SEBI is acquiring capabilities to monitor and analyse social media posts to keep a tab on possible market manipulations, its Chairman Ajay Tyagi said on Thursday. He said the capabilities will involve use of artificial intelligence, machine learning, big data analytics and natural language processing tools to spot market manipulation. The new plan involves creating a "data lake" project to augment analytical capabilities, he said while speaking at the Speaking at the National Institute of Securities Markets at Patalganga near here. In efforts to curb possible manipulations in the securities market, SEBI has been keeping a watch on social media and there have been cases where social media posts have helped in acting against manipulative activities. "Catching malpractices in the market using the standard tools that analyse only structured data of price and volume is increasingly getting difficult," Mr. Tyagi said.

The Weather Company, an IBM Business, sets great by store by Artificial Intelligence (AI) which can be a game-changer in tracking/forecasting weather events in the context of climate change/global warming. It's being governed by the same factors today and tomorrow," explains Kevin Petty, Director, Science and Forecast Operations at The Weather Company, What we need to recognise here is that weather in different parts of the world will change from what it has been and that could mean more severe thunderstorms or precipitation events than in the past. "I guess we have generally done well in the past, but we need to do is to do a better job of capturing such events so that we can better inform our clients," Petty told BusinessLine in an exclusive chat in New Delhi recently. The Weather Company is launching later this year the Global High-Resolution Atmospheric Forecasting System (GRAF) model capable of predicting a thunderstorm virtually anywhere on the planet every hour. "We're looking to see how best we can capture these high impact events, thunderstorms or tropical cyclones or what have you," he said in response to a question on harsh monsoon events in India in 2018 and 2019.

When we talk about so-called emerging or future technologies, artificial intelligence quickly comes to mind. After all, AI is predicted to impact nearly all the jobs in the not-so-distant future. But while many people are fearful about the concept of AI they don't need to be, as Al is not really capable of imitating the human behavior. AI is also not just for large organizations. So let's take a look at the ways we can incorporate AI to efficiently run our business on a small scale.