C3.ai Stock Is Soaring. It’s Launching AI Software Tools.

Text size Thomas M. Siebel, CEO of C3.ai Chris J. Ratcliffe/Bloomberg C3.ai stock is soaring Tuesday after the company announced the launch of a set of tools for generative artificial intelligence applications, jumping into the middle of what might be the hottest trend in the technology segment. Some generative AI tools, most notably the uber-trendy … Read more

Bank of America sees AI transforming the internet over the next five years—top stocks to ride trend

Artificial intelligence will be a catalyst for big tech stocks in the next five years, according to Bank of America. The sector has been beaten down in 2022 thanks to macro factors, including inflation and rising interest rates. The tech-heavy Nasdaq Composite is down 25% this year, compared with the S & P 500 ‘s … Read more

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

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

Lack of uniform ICT jobs standard hurts employment creation

Technology Lack of uniform ICT jobs standard hurts employment creation Friday April 22 2022 Cabinet secretary for labor Simon Chelugui. PHOTO | LUCY WANJIRU | NMG By ELIZABETH KIVUVAMore by this Author Summary Labour Cabinet Secretary Simon Chelugui says the department of Human Resource Planning and Development under the ministry lacks a uniform structure that … Read more