NEW DELHI : : The next phase of India’s AI Mission will pivot toward building a marketplace to commercialize the models and applications built by the startups that were funded in its initial tranche, Abhishek Singh, additional secretary at the ministry of electronics and IT (MeitY) and chief executive of the IndiaAI Mission, said in…
“It would be a big boon that cuts down costs significantly,” said Botshelo Baloyi, chief executive and founder of UmKhoAI, Africa’s first offline national AI ecosystem. UmKhoAI Public allows AI access without buying data, wifi, or internet access—a crucial feature for a continent where connectivity remains patchy. The company has built an AI model with…
India’s first foundational artificial intelligence models launched on Wednesday, marking a leap for the country targeting a leadership role in the transformative technology sweeping the world. Bengaluru-based Sarvam AI, backed by investors such as Peak XV and Vinod Khosla, unveiled three foundational AI models with 3-billion, 30-billion and 105-billion parameters. The company, the first to…
“The hype is real,” says Boneparth, founder of Bone Fide Wealth, a financial advice firm in New York. Although the tax planning functionality is still new, its value is already apparent, he says. “That’s an area where you can put hard-earned dollars back in your clients’ hands.” Boneparth and other advisors using Altruist’s Hazel say…
A day after Noida’s Galgotias University landed in trouble over an exhibit at the India AI Impact Summit, the Center ordered the institute’s stalls to be removed from the expo show floor. Addressing the concern at a press briefing on Wednesday, S Krishnan, secretary at the Ministry of Electronics and IT (Meity), said that the…
At Davos, Nikhil Kamath and Yuval Noah Harari discussed several topics. The professor at the Hebrew University of Jerusalem had a lengthy talk with the Indian investor. One of the key points of their discussion was religion in today’s times. Kamath wondered if religion was still relevant among young people. Harari argued that religion was…
Over the past 12 months, companies have announced at least 50 senior AI-focused leadership hires—most notably chief AI officers (CAIOs)—across fintech, banking, manufacturing, logistics, media and enterprise technology, according to executive search firm Longhouse. The pace has accelerated sharply over the past six months, with more than a third of these appointments announced between November…
Show Quick Read Key points generated by AI, verified by newsroom Apple wants that when you have an iPhone in your hand, there should be other products to carry with it. In view of this, the company is working on three new products. Of these, one product is already present in the market, which will…
New Delhi: US chipmaker Qualcomm Inc has set aside $150 million for a dedicated venture capital fund targeting artificial intelligence startups in India, chief executive Cristiano Amon said on Wednesday. The announcement, made during Amon’s visit to India, comes after a spate of investment announcements on Tuesday, including the expansion of India Deep-Tech Alliance (IDTA)’s…
New Delhi: The traditional red carpet at the India AI Film Festival and the AI Impact Summit this week had a distinctively digital sheen. Amidst the usual chatter of cinematography and casting, a new breed of exhibitors, AI platform developers, are spending the week pitching a radical proposition to India’s creative core: the end of…
