South Korea plans to triple its investment in artificial intelligence (AI) and implement its largest defence budget hike in six years, President Lee Jae Myung announced Tuesday during his annual address to parliament on the 2026 national budget. Lee revealed that 10.1 trillion won ($7 billion) will be allocated to AI initiatives as part of what he called “a major …
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The Unique Identification Authority of India (UIDAI) has set up a high-level expert committee to make Aadhaar technology future-ready, with focus on scalability, data security, and resilience against emerging cybersecurity threats, according to an official statement issued on Friday.The committee, chaired by UIDAI Chairperson Neelkanth Mishra, includes UIDAI CEO Bhuvnesh Kumar, Nutanix founder Dheeraj Pandey, MOSIP head of engineering Sasikumar …
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Anthropic, the artificial intelligence major behind coding assistant Claude, said it will open an office in Bengaluru in early 2026, expanding its global footprint as international demand for its models continues to rise. The Bengaluru centre will be its second office in Asia-Pacific after Tokyo, which opens later this year.The move follows the San Francisco-based startup’s broader global expansion plan, …
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The advancement of Artificial Intelligence (AI) in the last couple of months has shaped the way we work and the workplace in drastic ways. And one of the largest IT services company in India, Tata Consultancy Services (TCS) seems to be a proof of this. In August, TCS confirmed in a public statement that it had let go of 12,000 …
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Since the implementation of GST 2.0, the National Consumer Helpline (NCH) has received nearly 3,000 complaints related to the tax cuts, Consumer Affairs Secretary Nidhi Khare said on Monday.“Everyday, we are receiving complaints. So far, we have received close to 3,000 consumer complaints. We are sending them to the CBIC (Central Board of Indirect Taxes and Customs) for further action,” …
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After years of scepticism and branding Chinese stock markets as “uninvestable”, foreign investors are once again turning their attention to Chinese equities, betting on the country’s resilience in artificial intelligence, semiconductors and biotech as well as a growing need for diversification beyond US assets.Progress in China’s AI adoption, its push in semiconductors, and breakthroughs in biotech this year have reassured …
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Reliance Industries Ltd (RIL) on Friday announced a joint venture with social media major Meta, with an initial investment of about Rs 855 crore ($100 million), to build and scale artificial intelligence technology solutions for business organisations.RIL also unveiled a partnership with Google for artificial intelligence, aimed at setting up AI-ready data centres in India. While computing power will come …
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BENGALURU: Bengaluru-based Yali Capital has closed its debut deep tech-focused fund at Rs 893 crore (about $104 million), exceeding its original Rs 500 crore target and Rs 310 crore greenshoe option. The Sebi-registered Category II AIF plans to deploy the fund across early-stage and late-stage investments in sectors such as semiconductors, AI, robotics, aerospace and smart manufacturing.Founding Managing Partner Ganapathy …
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Nvidia has become the first company to cross the $4 trillion. But, there’s another technology company that may hit $4.5 trillion! (AI image) Nvidia has seen a meteoric rise – becoming the first company in the world to have a market capitalization of over $4 trillion. In fact there are only five economies in the world that have a GDP …
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Nextdoor CEO shares how the app is changing – CBS News Watch CBS News Neighborhood social network app Nextdoor is getting a redesign with some new features. Nextdoor CEO Nirav Tolia joins CBS News to discuss. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link
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