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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The company is targeting Indian startups with its AI Innovate programme.
Editor's note: Let me start this edition of Oversize with a legendary quote by the late physicist Stephen Hawking. “Success in creating effective AI could be the biggest event in the history of our civilization. Or the worst. We just don’t know. So we cannot know if we will be infinitely helped by AI, or ignored by it and side-lined, or conceivably destroyed by it,” Hawking had said at the Web Summit tech conference in Lisbon, Portugal, in 2017. Hawking had suggested cautious and effective management of the technology to avoid potential risks in the future. His apprehension was not unfounded. Artificial intelligence (AI) has revolutionized technology and, by extension, almost all industries. And it has become part of our daily lives. But harness it well and it can shape the future and take humanity where it has never been before. Sample this: since its inception in October 2018, AskDISHA—the AI-powered chatbot by Indian Railway Catering and Tourism Corporation (IRCTC)—has handled over 10 billion interactions, and customer queries across other channels like social media, phone calls and emails have been reduced by …
TCS CEO Krithivasan’s stunning disclosure lays bare a bind: AI is forcing IT services giants to give away a chunk of renegotiated contract value, even as new revenue remains lumpy and uncertain.
India’s leading tech hardware distribution company is making the most of the unprecedented rise in global prices of laptops and other tech hardware. There’s just one problem.
The Abu Dhabi investment firm just upped the AI stakes, private debt in the Gulf is having its moment in the sun, and other updates from this week.
