AI FUNCTIONALITY
Focus on autonomous vehicles, EU expansion drive KPIT’s growth
Despite global challenges like supply chain issues and the rise of AI, KPIT Technologies has continued to grow, CEO Kishor Patil told ET. This is due to the company's smart investments in areas like EVs and self-driving cars, along with their timely expansion into European markets, he added.
Toilet cleaning stories of world's richest - Elon Musk and Jensen Huang - will shock you
Recently, Nvidia's founder and CEO Jensen Huang shared his leadership insights and generative AI perspectives with Stanford students. He recounted humble beginnings as a dishwasher and toilet cleaner, emphasizing that no task is beneath him. Elon Musk, resonating with Huang’s story, praised his early work ethic.
In India, road accidents claim 19 lives every hour. Can AI make driving safer?
Startups are using AI tools to analyse driver behaviour in an effort to make the operations of fleet operators easier.
To get skilled in AI, companies let employees play in Metaverse
As the landscape of work evolves rapidly with artificial intelligence playing a crucial role, businesses are shifting away from a one-size-fits-all approach to learning. Companies aim to ensure that their employees are well-versed in the emerging technology through a variety of training methods.
Glean Technologies sets up India office, to invest up to $50 million
US-based Glean Technologies, which offers AI assistant platforms for businesses, has chosen to set up shop in Bengaluru, its first in India. The company plans to significantly expand its presence there, aiming to triple its staff to 450 within the next two years.
Explained: Why is France targeting Nvidia?
France's antitrust regulator is set to charge Nvidia in relation to alleged anti-competitive practices. The move comes after dawn raids by French authorities in September last year, which sources said targeted Nvidia. The raids were the result of an ongoing probe into the cloud computing industry.
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Bot voyage: Can GenAI-based innovation ease turbulence in air travel
India's aviation sector embraces cutting-edge AI solutions to enhance customer experience, optimize operations, and propel efficiency, revolutionizing the industry dynamics.
Zerodha to end zero-brokerage model; Unacademy lays off 250 employees
Online stock broker Zerodha will likely discontinue its zero-brokerage structure due to new Sebi rules. More on this in today’s ETtech Top 5.
Search party: Google's dominance in internet search wanes amid rising app queries and AI threats
The search landscape is evolving rapidly, with Google facing challenges from specialized platforms and AI-driven search experiences. Users now turn to diverse platforms like Amazon and social media for different search needs, impacting Google's heft. The future of search seems to be personalized and AI-driven, reshaping how we navigate the digital world.
The voices of AI are telling us a lot
AI voices evolve from cinematic stereotypes to diverse choices, impacting user preferences.
Automating repetitive tasks: AI for invoicing, inventory, and more
World MSME Day: The ability of AI to manage repetitive, time-consuming, and error-prone tasks revolutionizes business operations, resulting in accuracy, speed, and cost savings.
What is AIS, how to download it and how it helps taxpayers in ITR filing?
What is AIS, how to download AIS: Annual Information Statement (AIS) is a statement introduced by the income tax department in 2021. This statement is a comprehensive which help individuals and other taxpayers to get access of most of their financial transactions done in a financial year. It also helps in the knowing different sources of income.
AI startup Etched raises $120 million to develop specialised chip
The San Francisco-based company aims to make a specialised processor tuned to run a specific kind of AI model that is widely used by OpenAI's ChatGPT and Google Gemini.
How GenAI is opening up new revenue streams for IT firms and GCCs
The rise of generative AI (GenAI) presents an opportunity for IT firms to unlock new revenue streams. Companies like Accenture, Infosys, and Tech Mahindra, alongside global capabilities centers (GCCs), are seeing a surge in data standardisation work. This is driven by the vast amount of "uncleaned/unstructured" data held by their clients and parent companies.
Amazon to launch 'Remarkable Alexa' with AI for a fee – Here's how much customers will pay
Amazon plans for a new and upgraded version of Alexa. The new version will have interesting features. In September 2023, Amazon posted plans on its website to improve Alexa.
Stand up to breaking news
AI summaries, including Google's feature, pose some key challenges for society and news publishers. For starters, they have issues with accuracy. Unlike Wikipedia, they don't have human oversight or verification, and can pick up unreliable or unverified information from articles as facts. A user who doesn't know better, or can't easily spot issues, may accept it as news.
Wipro launches Lab45 AI platform to compete on GenAI solutions
Wipro launched Lab45 AI platform to enhance business functions and industry-specific solutions for customers and employees. The platform has shown productivity gains of up to 30% across industries, according to Subha Tatavarti, Wipro's chief technology officer.
Apple shows off updated, mixed-reality headset at AI-focused event
Apple showcases AI integration at developer conference, including revamped Siri and possible tie-up with OpenAI's ChatGPT for iOS 18.
AI is sole focus at Apple's annual conference
Apple faces competition from Nvidia and plans to introduce AI features in iOS 18 at the conference. The event will highlight advancements in Siri and AI chip technology.
Apple WWDC 2024 AI live stream: Where and how to watch the event online?
Apple's WWDC 2024, starting tonight, will focus on software updates rather than new hardware. Key announcements include iOS 18 with AI features like Smart Recap and improved Siri, watchOS 11 with advanced health features, macOS 15 with AI-driven enhancements, and visionOS 2.0 for AR capabilities. The event will also introduce Apple Intelligence, a new AI system, and updates to apps like Settings, Control Centre, Messages, Photos, and Mail.
Apple WWDC 2024: From AI-based Siri upgrades to custom emoji options; what to expect from iOS 18 ?
At the Apple Worldwide Developers Conference (WWDC) 2024, AI is set to take center stage. Apple plans to integrate generative AI across its operating systems, enhancing features in iOS, macOS, and more. Siri will see significant updates, becoming more conversational and capable of controlling app functions. New AI-driven features, such as voice memo transcriptions, automated message replies, and advanced photo editing, will be introduced.
Chinese smartphone brands drive AI proliferation in 2024, led by Oppo
The second half of 2024 will see a surge in generative AI use in smartphones, spearheaded by Chinese brands like Oppo, Nothing, and Vivo. Analysts predict more AI features in lower-priced models, expanding beyond premium flagships. Oppo leads with over 100 AI capabilities and 5,399 AI patents. With AI phones projected to make up 11% of the global market, the segment will see significant growth, particularly in sub-$1000 models, driven by aggressive innovation from Chinese manufacturers.
How an Israeli firm tried to build anti-BJP narrative during polls
OpenAI claims to have disrupted an AI-based covert operation launched by an Israeli firm that allegedly peddled anti-BJP agenda. In 2021, the BJP government drew flak after Israeli spyware Pegasus was allegedly used to snoop on journalists, Opposition leaders and rights activists
ITR filing: CBDT releases new functionality in Annual Information Statement (AIS); all you should know
Annual Information Statement (AIS) is comprehensive view of information for a taxpayer displayed in Form 26AS. All registered income taxpayers can obtain their AIS via the compliance portal, which is accessed via the e-filing website.
CBDT brings new update in income tax AIS; now you can check the status of correction request; Here's how it works
Annual Information Statement (AIS): The Central Board of Direct Taxes (CBDT) has updated the functionality of AIS which can be found on the compliance portal. Now after you put in a correction request, you will be able to see whether the reporting source took any action at all. CBDT says this makes the system more transparent.
New functionality in AIS rolled out for taxpayers
CBDT introduces AIS feature for real-time taxpayer feedback on transactions, enhancing data accuracy, compliance, and taxpayer services, covering tax deductions and financial data sources.
Why hiring functional heads needs special attention in today’s age
Functional unit leaders require diverse skills like agility, credibility, emotional intelligence, and problem-solving abilities. Companies seek individuals with global leadership experience, focusing on succession planning and market positioning for external hires.
Don't be fooled: The threat of AI-washing to Indian consumers
India's consumer market battles AI-washing as stakeholders collaborate for a transparent ecosystem. Responsible AI development and informed consumerism are crucial for a thriving marketplace. Transparency and trust are essential for a successful future.
Data sharing among authorities, taxpayers can help improve I-T dept AIS functionality: Deloitte
Information about the taxpayer relating to specified financial transactions such as cash deposit/ withdrawal from bank accounts, sale/purchase of immovable property, time deposits, credit card payments, purchase of shares, debentures, foreign currency, mutual funds, buyback of shares, cash payment for goods and services etc.
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