Page 5 - Ai Technology

Google investment will put Vizag on global map, says Nara Lokesh

Google's $15-billion AI hub in Vizag will anchor India's next big tech ecosystem as the state pivots from special status to investment-led growth, says Nara Lokesh

India's deeptech market to reach $30 billion by 2030: Redseer report

India's deeptech sector is likely to witness exponential growth, with its market opportunity projected to reach USD 30 billion by 2030, driven by defence innovation and a surge in global robotics, according to a report by Redseer Strategy Consultants. India has observed a significant shift in spending towards defence deeptech, with the national defence budget doubling over the past decade to USD 80 billion. This expansion surpasses growth rates recorded by top global spenders, such as the US and China, during the same period. "India's deep tech opportunity has grown 2.5 times in the past 5 years and is poised to be a USD 30 billion juggernaut by 2030. India is emerging as the only trusted, low-cost scale hub outside China. Its deeptech base, i.e. USD 9-12 billion as of FY2025, is being pulled forward by spending in India's defence deeptech and global robotics," the report noted. India's emerging status as a trusted, low-cost global hub outside China is being cemented by deeptech ...

India AI summit curtain-raiser held in Seattle with focus on progress

With India set to host a crucial AI summit next year, a special curtain-raiser event focusing on the summit's three pillars, people, planet and progress, was organised in Seattle, covering themes such as AI in agri-tech and India's digital infrastructure. The pre-event curtain-raiser was hosted by the Consulate General of India in Seattle on Friday. It focused on the three pillars of India's AI Impact Summit: People, Planet and Progress, the Consulate said in a press release. The roundtable featured expert presentations by leading tech CEOs from the Greater Seattle area and covered themes like the use of AI in agri-tech and the potential of data centres and digital infrastructure in India. Participants also briefed US Congressman and Ranking Member of the House Armed Services Committee Adam Smith and Congressman and Member of the House Judiciary and Foreign Affairs Committees Michael Baumgartner about India's progress in AI. They highlighted the Seven Chakras' or themes for global

Vedanta Resources to invest $1.5 billion to launch CopperTech in US

Vedanta Resources will invest $1.5 billion to form CopperTech Metals in US, expanding copper output from Zambia's Konkola Copper Mines to strengthen America's energy and infrastructure supply chain

Nasscom says govt's AI guidelines support coordination rather than control

It also proposed enabling a single reporting interface that routes across privacy, cybersecurity, and safety mechanisms, developing clearer conformance pathways for voluntary commitments

India's AI adoption growing at record pace, momentum tripled: OpenAI

India is witnessing unprecedented growth in AI adoption, with momentum having tripled year over year, OpenAI's Oliver Jay said on Friday. Jay, Managing Director for International Strategy at OpenAI, said the momentum of AI adoption in India is driven by a young population eager to use frontier AI technologies. The momentum we see in India is incredible. We're seeing tremendous growth. The growth in India we've seen has tripled year over year. And so we're seeing a lot of that growth. When we think about India, we fundamentally believe that if you build for India, you can build for the world. India is really leading the adoption of the next generation. When you think about the population mix between 18 and 24 years old, that is a booming sector in India, Jay said, speaking at CNBC-TV18's Global Leadership Summit 2025. He highlighted how India's developers and businesses are actively engaged in deploying AI, which has also inspired features like the study mode in ChatGPT, tailored ba

OpenAI faces 7 lawsuits claiming ChatGPT drove people to suicide, delusions

OpenAI is facing seven lawsuits claiming ChatGPT drove people to suicide and harmful delusions even when they had no prior mental health issues. The lawsuits filed on Thursday in California state courts allege wrongful death, assisted suicide, involuntary manslaughter and negligence. Filed on behalf of six adults and one teenager by the Social Media Victims Law Center and Tech Justice Law Project, the lawsuits claim that OpenAI knowingly released GPT-4o prematurely, despite internal warnings that it was dangerously sycophantic and psychologically manipulative. Four of the victims died by suicide. The teenager, 17-year-old Amaurie Lacey, began using ChatGPT for help, according to the lawsuit filed in San Francisco Superior Court. But instead of helping, the defective and inherently dangerous ChatGPT product caused addiction, depression, and, eventually, counselled him on the most effective way to tie a noose and how long he would be able to "live without breathing". Amaurie's death

Giga raises $61 million to scale AI-driven customer support platform

Series A round led by Redpoint Ventures will help expand the technical team and accelerate enterprise deployments of Giga's AI customer support agents

Lenskart opens smart-glasses platform to developers in AI wearables push

The eyewear firm aims to build an AI-driven wearable ecosystem with its 'B by Lenskart' smart-glasses platform, inviting Indian developers to innovate

Govt to prioritise AI innovation, regulate only when needed: IT secy

IT Secretary S. Krishnan says government's priority is to enable AI innovation, with regulation or legislation to follow only when clearly required

AI marketing firm MoEngage secures $100 mn funding for global growth

Customer engagement platform plans to expand its technology suite and teams

Amazon sues to stop Perplexity from using AI tool from purchasing stuff

The US online retailer filed a lawsuit Tuesday demanding Perplexity stop allowing its AI browser agent, Comet, to make purchases online for users

AI unlikely to replace humans in fin services, says Shankar Sharma

While AI helps you narrow the list of opportunities, it has not reached a point where it can replace wealth managers, points out Shankar Sharma

BFSI Summit: India is built for the VUCA world, says Arundhati Bhattacharya

India's resilience makes it ready for a volatile and uncertain world, while urging caution on AI hype and valuations, says Bhattacharya

Reliance Jio users to receive ₹35,100 Google AI Pro boost, for free

Jio users to receive 18 months of free Google AI Pro access as telecom giant positions for AI infrastructure business

Grammarly is now 'Superhuman' with new AI tools, plans: Check pricing

Grammarly has rebranded to Superhuman, uniting Grammarly, Coda, Superhuman Mail, and the new AI assistant Superhuman Go under one integrated productivity suite

BS BFSI Insight Summit: 'AI's RoI may be slow, but governance can't wait'

The panelists said that re-skilling will be key to ensuring the workforce remains employable even as disruptive technologies continue to enter the sector

GitHub projects India to have over 57.5 million developers by 2030

India set to overtake the US as the world's largest developer base within five years, driven by AI adoption and rapid open source contribution growth

China leads global market as robot dogs become major AI testing ground

Beijing's support for so-called embodied artificial intelligence has boosted the domestic robotics sector, while vast tech and electric vehicles supply chains have driven down costs

AI and energy have symbiotic ties, says Chevron India's Akshay Sahni

The $1 billion facility uses artificial intelligence to automate workflows, improve drilling efficiency, & create digital twins of LNG plants, marking Chevron's largest tech investment outside the US