AUSTRALIA ARTIFICIAL INTELLIGENCE
Australia spy agency moves intelligence data to cloud in Amazon deal
Australia's A$2 billion deal with Amazon Web Services will shift top-secret intelligence data to the cloud, enhancing interoperability with U.S. military. Defence Minister Richard Marles noted resilience via distributed facilities and server redundancy. Rachel Noble highlighted AI's ethical data analysis. Andrew Shearer emphasized a common computing environment. Australia's National Security Agency will build new data centres.
Keen to be partners with India in its space journey: Australian envoy on space collaboration projects
Australia collaborates with India in the space sector, providing an USD 18 million grant for joint projects. The partnership aims to address climate change, boost manufacturing, and advance artificial intelligence, strengthening both nations' space economies.
Quidich Innovation Labs secures funding from Centre Court Capital
Quidich will use newly raised funds to expand its reach across new sports and geographies, as well as furthur developing its technology stack. Founded in 2013, the company has collaborated with Board of Control for Cricket in India (BCCI), International Cricket Council (ICC), Channel 7 in Australia among others.
Full majority, just majority, hung parliament: S&P Global Market Intelligence analyses scenarios and road ahead for India
S&P Global Market Intelligence anticipates continued policy emphasis on strategic sectors post the Lok Sabha election, regardless of outcomes. Factors influencing voter choices include economic growth, inflation, employment, and foreign policy. The analysis explores three election result scenarios, projecting implications on sectors and foreign policy strategies.
GenAI may help Indian workers save 51 million hours a week by 2026: Pearson study
Generative AI (GenAI) could save Indian workers 51 million hours weekly by 2026, according to Pearson's "Reclaim the Clock" study. GenAI boosts productivity by handling routine tasks, reducing burnout. The top five tasks with the most hours saved in India include promoting products, collecting consumer data, developing marketing materials, identifying opportunities, and explaining technical details. Other significant tasks include maintaining expertise, operational records, and ensuring accuracy. GenAI allows workers to focus on high-value activities like strategic thinking, collaboration, and problem-solving, enhancing work-life balance and productivity.
Commerce ministry's draft strategy to negotiate future FTAs to be circulated among key departments soon
The commerce ministry has developed a draft comprehensive strategy for future Free Trade Agreements (FTAs). The draft will reviewed by key departments, aiming to streamline negotiation processes with India's trading partners. The strategy, presented during a recent meeting involving trade experts, aims to ensure thorough analysis, background work, and systematic reporting throughout negotiation phases. Discussions at a recent 'Chintan Shivir' in Rajasthan also covered topics like India's trade strategy, including new issues like labour and environment in FTAs.
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Comm Min holds discussions on formulating SOPs to negotiate FTAs
The commerce ministry discussed formulating SOPs for negotiating FTAs during a Chintan Shivir, engaging with trade partners like the UK, EU, Peru, Australia, and the Eurasian Economic Union. The discussions included India's trade strategy, vision 2047, and new disciplines like labour and environment.
Microsoft asks hundreds of China staff to relocate as tensions with US simmer
Amid strained US-China relations, Microsoft asks 700-800 Chinese engineers in its China-based cloud and AI operations to consider relocating outside the country, offering transfers to the US, Ireland, Australia, and New Zealand. This move follows US scrutiny on Chinese imports. Microsoft reaffirms commitment to China while navigating regulatory challenges.
Plan to put in place SOP for negotiations on trade pacts
India plans to establish an SOP for negotiating FTAs, addressing labor, environment, gender, and indigenous peoples. The Chintan Shivir will discuss strategies for FTAs, including the Carbon Border Adjustment Mechanism and critical minerals.
India ahead of advanced countries like Germany & Australia in AI adoption and innovation: Report
India emerges as a frontrunner in AI adoption and innovation, according to a recent report by NetApp. While India, Singapore, the UK, and the US lead in AI implementation, Spain, Australia, and Germany lag behind. Surveying 1,300 executives across ten nations, the report reveals that 60% of leading countries have operational AI projects, compared to 36% in lagging countries. This divergence emphasizes AI's pivotal role in economic growth and competitiveness.
Companies to employ fewer people in next five years due to AI: study
According to a study by staffing provider Adecco Group, some 41% of senior executives expect to have smaller workforces because of AI technology
Japan signals interest in AUKUS defence tech partnership
Japan is interested in discussing cooperation with the United States, Australia and Britain on advanced military technology, an official said Wednesday, signalling Tokyo could become more involved in the trio's landmark security partnership AUKUS. An official from Japan'that the government supported AUKUS' efforts in the Indo-Pacific region and was looking at how to deepen cooperation. "Japan is interested in the possibility of technical cooperation in the field of advanced capabilities, and so will continue to strengthen cooperation with Australia, the US and the UK," the embassy said in a statement.
Detecting deepfakes should not be the sole responsibility of platforms: Sam Gregory
Sam Gregory, executive director of Witness, a global human rights organisation, which uses video and technology to expose human rights abuses and has worked on the threats of AI and deepfakes, spoke to ET about AI related challenges and strategies in elections.
Prostate cancer unveiled: AI uncovers new subtypes, paves way for tailored treatments
A groundbreaking study utilizing artificial intelligence (AI) has uncovered two distinct subtypes of prostate cancer, challenging previous assumptions about the disease. Led by researchers at the University of Oxford and the University of Manchester, the study revolutionizes prostate cancer diagnosis and treatment by providing insights into its genetic evolution. By analyzing genetic data from thousands of prostate cancer samples across nine countries, the researchers identified these two subtypes, termed "evotypes."
AI could impact over half of Indian jobs: LinkedIn Top Exec
LinkedIn data suggests that more than half of the jobs in India will be affected by artificial intelligence (AI), with Indian professionals using AI skills more than anywhere else globally, according to Tomer Cohen, Chief Product Officer at LinkedIn. The data indicates that AI-related job mentions on LinkedIn have surged 21 times, and India is among the top five countries with the most AI talent
In big election year, AI's architects move against its misuse
On Friday, 20 tech companies - including Adobe, Amazon, Anthropic, Google, Meta, Microsoft, OpenAI, TikTok and X (formerly known as Twitter) - signed a voluntary pledge to help prevent deceptive AI content from disrupting voting in 2024.
India highest among countries to have actively deployed AI: IBM research
The ‘IBM Global AI Adoption Index 2023’ found that 74% of those Indian enterprises are already working with AI, having accelerated their investments in AI in the past 24 months in areas like R&D (research and development) and workforce reskilling. At least 67% of companies are investing in R&D, 55% in reskilling/ workforce development and 53% firms are building proprietary AI solutions.
Microsoft GitHub has 13 million Indian developers, to pip US by 2027: Satya Nadella
During the second day of his Microsoft AI Tour in India, Microsoft chairman and chief executive Satya Nadella highlighted the impact Indian developers are making in building cutting-edge products and solutions that solve challenges for the nation and accelerating deployment of AI innovation globally.
Elon Musk’s X lays out 2024 plans: peer-to-peer payments, AI and content creators in focus
To quell fears of advertisers and get brands back on X, the company said it would strengthen its full-funnel ads offering with a focus on video, performance, and brand safety.
GenAI-backed financial services becoming popular among Indian users: report
A study by FIS, a technology solutions provider for financial institutions, suggests that preference for new technology (60%) and the desire to save time (56%) are the primary motivators of consumers gravitating towards such applications.
GPAI 2023 Summit: India negotiating with member countries for proper use of AI
At this year’s summit, India will also work with other members of the GPAI to look at ways in which AI can be used for the betterment of sustainable agriculture and collaboration, especially in the areas of digital public infrastructure.
GPAI Summit 2023: India drives discussions on ethical AI use and guardrails
“The world’s thinking on AI is converging. People understand the potential, look to the benefits which can come, and understand the dangers and put certain guardrails. There is convergence on how AI should be treated going forward,” IT minister Ashwini Vaishnaw said at the curtain raiser GPAI 2023 Summit.
Indian tech firms to be key driver for global AI: Microsoft Asia president Ahmed Mazhari
The Indian tech sector will play a major role in the development and adoption of artificial intelligence (AI) globally and fulfilling global market demand, according to Microsoft Asia president Ahmed Mazhari.
Explained: What the AI cybersecurity guidelines endorsed by the US, UK and 16 other countries entail
Who are the countries, what are the guidelines and how significant is this agreement? Here’s a detailed look.
US, Britain, other countries ink agreement to make AI 'secure by design'
In a 20-page document unveiled Sunday, 18 countries agreed that companies designing and using AI must develop and deploy it to keep customers and the wider public safe from misuse.
AI value to be unlocked with cloud adoption at scale: Report
Nearly two in three financial services firms have started using artificial intelligence (AI) and look to utilise it across the full value chain in the next two years, says a report.
Governments race to regulate artificial intelligence tools
Rapid advances in artificial intelligence (AI) such as Microsoft-backed OpenAI's ChatGPT are complicating governments' efforts to agree laws governing the use of the technology.
Microsoft to spend $3.2 billion in Australia as AI regulation looms
Microsoft said it will spend A$5 billion ($3.2 billion) expanding its artificial intelligence (AI) and cloud computing abilities in Australia over two years as part of a wide-ranging effort that includes skills training and cyber security.
Five Eyes intelligence chiefs warn on China's 'theft' of intellectual property
The officials from the United States, Britain, Canada, Australia and New Zealand - known as the Five Eyes intelligence sharing network - made the comments following meetings with private companies in the US innovation hub Silicon Valley.
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