India Allocates $1.25B to ‘IndiaAI Mission’ for AI Development
The “IndiaAI Mission” has received an initial budget approval of 10,300 crore rupees ($1.24 billion) from the Union Cabinet, the highest governing body in India to support artificial intelligence (AI) ventures and innovations. The IndiaAI Mission aims to grant innovators, entrepreneurs, students, and academic institutions convenient nationwide access to computing power, an essential element for […]
Generative AI High School Teacher Resumes Job in India
An Indian high school in Kerala has appointed an artificial intelligence (AI) teacher equipped with an Intel processor who uses generative AI to deliver individualized instruction to the students. Concerns regarding the potential dominance of AI have escalated in tandem with technological advancements, putting writing, videography, and coding in jeopardy. Having been the first institution […]
India Urges Tech Firms to Get Approval Before Developing AI Tools
Tech companies developing new artificial intelligence (AI) tools were advised by the Indian government that such tools require government approval before being released to the public. As per the advisory issued by the IT Ministry of India on March 1, this sanction must be obtained before the public debut of AI tools deemed “unreliable” or […]
Mumbai Metaverse to Showcase City’s Infrastructure Megaprojects
The Mumbai Metropolis Metaverse aims to showcase recently initiated and forthcoming citywide infrastructure megaprojects while allowing citizens to monitor the progress of the projects virtually. The open-access platform known as the Mumbai Metropolis Metaverse enabled users to investigate a multitude of development endeavors in Mumbai and its neighboring cities through the utilization of virtual reality […]
Paytm Payments Bank Ban May Hurt Crypto Users in India
The RBI has imposed sanctions on the Paytm Payments Bank, banning it from accepting deposits or top-ups. This move could affect the crypto market in India, as Paytm is a popular mode of payment for crypto purchases. Crypto users may have to look for alternative payment methods and banks. The Paytm Payments Bank, a subsidiary […]