Thursday, January 16, 2025

As we examine the direction in which the 'tech' in fintech shapes up in the coming year, one critical topic emerges up top- security. In just the first 9 months of 2024, India lost close to 11,000 crores via cyber scams. Today, AI-driven fraud detection is no longer a good to have for fintech p... Â read more...

80% of Indian companies find AI a core strategic priority: Report

India has positioned itself as a leader in artificial intelligence (AI) adoption, with 80 per cent of companies identifying AI as a core strategic priority - well above the global average of 75 per cent, according to a report on Wednesday. Â read more...

2025 will bring advancements in autonomous AI agents that can plan, execute and adapt tasks with little human intervention: Moody's ratings

Autonomous AI agents are expected to make significant strides in 2025, revolutionising industries through enhanced operational efficiencies. Competition among AI developers is fostering innovation in features and usability. Major research labs are focusing on integrating AI seamlessly into various s... Â read more...

America's AI hegemony: Biden administration proposes 'Framework for Artificial Intelligence Diffusion'

A simple explanation is that technology hyper scalers like Google, Amazon and Microsoft would be able to deploy as much computing power as required in specified tier one countries. Most of the world would form part of tier two in which GPU manufacturing technology giants will seek requisite permissi... Â read more...

US blacklists Chinese companies over TSMC chips in Huawei processor

The Commerce Department also strengthened controls on the flow of chips to China to better prevent diversion to Huawei. Zhipu AI, Sophgo and entities linked to them were among 25 China-based companies and two Singapore-based companies added to the US Commerce Department's Entity List, according to g... Â read more...

Microsoft halts hiring in US consulting unit as cost-cutting measure: Report

Earlier this month, Microsoft said it planned to invest about $80 billion in fiscal 2025 on developing data centers to train AI models and deploy AI and cloud-based applications. Â read more...

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