Page 12 - Latest Updates on Artificial intelligence
GenAI a top priority for 42% of tech, media, and telecom firms in India
Around 58 per cent of organisations in the TMT sector regard generative AI as a long-term disruptor, highlighting its transformative potential
 "GenAI a top priority for 42% of tech, media, and telecom firms in India")
OpenAI pitched White House on need of massive 5GW data center buildout
OpenAI said investing in these facilities would result in tens of thousands of new jobs, boost the gross domestic product and ensure the US can maintain its lead in AI development
 "OpenAI pitched White House on need of massive 5GW data center buildout")
Talent groomed globally coming to India, for India: IBM APAC's Hans Dekkers
The company's flagship event IBM Think in Mumbai he talks about opportunities, AI and GenAI adoption and regulatory impact
 "Talent groomed globally coming to India, for India: IBM APAC's Hans Dekkers")
India hub driving global AI innovation; new campus plans on track: SAP Labs
SAP Labs India is focusing on Custom AI and multi-agent AI technology to drive the next wave of business transformation for its customers, she said
 "India hub driving global AI innovation; new campus plans on track: SAP Labs")
AI adoption will continue to accelerate in India, says IBM's Sandip Patel
Patel noted that while over 30% of Cloud spending is wasted, the issue with AI is not waste but insufficient scaling
 "AI adoption will continue to accelerate in India, says IBM's Sandip Patel")
India at cusp of digital renaissance, responsible AI key: IBM India MD
AI, according to Patel, is not just a buzzword but a crucial growth accelerator for India
 "India at cusp of digital renaissance, responsible AI key: IBM India MD")
Nurix AI raises $27.5 mn in funding round led by Accel, General Catalyst
Startup founded this year will use the financing on technology and business expansion
 "Nurix AI raises $27.5 mn in funding round led by Accel, General Catalyst")
Vietnamese, US firms sign MoUs on energy, AI, data centre: Vietnam govt
Vietnam has long sought an upgrade, which would reduce punitive anti-dumping duties levied on non-market economies identified as having a heavy state influence
 "Vietnamese, US firms sign MoUs on energy, AI, data centre: Vietnam govt")
I believe AI represents American Indian spirit, says PM Narendra Modi
In his hour-long address to an estimated 13,000 Indian Americans in New York's Nassau Veterans Coliseum, Modi said India does not aspire for global dominance
 "I believe AI represents American Indian spirit, says PM Narendra Modi")
Jony Ive joins hands with Sam Altman for secret AI device project
Jony Ive spent hours in the neighborhood at the William Stout Architectural Books store, which had thousands of books about design, before he left the city, he knew that he wanted to return
 "Jony Ive joins hands with Sam Altman for secret AI device project")
PM Modi urges global tech CEOs to be part of India's growth story
PM Modi said India will make every effort to become the third largest economy in the world in his third term
 "PM Modi urges global tech CEOs to be part of India's growth story")
How shift to digital credit underwriting helps financial org in India
Digital underwriting is not just about making decisions quickly through automation: It ensures greater financial inclusion and improves risk control
 "How shift to digital credit underwriting helps financial org in India")
Indian educators to procure 1,000 AI-powered EdTech innovations at Didac
14th edition of Didac India, an exhibition and conference focused on education and skilling resources, was organised by Messe Stuttgart India from September 18 to 20 in New Delhi
 "Indian educators to procure 1,000 AI-powered EdTech innovations at Didac")
AI must be guided by humanism and compassion, not just tech experts
It is futile to resist change because tech progress is autonomous; nobody oversees developments. Only natural intelligence - humanism, conscience, and compassion of leaders -can provide oversight
 "AI must be guided by humanism and compassion, not just tech experts")
Supreme Court to use AI to generate summaries for pleadings: ACJ Manmohan
The Supreme Court is set to introduce an AI tool called 'AI Saransh', developed by the National Informatics Centre, which is designed to generate summaries of pleadings
 "Supreme Court to use AI to generate summaries for pleadings: ACJ Manmohan")
Tech giants embark on final push to dilute European Union's AI Act
EU lawmakers in May agreed the AI Act, the world's first comprehensive set of rules governing the technology, following months of intense negotiations between different political groups
 "Tech giants embark on final push to dilute European Union's AI Act")
Infosys to help Posti spruce up customer experience, efficiency with AI
Over last five years through collaboration, Infosys has helped Posti improve resilience of IT systems, reduce outages and disruptions, and improve the ability to prevent and respond to cyber threats
 "Infosys to help Posti spruce up customer experience, efficiency with AI")
PDG plans infusing $1 bn for expansion in India amid AI data center boom
The investment will bring PDG's capacity to 230 MW across two major hubs, Mumbai and Chennai
 "PDG plans infusing $1 bn for expansion in India amid AI data center boom")
LinkedIn trains generative AI models on user data, offers opt-out option
Reportedly, LinkedIn initiated the process of utilising user data to enhance its generative AI products without first updating its terms to reflect this change
 "LinkedIn trains generative AI models on user data, offers opt-out option")
UN advisory body makes seven recommendations for governing AI
Only a handful of countries have created laws to govern the spread of AI tools
 "UN advisory body makes seven recommendations for governing AI")
