Page 18 - Latest Updates on Artificial intelligence
Want to use AI for road safety and better mobility: Nitin Gadkari
Says aim is to use the technology for enforcement purposes in cities where state govts or civic bodies are falling short
 "Want to use AI for road safety and better mobility: Nitin Gadkari")
Gurugram University to operate in 2 shifts from next academic year: VC
Also, courses on Artificial Intelligence, e-technology and healthcare will be launched to keep the students in sync with market requirements, they said
 "Gurugram University to operate in 2 shifts from next academic year: VC")
Nasscom, Microsoft announce 2nd 'AI Gamechangers' to boost AI adoption
In a bid to accelerate AI (artificial intelligence) adoption in India, Nasscom and Microsoft on Wednesday announced the second edition of the 'AI Gamechangers' awards
 "Nasscom, Microsoft announce 2nd 'AI Gamechangers' to boost AI adoption")
How Indegene helps global pharma cos develop drugs faster amid Covid
Indegene uses AI and ML, and medical data mining to speed up digital transformation at top life sciences organisations
 "How Indegene helps global pharma cos develop drugs faster amid Covid")
Improving customer experience spurs AI use in BFSI, says report
83% of BFSI leaders believe enhancing customer experience is top driver of AI implementation
 "Improving customer experience spurs AI use in BFSI, says report")
TEC seeks inputs for norms to address social, legal issues in AI, ML
The technical arm of the Department of Telecommunications has invited inputs from the public by March 8 to develop the framework to resolve various ethical, social and legal issues
 "TEC seeks inputs for norms to address social, legal issues in AI, ML")
Meta to break language barriers with AI, builds universal speech translator
Meta announced an ambitious plan to use AI for translation which has been used by several players including Google & Apple, Indian Govt too has launched its ambitious NLTM programme
 "Meta to break language barriers with AI, builds universal speech translator")
o9 Solutions' valuation crosses $2.7 billion after $295 million funding
o9 Solutions raises $295 mn funding from General Atlantic, others
 "o9 Solutions' valuation crosses $2.7 billion after $295 million funding")
How AI, machine learning are being increasingly used to drive social good
Data and technology solutions are key to reaching the most vulnerable children at speed
 "How AI, machine learning are being increasingly used to drive social good")
AI crucial in preventing security attacks, fraud: Razorpay co-founder
In a Q&A, Razorpay co-founder talks about opportunities that pandemic has thrown up for them to rejig their business and leverage digital technologies to serve customers
 "AI crucial in preventing security attacks, fraud: Razorpay co-founder")
ORAI raises Rs 6.5 crore in pre-series A funding round led by IPV
ORAI is a platform that offers customers end to end platform + solution + service.
 "ORAI raises Rs 6.5 crore in pre-series A funding round led by IPV")
Journalism moving to subscription model, with AI, metaverse at play
One of the trends the report highlights is that news on TikTok or short video will be a battleground
 "Journalism moving to subscription model, with AI, metaverse at play")
AI firm Fractal buys cloud and data player Neal Analytics for unknown sum
Founded in 2011, Neal Analytics is a Microsoft Gold Consulting Partner supporting its cross-industry clients, such as PepsiCo and Microsoft, in their data-driven transformation initiatives
 "AI firm Fractal buys cloud and data player Neal Analytics for unknown sum")
Deepfake avatars are going mainstream
While artificial intelligence is being used to support fake information, some pioneering companies are deploying simulated videos and voices for genuine objectives
 "Deepfake avatars are going mainstream")
India climbing up the ladder of emerging tech patents, shows data
5,000 patents were filed in AI in India in the decade 2011-2020
 "India climbing up the ladder of emerging tech patents, shows data")
AI and Computer Vision platform Avataar raises $45 mn in Series B funding
Avataar's platform powers the largest global eCommerce marketplaces and leading D2C brands, shaping consumer journeys with life-sized 3D product evaluation coupled with interactive feature discovery.
 "AI and Computer Vision platform Avataar raises $45 mn in Series B funding")
Atul Jalan-led AI co Algonomy seeks to buy Lankan tech firm Linear Squared
Deal value not disclosed; Linear Squared is a cloud-based tech company specialised in building demand planning and forecasting products for CPG, grocery retail industry and other industries
 "Atul Jalan-led AI co Algonomy seeks to buy Lankan tech firm Linear Squared")
PE firm TPG invests $360 mn in AI and analytics services firm Fractal
PE player Apax is exiting partially via this fund raise. It had invested $200 million in Fractal in 2019
 "PE firm TPG invests $360 mn in AI and analytics services firm Fractal")
Instoried's Sharmin Ali expects 2022 to be the year of 'empathetic content'
Instoried founder & chief executive Sharmin Ali shares the story of Instoried, the need for AI-driven content marketing and the use of NLP
 "Instoried's Sharmin Ali expects 2022 to be the year of 'empathetic content'")
Second largest in AI talent pool, Bengaluru ranked fifth in the world
The ranking is derived based on a framework of indicators such as talent pool, investments, diversity of talent, the evolution of the country's digital foundations (TIDE).
 "Second largest in AI talent pool, Bengaluru ranked fifth in the world")
