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US, European regulators sign joint statement on effective AI competition

by AIP Online Bureau | Jul 23, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology

Generative AI has rapidly evolved in recent years and the “technological inflection points” could introduce new means of competing, catalyzing opportunity, innovation and growth, the statement said Regulators in the United States, European Union and...

Artificial intelligence (AI) taking root in several spheres of Indian economy: Eco Survey

by AIP Online Bureau | Jul 22, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology

Vision is for India to evolve as a ‘fintech nation’ with the highest number of fintech firms and the highest fintech adoption rate by incumbents fuelled by digital public infrastructure,” the Survey highlighted “An approach should be evolved for common user...
Insurers fret over militant attacks, AI hacks at Paris Olympics

Insurers fret over militant attacks, AI hacks at Paris Olympics

by AIP Online Bureau | Jul 5, 2024 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

German insurer Allianz is insurance partner for the Games. Other insurers, such as the Lloyd’s of London market, are also providing cover. “We are all aware of the geopolitical situation the world is in,” said Eike Buergel, head of Allianz’s Olympic and...
$ 20 billion dry powder chasing Indian AI Startups, says Rajan Anandan

$ 20 billion dry powder chasing Indian AI Startups, says Rajan Anandan

by AIP Online Bureau | Jul 5, 2024 | Eco/Invest/Demography, Indian News, Technology

“We are beginning to see a very different weave of AI-Application companies in India, the companies that are leveraging AI to build useful applications where investments can be seen. These companies are working across sectors such as consumer applications,...

Vaishnaw calls for global collective efforts to deal with risks, dangers posed by AI

by AIP Online Bureau | Jul 3, 2024 | Eco/Invest/Demography, Indian News, Policy, Risk Management, Technology

“The whole package… the whole AI Mission which was approved by the Cabinet a couple of months back… the team is working on setting the foundation and all seven pillars… and maybe in two-three months we will be launching this mission,” Vaishnaw said while speaking at...
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