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Technology

The CEO of Flexport Foresees AI’s Revolutionary Effect on Global Supply Chains

Flexport CEO has made a bold statement about the future of artificial intelligence, emphasizing its potential to revolutionize global supply chains. According to the CEO, AI is set to bring unprecedented efficiencies and innovations to the logistics industry, addressing long-standing challenges and opening new opportunities for growth and optimization. This assertion comes at a time […]

Technology

Arm Projects 100 Billion AI-Capable Devices by 2025, Driving a Revolution in Technology

In a groundbreaking projection, Arm, the renowned semiconductor and software design company, has forecasted that a staggering 100 billion Arm-based devices will be primed for artificial intelligence (AI) integration by the conclusion of 2025. This ambitious estimation underscores the rapid proliferation of AI technology across diverse sectors, revolutionizing industries and redefining the boundaries of innovation. […]

Technology

Samsung India CEO Deliberates on AI Integration in Galaxy S24 Series: Striking the Balance Between Innovation, Privacy, and User Empowerment

With the introduction of Galaxy AI, Samsung has ignited a new wave of innovation in the smartphone arena, with the Galaxy S24 serving as a significant milestone in this AI revolution. TOI Tech recently engaged in a conversation with JB Park, President and CEO of Samsung India, to delve into Samsung’s approach to AI implementation […]

Business

Microsoft CEO Satya Nadella discusses an AI model used by an Indian farmer through OpenAI

Microsoft’s annual developer conference, Build 2024, served as a platform for unveiling groundbreaking advancements in artificial intelligence (AI), underscoring the tech giant’s commitment to innovation and global impact. Satya Nadella, Microsoft’s chairman and CEO, shared a poignant anecdote about encountering an Indian farmer whose life was transformed by technology, setting the stage for a series […]

Business

The guidance that Google CEO Sundar Pichai offers Indian software professionals in the AI era

The discussion between Sundar Pichai, CEO of Alphabet Inc., and Varun Mayya, founder of Aeos, delved into the transformative potential of Artificial Intelligence (AI) in India. This conversation occurred at Google’s headquarters shortly after the company’s annual I/O developer event, playfully referred to as “AI Coachella” by Mayya. Pichai highlighted India’s strategic position within the […]

News

BlackRock is discussing investments to fuel AI with governments

BlackRock CEO Larry Fink revealed on Friday that the asset management giant is engaging in discussions with various governments to explore ways to finance critical investments aimed at supporting artificial intelligence (AI) initiatives, particularly in bolstering power supply infrastructure. Speaking remotely at a meeting of the B7 business groups in Rome, which precedes the gathering […]

Startup

Giving voice to the deaf: How a Pune business is using AI to provide sign language

The statistics shared by the World Health Organization (WHO) paint a stark reality for millions of Indians grappling with auditory impairment. But amidst these challenges, a glimmer of hope emerges with the innovative solution crafted by Pune-based startup, Glovatrix. Led by a passionate team of three, including co-founders Parikshit Sohoni, Glovatrix is on a mission […]

Technology

AMD’s stock falls on in-line projection after the company says it will sell $4 billion in AI processors this year

Advanced Micro Devices (AMD) reported its first-quarter earnings and sales, slightly surpassing Wall Street’s expectations but met with a 7% drop in extended trading, painting a mixed picture for investors. Here’s a rundown of how they fared against consensus expectations: – Earnings per share: AMD posted 62 cents adjusted, just a notch above the 61 […]