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January 16, 2025 3:38 PM

India set to become ‘GCC Capital of the World’

India is poised to become the ‘GCC Capital of the World,’ with 1,700 global capability centres (GCCs) employing over two million people — a figure expected to grow significantly by 2030, the government announced on Thursday. GCCs are at the forefront of adopting emerging technologies, including artificial intelligence, data analytics, robotic process automation, digital commerce, cybersecurity, blockchain, augmented reality, and virtual reality. Union Minister of Labour and Employment Dr...

December 26, 2024 12:59 PM

AI can help identify and manage atopic dermatitis: report

Artificial Intelligence (AI) is emerging as a valuable tool in the diagnosis and management of atopic dermatitis, a chronic skin condition. AI can enable more accurate, early, and standardized identification, optimizing patient outcomes, according to a report released on Thursday. Atopic dermatitis is a complex disease with a range of clinical manifestations and symptoms. In severe cases, it is associated with sleep disturbances due to pruritic rashes that appear on the skin during flare-ups, a...

December 11, 2024 8:18 PM

8.6 lakh candidates enrolled in ‘IndiaAI Future Skills’ initiative: IT Minister

Union Minister for Electronics and Information Technology Ashwini Vaishnaw has announced that 8.6 lakh candidates have enrolled in the IndiaAI Future Skills platform, a program aimed at democratizing Artificial Intelligence (AI) education and skilling. The IndiaAI Mission, built on seven foundational pillars, seeks to make AI technology accessible to all, fostering inclusivity and innovation. Vaishnaw underscored the transformative potential of this mission in democratizing AI and its applicati...

December 2, 2024 1:25 PM

Samsung’s chip dominance faces new challenges amid AI-driven competition

Samsung Electronics, a pioneer in the semiconductor industry, is facing significant challenges as the global memory market shifts toward artificial intelligence (AI)-focused technologies. The company's three-decade reign as the world's leading memory chipmaker is under pressure, largely due to its slower response to the growing demand for high bandwidth memory (HBM), a critical component in AI accelerators, reports Yonhap news agency. The tech giant entered the semiconductor business in Decemb...

November 28, 2024 3:03 PM

SoftBank’s Masayoshi sees India as future AI chip capital

SoftBank Founder and CEO Masayoshi Son has expressed confidence in India’s potential to emerge as the global hub for AI chip manufacturing. Speaking during a meeting with leading Indian startup founders in New Delhi, Son underlined his commitment to investing heavily in artificial intelligence (AI) in the country. This visit marks Son’s first trip to India in two years. While reports suggest he met Prime Minister Narendra Modi during his visit, there has been no official confirmation of the...

November 22, 2024 3:39 PM

India among top 10 countries with AI readiness: report

India is among the top ten countries in Artificial Intelligence (AI) readiness, and the country holds immense potential for public sector transformation through AI, according to a report. "Readiness" for AI refers to an economy’s ability to effectively implement and integrate AI. The report by Boston Consulting Group (BCG) based on data from 73 economies showed that India ranks second globally in AI specialists, and third in research publications, with a strong base in AI-related patents. On...

November 20, 2024 10:06 AM

Prime Minister Modi offers to share with world India’s expertise on using Digital tech, AI

Prime Minister Narendra Modi has offered to share with the world India’s expertise in using the power of digital technology and artificial intelligence to improve the lives of people. Speaking on Tuesday at an event organised by India at the G20 Summit on Digital Public Infrastructure (DPI), Artificial Intelligence(AI), and Data for Governance (DfG), he said, “We will continue the focus on the transformative potential of DPI, AI and data-driven governance to advance the SDGs and enhance live...

November 16, 2024 4:29 PM

AI can boost early diagnosis of liver disease: Study

Artificial Intelligence (AI) can accurately detect early-stage metabolic-associated steatotic liver disease (MASLD) by using electronic health records, a study found on Saturday. MASLD -- the world’s most common chronic liver disease with a heavy clinical burden -- occurs when fat isn’t managed properly in the liver. The global prevalence of MASLD has been increasing in recent years. It is often associated with other common conditions such as obesity, Type-2 diabetes, and abnormal choleste...

October 25, 2024 3:06 PM

“Correct time to get involved in India’s growth story”: PM Modi at Asia-Pacific Conference

Prime Minister Narendra Modi highlighted India's dynamic growth during his address at the 18th Asia-Pacific Conference of German Business 2024 in New Delhi, encouraging global businesses to join India’s economic journey. "Now is the right time to engage in India's growth story," he said. PM Modi emphasized the potential for a strong partnership between India and Germany, saying, "When India's dynamism meets Germany's precision, when Germany's engineering meets India's innovation, and when Ger...

October 16, 2024 5:14 PM

Dharmendra Pradhan announces three AI centres of excellence for healthcare, agriculture, and sustainable cities

Union Education Minister Dharmendra Pradhan on Tuesday announced the launch of three Artificial Intelligence (AI) Centres of Excellence (CoEs) aimed at advancing research and innovation in healthcare, agriculture, and sustainable cities. The initiative, with a total financial outlay of ₹990 crore, will be implemented over five years, from FY 2023-24 to FY 2027-28. The AI-CoEs will be established through collaborations between top academic institutions, industry partners, and startups, as part...

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Last Updated: 1st Feb 2025