Page 109 - Technology

Pentagon plans AI-based program to estimate prices for critical minerals

The program, which received little attention after it was announced on a Pentagon website in October, is part of Washington's broader efforts to jumpstart U.S. production of critical minerals

75% banks, NBFCs have chatbots, e-assistants: RBI's Michael Patra

Patra said that ensuring robust cybersecurity measures in banking organizations is imperative to maintain public trust in the financial system

Companies cautious about GenAI over data privacy, security: Report

92% companies in India recognise customers want adequate protection of their data: Cisco survey

Our goal is 10% increase in sales within India in 2024: realme founder

Smartphone maker realme expects to increase sales in India by 10 per cent this year as it aspires to be among top five brands globally, the company's founder and CEO Sky Li said on Monday. Li, speaking at the launch of realme 12 Pro Series 5G, said that the company's expectations from India are high this year, with key growth drivers strategically aligned. "As we anticipate a resurgent Indian smartphone market in 2024, fuelled by widespread 5G adoption and a focus on value-centric offerings, our goal is a 10 per cent increase in sales within the Indian market. Despite global economic shifts and inflation, we observe Indian consumers actively seeking enhanced value in smartphone deals, showcasing a keen interest in premiumisation," Li said. According to Counterpoint Research, realme's market share in India grew to 14.4 per cent in the third quarter of 2023 from 13.6 per cent a year ago. The company launched its premium smartphone realme 12 Pro Series 5G in the price range of Rs 25,9

AI firms will need to start reporting their safety tests to US govt

The Biden administration will start implementing a new requirement for the developers of major artificial intelligence systems to disclose their safety test results to the government. The White House AI Council is scheduled to meet on Monday to review progress made on the executive order that President Joe Biden signed three months ago to manage the fast-evolving technology. Chief among the 90-day goals from the order was a mandate under the Defence Production Act that AI companies share vital information with the Commerce Department, including safety tests. Ben Buchanan, the White House special adviser on AI, said in an interview that the government wants "to know AI systems are safe before they're released to the public the president has been very clear that companies need to meet that bar. The software companies are committed to a set of categories for the safety tests, but companies do not yet have to comply with a common standard on the tests. The government's National Instit

Accenture to enhance Indo Count's biz operations using digital technologies

IT consulting firm Accenture is collaborating with Indo Count Industries to enhance the home textile manufacturer's business operations using digital technologies. This will help unlock efficiencies and new growth avenues, the release said but did not indicate the size of the contract. "As part of Indo Count's digital transformation and reinvention journey, Accenture will help to standardise, optimise and re-engineer its business processes. Targeted functions include manufacturing, supply chain, logistics, and procurement," the release said. Accenture will design, develop, and deploy a digital core using SAP S/4HANA Cloud (enterprise resource planning software). "Powered by data and analytics, the technology platform will help automate and digitise the company's operations enabling improved inventory management, quality standardisation, optimal energy consumption and sustainable growth, leading to enhanced customer experience," the release said. Indo Count Industries Ltd (ICIL) is

'Samsung plans to start making laptops at its Noida factory this year'

Korean electronics major Samsung plans to start manufacturing laptops at its Noida factory in India this year, a senior company official said on Monday. Terming India as its important manufacturing base, Samsung Electronics President and Head of Mobile eXperience (MX) Business TM Roh told reporters here that the preparation for the laptop manufacturing is in progress in India. "We will start manufacturing laptops this year at the Noida factory. Preparations are already underway," said the official, who is on an India visit. Roh said India is an important manufacturing base for the company, and it has received support at various levels from the state and central governments. The company will continue to cooperate with the government to strengthen manufacturing in India, he added. The company has recently launched its flagship Galaxy S24 series smartphone with a key focus on artificial intelligence capability in the device. Samsung has announced that it will also manufacture Galaxy

Fossil announces exit from smartwatch market to focus on core lifestyle biz

Fossil has confirmed that the company will continue providing updates to its Google WearOS based smartwatches for the next few years

Google Lumiere: Everything about multimodal AI model for videos creation

Lumiere video generation AI model lets users apply text-based image editing methods for consistent video editing, said Google

Technology is most effective mantra to attack corruption: Yogi Adityanath

During the event, around 1,000 students from universities and colleges were provided with smartphones. CM Yogi handed over smartphones to 15 students

IT services companies' GenAI investments likely to soar this year

Clients in the Asia-Pacific (APAC) region are expected to treble their investments in GenAI, although they currently lag behind their North American counterparts

Our sound-based payment tech helps those not digitally savvy: ToneTag CEO

'We are already doing 10 billion UPI transactions a month which is way more than the digital transactions in the US and Europe combined (for a month),' said Abhishek

Use of tech is important for transparent implementation of schemes: UP CM

Uttar Pradesh Chief Minister Yogi Adityanath on Sunday said the use of technology is important for transparent implementation of schemes and in every sphere of life. "Use of technology is important today for transparent implementation of schemes and in every sphere of life. Technology is the most effective mantra to attack corruption. In order to make the youth competent and capable as per the times with the use of technology and also to move them towards self-reliance, the state government is moving rapidly towards achieving the target of providing smartphones and tablets to two crore youths," he said. Adityanath was addressing the students at the smartphone-tablet distribution ceremony under the Swami Vivekananda Youth Empowerment Scheme at Deeksha Bhawan of the Gorakhpur University this afternoon. Smartphones were distributed to about 1,000 students of the universities and colleges during the ceremony. 15 students received smartphones from the chief minister, the Uttar Pradesh .

Bhavish Aggarwal's AI startup Krutrim turns unicorn after raising $50 mn

The AI startup is the third venture helmed by Aggarwal to achieve a $1 billion valuation, after mobility firm Ola and electric vehicle manufacturer Ola Electric

Apple faces 'strong action' if App Store changes fall short, says EU

In a move designed to comply with the EU's incoming Digital Markets Act (DMA), the company will soon allow software developers to distribute their apps to Apple devices via alternative stores

Reliance Jio, OnePlus join hands to set up 5G innovaion lab in India

Telecom major Reliance Jio and Chinese smartphone company OnePlus have joined hands to set up a 5G innovation lab in India. "The alliance between OnePlus and Jio aims to provide OnePlus and Jio True 5G users differentiated features and an unparalleled network experience. "To bolster these initiatives, both brands are excited to announce the establishment of a state-of-the-art 5G Innovation Lab," OnePlus said in a statement on Thursday. The lab will serve as a hub for testing and developing new technologies. Reliance Jio leads the India market in terms of 5G coverage. "Together, Jio and OnePlus India are set to redefine the 5G landscape in the country, providing users with a glimpse into the limitless possibilities that lie ahead," an OnePlus spokesperson said. A Jio spokesperson said 85 per cent of the entire 5G deployment in India has been made by Jio. "It is time to unfold magical 5G experiences for our users and this partnership with OnePlus is a step in that direction," the

LG unveils QNED 83 series smart TVs in India: Know price, features and more

The LG QNED 83 series features 120Hz refresh rate displays with support for Dolby Vision

OPPO signs cross-licence agreement with Nokia to resolve patent dispute

OPPO announced that cross-license agreement with Nokia covers standard-essential patents in 5G and other cellular communication technologies

Google to help fund Israeli artificial intelligence firms, Palestinian biz

"In the current situation, quite a few startups in Israel are struggling to raise capital from investors and urgently need financial bridging in order to continue operating," Google said in statement

Startup AiDash raises $50 mn in funding for tech that uses AI, satellites

Company spots climate risks to power lines, plans hiring 150 people in India