Catrin Hinkel, CEO Microsoft Switzerland, said, "By integrating...
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Bandhan Life launches its new branding
The insurer will add 1,000 new members to its team in its immediate...
Global property insurers see ‘alarming’ losses as risk models lag, report says
"Accurate risk prediction and pricing are becoming increasingly...
Digital transaction volumes up 51% in 2018-19 to 3,133.5 crore, says Ravi Shankar Prasad
“While the volume of transactions on BHIM app has increased during the same period, its share as a percent of all transactions on BHIM UPI platform has come down due to overall growth in the digital payment transactions, emergence and growth of new payment service providers like Paytm, PhonePe, Google Tez, etc,” the minister said.
Financial world’s blockchain euphoria gives way to pragmatism as projects stall
The euphoria that surrounded the early days of Wall Street’s interest in blockchain is giving way to pragmatism, as companies realize that it will likely take years before it takes off in a substantial way.
Indo-UK partnership to focus on insurance,fintech, green finance and infrastructure investment
As the most recent budget announced by the new Indian Finance Minister shows, there’s a lot of opportunity for collaboration. Whether it is developments in the insurance sector, raising capital from external markets or infrastructure expertise – the City is well placed to help, he said.
Indian IT managers facing budget crunch for cybersecurity
“Staying on top of where threats are coming from takes dedicated expertise, but IT managers often have a hard time finding the right talent or don’t have a proper security system in place that allows them to respond quickly and efficiently to attacks,” Chester Wisniewski, principal research scientist, Sophos, said in a statement.
A Ford-Volkswagen alliance with Argo could redraw self-driving sector
A Ford-VW collaboration with Argo, the Pittsburgh-based start-up that has spearheaded Ford’s self-driving development since 2017, could help reduce the engineering and financial burdens on each automaker. It could also accelerate the deployment timetables of both, which have said they plan to put autonomous vehicles into operation in 2021.
Health Ministry to use Artificial Intelligence in safe way in public health
Vardhan said few of the initiatives undertaken by the central government to use AI in public health are: Imaging Biobank for Cancer for which the NITI Aayog with Department of Bio-Technology (DBT) aims to build database of cancer related radiology and pathology images of more than 20,000 profiles of cancer patients with focus on major cancers prevalent in India.
Adani’s new ‘big money maker’ plan: Selling data services to Amazon, Google
India’s government is weighing a new law that would require data to be stored locally, and his conglomerate Adani Enterprises Ltd. has said it expects to invest Rs 700 billion ($10.2 billion) to build data parks in a southern state over the next two decades.
Govt defines child pornography, brings digital or computer generated content under WCD Ministry
The initiative to define child pornography has been taken by WCD Minister Smriti Irani to convey the message that from now there will be zero tolerance for child pornography and for that reason definition of child pornography was essential, the ministry spokesperson said.
Volvo’s autonomous trucking offer bundles pilots, insurance, services
Driverless transportation has been hailed as a transformative revenue opportunity, with the Boston Consulting Group expecting connected high-tech vehicles to generate about $150 billion of new profits for the auto sector by 2035.But regulatory, technological and infrastructure roadblocks stand in the way of deploying fully autonomous vehicles on public roads and the journey is proving long and costly.
Beware the hype around AI. It has fooled many
A similar tale can be told of each of AI’s dozen diverse areas. One is the area of multi-agent systems, which focuses on designing the interaction between autonomous software agents such as self-driving cars. Another is automated planning. Yet another is machine learning, which many mistakenly view as being synonymous with AI. The staples of each area don’t quite jibe even with Minsky’s loose definition.