Artificial intelligence will transform healthcare, science and manufacturing in ways few technologies have before, JPMorgan Chase CEO Jamie Dimon said, even as companies grapple with questions around the return on their AI investments and the protection of proprietary data. Speaking in an interview with CNBC, Dimon said AI is already beginning to move beyond chatbots … Read more
The European Union, which fined Elon Musk’s social media network “The European Commission has accepted “The approved measures represent an important step in enabling researchers, civil society and the public in general to gain more transparency into Earlier on December 5, Musk had replied “Bullshit” under a European Commission post about the fine. He also … Read more
The Union Cabinet on Wednesday, July 15, approved a mobile phone manufacturing scheme with an outlay of ₹62,500 crore to strengthen India’s electronics manufacturing ecosystem and promote domestic production. The scheme will run for five years and includes incentives for developing Indian mobile phone brands, the government said. According to the government, the scheme targets … Read more
OpenAI’s much-anticipated push into consumer devices is slated to begin with a mobile, screen-free smart speaker designed to be a new type of home computer for the AI era, according to people familiar with the matter. The product — still under development — is meant to serve as a humanlike AI companion that lives in … Read more
Apple has released the public beta of iOS 27, giving iPhone users an early chance to try many new features before the official launch later this year. The update brings several changes, including a smarter AI Siri, more Apple Intelligence features and extra Liquid Glass customization options. The final version is expected to arrive alongside … Read more
Worries about a bubble in artificial intelligence investments are absurd, SoftBank Group’s CEO Masayoshi Son said Tuesday, deriding such doubts as backward and akin to questioning the use of cars and planes. “To ask whether AI is a bubble is a foolish question,” Son told executives at an annual company event in Tokyo. “AI will … Read more
Chinese AI startup DeepSeek is weighing raising new funds one month after closing its first round, the Financial Times reported on Tuesday. The company started preliminary talks this week with new investors about opening another round that would value the company at about $71 billion before the deal, according to the report. DeepSeek did not … Read more
The Madhya Pradesh Tech Growth Conclave 3.0 has paved the way for investments of nearly ₹40,000 crore and the creation of more than 34,000 jobs in the state, Chief Minister Mohan Yadav said. India is providing new direction to the world across sectors, and Madhya Pradesh is playing a significant role in this growth journey. … Read more
Andhra Pradesh government’s AI-enabled RTGS CCTV360 surveillance platform has helped police recover 80 stolen vehicles, trace 73 missing persons and apprehend 52 accused persons in various criminal cases over the past four months, officials said. The government said the Real Time Governance Society (RTGS) has integrated more than 14,750 CCTV cameras across the state through … Read more
Nasdaq-listed fintech firm Payoneer Global plans to hire around 300 engineers by end of 2026 for its new global capability center in India, joining a growing list of companies tapping into the world’s most populous country to fulfill their talent needs. Global firms including Mastercard, PayPal and Revolut are relying on their India centers for … Read more
