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Monsoon rainfall deficit at 6% below normal

by AIP Online Bureau | Sep 26, 2023 | Data, Eco/Invest/Demography, Non-Life

While northwestern India (2 per cent above normal) and central India (normal) received above normal and normal rainfall respectively, South Peninsula (9 per cent below normal) and eastern and northeastern regions (17 per cent below normal) have witnessed deficient...

Tax department notifies ‘Angel Tax’ rules for valuing investments in startups

by AIP Online Bureau | Sep 26, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology

“These changes offer taxpayers a broader range of valuation methods to choose from, including internationally recognized approaches, thereby attracting foreign investments and fostering clarity. Moreover, the notified final rule introduces an additional...
OpenAI CEO says possible to get regulation wrong, but should not fear it

OpenAI CEO says possible to get regulation wrong, but should not fear it

by AIP Online Bureau | Sep 26, 2023 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management

Sam Altman, CEO,ChatGPT “Models that are like 10,000 times the power of GPT4, models that are like as smart as human civilization, whatever, those probably deserve some regulation,” The CEO of ChatGPT maker OpenAI said on Monday that it was possible to get regulation...

Cipla introduces drone-powered critical medicine delivery in Himachal

by AIP Online Bureau | Sep 26, 2023 | Health, Indian News, Technology

The Mumbai-based firm aims to deliver medicines for cardiac, respiratory and other essential chronic therapies as part of the initiative. The use of drones will support on-time deliveries of the company’s medicines to chemists and clinics in remote areas while...

AI, robots and satellite sensors are helping in the fight against wildfires

by AIP Online Bureau | Sep 26, 2023 | Eco/Invest/Demography, Features, Risk Management, Technology

“It’s a huge game changer for the fire service,” says Schneider of the technology created by Pano AI, which acts as a second set of eyes looking out for fires. While AI alone won’t completely ease the burden of wildfire management, it’s one of a growing number of...
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