News for 'Artificial Intelligence'

GenAI, climate & fintech, hot bets for investors next year: Accel's Prakash

GenAI, climate & fintech, hot bets for investors next year: Accel's Prakash

Rediff.com4 Dec 2023

Generative artificial intelligence (AI), climate tech and fintech sectors will be the hot areas for venture capitalists and founders in the next year, according to the prediction by Prashanth Prakash, founding partner of the global venture capital firm Accel Partners in India and the chairperson of Karnataka Startup Vision Group. Prakash said that about $25 billion has been invested into building Gen AI globally. But a lot of that capital has not yet come to India, opening up huge opportunities for startups in the country.

'Tata, Mahindra Will Not Allow Tesla to Dominate'

'Tata, Mahindra Will Not Allow Tesla to Dominate'

Rediff.com28 Feb 2025

'Every Indian should move to an EV, and the government should not buy any fossil fuel cars. The government should become the first driver of EV adoption.'

AI-driven, deepfake-enabled cyberattacks to rise in 2025

AI-driven, deepfake-enabled cyberattacks to rise in 2025

Rediff.com4 Dec 2024

AI-driven and deepfake-enabled cyberattacks are anticipated to become increasingly prevalent in 2025 with sectors like healthcare and finance most prone targets, according to a recent report. The India Cyber Threat Report 2025 by the Data Security Council of India (DSCI) and Seqrite, spotlighted the evolving tactics of cybercriminals and the rise of AI-driven attacks as a major concern. "Artificial Intelligence (AI) will be used to develop highly sophisticated phishing campaigns utilising deepfake technology and personalised attack vectors, making them harder to detect.

'India Has Maths Talent To Lead AI Research'

'India Has Maths Talent To Lead AI Research'

Rediff.com9 Jan 2025

'India has the maths talent, academic institutions, and research institutions to do the next big thing.'

'Investments Of Over Rs 4 Trillion To Create 100,000 Jobs'

'Investments Of Over Rs 4 Trillion To Create 100,000 Jobs'

Rediff.com24 Feb 2025

'The size of the investments is important, but equally crucial is the number of jobs that these proposals create.'

Slow margin recovery likely to remain a headwind for LTIMindtree

Slow margin recovery likely to remain a headwind for LTIMindtree

Rediff.com26 Jan 2025

LTIMindtree's (LTIM's) December quarter revenue, at $1.139 billion, was up 1.8 per cent quarter-on-quarter (Q-o-Q) (5.6 per cent year-on-year or Y-o-Y) in constant currency (CC) terms, marginally ahead of expectations.

Fighting digital fraud: From KYC processes to advanced authentication

Fighting digital fraud: From KYC processes to advanced authentication

Rediff.com10 Feb 2025

In today's rapidly evolving digital payment landscape, security concerns remain a top priority for stakeholders across sectors.

Twist in OpenAI saga, Sam Altman to return as CEO

Twist in OpenAI saga, Sam Altman to return as CEO

Rediff.com22 Nov 2023

Altman said he was "looking forward" to returning to his previous role at the AI firm.

Pick The Right Career After Class 12

Pick The Right Career After Class 12

Rediff.com23 May 2024

Considering factors like job prospects, growth potential and industry trends can provide valuable insights into selecting a suitable career path, suggests rediffGURU Rohit Gupta.

Street Signs: F&O seismic shift, IPO fervour going strong, and more

Street Signs: F&O seismic shift, IPO fervour going strong, and more

Rediff.com9 Sep 2024

With new eligibility criteria for futures and options (F&O) coming into effect, Jio Financial Services and Zomato are strong contenders for inclusion in the derivatives segment, according to an analysis by Nuvama Alternative & Quantitative Research. The report suggests that these new F&O inclusions could also propel these two companies into the benchmark National Stock Exchange Nifty 50 during the March rebalancing.

Trump's Latest Comment Gives IT Cos Hope

Trump's Latest Comment Gives IT Cos Hope

Rediff.com23 Jan 2025

'Skilled labour is different from immigration.' 'While any adverse immigration ruling will impact Indians, it may not necessarily affect the IT services industry.'

Jackie Shroff moves HC against illegal use of his name by many entities

Jackie Shroff moves HC against illegal use of his name by many entities

Rediff.com14 May 2024

Counsel appearing for the actor objected to the "misuse" of his personality and publicity rights through sale of merchandise, ringtones, wallpapers as well as "insulting" memes and GIFs and the use of artificial intelligence.

Why 64% MTech Seats Are Vacant in Indian Colleges

Why 64% MTech Seats Are Vacant in Indian Colleges

Rediff.com23 Jan 2025

The growing decline of MTech applicants in Indian colleges is due to multiple factors, including outdated curricula, poor return on investment and lucrative non-engineering alternatives, say experts.

'To tamper with Didi's voice is unthinkable'

'To tamper with Didi's voice is unthinkable'

Rediff.com6 Feb 2024

'Didi would always say, 'Why would these young talented singers want to do my songs? Originality has very long legs.' I wonder what she would have to say about this new technology that threatens to tamper with the voices of the singing greats.'

Italian PM Giorgia Meloni greets leaders with 'namaste' at G7 Summit

Italian PM Giorgia Meloni greets leaders with 'namaste' at G7 Summit

Rediff.com14 Jun 2024

Meanwhile, Prime Minister Narendra Modi arrived in Apulia to attend the Outreach session of the G7 Summit and hold bilateral talks on a wide range of issues with world leaders on Friday.

Gen AI Governance Is A Global Challenge

Gen AI Governance Is A Global Challenge

Rediff.com14 Nov 2023

What all global leaders need to understand is that no Generative AI regulation will work unless they start with the basics, which is data collection, asserts Prosenjit Datta.

Days after 'will go to war' vow, Musk says H-1B visa system 'broken'

Days after 'will go to war' vow, Musk says H-1B visa system 'broken'

Rediff.com31 Dec 2024

Elon Musk, who has previously vowed to "go to war" to defend the H-1B visa program, has reignited debate surrounding the program by labeling it "broken" and in urgent need of "major reform." Musk, along with Indian-American tech entrepreneur Vivek Ramaswamy, has been tapped by Trump to lead his Department of Government Efficiency (DOGE). While Musk acknowledges the need for foreign workers in the tech industry, he believes the current H-1B system needs significant changes, including raising the minimum salary and adding a yearly cost for maintaining the visa. The H-1B visa, which allows US companies to employ foreign workers in specialty occupations, has been a subject of debate for years. The tech industry advocates for more H-1B visas to attract highly skilled workers, while some argue that it allows businesses to replace Americans with lower-paid foreign workers.

Employees, Know What Silent Firing Is?

Employees, Know What Silent Firing Is?

Rediff.com31 Dec 2024

68 per cent of employees have experienced undue pressure from management, often citing AI and technology as benchmarks for performance, leading to workplace tension.

AI tool MuleHunter to tackle financial fraud

AI tool MuleHunter to tackle financial fraud

Rediff.com9 Dec 2024

Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday said the central bank has developed an innovative artificial intelligence and machine learning (AI/ML) based model MuleHunter.ai to address the growing issue of mule bank accounts that are often used for committing financial fraud. Developed by the Reserve Bank Innovation Hub, the new initiative is piloted with two public sector banks.

Defence exports cross record Rs 21K cr over a decade: Rajnath Singh

Defence exports cross record Rs 21K cr over a decade: Rajnath Singh

Rediff.com30 Dec 2024

Defence Minister Rajnath Singh announced that India's defence exports have crossed a record Rs 21,000 crore, a significant jump from Rs 2,000 crore a decade ago. He set a target of achieving defence exports of Rs 50,000 crore by 2029. Singh highlighted the importance of mastering frontier technologies in the face of evolving warfare, emphasizing the role of military training centers in preparing soldiers for future challenges. He also underscored the government's commitment to strengthening integration and jointness among the three services, aiming to enhance the armed forces' ability to face challenges together.

Entrepreneurs, $20 Bn Is Waiting For You

Entrepreneurs, $20 Bn Is Waiting For You

Rediff.com22 Dec 2023

'In the next 15-20 years, India will have at least 50 new (AI-driven) billion-dollar companies that are going to solve problems for the largest companies around the world.'

Reliance Has Filed 3,000 Plus Patents

Reliance Has Filed 3,000 Plus Patents

Rediff.com25 Oct 2024

Reliance has filed patents not only in India but also in the US, Canada, Europe, Estonia, South Korea, and South America. The patents include narrowband Internet of Things, AI large language models, AI DeepLearning, Big Data, devices, and quantum AI in 6G.

Scientists who decoded protein structures win Chemistry Nobel

Scientists who decoded protein structures win Chemistry Nobel

Rediff.com9 Oct 2024

The 2024 Nobel Prize in Chemistry has been awarded to David Baker, Demis Hassabis, and John M Jumper, the Royal Swedish Academy of Sciences announced on Wednesday.

AI/data science roles to dominate job market in 2025

AI/data science roles to dominate job market in 2025

Rediff.com24 Dec 2024

Indian IT hiring landscape is at a pivotal juncture as it transitions from a year of decline towards a more hopeful future. The focus on specialised skills, particularly in AI and data science, combined with geographical shifts towards Tier 2 cities, indicates a transformation within the sector.

LIC eyes less than 50% stake in standalone health insurance company

LIC eyes less than 50% stake in standalone health insurance company

Rediff.com4 Oct 2024

State-owned Life Insurance Corporation (LIC) is not keen on a composite license but it is looking to buy less than 50 per cent stake in a standalone health insurance company to enter the health insurance segment such that they have a say in the management of the company, without having to run the company, sources in the know said. "LIC doesn't need a composite licence. "Even if it is introduced, they will not opt for it.

Forget about AI, talk only about...: Owaisi amid Ajmer Sharif row

Forget about AI, talk only about...: Owaisi amid Ajmer Sharif row

Rediff.com2 Dec 2024

Owaisi criticized the court-ordered survey of a Mughal-era mosque in Sambhal, Uttar Pradesh, saying it weakens India and distracts from real issues like inflation and unemployment.

Never faced political pressure from powers that be: CJI Chandrachud

Never faced political pressure from powers that be: CJI Chandrachud

Rediff.com5 Jun 2024

"We live lives which are relatively isolated from the political arm of the government -- but obviously judges have to be conversant with the impact of their decisions on the polity at large. That's not political pressure but an understanding by the court of the likely impact of a decision," CJI Chandrachud said in his address at the Oxford Union.

Why Trump Wants All Wars To End

Why Trump Wants All Wars To End

Rediff.com13 Mar 2025

The US involvement in Ukraine and the Middle East is a distraction which has to end quickly so that the main business of China can be focussed on. China is America's only peer competitor, not Russia and not anybody else. Therefore it makes little sense to be diverted from the overall mission, explains Aakar Patel.

Philippines Seeks India's Help Against China's Threat

Philippines Seeks India's Help Against China's Threat

Rediff.com5 Apr 2025

The Squad seeks to counter China's power assertions in the South China Sea region.

World Bank president Ajay Banga in TIME's 100 most influential people list

World Bank president Ajay Banga in TIME's 100 most influential people list

Rediff.com17 Apr 2024

World Bank president Ajay Banga is among the Indians who have made it to the prestigious Times's list of 100 most influential people in the world released on Wednesday. Time's profile of the former Mastercard CEO, written by US Treasury Secretary Janet Yellen, said, "It's not easy to find a leader with the skill and drive to take on the monumental task of transforming an essential institution, but since becoming World Bank president last June, Ajay Banga has done just that." She said Banga comes to the World Bank after leading a global organisation through which he brought millions of unbanked people into the digital economy.

India, Qatar to double trade in next 5 yrs; discuss Israel-Hamas issue

India, Qatar to double trade in next 5 yrs; discuss Israel-Hamas issue

Rediff.com19 Feb 2025

India and Qatar on Tuesday agreed to elevate their relationship to a strategic partnership and double bilateral trade to USD 28 billion over the next five years. Prime Minister Narendra Modi and Qatari Amir Sheikh Tamim Bin Hamad Al-Thani signed agreements and MoUs to strengthen economic cooperation, including a revised double taxation avoidance agreement. The strategic partnership will cover the "entire spectrum" of the bilateral relationship, including trade, energy security, and regional and international cooperation. Both leaders also discussed ways to further strengthen and broaden the energy partnership, including "exploring mutual investments." The Amir's visit provided an "excellent opportunity" for the top leadership of the two countries to discuss and "cement a strategic partnership for enhanced future cooperation."

GenAI New Fuel For Cyber Threats

GenAI New Fuel For Cyber Threats

Rediff.com23 Apr 2024

India is among countries at the highest risk from cyber vulnerabilities caused by a new generation of GenAI technologies.

Aamir files FIR over fake video showing him endorse political party

Aamir files FIR over fake video showing him endorse political party

Rediff.com16 Apr 2024

Aamir Khan has never endorsed any political party in his 35-year career and the viral video of the Bollywood superstar is "fake" and alarming, his spokesperson said on Tuesday.

MTech Grads, How You Can Get Govt Jobs

MTech Grads, How You Can Get Govt Jobs

Rediff.com6 Jan 2025

rediffGURU Aasif Ahmed Khan counsels students on the best career options in tech and engineering.

Indians Dominate TIME 100 AI Titans List

Indians Dominate TIME 100 AI Titans List

Rediff.com23 Sep 2024

The TIME 100 AI list is an interesting assortment of titans. Indians make up about 20 per cent of the coveted list, which is pretty commendable, notes Sandeep Goyal.

Check Out IIT Bombay Job Offers!

Check Out IIT Bombay Job Offers!

Rediff.com3 Sep 2024

The overall average package offered during IIT Bombay placements 2023-2024 stood at Rs 23.5 LPA. 22 students accepted offers with annual packages exceeding Rs 1 crore.

Goyal's Comment Sparks Startup Uproar

Goyal's Comment Sparks Startup Uproar

Rediff.com5 Apr 2025

'The startup ecosystem, the government, and the owners of large pools of Indian capital need to actively support the creation of these local champions, not pull down the teams that are trying hard to get there.'

5% Reduction in Tax Can Stimulate Spending

5% Reduction in Tax Can Stimulate Spending

Rediff.com31 Jan 2025

While this will incur a revenue loss amounting to 0.2 per cent of GDP, it will provide a strong boost to consumer sentiment and spending, points out Rajani Sinha.

Trump 2.0: Tough Navigation Lies Ahead For India

Trump 2.0: Tough Navigation Lies Ahead For India

Rediff.com12 Feb 2025

'As the global economy undergoes significant transformations in 2025, India's ability to navigate the complexities of trade wars, financial realignments, and emerging blocs will be pivotal,' explain Harsh V Pant and Soumya Bhowmik.

Carlsen warns of pressure for Gukesh: 'First World Championship will be a test'

Carlsen warns of pressure for Gukesh: 'First World Championship will be a test'

Rediff.com15 Nov 2024

Magnus Carlsen of Norway feels that on current form Indian star D Gukesh is the favourite to win the World Chess Championship