The increasing use of artificial intelligence (AI) and machine learning (ML) in the global financial sector could pose significant risks to financial stability if not properly managed, according to Shaktikanta Das, the Governor of the Reserve Bank of India (RBI). Speaking at an event in New Delhi on Monday, Das emphasized the need for banks to adopt strong risk mitigation ...

In a strategic move that underscores the intensifying competition in the artificial intelligence (AI) chip sector, Advanced Micro Devices (AMD) is set to unveil a new lineup of AI processors during an upcoming data center event in San Francisco. This announcement aims to strengthen AMD’s position as a formidable supplier of AI chips in a market that has been predominantly ...

Artificial intelligence (AI) governs all that come under “smart technology” today. From self-driving cars to voice assistants on our smartphones, AI has ubiquitous presence in our daily lives. Yet, it had been lacking a crucial feature: the ability to engage human emotions. The scenario is quickly changing, however. Algorithms that can sense human emotions and interact with them are quickly ...

As artificial intelligence (AI) is entering all office systems, nearly 50 per cent of recruiters believe that it will become a regular part of their hiring process in the coming years, said a report by chat-based direct hiring platform Hirect. A whopping 96.5 per cent of recruiters at Indian startups and small and medium enterprises (SMEs) in India believe that ...