Modi pitches for framing do's, dont's for ethical use of technology

Prime Minister Narendra Modi on Tuesday made a fervent pitch for framing of a global digital framework, with clear-cut dos and don'ts for ethical use of technology. Speaking at the inauguration of the International Telecommunication Union - WTSA and India Mobile Congress here, he said just like the aviation sector, where the global community has framed a comprehensive framework, the digital world too needs rules and regulations. Global institutions, he said, should come together to work out dos and don'ts. He went on to emphasise on ethical use of AI with security, dignity, equity being at the centre. Talking of India's experience, he said after the expeditious roll out, 5G telecom services are now available in most places across the country and work on 6G has already begun. Giving out statistics, the Prime Minister said India has in the last decade become an exporter of mobile phones from being an importer, and has laid an optic fibre network that is eight-time more than the dist

US weighs capping exports of AI chips from Nvidia, AMD to certain countries

The new approach would set a ceiling on export licenses for certain countries in the interest of national security

GenAI: Indian companies see productivity boost as key benefit of technology

As many as 56 per cent of them are establishing governance frameworks for the use of GenAI tools and apps

IPU assembly to be held in Geneva from today; to address AI, tech ethics

The Assembly's central theme focuses on parliamentary action to maximise the advantages of emerging technologies

Insurance companies enhance tech spending to meet evolving customer needs

Companies' tech spending sees marked rise to meet evolving consumer demands

India leads on world AI stage in talent and domain skills: Nasscom chief

India leads on world AI stage in talent and domain skills, placing it on a strong footing in transformative era of Artificial Intelligence, Nasscom's new chairperson Sindhu Gangadharan has said, asserting this is "the best time to be in India" particularly for those in the technology sector. In a wide-ranging interview to PTI, Gangadharan touched upon several key issues -- from the importance of mental and social well-being at workplace to economic impact of AI and GenAI -- and sought to assuage concerns around artificial intelligence (AI) displacing jobs. She stressed on the need for organisations to attach high priority to mental and physical well-being of their workforces and make it part of their organisational culture, through policies, practices and interest groups. Gangadharan's comment assumes significance in the backdrop of the tragic death of a young employee at one of the prominent consultancy firms that led to social media outcry and triggered intense debate in corporate

Perfect alignment between PM Modi's and tech CEOs' vision: MIT academician

There is a perfect alignment between Prime Minister Narendra Modi and global technology CEOs' vision for India in areas like semiconductors, Artificial Intelligence and biotechnology, an eminent academician in the US has said. Modi interacted with global technology CEOs at a roundtable here on Saturday. The roundtable was anchored by the Massachusetts Institute of Technology (MIT), School of Engineering. Professor Anantha Chandrakasan, Chief Innovation and Strategy Officer at the Institute and Dean of the MIT School of Engineering, chaired the roundtable. It is my deep honour to convene and host this roundtable with Prime Minister Modi and the CEOs of some of the most impactful tech companies in the United States and globally, Chandrakasan told PTI in an exclusive interview here on Sunday after the tech roundtable. He said the roundtable focussed on a "broad-based set of topics, including biotechnology, pharma, Artificial Intelligence, quantum computing and semiconductor ...

How Google allegedly monopolised ad technology market: All you need to know

Antitrust enforcers alleged that Google gave special access and privileges to its own ad products

China's failing US lobby playbook puts tech companies in jeopardy

China argues its companies are being unfairly targeted, saying the US is using a broad definition of national security to suppress foreign businesses

Goa CM launches GURU plan to boost innovation in biotech, tech sectors

Goa Chief Minister Pramod Sawant on Wednesday inaugurated the Goa University Research Park Unit (GURU) initiative under the UniGoa Knowledge and Innovation Foundation and distributed the sanction letters to teams under the Hand Holding and Start-Up Scheme 2023-24.Taking to social media platform X, Sawant informed that the GURU initiative had provided an investment of Rs 12.85 crore to establish state-of-the-art facilities and equipment to support young innovators.He further said that the initiative symbolises the knowledge and mentorship that will propel Goa's advancement in biotechnology, healthcare, information technology, and electronics innovation."I am glad to inaugurate the Goa University Research Park Unit--GURU (UniGoa Knowledge and Innovation Foundation) and distribute the sanction letters to teams under the Hand Holding & Start-Up Scheme 2023-24. The event was graced by the presence of Vice Chancellor Shri Harilal Menon, Education Secretary Shri Prasad Lolyekar, and ...

Lenovo to build AI servers in India as nation's tech push deepens

The company said Tuesday it has started making the large, powerful computers in Pondicherry

Tech challenge in India's smaller cities: Training key to talent retention

The market intelligence firm studied 120 companies in Tier-II cities

Tech, US officials discuss AI development, power needs at White House

OpenAI CEO Sam Altman, Google senior executive Ruth Porat and Anthropic CEO Dario Amodei were among the tech company representatives who attended the meeting

Tamil Nadu CM visits San Francisco, inks pact with Microchip, Nokia, PayPal

The Tamil Nadu government has inked pacts with leading companies including Nokia, PayPal, Yield Engineering Systems, Microchip, Infinx, and Applied Materials for an investment commitment of Rs 900 crore and employment of 4,100 people in Chennai, Coimbatore and Madurai, the government said on Friday. Six companies signed the Memorandum of Understanding (MoUs) in the presence of Tamil Nadu Chief Minister M K Stalin and officials during the investors' meeting in San Francisco, an official release here said. The chief minister, who is leading a high-level official delegation, is currently on a tour to the US till September 14 to attract investments into Tamil Nadu, as part of an ambitious goal to transform the state into a USD one trillion economy by 2030. He left for the US on August 27. He participated in a meeting with potential investors in San Francisco on Thursday. An MoU was signed with Nokia, represented by Chief Strategy and Technology Officer Nishant Batra and President - Fixe

CrowdStrike cuts profit forecasts as Windows outage weighs on new deals

Analysts expected the reputational hit could hurt CrowdStrike's dominant position