by AIP Online Bureau | Nov 24, 2024 | Eco/Invest/Demography, Indian News, Risk Management, Technology
The technological transformation of National Consumer Helpline(NCH has led to a significant increase in its call-handling capacity. The number of calls received by NCH has grown nearly tenfold, from 14,795 calls in January 2015 to 1,41,817 calls in January 2024. This...
by AIP Online Bureau | Nov 19, 2024 | Indian News, Intermediaries, Life, Technology
Anil Wadhwani, Chief Executive Officer, Prudential plc, said: “Data, advanced analytics and AI are crucial to the delivery of our strategic priorities. The AI Lab will supercharge the development of exciting applications such as predictive analytics,...
by AIP Online Bureau | Nov 17, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
S Krishnan, secretary, MeitY, highlighted the critical role of the Digital Personal Data Protection Act in advancing responsible AI practices and reaffirmed India’s active participation in international AI forums to balance innovation with regulation New Delhi: India...
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...
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...
