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Midcaps brave IT winter better than big firms

Despite a few companies like Happiest Minds and Mphasis missing estimates due to wage hikes and sustained pressure on the BFSI segment, analysts see the midcap segment continuing to end the fiscal on a strong note.

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India clear about how to mitigate downsides of AI: MoS Rajeev Chandrasekhar at AI summit

He presented his views on AI and policy surrounding the technology in a round-table discussion, “What should National Policymakers do?”.

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Britain to invest 300 million pounds in AI supercomputing

Britain said on Wednesday it would boost funding for two supercomputers which will support research into making advanced artificial intelligence models safe.

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RBI issues rules to regulate cross-border payment aggregators

The central bank sad that non-banks that provide cross-border payment aggregator (PA) services will have to apply for an authorisation from the regulator by April 30, 2024.

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ONDC seller apps seek unique ID for network’s vendors

Seeing the same store being listed multiple times on the buyer app is not a great experience from a user perspective, they say.

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Biden administration aims to cut AI risks with executive order

The order, which he signed at the White House, requires developers of AI systems that pose risks to US national security, the economy, public health or safety to share the results of safety tests with the US government, in line with the Defense Production Act, before they are released to the public.

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Google's Sundar Pichai says tech giant has improved the web for all consumers

Testifying on Monday in Google's landmark antitrust trial, Pichai directly contradicted the Justice Department's claims that his company's huge payments to companies such as Apple to be the default internet search option on their popular devices represent its unchecked monopoly power.

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