TECHNOLOGY
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Easing FDI norms in space sector to attract foreign players, boost demand for high-tech jobs
Sreeram Ananthasayanam, Partner, Deloitte India, said that the recent amendment of higher FDI limits in the space sector is a significant step...
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Digital fraud-hit banks turn to startups to cope with risks
Legacy financial institutions turn to startups like Data Sutram for tech support in customer verification. Data Sutram's 'DS Authenticator Trust...
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Financial Intelligence Unit arms itself with AI, ML tools to check money laundering
India's FIU enhances anti-money laundering efforts with AI-powered FINnet 2.0. The system analyzes suspicious transaction reports, assigns risk...
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Foxconn reiterates Q2 revenue to grow, posts record April sales
Foxconn anticipates higher second-quarter revenue with record April sales and strong growth in AI server demand, smart consumer electronics, and...
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Indian EV startup makes offer to interns spurned by Elon Musk
Pravaig Dynamics offers support to Tesla interns after Elon Musk's cost-cutting, inviting them to the Silicon Valley of India to recognize their...
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Eye on AI: AI boosts growth for cloud giants, US newspapers sue Microsoft, OpenAI
In the January-toMarch quarter, Amazon’s cloud computing arm Amazon Web Services, Microsoft’s Azure and Google Cloud grew at 17%, 31% and 28%,...
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AI has hit human-level performance on some parameters: Stanford report
Here's a summary of the noteworthy insights from the 'AI Index 2023' report by the Stanford Institute for Human-Centered Artificial Intelligence.
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Paytm COO & president Bhavesh Gupta resigns; to take on advisory role
Paytm's chief operating officer and president Bhavesh Gupta resigned on Saturday in yet another top-deck exit at the fintech company. The...
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Bhavish Aggarwal's Krutrim AI launches mobile app, opens up cloud infra for businesses
Krutrim AI, an artificial intelligence (AI) startup founded by Ola Electric's Bhavish Aggarwal, has opened up its cloud for entrepreneurs and...
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Stanford AI leader Fei-Fei Li building 'spatial intelligence' startup
Li, considered a pioneer in the AI field, raised money for the company in a recent seed funding round. Investors included Silicon Valley venture...