RBI plans to extensively use AI, ML to improve regulatory supervision

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‘Moore’s Law’s dead,’ Nvidia CEO Jensen Huang says in justifying gaming-card price hike

Nvidia Corp. Chief Executive Jensen Huang on Wednesday said he thinks it’s going to be “a pretty terrific Q4 for Ada,” the company’s next-generation chip architecture unveiled this week, even as critics balk of a price hike during a softening in consumer demand. Nvidia NVDA, +0.65% expects high demand for gaming chips using its next-generation … Read more

‘Tech disruptions can boost the efficiency of Indian logistics sector’

Speaking at the International Conference on Machine Vision and Augmented Intelligence early this year, Road Transport and Highways Minister Nitin Gadkari highlighted how India accounts for 5 lakh road accidents every year, which is the highest in the world. As many as 1.5 lakh deaths are said to occur due to these accidents with 3 … Read more

Upstart outlook comes up short, but CEO says he’s ‘confident’ in value of AI lending

Upstart Holdings Inc. delivered a lower-than-expected revenue forecast for the current quarter, but its chief executive expressed confidence in the performance and value of artificial-intelligence-driven lending. Since Upstart UPST, +9.02% offered preliminary second-quarter results a month ago that fell shy of expectations, the key issue headed into the company’s official earnings report was its outlook. … Read more

Artificial intelligence no longer a fringe tech in India: report

Artificial Intelligence (AI) is no longer a fringe technology in India. Although penetration in application is relatively low, the AI market in the country is witnessing a broad-based awareness and adoption among both enterprises and providers, according to a latest report by Bain & Company. Though organisations in India are deploying AI tools and solutions … Read more

Digitisation key to boost cost-efficiency and transparency in the logistics sector

Since the Covid-19 pandemic hit the country, every industry has faced multiple challenges and the blessing in disguise has been the technological adoption. Like all industries, the logistics sector was gradually embracing the tech transformation, but with the onset of Covid, the sector has had a complete digital takeover. These times also gave a few opportunities … Read more

Pandemic helped democratise AI, ML and data science, says Techvantage CEO

New-age technologies such as artificial intelligence (AI) has helped in drug development, track the global spread of the Covid-19 virus and identify control measures, says Deviprasad Thrivikraman, Founder and CEO, Techvantage Systems, a big data company based in Technopark, Thiruvananthapuram. While the pandemic forced the company to switch to the BCP (business continuity plan) mode … Read more

Google to open tech hub in Nairobi as part of Sh115.5bn Africa investment

Technology Google to open tech hub in Nairobi as part of Sh115.5bn Africa investment Wednesday April 20 2022 By ADONIJAH NDEGEMore by this Author Summary The announcement follows last year’s commitment from Google CEO Sundar Pichai that the firm plans to invest Sh115.5 billion as part of its Africa digital transformation programme. Google said that … Read more

Our obsession with robots was a distraction from the real threats facing the U.S. workforce

Our obsession with robots was a distraction from the real threats facing the U.S. workforce | Fortune You need to enable JavaScript to view this site.