Empowering Innovation: AI Tools Driving Sustainable Growth

Published On Tue Jul 09 2024
Empowering Innovation: AI Tools Driving Sustainable Growth

Technology News | Latest Technology News & Updates

Tech Mahindra is focused on empowering employees with AI tools to drive innovation, value, and sustainable growth in an ever-evolving and competitive market by harnessing the power of Copilot for Microsoft 365. The organization plans to extend the value of Copilot with plugins within and outside the Microsoft app ecosystem to leverage multiple data sources and drive creativity and increase productivity. The collaboration is focused on increasing efficiency, reducing effort, and enhancing quality and compliance across the board.

Google Tests AI Feature for Custom Radio Stations in YouTube Music

Google is testing an AI feature for custom radio stations in YouTube Music. Found by kater_pro and reported by 9to5Google, this feature is currently in limited testing and may require a YouTube Premium subscription. The feature utilizes feed cards, chat interfaces, and voice commands, and is still under development with varying levels of accuracy. It is displayed in a playlist format, offering prompts like "Catchy pop choruses," "Surprise me!", and options based on user mood or genre.

Advancements in Robotics: Robot Powered by Lab-Grown Artificial Brain

Scientists in China have developed a robot powered by a lab-grown artificial brain using human stem cells. This brain-on-chip technology enables the robot to perform tasks such as avoiding obstacles and grasping objects. The research conducted at Tianjin University shows promise for advancing brain-computer interfaces and hybrid human-robot intelligence.

Chinese scientists develop robot with lab-grown artificial brain

Technopark CEO on Strengthening UK-India Tech Ecosystem

Col Sanjeev Nair (Retd), CEO of Technopark, mentioned that the visit of the UK delegation marks a significant step towards fostering stronger ties and cooperative initiatives between the UK and Indian tech ecosystems.

Phenomenal AI Launches India's First Full Text-to-Video AI Platform

Phenomenal AI in New Delhi launched India's first full text-to-video AI platform. This seamless AI studio utilizes advanced AI and Machine Learning to create stunning professional-grade videos from text, including scripts. It revolutionizes video production for various purposes such as marketing, education, e-commerce, social media, and personal projects, making video creation accessible, cost-effective, and simple.

GenAI Innovation Center in Kochi to Focus on Generative AI Technology

The GenAI Innovation Center, a part of the IBM India Software Lab in Kochi, will be managed by IBM's technical experts. With access to the latest generative AI technology, LLMs, case studies, and IBM experts, the center aims to nurture a community focused on leveraging generative AI to address societal and business challenges like sustainability, public infrastructure, healthcare, education, inclusion, and more.

IBM to launch GenAI innovation center in Kochi, CIO News, ET CIO

Real-Time Analytics and the 5G Revolution

An essential component of the 5G revolution is real-time analytics to deliver a superior client experience. Understanding how customers use and adapt to 5G services requires analyzing enormous volumes of data generated by 5G networks. With the expansion of 5G in India and increased competition among network operators, real-time analytics will play a crucial role in providing data-driven insights for an enhanced consumer experience.

Talent Requirements in GCCs and AI Transformation in India

Global Capability Centers (GCCs) require super-specific and niche talent due to their ambitions and focused outputs. While academia has made strides in including AI, ML, and emerging technologies in curricula, there is still a gap in specialists meeting industry expectations. Leaders in the industry aim to transform India into a leading exporter of AI intelligence and technology, emphasizing open access to data and robust infrastructure development.

Recruiters' Growing Interest in MBA Graduates and Fintech Funding Trends

A notable 33% of recruiters plan to hire more MBA graduates in 2024 compared to previous years, reflecting an increasing demand for the skills these graduates offer. Meanwhile, a report by Tracxn revealed that although India's fintech funding declined in the first half of 2024, the country ranks third globally in fintech funding, highlighting the sector's importance and potential for growth.

Upcoming Innovations: Samsung's Galaxy AI and Nvidia's Collaboration

Samsung's Galaxy AI is rumored to introduce a language translation feature for WhatsApp calls, powered by Google's Gemini models. This feature is expected to be announced at Samsung's upcoming Galaxy Unpacked event, alongside new devices. Nvidia will assist in training faculty at Thapar School of Advanced AI & Data Science, offering guidance on curriculum enhancements and support for AI startups.

Enhancing User Experience with Seamless Payments and Digital Services

Companies like Swiggy are enhancing user experience with UPI integration and seamless payments, utilizing NPCI's UPI Plugin. Siemens AG plans to increase software and digital services sales, with India playing a crucial role in this strategy through collaborations with Microsoft in AI technology.