Tag: Artificial Intelligence
Global AI market revenues to reach $156 billion in 2020
Worldwide revenues for the Artificial Intelligence (AI) market, including software, hardware, and services, are expected to total $156.5 billion in 2020, a growth of...
Huawei launches new Cloud solution to boost digital payments
Chinese tech giant Huawei on Thursday launched a Cloud solution designed to help digital payment service operators quickly build super app-centred payment ecosystems.
With an...
‘Deepfakes’ ranked as most serious AI crime threat
Fake audio or video content, also known as ‘Deepfakes’, has been ranked as the most worrying use of artificial intelligence (AI) for crime or...
Defence ministry to use AI to carry out predictive public grievance analysis
To identify the cause and nature of grievances and frame a policy accordingly, the Ministry of Defence has decided to use artificial intelligence to...
UK-based Wiserfunding enters India, targets SMEs
UK-based fintech firm Wiserfunding has announced its entry into India by launching the artificial intelligence-backed credit risk assessment tool for small and medium enterprises...
IMD plans to use AI in weather forecasting
The India Meteorological Department (IMD) is planning to use artificial intelligence in weather forecasting, especially for issuing nowcasts, which can help improve 3-6 hours...
Zyfra proposes AI system for Indian industry to detect metalwork machine anomalies
Finnish-Russian digital solutions provider for heavy industries Zyfra announced it has developed a predictive analytics (PdA) solution powered by machine learning to enhance the...
Google supercomputer, Nvidia GPUs break AI performance records
Google said it has built the worlds fastest machine learning (ML) training supercomputer that broke AI performance records in six out of eight industry-leading...
AI will be smarter than humans within 5 years, says Elon Musk
Tesla and SpaceX CEO Elon Musk has claimed that Artificial Intelligence will be ‘vastly smarter’ than any human and would overtake us by 2025.
“We...
More AI adoption may lead to 2.5% hike in India’s GDP: Report
One unit increase in Artificial Intelligence (AI) intensity by Indian firms can result in a 2.5 per cent increase in the country’s gross domestic...