New Delhi | 30-12-2023 | Updated IST 19:25 PM IFES, the newly launched International Federation of ESports, is set to become the official global governing body for all esports affairs, shaping the future of the esports landscape. The federation’s mission includes fostering critical skills in children through innovative initiatives, such as hackathons and online gaming, to cultivate problem-solving, creativity, and strategic thinking in the younger generation. IFES is on a mission to develop esports infrastructure, operate academies, and offer top-tier education, emphasizing the celebration of the universality of global esports…
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Google Contemplates Layoffs of 30,000 Employees as AI Enhances Operational Efficiency
Google is reportedly considering laying off 30,000 employees in its ad sales division. The restructuring is a response to Google’s exploration of AI applications for operational efficiency, raising concerns about job security in human-centric roles. Sean Downey, head of ad sales for major accounts in the US, mentioned in a recent meeting that Google plans to reorganize its ad sales team but did not explicitly address the possibility of layoffs. The Information reported that the integration of AI is expected to significantly impact the operational aspects, leading to potential job…
Read MoreIndia to Ban URLs of 9 Crypto Exchanges
The Financial Intelligence Unit (FIU) under the Indian Finance Ministry has issued a show cause notice to nine offshore cryptocurrency exchanges, urging the Ministry of Electronics and Information Technology (MeitY) to block their URLs in India. The move comes in response to alleged non-compliance with India’s anti-money laundering laws. Notable exchanges affected include Binance, Kucoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfenex. In a statement, the FIU disclosed that the action was part of a compliance drive against offshore Virtual Digital Assets Service Providers (VDA SPs) under Section…
Read MoreTop Challenges of AI in Healthcare: What Businesses Need to Resolve
Healthcare providers investing significantly in AI applications for disease diagnosis and enhancing patient care in recent times. The technology is undeniably at the forefront of transformative change in the industry. However, as businesses leverage AI for healthcare, they face substantial challenges that necessitate resolution. There are few key challenges surrounding the implementation of AI in healthcare and the imperative for businesses to address them. Objectives of AI in Healthcare Before dissecting the challenges, it’s crucial to understand the primary objectives of integrating AI into the healthcare sector. Increasing Effectiveness of…
Read MoreThe Big Promise AI Holds for Mental Health
As of 2019-20, over 50 million adults in the US, roughly a fifth of the population, experienced a mental illness, according to Mental Health America’s 2023 report. The crisis is further underscored by rising global mental health disorders, affecting at least 10% of the population. Suicide stands as the fourth leading cause of death among individuals aged 15 to 29. The economic burden of mental illnesses is projected to cost the world’s economy around $16 trillion between 2010 and 2030. The reasons behind the surge in mental health issues are…
Read MoreThe Growth of Artificial Intelligence (AI) in Healthcare
Artificial Intelligence (AI) has become an integral and expanding force, influencing various facets of daily life. One domain where AI is making significant strides is healthcare, particularly in diagnostics and treatment management. Contrary to concerns about AI surpassing human capabilities, substantial research indicates its potential to enhance clinical decisions, support human judgment, and improve treatment efficiency. An Increased AI Presence in Healthcare The integration of AI in healthcare is multifaceted, with applications ranging from web databases for diagnostics to the augmentation of clinical knowledge. While apprehensions persist about AI replacing…
Read MoreAI Helps Man Create Fake Voice Message of His Late Father on Christmas; Video Goes Viral
A 27-year-old man from the United States has utilized advanced technology to recreate his late father’s voice for a touching Christmas card tribute. Philip Willett, a content creator for The Content Guy, employed ElevenLabs’ text-to-speech software to generate a digital simulation of his deceased father’s voice, delivering messages of love and comfort to his grieving mother. The emotional video has since gone viral on TikTok, amassing over 5.6 million views, showcasing the intersection of technology and emotional connections. Philip’s father, John Willett, tragically succumbed to pancreatic cancer in 2022. Seeking…
Read MoreJio Partners with IIT-Bombay to Launch ‘Bharat GPT
Reliance Jio Infocom has joined forces with the Indian Institute of Technology-Bombay to introduce ‘Bharat GPT,’ a large-language model designed specifically for India’s unique needs. The announcement was made by Jio’s Chairman, Akash Ambani, at the IIT Bombay’s annual Techfest in Mumbai. Unlocking AI Potential for India’s Future Ambani shared exciting details about the project, stating, “We have been actively collaborating with IIT Bombay to unveil the Bharat GPT programme.” This initiative underscores Jio’s commitment to infuse artificial intelligence (AI) across its enterprise and diverse sectors. Ambani emphasized the transformative…
Read MoreAI and Crop Nutrient Management: Balancing Efficiency and Environmental Impact
As the world’s population continues its upward trajectory, so does the demand for agricultural products. In response to these escalating needs, farmers are turning to innovative approaches to enhance crop production. One area where technological advancements, particularly artificial intelligence (AI), are making significant inroads is in crop nutrient management. By harnessing the power of AI, farmers and agronomists can achieve a delicate equilibrium between maximizing efficiency and minimizing environmental impact, fostering sustainable agricultural practices. Artificial Intelligence’s Role in Crop Productivity Efficient nutrient management lies at the heart of crop productivity….
Read MoreAdani Enterprises’ Collaboration with Sirius International Holding
Adani Enterprises Limited, a prominent player in the Indian business landscape, has recently embarked on a strategic partnership with Sirius International Holding, a subsidiary of International Holding Company (IHC). This collaboration aims to delve into the transformative realms of artificial intelligence (AI), the Internet of Things (IoT), and blockchain technology. The result of this venture is the establishment of Sirius Digitech International Limited, headquartered in Abu Dhabi. Sirius holds the majority ownership with 51%, while Adani possesses 49% of the venture, positioning it as a key player in leveraging advanced…
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