The Indian government has approved the National Quantum Mission with a budget ofapproximately $730 million from 2023 to 2031. The mission aims to foster quantum technologyresearch and development, supporting national initiatives like Digital India and Make in India.In January 2024, the mission issued a call for proposals, receiving 384 submissions from across thecountry. By September […]
Teleperformance, a global call center operator, is implementing artificial intelligencedeveloped by Sanas to neutralize Indian call center agents’ accents in real-time. This “accenttranslation” aims to improve customer interactions by reducing miscommunication, potentiallyshortening call durations and enhancing customer satisfaction.However, this technology raises concerns about cultural identity and bias against regional accents,as it homogenizes the speech of
Amazon Web Services (AWS) has announced an investment of approximately $8.2billion in the Indian state of Maharashtra over the coming years. This initiative aligns with India’sefforts to boost local cloud data storage, with the cloud services market projected to growsignificantly from $8.3 billion in 2023 to $24.2 billion by 2028. citeturn0news15The investment is expected to
India’s fashion and textile industry is poised for significant growth, with plans to tripleits value to $350 billion by 2030. This ambitious initiative includes creating 2.1 million jobs anddeveloping seven industrial “mega-parks.” However, this expansion must align with stringent globaland domestic sustainability goals, as the fashion sector worldwide faces increasing pressure toreduce greenhouse gas emissions.
Lloyds Banking Group is set to transfer hundreds of skilled IT jobs from the UK toIndia by the end of 2025, nearly doubling its tech workforce in India to 4,000. This strategic moveis part of the bank’s broader IT overhaul, aiming to digitize operations and reduce costs.Consequently, around 6,000 UK-based IT employees were notified that
Artificial Intelligence (AI) has been evolving rapidly, transforming industries and shaping our everyday lives. As we look ahead, several emerging trends promise to redefine AI’s capabilities and impact. From quantum AI to artificial general intelligence (AGI), here are some of the most exciting future trends in AI. 1. Quantum AI: Supercharging Machine Learning Traditional AI
