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Source: Live Mint Some enterprises remain sceptical about the returns on artificial intelligence (AI) deployment. However, a recent report from Bain & Company has cited encouraging gains. Mint explains the state of GenAI adoption among companies today. Is GenAI moving beyond experiments? The early movers are going beyond proof of concept (PoC) and trials to…
Source: Live Mint India’s Minister of External Affairs, S. Jaishankar, at the third Kautilya Economic Conclave, Delhi, said that artificial intelligence, along with factors like demographics and connectivity, will change the global order, according to mutiple media reports. “Demographic, connectivity and AI will change the global order,” said the external affairs minister at the economic…
Source: Live Mint Microsoft Corp. Inc. wants to partner with the Indian government and other stakeholders as co-pilots to accelerate AI adoption, said Sundar Srinivasan, vice-president of AI & search, Microsoft India Development Centre, during a panel discussion at the Mint India@2047 Summit on Friday. “India has a unique asset in terms of, I…
Source: Business Standard 2 min read Last Updated : Oct 04 2024 | 10:23 AM IST R Systems share price, R Systems block deal today: R Systems International share price surged 8 per cent to Rs 506.50 on the BSE in Friday’s trade after over 10 million equity shares of the IT enabled services…
Source: Live Mint Facebook owner Meta on Friday unveiled a new AI model called Movie Gen that can produce realistic-looking videos using only text prompts. Meta’s announcement comes almost 6 months after OpenAI took the AI industry by storm by unveiling its text-to-video generator, Sora. Movie Gen can also generate background music and sound effects…
Source: Live Mint The fund house is betting big on exchange traded funds (ETF) and believes it has the strongest back-end to be the best in this space. In an interview with Mint, Swarup Mohanty, vice chairman & CEO, Mirae Asset Investment Managers (India) discussed upcoming RBI policy, GDP growth, changing risk profile of investors,…
Source: Live Mint The motor insurance industry is undergoing a transformation driven by rapid technological advancements, evolving consumer expectations, and the global shift toward sustainability. With the rise of electric vehicles, AI-powered claims processing and shared mobility, these emerging trends are reshaping the landscape of motor insurance. As the industry adapts to these changes, insurers…
Source: Live Mint A recent report from Elastic, a Search Analytics firm, indicates that 81 per cent of Indian organizations have adopted Generative AI (GenAI), positioning India as a leader in this technological domain. The study anticipates an increase in investments and budget allocations for AI initiatives in the coming years. Reportedly, IT service providers…
Source: Live Mint When historians in future centuries compile the complete annals of humankind, their output will be divided into two tomes. The first will cover the hundreds of thousands of years during which humans have been earth’s highest form of intelligence. It will recount how souped-up apes came up with stone tools, writing, sliced…
Source: Live Mint The Dartmouth meeting did not mark the beginning of scientific inquiry into machines which could think like people. Alan Turing, for whom the Turing prize is named, wondered about it; so did John von Neumann, an inspiration to McCarthy. By 1956 there were already a number of approaches to the issue; historians…
