Artificial Intelligence

The Indian technology sector, which includes IT services companies, BPM, and hardware, employs about 5.4 million people, the largest in the organized sector

New Quark will be available to all users gradually, starting with a pilot launched on Thursday

Generative AI (GenAI) is poised to improve productivity levels of Indian financial services by 34 to 38 per cent by 2030 and up to 46 per cent, specifically for banking operations, said a EY report. The report titled 'How much productivity can GenAI unlock in India? The AIdea of India: 2025' emphasised that GenAI) is reshaping India's financial services landscape, driving significant advancements in customer engagement, operational efficiency, and risk assessment. It said the survey canvassed more than 125 C-suite executives across India. They represent diverse sectors, including financial services, retail, healthcare, life sciences, media and entertainment, technology, automotive, industrials and energy. According to the study, 74 per cent of financial firms have initiated proof-of-concept projects, and 11 per cent have moved to production-level deployments. "Investment in GenAI is also increasing, with 42 per cent of organisations actively allocating budgets toward AI initiatives

Says innovation & job creation will vanish poverty, not freebies

The robotics field has made large strides over the past few years with increasing advancements in AI and improving models, speeding up commercialization of robots largely in industrial settings

Additionally, the group launched a new AI platform, Zyrix, focused on driving innovation and advancing product engineering

The research also showed a strong link between AI success and the changes a business makes to its operating model and data structure

Pai highlighted that Indian companies should focus on developing vertical large language models (LLMs) for domains like financial services, healthcare, and high-tech manufacturing

We are starting to see a lot more use cases of AI and GenAI solutions, which were earlier all proofs-of-concept, said Keshav Murugesh

Increasingly, companies are looking for candidates that have hands-on experience and specialized certifications rather than just a engineering degree

Meta is working with Taiwan-based chip manufacturer TSMC to produce the chip, this person said. The test deployment began after Meta finished its first 'tape-out' of the chip

The integration of AI in economic forecasting, specifically inflation prediction, is a burgeoning field that leverages advancements in ML and natural language processing

New Delhi-based education provider, which started in 1988, is now ramping up its presence in smaller Indian towns, betting on the growing demand for quality coaching in Tier 3 and Tier 4 cities

India is poised to become a global AI talent hub, but a looming skill gap threatens to hinder its progress, with a new study by Bain & Company revealing that the country's AI sector could face a shortfall of over a million skilled professionals by 2027. The report highlighted the urgent need for India to reskill and upskill its workforce to meet the growing demand for AI expertise. "India has a unique opportunity to position itself as a global AI talent hub. However, by 2027, the job openings in AI are expected to be 1.52x of the talent availability. The challenge -- and opportunity -- lies in reskilling and upskilling a significant portion of the existing talent base on emerging technology tools and skillsets," said Saikat Banerjee, Partner and leader in Bain & Company's AI, Insights, and Solutions practice in India. India's AI sector could surpass 2.3 million job openings by 2027 while the AI talent pool is expected to grow to around 1.2 million, presenting an opportunity to

AI-enabled hand-held X-ray machines are emerging as game changers in the early detection of Tuberculosis enabling the state to diagnose and notify 6.8 lakh patients -- the highest it has achieved in a calendar year, experts said. Of the 6.8 lakh cases notified in 2024, 4.29 lakh of these patients were notified from the public sector, and 2.5 lakh from private sector. These AI-enabled hand-held X-ray machines are helping in intensified screening under the ongoing pan India 100-Day Intensified Campaign to Eliminate TB aimed at accelerating efforts for the elimination of the disease from the country. According to the National TB Prevalence Survey in India (2019-2021) by ICMR in collaboration with the Union Health Ministry, X-rays are a critical screening tool for Tuberculosis, as close to 42.6 per cent cases of the disease would be missed had they not been screened through an X-ray. Even when the patient is at a very early stage of the disease and does not have conventional symptoms o

With the proposed Noida campus, Microsoft will continue its momentum of strengthening India's AI capabilities and supporting engineering talent and digital innovation

Marking a year of the IndiaAI Mission, Union IT minister Ashwini Vaishnaw on Thursday launched the IndiaAI compute portal and dataset platform AIKosha, among a slew of other initiatives under the IndiaAI Mission, aimed at improving access to AI and fostering innovation. The compute portal will provide access to compute more than 18,000 GPUs, cloud storage and other AI services to students, startups, researchers, academia, and government departments. The platform aims to streamline access to high-quality non-personal datasets for AI innovation. The Minister for Electronics and IT also launched AIKosha -- an all-in-one dataset platform providing resources, tools, and expert mentorship to help transform potential ideas into industry solutions. Datasets will be available for model builders and developers to work with and launch India-specific AI models. The compute portal will be used to develop India's own foundational model, Vaishnaw said, adding that the preparedness for India's ow