Why India risks falling behind in the AI race

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Why India risks falling behind in the AI race Indian software services firms must build language models from scratch for themselves and their customers. Yes, it takes computational power and engineering talent to train neural network-based programmes on vast amounts of natural-language inputs. But to not go down that route is unnecessarily timid, given how businesses fear data integrity and privacy issues with publicly available models

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Digital India Act: Donât dump safe harbour. Indiaâs digital ecosystem needs itÂ

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Digital India Act: Don’t dump safe harbour. India’s digital ecosystem needs it  A future-proof Digital India Act must retain safe harbour protections, or it could endanger India’s global digital ambitions. Ensure proportionality in the obligations and penalties of online platforms to protect innovation and fight harms. Onerous content monitoring obligations can impose tremendous legal and compliance costs

from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/digital-india-act-don’t-dump-safe-harbour-india’s-digital-ecosystem-needs-it _17096571.html
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Apptio founder Sunny Gupta sells his startup to IBM for $4.6 billion

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Apptio founder Sunny Gupta sells his startup to IBM for $4.6 billion A serial entrepreneur from Silicon Valley with four startups under his belt, Gupta has just sold his latest SaaS company, Apptio, to IBM. Life has come full circle for Gupta, given that Big Blue was where he began his career three decades ago. 

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IBM canât acquire its way into techâs top ranks

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IBM can’t acquire its way into tech’s top ranks A deal for software provider Apptio will boost the company’s cloud business but still leave it trailing the industry’s AI innovators

from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/ibm-can’t-acquire-its-way-into-tech’s-top-ranks_17095451.html
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WhatsApp Business users jump four-fold in three years

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WhatsApp Business users jump four-fold in three years The increase in user base comes as Meta shifts focus to the development of business messaging, as an uncertain economy slows down its core advertising business.

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In Pics: Japanese researchers develop robot arms to #39;unlock creativity#39;

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In Pics: Japanese researchers develop robot arms to #39;unlock creativity#39; Some wearers grow attached to the arms after some time, researcher from University of Tokyo said. "Taking them off after using them for a while feels a little sad. That#39;s where they#39;re a little different to other tools," he said.

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Ideaforge Technology floats IPO today: All you need to know about the company

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Ideaforge Technology floats IPO today: All you need to know about the company The issue price band has been set at Rs 638 to Rs 672 per share by the company. They aim to raise about Rs 567 crore from the IPO, which is a blend of fresh equity shares of Rs 240 crore as well as an offer for sale of equity shares worth Rs 327 crore.

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Jio Platforms Morris Garages set to collaborate on #39;connected car features#39; for MG Comet EV

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Jio Platforms, Morris Garages set to collaborate on #39;connected car features#39; for MG Comet EV MG Comet EV customers to also benefit from Jio’s other innovative assets which will integrate the Voice Assistant system with music apps, payment apps, connectivity platforms, and other compatible hardware

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Donât squander a key advance in fertility research

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Don’t squander a key advance in fertility research Scientists who announced that they had created "synthetic human embryos" should worry that the name and the still unanswered questions about how these so-called synthetic embryos were created and related misunderstandings could lead to bans that could derail this important scientific work representing a potentially significant breakthrough in the study of infertility

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CEO Andy Jassy confirms Amazon#39;s $15 billion investment pledge for India

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CEO Andy Jassy confirms Amazon#39;s $15 billion investment pledge for India This announcement follows Amazon#39;s cloud computing unit Amazon Web Services (AWS) saying last month it will invest 1.06 trillion rupees ($12.9 billion) in the country by the end of 2030.

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How Artificial Intelligence can land job seekers their dream jobs

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How Artificial Intelligence can land job seekers their dream jobs AI will significantly impact personnel acquisition, management, and retention over the next decade.

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Are Artificial Intelligence apps for school-going children a boon or a curse?

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Are Artificial Intelligence apps for school-going children a boon or a curse? Given the advent of AI in education, students have access to various cutting-edge technologies to help them succeed academically. But with all these tools around, getting started can be challenging.

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Asus ROG Flow X13 (2023) review: Proving that gaming laptops can be portable

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Asus ROG Flow X13 (2023) review: Proving that gaming laptops can be portable The Asus ROG Flow X13 (2023) is a stylish gaming laptop that combines gaming with portability in a form factor.

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Google investing USD 10 billion in India#39;s digitisation fund: Sundar Pichai tells PM Modi

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Google investing USD 10 billion in India#39;s digitisation fund: Sundar Pichai tells PM Modi India#39;s biggest enterprises and unicorns like Jio, Adani, Mahindra Group, Sharechat, HDFC Bank, Glance Roposo and hundreds of others are today benefiting from Google Cloud and AI offerings.

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Amazon commits to $15 billion India investment says Chief Executive Andy Jassy

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Amazon commits to $15 billion India investment, says Chief Executive Andy Jassy This announcement follows Amazon#39;s cloud computing unit Amazon Web Services (AWS) saying last month it will invest 1.06 trillion rupees ($12.9 billion) in the country by the end of 2030.

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The AI genie is out of the bottle. How best to control it

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The AI genie is out of the bottle. How best to control it Perhaps the biggest and most complex area in the regulation will deal with data and its handling 

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Green Journey: Infosys Association of Tennis Professionals launch âCarbon Trackerâ

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Green Journey: Infosys, Association of Tennis Professionals launch ‘Carbon Tracker’ The Carbon Tracker features a dashboard that shows players what their travel related emissions are across multiple seasons – enabling deeper understanding and analysis of travel choices.

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Breaking up Google

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Breaking up Google The current anti-trust actions in the US and Europe seeking to break up the search giant’s ad tech business may be too little, too late and finally change little for publishers and advertisers

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AI dating apps are helping humans find relationships

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AI dating apps are helping humans find relationships Online dating applications have begun to include Artificial Intelligence (AI) and Machine Learning algorithms in recent years to improve the user experience and raise the success rate of matches.

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BSE official website to remain temporarily unavailable from today evening check details

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BSE official website to remain temporarily unavailable from today evening, check details The BSE website will not be working from 9 PM on June 17 to 9 AM on June 18 as it will undergo maintenance. In case of any urgent filing or other emergency, you can communicate with the BSE via email at corp.relations@bseindia.com.

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Rajan Anandan not Sam Altman holds the answer to his question

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Rajan Anandan, not Sam Altman, holds the answer to his question Until a culture of risk-reward equation — which OpenAI CEO Sam Altman probably referred to when quizzed by former Google CEO and angel investor Rajan Anandan — percolates into the Indian startup ecosystem, breakthrough ideas will continue to remain underfunded.

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Reddit made the mistake of ignoring its core users

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Reddit made the mistake of ignoring its core users The social-media platform needs a path to profitability that recognises the commitment of its moderators and volunteers

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Britain could be the right place to write AI#39;s rules

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Britain could be the right place to write AI#39;s rules Britain offers a temperate middle ground between the onerous approach of Europe and the more laissez-faire US, where most AI innovation is coming from. The UK also brought together its top regulators on antitrust, data privacy and online harms under one umbrella, called the Digital Regulatory Cooperation Forum. That will make it much easier to set and enforce rules on AI with one voice

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Thereâs no stopping the march of AI. Unveil massive upskilling programmes for our techies

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There’s no stopping the march of AI. Unveil massive upskilling programmes for our techies A clear siloing of AI technology is developing, and without upskilling India won’t be able to break the US-China duopoly. Only a globally competent labour force will benefit from the free movement regime in services in our trade negotiations. Businesses are seeking locations that aren’t just safe and conducive but also brimming with talent. We shouldn’t miss the AI bandwagon 

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AI: Digital zombies may already be in your home

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AI: Digital zombies may already be in your home Botnets that turn your gadgets into digital zombies aren’t going to attract the same attention as a chatbot or automated photo generator, nor the same level of fearmongering among AI skeptics. Every device with a processor, memory and an internet connection is a potential bot, which means they can be weaponised against us.

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US has necessary capital and technology while India offers both scale and talent: Ambassador Taranjit Singh Sandhu

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US has necessary capital and technology while India offers both scale and talent: Ambassador Taranjit Singh Sandhu The remarks by India#39;s Ambassador to the US Taranjit Singh Sandhu came during his address to the annual India Ideas Summit of the US India Business Council.

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US has necessary capital and technology while India offers both scale and talent: Ambassador Taranjit Singh Sandhu

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US has necessary capital and technology while India offers both scale and talent: Ambassador Taranjit Singh Sandhu The remarks by India#39;s Ambassador to the US Taranjit Singh Sandhu came during his address to the annual India Ideas Summit of the US India Business Council.

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Vetri Subramaniam is not excited about listed platform plays, renewables: Here#39;s why

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Vetri Subramaniam is not excited about listed platform plays, renewables: Here#39;s why Vetri Subramaniam highlights risks associated with platform companies and renewable energy stocks in a Network18 interview.

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Democratisation of technology important tool to help bridge data divide: PM Modi

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Democratisation of technology important tool to help bridge data divide: PM Modi Speaking to G20 development ministers through a video address, Modi also batted for reforms in multilateral financial institutions to expand their eligibility criteria to ensure that finance is accessible to those in need

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Apple’s Vision Pro headset could save its virtual reality competitors

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Apple’s Vision Pro headset could save its virtual reality competitors Apple has historically blazed a path in hardware and materials that allowed others to ride on its coattails. Apple clearly spent a lot of time and money perfecting the underlying technology in the Vision Pro headset. As happened for metal laptop cases and touch screens that Apple perfected, the benefits will be shared across the entire supply chain

from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/apple’s-vision-pro-headset-could-save-its-virtual-reality competitors_17078351.html
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Adam Smith and the distortionary impact of Artificial Intelligence

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Adam Smith and the distortionary impact of Artificial Intelligence IMF Deputy MD Gita Gopinath has pointed out how AI will upend the seminal work of Adam Smith and completely change labour markets and the economy

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Can Taurine help you live longer and healthier?

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Can Taurine help you live longer and healthier? Mice fed Taurine, an amino acid, lived 10–12 percent longer; worms’ lives were extended 10-23 percent; and middle-aged monkeys showed improvements across health parameters. But we don#39;t know the dangers of Taurine supplements to human health, including on cancerous cells. Years of research lie ahead

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Apple#39;s WWDC 2023 unveilings: From Vision Pro to 15-inch MacBook Air and iOS updates – check out the pics

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Apple#39;s WWDC 2023 unveilings: From Vision Pro to 15-inch MacBook Air and iOS updates – check out the pics Apple Inc. unveiled its first augmented-reality (AR) headset, as well as a series of upgrades to its devices and software, at the company’s annual developers conference on June 5. Apple#39;s Vision Pro marks the iPhone maker#39;s foray into a new product category since the Apple Watch was launched nine years ago. Here are the major launches made at the event:

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TCS Chairman N Chandrasekaran talks about AI-expansion plans

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TCS Chairman N Chandrasekaran talks about AI-expansion plans In a letter addressed to the company#39;s shareholders, the Tata Consultancy Services Chairman spoke at length about the company#39;s push for AI and its resilience through a tough time for the Information Technology industry.

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Apple has 520 reasons why its $3,499 Vision Pro headset will prevail over Meta#39;s Quest

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Apple has 520 reasons why its $3,499 Vision Pro headset will prevail over Meta#39;s Quest Apple#39;s extensive retail operation comprising 520 stores is an underestimated force in its efforts to win at mixed reality. Its stores are already well-established with good footfalls and introducing mixed reality in this environment may be enough for this first-generation product

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Generative AI Social Media: Creating entertainment, news and advertising content just got easier. Competition gets tougher too

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Generative AI Social Media: Creating entertainment, news and advertising content just got easier. Competition gets tougher too From curated AI that has been tailoring our social media feeds for long we are entering the age of creative AI which is simple to use, customisable and easy to integrate to various platforms. The effortless mass manufacturing of text, images, audio and video will majorly disrupt the entertainment, news and advertising businesses

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‘Fear of missing out’ drives retail investors to ride AI wave

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‘Fear of missing out’ drives retail investors to ride AI wave Net purchases of US stocks hit highest daily level in three months, VandaTrack data shows

from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/‘fearmissing-out’-drives-retail-investors-to-ride-ai-wave_17072261.html
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Apple’s pricey new Vision Pro headset is not to be dismissed

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Apple’s pricey new Vision Pro headset is not to be dismissed Both iPhone and Apple 1 spoke to a computing future that hadn’t been fully imagined then. In time, the Vision Pro will become cheaper, thinner, lighter and cooler. Apple can’t claim to have invented mixed reality but in its typical fashion brings innovation and smart design to a category severely lacking in both

from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/apple’s-pricey-new-vision-pro-headset-is-not-to-be-dismissed_17071911.html
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In Pics: Apple enters Augmented Reality race with Vision Pro headset

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In Pics: Apple enters Augmented Reality race with Vision Pro headset Apple has unveiled its much awaited Augmented Reality offering the Vision Pro. These augmented reality glasses run Apple#39;s new operating system visionOS.

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London Design Biennale explores design-led collaboration

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London Design Biennale explores design-led collaboration The fourth edition of the London Design Biennale opened in the British capital on June 1, bringing together exhibitors from around the globe, invited to explore new forms of collaboration through design.

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AI-powered smart glasses assist the visually impaired in seeing for the first time

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AI-powered smart glasses assist the visually impaired in seeing for the first time International NGO Vision-Aid and Dr Shroff Charity Eye Hospital have introduced wearable assistive device called Smart Vision Glasses that are like smartphones for the visually impaired, and hopes to benefit those with prosopagnosia.

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Can Artificial Intelligence predict lung cancer in non-smokers?

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Can Artificial Intelligence predict lung cancer in non-smokers? The lung cancer risk of non-smokers is detected by an AI tool. Researchers have devised an AI model and algorithm to diagnose lung-cancer risk in the future.

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Lunch with the FT | Sci-fi writer Ted Chiang: ‘The machines we have now are not conscious’

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Lunch with the FT | Sci-fi writer Ted Chiang: ‘The machines we have now are not conscious’ The visionary author on the limits of AI, the uses of science fiction — and why there’s a #39;market opportunity for volleyballs’

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Is AI an existential threat? #39;Extinction#39; warning may do more harm than good

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Is AI an existential threat? #39;Extinction#39; warning may do more harm than good A one-sentence statement signed by industry experts is impressive in its humility but it is more likely to generate backlash than assent. One common-sense objection might go like this: If you’re so concerned about extinction, why don’t you just stop working on AI?

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Hearing anti-trust cases should be CCI’s first order of business, lawyers say

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Hearing anti-trust cases should be CCI’s first order of business, lawyers say Since the chairperson’s post was vacant for seven months, many anti-trust cases have been pending before the CCI. Ravneet Kaur has now taken charge as the chief of the competition watchdog.

from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/hearing-anti-trust-cases-should-be-cci’s-first-orderbusiness-lawyers-say_17068111.html
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AI robots can’t clean our plastic-plagued oceans alone

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AI robots can’t clean our plastic-plagued oceans alone Technology can help mitigate environmental damage, but it can’t solve the problem

from Moneycontrol Technology News https://www.moneycontrol.com/news/technology/ai-robots-can’t-clean-our-plastic-plagued-oceans-alone_17067571.html
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Would you let Elon Musk implant a device in your brain?

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Would you let Elon Musk implant a device in your brain? The entrepreneur’s Neuralink startup will be life-changing for some, but it’s hard to see how it will transform society

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Ola#39;s Bhavish Aggarwal to enter AI space, registers new company

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Ola#39;s Bhavish Aggarwal to enter AI space, registers new company Aggarwal has registered the company along with Tenneti Venugopala Krishnamurthy who is one of the board members of ANI Technologies ltd which owns Ola Cabs and Ola Electric.

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