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Page 17 - Latest Updates on Artificial intelligence

India's investments in AI to cross $880 mn by 2023: NASSCOM report

The global artificial intelligence investments have doubled in the last year, but India's share in global AI investment remains at 1.5%, the NASSCOM report said

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Updated On : 24 Jun 2022 | 11:02 AM IST

AI adoption to add $500 billion to India's GDP by 2025: Nasscom report

The AI adoption in four key sectors -- BFSI, consumer packaged goods (CPG) and retail, healthcare, and industrials/automotive -- can contribute 60 per cent of the total $ 500 billion opportunity

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Updated On : 23 Jun 2022 | 5:03 PM IST

Maruti Suzuki invests Rs 2 cr in AI startup Sociograph Solutions

The country's largest carmaker Maruti Suzuki India on Friday said it has invested around Rs 2 crore in Sociograph Solutions Pvt Ltd (SSPL), a startup specialising in artificial intelligence

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Updated On : 17 Jun 2022 | 1:48 PM IST

Sentient artificial intelligence: A dream & a nightmare for scientists

Given our inability to define consciousness and to understand how it arises, and given the huge strides made in developing AI, a genuinely self-aware program might indeed be around the corner

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Updated On : 17 Jun 2022 | 6:10 AM IST

Only 12% firms using AI at a level that gives competitive edge: Accenture

63% global firms are AI experimenters, barely scratching the surface of its potential with AI maturity score of 29; Many others with higher scores are still leaving the full value of AI untapped

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Updated On : 14 Jun 2022 | 10:57 PM IST

Only 12% companies are utilising AI to outpace their rivals: Report

Only 12 per cent of organisations that use AI are doing it at a maturity level to achieve a strong competitive advantage while the rest are still experimenting with the technology, a new report said

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Updated On : 14 Jun 2022 | 2:24 PM IST
Updated On : 14 Jun 2022 | 1:00 AM IST

Tech used by casinos in Las Vegas may help Sebi tackle insider trading

Not just India, but several global financial regulators are considering such AI programmes to nail securities law violators such as insider trading

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Updated On : 12 Jun 2022 | 11:02 AM IST

Bengaluru airport introduces robots for enhanced passenger experience

Currently at the trial stage, 10 robots have been deployed at the airport to help guide passengers through the airport and answer basic queries, it said in a statement on Tuesday.

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Updated On : 07 Jun 2022 | 11:01 PM IST

Maruti Suzuki to acquire 12.09% stake in AI firm Sociograph Solutions

Maruti Suzuki India (MSI) on Monday said it will acquire an equity stake of 12.09 per cent in Sociograph Solutions Pvt Ltd (SSPL) for about Rs 2 crore.

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Updated On : 23 May 2022 | 4:39 PM IST

Indian, Chinese companies take lead in use of artificial intelligence: IBM

Indian and Chinese companies are taking lead in use of artificial intelligence compared to their peers in major technically-advanced countries, an IBM survey report said on Thursday.

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Updated On : 19 May 2022 | 11:18 PM IST

WEF 2022: How data and tech are driving change in predicting future

The advent of technology and the resulting change in our ability to foresee potential future events has coincided with an exponential increase in the range and variety of possible outcomes.

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Updated On : 19 May 2022 | 9:12 AM IST

AI, data key differentiators for enterprises: Tata Group Chairman

In TCS annual report, Chandrasekaran said that TCS has shown remarkable resilience and adaptability, coming out stronger than ever, after catastrophic events like global financial crisis or Covid

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Updated On : 18 May 2022 | 10:48 PM IST

AI hiring tools discriminate against people with disabilities, warns US

Employers give computer-based tests to applicants or use computer software to score applicants' resumes and many of these tools use algorithms or AI

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Updated On : 15 May 2022 | 12:14 PM IST

Indian consumers start buying virtual products amid metaverse buzz

42% of respondents globally, including in India, said they had visited a retailer in the virtual world to get advice and make a payment or browse a product range when shopping for a physical item

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Updated On : 05 May 2022 | 12:19 PM IST

IIT-KGP, Virginia Tech launch online course in artificial intelligence

The course, spanning over nine months from May 30, 2022 to January 7, 2023, will be open for both students and industry executives across the world.

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Updated On : 05 May 2022 | 11:39 AM IST

Metaverse next trillion-dollar opportunity for entertainers: Daler Mehndi

The Pasha of Pop, who recently made India's first Metaverse real estate purchase, talks about his investment, his musical inclinations and future plans in a Q&A

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Updated On : 25 Apr 2022 | 1:22 PM IST

Data-rich local Indian content provides fertile ground for tech companies

From creating local language content ecosystem and interactive platforms on smart TVs to helping people shop via video commerce, Indian content offers huge opportunities for tech and e-commerce firms

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Updated On : 13 Apr 2022 | 12:01 AM IST

AI-based content firm Instoried raises $200 mn from GEM, seeks to go public

Funding comes in under 6 months after Instoried announced Series A round; firm says this makes it the fastest-growing deep tech startup led by a woman founder

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Updated On : 07 Apr 2022 | 6:31 PM IST