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Global Chip Industry To Allocate $400B For Equipment By 2027

27 Sep 2024

Global semiconductor manufacturers are poised to allocate a historic $400 billion towards chip-making equipment from 2025 to 2027, according to a report by the industry association SEMI. This surge in investment is primarily fueled by rising demand for chips essential for artificial intelligence (AI) and memory storage, alongside the ongoing...

IIT Madras Launches Affordable Online Certificate Courses

25 Sep 2024

IIT Madras is now offering an excellent opportunity for students who have completed class 11 or class 12 to enroll in affordable online certificate courses. Here are the essential details: Course Overview Subjects Offered: Data Science, Artificial Intelligence, and Electronic Systems Course Duration: 8 weeks Cost: ₹500 Application Details Registration...

Airtel Launches AI Solution to Block Spam Calls

25 Sep 2024

Bharti Airtel is gearing up to introduce artificial intelligence-enabled technology to reduce spam calls and messages across its network, according to the company’s Managing Director and CEO, Gopal Vittal. The new technology will be implemented starting midnight on September 26 and is designed to alert users about potential spam calls...

CEOs Of Accenture, HP Is Commitment To Expand Operations In India

23 Sep 2024

Following a roundtable meeting with Prime Minister Narendra Modi, CEOs from Accenture and HP Inc. have expressed their optimism and commitment to expanding operations in India. The roundtable, hosted by PM Modi and held in New York on the second day of his three-day US visit, discussed India's role in...

United Nations AI Plan: UN Wants To Treat AI With Same Urgency As Climate Change

19 Sep 2024

A report from the United Nations, released today, suggests that the international organization should oversee a global initiative aimed at monitoring and regulating artificial intelligence (AI). Prepared by the UN Secretary-General’s High Level Advisory Body on AI, the report recommends establishing an entity akin to the Intergovernmental Panel on Climate...

AI Shares Surge With Strong Funding And New Regulations

15 Sep 2024

Artificial Intelligence as a technology in its current form is largely task-oriented and typically not capable of dealing with a situation where logic and reasoning are needed. But it is here to stay and it has of late become the talk of the town. Generative AI, also referred to as...

Artificial Intelligence Convention Ready For Signing, Puts Human Rights First

05 Sep 2024

The first legally binding international treaty on artificial intelligence (AI) is poised to open for signature on Thursday, as announced by the Council of Europe. This treaty, known as the AI Convention, will be available for signing by the countries involved in its negotiation, including European Union members, the United...

IBM to Cut Over 1,000 Jobs in China Amid Geopolitical Tensions

28 Aug 2024

IBM is set to cut over 1,000 jobs in China, according to multiple state media reports. This decision comes as geopolitical tensions between Beijing and Washington intensify, leading many global companies to reevaluate their positions in China, the world’s second-largest economy. Closure of Research Facilities Yicai, a Chinese state-owned financial...

California AI Bill: Why Is The Move Dividing Silicon Valley

28 Aug 2024

A California AI bill aimed at establishing new safety regulations for artificial intelligence (AI) has caused a rift in Silicon Valley, involving prominent lawmakers in an unusual intervention by national policymakers into state politics. California Senate Bill 1047, titled the Safe and Secure Innovation for Frontier Artificial Intelligence Models Act,...

Economic Survey 2023-24 Emphasizes Need For Balanced Strategies To Address Economic Complexities

22 Jul 2024

The government released the Economic Survey for 2023-24 in Parliament today, projecting that India’s real GDP could grow between 6.5% and 7% in 2024-25. The Economic Survey, produced by the Chief Economic Advisor’s Office in the Ministry of Finance, has evolved from a retrospective commentary to a forward-looking analysis of...