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Artificial Intelligence

Integration of AI in IT sector will create more jobs: Labour Secy

"The labour ministry budget for this fiscal year is at a historic high. Around Rs 20,000 crore belong to these three schemes. So, this should give you a clue," she said

Updated On: 28 Feb 2025 | 11:28 PM IST

Maharashtra bets on AI with M-Hub, innovation centre in Navi Mumbai

Fadnavis, who first became chief minister in 2014 and is now in his second term after a break, said the state will launch a startup incubator called M-Hub

Updated On: 28 Feb 2025 | 11:07 PM IST

Need for sovereign AI systems to avoid digital colonialism: Chandrasekaran

Chandrasekaran explained that the group was focused on priority areas, including artificial intelligence, sustainability and new energy, and geopolitical and supply chain resilience

Updated On: 28 Feb 2025 | 11:02 PM IST

ServiceNow sees India as its biggest mkt in Asia-Pacific: Amit Zavery

ServiceNow is betting big on agentic AI as the next area of growth as it makes that technology a core part of its platform, which improves efficiency, predictability, and real-time decision support

Updated On: 28 Feb 2025 | 10:46 PM IST

BS Manthan: India must make itself quantum secure, says HCL's Ajai Chowdhry

In India, startups have already developed products based on quantum technology that can be deployed in areas such as financial systems, defence and security, Chowdhry said at the event

Updated On: 28 Feb 2025 | 10:13 PM IST

Tencent fires up AI race with 'Hunyuan Turbo S', says outdoes DeepSeek

The Hunyuan Turbo S artificial intelligence model is designed to respond as instantly as possible, distinguishing itself from the deep reasoning approach of DeepSeek's eponymous chatbot

Updated On: 28 Feb 2025 | 8:27 PM IST

IT major HCLTech to use AI to improve Children's Minnesota's operations

"We are proud to partner with Children's Minnesota as they embark on a digital healthcare evolution," said Shantanu Baruah, executive vice president of healthcare at HCLTech

Updated On: 28 Feb 2025 | 5:13 PM IST

BS Manthan: HCL's Ajai Chowdhry to share views on semiconductor play

In a fireside chat at BS Manthan, HCL's co-founder Ajai Chowdhry will share his views on 'Reimagining India's Semiconductor Play'

Updated On: 28 Feb 2025 | 5:13 PM IST

Meta's AI chatbot could soon get a standalone app like Grok: Details here

Meta reportedly believes a standalone app could make Meta AI more accessible to users who are not active on its platforms like WhatsApp and Instagram

Updated On: 28 Feb 2025 | 12:28 PM IST

China tech startups race to capitalise on DeepSeek fever, Xi's meeting

In the near-term, however, DeepSeek's AI breakthrough and this month's rare meeting between President Xi and tech business leaders have boosted investor sentiment

Updated On: 28 Feb 2025 | 9:56 AM IST

India to sign MoU with Israel and Saudi Arabia for critical minerals

Minister Reddy announced the deployment of 20 nodal officers in international locations that have the potential for critical minerals

Updated On: 27 Feb 2025 | 11:20 PM IST

Perplexity AI targets 1 mn user sign-ups by mid-March, may offer free plan

Aravind Srinivas plans to make its professional service plan free for students in India

Updated On: 27 Feb 2025 | 11:02 PM IST

Paytm bets on AI-first features to power profitability in the next 2 years

Chatbot will let customers ask questions, explore topics in Indian languages and make financial decisions

Updated On: 27 Feb 2025 | 10:59 PM IST

DeepSeek emerges as a global force in China's rapidly growing AI industry

DeepSeek is now global force. But it's just one player in China's booming AI industry

Updated On: 27 Feb 2025 | 10:56 PM IST

AI in healthcare likely to contribute $30 billion to GDP by 2025: Report

Artificial Intelligence (AI) in healthcare is projected to contribute USD 25-30 billion to India's GDP by 2025, enhancing accessibility, diagnostics, and treatment outcomes, according to a report by Deloitte. Government-backed initiatives like the IndiaAI Mission and the Digital Personal Data Protection Act, 2023, are setting the stage for a digitally empowered healthcare ecosystem, ensuring responsible AI integration and enhanced data security, it noted. As per the report -- "Digital Healthcare- Top 10 Myths Debunked Digital Health & AI", AI adoption in healthcare has surged past 40 per cent, surpassing sectors such as FMCG (30 per cent) and manufacturing (25 per cent). Deloitte India Life Sciences and Health Care Industry Leader Joydeep Ghosh noted that India's digital healthcare ecosystem is rapidly advancing, with AI-powered diagnostics, MedTech innovations and digital health records transforming patient care. India's surgical consumables and disposables exports reached USD ...

Updated On: 27 Feb 2025 | 5:57 PM IST

Amazon unveils gen AI-powered 'Alexa+' with agentic abilities: What's new

Alexa+ will first launch in the United States in the coming weeks, with a gradual rollout to select Echo Show devices, including Echo Show 8, 10, 15, and 21

Updated On: 27 Feb 2025 | 10:36 AM IST

Donald Trump's AI-generated video shows Gaza as luxury resort, sparks row

The video features a golden statue of Trump, a hummus-eating, dancing Musk, and American and Israeli leaders relaxing on beach, promoting his proposal to expel 2.1 mn Palestinians and transform Gaza

Updated On: 27 Feb 2025 | 9:03 AM IST

Hong Kong to cut 10k civil service jobs, invest in AI to tackle deficit

Hong Kong will cut thousands of civil service jobs and boost spending in artificial intelligence as it seeks to tackle an increasing deficit, authorities said Wednesday. Finance Secretary Paul Chan said during a budget speech that there would be a cumulative reduction of government recurrent expenditure by 7 per cent from now until 2027-2028. Hong Kong's deficit had reached 87.2 billion Hong Kong dollars (USD 11.2 billion) for the financial year of 2024-2025, making it the third straight year of losses. It gives us a clear pathway towards the goal of restoring fiscal balance, Chan said. He said 10,000 civil servant posts would be cut by April 2027, representing a reduction of about 2 per cent of the civil service in each of the next two years. Salaries will also be frozen in the civil service this year. Chan also said that up to 195 billion Hong Kong dollars (USD 25 billion) worth of bonds will also be issued in the next five years to ensure progress of important infrastructure ..

Updated On: 26 Feb 2025 | 11:20 PM IST

upGrad earmarks Rs 100 cr for creating AI incubator: Ronnie Screwvala

Edtech unicorn upGrad has earmarked Rs 100 crore to create an AI incubator, to boost innovation in learning and skilling space, a top company official said. upGrad Founder and CEO, Ronnie Screwvala told PTI in an interview that outside the school and colleges curriculum the learning and skilling space is evolving rapidly and there is need to explore innovative ways to address this segment. "We are putting Rs 100 crore. It will be used for incubation as well as acquiring minority stake in 5-6 startups at an early stage so that we do not dictate them. We don't want to get into the valuation game as it becomes too onerous for a startup but we want them to innovate in a more frugal manner," Screwvala said. The move follows upGrad's announcement in Davos of creating an AI center of excellence with investment of Rs 2,150 crore in collaboration with the Maharashtra government. The company has also entered into a partnership with Microsoft to train 10 lakh STEM Indian professionals in one

Updated On: 26 Feb 2025 | 11:10 PM IST

Glance deepens pact with Google to add GenAI content in new apps

Glance will work with Google Cloud and use its tech such as Gemini AI and Imagen, a text-to-image model, to create content for customers who use its smartphone and TV screensavers

Updated On: 26 Feb 2025 | 10:39 PM IST