New Delhi, June 23 The adoption of artificial intelligence (AI) and data utilisation strategy can add $500 billion to India's GDP by 2025, a new Nasscom report showed on Thursday. The AI adoption in four key sectors -- BFSI, consumer packaged goods (CPG) and retail, healthcare, and industrials/automotive -- can contribute 60 per cent of the total $ 500 billion opportunity, according to "AI Adoption Index" Nasscom, EY and Microsoft, EXL and Capgemini. Though the current rate of AI investments in India is growing at a compound annual growth rate (CAGR) of 30.8 per cent and poised to reach $881 million by 2023, it will still represent just 2.5 per cent of the total global AI investments of $340 billion. This creates a massive opportunity for Indian enterprises to accelerate investments and adoption of AI to drive equitable growth across sectors. For India to achieve its $1 trillion GDP goal by FY 2026-2027, it needs to have a strong correlation to the maturity of AI adoption, the report noted.
New Delhi: Around 2018, the overall cost of generating electricity from Renewable sources (solar, wind) became cheaper than the traditional methods of electricity generation (coal, oil, gas, nuclear). More than half of new electricity generation capacity added in 2021 were Renewables, and at the same time, the amount electricity distribution grids were willing to pay per unit of Renewable energy began to drop significantly. Managing the accelerated growth in capacity, while driving down costs, has become a must for Renewable plants. Just as Renewable energy has grown in the last decade so has the field of Artificial Intelligence (AI). Traditional computing is software programmers creating algorithms, to solve for complex engineering problems.
New Delhi, June 4 (IANSlife) You've probably heard for years that the workforce would be supplanted by robots. AI has changed several roles, such as using self-checkouts, ATMs, and customer support chatbots. The goal is not to scare people, but to highlight the fact that AI is constantly altering lives and executing activities to replace the human workforce. At the same time, technological advancements are producing new career prospects. AI is predicted to increase the demand for professionals, particularly in robotics and software engineering. As a result, AI has the potential to eliminate millions of current occupations while also creating millions of new ones.
New Delhi, May 28 (PTI) An artificial intelligence-driven smartphone app has been launched by AIIMS-Delhi along with Nurithm labs, a start-up, to address the access and accuracy problems in clinical diagnosis of dermatological diseases, including skin and oral cancers. DermaAId, the skin disease diagnostic solution, uses a machine-learning AI-driven algorithm encapsulated in a mobile app and transforms a basic smartphone with a 1 MP camera into a potent tool in skincare, Dr Somesh Gupta, a Professor in the Department of Dermatology and Venereology at AIIMS, told PTI. For general practitioners, it is a clinical decision support tool to augment their capability and understanding of skin conditions. This is particularly relevant since studies have revealed that diagnostic accuracy among general practitioners vis-à-vis dermatologists is 40 to 50 per cent, Dr Gupta pointed out. "The technology behind the app is deceptively simple. A doctor takes a photo of lesions on a patient's body and uploads them to the cloud server. Within 15-30 seconds, the app provides possible disease conditions based on machine analysis of images," he explained.
New Delhi, May 4: As India prepares the next-generation of coders, Amit Kumar, a data scientist at cure.fit, won the virtual'HackerCamp'22' for his idea of bringing computer vision, sensors and AI-based Fitness solutions to mobile devices, its organisers said here on Wednesday. Healthcare technology company Innovaccer, along with Microsoft and conversational messaging platform GupShup, organised'HackerCamp'22' -- one of the largest coding events that brought together ideas ranging from Augmented Reality/Virtual Reality, Blockchain, Artificial Intelligence, big data analytics and more from over 50,000 coders. The winners received incubation opportunities, cash prizes and other packages worth more than Rs 12 Lakh. While Kumar won in the professionals' track category, the winner of the freshers' track was Vishwas Modi, a B.Tech student at LNMIIT, Jaipur, for his'intelligent yoga trainer' with Leaderboard. "HackerCamp'22 opens the path for the tech wizards of the new age, offering them a platform to demonstrate their innovative ideas," said Ankit Maheshwari, President, R&D and India operations at Innovaccer.
New Delhi, Apr 28 (PTI) Researchers at the Indian Institute of Technology (IIT) in Jodhpur have formulated a deep learning-based cataract detection method which is inexpensive and offers very high levels of accuracy. According to the research team, eye images acquired by low-cost near-infrared (NIR) cameras can aid in low-cost, easy-to-use and practical solutions for cataract detection. "The proposed multitask deep learning algorithm is inexpensive and results in very high levels of accuracy. This research presents a deep learning-based cataract detection method that involves iris segmentation and multitask network classification. The proposed segmentation algorithm efficiently and effectively detects non-ideal eye boundaries," said Richa Singh, Professor, Department of Computer Science and Engineering, IIT-Jodhpur.
At GoDaddy the future of work looks different for each team. Some teams work in the office full-time, others have a hybrid arrangement (they work remotely some days and in the office some days) and some work entirely remotely. This is an in office position. You'll eventually be expected to work full-time in our Delhi office. Due to COVID-19, you'll work remotely from day one until it's safe for you to return to the office.
New Delhi: The Madhya Pradesh government will start a course in Artificial Intelligence (AI) for students from class 8, which will be the first such initiative in the country, Chief Minister Shivraj Singh Chouhan said on Sunday. The government will also launch a veterinary telemedicine facility so that livestock keepers can get advice on the phone regarding diseases of cows and other animals. A similar facility will be launched for farmers so that they can consult experts over the phone regarding agriculture-related problems and diseases of crops, the chief minister told a press conference at Pachmarhi, the lone hill station in MP, located 210 km away from Bhopal. The two-day brainstorming session of the Madhya Pradesh cabinet held at Pachmarhi ended on Sunday. The state cabinet also took several other decisions including setting up Sanjivani clinics in urban areas and regarding transportation policy for rural areas.
New Delhi: Artificial intelligence (AI) is undoubtedly one of humanity's most innovative technologies today. Considering AI's capacity to totally alter and transform industries and organisations, everyone should be familiar with the fundamentals of this rapidly growing discipline and assess its significance toward their own life, career, and business. But where can you find accurate and reliable information and news on AI in India? The Indian government recognises and believes in the power and reach of artificial intelligence (AI) and thus created a dedicated AI platform in the country, 'INDIAai'. The Ministry of Electronics and IT (MeitY), the National e-Governance Division (NeGD), and the National Association of Software and Service Companies (NASSCOM) collaborated to bring the National AI site up, which can be accessed by all at indiaai.gov.in.