Using AI saved govt 8% of cost, says GEM CEO
GeM CEO Mihir Kumar says AI tools on GeM improve procurement transparency, save about 8%, enforce Make in India preferences, track DVA, and monitor 10 day payment timelines. Source link
GeM CEO Mihir Kumar says AI tools on GeM improve procurement transparency, save about 8%, enforce Make in India preferences, track DVA, and monitor 10 day payment timelines. Source link
Apple used its annual Worldwide Developers Conference on Monday to make one of the biggest bets in its recent history: handing the future of Siri to Google’s artificial intelligence. The keynote at Apple Park in Cupertino, California, marked the end of a two-year wait since Apple first promised a smarter, more capable Siri. It was … Read more
Apple on Monday unveiled a major overhaul of Siri, introducing a new artificial intelligence-powered version of its voice assistant as the iPhone maker seeks to catch up with rivals in the fast-moving AI race. The new assistant, called “Siri AI”, was announced at Apple’s annual Worldwide Developers Conference (WWDC) in Cupertino, California. The upgraded Siri … Read more
US-based chipmaker Nvidia is partnering with South Korea’s LG Group on humanoid robots and next-generation data centers, CEO Jensen Huang said on Monday after meeting LG Group Chairman Koo Kwang-mo in Seoul. “We are working with them in motor technology as well as mechanical systems so that we can bring together humanoid robotics and the … Read more
Samir Arora, Founder and Fund Manager at Helios Capital, revealed on Monday (June 8) that he sold units of an exchange-traded fund that tracks semiconductor stocks on Friday, just before the market opened. What followed was a massive sell-off, particularly in Eternal, dragging the Nasdaq down 4% by the end of trade. “All offshore ETF … Read more
Apple’s WWDC 2026 is expected to showcase a rebuilt Siri with access to multiple AI models, while Tim Cook prepares to hand over leadership to John Ternus. Reid Hoffman is leaving Microsoft’s board, OpenAI and Anthropic continue to compete for AI talent, South Korea has nominated former Naver CEO Han Seongsook as prime minister, and … Read more
Intel unveiled new AI-focused technologies, strategic collaborations and next-generation processors at COMPUTEX 2026 in Taipei, with CEO Lip-Bu Tan joined on stage by industry partners. “We are proud to join all our partners in building great products that will delight customers and bring the power of AI to more people as we create a brighter … Read more
Betting big on automation while simultaneously expanding its workforce, Amazon on Thursday unveiled the next generation of its autonomous warehouse robot, Proteus, as part of a broader €10 billion investment plan in Europe aimed at modernizing its fulfillment network and speeding up deliveries. The announcement was made at Amazon’s ‘Delivering the Future’ event in London, … Read more
Artificial intelligence developments accelerated globally as US policymakers explored deeper involvement in the sector, including reported discussions on government ownership in leading AI companies. Industry leaders jointly called for tighter biosecurity safeguards amid concerns that AI could lower barriers to creating biological threats. Canada unveiled a major AI adoption strategy, while India’s Supreme Court proposed … Read more
AirTrunk, a data center company backed by Blackstone and the Canada Pension Plan Investment Board (CPPIB), plans to invest more than $30 billion (₹3 lakh crore) to build over 5GW of data center capacity in India by 2030. According to the company, the proposed program ranks among the largest digital infrastructure initiatives under consideration in … Read more