Making payment for purchases is undergoing a transformation and it is driven by the relentless pursuit of convenience, security and speed. Digital payments are rising and projected to hit $11.53 trillion globally in 2024. It is more fascinating how technologies like blockchain and artificial intelligence (AI) are redefining the payment systems. The rise of contactless […]

Artificial intelligence (AI) is gradually becoming more embedded in our daily lives and the insatiable hunger of the tech industry for data has reached new heights. AI-powered search engines, chatbots, smart email tools and more such systems rely on massive datasets to learn and improve. A large portion of the data is being extracted from […]

The Comptroller and Auditor General (CAG) of India lately announced plans to develop an Artificial Intelligence (AI) system for audit reports. It will be an important change in public audits segment. Using AI in the audit process makes sense and it is important for the CAG to handle the increasing complexity of financial oversight. Public […]

Airtel has lately launched an AI-powered spam detection system and this is believed to be a significant step forward in addressing spam calls as well as unwanted messages issue. It is a free system and promises to alert users in real time about suspected spam. It is believed to be a breath of fresh air […]

The legal industry is now at an important moment with the rise of AI-powered solutions. Harvard-based startup Jhana is leading the charge. It has raised $1.6 million in seed funding led by influential figures like Girish Mathrubootham of Freshworks and Manav Garg of Eka Software through Together Fund. AI has potential and can reshape the […]

India’s Digital Personal Data Protection (DPDP) Act was passed last year and it marked an important step forward in safeguarding privacy of citizens. The rules are yet to be notified, but Global tech giants represented by the Information Technology Industry Council (ITIC) believe that India is at a crossroads. The core aim of DPDP Act […]

Princeton Digital Group (PDG) has announced a significant expansion in India. The prominent data center provider is committing investment of about $1 billion to develop AI-driven data centers. The investment forms part of its broader $5 billion initiative that is aimed at building AI-ready data centers across Asia. Its total data center capacity in India […]

Artificial intelligence (AI) is becoming more common in businesses and simultaneously the adversarial AI attacks are also becoming a serious threat. The attacks target weaknesses in AI models and are growing in frequency as well as in sophistication. Recent reports paint a concerning picture. A study by HiddenLayer found that 77% of companies have experienced […]

Artificial Intelligence (AI) has become one of the most transformative technologies in modern industries and the payment sector is no exception. Fintech companies, startups and even traditional players are now focusing on using AI to enhance transaction speed, improve security and deliver personalized user experiences. Businesses today are looking for ways to make transactions smoother, […]

Alibaba is planning big in the artificial intelligence (AI) sector. It has lately announced the release of new open-source AI models and text-to-video technology. The move signals the commitment of the company to compete in the rapidly growing generative AI sector. The new models are part of Qwen 2.5 family of Alibaba. It comes in […]