When it comes to the future of intelligent robots, the first question people ask is often: how many jobs will they make disappear? Whatever the answer, the second question is likely to be: how can I make sure that my job is not among them? A team of EPFL roboticists and economists from the University of Lausanne just published a study in Science Robotics that answers both questions. They developed a method to calculate which of the already existing jobs are more likely to be performed by machines in the…
Read MoreCategory: People
people
SaaS startup Everstage raises $13M in a Series A round
Everstage, a software-as-a-service (SaaS) company based in Chennai and Delaware that offers a modern sales commission management platform, has raised $13 million in a Series A round headed by Elevation Capital and current investor 3one4 Capital. Everstage is a sales commission management platform that automates sales commission processes in companies to drive the performance of their customer executives. It was founded in 2020 by Siva Rajamani and Vivek Suriyamoorthy. Everstage will use this amount of funding to extend its client services globally by growing its sales, engineering, and solutions teams….
Read MoreIndian startup ecosystem gains global recognition: Ashwini Vaishnaw
The Indian startup ecosystem has gained global recognition and respect, Minister for IT and Communications Ashwini Vaishnaw said on Thursday, exhorting the startups and entrepreneurs to develop inclusive new-age solutions to improve the lives of the poor and marginalized. The minister referred to startups as “accelerators,” saying that the combination of their multiplier effect and the strength of a trustworthy post office network may produce remarkable outcomes in terms of financial inclusion goals. “Understand the gravity of the convergence of humanity and technology…keep the bottom of the pyramid in mind…
Read MoreWhat SenseTime offered at World AI cannes festival?
SenseTime, a Hong Kong-based AI company, gave a keynote titled “AI for a better tomorrow” at this year’s World AI Cannes Festival(WAICF). The keynote was given by George Huang, President of SenseTime’s International Business Group, who demonstrated how the company is using AI technology in fields such as mixed reality, mobility, city management, and healthcare. “There has been massive market demand for AI computing services, as the digitalisation of cities and enterprises expand, along with the accelerated development of the metaverse and autonomous driving,” said Huang. “We are committed to…
Read MoreThe best AI, Big data conferences of 2022
Attending conferences on AI, big data, and machine learning allows you to learn about the most recent advancements and accomplishments in these technologies, which will likely take too long and effort to research and understand on your own. And you get it from keynote speakers who are experts in their fields—information that you can apply to your career. These events give you the opportunity to improve your skills in these areas while interacting with others who have similar interests and can help you in addressing challenges. On that end, FutureTech…
Read MoreIndia’s aim is to become world’s largest startup destination: Piyush Goyal
India aspires to become the world’s largest startup ecosystem, Commerce and Industry Minister Piyush Goyal said. Addressing a session on “Gateway to Growth – Roundtable on Indian Startup Ecosystem” in Abu Dhabi, he said: “Today we are the third largest startup ecosystem, but our aspiration is to be the world’s number one startup destination,” as per an official statement. “The startup bug has caught India’s imagination. The entire innovation ecosystem that the startup industry represents is giving a new direction, new momentum to India,” he said, as per the Commerce…
Read MoreArtificial Intelligence Could Be Used for Early Resolution of Matters: NCLT President
New age technology like as Artificial Intelligence (AI) could be employed for early resolution of situations, including insolvency proceedings According to National Company Law Tribunal President Justice Ramalingam Sudhakar, According to a statement released by NCLT, Justice Sudhakar noted that AI can be employed in case of resolution, particularly in the admission of cases, while speaking at a national-level colloquium of the NCLT. “One aspect for early resolution is the development of Artificial Intelligence technology, he said.We are focusing on leveraging artificial intelligence and standardisation of processes. This will help…
Read MoreFounders of autonomous vehicle startup Ati Motors step down over ‘difference
Vinay V and Saad Nasser, two of the three co-founders of Ati Motors, a startup that built the country’s first autonomous cargo vehicle, have resigned. They have both resigned from their posts as Chief Scientific Officer and Chief Technology Officer. Nasser, a child prodigy, is the winner of the Intel IRIS award. He co-founded Ati when he was 14. Vinay cited “differences with management about the advancement of technology in the organisation” as the reason for his departure. Vinay is an adjunct faculty member at the Chennai Mathematical Institute and is a…
Read MoreIndia to develop its own mobile OS like Android and iOS, says Union Minister
If you have a smartphone, it is likely that it runs on Android or iOS. In the smartphone software ecosystem, there is a duopoly between Google and Apple, which not only other firms, such as Microsoft but also governments of many nations have pushed to break. The Indian government is considering developing its own mobile operating system in order to compete with both Google and Apple. As per Rajeev Chandrasekhar, Minister of State for Electronics and Information Technology, the government intends to build an environment for the development of an alternative…
Read MoreUkraine invasion sets back Musk’s dream for cheaper EVs, for now
Rising material costs, worsened by Russia’s invasion of Ukraine, might put Tesla CEO Elon Musk and other auto executives’ plans to roll out more cheap electric vehicles on hold. According to Gregory Miller, an analyst at industry forecaster Benchmark Mineral Intelligence, rising prices of nickel, lithium, and other materials threaten to slow or even reverse the long-term trend of falling costs of batteries, the most expensive part of EVs, impeding broader adoption of the technology. That’s on top of a supply chain already clogged by the COVID-19 outbreak and a…
Read More