India

AI Fund, an artificial intelligence fund led by computer scientist Ernest Ng, announced on Tuesday that it has made an investment in Jivi, an AI healthcare company in India. Jivi is an AI healthcare company based in the northern Indian city of Gurgaon that utilizes AI technology to provide potential diagnostics and treatments, generate health reports, and perform administrative tasks.The AI Fund described Jivi in a statement but did not disclose the exact amount of its investment or the percentage of shares it has acquired. According to a Nasscom-BCG report released earlier this year, India's artificial...

Recently, Zomato, a major food delivery platform in India, made a major decision. They announced that they would ban the use of AI-generated food images on restaurant menus. Zomato CEO Deepinder Goyal said that this move is to protect customer trust, because the use of these AI images has brought a series of problems, such as increased customer complaints, higher refund rates, and lower restaurant ratings. Goyal pointed out in a post that from now on, they will encourage restaurant partners to stop using AI-generated food images. Zomat…

Recently, India's AI startup boom is in full swing. In the past six months alone, 43 Indian AI startups have received a staggering $864 million in financing. Antler, an investment institution, has announced that it will invest $10 million in early-stage AI startups. Partner Rajiv Srivatsa emphasized on social media: "Now is the best time to build a startup!" At the I/O Connect Bengaluru 2024 event recently held by Google...

Meta’s chief financial officer Susan Li said on Wednesday that India has become Meta AI’s largest market by usage, an achievement that is noteworthy given that Meta AI launched in the country only a few months ago. Li said during Meta’s second-quarter earnings call that people have used Meta AI for billions of queries since its launch. “We’re seeing particularly promising signs on WhatsApp, in terms of retention and engagement, which coincides with India becoming our largest market for Meta AI usage,” she noted. Meta’s most…

The use of AI technology in music creation today is gaining traction. However, many startups face huge challenges in this field when it comes to copyright issues and fair compensation for artists. However, Indian startup Beatoven.ai seems to have found an ethical and responsible way to deal with these challenges. Mansoor Rahimat Khan, co-founder and CEO of Beatoven.ai, is a professional sitar player who comes from a family with a seven-generation musical tradition. He studied at the Indian Institute of Technology Bombay…

Meta has decided to roll out its Llama-3 powered AI chatbot to all Indian users after testing it for a few months during India’s general elections. However, Meta AI currently only supports English and not other local languages. The company started testing Meta AI in India on WhatsApp, Instagram, Messenger, and Facebook in April by rolling it out to select users. A few days later, the company officially rolled out the bot to more than a dozen countries, but not to India…

NVIDIA is hiring experienced AI engineers in India to join its partner companies. Selected candidates will join the NVIDIA Partner Network as employees responsible for driving adoption of NVIDIA technology and delivering innovative designs in data center, edge, and cloud deployments. These positions are based in Bangalore and New Delhi and focus on Deep Learning Solution Architect positions. The position requires an engineering degree (BE/B.Tech/MS/MTech), preferably in Computer Science/ Information Technology/ Electrical/ Electronics or equivalent. …

K Krithivasan recently predicted in an interview with the Financial Times that the widespread use of generative AI will lead to the decline of customer service jobs within a year at the earliest. K Krithivasan is the head of Indian IT giant Tata Consultancy Services (TCS). The company is the second largest company in India by market value and has more than 616,000 employees worldwide. Krithivasan believes that generative AI can well replace customer service jobs and reduce corporate operating costs. Citing Krithivasan’s views…

OpenAI has officially launched its hiring program in India, aiming to shape Artificial Intelligence (AI) regulatory policy at an early stage. OpenAI has reportedly appointed a Head of Government Relations to lead the company's public policy affairs in India. The move is seen as a strategic move by OpenAI in the country's market, aiming to influence the future direction of AI development in India through talent acquisition. OpenAI's move reportedly shows the company's focus on the Indian AI market. With the rapid development of AI technology, the development of regulatory policies has become increasingly important.Op...

Technicians in India are driving salary growth with additional AI, GenAI, and related skills, with salaries increasing by 30-50% compared to those without these skills. According to Careernet, GenAI professionals can be divided into three categories: GenAI technology developers, GenAI product developers, and GenAI users. Source note: Image generated by AI, image licensed to Midjourney In 2019, a technician named Abhishek (pseudonym) graduated from a second-tier engineering college in Bangalore, India…

India has announced that it is shelving its previous AI vetting program after receiving a lot of criticism from local and international entrepreneurs and investors: any company will need to be approved before releasing an AI model. Image source Pixabay The Ministry of Electronics and Information Technology released an updated AI advisory this Friday that no longer requires them to get government approval before launching or deploying AI models to users in the South Asian market. Under the revised guidelines, companies are advised to label inadequately tested and unreliable AI models, informing users about possible flaws or unreliability of these models. India ...

India’s first AI teacher, Iris, has recently taken up her post, hoping to change students’ learning experience and improve their mastery and application of knowledge through entertaining learning. Iris is a humanoid artificial intelligence developed by Makerlabs Edutech Private Limited in collaboration with Atal Tinkering Labs (ATL) to assist teachers in classroom teaching. Unlike traditional robots, Iris will not replace teachers, but will serve as an auxiliary tool to provide an interactive learning experience that caters to different learning styles. Iris is currently in the coastal city of Thiruva, India…

The Indian government announced that it has approved the national "IndiaAI Mission" project, which aims to achieve the two goals of "making AI take root in India" and "making AI serve India", with a budget of 103.7192 billion rupees (currently about 9.013 billion yuan). According to reports, the project will be implemented by the "IndiaAI" independent business unit (IBD) under the Digital India Corporation (DIC) and will include the following components: IndiaAI computing power: A scalable artificial intelligence computing foundation consisting of more than 10,000 GPUs will be established...

According to Reuters and TechCrunch today, India's Ministry of Information Technology issued an announcement on Friday that tech companies need to get explicit permission from the Indian government before releasing generative AI-related tools and new models. Pixabay TechCrunch has obtained a portion of the document, which asks tech companies to ensure that their services or products "do not allow any bias or discrimination". The document isn't legally binding, but India's Deputy Minister of Information Technology Rajiv Chandrasekhar said the notification "signals...

Earlier this week, at the Microsoft CEO Connection event in Mumbai, India, Microsoft CEO Satya Nadella announced that the company plans to equip up to 2 million people in India with AI skills by 2025. The company aims to achieve this goal through its new ADVANTA(I)GE INDIA program, thereby bridging the skills gap while supporting India’s transformation into an AI-first nation. Nadella also highlighted how Microsoft Copilot can help by simplifying work…