Page 14 - Latest Updates on Artificial intelligence
Companies can add $460 bn to profits with better AI implementation: Study
three things companies need for these gains are improved data practices, trust in advanced AI, and AI integration with business operations
 "Companies can add $460 bn to profits with better AI implementation: Study")
R-CAT: Global firms Oracle, Cisco involvement in Rajasthan govt's IT push
According to the official, over 80 training programmes are being run in R-CAT
 "R-CAT: Global firms Oracle, Cisco involvement in Rajasthan govt's IT push")
Nvidia, Microsoft team up to build one of most powerful AI supercomputers
'AI technology advances as well as industry adoption are accelerating', said Manuvir Das
 "Nvidia, Microsoft team up to build one of most powerful AI supercomputers")
Comviva partners with KIIT, ITER to develop market-appropriate talent
Comviva will provide content, technologies, faculty training, and access to industry experts in its core areas of focus like digital payments, real-time marketing & analytics, etc
 "Comviva partners with KIIT, ITER to develop market-appropriate talent")
Infosys BPM opens AI, automation unit in Poland for global clients
Centre will offer solutions for lowering costs, productivity, and customer experience: Company
 "Infosys BPM opens AI, automation unit in Poland for global clients")
The new wave of process automation is intelligent
Intelligent process automation adds advanced cognitive technologies such as AI to expand business process automation across entire enterprises
 "The new wave of process automation is intelligent")
Artificial intelligence, drones to fight pollution; CAQM okays 7 projects
CAQM has decided to tap the technical/academic expertise of the reputed scientific institutions
 "Artificial intelligence, drones to fight pollution; CAQM okays 7 projects")
pi Ventures raises $8 mn for 2nd fund from British International Investment
The second fund was launched in March 2021 with a base target corpus of $75 million and including a green shoe target of $100 million
 "pi Ventures raises $8 mn for 2nd fund from British International Investment")
Qualcomm's venture capital arm planning to pick up stakes in EV startups
The company is also open to mergers and acquisitions in the auto tech space
 "Qualcomm's venture capital arm planning to pick up stakes in EV startups")
Manipal Hospitals partners with Google Cloud to improve patient service
Healthcare company will use Google Cloud's technology for virtual care and other services
 "Manipal Hospitals partners with Google Cloud to improve patient service")
Zoho Corp revenue hit $1 billion in 2021, India business grew 77%
At current growth rate, India could be company's biggest market in 10 yrs: CEO
 "Zoho Corp revenue hit $1 billion in 2021, India business grew 77%")
Bumble open sources AI tool 'private detector' that detects nudes
The new tool works by automatically blurring a potential nude image shared within a chat on Bumble. Users will be notified, and it is up to them to decide whether to view or block the image
 "Bumble open sources AI tool 'private detector' that detects nudes")
Botminds' new certification program to upskill 90% of automation developers
All members of the Botminds AI invite-only community can enrol for the certification program. The program comprises Level 1-Foundation, Level 2-Advanced and Level 3- Architect certifications
 "Botminds' new certification program to upskill 90% of automation developers")
AI knows how much you're willing to pay for flights before you do
Armed with mountains of data, artificial intelligence is emerging as an important tool for airlines to find the ideal fares to charge passengers, helping them squeeze out as much revenue as possible
 "AI knows how much you're willing to pay for flights before you do")
The rise and rise of conversational AI: What is it and how does it work?
Automating routine and transactional interactions such as account management, order confirmations, returns, and address change with smart bots is on the rise.
 "The rise and rise of conversational AI: What is it and how does it work?")
India and the industrial metaverse
The images inside the metaverse can be interactive and powered by artificial intelligence (AI) and edge computing, while being connected by 5G speeds.
 "India and the industrial metaverse")
AI language processors show bias against people with disabilities: Study
A recent study has found that the algorithms that power AI based language processors frequently exhibit characteristics that might be insulting or discriminatory toward people with disabilities
 "AI language processors show bias against people with disabilities: Study")
Why India continues to attract demand for global capability centres
According to a BCG study, India currently has over 1,500 global capability centres, with 300-500 to be added over the next five years
 "Why India continues to attract demand for global capability centres")
Industry body Nasscom launches responsible AI hub and resource kit
The resource kit comprises sector-agnostic tools and guidance to enable business to leverage AI to grow scale with confidence by prioritising user trust and safety, the Indian IT industry body said.
 "Industry body Nasscom launches responsible AI hub and resource kit")
IIT Mandi start up to launch world's first AI-backed giant swing in Manali
Four engineer friends have claimed to have innovated a giant swing backed by AI which will provide an "impeccable" security to the jumpers with more than 100 jump styles
 "IIT Mandi start up to launch world's first AI-backed giant swing in Manali")