Workflow automation platform Nanonets raises $29 million in Sequence B spherical 

Nanonets, an AI-based workflow automation platform, raised $29 million in a Sequence B funding spherical led by Accel. The funding spherical additionally noticed participation from present buyers Elevation Capital, YCombinator and others. This takes the entire funding raised until date to $40 million. During the last 2 years, Nanonets has seen development in its buyer … Read more

Adani, Qualcomm CEO focus on India’s potential in AI, semiconductors

Chip large Qualcomm chief government Cristiano R Amon and billionaire Gautam Adani on Monday mentioned position of AI, semiconductors and edge home equipment throughout markets within the quick altering world know-how house. The 2 leaders met in Mumbai on Monday morning to debate India’s potential round semiconductors, AI and mobility, in response to a social … Read more

GenAI penetration rising at 3X the tempo of SaaS development

The evolution from SaaS (software-as-a-service) to Synthetic Intelligence-enabled SaaS is at present underway and is including nearly $60 billion internet new TAM (complete addressable market) to the sector, trade executives mentioned on Thursday at ‘SaaSBoomi 2024’, a two-day occasion organised by software program merchandise group SaaSBoomi to facilitate VC conferences and host discussions round constructing world … Read more

OpenAI’s Sam Altman returns to Board after probe clears him

OpenAI Chief Government Officer Sam Altman was cleared of any wrongdoing that might have mandated being fired from the corporate late final 12 months, in line with a report primarily based on a monthslong investigation into the occasions main as much as his temporary ouster. WilmerHale, the legislation agency that performed the inquiry, discovered that … Read more

DST, T-Hub launch AI-ML hub in Hyderabad

The Division of Science and Know-how (DST), which works underneath the Union Ministry of Science and Know-how, and start-up ecosystem enabler T-Hub have joined palms to to arrange a Machine Studying and Synthetic Intelligence Know-how Hub (MATH). The hub will work to foster AI innovation, create job alternatives, and supply a conducive ecosystem for AI … Read more

Kerala unveils first AI instructor in a faculty

“What’s the costliest factor on the planet,” was a query requested by a pupil from the KTCT Increased Secondary College in Kallambalam right here loudly, at the same time as a humanoid draped in a saree listened attentively. A necklace on the humanoid modified color from inexperienced to orange, and it shook its head earlier … Read more

Efficient use of know-how will create starvation for expertise: WEF MD

In contrast to widespread notion, the usage of know-how and synthetic intelligence won’t end in lesser demand for manpower, Jeremy Jurgens, Managing Director, World Financial Discussion board, mentioned. Jurgens, who was lately in India for the Bio Asia 2024, in a fast chat with businessline mentioned, “Use of know-how will see starvation for expertise.” Additionally … Read more

Wipro bets on AR & AI expertise, companions with mirrAR

IT agency Wipro is betting large on AR and AI expertise and has joined forces with mirrAR , a AR and AI expertise platform for better personalisation, elevated in-journey commerce and comfort. mirrAR is an immersive attempt earlier than purchase answer for luxurious retailers, offering customers with the chance to make extra considerate purchases, submit … Read more

Generative AI—buzz or bust? – The Hindu BusinessLine

Synthetic intelligence (AI) appears to be the large buzzword of 2024, be it smartphones, laptops, and even enterprise tech. No surprise then that it was entrance and ahead on the unveiling of MWC 2024 in Barcelona. businessline attended an unique dialogue on whether or not the excitement round generative AI is justified or whether or … Read more

SEBI set to unveil cybersecurity and resilience framework for capital markets

Capital markets regulator SEBI is engaged on a Cybersecurity and Resilience Framework that it intends rolling out as soon as trade suggestions is acquired, Kamlesh Varshney, Complete-Time Member, stated on Saturday. Additionally learn: SEBI chief launches CDSL’s multi-lingual initiatives “SEBI has ready cybersecurity framework. It’s prepared and already given to the Trade Requirements Discussion board … Read more