Tag: Artificial Intelligence

Omnissa believes that while traditional security models were built around people, agentic AI requires a different approach. (Official photo)
Posted in Business

Omnissa expands sovereign AI security push as enterprises confront agentic threats

At a time when cybersecurity and particularly the artificial intelligence (AI) driven paradigm of threats and defence are in the spotlight, Omnissa, a platform company…

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Ripik.ai in talks to raise Rs 150 crore from Gaja Capital
Posted in Startups

Ripik.ai in talks to raise Rs 150 crore from Gaja Capital

Noida-based startup Ripik.ai, which develops artificial intelligence-based vision systems to monitor and improve manufacturing operations, is in discussions to raise Rs 140-150 crore in fresh…

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The consultation paper, expected to form the foundation of India’s AI regulatory framework, would focus on safety, humanity, skilling, inclusivity, and risk mitigation. (REUTERS FILE PHOTO)
Posted in Business

As it readies AI consultation paper, MeitY weighs sector-specific approach

A consultation paper on artificial intelligence (AI) governance being drafted by the Ministry of Electronics and Information Technology (MeitY) would seek to balance broad oversight…

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The Nasdaq 100 fell 4% as weak tech results and AI spending concerns triggered a Wall Street selloff. (Unsplash)
Posted in Business

Nasdaq 100 falls nearly 4%, Intel shares tumble roughly 30% amid AI spending concerns

Wall Street stocks fell sharply on Friday as disappointing results from major technology companies raised fresh concerns about the money being poured into artificial intelligence…

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AI and data analytics to power next phase of government audits, says CAG
Posted in Economy

AI and data analytics to power next phase of government audits, says CAG

New Delhi: The next phase of audit will be characterised by deeper integration of technology, the Comptroller and Auditor General (CAG) of India has said….

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Dashverse: Dashverse shuts DashReels, seeks $40m for AI push
Posted in Startups

Dashverse: Dashverse shuts DashReels, seeks $40m for AI push

Peak XV Partners-backed Dashverse has discontinued its consumer microdrama platform, DashReels, and is looking to raise $30-40 million as it shifts its focus to selling…

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OpenAI plans to buy Google AI chips to expand computing capacity. (REUTERS)
Posted in Business

OpenAI plans to buy Google AI chips to expand computing capacity and strengthen AI infrastructure: Report

OpenAI plans to buy artificial intelligence (AI) computing chips from Google as it looks to increase its computing capacity and strengthen its AI infrastructure, according…

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Amazon has invested about $18 billion in Anthropic, while Google has invested around $23 billion, with both companies holding stakes in the AI startup. (REUTERS)
Posted in Business

Anthropic grows more reliant on Google, Amazon, Microsoft as cloud partnerships drive revenue, costs

Anthropic PBC is relying more and more on Alphabet Inc.’s Google, Amazon.com Inc. and Microsoft Corp. to sell its artificial intelligence technology to customers, despite…

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Anthropic has long raised the issue of governments using AI to create surveillance technology, and they note again in the filing. (Representative Image/Reuters)
Posted in Business

Anthropic’s IPO filing warns of catastrophic AI risks to humanity

In what is surely one of the wildest initial public offering (IPO) S-1 prospectuses of this decade, artificial intelligence (AI) company Anthropic has warned that…

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Honasa Consumer elevates Vipul Maheshwari to chief product & technology officer
Posted in Startups

Honasa Consumer elevates Vipul Maheshwari to chief product & technology officer

Honasa Consumer, the parent company of Mamaearth, has appointed Vipul Maheshwari as its chief product and technology officer (CPTO), the company informed the exchanges. He…

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