President Donald Trump signed an executive order establishing the "Genesis Mission," a national initiative to harness AI for scientific breakthroughs, comparing its scope to the Manhattan Project that produced the atomic bomb during World War II.

Trump Signs Order To Launch "Genesis Mission" To Speed Up AI-Driven Research

AI is transforming fighter aircraft design by testing millions of concepts in hours, cutting weight by up to 50%, predicting material failure, speeding up aerodynamics, and allowing designs no human pilot could endure.


AI is transforming fighter aircraft design by testing millions of concepts in hours, cutting weight by up to 50%, predicting material failure, speeding up aerodynamics, and allowing designs no human pilot could endure.

How AI is reshaping high-G design for next-gen fighter jets

China is making a big play in the global race for technology talent. Beijing has unveiled the new K-Visa programme... Designed to attract highly skilled workers from around the world as the country pushes to close a widening tech skills gap. The move comes as china accelerates efforts to compete with the US. In artificial intelligence, semiconductors and next-generation computing. But experts say visas alone might not be enough.

China: K-Visa Targets AI, Robotics, Chip Design & Biotech Experts

Nvidia shares surged on news of developments in its AI chip business but ultimately closed down 1% on Friday. The volatility reflects investor excitement over artificial intelligence growth potential, tempered by profit-taking and market caution. Analysts continue to monitor Nvidia’s performance as AI-driven demand shapes the semiconductor sector and broader tech market trends.


Nvidia Jumps on AI Chip News But Closes Down 1% Friday 

Analysts are warning that Thursday’s plunge in AI-related stocks marks the collapse of a modern “AI Ponzi scheme” — suggesting that hype, not fundamentals, fueled recent surges.

Analysts Call Thursday's Move As Collapse of AI Ponzi Scheme

Scientists have built a digital cortex so lifelike it behaves like a real brain. Neurons fire, circuits connect, thoughts emerge. Explore how this supercomputer-powered marvel could transform medicine, AI, and the future of the human mind.

Scientists Take First Step to Unravel Human Mind's Full Potential

Microsoft made it easier for corporate workers to make AI agents that go off and do work. Now it’s demonstrating a tool that IT specialists can use to see and manage those agents.

The software, named Agent 365, provides a list of artificial intelligence agents inside companies’ systems, even if they’re from other companies, Microsoft announced Tuesday. The company will present the product to business leaders and information technology practitioners at its Ignite conference in San Francisco this week.

Microsoft Unveils Tool to Help Companies Control, Track AI Agents |

A new study reveals that humans can no longer reliably distinguish AI-generated music from songs created by real musicians. Advances in artificial intelligence have made AI music increasingly realistic, raising questions about creativity, copyright, and the future of the music industry. Experts warn that as AI technology evolves, distinguishing human artistry from machine-generated content will become even more challenging.


Humans Can No Longer Tell AI Music from the Real Thing: Study

From its primitive days of bartering, the financial industry has gone through a long and winding transformation process, to coins, then paper, and finally to today's up-to-the-minute technology. AI has surely implanted itself in the finance industry as well, wherever financial technology changes people's interaction with money. The technophile and finance-knowledgeable Adarsh Naidu is one person who has been ruminating about the topic of money and AI throughout his time.Adarsh, throughout his professional journey, has been a commissioner in the deployment of AI and machine learning at different globally renowned companies. Among the various benefits he has brought are the making of fraud detection systems, the providing of blockchain-based audit solutions, and the building of AI infrastructure that is recognised by both AWS and Google. Moreover, he has worked as an advisor by partnering with Fortune 500 corporations on the ethical use of AI.The numbers speak for the impact of his work: not only did Adarsh's association with AI-based models lead to a 40 per cent reduction in fraudulent transactions, but also, the customer dispute resolutions got automated by 70 per cent, saving the firm $10 million annually. Besides, the predictive analytics models, under his supervision, reached a 25 per cent enhancement in loan approval accuracy, thus supporting lenders in risk management and faster service provision to consumers.One of his major projects is the development of an AI-based fraud detection system that is capable of processing more than $50 billion in transactions annually. In addition, the development of a blockchain solution for instant and traceable international payment transfers was another important project of which later a global bank successfully implemented. Adarsh was also involved in the creation of a generative AI tool for compliance management, which later resulted in a 60 per cent decrease in the manual audits needed.

Adarsh, throughout his professional journey, has been a commissioner in the deployment of AI and machine learning at different globally renowned companies.

From its primitive days of bartering, the financial industry has gone through a long and winding transformation process, to coins, then paper, and finally to today's up-to-the-minute technology. AI has surely implanted itself in the finance industry as well, wherever financial technology changes people's interaction with money. The technophile and finance-knowledgeable Adarsh Naidu is one person who has been ruminating about the topic of money and AI throughout his time. Adarsh, throughout his professional journey, has been a commissioner in the deployment of AI and machine learning at different globally renowned companies. Among the various benefits he has brought are the making of fraud detection systems, the providing of blockchain-based audit solutions, and the building of AI infrastructure that is recognised by both AWS and Google. Moreover, he has worked as an advisor by partnering with Fortune 500 corporations on the ethical use of AI. The numbers speak for the impact of his work: not only did Adarsh's association with AI-based models lead to a 40 per cent reduction in fraudulent transactions, but also, the customer dispute resolutions got automated by 70 per cent, saving the firm $10 million annually. Besides, the predictive analytics models, under his supervision, reached a 25 per cent enhancement in loan approval accuracy, thus supporting lenders in risk management and faster service provision to consumers. One of his major projects is the development of an AI-based fraud detection system that is capable of processing more than $50 billion in transactions annually. In addition, the development of a blockchain solution for instant and traceable international payment transfers was another important project of which later a global bank successfully implemented. Adarsh was also involved in the creation of a generative AI tool for compliance management, which later resulted in a 60 per cent decrease in the manual audits needed.

Adarsh, throughout his professional journey, has been a commissioner in the deployment of AI and machine learning at different globally renowned companies.

Can AI be trusted with your money? The drive to implement smarter and safer financial technology using AI

AI is set to replace many jobs soon, from content writers to project managers. Explore which 7 careers face the most risk as automation takes over routine tasks. Stay informed about AI’s impact on work.

AI is set to replace many jobs soon, from content writers to project managers. Explore which 7 careers face the most risk as automation takes over routine tasks. Stay informed about AI’s impact on work.

7 jobs that AI might replace sooner than you think

Artificial Intelligence (AI) and big data are changing warfare forever. by speeding up intelligence processing, improving decision-making, and enhancing surveillance. These tools make armies smarter and faster but require careful control. 


Artificial Intelligence (AI) and big data are changing warfare forever. by speeding up intelligence processing, improving decision-making, and enhancing surveillance. These tools make armies smarter and faster but require careful control.&nbsp;

How AI and big data are transforming the battlefield

Artificial intelligence can transform the search for alien life. It can spot unusual signals, decode strange patterns, and may one day help us speak with extraterrestrial life. Scientists say advanced AI could be key to first contact 

Artificial intelligence can transform the search for alien life. It can spot unusual signals, decode strange patterns, and may one day help us speak with extraterrestrial life. Scientists say advanced AI could be key to first contact&nbsp;

Will advanced AI help us connect with aliens?

In a shocking case highlighting the growing menace of AI-driven cybercrime, a 19-year-old student from Faridabad, Haryana, died by suicide after being allegedly blackmailed with obscene, AI-generated visuals of his sisters. The victim, Rahul Bharti, a second-year student at DAV College, had reportedly been under severe stress for nearly two weeks. According to his father, Manoj Bharti, unknown individuals hacked Rahul’s phone and used artificial intelligence tools to fabricate explicit photos and videos of him and his three sisters. These fake visuals were then used to threaten and extort money from him.&nbsp;"Someone sent obscene photos and videos of my daughters to Rahul and threatened to make them public. He was deeply disturbed and eventually took poison due to this harassment,” his father was quoted as saying. Investigations revealed that Rahul had been communicating with a man identified as ‘Sahil’ on WhatsApp. Chats between the two showed repeated calls, video exchanges, and a demand for ₹20,000. In one of the final messages, the accused threatened to release the fabricated visuals online if Rahul failed to pay. He also allegedly provoked Rahul to end his life, even describing harmful substances that could cause death.&nbsp;Also Read: <a href="https://www.wionews.com/india-news/2020-delhi-riots-case-supreme-court-to-hear-bail-pleas-of-umar-khalid-sharjeel-imam-on-october-31-1761550510289">2020 Delhi riots case: Supreme Court to hear bail pleas of Umar Khalid, Sharjeel Imam on October 31</a>&nbsp;On Saturday evening, Rahul reportedly consumed tablets in distress. When his condition deteriorated, his family rushed him to a nearby hospital, but he succumbed during treatment. The family also named another suspect, Neeraj Bharti, who allegedly spoke to Rahul hours before his death. Rahul’s mother, Meena Devi, accused Neeraj, her brother-in-law—of involvement, claiming that he and a woman conspired in the blackmail.&nbsp;Following the family’s complaint, police have registered a case against two individuals. “We have initiated a detailed investigation. Rahul’s phone has been seized for forensic analysis, and appropriate legal action will follow,” said investigating officer Sunil Kumar.

How obscene AI videos led to tragic death of 19-year-old in Haryana

In a shocking case highlighting the growing menace of AI-driven cybercrime, a 19-year-old student from Faridabad, Haryana, died by suicide after being allegedly blackmailed with obscene, AI-generated visuals of his sisters. The victim, Rahul Bharti, a second-year student at DAV College, had reportedly been under severe stress for nearly two weeks. According to his father, Manoj Bharti, unknown individuals hacked Rahul’s phone and used artificial intelligence tools to fabricate explicit photos and videos of him and his three sisters. These fake visuals were then used to threaten and extort money from him. "Someone sent obscene photos and videos of my daughters to Rahul and threatened to make them public. He was deeply disturbed and eventually took poison due to this harassment,” his father was quoted as saying. Investigations revealed that Rahul had been communicating with a man identified as ‘Sahil’ on WhatsApp. Chats between the two showed repeated calls, video exchanges, and a demand for ₹20,000. In one of the final messages, the accused threatened to release the fabricated visuals online if Rahul failed to pay. He also allegedly provoked Rahul to end his life, even describing harmful substances that could cause death. Also Read: 2020 Delhi riots case: Supreme Court to hear bail pleas of Umar Khalid, Sharjeel Imam on October 31 On Saturday evening, Rahul reportedly consumed tablets in distress. When his condition deteriorated, his family rushed him to a nearby hospital, but he succumbed during treatment. The family also named another suspect, Neeraj Bharti, who allegedly spoke to Rahul hours before his death. Rahul’s mother, Meena Devi, accused Neeraj, her brother-in-law—of involvement, claiming that he and a woman conspired in the blackmail. Following the family’s complaint, police have registered a case against two individuals. “We have initiated a detailed investigation. Rahul’s phone has been seized for forensic analysis, and appropriate legal action will follow,” said investigating officer Sunil Kumar.

A 19-year-old student in Faridabad died by suicide after being blackmailed with AI-generated obscene videos of his sisters. Police investigations are ongoing

As artificial intelligence continues to infiltrate daily life, it's now making its mark on religious practices, offering guidance, support, and sometimes even becoming a spiritual middleman. In India and globally, AI chatbots like GitaGPT are providing virtual connections to divine teachings, influencing how people seek answers to life's deeper questions. As AI becomes more integrated into religious practices, it’s transforming how worshippers around the world engage with their faith. Hinduism, in particular, with its rich history of tangible representations of gods, is embracing AI in unique ways. AI versions of various deities, trained on Hindu scriptures, are gaining popularity, offering users a way to interact with gods like Krishna or Shiva through digital conversations. These bots not only provide wisdom but help bridge the gap for those who feel disconnected from traditional community-based worship.&nbsp;Religious institutions aren’t resisting the shift. In fact, major spiritual leaders like Sadhguru are incorporating AI into their apps and teachings. The growing acceptance of AI tools in spiritual practices is evident, with apps and platforms gaining millions of downloads in a short span. However, this transformation isn’t without its ethical challenges. There are concerns over how AI might misinterpret sacred teachings or offer advice that contradicts the beliefs of certain traditions. Instances have already occurred where chatbots have made controversial statements based on their AI programming, raising questions about the role of technology in religious practice.&nbsp;Also Read: <a href="https://www.wionews.com/trending/video-indian-man-dances-on-bangkok-road-abuses-crowd-threatens-cops-with-pistol-shaped-lighter-here-s-what-happened-next-1760872045853">VIDEO: Indian man dances on Bangkok road, abuses crowd, threatens cops with pistol-shaped lighter — Here’s what happened next</a>&nbsp;Moreover, the use of AI in religion could potentially alter the power dynamics between worshippers and religious leaders. AI chatbots, in their quest for offering scripture-based guidance, might unintentionally sideline human priests and spiritual teachers who traditionally provide personal insights and community support. AI’s growing role in religion also highlights broader societal issues, like the digital divide. In countries with lower technological literacy, there’s a risk that people may take AI's words as divine truth without the tools to critically question it. The bots' interpretations of sacred texts might reflect biases inherent in the creators' programming, leading to skewed religious views.&nbsp;Still, many worshippers appreciate the accessibility and convenience of AI-powered spiritual guides. They offer instant access to wisdom and religious teachings, creating a space for reflection and dialogue that might otherwise be unavailable, particularly for those without regular access to priests or temples. As AI continues to expand its reach into religious life, it’s clear that it’s not just a passing trend but a deepening fusion of tradition and technology. For some, these digital encounters with the divine are enriching their spiritual lives, while for others, it raises deeper questions about the intersection of faith, technology, and human authority.

Are chatbots the new spiritual gurus? How AI is shaping modern worship and beyond

As artificial intelligence continues to infiltrate daily life, it's now making its mark on religious practices, offering guidance, support, and sometimes even becoming a spiritual middleman. In India and globally, AI chatbots like GitaGPT are providing virtual connections to divine teachings, influencing how people seek answers to life's deeper questions. As AI becomes more integrated into religious practices, it’s transforming how worshippers around the world engage with their faith. Hinduism, in particular, with its rich history of tangible representations of gods, is embracing AI in unique ways. AI versions of various deities, trained on Hindu scriptures, are gaining popularity, offering users a way to interact with gods like Krishna or Shiva through digital conversations. These bots not only provide wisdom but help bridge the gap for those who feel disconnected from traditional community-based worship. Religious institutions aren’t resisting the shift. In fact, major spiritual leaders like Sadhguru are incorporating AI into their apps and teachings. The growing acceptance of AI tools in spiritual practices is evident, with apps and platforms gaining millions of downloads in a short span. However, this transformation isn’t without its ethical challenges. There are concerns over how AI might misinterpret sacred teachings or offer advice that contradicts the beliefs of certain traditions. Instances have already occurred where chatbots have made controversial statements based on their AI programming, raising questions about the role of technology in religious practice. Also Read: VIDEO: Indian man dances on Bangkok road, abuses crowd, threatens cops with pistol-shaped lighter — Here’s what happened next Moreover, the use of AI in religion could potentially alter the power dynamics between worshippers and religious leaders. AI chatbots, in their quest for offering scripture-based guidance, might unintentionally sideline human priests and spiritual teachers who traditionally provide personal insights and community support. AI’s growing role in religion also highlights broader societal issues, like the digital divide. In countries with lower technological literacy, there’s a risk that people may take AI's words as divine truth without the tools to critically question it. The bots' interpretations of sacred texts might reflect biases inherent in the creators' programming, leading to skewed religious views. Still, many worshippers appreciate the accessibility and convenience of AI-powered spiritual guides. They offer instant access to wisdom and religious teachings, creating a space for reflection and dialogue that might otherwise be unavailable, particularly for those without regular access to priests or temples. As AI continues to expand its reach into religious life, it’s clear that it’s not just a passing trend but a deepening fusion of tradition and technology. For some, these digital encounters with the divine are enriching their spiritual lives, while for others, it raises deeper questions about the intersection of faith, technology, and human authority.

AI-powered chatbots like GitaGPT are reshaping religious practices, offering spiritual guidance and even replacing human priests for some worshippers, especially in India

The International Monetary Fund (IMF) has predicted that, like the dot-com bust in the early 2000s, the United States' artificial intelligence investment&nbsp;boom could prove to be just an economic bubble and could burst. Pierre-Olivier Gourinchas, the IMF's chief economist, said that the burst could crater the US or global economy.<h2>Dot-com bubble vs AI bubble</h2>He told Reuters that the dot-com-induced stock bubble of the 1990s is similar to the current AI boom. He said both eras increased stock valuations and capital gains wealth exponentially. This artificial gain in stocks fueled consumption and inflation. He said that the promise of AI-enabled transformation may not be fulfilled, triggering a crash of valuations.&nbsp;"This is not financed by debt, and that means that if there is a market correction, some shareholders, some equity holders, may lose out,” Gourinchas said in Washington.&nbsp;"But it doesn’t necessarily transmit to the broader financial system and create impairments in the banking system or in the financial system more broadly,” he added.&nbsp;Tech firms have been pumping billions of dollars into developing AI chips, computing power, and other AI infrastructure, betting on the promise that the new technology will enable gains in efficiency and productivity.&nbsp;However, these gains have not yet been realised. It is similar to the 1990s when internet stock valuations couldn't be backed by revenue gains, leading to a recession in the United States in 2001.&nbsp;Gourinchas said there was a possibility an AI correction could trigger a shift in sentiment and risk tolerance that could lead to broader repricing of assets.&nbsp;In 2008, the US property bubble burst, precipitating a global financial crisis.&nbsp;He said that investment and consumption are aiding inflationary pressures without productivity gains.&nbsp;Experts have predicted that artificial intelligence will disrupt&nbsp;the job market as it will end so many roles. However, it will create new kinds of jobs, offsetting unemployment.

The International Monetary Fund (IMF) has predicted that, like the dot-com bust in the early 2000s, the United States' artificial intelligence investment boom could prove to be just an economic bubble and could burst.

The International Monetary Fund (IMF) has predicted that, like the dot-com bust in the early 2000s, the United States' artificial intelligence investment boom could prove to be just an economic bubble and could burst. Pierre-Olivier Gourinchas, the IMF's chief economist, said that the burst could crater the US or global economy. Dot-com bubble vs AI bubble He told Reuters that the dot-com-induced stock bubble of the 1990s is similar to the current AI boom. He said both eras increased stock valuations and capital gains wealth exponentially. This artificial gain in stocks fueled consumption and inflation. He said that the promise of AI-enabled transformation may not be fulfilled, triggering a crash of valuations. "This is not financed by debt, and that means that if there is a market correction, some shareholders, some equity holders, may lose out,” Gourinchas said in Washington. "But it doesn’t necessarily transmit to the broader financial system and create impairments in the banking system or in the financial system more broadly,” he added. Tech firms have been pumping billions of dollars into developing AI chips, computing power, and other AI infrastructure, betting on the promise that the new technology will enable gains in efficiency and productivity. However, these gains have not yet been realised. It is similar to the 1990s when internet stock valuations couldn't be backed by revenue gains, leading to a recession in the United States in 2001. Gourinchas said there was a possibility an AI correction could trigger a shift in sentiment and risk tolerance that could lead to broader repricing of assets. In 2008, the US property bubble burst, precipitating a global financial crisis. He said that investment and consumption are aiding inflationary pressures without productivity gains. Experts have predicted that artificial intelligence will disrupt the job market as it will end so many roles. However, it will create new kinds of jobs, offsetting unemployment.

Dot-com bubble vs artificial intelligence bubble: IMF's chief economist said that investment and consumption are aiding inflationary pressures without productivity gains.

IMF's warning on artificial intelligence: 'Bubble will burst like...'

The artificial intelligence revolution has arrived, with AI companies like OpenAI, Oracle, Nvidia, and AMD announcing massive deals worth billions of dollars. Because of these deals, the valuations of AI and chip firms have risen leaps and bounds. Within months, tech honchos have added billions of dollars to their net worth. Here is a list of people who have gained the most from these AI deals.&nbsp;Larry Ellison, the founder of Oracle and the chief technology officer of the tech giant, made $140 billion in the past year, Forbes reported. He is the biggest gainer from the AI-induced stock rally this year. The stocks of the company jumped 73 per cent.&nbsp;Nvidia cofounder and CEO Jensen Huang’s fortune also increased. This is because the company is powering AI engines with its GPUs. His net worth increased by $47 billion this year. His company's shares have risen by 40 per cent.&nbsp;Michael Dell's fortunes also increased over the past few months. Due to his shares in Dell (39 per cent) and his stake in Broadcom (49 per cent), he has become richer by $35 billion.&nbsp;Cloud computing firm CoreWeave’s five billionaires have also gained a lot of wealth because of their IPO. Michael Intrator, Brian Venturo, Brannin McBee, and Peter Salanki have nearly tripled their net worths.&nbsp;OpenAI's valuation has risen from $157 billion in October 2024 to $500 billion. It is the highest-ever valuation for a private company.&nbsp;CEO Sam Altman doesn't have a material stake in non-profit OpenAI. However, he has become a billionaire because of his stake in the nuclear power company Oklo.<h2>Who is Larry Ellison?</h2>Larry Ellison is the chairman, chief technology officer, and cofounder of Oracle. He owns roughly 40 per cent of the company. He lives on the Hawaiian island of Lanai. He also owns around 50 per cent of the media company, Paramount Skydance.

The artificial intelligence revolution has arrived, with AI companies like OpenAI, Oracle, Nvidia, and AMD announcing massive deals worth billions of dollars. 

The artificial intelligence revolution has arrived, with AI companies like OpenAI, Oracle, Nvidia, and AMD announcing massive deals worth billions of dollars. Because of these deals, the valuations of AI and chip firms have risen leaps and bounds. Within months, tech honchos have added billions of dollars to their net worth. Here is a list of people who have gained the most from these AI deals. Larry Ellison, the founder of Oracle and the chief technology officer of the tech giant, made $140 billion in the past year, Forbes reported. He is the biggest gainer from the AI-induced stock rally this year. The stocks of the company jumped 73 per cent. Nvidia cofounder and CEO Jensen Huang’s fortune also increased. This is because the company is powering AI engines with its GPUs. His net worth increased by $47 billion this year. His company's shares have risen by 40 per cent. Michael Dell's fortunes also increased over the past few months. Due to his shares in Dell (39 per cent) and his stake in Broadcom (49 per cent), he has become richer by $35 billion. Cloud computing firm CoreWeave’s five billionaires have also gained a lot of wealth because of their IPO. Michael Intrator, Brian Venturo, Brannin McBee, and Peter Salanki have nearly tripled their net worths. OpenAI's valuation has risen from $157 billion in October 2024 to $500 billion. It is the highest-ever valuation for a private company. CEO Sam Altman doesn't have a material stake in non-profit OpenAI. However, he has become a billionaire because of his stake in the nuclear power company Oklo. Who is Larry Ellison? Larry Ellison is the chairman, chief technology officer, and cofounder of Oracle. He owns roughly 40 per cent of the company. He lives on the Hawaiian island of Lanai. He also owns around 50 per cent of the media company, Paramount Skydance.

Who is Larry Ellison? He is the biggest gainer from the AI-induced stock rally this year. The stocks of the company jumped 73 per cent.

Meet the man who earned $140 billion in months due to AI boom

Artificial intelligence is changing fighter jets forever, enabling faster decisions, safer missions and autonomous flight. From the US to India, new upgrades let jets fly, fight and adapt better than ever. 

Artificial intelligence is changing fighter jets forever, enabling faster decisions, safer missions and autonomous flight. From the US to India, new upgrades let jets fly, fight and adapt better than ever.&nbsp;

Fighter jet upgrades: How AI is transforming aerial combat?

AI is here, where are you? Learn these 10 essential AI terms like Uncanny Valley, LLM, hallucination, and AGI to better understand artificial intelligence’s impact on technology and everyday life.



AI is here, where are you? Learn these 10 essential AI terms like Uncanny Valley, LLM, hallucination, and AGI to better understand artificial intelligence’s impact on technology and everyday life.&nbsp;

From Uncanny Valley to LLM, Hallucination and prompt engineering: 10 AI terms you should know about, now

Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar has said that the artificial intelligence (AI) revolution is transforming industries with unprecedented speed but poses risks if left unchecked. He said that the new technology promises extraordinary efficiency, inclusion, and innovation. However, it must be accompanied by rigorous oversight to safeguard financial stability. He was addressing the Global Fintech Fest (GFF) 2025 in Mumbai. He said that AI carries a dual narrative of promise and peril.<h2>What RBI Governor T Rabi Sankar said on artificial intelligence</h2>"AI is demonstrating its ability in ways unimaginable a few years back. India, too, has been a notable participant in this journey. But as with all powerful innovations, AI carries a dual narrative of promise and peril," Sankar added.&nbsp;Talking about AI integration, he said that the margin for error in finance is narrower than in other fields.&nbsp;He stressed that the integration of AI into financial systems must be treated with profound responsibility. "In finance, the margin for error is narrower, as financial institutions are built on trust and economies prosper on stability," he said.&nbsp;The RBI Deputy Governor added that AI in financial services should be designed with safety at its core, not as an afterthought. He said AI applications mustn't be allowed to destabilize markets, payment systems, and consumer confidence.&nbsp;He also said AI systems must be subjected to rigorous oversight and layered with inherent checks, and safety must be built into the design from conception to real-world deployment.&nbsp;He observed that retrofitting safeguards later can be inadequate and can destabilize the markets.&nbsp;He said RBI wants technological advancement to align with financial prudence.&nbsp;He said whether AI displaces jobs or creates new opportunities will depend on how "we adapt and govern its use".

Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar has said that the artificial intelligence (AI) revolution is transforming industries with unprecedented speed but poses risks if left unchecked. 

Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar has said that the artificial intelligence (AI) revolution is transforming industries with unprecedented speed but poses risks if left unchecked. He said that the new technology promises extraordinary efficiency, inclusion, and innovation. However, it must be accompanied by rigorous oversight to safeguard financial stability. He was addressing the Global Fintech Fest (GFF) 2025 in Mumbai. He said that AI carries a dual narrative of promise and peril. What RBI Governor T Rabi Sankar said on artificial intelligence "AI is demonstrating its ability in ways unimaginable a few years back. India, too, has been a notable participant in this journey. But as with all powerful innovations, AI carries a dual narrative of promise and peril," Sankar added. Talking about AI integration, he said that the margin for error in finance is narrower than in other fields. He stressed that the integration of AI into financial systems must be treated with profound responsibility. "In finance, the margin for error is narrower, as financial institutions are built on trust and economies prosper on stability," he said. The RBI Deputy Governor added that AI in financial services should be designed with safety at its core, not as an afterthought. He said AI applications mustn't be allowed to destabilize markets, payment systems, and consumer confidence. He also said AI systems must be subjected to rigorous oversight and layered with inherent checks, and safety must be built into the design from conception to real-world deployment. He observed that retrofitting safeguards later can be inadequate and can destabilize the markets. He said RBI wants technological advancement to align with financial prudence. He said whether AI displaces jobs or creates new opportunities will depend on how "we adapt and govern its use".

Reserve Bank of India (RBI) Deputy Governor T Rabi Sankar stressed that the integration of AI into financial systems must be treated with profound responsibility.

RBI deputy governor weighs on AI risks: 'Carries dual narrative of promise, peril'

Amid the artificial intelligence revolution, Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India (SEBI), on Wednesday said that quantum computing will pose a threat to the current digital security systems. He said that quantum computers will make cryptography redundant with their computing prowess.<h2>Why would quantum computing prove to be a threat?</h2>"Wherever in the financial sector or somewhere else, Cryptography is our standard used key for passwords, we need to prepare for it and work for cryptography-proof passwords, as after the introduction of Quantum computing, Cryptography will break," Pandey said.&nbsp;Cryptography is a technique of securing information and communications using codes to ensure confidentiality, integrity, and authentication.&nbsp;Quantum computing uses the principles of quantum mechanics to solve complex problems. They are way more powerful than traditional computers. Quantum computers can be even more powerful than modern supercomputers as they can easily solve complex problems in sectors like medicine, AI, financial modeling, and cryptography.&nbsp;The remark comes even as artificial intelligence is upending global job markets and the economy.&nbsp;He further said that every aspect of the Indian securities market has been redefined by technology. He said tech is at the core of every step, and the Indian securities market is being shaped by reforms and an ecosystem that is vibrant, resilient, and inclusive.&nbsp;He also said technology has made the market faster, simpler, and safer.&nbsp;He said the Indian markets must balance speed of growth with safety.&nbsp;"Let us continue to harness technology to build thoughtfully, collaboratively, and with an unwavering focus on trust, a capital market that truly embodies a resilient and inclusive India," he added.

Amid the artificial intelligence revolution, Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India (SEBI), on Wednesday said that quantum computing will pose a threat to the current digital security systems. 

Amid the artificial intelligence revolution, Tuhin Kanta Pandey, Chairman of the Securities and Exchange Board of India (SEBI), on Wednesday said that quantum computing will pose a threat to the current digital security systems. He said that quantum computers will make cryptography redundant with their computing prowess. Why would quantum computing prove to be a threat? "Wherever in the financial sector or somewhere else, Cryptography is our standard used key for passwords, we need to prepare for it and work for cryptography-proof passwords, as after the introduction of Quantum computing, Cryptography will break," Pandey said. Cryptography is a technique of securing information and communications using codes to ensure confidentiality, integrity, and authentication. Quantum computing uses the principles of quantum mechanics to solve complex problems. They are way more powerful than traditional computers. Quantum computers can be even more powerful than modern supercomputers as they can easily solve complex problems in sectors like medicine, AI, financial modeling, and cryptography. The remark comes even as artificial intelligence is upending global job markets and the economy. He further said that every aspect of the Indian securities market has been redefined by technology. He said tech is at the core of every step, and the Indian securities market is being shaped by reforms and an ecosystem that is vibrant, resilient, and inclusive. He also said technology has made the market faster, simpler, and safer. He said the Indian markets must balance speed of growth with safety. "Let us continue to harness technology to build thoughtfully, collaboratively, and with an unwavering focus on trust, a capital market that truly embodies a resilient and inclusive India," he added.

Tuhin Kanta Pandey said technology has made the market faster, simpler, and safer. He said the Indian markets must balance speed of growth with safety.&nbsp;

Worried about AI? SEBI chief highlights another threat to digital security

The Indian Army has confirmed the use of Artificial Intelligence (AI) during Operation Sindoor, the counter-terror operation in Pakistan in the month of May, weeks after the deadly Pahalgam terror attack. Speaking to reporters in Delhi on Monday, Lt Gen Rajiv Kumar Sahni, who is currently serving as Director General, Electronics and Mechanical Engineers (EME) and had earlier held the charge of DG Information Systems, said that AI was used for "review, intel analysis..to generate heat maps" and that helped to "prioritise our resources".One of the examples he gave was of "Anuman 2.0", a weather forecasting app, that helped the army units to engage with precision across the border. Asked if AI was used to find the position of the infantry on the other side, he said the military has "reasonably assured models, satellite tracking systems, feed which is given in real time" that helped in that purpose as well. &nbsp;His emphasis was that the Indian Army has begun integrating AI into its core functions, and its effectiveness was demonstrated during Operation Sindoor. Important to note that the year 2024-25 has been designated as the “Year of Technology Absorption” by the Indian army. Automation within the Army has led to a remarkable 1,200% increase in users and a 620% rise in data storage capacity, advances that are expected to make the Army's digital backbone more interconnected.AI apps used in the forces include, Electronic Intelligence Collation &amp; Analysis System (ECAS), which helps identify critical threats, and the TRINETRA System, which provides Common Operational Picture for better coordination, situational awareness. Last year, the Indian army established the Army AI Research and Incubation Centre (AARIC) in Bengaluru that aims to accelerate AI project development through partnerships with DRDO, academia, and industry.

Automation within the Army has led to a remarkable 1,200% increase in users and a 620% rise in data storage capacity, advances that are expected to make the Army's digital backbone more interconnected.

The Indian Army has confirmed the use of Artificial Intelligence (AI) during Operation Sindoor, the counter-terror operation in Pakistan in the month of May, weeks after the deadly Pahalgam terror attack. Speaking to reporters in Delhi on Monday, Lt Gen Rajiv Kumar Sahni, who is currently serving as Director General, Electronics and Mechanical Engineers (EME) and had earlier held the charge of DG Information Systems, said that AI was used for "review, intel analysis..to generate heat maps" and that helped to "prioritise our resources". One of the examples he gave was of "Anuman 2.0", a weather forecasting app, that helped the army units to engage with precision across the border. Asked if AI was used to find the position of the infantry on the other side, he said the military has "reasonably assured models, satellite tracking systems, feed which is given in real time" that helped in that purpose as well. His emphasis was that the Indian Army has begun integrating AI into its core functions, and its effectiveness was demonstrated during Operation Sindoor. Important to note that the year 2024-25 has been designated as the “Year of Technology Absorption” by the Indian army. Automation within the Army has led to a remarkable 1,200% increase in users and a 620% rise in data storage capacity, advances that are expected to make the Army's digital backbone more interconnected. AI apps used in the forces include, Electronic Intelligence Collation & Analysis System (ECAS), which helps identify critical threats, and the TRINETRA System, which provides Common Operational Picture for better coordination, situational awareness. Last year, the Indian army established the Army AI Research and Incubation Centre (AARIC) in Bengaluru that aims to accelerate AI project development through partnerships with DRDO, academia, and industry.

Automation within the Army has led to a remarkable 1,200% increase in users and a 620% rise in data storage capacity, advances that are expected to make the Army's digital backbone more interconnected.

Indian Army used AI during Operation Sindoor: Top official

From easing loneliness to providing comfort, pets play a vital role in our lives. But what if technology could replicate that bond? Meet Moflin, a fluffy AI-powered pet. In this video, we explore how Moflin works and whether AI pets could truly replace the comfort of real animals.


Can Robots replace pets? | Artificial Intelligence

Artificial intelligence is changing the world. While big nations like the US and China lead in AI, some small countries are emerging as important players by using smart policies, strong education, and local innovation. These five small nations are making big waves in artificial intelligence

Artificial intelligence is changing the world. While big nations like the US and China lead in AI, some small countries are emerging as important players by using smart policies, strong education, and local innovation. These five small nations are making big waves in artificial intelligence

5 small countries may control the future of artificial intelligence

Hong Kong To Install Surveillance Cameras Armed With AI Facial Recognition

Normally, a human needs around 1000 hours of intense self-study to crack&nbsp;the prestigious, three-part chartered financial analyst exam. Passing the exam ensures that a person climbs the corporate ladder. The most difficult level of the exam is Level III. While it takes a human several months of hard work to crack the exam, artificial&nbsp;intelligence models can clear the exam in a matter of minutes, highlighting that the technology is already surpassing human intelligence.&nbsp;A new study conducted by researchers from New York University Stern School of Business and GoodFin, according to CNBC, evaluated 23 large language models on their ability to answer multiple-choice and essay questions. The test was modelled around mock CFA Level III exams.AI products like o4-mini, Gemini 2.5 Pro, and Claude Opus passed he exam&nbsp;after "chain-of-thought" prompting.&nbsp;Previous research&nbsp;had found that artificial intelligence was able to clear Levels I and II of the exam. However, two years ago, it was struggling to pass the Level III exam because it required them to write essay questions.&nbsp;However, as the AI technology is advancing rapidly, researchers found these models were able to handle "specialized, high-stakes analytical reasoning required for professional financial decision-making".&nbsp;The third CFA exam focuses on wealth planning and the management of a portfolio.&nbsp;Anna Joo Fee, GoodFin CEO, said that this technology will transform the industry. She, however, still said that AI won't replace the CFA.&nbsp;The research was led by Shilpi Nayak, the co-founder and CTO of Goodfin.&nbsp;"There are things like context and intent that are hard for the machine to assess right now. That's where a human shines, in understanding your body language and cues," she added.&nbsp;

Normally, a human needs around 1000 hours of intense self-study to crack the prestigious, three-part chartered financial analyst exam. 

Normally, a human needs around 1000 hours of intense self-study to crack the prestigious, three-part chartered financial analyst exam. Passing the exam ensures that a person climbs the corporate ladder. The most difficult level of the exam is Level III. While it takes a human several months of hard work to crack the exam, artificial intelligence models can clear the exam in a matter of minutes, highlighting that the technology is already surpassing human intelligence. A new study conducted by researchers from New York University Stern School of Business and GoodFin, according to CNBC, evaluated 23 large language models on their ability to answer multiple-choice and essay questions. The test was modelled around mock CFA Level III exams. AI products like o4-mini, Gemini 2.5 Pro, and Claude Opus passed he exam after "chain-of-thought" prompting. Previous research had found that artificial intelligence was able to clear Levels I and II of the exam. However, two years ago, it was struggling to pass the Level III exam because it required them to write essay questions. However, as the AI technology is advancing rapidly, researchers found these models were able to handle "specialized, high-stakes analytical reasoning required for professional financial decision-making". The third CFA exam focuses on wealth planning and the management of a portfolio. Anna Joo Fee, GoodFin CEO, said that this technology will transform the industry. She, however, still said that AI won't replace the CFA. The research was led by Shilpi Nayak, the co-founder and CTO of Goodfin. "There are things like context and intent that are hard for the machine to assess right now. That's where a human shines, in understanding your body language and cues," she added.

Previous research&nbsp;had found that artificial intelligence was able to clear Levels I and II of the exam.&nbsp;

Artificial intelligence models pass the CFA exam

A chatbot website featuring explicit scenarios involving preteen characters, accompanied by illegal abuse images, has sparked renewed concerns over the misuse of artificial intelligence.


Chatbot Site Depicting Child Sexual Abuse Images Raises Fears Over Misuse Of AI

AI is becoming essential for space missions helping with navigation, health, repairs, and mental wellbeing. From robotic assistants to mission planning tools, AI will support astronauts on deep space journeys, including future Mars missions.

AI is becoming essential for space missions, helping with navigation, health, repairs, and mental well-being. From robotic assistants to mission planning tools, AI will support astronauts on deep space journeys, including future Mars missions.

How AI is changing space missions and helping astronauts explore further

Italy’s parliament on Wednesday (September 17) passed a new law on artificial intelligence and became the first country in the European Union to bring in AI rules that match the EU’s AI Act. Italy's Prime Minister Giorgia Meloni’s government led this move and said that the law focuses on human-centric, transparent, and people's safe use of AI. The law also supports the innovation, cybersecurity, and privacy protection. The law introduces cross-sector rules and covers sectors like healthcare, jobs, public services, justice, schools and sports. It requires that AI decisions can be traced and always checked by humans. Children under 14 can only use AI with parental approval.&nbsp;&nbsp;Also Read - <a href="https://www.wionews.com/technology/ai-revolution-how-generative-ai-is-shaping-the-future-of-content-creation-1758184727046">AI revolution: How generative AI is shaping the future of content creation</a>&nbsp;"The (law) brings innovation back within the perimeter of the public interest, steering AI toward growth, rights and full protection of citizens," said Alessio Butti, the undersecretary for digital transformation. The Agency for Digital Italy and the National Cybersecurity Agency will act as the main national authorities for AI, while regulators (watchdogs) like the Bank of Italy and Consob will keep their powers.&nbsp;This law also makes it a crime to spread harmful AI content such as deepfakes and issued punishments of one to five years in prison. Using AI illegally will also bring &nbsp;penalties for crimes like fraud and identity theft. On copyright, AI-created works are protected and safe if they involve human efforts. AI can be used for text and data mining only on non-copyrighted content or in research work by authorised groups.&nbsp;Also Read - <a href="https://www.wionews.com/business-economy/meta-launches-2-variants-of-ai-enabled-smart-glasses-price-features-revealed-1758186792998">Meta launches 2 variants of AI-enabled smart glasses: Price, features&nbsp;revealed</a>&nbsp;The government also approved up to €1 billion ($1,18,21,75,000) from a state-backed fund to support AI, cybersecurity, telecoms and quantum technology firms. In healthcare, AI may help doctors with diagnosis and treatment, but doctors will have the final say and patients must be kept informed, about the use of AI. In workplaces, employers must tell their staff members when AI is being used.

The Italy's government also approved up to €1 billion ($1,18,21,75,000) from a state-backed fund to support AI, cybersecurity, telecoms and quantum technology firms. 

Italy’s parliament on Wednesday (September 17) passed a new law on artificial intelligence and became the first country in the European Union to bring in AI rules that match the EU’s AI Act. Italy's Prime Minister Giorgia Meloni’s government led this move and said that the law focuses on human-centric, transparent, and people's safe use of AI. The law also supports the innovation, cybersecurity, and privacy protection. The law introduces cross-sector rules and covers sectors like healthcare, jobs, public services, justice, schools and sports. It requires that AI decisions can be traced and always checked by humans. Children under 14 can only use AI with parental approval. Also Read - AI revolution: How generative AI is shaping the future of content creation "The (law) brings innovation back within the perimeter of the public interest, steering AI toward growth, rights and full protection of citizens," said Alessio Butti, the undersecretary for digital transformation. The Agency for Digital Italy and the National Cybersecurity Agency will act as the main national authorities for AI, while regulators (watchdogs) like the Bank of Italy and Consob will keep their powers. This law also makes it a crime to spread harmful AI content such as deepfakes and issued punishments of one to five years in prison. Using AI illegally will also bring penalties for crimes like fraud and identity theft. On copyright, AI-created works are protected and safe if they involve human efforts. AI can be used for text and data mining only on non-copyrighted content or in research work by authorised groups. Also Read - Meta launches 2 variants of AI-enabled smart glasses: Price, features revealed The government also approved up to €1 billion ($1,18,21,75,000) from a state-backed fund to support AI, cybersecurity, telecoms and quantum technology firms. In healthcare, AI may help doctors with diagnosis and treatment, but doctors will have the final say and patients must be kept informed, about the use of AI. In workplaces, employers must tell their staff members when AI is being used.

The Italian government also approved up to €1billion ($1,18,21,75,000) from a state-backed fund to support AI, cybersecurity, telecoms and quantum technology firms

What does Italy’s new AI law really say? Here’s everything you should know about it

Artificial intelligence (AI) is changing the way businesses interact with customers, making service faster, smarter, and more personalized. From chatbots that answer questions in seconds to AI assistants that remember your preferences, the shift to AI-driven customer support is reshaping industries across the globe. Companies using AI are seeing significant benefits, such as faster problem resolution and improved customer satisfaction.&nbsp;<h2>Chatbots that never sleep</h2>From chatbots that never sleep to AI assistants that understand context better than ever before, artificial intelligence is fundamentally transforming how businesses interact with their customers. According to McKinsey Global Institute, organizations implementing AI-driven customer service solutions have seen resolution times decrease by up to 40 per cent, and customer satisfaction scores improve by an average of 15 per cent.The shift isn't just about efficiency. It's about reimagining the entire customer experience ecosystem. Where traditional call centers once struggled with long wait times and inconsistent service quality, AI-powered systems now provide 24/7 availability, instant responses, and personalized interactions that adapt to individual customer preferences and histories.<h2>Real-World Examples Across Industries</h2>In the banking sector, JPMorgan Chase's virtual assistant handles over 5 million customer interactions monthly, resolving 78 per cent of inquiries without human intervention, according to IBM's 2024 AI in Finance Report. The system processes everything from account balance queries to complex loan applications, reducing average response time from 15 minutes to under 30 seconds.E-commerce giant Amazon has revolutionized online shopping through its AI-powered recommendation engine and customer service chatbots. Zendesk's 2024 Customer Experience Report reveals that AI-driven support systems in e-commerce have improved first-contact resolution rates by 35 per cent, with 89 per cent of customers reporting satisfaction with automated responses for basic inquiries.Healthcare presents perhaps the most compelling transformation. Kaiser Permanente's AI-powered appointment scheduling and symptom checker system now handles 2.3 million patient interactions annually, according to Reuters Health. The system triages patients efficiently, scheduling appropriate care levels and reducing emergency room visits for non-urgent cases by 22 per cent.<h2>Impact on Customer Satisfaction</h2>The numbers speak volumes about AI's impact on customer experience. Pew Research Center's survey noted that 73 per cent of consumers now prefer AI-assisted customer service for routine inquiries, citing faster resolution times and consistent service quality as primary advantages.&nbsp;Customer satisfaction metrics have improved dramatically across AI-implemented organizations. According to Zendesk's analysis of over 50,000 customer service interactions, AI-powered support systems achieve:- 91 per cent accuracy rate in issue classification - 65 per cent reduction in average handling time - 28 per cent improvement in customer satisfaction scores - 24/7 availability with zero wait times for initial responseMoreover, BBC's technology division reported that businesses using AI customer service solutions experience 40 per cent lower operational costs while maintaining higher service quality standards. The cost savings stem from reduced staffing needs for routine inquiries and improved efficiency in complex problem resolution.<h2>The Future: Human Agents &amp; AI Working Together</h2>Contrary to fears about AI replacing human workers entirely, the most successful implementations focus on augmentation rather than replacement.&nbsp;IBM's Future of Work study indicates that the most effective customer service operations combine AI efficiency with human emotional intelligence and complex problem-solving capabilities.&nbsp;Human agents remain crucial for handling sensitive situations, complex technical issues, and cases requiring empathy and creative problem-solving. McKinsey projects that by 2026, optimal customer service operations will feature AI handling 70 per cent of routine inquiries while human agents focus on high-value, complex customer relationships.The future model positions AI as the first line of support, capable of resolving straightforward issues instantly while seamlessly escalating complex problems to human specialists with complete context and suggested solutions. This hybrid approach maximizes both efficiency and customer satisfaction.Training programs are evolving to prepare customer service professionals for this AI-augmented future. Rather than competing with AI, human agents are learning to leverage these tools to provide more meaningful, strategic customer interactions that drive long-term business relationships.As AI technology continues advancing, we can expect even more sophisticated natural language processing, emotional intelligence capabilities, and predictive analytics that anticipate customer needs before problems arise. The transformation of customer service through AI represents not just technological progress, but a fundamental shift toward more responsive, personalized, and effective customer experiences across all industries.

From chatbots that never sleep to AI assistants that understand context better than ever before, artificial intelligence is fundamentally transforming how businesses interact with their customers. According to McKinsey Global Institute, organizations implementing AI-driven customer service solutions have seen resolution times decrease by up to 40 per cent while customer satisfaction scores improve by an average of 15 per cent.&nbsp;The shift isn't just about efficiency. It's about reimagining the entire customer experience ecosystem. Where traditional call centers once struggled with long wait times and inconsistent service quality, AI-powered systems now provide 24/7 availability, instant responses, and personalized interactions that adapt to individual customer preferences and histories.

AI-powered chatbots, assistants, and automated systems are revolutionising customer service, enhancing efficiency and satisfaction. From answering queries instantly to AI assistants personalising experiences, businesses are embracing this shift. 

Artificial intelligence (AI) is changing the way businesses interact with customers, making service faster, smarter, and more personalized. From chatbots that answer questions in seconds to AI assistants that remember your preferences, the shift to AI-driven customer support is reshaping industries across the globe. Companies using AI are seeing significant benefits, such as faster problem resolution and improved customer satisfaction. Chatbots that never sleep From chatbots that never sleep to AI assistants that understand context better than ever before, artificial intelligence is fundamentally transforming how businesses interact with their customers. According to McKinsey Global Institute, organizations implementing AI-driven customer service solutions have seen resolution times decrease by up to 40 per cent, and customer satisfaction scores improve by an average of 15 per cent. The shift isn't just about efficiency. It's about reimagining the entire customer experience ecosystem. Where traditional call centers once struggled with long wait times and inconsistent service quality, AI-powered systems now provide 24/7 availability, instant responses, and personalized interactions that adapt to individual customer preferences and histories. Real-World Examples Across Industries In the banking sector, JPMorgan Chase's virtual assistant handles over 5 million customer interactions monthly, resolving 78 per cent of inquiries without human intervention, according to IBM's 2024 AI in Finance Report. The system processes everything from account balance queries to complex loan applications, reducing average response time from 15 minutes to under 30 seconds. E-commerce giant Amazon has revolutionized online shopping through its AI-powered recommendation engine and customer service chatbots. Zendesk's 2024 Customer Experience Report reveals that AI-driven support systems in e-commerce have improved first-contact resolution rates by 35 per cent, with 89 per cent of customers reporting satisfaction with automated responses for basic inquiries. Healthcare presents perhaps the most compelling transformation. Kaiser Permanente's AI-powered appointment scheduling and symptom checker system now handles 2.3 million patient interactions annually, according to Reuters Health. The system triages patients efficiently, scheduling appropriate care levels and reducing emergency room visits for non-urgent cases by 22 per cent. Impact on Customer Satisfaction The numbers speak volumes about AI's impact on customer experience. Pew Research Center's survey noted that 73 per cent of consumers now prefer AI-assisted customer service for routine inquiries, citing faster resolution times and consistent service quality as primary advantages. Customer satisfaction metrics have improved dramatically across AI-implemented organizations. According to Zendesk's analysis of over 50,000 customer service interactions, AI-powered support systems achieve: - 91 per cent accuracy rate in issue classification - 65 per cent reduction in average handling time - 28 per cent improvement in customer satisfaction scores - 24/7 availability with zero wait times for initial response Moreover, BBC's technology division reported that businesses using AI customer service solutions experience 40 per cent lower operational costs while maintaining higher service quality standards. The cost savings stem from reduced staffing needs for routine inquiries and improved efficiency in complex problem resolution. The Future: Human Agents & AI Working Together Contrary to fears about AI replacing human workers entirely, the most successful implementations focus on augmentation rather than replacement. IBM's Future of Work study indicates that the most effective customer service operations combine AI efficiency with human emotional intelligence and complex problem-solving capabilities. Human agents remain crucial for handling sensitive situations, complex technical issues, and cases requiring empathy and creative problem-solving. McKinsey projects that by 2026, optimal customer service operations will feature AI handling 70 per cent of routine inquiries while human agents focus on high-value, complex customer relationships. The future model positions AI as the first line of support, capable of resolving straightforward issues instantly while seamlessly escalating complex problems to human specialists with complete context and suggested solutions. This hybrid approach maximizes both efficiency and customer satisfaction. Training programs are evolving to prepare customer service professionals for this AI-augmented future. Rather than competing with AI, human agents are learning to leverage these tools to provide more meaningful, strategic customer interactions that drive long-term business relationships. As AI technology continues advancing, we can expect even more sophisticated natural language processing, emotional intelligence capabilities, and predictive analytics that anticipate customer needs before problems arise. The transformation of customer service through AI represents not just technological progress, but a fundamental shift toward more responsive, personalized, and effective customer experiences across all industries.

AI-powered chatbots, assistants, and automated systems are revolutionising customer service, enhancing efficiency and satisfaction. From answering queries instantly to AI assistants personalising experiences, businesses are embracing this shift.&nbsp;

How artificial intelligence is redefining customer service across industries

NITI Aayog CEO BVR Subrahmanyam&nbsp;said on Monday that Artificial Intelligence will create more jobs in India and add at least $2 trillion over the next ten years to the Indian&nbsp;economy. He said AI will not replace employment, but will create new types of jobs. He, however, stressed the need for training and reskilling the workforce.&nbsp;He was&nbsp;speaking at the Roadmap for AI for Viksit Bharat and the NITI Frontier Tech Repository event. He said AI will increase India's GDP by 2 trillion US dollars by 2035. He, however, said that the feat can be achieved only if AI is used correctly.&nbsp;"It is going to add at least 2 trillion dollars extra by 2035, just from the use of AI. It means the 2/3rd of the size of the economy today can be added, if we use AI correctly. The use of AI will create more jobs, new types of jobs. For this, we need appropriate skills. We will also come up with a roadmap for AI for jobs and skills," he said.&nbsp;He said AI isn't a job destroyer but a job enhancer.&nbsp;He said jobs were added, not diminished, with the advent of computers.&nbsp;"When people thought computers would come, they thought there would be unemployment. But typist jobs have not vanished. Actually, computers have created more jobs. Similarly, the use of AI is going to create more jobs. The important thing is it may not be the same jobs that were there in the past," he added.&nbsp;He said AI will give India an edge over others when it comes to economic growth. He said India will see a significant push due to AI adoption.&nbsp;"With AI, we will not only be the fastest-growing economy but the fastest by a mile," he added.&nbsp;BVR Subrahmanyam said that it is important to train people to get those new jobs. He said he isn't worried about AI creating new jobs.

NITI Aayog CEO BVR Subrahmanyam said on Monday that Artificial Intelligence will create more jobs in India and add at least $2 trillion over the next ten years to the Indian economy.

NITI Aayog CEO BVR Subrahmanyam said on Monday that Artificial Intelligence will create more jobs in India and add at least $2 trillion over the next ten years to the Indian economy. He said AI will not replace employment, but will create new types of jobs. He, however, stressed the need for training and reskilling the workforce. He was speaking at the Roadmap for AI for Viksit Bharat and the NITI Frontier Tech Repository event. He said AI will increase India's GDP by 2 trillion US dollars by 2035. He, however, said that the feat can be achieved only if AI is used correctly. "It is going to add at least 2 trillion dollars extra by 2035, just from the use of AI. It means the 2/3rd of the size of the economy today can be added, if we use AI correctly. The use of AI will create more jobs, new types of jobs. For this, we need appropriate skills. We will also come up with a roadmap for AI for jobs and skills," he said. He said AI isn't a job destroyer but a job enhancer. He said jobs were added, not diminished, with the advent of computers. "When people thought computers would come, they thought there would be unemployment. But typist jobs have not vanished. Actually, computers have created more jobs. Similarly, the use of AI is going to create more jobs. The important thing is it may not be the same jobs that were there in the past," he added. He said AI will give India an edge over others when it comes to economic growth. He said India will see a significant push due to AI adoption. "With AI, we will not only be the fastest-growing economy but the fastest by a mile," he added. BVR Subrahmanyam said that it is important to train people to get those new jobs. He said he isn't worried about AI creating new jobs.

BVR Subrahmanyam, NITI Aayog's CEO, was&nbsp;speaking at the Roadmap for AI for Viksit Bharat and the NITI Frontier Tech Repository event. He said like computers added jobs to the economy, AI will also do the same.

NITI Aayog CEO says AI to add $2 trillion to Indian economy, create jobs

Union Finance Minister Nirmala Sitharaman on Monday called for regulations in the Artificial Intelligence (AI) space to track the rapid technological advancements. She said that laws and rules must evolve as fast as technological innovations. Speaking at a NITI Aayog event, Sitharaman acknowledged that AI has emerged as a "rapidly progressing, real-time and dynamic" technology, and "all of us" must be conscious&nbsp;that "we don't sit back on the ethics".&nbsp;“Artificial Intelligence is not static. It is a rapidly progressing, real-time, and dynamic. Therefore, all of us will have to be conscious that we don't sit back on the ethics. We need to be clear that regulation has to run the race equally as much as the technology is running it,” Nirmala Sitharaman said.&nbsp;Nirmala Sitharaman said that India has the capacity to absorb and apply AI-driven solutions for the common good. She said AI should be kept in rein and must serve for the common good.&nbsp;"India is a country that can understand the implication of a good which comes in our way, although a good is never unmitigated, a good is never without riders, a good is never, on its own, good; it is for us all to use in such a way that it is for the common good. I think the AI is something which we should know how to keep well under our reins and serve for the common good," she added.&nbsp;Nirmala Sitharaman said the technology could play a vital role in improving existing urban areas and in planning new urban centers. Nirmala Sitharaman noted that AI is capable of providing in-situ solutions, allowing people to remain where they are, while delivering the solutions they have been waiting for decades.&nbsp;She said AI-assisted technologies must be implemented across all districts in India.<h2>What Ashwini Vaishnaw said on Artificial Intelligence</h2>Union Minister Ashwini Vaishnaw said that Artificial Intelligence (AI) will fundamentally change every aspect of life. He said India must be among the frontrunners in developing and adopting AI technologies.&nbsp;He also compared the AI revolution with the internet boom.&nbsp;"Over a period of the last few decades, the biggest change that has happened and the biggest factor that has joined this constellation of technologies is AI, because AI is now affecting practically everything that we do. Like the Internet, which changed everything that we did, AI is also going to fundamentally change the way we work, the way we live, the way we consume… That's why it's very important to make sure that we are frontrunners in AI technologies," he said.

Union Finance Minister Nirmala Sitharaman on Monday called for regulations in the Artificial Intelligence (AI) space to track the rapid technological advancements.

Union Finance Minister Nirmala Sitharaman on Monday called for regulations in the Artificial Intelligence (AI) space to track the rapid technological advancements. She said that laws and rules must evolve as fast as technological innovations. Speaking at a NITI Aayog event, Sitharaman acknowledged that AI has emerged as a "rapidly progressing, real-time and dynamic" technology, and "all of us" must be conscious that "we don't sit back on the ethics". “Artificial Intelligence is not static. It is a rapidly progressing, real-time, and dynamic. Therefore, all of us will have to be conscious that we don't sit back on the ethics. We need to be clear that regulation has to run the race equally as much as the technology is running it,” Nirmala Sitharaman said. Nirmala Sitharaman said that India has the capacity to absorb and apply AI-driven solutions for the common good. She said AI should be kept in rein and must serve for the common good. "India is a country that can understand the implication of a good which comes in our way, although a good is never unmitigated, a good is never without riders, a good is never, on its own, good; it is for us all to use in such a way that it is for the common good. I think the AI is something which we should know how to keep well under our reins and serve for the common good," she added. Nirmala Sitharaman said the technology could play a vital role in improving existing urban areas and in planning new urban centers. Nirmala Sitharaman noted that AI is capable of providing in-situ solutions, allowing people to remain where they are, while delivering the solutions they have been waiting for decades. She said AI-assisted technologies must be implemented across all districts in India. What Ashwini Vaishnaw said on Artificial Intelligence Union Minister Ashwini Vaishnaw said that Artificial Intelligence (AI) will fundamentally change every aspect of life. He said India must be among the frontrunners in developing and adopting AI technologies. He also compared the AI revolution with the internet boom. "Over a period of the last few decades, the biggest change that has happened and the biggest factor that has joined this constellation of technologies is AI, because AI is now affecting practically everything that we do. Like the Internet, which changed everything that we did, AI is also going to fundamentally change the way we work, the way we live, the way we consume… That's why it's very important to make sure that we are frontrunners in AI technologies," he said.

Nirmala Sitharaman on Artificial Intelligence: The Union Finance Minister said that India has the capacity to absorb and apply AI-driven solutions for the common good. She said that the technology could play a vital role in improving existing urban areas.

Nirmala Sitharaman calls for 'regulations' on AI: 'Should be kept in reins'

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