India poised to become global artificial intelligence hub: Stephen Ibaraki

To become a global artificial intelligence (AI) hub, India needs to leverage its vast talent pool and establish AI-focused centres of excellence in collaboration with academic institutions and industry leaders, Stephen Ibaraki, a technology futurist and global thought leader, said Saturday, August 31.

Ibaraki said the country, with its robust digital infrastructure, needs to continue investing in AI research and development, and creating a conducive environment for start-ups and innovation.

Over 40% of FDA-approved AI medical devices not trained on real patient data, shows study

A detailed analysis of more than 500 medical AI devices revealed that approximately half of the tools authorized by the US Food and Drug Administration (FDA) lacked reported clinical validation data, researchers said Monday, August 26.

The findings, published in the journal Nature Medicine, warned that almost half of FDA-approved AI medical devices are not trained on real patient data.

Global spending on Artificial Intelligence to reach $632 billion by 2028: Report

The global spending on artificial intelligence (AI), including AI-enabled applications, infrastructure and related IT and business services, is likely to reach $632 billion by 2028, a new report said Monday, August 19.

The rapid incorporation of AI, and generative AI (GenAI) in particular, into a wide range of products will result in a compound annual growth rate (CAGR) of 29% over the 2024-2028 forecast period, according to a new forecast by the International Data Corporation (IDC).

Use of AI in Indian healthcare sector on the rise, to reach $1.6 billion by 2025: Report

Artificial intelligence (AI) in the Indian healthcare market is growing at a compound annual growth rate (CAGR) of 40.6% and is estimated to reach $1.6 billion by 2025, a report showed Tuesday, August 13.

Expected to reach $650 billion by 2025, the overall healthcare sector in India grew at a CAGR of 22.5% between 2016 to 2022 and is diversifying in terms of products, services, and markets, according to the report by Nasscom and Kantar.

Philanthropist Rohini Nilekani talks about stronger society and empathy

Politics may be polarizing but eventually, we have to realize it’s all about us, the people, and how we build our society with all the natural resources and wonders around us, said Rohini Nilekani, Chairperson of Rohini Nilekani Philanthropies, during a conference at Stanford Center on Philanthropy and Civil Society (Stanford PACS), held in collaboration with Project ECHO (Extension for Community Healthcare Outcomes), that discussed transforming health care in the Global South on May 31, 2024.

Has Artificial Intelligence already become human-like?

By Mayank Chhaya- A Microsoft Research paper says a new version of its Artificial Intelligence (AI) is “strikingly close to human-level performance”, signaling that Artificial General Intelligence (AGI) may be at hand. The paper dated April 13, 2023, titled “Sparks of Artificial General Intelligence: Early experiments with GPT-4” makes an extraordinary claim that is fraught […]

Indian startup develops AI-based blood test to detect 32 cancers early

An India-based startup PredOmix has developed a novel blood test that can detect about 32 cancers in both men and women, with 98 per cent accuracy.
The Gurugram-based company’s OncoVeryx-F is a patented technology that combines metabolomics (study of small molecules) and Artificial Intelligence (AI) to identify metabolite signatures of multiple cancers in a single test.

Artificial Intelligence can predict genetics of cancerous brain tumors: Study

Researchers have developed an artificial intelligence based diagnostic screening system called DeepGlioma that uses rapid imaging to analyze tumor specimens taken during an operation and detect genetic mutations more rapidly. In a study of more than 150 patients with diffuse glioma, the most common and deadly primary brain tumor, the newly developed system identified mutations used by the World Health Organization to define molecular subgroups of the condition with an average accuracy over 90 per cent.

Adobe launches AI-powered ‘Experience Platform’

IANS- Software major Adobe on Tuesday announced the global availability of “Adobe Experience Platform” for customer experience management (CXM). Stitching together data from across the enterprise, the platform enables real-time customer profiles leveraging Adobe Sensei, the company’s artificial intelligence (AI) and machine learning (ML) technology.  To help enterprises deliver personalized experiences in real-time, the Adobe […]