Artifical Intelligence

India proposes significant tax incentives for data centres as the country positions itself to capitalize on the AI boom and compete in the global digital infrastructure race.

This tech CEO says he will fire employees if they don’t use AI

CEO Eric Vaughan told Fortune that in early 2023, he decided the future of his company depended on adopting AI. When many employees resisted, he replaced nearly 80% of the staff within a year.

Race for AI supremacy — A test of real intelligence for America, China

China has responded to Trump’s AI action plan with the proposal of a global cooperation organisation

India becoming a core pillar of our growth strategy: Goldman Sachs’ Kim-Thu Posnett

'We are seeing the making of a multi-year ECM cycle in India, with both structural and technical factors beginning to align,' Kim-Thu Posnett, global co-head of investment banking at Goldman Sachs tells Moneycontrol

Is AI coming for call center jobs in India? Experts weigh in

In 2023, a new software was introduced that changed the way call center agents sound, basically helping them speak in a more Western accent while talking to customers abroad. I

Govt to provide major part of Rs 10,000 crore startup fund to sectors like new age tech, AI

In the Budget, the government announced a new FFS with a corpus of Rs 10,000 crore. In 2016 also, the government had launched a similar scheme.

From Google's new large language model to H&M using AI models: A few big AI innovations take centrestage

From new models to transformative applications, the AI landscape saw a lot of activity. Google, OpenAI, DeepSeek and other showcased some big innovations

DeepSeek vs Manus AI: How do these two Chinese AI chatbots compare in responses, privacy, search, and more

Weeks after Chinese AI startup DeepSeek caused a whirlwind with its DeepSeek-R1 model, a powerful new AI tool, Manus AI, is making waves in China. But you may want to know which one is better. We now compare both the Chinese AI tools and see what all they have to offer

Successful tech IPOs revive VCs' optimism; AI attracts key investments: Stellaris Venture Partners

Long-term investment strategies, especially in early-stage start-ups, hold the key for VC firms, says Rahul Chowdhri, Partner, Stellaris Venture Partners.

UAE’s National Media Office Chairman Abdulla Al Hamed Explores AI innovation and global partnerships in media during visit to India

Abdulla bin Mohammed bin Butti Al Hamed, Chairman of the National Media Office and Chairman of the Board of Directors of the UAE Media Council, emphasized the UAE’s commitment to fostering partnerships that will drive the creation of an integrated media and entertainment ecosystem.

Persistent Systems share price in green amid broader IT sector fall following small acquisition in AI space

Persistent Systems said that its acquisition of Arrka is a strategic move aimed at integrating Arrka's Data Privacy Management platform into Persistent Systems’ existing AI-led services.

Why Oklahoma City police are using an AI chatbot

The Oklahoma City Police are relying on an AI tool for something that could prove tedious for the officers.

Premji Invest may pump in $50 million in Paris-based AI coding startup Poolside

Premji Invest is stepping up bets in global tech startups, as it looks to capitalise on the generative AI boom. It recently invested in Hippocratic AI and Canva

What SoftBank CEO, former OpenAI chief scientist believe may be the future of AI

SoftBank CEO Masayoshi Son and former OpenAI chief scientist Ilya Sutskever believe that AI could achieve up to 10 times more intelligence than humans, and could overpower human intellect.

AI in Google Chrome: How to use Chrome’s new artificial intelligence features

Chrome's AI capabilities offer three main functions: creating themes, organising tabs, and generating text.

Govt to look at policy, fiscal support in sunrise sectors, AI, space going ahead: FM

Sitharaman was speaking at the Pandit Hriday Nath Kunzru Memorial Lecture in Delhi's JNU.

SenseTime plunges after death of China AI firm’s Co-Founder

The Chinese firm’s growth has slowed dramatically in the face of rapidly intensifying competition. The US government blacklisted the company in 2019 on allegations related to human rights violations in Xinjiang.

Torrent of GST notices stems from AI, data analytics on law interpretation: Official

First, it was Rs 1.4 lakh crore of GST notices to online gaming, then Rs 1.5 lakh crore of notices to shipping companies and now the airline sector is under scanner.

Gen AI has halved time consumption, reduced operating costs, say CXOs

Unlike traditional AI systems that are programmed to perform specific tasks or make decisions based on predefined rules, generative AI can create content autonomously. However, it will still need the human hand, say CXOs, who use it to boost their own efficiency.

AI companies must rethink how they pay for data, says tech pioneer Jaron Lanier

“I want to create more, if you like, creative classes of people who are really good at providing fresh data that makes the models work better. So everybody benefits.”

TRAI recommends AI regulation: Establish independent body, risk-based framework for AI use cases

TRAI has drawn up a risk-based regulatory framework to be implemented in view of the “impact of AI in all sectors” and suggested that an “Artificial Intelligence and Data Authority” (AIDAI), to oversee the same, be set up immediately.

Generative AI: Hype or reality for the technology services industry?

IT services companies that fail to invest in generative AI capabilities will be left behind and the ones that can adapt will take a larger pie of the budgets allocated for generative AI initiatives by enterprises

FinMin tells state-run banks to build AI capabilities to increase operational efficiency

Also, the government cautioned state-controlled banks on customer data protection while outsourcing critical services, including technical services.

Vinod Khosla quotes Warren Buffett amid funding winter

Moneycontrol Startup Conclave: The billionaire venture capitalist further elaborated that India is best positioned to take advantage of Chinese management of Covid-19.

Amitabh Bachchan in new role, will interact with fans using Generative AI

Customers in India would be able to interact with Bachchan at numerous locations and instantaneously have him chatting with them once it launches at the end of 2023.