Jitters about losing jobs to AI are broad-based, but the researchers found that women may be more vulnerable because of the types of roles in which they are overrepresented. For example, of the six million people in the US holding clerical and administrative roles, roughly 86% are women, according to the Brookings report. This group…
Emerging-market stocks and currencies climbed to fresh records on Wednesday, with the latest Asian tech gains lifting South Korea’s bourse to the world’s ninth largest, topping both France and Germany. Indian information technology shares also rebounded after hitting 30-week lows on the back of a Citrini Research report that predicted widespread job losses linked to…
The United States “totally” rejects global governance of artificial intelligence, White House technology adviser Michael Kratsios said on Friday while attending the India AI Summit, AFP reported. Kratsios, who is the head of the country’s delegation to the major AI summit happening in New Delhi, made the remarks ahead of an expected leaders’ statement setting…
Indian IT stocks have been under sustained pressure for the past four sessions, dragging benchmark indices lower amid concerns that artificial intelligence (AI) is likely to disrupt the labour-intensive domestic tech sector. The Nifty IT index plunged almost 1% on Monday, February 16, taking its four-day selloff to 9.4%. On a month-to-date basis, the index…
Show Quick Read Key points generated by AI, verified by newsroom Artificial Intelligence: According to the report of Thoughtworks, India has now become the leader in the whole world in adopting Artificial Intelligence models. Especially the use of Large Language Model i.e. LLM has increased fastest in India. The highest monthly and daily active users…
India’s push to adopt Artificial Intelligence (AI) could add as much as $1.7 trillion to the country’s economy by 2035, making technology one of the biggest drivers of growth over the next decade, according to government estimates. The projection comes at a time when India is significantly stepping up public investment and policy support for…
Legal tech AI firm Legora has raised $150 million in a Series C led by Bessemer Venture Partners, valuing the Stockholm-based company at $1.8 billion. The fundraise comes amid sharp demand: Legora’s customer base has risen from 350 to over 550 in six months, with operations now spanning more than 50 countries. Clients include Linklaters,…
