News for 'AI Development'

'India is a bright spot. Lot of hope for next two decades'

'India is a bright spot. Lot of hope for next two decades'

Rediff.com29 Mar 2024

'China is somewhat disappointing in its recovery, and slow growth, and India is reporting strong growth numbers.'

India witnessing fastest rise in cancer cases: Report

India witnessing fastest rise in cancer cases: Report

Rediff.com5 Apr 2024

On average, at least one in three Indians today were pre-diabetic, two in three were pre-hypertensive and one in 10 were depressed, the 4th edition of Apollo Hospitals' flagship Health of Nation Report on World Health Day 2024, said.

Will Rajeev Chandrasekhar Upset Shashi Tharoor?

Will Rajeev Chandrasekhar Upset Shashi Tharoor?

Rediff.com22 Apr 2024

I hope those who underestimate Rajeev Chandrasekhar will be proved wrong in this fight for Thiruvananthapuram's future, notes Rajeev Srinivasan.

Sequoia splits into 3 independent entities, India biz now Peak XV Partners

Sequoia splits into 3 independent entities, India biz now Peak XV Partners

Rediff.com7 Jun 2023

Venture Capital giant Sequoia India & Southeast Asia has rebranded itself to Peak VX Partners. The VC firm will now manage its assets under management (AUM) in the region of over $9.2 billion across 13 funds independently. The rebranding exercise followed Sequoia Capital's break-up into three independent entities across the globe. Besides Sequoia India & Southeast Asia, Sequoia China business has adopted the name HongShan in English (it will

Deepfake issue: Govt to notify tighter IT rules in a week

Deepfake issue: Govt to notify tighter IT rules in a week

Rediff.com16 Jan 2024

The latest ultimatum underlines the hardening of the government's stance on the issue of deepfakes and misinformation powered by AI, after the Centre categorically told platforms to crack down with urgency on doctored and manipulated videos rampantly being circulated on social media.

Microsoft banks on AI to power its India dreams

Microsoft banks on AI to power its India dreams

Rediff.com20 Jun 2018

The solutions developed by the company cover a broad spectrum, including helping recruiter's gauge the behavioural profiles of candidates during virtual job interviews and assisting in real-time translation in vernacular languages, among others.

Microsoft launches AI digital labs in India, to train 1.5 lakh students

Microsoft launches AI digital labs in India, to train 1.5 lakh students

Rediff.com13 Jun 2019

As part of the three-year programme, Microsoft will support select institutions with infrastructure, curriculum and content, access to cloud and Artificial Intelligence (AI) services as well as developer support, the company said in a statement.

10 Job Skills That Will Rule 2024

10 Job Skills That Will Rule 2024

Rediff.com2 Jan 2024

Cultivate a thirst for knowledge, explore online courses, attend workshops and network with peers. Embrace opportunities to learn new skills and stay updated about industry trends to remain relevant and future-proof your career, advises Manu Saigal, director-general, staffing, Adecco India.

India's internet economy likely to reach $1 trillion by 2030: Experts

India's internet economy likely to reach $1 trillion by 2030: Experts

Rediff.com17 May 2024

India's internet economy is estimated to reach $1 trillion by 2030, primarily due to e-commerce, which is expected to be worth $325 billion and rank third globally, according to industry experts. Last year marked a crucial turning point for India's e-commerce sector, with notable changes in consumer trends, technology, and regulations. InGovern Research Services, a leading corporate governance advisory firm, hosted a virtual roundtable to deliberate on the notable developments in India's e-commerce sector in 2023, with a particular focus on the essential role of customer trust in fueling its ongoing expansion.

Passengers threaten to break cockpit door on AI flight

Passengers threaten to break cockpit door on AI flight

Rediff.com4 Jan 2020

"The AI865 flight on Thursday got delayed as it developed a technical snag. It had to return to the bay. Passengers started knocking on the cockpit door, asking and taunting the pilots to come out," said an airline official. "One male passenger even said that he will break open the cockpit door if the pilots didn't come out," the official said, adding the situation inside the plane "went from bad to worse".

Say hello to your new AI dost at work!

Say hello to your new AI dost at work!

Rediff.com29 Apr 2018

The role of AI spans coaching, performance, learning, engagement and career growth.

Italy becomes first EU country to ban ChatGPT, to probe privacy breach

Italy becomes first EU country to ban ChatGPT, to probe privacy breach

Rediff.com1 Apr 2023

With this, Italy becomes the first European country to block the advanced Artificial Intelligence software, which is capable of emulating and elaborate human conversations among other actions.

RBI's balance sheet is 2.5X Pakistan's GDP

RBI's balance sheet is 2.5X Pakistan's GDP

Rediff.com30 May 2024

The size of Reserve Bank's balance sheet increased by 11.08 per cent to Rs 70.47 lakh crore as on March 2024, leading to the highest-ever dividend payout to the government, according to the central bank's annual report. In actual terms, the increase was Rs 7,02,946.97 crore over Rs 63.45 lakh crore as on March 2023.

'We Are Building Products For The World'

'We Are Building Products For The World'

Rediff.com11 Jun 2024

'We want to prove to the world that they will get the best code written from a small place like Wayanad.'

AI: The Coming Threat to Jobs

AI: The Coming Threat to Jobs

Rediff.com24 Aug 2017

'Some experts believe that the only jobs that will escape automation are the ones that involve anticipating the client's need, something that AI cannot do -- not yet anyway,' says Vikram Johri.

If China wants to play spoiler at G20 meet, it's up to them: US

If China wants to play spoiler at G20 meet, it's up to them: US

Rediff.com6 Sep 2023

It is for China to decide what role it plays at the G20 summit in New Delhi, a top US official has said, asserting that if Beijing wants to come in and be a "spoiler", that option is available to it.

'If students can learn asking ChatGPT...'

'If students can learn asking ChatGPT...'

Rediff.com15 Jun 2023

'What can a teacher do that ChatGPT cannot?'

AI Express, AirAsia India move to unified reservation system

AI Express, AirAsia India move to unified reservation system

Rediff.com28 Mar 2023

Air India Express and AirAsia India have moved to a unified reservation system, whereby passengers can make bookings for both airlines through an integrated website. The move is part of the ongoing process of merging AirAsia India with Air India Express. The combined entity will focus on leisure-oriented and price-sensitive markets.

'Foxconn chief is backing Modi's Make-in-India'

'Foxconn chief is backing Modi's Make-in-India'

Rediff.com7 Sep 2023

India will be an important country in terms of manufacturing in future, Young Liu, chairman and CEO of Hon Hai Technology Group (Foxconn) has said, his latest comment adding to a growing chorus of global voices acknowledging the country's bold moves to position itself as electronics and hi-tech production powerhouse. In an interaction with reporters in Taipei, the top honcho of the Taiwanese electronics manufacturing giant said the development of the entire ecosystem and industrial chain, and opportunities for development in India are "very, very huge opportunities". "If there is no big change, India will be a very important country in terms of manufacturing in the future," Liu said.

'Tax Relief For Middle Class Will Boost Markets'

'Tax Relief For Middle Class Will Boost Markets'

Rediff.com1 Jul 2024

'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.' 'Investors may not want to jump into the markets until there is clarity on this front.'

The 58-year-old woman overseeing India's $4.7 trillion equities market

The 58-year-old woman overseeing India's $4.7 trillion equities market

Rediff.com12 Mar 2024

Madhabi Puri Buch, the first female chairperson of Sebi, doesn't plan to rest on her laurels in her third and final year in office and has set out an ambitious goal, such as moving towards a same-day and instantaneous settlement cycle for the secondary market.

Infy in $1.6 bn deal with telco Liberty Global

Infy in $1.6 bn deal with telco Liberty Global

Rediff.com16 Aug 2023

Information technology major Infosys and Liberty Global, a London-based telecom firm, signed a 1.5 billion (about $1.64 billion) deal for five years to evolve and scale up the telco's digital entertainment and connectivity platforms, the companies said in a joint statement on Tuesday. As part of the expanded collaboration agreement, the size of the contract will touch 2.3 billion (about $2.5 billion) if extended to 8 years. The collaboration allows Liberty Global to realise run-rate savings of over 100 million (about $109 million) per annum, inclusive of other savings and technology investments, Infosys said in a statement.

IT stocks log biggest gain in nearly three years as growth worries ebb

IT stocks log biggest gain in nearly three years as growth worries ebb

Rediff.com22 Jul 2023

The gauge for the performance of informational technology (IT) stocks soared nearly 5 per cent-most in nearly three years-as growth worries eased following a robust order book posted by bellwether Tata Consultancy Services (TCS). The Nifty IT index rose 4.5 per cent to close at 30,945. This was the biggest single-day gain since September 14, 2020. Industry titan TCS' shares rose 5 per cent to Rs 3,509.

IBM bets big on India, to open more software development centres

IBM bets big on India, to open more software development centres

Rediff.com19 Nov 2021

US tech giant IBM is betting big on the India growth story and plans to open more software development centres in the country as it looks to partner with the government in its digitisation journey, its chairman and CEO Arvind Krishna said on Friday. On a visit to India, Krishna met Finance Minister Nirmala Sitharaman, Telecom Minister Ashwini Vaishnaw and Minister of State for IT Rajeev Chandrasekhar to discuss deeper collaboration including skilling and workforce development. The firm that originally designed the technology and system behind ATMs, barcodes and the US social security net, is greatly enthused with the speed at which the Indian government is willing to make decisions and where it is moving, he told a select media briefing.

How music label Snafu uses AI to decode if a song will be a hit

How music label Snafu uses AI to decode if a song will be a hit

Rediff.com24 Nov 2021

With a team of 20-odd people, Snafu tries to unearth the rough diamonds from millions of songs. Can AI help look for a needle in a haystack? Ritwik Sharma finds out.

Want a J-K where violence is history, stand by statehood promise: PM

Want a J-K where violence is history, stand by statehood promise: PM

Rediff.com20 May 2024

Prime Minister Narendra Modi has said his government has made a "solemn promise" for restoration of Jammu and Kashmir's statehood and will stand by it, adding the Centre was working very hard to create the right conditions.

Half of top economists expect world economy to weaken in '24

Half of top economists expect world economy to weaken in '24

Rediff.com16 Jan 2024

More than half (56 per cent) of chief economists expect the global economy to weaken in 2024, with most saying the pace of geo-economic fragmentation will accelerate, according to the latest "Chief Economists Outlook" released on Monday at the World Economic Forum (WEF). The report indicates that the global economic prospects remain subdued and uncertain. Challenges include tight financial conditions, geopolitical rifts, and the rapid development of generative artificial intelligence (AI).

Why Prompt Engineers Are In Demand

Why Prompt Engineers Are In Demand

Rediff.com15 May 2023

The job of a prompt engineer does not necessarily require candidates to be trained in "hardcore" computer engineering skills. 'This is one of those rare jobs that opens the sector to the layman.'

'We are confident our H2 will be better than H1'

'We are confident our H2 will be better than H1'

Rediff.com11 Nov 2023

'Our Q1 was almost flat, and there was very negligible growth in Q2, but the deal pipeline and the order book have been fairly significant.'

Assembly Polls: What Google, Meta Are Up To

Assembly Polls: What Google, Meta Are Up To

Rediff.com6 Nov 2023

'There is a huge risk of misinformation and disinformation, and targeted campaigns that could potentially happen against candidates or to push certain narratives.'

IBM's AI push helps Parle, Mother Dairy go digital

IBM's AI push helps Parle, Mother Dairy go digital

Rediff.com14 Sep 2020

The applications range from disaster recovery to predicting demand and understanding customer choices using artificial intelligence.

Modi 3.0 will put its all might to...: PM in Rajya Sabha

Modi 3.0 will put its all might to...: PM in Rajya Sabha

Rediff.com7 Feb 2024

Confident of securing a massive majority in the upcoming Lok Sabha elections, Prime Minister Narendra Modi on Wednesday outlined his vision for his next five-year term saying the Modi 3.0 government will put all its might to strengthen the foundation of 'Viksit Bharat' or a developed nation.

India-US Bonhomie: The China Threat

India-US Bonhomie: The China Threat

Rediff.com30 Jun 2023

The change of heart in the US and India was propelled by the increased threat of China to both countries, explains Ambassador T P Sreenivasan.

Jio developing homegrown 5G telecom solution: Ambani

Jio developing homegrown 5G telecom solution: Ambani

Rediff.com15 Jul 2020

Ambani said, it will be ready for trials as soon as 5G spectrum is available and can be ready for field deployment next year.

'This is definitely not an act done by a sane person'

'This is definitely not an act done by a sane person'

Rediff.com15 Jan 2024

'I feel she has some mental disorder. Or, it was an act of pure revenge.'

Modi strongly condemns civilian deaths in Israel-Hamas war

Modi strongly condemns civilian deaths in Israel-Hamas war

Rediff.com18 Nov 2023

Modi said New Delhi has emphasised on dialogue and diplomacy along with restraint to deal with the situation arising out of the Hamas-Israel conflict.

Startups On Hiring Spree!

Startups On Hiring Spree!

Rediff.com5 Feb 2024

In 2024 so far, 20 startups have already visited the campus with 80 placements.

Semiconductor, deep tech to be in focus at the India Mobile Congress

Semiconductor, deep tech to be in focus at the India Mobile Congress

Rediff.com18 Oct 2023

The three-day India Mobile Congress (IMC) will showcase the widening convergence of telecom with new domains, such as semiconductors and deep tech, P Ramakrishna, the forum's chief executive officer, said on Tuesday. With more than 250 global and domestic exhibitors, the seventh edition is expected to draw more than 100,000 visitors this year, he said. There will also be over 5,000 CXO-level delegates and more than 350 speakers.

Adani to bid for duty-free shops at Macau airport

Adani to bid for duty-free shops at Macau airport

Rediff.com21 Nov 2023

The Adani group plans to bid for setting up duty-free shops at the Macau international airport, as India's largest airport operator spreads its wings overseas. In a stock exchange filing, Adani Enterprises, the flagship firm of the conglomerate run by billionaire Gautam Adani, said it has completed the incorporation of a wholly-owned subsidiary, MTRPL Macau Ltd, in Macau on November 20. The subsidiary has been incorporated for the purpose of getting into the duty-free industry.

Google to set up AI research unit in Bengaluru

Google to set up AI research unit in Bengaluru

Rediff.com19 Sep 2019

Apart from the Google team led by AI scientist Manish Gupta, the company will also partner with the research community across the country to focus on tackling challenges in fields like healthcare, agriculture, and education.