ambani
Nine coal miners die in gas explosion in Colombia
Nine people have died in an explosion at a coal mine in Colombia in the latest fatal accident to hit the country's mining sector. Emergency workers said they had rescued six miners from the shafts in Sutatausa, north of the capital, Bogotá. Colombia's national mining agency said a build-up of gases was thought to have caused the explosion at 16:00 (21:00 GMT) on Monday. It also published a list of recommendations it said it had made to the mine's operators after an inspection less than a month ago, in which it had warned of a potentially dangerous gas build-up. Many mines in Colombia are operated informally and without proper safety standards.
India Is Emerging as a Key Player in the Global AI Race
As Asia's richest man, Mukesh Ambani, addressed his shareholders during a much-anticipated yearly address last Thursday, he also unveiled "JioBrain," a suite of artificial intelligence (AI) tools and applications that he says will transform a spate of businesses in energy, textiles, telecommunications and more that form his multinational conglomerate, Reliance Industries. "By perfecting JioBrain within Reliance, we will create a powerful AI service platform that we can offer to other enterprises as well," Ambani said during his speech. The Reliance Chairman's latest offering comes as India emerges as a crucial player in the global AI ecosystem, boasting a high-powered IT industry worth 250 billion, which serves many of the world's banks, manufacturers and firms. As the world's most populous country, India also has a robust workforce population with nearly 5 million programmers at a time when AI talent is in short supply globally, with analysts predicting that India's AI services could be worth 17 billion by 2027, according to a recent report by Nasscom and BCG. Puneet Chandok, the President of Microsoft India & South Asia, points to research that finds India has one of the highest AI adoption rates among knowledge workers, with 92% using generative AI at work--significantly higher than the global average of 75%.
AI Startup Two Platforms Snags $15M Investment
Silicon Valley artificial intelligence (AI) startup Two Platforms (TWO) was backed with a $15 million investment from India's Jio Platforms in exchange for a 25% stake in the company on a fully diluted basis, according to a blog post from TWO on Wednesday (Feb. TWO, founded by Pranav Mistry in July, focuses on building interactive and immersive AI experiences. TWO is moving towards what it believes is the next chapter of AI following text and voice -- visual and interactive. A pioneer in the fields of robotics, augmented reality (AR) and virtual reality (VR), Mistry was most recently the president and CEO of Samsung Technology and Advanced Research. See also: India's Quick Commerce Startup Dunzo Raises $240M Led by Reliance Jio, led by Mukesh Ambani, is a subsidiary of Reliance Industries and is striving to transform digital services in India.
For Mukesh Ambani, AI is indispensable to India's "digital destiny" – IAM Network
After telecom and e-commerce, India's richest man has now put his weight behind artificial intelligence (AI).Mukesh Ambani, chairman of India's most valued private company Reliance Industries, believes that AI is "indispensable" to India for achieving its "digital destiny.""The The business has attracted investors such as Facebook and Google, which are considered pioneers in AI.Ambani's data and AI playCalling them a part of a "fourth industrial revolution," Ambani said technologies such as AI could help achieve a "strong, sustainable, and equitable new India."This is ironic, given the fact that …
AI will help everyone, says Akash Ambani - ET CIO
BENGALURU: Building on a foundation of excellence and affordability, Reliance Jio is seeing a rapid convergence of physical, distributional and geographical growth, said Akash Ambani, chief strategy officer, Reliance Jio Infocomm, at the third-annual conference of IIM Bangalore alumni on Friday. Ambani said the company has been a disruptor in the telecom space. "It is my firm belief that in the next two or three decades, we as a civilisation will achieve more than what it has achieved in the last 100 years," said Ambani. Ambani said we are in the age of super intelligence - machine intelligence, artificial intelligence. "Many say that machine learning is evil as it will replace humans. In my opinion, machines can prove highly beneficial. We will not be seeking to replace human effort; but to amplify it with intelligence," he said.