AI News – Page 251
- SiMa.ai Appoints Satish Mohanram as Senior Director, India Sales and Site GM
With over 20 years of experience in Sales, Marketing, and Application Engineering, Mohanram is set to drive the company’s business growth in key sectors such as industrial, semiconductor, education, aerospace/defence, and automotive.
Mohit Pandey ·
- RBI Forms Panel to Regulate AI in Financial Sector
Chaired by Pushpak Bhattacharyya, professor at IIT Bombay, the committee comprises notable figures from academia, government, and industry.
Mohit Pandey ·
- India’s DST and AICTE Announce New UG Quantum Courses
Ajai Chowdhry emphasises the need for internships to complement the coursework.
Sanjana Gupta ·
- Bengaluru-based Leanworx Secures ₹8.3 Crore for AI-driven Machine Monitoring Solutions
The system addresses inefficiencies in machine utilisation, which often range between 30%-50%.
vandana.nair ·
- Indian GCCs Propel BFSI, Record 15% Growth in 3 Years
Cities like Bengaluru, which hosts 25-30% of BFSI GCCs, along with Hyderabad, Delhi-NCR, and Chennai, are emerging as major hubs.
Shalini Mondal ·
- DeepSeek-V3 is Now The Best Open Source AI Model
Beats Llama 3.1 405B in several benchmarks.
Supreeth Koundinya ·
- Amazon, Universal Music Group To Combat AI-Generated Content
All I want for Christmas is no AI-generated music.
Supreeth Koundinya ·
- Bengaluru-based LatentForce.ai Enables LLM-Powered Data Extraction, Document Conversion Tasks
“Imagine you're processing 100 invoices a day and need to compile all the details into an Excel sheet by the end of the day; Extractors.ai makes this task fast and effortless,” CEO Aravind Jayendran said.
Shalini Mondal ·
- Karnataka Launches Entrepreneurship Program to Boost Startups
“Karnataka is home to 18,000 startups, 45 unicorns, and 38% of India's 435 soon-to-be unicorns.”
Shalini Mondal ·
- India’s Consumer Affairs Ministry Launches AI Assistant for Complaint Filing
“Each advancement brings us closer to a future where transparency, fairness, and trust define every interaction,” said Pralhad Joshi, Minister of Consumer Affairs.
Supreeth Koundinya ·
- Meesho Migrates to Redis Cloud From Amazon ElastiCache
This shift has enabled Meesho to serve over 165 million customers and 2.2 million sellers.
Aditi Suresh ·
- BERT Has Finally Found Its Successor
No points for guessing – it’s called ‘ModernBERT’
Supreeth Koundinya ·
- Musk’s xAI Raises $6 Billion in Series C Funding
Musk aims to develop AGI grounded in rigorous truth-seeking and devoid of ideological bias.
Aditi Suresh ·
- Microsoft Will No Longer Be Exclusive to OpenAI
As per reports, the company is working on adding non-OpenAI models into Copilot products.
Supreeth Koundinya ·
- CoRover Partners with Persistent Systems for Multilingual AI Platform
In August, NPCI, IRCTC, and CoRover introduced “Conversational Voice Payments” for UPI.
Mohit Pandey ·
- Infosys Partners With Indian National Academy of Engineering to Transform Engineering Education in India
Educators will benefit from both in-person and virtual training, which will help them improve technical expertise, classroom management, and student engagement.
Shalini Mondal ·
- Trump Appoints Indian-American Sriram Krishnan as Senior Policy Advisor for AI
In 2022, Krishnan rose to prominence for working with Elon Musk for reshaping X following its acquisition.
Aditi Suresh ·
- Google Deepmind’s New Benchmark Evaluates Factuality of LLMs
FACTS Grounding benchmark is seen as a significant step in promoting trust and accuracy in AI-generated content.
Sanjana Gupta ·
- OpenAI o3 Consumes Five Tanks of Gas Per Task
A study reveals that each o3 task consumes approximately 1,785 kWh of energy.
Sanjana Gupta ·
- Ola Krutrim is Now Offering Free Credits to all IIT Students and Faculty
Aggarwal said that he is willing to give free Krutrim credits to all IITs for any number of years.
Mohit Pandey ·