Tag: digital india

Paytm investing in Al to build artificial general intelligence software stack: CEO Vijay Shekhar Sharma
22Aug By adminNo Comments
Technology

Paytm investing in Al to build artificial general intelligence software stack: CEO Vijay Shekhar Sharma

[ad_1] Paytm is investing in Al to build artificial General Intelligence software stack, founder and CEO Vijay Shekhar Sharma said in the latest annual report and also outlined the India opportunity, the fintech firm's commitment to serve the market and build a long-term profitable business.India can expect 500 million payment consumers and 100 million merchants "not very far in future", Sharma said, as he penned a letter to shareholders in the latest annual report of One97 Communications which owns the brand Paytm. Paytm, he said, is investing in Al with an eye on building Artificial General Intelligence software stack. Sharma talked about Paytm's expanded offerings, AI capabilities, as also "an India scale Al system which will help various financial institutes in capturing possible ri...
Read More
Sam Altman in India: I don’t think current AI systems are dangerous
8Jun By adminNo Comments
Technology

Sam Altman in India: I don’t think current AI systems are dangerous

[ad_1] Amidst growing concerns around ChatGPT, its creator, Sam Altman, is in India as part of his six-country tour. Just a few days ago, Altman had tweeted, “excited to visit israel, jordan, qatar, the uae, india, and south korea this week!” While ChatGPT has shocked the world with its capabilities, it has also given rise to arguments about safeguards around artificial intelligence. A recent case only added fuel to the fire ChatGPT was used to cheat in civil service exams in Telangana, India, potentially becoming one of the first instances in the country where AI has been used for cheating. Another case of cheating by students was revealed in the US.The OpenAI founder is expected to meet Prime Minister Modi and other top government officials in the country today, June 8. Speaking about...
Read More
From fast food to autos, India’s digitally connected users lure investors
3Apr By adminNo Comments
Technology

From fast food to autos, India’s digitally connected users lure investors

[ad_1] Mumbai resident Shivam Vahia cannot remember the last time he left home to shop. He spends about 30,000 rupees ($364) a month buying necessities like groceries, clothes and gadgets, all by tapping a few buttons on his mobile phone."My only offline spends are bars and restaurants, when I go to meet friends," said the 24-year-old engineering graduate. Vahia is one among India's young and aspirational 1.4 billion population, whose propensity for online spending has attracted global companies and digital platforms. And as private consumption underpins economic growth in India, financial investors are targetting new ways to tap into it. China saw a jump in consumption from 2006 when, as per World Bank data, its per capita gross domestic product (GDP) crossed $2,000. India crossed that...
Read More
PM Modi unveils Bharat 6G vision document; speed to be 1000x faster than 5G
23Mar By adminNo Comments
Technology

PM Modi unveils Bharat 6G vision document; speed to be 1000x faster than 5G

[ad_1] 5G services were launched in India in 2022, and now the government is focusing on providing 6G services to the people of the country. Prime Minister Narendra Modi on Wednesday, March 22 unveiled the 6G vision document of the country and launched 6G R&D Test Bed. He also stated that initiatives around 6G within six months of the 5G rollout shows India's confidence. Speaking at the inauguration of ITU Area Office and Innovation Centre in Delhi, PM Modi said, "Today we are talking about 6G only after 6 months of 5G rollout and this shows India's confidence. Today, we have also presented our vision document. This will become a major basis for 6G rollout in the next few years."PM Modi also stated that the 6G vision document will not only usher new energy in Digital India but also...
Read More
Ayushman Bharat Digital Mission crosses 1 cr digitally linked health records
25Sep By adminNo Comments
Technology

Ayushman Bharat Digital Mission crosses 1 cr digitally linked health records

[ad_1] Health Minister informed that Ayushman Bharat Digital Mission has crossed the landmark of 1 cr digitally linked health records. Union Health Minister Mansukh Mandaviya on Saturday stated that the country has achieved another milestone in its digital health journey. The Health Minister informed that Ayushman Bharat Digital Mission (ABDM) has crossed the landmark of 1 crore digitally linked health records with over 27 lakh records linked in a day. "India achieves another milestone in its digital health journey. Ayushman Bharat Digital Mission crosses the landmark of 1 crore digitally linked health records with over 27 lakh records linked in a day," tweeted Mandaviya. Meanwhile, Mansukh Mandaviya will inaugurate "A...
Read More