The Data Centre sector in Asia is experiencing unprecedented...
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Data Centers: AI and cloud computing drive global construction boom
According to market research, up to $7 trillion will be spent on...
AIC bags Asian Insurance Award as a tech pioneer
Mini George, executive director, AIC, is receiving 29th Asia...
China targets Nvidia with antitrust probe, escalates US chip tensions
The statement from the State Administration for Market Regulation announcing the probe did not elaborate on how the U.S. company, known for its artificial intelligence and gaming chips, might have violated China's anti-monopoly laws BEIJING: China said on Monday it...
GM to retreat from robotaxis and stop funding its Cruise autonomous vehicle unit
GM on Tuesday said it would get out of robotaxis “given the considerable time and resources that would be needed to scale the business, along with an increasingly competitive robotaxi market” Detroit: General Motors has said it will retreat from the robotaxi business...
Star Health takes steps after data breach: MD
"In a world, where there is so much inter-connectivity, when you have so many connections with different stakeholders, agents, hospitals, insurance companies, you have to be on your guard. We found that if any vulnerability is there, these hackers are able to identify...
Economic threats continue to overshadow climate and cyber risks
Extreme weather events featured in the G20’s top five risks, as the fifth biggest risk. This follows a year in which many G20 countries – including Brazil, Germany, Indonesia and the U.S. – experienced severe flooding, above-average rainfall, wildfires, extreme heat...
India beats China in green investments; deals worth $2.4 bn completed in Q3
More than a dozen renewables and electric vehicle firms have publicly listed this year, including solar panel producer Waaree Energies Ltd. and scooter manufacturer Ola Electric Mobility Ltd. Shares in clean power firm NTPC Green Energy Ltd. have advanced more than 30...
Consumer affairs ministry to issue guidelines to curb pesky calls, messages
"The Department of Consumer Affairs had started working on prevention of pesky calls, and we had to engage with all the stakeholders in this," Consumer Affairs Secretary Nidhi Khare said. New Delhi: Consumer Affairs Secretary Nidhi Khare on Friday said the department...
CSC e-Governance Services, CAIT partner for last-mile empowerment of citizens
The partnership seeks to empower traders and citizens across the country by facilitating their registration under various social security schemes, including National Pension System (NPS); Pradhan Mantri Shram Yogi Maan-Dhan Yojana; Atal Pension Yojana; Pradhan Mantri...
RBI setting up expert committee for ethical use of AI in financial sector
In a bid to ensure “Zero Financial Frauds” RBI has initiated AI / ML based model called MuleHunter being piloted by Reserve Bank Innovation Hub (RBIH), a subsidiary of Reserve Bank Mumbai: Unveiling Framework for Responsible and Ethical Enablement of Artificial...
ByteDance asks intern in AI breach case to pay $1.1 million damages
The case has drawn attention due to its focus on AI LLM training, a technology that has captured global interest amid rapid technological advances in so-called generative AI, used to produce text, images or other output from large bodies of data. China’s ByteDance is...
Slain UnitedHealth CEO puts new focus on CEO safety policy
No UnitedHealth executive receives benefits specifically related to personal security or protection, according to the firm’s 2024 and 2023 proxy statements. That’s in contrast to companies like Meta Platforms Inc. and Alphabet Inc., which have allocated millions of...