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
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
More than 200 researchers and economists, including 15 Nobel laureates and researchers at OpenAI, Anthropic and Google, have called for governments and technology leaders to urgently create policies and institutions to address the economic impact of AI. They issued the jointly signed statement on Monday, warning that AI could drive a larger economic transformation than … Read more
Companies using artificial intelligence (AI) may be unknowingly giving away one of their most valuable assets – their own knowledge, Microsoft CEO Satya Nadella has warned. He believes businesses are not just paying money to use AI tools but also sharing their internal expertise, workflows and decision-making processes. In a long post shared on X, … Read more
Sitting on roughly $3.5 million in SpaceX shares, Chip, a former data scientist at Elon Musk’s aerospace behemoth, has recently bought meteorites worth $10,000 and a $5,000 fire truck. The 50-year-old space enthusiast is not sure how he will use the truck – maybe as an attraction for his 3-year-old kid’s birthday party. But his … Read more
Morgan Stanley said the recent weakness in US semiconductor stocks is a sign that the market gains are broadening, with investors likely to turn toward AI “hyperscalers” as well as consumer discretionary, transport and biotechnology shares. In a note dated Monday, the brokerage said hyperscalers — an industry term for tech companies that are spending … Read more
India’s digital public infrastructure transformed services like payments and identity. The next step, the article argues, is to build similar shared infrastructure for artificial intelligence. Trusted data, interoperable platforms, governance, and AI-ready talent could help India move beyond AI pilots and unlock more than $500 billion in economic value by 2030. India’s AI conversation is … Read more
From artificial intelligence and semiconductors to jobs and India’s tech ambitions, CNBC-TV18’s Voices of the Valley brought together technology lead…Read More 1/10 John Chambers, JC2 Ventures: Chambers said AI will be a major force shaping the next phase of technology, but companies will need to focus on execution and turning innovation into real outcomes. The … Read more
Investors are seeking signs that the US stock market rally fueled by artificial intelligence has more life left in it, and the upcoming Micron Technology earnings will check the pulse of chip demand to see if it is still accelerating. Despite a sharp mid-week selloff, major US stock indexes are hovering near all-time highs, supported … Read more
SpaceX’s bankers are preparing to meet investors as early as next week to discuss a bond offering of at least $20 billion, two sources familiar with the matter said on Thursday, as Elon Musk’s newly public company seeks funding for an ambitious and capital-intensive AI expansion. SpaceX’s AI ambitions come with a steep price tag, … Read more
