Page 27 - Latest Updates on Artificial intelligence
India can be AI hub, policy set-up for tech can spur growth: Chandrasekaran
He said if India is able to solve the problems using AI, then the solutions can spread to developing as well as developed nations
 "India can be AI hub, policy set-up for tech can spur growth: Chandrasekaran")
One-third of IBM staff in India may be moved to new infra services biz: CEO
On Thursday, the 109-year-old IBM announced spinning off its managed infrastructure services unit into a new public company that has been temporarily named NewCo
 "One-third of IBM staff in India may be moved to new infra services biz: CEO")
User base of InMobi's short video app Roposo crosses 100 mn on Play Store
Since the ban on Chinese apps including TikTok in June, Roposo's user base has been rapidly growing, with daily downloads touching 6 billion in the aftermath of the ban
 "User base of InMobi's short video app Roposo crosses 100 mn on Play Store")
Microsoft partners chip maker Arm to boost AI innovation for IoT devices
SoftBank-owned UK chip maker Arm has partnered with Microsoft to create Azure-based tools to enable developers transfer data from Arm-based Internet of Things (IoT) devices to Azure Cloud
 "Microsoft partners chip maker Arm to boost AI innovation for IoT devices")
Infosys looks to double headcount in Canada in 12-18 months: Nilekani
The Aadhaar architect pointed out that Canada is a great centre for artificial intelligence (AI) and University of Toronto and Montreal are big centres for the new-age technology
 "Infosys looks to double headcount in Canada in 12-18 months: Nilekani")
Our algorithmic planet
Book review of Competing in the Age of AI: Strategy and Leadership When Algorithms and Networks Run the World
 "Our algorithmic planet")
Ravi Shankar Prasad says AI has massive potential to generate development
Prasad further said AI would become "meaningful" only when it brings in a "palpable improvement" in the quality of life of ordinary Indians
 "Ravi Shankar Prasad says AI has massive potential to generate development")
Govt working on directed energy weapons, AI-enabled systems: IAF chief
India is working on the ambitious $5 billion project to develop the fifth-generation medium weight deep penetration fighter jet to significantly bolster its air power capability
 "Govt working on directed energy weapons, AI-enabled systems: IAF chief")
IBM, govt e-marketplace to set up centre of excellence for AI in India
AI has the potential to raise India's annual growth rate by 1.3 percentage points and add USD 957 billion to India's economy by 2035
 "IBM, govt e-marketplace to set up centre of excellence for AI in India")
PM Narendra Modi to address RAISE 2020 virtual summit today
Prime Minister Narendra Modi is set to address the Responsible AI for Social Empowerment (RAISE 2020) summit scheduled to take place on Monday evening.
 "PM Narendra Modi to address RAISE 2020 virtual summit today")
PM Modi to inaugurate virtual AI summit 'RAISE 2020' on October 5
At the RAISE 2020 summit, delegates and experts in research, policy and innovation on AI will join from across the globe
 "PM Modi to inaugurate virtual AI summit 'RAISE 2020' on October 5")
Smart games, AI & robots can revive the toy industry
New toy makers can now deploy emerging technologies. They don't have to worry about legacy investments, since most were importing from China and not manufacturing
 "Smart games, AI & robots can revive the toy industry")
Tamil Nadu becomes first state with AI, blockchain, cybersecurity policies
In order to promote IT/ITeS and attract more investments, eight SEZs were established in Chennai and tier-II cities
 "Tamil Nadu becomes first state with AI, blockchain, cybersecurity policies")
Retail sector to see transformation due to AI-led tech disruptions: Report
The unorganised segment has dominated the Indian retail sector and in 2019, the segment commanded as much as 85 per cent of the market, show-casing the significant potential for digitalisation
 "Retail sector to see transformation due to AI-led tech disruptions: Report")
Govt aims to enhance digital economy's contribution to 20% of GDP in 5 yrs
Kumar added that AI and other emerging technologies will play a key role in achieving the target, and involvement of all stakeholders is needed
 "Govt aims to enhance digital economy's contribution to 20% of GDP in 5 yrs")
Artificial intelligence to make banking inclusive: Microsoft India head
Banking in the future will combine artificial and human intelligence (AI+HI) to be more collaborative, personalised, inclusive, deliver better products, Microsoft India President Anant Maheshwari said
 "Artificial intelligence to make banking inclusive: Microsoft India head")
Banks need to increase focus on AI, data management, talent creation: IDRBT
Established by the Reserve Bank of India (RBI) in 1996, IDRBT spearheads efforts in providing state-of-the-art technologies for the country''s banking and financial sector
 "Banks need to increase focus on AI, data management, talent creation: IDRBT")
IBM's AI push helps consumer goods firms go digital, tide over Covid-19
The Covid-19 pandemic has spurred consumer goods firms to work with Big Blue to drive their digital transformation efforts, write Peerzada Abrar and Sai Ishwar
 "IBM's AI push helps consumer goods firms go digital, tide over Covid-19")
Data security drives the rise of private cloud
Private cloud means that a firm has control over the server as well as its location, where its data is stored
 "Data security drives the rise of private cloud")
Best of BS Opinion: Resolving bad loans, case for cooperation on GST & more
Business Standard opinion pieces for the day, among other things, talk about bad loans in the banking system
 "Best of BS Opinion: Resolving bad loans, case for cooperation on GST & more")
