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Assessing AI: 73% of enterprises have launched AI, 52% of deployments achieving business value, Infosys Survey

by AIP Online Bureau | Nov 13, 2024 | Data, Eco/Invest/Demography, Risk Management, Technology

Sumit Virmani, EVP and Global Chief Marketing Officer, Infosys, said: “CMOs face the dual challenge of fueling growth in the short-term while articulating the value of their brand investments in the medium term. They recognize AI’s, especially generative...

EU AI Act checker reveals Big Tech’s compliance pitfalls

by AIP Online Bureau | Oct 18, 2024 | Eco/Invest/Demography, International News, Policy, Regulation, Risk Management, Technology

Companies failing to comply with the AI Act will face fines of 35 million euros ($38 million), or 7% of global annual turnover Some of the most prominent artificial intelligence models are falling short of European regulations in key areas such as cybersecurity...
PM Modi pitches for framing global dos don’ts for ethical use of technology

PM Modi pitches for framing global dos don’ts for ethical use of technology

by AIP Online Bureau | Oct 15, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

Prime Minister Narendra Modi Emphasising on ethical use of AI with security, dignity, equity being at the centre, Prime Minister Narendra Modi said global institutions should come together to work out dos and don’ts New Delhi: Prime Minister Narendra Modi on...

The dark side of technology: AI-driven cyberattacks call for upgraded security measures

by AIP Online Bureau | Oct 6, 2024 | Eco/Invest/Demography, Health, Indian News, Policy, Risk Management, Technology

In September 2024, insurer firm Star Health experienced a significant breach that exposed the sensitive health information of its clients on Telegram chatbots. “Cyber criminals today are not operating manually; they are using AI to automate attacks. They are...

90% of financial institutions focus on AI, GenAI for innovation: PwC India

by AIP Online Bureau | Sep 15, 2024 | Banking & Bancassurance, Data, Eco/Invest/Demography, Risk Management, Technology

“Collaborative innovation is now seen as a key driver for fintechs, enabling faster speed-to-market and delivering tangible benefits like new product offerings, increased productivity, and reduced operational costs,” said Vivek Belgavi, Partner and Leader...
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