Page 6 - Latest Updates on Artificial intelligence
India may lose tech edge unless big firms scale up AI spending: MeitY
MeitY's Abhishek Singh cautions that rapid advances in machine intelligence threaten India's long-held IT edge
 "India may lose tech edge unless big firms scale up AI spending: MeitY")
Nvidia earnings test a market jittery over soaring AI investment bets
The risk is that these numbers could become unreliable if the big AI spenders, in particular closely held OpenAI, have to pull back on their commitments
 "Nvidia earnings test a market jittery over soaring AI investment bets")
AI boom, gig surge: India's job market is entering a new work order
Reform in education and skilling should link classrooms with careers, moving toward project-based, industry-aligned learning
 "AI boom, gig surge: India's job market is entering a new work order")
Sarvam likely to unveil India's maiden sovereign AI model by February
Sarvam AI co-founder Vivek Raghavan said India's first sovereign LLM is likely to debut before or during the India AI Impact Summit, with the model trained on trillions of tokens
 "Sarvam likely to unveil India's maiden sovereign AI model by February")
Is the AI bubble on the brink of a reckoning as dot-com fears return?
Investors are drawing parallels between the AI frenzy and the dot-com boom as major players reduce exposure and questions rise over whether the sector is heading for a long-awaited correction
 "Is the AI bubble on the brink of a reckoning as dot-com fears return?")
AI, automation may cut 30% of tech services revenue, says Bain report
A Bain & Co report warns the global tech services industry could lose up to 30% of revenue as growth slows, margins shrink and AI-driven disruption accelerates, pushing firms to overhaul operations
 "AI, automation may cut 30% of tech services revenue, says Bain report")
Business-as-usual approach could cut 30% of revenue for tech firms: Report
In its new report 'The new growth equation for tech services' Bain & Company noted that AI is the biggest disrupter in tech services, but not the only one
 "Business-as-usual approach could cut 30% of revenue for tech firms: Report")
Fractal Analytics bets heavily on R&D in AI race ahead of IPO debut
Fractal, which specialises in AI-driven decision-making for large businesses, will continue to invest 'significantly', and possibly increase its research outlay
 "Fractal Analytics bets heavily on R&D in AI race ahead of IPO debut")
Trump urges US Congress to block state AI rules, warns it risks innovation
In a post on his Truth Social network Tuesday, the president urged lawmakers to act quickly, and floated the idea of including an AI measure as part of upcoming defense policy legislation
 "Trump urges US Congress to block state AI rules, warns it risks innovation")
Yubi Group raises ₹411 crore to fund global expansion and AI investments
Yubi Group has secured Rs 411 crore through structured debt and fresh equity, enabling the fintech firm to expand into global markets
 "Yubi Group raises ₹411 crore to fund global expansion and AI investments")
Parasocial becomes Cambridge Dictionary's Word of the Year for 2025
Parasocial became the Word of the Year because people are talking about one-sided relationships more than ever, especially with celebrities and even AI chatbots
 "Parasocial becomes Cambridge Dictionary's Word of the Year for 2025")
India's GCC workforce to reach 3.46 million by 2030 as AI scales up: Report
India's tech sector is poised for strong expansion as global capability centres shift from AI pilots to full-scale deployment, creating new roles, reshaping legacy jobs
 "India's GCC workforce to reach 3.46 million by 2030 as AI scales up: Report")
India's IT spending to hit $176 bn in 2026 on data centre, AI boom: Gartner
Gartner projects India's IT spending to rise 10.6% to $176.3 billion in 2026, driven by strong data centre and software investments as enterprises accelerate cloud, AI and digital adoption
 "India's IT spending to hit $176 bn in 2026 on data centre, AI boom: Gartner")
Google boosts AI Mode with travel tools, AI agent for bookings: What's new
Google expands AI Mode with Canvas trip planning, agentic booking tools and global Flight Deals to simplify how users plan and book travel
 "Google boosts AI Mode with travel tools, AI agent for bookings: What's new")
Jeff Bezos enters AI race with Project Prometheus: All we know about it
Jeff Bezos has re-entered an operational role by becoming co-CEO of Project Prometheus, a well-funded AI startup aiming to build advanced models for engineering, robotics and scientific discovery
 "Jeff Bezos enters AI race with Project Prometheus: All we know about it")
Will AI turn Japan's 'irreplaceable treasures' into disposable slop?
AI's threat gives Japan a second chance to do right by the workers propping up the $21 billion industry. Tokyo must move fast to strengthen labour rights, protect IP, and demand transparency
 "Will AI turn Japan's 'irreplaceable treasures' into disposable slop?")
Producers, platforms turn to AI-powered content to cut costs, boost output
Streaming firms and studios ramp up AI-driven films and series to cut costs and speed up production
 "Producers, platforms turn to AI-powered content to cut costs, boost output")
Finance Ministry's Chintan Shivir discusses use of AI in govt processes
At a two-day Chintan Shivir in Rajasthan, the finance ministry discussed AI adoption in government processes
 "Finance Ministry's Chintan Shivir discusses use of AI in govt processes")
Karnataka bets on quantum push to build a deep-tech hub beyond Bengaluru
New Centres of Excellence at IIIT and IIT Dharwad aim to expand high-end research, talent pipelines and industry partnerships beyond Bengaluru
 "Karnataka bets on quantum push to build a deep-tech hub beyond Bengaluru")
Nearly half of Indian firms live on AI, but budgets remain tight: Report
As many as 91 per cent of decision-makers identified rapid deployment as the single most important factor in their buy-versus-build strategies for AI
 "Nearly half of Indian firms live on AI, but budgets remain tight: Report")
