Asia-Pacific consumers to spend $32 billion on programmatic shopping via AI by 2028
New Delhi, Jan 26 (IANS) Consumers in the Asia-Pacific region are expected to spend $32 billion via AI agents that run independently on their smartphones to programmatically shop for goods, services and considered purchases, according to a new report. AI has an integral role to provide highly-personalised experiences for customers to help the region’s businesses […]
AI can add $4.4 trillion to global economy, but digital divide must be removed: WEF report
Davos, Jan 21 (IANS) While Artificial Intelligence (AI ) could add $2.6 trillion to $4.4 trillion to the global economy annually, there is also a need to pay attention to the careers, lives and communities it will disrupt — including those who have already been left out of the global digital economy, according to a […]
AI to help SEBI process 1,000 IPOs in next 2 years: Madhabi Puri Buch
Mumbai, Jan 21 (IANS) With the possibility of handling up to 1,000 initial public offerings (IPOs) in the next two years, the Securities and Exchange Board of India (SEBI) is adopting artificial intelligence (AI) to make the process of reviewing IPO documents in a faster and more efficient way, its Chairperson Madhabi Puri Buch said […]
Sharing AI’s benefits equitably remains major challenge globally: WEF
Davos, Jan 21 (IANS) While artificial intelligence (AI) has the power to reshape economies and societies, ensuring that its benefits are shared equitably remains a major challenge globally, the World Economic Forum (WEF) said on Tuesday. The Forum released a report, titled ‘Blueprint for Intelligent Economies’ and developed in collaboration with KPMG, at the ongoing […]
LinkedIn rolls out new AI feature for job seekers and recruiters
New Delhi, Jan 16 (IANS) LinkedIn on Thursday rolled out a new artificial intelligence-(AI) based feature that can help both employment seekers find the right job and recruiters to get the apt talent. The new LinkedIn feature will help job seekers understand how their skills and experience line up with open positions. “With one click, […]
80 pc of Indian companies find AI a core strategic priority: Report
New Delhi, Jan 15 (IANS) India has positioned itself as a leader in artificial intelligence (AI) adoption, with 80 per cent of companies identifying AI as a core strategic priority — well above the global average of 75 per cent, according to a report on Wednesday. About 69 per cent of Indian companies plan to […]
New AI method to pick up arthritis, lupus early in high-risk patients
New Delhi, Jan 8 (IANS) Artificial intelligence (AI) can significantly aid in early detection of autoimmune diseases, like rheumatoid arthritis and lupus especially in high-risk patients, leading to better outcomes, finds a study. In people with autoimmune diseases, the immune system mistakenly attacks their body’s healthy cells and tissues. Some well-known diseases include type 1 […]
AI to bring new urgency to reinvention, become personal brand ambassador: Report
New Delhi, Jan 7 (IANS) As artificial intelligence (AI) diffusion accelerates across enterprises and society at a rate that is faster than any prior technology, 69 per cent of executives, including in India, believe it brings new urgency to reinvention and how technology systems and the processes it enables are designed, built and operated, a […]
Satya Nadella announces $3 billion investment to boost AI, cloud infrastructure in India
Bengaluru, Jan 7 (IANS) As India embarks on its artificial intelligence (AI) journey, Microsoft Chairman and CEO, Satya Nadella, on Tuesday announced $3 billion investment in the country for cloud and AI infrastructure over the next two years. This investment aims to accelerate AI innovation in the country, which is pivotal for achieving Prime Minister […]
