AI – Page 25 – Dnyan pravah news

Unlocking wealth: AI and blockchain solutions for unclaimed asset recovery

adminJuly 22, 202408 mins

These assets, which include uncollected shares, dividends, mutual funds, and more, pose a substantial burden that is made worse by problems like insufficient knowledge, out-of-date information, and ineffective administrative procedures. Notwithstanding these obstacles, nascent technologies such as blockchain and artificial intelligence (AI) have prospects for expediting the detection and retrieval of these misplaced assets. This…

SIMBA, the new AI-powered tool adopted by Nagpur police for crime detection. All you need to know

adminJuly 18, 202404 mins

The police in Nagpur have launched Artificial Intelligence (AI) – powered solution, SIMBA, to enhance the law enforcement capabilities in the city. The solution is developed by Gurugram-based start-up, Staqu Technologies, in collaboration with Nagpur police. What is SIMBA? The System Integrated for Monitoring and Big-data Analysis or SIMBA is an advanced generative AI-powered tool…

AI can predict tipping points before they happen

adminJuly 18, 202407 mins

ANYONE CAN spot a tipping point after it’s been crossed. Also known as critical transitions, such mathematical cliff-edges influence everything from the behaviour of financial markets and the spread of disease to the extinction of species. The financial crisis of 2007-09 is often described as one. So is the moment that covid-19 went global. The…

Airlines, airports eye AI-led solutions to make air travel stress-free: SITA

adminJuly 17, 202405 mins

Air travel can be exhausting and frustrating at times, especially on international routes. The documentation list can be endless, especially if one is transiting via one or more countries. Aviation technology service provider SITA believes this is likely to change significantly. “On a five-year horizon, we would have reduced 50-60% of that stress level. We…

‘India is uniquely positioned to drive the next generation of AI innovation’: Google DeepMind’s Ajjarapu

adminJuly 17, 2024014 mins

In an interview on the sidelines of the Google I/O Connect held in Bengaluru on Wednesday, Ajjarapu reasoned that with its largest mobile-first population, micro-payment and digital payment models, a booming startup and developer ecosystem, and diverse language landscape, “India is uniquely positioned to drive the next generation of AI innovation.” In India, Google works…

AI will transform the world in ways we can’t yet imagine

adminJuly 17, 202408 mins

At the dawn of the internet, nothing in economic or technological history could have prepared us for the changes it wrought. Similarly, the advent of Apple’s iPhone redefined the mobile phone industry, rendering previous market leaders obsolete. Today, we stand at another such inflection point. In 2022, Generative AI, or GenAI, a narrow neural network…

Raising funds for education in budget may solve employment issues

adminJuly 17, 202406 mins

Mumbai: The government will need to inject more funds in the education sector to bring in more public-private partnerships, encourage apprenticeship programmes, establish centres which are focused on crucial skillsets like AI and rollout better infrastructure for a stronger impact of the National Education Policy. “The current 3.5% of GDP spending will not be sufficient…

Indian banks deploy tech tools to counter mule accounts

adminJanuary 1, 197008 mins

Mule accounts, so named because they act as conduits for sending and receiving funds that do not belong to the bank account holder, usually remain dormant but can see a sudden spurt in typically low-value, high-volume transactions. The Reserve Bank of India (RBI) has urged banks to keep a close watch on such accounts. RBI…