Page 8 - Artificial Intelligence

India leans on innovative technologies to manage land and property

Disputes in land acquisition often delay business and infrastructure projects in the country. Technology and digitisation can help in settling disputes and accelerating economic activity

Business takes the lead in following artificial intelligence: Survey

Modern organisations achieve higher revenue growth, greater productivity and success in using generative AI

Infra, talent, startups: Why tech leaders are betting on AI's India future

They country that exports software services must now do same in the new technology, they say

Robots could be one of humanity's 'greatest opportunities': Deepu Talla

I knew some of the startups but I did not know that there are so many startups working on robotics, it was like a breath of fresh air, he says

AI will open up opportunities for youth in many sectors: President Murmu

President Droupadi Murmu on Friday said Artificial Intelligence (AI) has become a priority area for the entire world and asserted the emerging technology will open up vast opportunities for youths in various sectors. She said interdisciplinary approach will encourage innovation in the engineering sector. Speaking at the 14th convocation of the National Institute of Technology (NIT) Raipur, Murmu highlighted how AI, a transformative tool that enable computers to perform a variety of advanced functions, will open up opportunities for youths in various sectors. "Development of technology depends on science. It will be helpful for all of you to have information about ultra-modern technology to make outstanding contributions in the field of engineering," she told students at the convocation. In 2024, two physics and four chemistry scientists, who were linked with Artificial Intelligence, received the Nobel prize, the President pointed out. "An interdisciplinary approach will ...

Manufacturers adopting AI, robotics to boost sustainable biz practices: PwC

A significant percentage of Indian manufacturers are adopting niche technologies like Artificial Intelligence and robotics, to boost sustainable business practices as well as boost revenues, according to a PwC report. Covering six industries, PwC's report 'Decoding the Fifth Industrial Revolution: Marching towards a resilient, sustainable and human-centric future' found that 93 per cent of Indian manufacturers are embracing Industry 5.0 to drive both sustainable practices and boost revenues. PwC India's research was conducted between May and July 2024 and covered 180 manufacturing senior executives from the automotive, cement, chemicals, industrial goods, metals and textiles and clothing industries. As per the research, more than 50 per cent of Indian manufacturers are prioritising investments this year in sustainable practices. These investments are aimed at leveraging digital technologies to adopt renewable energy sources and enhance energy efficiency, among others. Additionally,

Centre plans AI-driven traffic safety, invites foreign investment in infra

Union Transport Minister Nitin Gadkari announced plans to work with private sector experts on traffic solutions to prevent road accidents, claiming India's road infrastructure will soon surpass the US

Nvidia, Reliance Industries join forces to build AI computing infra

Huang said that the Indian IT industry is world renowned for its large scale, not just in scale but also in the deep expertise of computer science

Nvidia AI summit: Experts stress need for sovereign AI systems, strategies

Pramod Varma, chief architect of Aadhaar and UPI, echoed the importance of viewing data as an economic asset

India to see 20 times growth in computing capacity in 2024: Nvidia CEO

India, a country "dear" to the world's computer industry, is set to witness 20 times growth in compute capacities in 2024, and will soon be exporting impactful AI solutions, Nvidia founder and CEO Jensen Huang said on Thursday. Speaking at the Nvidia AI Summit 2024 here, Huang emphasised Nvidia's commitment to expanding its ecosystem in India. "India is very, very dear to the world's computer industry, central to the IT industry, at the centre and core of the IT of just about every single company in the world. "Nvidia's ecosystem in India is very rich; 2024 will see a a 20 times growth in compute capacities in India," he said. Huang described the current state of the industry as undergoing a "seismic change" due to AI advancements and suggested that India, which has traditionally been a hub for software exportation, is poised to become a leader in AI exportation in the future. "India exported software; in the future, India will export AI," he said, pointing towards the country ...

India to lead AI age, says Mukesh Ambani as Nvidia launches Hindi model

Ambani highlighted that aside from the US and China, India boasts the best digital connectivity, adding that Jio has become the largest data company globally

Nvidia launches Hindi-language AI model in India as CEO Huang visits

Nvidia is rolling out its new small language model, dubbed Nemotron-4-Mini-Hindi-4B, with 4 billion parameters, for firms to use in developing their own AI models, the company said

Nvidia supplier SK Hynix reports record profit, sees demand for AI chips

SK Hynix has outperformed rivals Samsung Electronics and Micron Technology in recent quarters, as it has benefited the most from AI-driven appetite for high-end memory chips following

Nvidia CEO Huang targets more India growth through fresh partnerships

The US chip company, which is holding one of its AI summits in Mumbai, highlighted the ways Indian partners across industries are using its AI technology

AI will both create and destroy jobs: EAC-PM member Sanjeev Sanyal

Member of Economic Advisory Council to the Prime Minister (EAC-PM) Sanjeev Sanyal on Wednesday said that artificial intelligence (AI) will both create and destroy jobs and a lot depends on how it is adopted. Speaking at the Bharat Chamber of Commerce at an interactive session, Sanyal claimed AI will impact highly skilled people and functions will be disintermediated. "There is a lot of noise about AI. A lot will depend on how we adopt it. A debate is going on within the government and the public. If we don't adopt it, we will get wiped out", Sanyal said. He claimed that the existing people in high-skilled areas would be disintermediated while jobs would be both destroyed and created. "One area where AI will certainly make an impact is education," the economist said. Citing an example, he said people will listen to lectures on video-streaming websites and use AI chatbots to answer questions. "So, students would no longer need to go to colleges except for some collaborative work. .

Airtel's AI system blocks 154 mn spam calls, 8 mn such SMS in West Bengal

Bharti Airtel on Wednesday claimed that its new AI-powered detection system successfully identified 154 million potential spam calls and 8 million spam SMS messages in Bengal since its launch nearly a month ago. The telecom major said it offers the solution in West Bengal for free and customers need not to request service or download an app. "As connectivity expands, customers are increasingly encountering scams, fraud, and damaging communications. To combat these digital risks, we introduced an AI-based solution designed to proactively spot suspected spam calls and messages." Bharti Airtel CEO (West Bengal & Orissa), Ayan Sarkar said. Developed in-house by Airtel's data scientists, the AI-powered solution uses a proprietary algorithm to identify and classify calls and SMSes as "suspected spam". There are apps offered by antivirus and digital security providers to identify and block potential spam and fraudulent calls and messages. Blocking spam at the network level is a new ...

India holds immense potential in shaping future of AI: Meta's Yann LeCun

LeCun also said that AI won't take over humans, but will amplify human intelligence

Humans.ai eyes 'positive' Indian market with its AI Counselor tech

International deep tech company Humans.ai has developed ION, which represents an effort to leverage AI technologies to facilitate communication and decision-making processes within the government

Nvidia's design flaw with Blackwell AI chips now fixed, says CEO Huang

Nvidia unveiled Blackwell chips in March and had earlier said they would ship in the second quarter but were delayed, potentially affecting customers such as Meta Platforms

Sharad Sanghi's AI cloud startup Neysa raises $30 mn in Series A funding

This investment builds on Neysa's successful $20 million seed round earlier this year