Union Minister for Electronics and IT Ashwini Vaishnaw on Wednesday rejected the International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva’s suggestion that India belongs to a second tier of AI economies, saying that India is clearly in the first group globally. “I don’t know what the IMF criteria has been, but Stanford places India as…
White House trade advisor and US President Donald Trump’s aide, Peter Navarro, claimed that the people of the United States are allegedly paying for the artificial intelligence (AI) services that companies provide in India, according to a telephonic interview with the former White House chief strategist Steve Bannon. Peter Navarro questioned why the Americans should…
Coforge-Encora Deal: Coforge has announced a big bet in the field of Artificial Intelligence (AI). This information technology (IT) services company will acquire 100 percent stake in American engineering services company Encora at an enterprise value of $ 2.35 billion (approximately Rs 21,133 crore). This deal will be done through share swap. Source
