Tag: data analytics

India top choice for digital pursuit; firms to boost investments in AI, big data, cybersecurity: nasscom
15Apr By adminNo Comments
Technology

India top choice for digital pursuit; firms to boost investments in AI, big data, cybersecurity: nasscom

[ad_1] India remains the top choice for enterprises looking to expand digital services portfolio and companies are expected to increase spending on AI, data analytics and cybersecurity, industry body nasscom said in a report on Monday.The report 'Digital Enterprise Maturity 5.0: Digital Readiness in the Era of AI' is based on a survey of 550 enterprises across 11 major sectors and seven major geographical regions. The survey found that 71 per cent of enterprises in India spent over 20 per cent of their tech spends on digital in 2023. "Nearly 90 per cent of companies have signalled plans to boost investments in key digital technology areas in 2024, including artificial intelligence (AI)/machine learning (AI/ML), big data analytics, cloud computing, cybersecurity, and intelligent automati...
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Exposed! Data brokers know everything about you – what FTC case against Kochava revealed
13Jan By adminNo Comments
Technology

Exposed! Data brokers know everything about you – what FTC case against Kochava revealed

[ad_1] Kochava, the self-proclaimed industry leader in mobile app data analytics, is locked in a legal battle with the Federal Trade Commission in a case that could lead to big changes in the global data marketplace and in Congress' approach to artificial intelligence and data privacy. The stakes are high because Kochava's secretive data acquisition and AI-aided analytics practices are commonplace in the global location data market. In addition to numerous lesser-known data brokers, the mobile data market includes larger players like Foursquare and data market exchanges like Amazon's AWS Data Exchange.The FTC's recently unsealed amended complaint against Kochava makes clear that there's truth to what Kochava advertises: it can provide data for “Any Channel, Any Device, Any Audience,” an...
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Wall Street’s Use of AI and Data Analytics Faces New SEC Rules
27Jul By adminNo Comments
Technology

Wall Street’s Use of AI and Data Analytics Faces New SEC Rules

[ad_1] Wall Street's main regulator is unveiling proposed restrictions for brokerages and money managers that use artificial intelligence to interact with clients.The US Securities and Exchange Commission approved a plan on Wednesday to root out what Chair Gary Gensler has said are conflicts of interest that can arise when financial firms adopt the technologies. The agency also adopted final rules requiring companies to disclose serious cybersecurity incidents within four business days after they're deemed significant. The AI proposal is the latest salvo from Washington regulators concerned about the technologies' power to influence everything from credit decisions to financial stability. Companies would need to assess whether their use of predictive data analytics or AI poses conflicts...
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5 things about AI you may have missed today: From ChatGPT drafts’s law to AI voice mimicry scams and more
10Jul By adminNo Comments
Technology

5 things about AI you may have missed today: From ChatGPT drafts’s law to AI voice mimicry scams and more

[ad_1] It has been an extremely interesting day for AI globally! ChatGPT drafts a law to regulate AI in Costa Rica, dividing experts; Sarah Silverman sues OpenAI and Meta for AI copyright infringement; Dell Technologies and Intel launch ‘AI Lab in India' for next-gen skills development- this and more in our daily AI roundup. Let us take a look. 1. ChatGPT drafts law to regulate AI in Costa RicaCosta Rican lawmakers turned to ChatGPT, an AI chatbot, to draft a law regulating artificial intelligence. The resulting bill recommends establishing an institution to oversee AI systems, focusing on accountability, explainability, bias prevention, and protecting human rights. However, opinions on the bill are divided, with some praising its positive reception while others criticize its lack of co...
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National Technology Day: AI must be implemented in a way that aligns with values, says Numadic cofounder Aprup Shet
11May By adminNo Comments
Technology

National Technology Day: AI must be implemented in a way that aligns with values, says Numadic cofounder Aprup Shet

[ad_1] As India celebrates National Technology Day, it is important to recognize the unique position India is in currently. From the sudden rise of electrical vehicles (EV), artificial intelligence (AI), UPI and digital banking usage, 5G rollout to the entry of new-age tech startups, India has all the tools in the right places to tap into a high growth spurt and bolster both the economy and our technological foundation for years to come. And to highlight the tech potential of India, we at HT Tech had a conversation with Aprup Shet, cofounder of Numadic, a vehicular interface platform.Q. 1 How have you seen technology grow in the last year?Technology has been instrumental in driving India's remarkable growth. Key trends include transitioning to clean energy with advancements in solar and...
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