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Artificial Intelligence (AI)

80% of Indian companies find AI a core strategic priority: Report

80% of Indian companies find AI a core strategic priority: Report

Thu, Jan 16, 2025

India has positioned itself as a leader in artificial intelligence (AI) adoption, with 80 per cent of companies identifying AI as a core strategic priority -- well above the global average of 75 per cent, according to a report on Wednesday.

Government to soon launch data analytics platform to get much better insights: Commerce Secretary

Government to soon launch data analytics platform to get much better insights: Commerce Secretary

Wed, Jan 15, 2025

Commerce ministry has already formed a committee, comprising officials from commerce and finance ministries, to create a robust mechanism for publishing consistent and accurate data following errors in gold import figures.

India to join key session on AI, FDI at WEF 2025 for promoting investment

India to join key session on AI, FDI at WEF 2025 for promoting investment

Fri, Jan 10, 2025

The 55th WEF annual meeting is scheduled from January 20-24, 2025, in Davos-Klosters, Switzerland.

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RBI sets up 8-member panel on ethical use of AI

RBI sets up 8-member panel on ethical use of AI

Thu, Dec 26, 2024

The Reserve Bank on Thursday announced the setting up of an eight-member committee to develop a framework for responsible and ethical enablement of artificial intelligence (FREE-AI) in the financial sector.

India surpasses 73,000 startups with women directors: Commerce Ministry

India surpasses 73,000 startups with women directors: Commerce Ministry

Wed, Dec 25, 2024

The ministry, in a release, highlighted that this represents nearly half of the 1,57,066 startups supported by the government, underscoring the crucial role women play in driving innovation and economic growth.

How Google News fought misinformation in India in 2024

How Google News fought misinformation in India in 2024

Wed, Dec 18, 2024

From major elections across the globe to conflicts and crises, the year 2024 was critical for the news industry, said Google News on Wednesday. These significant events highlighted the important role of newsrooms in providing accurate and timely information, said the company, highlighting its contributions to fight misinformation in the Indian news ecosystem.

Elon Musk's xAI raises $6 billion to expand AI capabilities

Elon Musk's xAI raises $6 billion to expand AI capabilities

Fri, Dec 06, 2024

Elon Musk's AI company called xAI has raised $6 billion, as it plans to expand its supercomputer to house at least one million graphics processing units (GPUs). According to a filing with the US Securities and Exchange Commission (SEC), investors gave a minimum of $77,593 per the filing.

Google, Andhra Pradesh government join hands to fuel AI innovation & adoption, develop AI-ready workforce

Google, Andhra Pradesh government join hands to fuel AI innovation & adoption, develop AI-ready workforce

Thu, Dec 05, 2024

Tech giant Google on Thursday said it has partnered with the Government of Andhra Pradesh to drive the adoption of Artificial Intelligence (AI) across the state, focusing on sectors such as healthcare and sustainability.

IIT Delhi's IHFC, Google to support 33 early stage startups on their AI journey

IIT Delhi's IHFC, Google to support 33 early stage startups on their AI journey

Sat, Nov 30, 2024

I-Hub Foundation for Cobotics (IHFC), Technology Innovation Hub of IIT Delhi, and Google for Startups have partnered to organise a three-day intensive bootcamp to support 33 early-stage startups on their Artificial Intelligence (AI) journey, the institute said on Saturday.

India can become AI chip capital of the world: SoftBank's Masayoshi Son

India can become AI chip capital of the world: SoftBank's Masayoshi Son

Thu, Nov 28, 2024

As India makes strides in the fields of artificial intelligence (AI) and semiconductors, SoftBank's Founder and CEO Masayoshi Son has said that the country can become the AI chip capital of the world.

Samsung begins mass production of industry-leading SSD for AI computers

Samsung begins mass production of industry-leading SSD for AI computers

Fri, Oct 04, 2024

Samsung Electronics said on Friday that it has begun mass production of its latest industry-leading solid-state drive (SSD) product, optimal for usage in powerful artificial intelligence personal computers.

Google photos search gets smarter; conversational AI and enhanced queries for easier image search

Google photos search gets smarter; conversational AI and enhanced queries for easier image search

Fri, Sep 06, 2024

Google Photos has introduced a major search upgrade using conversational AI, allowing users to find images with natural language queries. The new feature enhances photo retrieval accuracy by sorting results by relevance or date. Additionally, the 'Ask Photos' tool, powered by Gemini AI, offers personalised photo search experiences for select users.

Chat your way to income; this startup lets you earn monthly by simply talking to others

Chat your way to income; this startup lets you earn monthly by simply talking to others

Tue, Sep 03, 2024

Unikon.ai is a startup that pays professionals to engage in conversations, allowing users to earn money by responding to chats or calls, turning their expertise into a revenue stream.

Earn monthly income by chatting; this startup pays you to talk to others

Earn monthly income by chatting; this startup pays you to talk to others

Tue, Sep 03, 2024

Unikon.ai is a startup that pays professionals to engage in conversations, allowing users to earn money by responding to chats or calls, turning their expertise into a revenue stream.

US, Seoul markets down over Nvidia's underwhelming earnings result

US, Seoul markets down over Nvidia's underwhelming earnings result

Thu, Aug 29, 2024

Top automaker Hyundai Motor, meanwhile, added 1.74 per cent following the company's new mid- to long-term business strategy announced the previous day. Affiliate Kia also gained 0.86 per cent.

India's Data Centres a $25 billion market opportunity over the next decade: Avendus

India's Data Centres a $25 billion market opportunity over the next decade: Avendus

Thu, Aug 29, 2024

The data centre industry in India is on the cusp of a transformation driven by advancements in Artificial Intelligence (AI) and the rollout of 5G technologies, according to a report by Avendus, a leading financial service provider firm.

InMobi appointed co-chair of USIBC AI task force to lead US-India AI innovation and collaboration

InMobi appointed co-chair of USIBC AI task force to lead US-India AI innovation and collaboration

Tue, Aug 27, 2024

The U.S. Chamber of Commerce's US-India Business Council (USIBC) has announced that InMobi will serve as Co-Chair of the new USIBC AI Task Force. This appointment highlights InMobi’s leadership in AI-driven solutions and its role in advancing U.S.-India collaboration in AI research and development.

AI investment platform InvestorAi raises Rs 80 crore in Series A funding

AI investment platform InvestorAi raises Rs 80 crore in Series A funding

Thu, Aug 22, 2024

The funds raised in the Series A round will be used for scaling the business and developing new AI products, the company said.

Tech like AI to determine economic prosperity of nations, India takes the lead: Economy Survey

Tech like AI to determine economic prosperity of nations, India takes the lead: Economy Survey

Mon, Jul 22, 2024

With artificial intelligence (AI) taking root in several spheres of economic activity, steering technological choices towards collective welfare is the key and employers owe it to themselves to strike a balance between deploying technology and labour, the Economic Survey said on Monday.

Samsung acquires British knowledge graph tech startup for AI

Samsung acquires British knowledge graph tech startup for AI

Thu, Jul 18, 2024

Established in 2017 by Oxford University professors Ian Horrocks, Boris Motik and Bernardo Cuenca Grau, Oxford Semantic Technologies specialises in cutting-edge knowledge representation and semantic reasoning technology.

77% Indian startups now invest in AI, small cities brimming with tech skill pool

77% Indian startups now invest in AI, small cities brimming with tech skill pool

Thu, Jul 18, 2024

The trend underscores the rapid technological adoption and innovation across the Indian startup ecosystem, now ranked third globally, following the US and China, according to the report by SAP India, in collaboration with Dun & Bradstreet.

Google to empower 10,000 Indian startups in AI, unveils new tools

Google to empower 10,000 Indian startups in AI, unveils new tools

Wed, Jul 17, 2024

At its 'I/O Connect' event here, the company unveiled a range of tools, programmes and partnerships to empower Indian developers and startups to be at the forefront of the global AI revolution.

India's inaugural International GenAI conclave in Kochi propels AI innovation

India's inaugural International GenAI conclave in Kochi propels AI innovation

Thu, Jul 11, 2024

The International GenAI Conclave was graced by the presence of the Chief Minister of Kerala, Pinarayi Vijayan, and Dinesh Nirmal, Senior Vice President, Products, IBM Software, among other dignitaries.

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