Universal Robots expects India biz to grow over 100 percent

Denmark-based Universal Robots expects its business in India to grow over 100 per cent with adoption of its robots in sectors like apparel, finance and electronics, the company said to ET. Universal Robots General Manager for South Asia Pradeep David said...

Artificial Intelligence to aid national goals: Telecom group

The Cellular Operators Association of India (COAI) Thursday said that the Artificial Intelligence or AI would play an important role in bringing new possibilities and meeting the national digital targets in the areas of healthcare, education and capacity building,...

Vodafone India leverages AI, Big Data to improve consumer experience

Country’s second-largest telecom service provider Vodafone India, in its strategic digital focus, is embracing Artificial Intelligence (AI) and Big Data technologies to enhance consumer experience, reported ET. “Technologies such as Artificial Intelligence and Big Data are helping us understand customer preferences better and that enable...

Govt aims to harness big data, AI in agriculture sector

The government and private companies alike are taking the first steps to deploy big data analytics, artificial intelligence (AI), and the Internet of Things (IoT) to gain insights into and offer solutions to problems in India’s agriculture sector, reported...

L&T seals Rs 14,000 crore deal to sell electrical & automation unit to Schneider

In its biggest divestment so far, engineering conglomerate Larsen & Toubro (L&T) on Tuesday said it would sell its electrical and automation business (E&A) to France-headquartered Schneider Electric for a cash consideration of Rs 140 billion, reported Business Standard. The deal...

NIET and PTC invests Rs 30 crore in its smart mfg labs

Noida Institute of Engineering & Technology, Greater Noida, in conjunction with PTC, are pleased to announce the official MOU Signing for new modernized Smart Manufacturing Lab in NIET campus on Industry 4.0, reported Dataquest. Being first of its kind in...

$180m invested in AI education by Reliance

Reliance has purchased 72.69 percent of shares of Bengaluru-based Embibe, an artificial intelligence-based education platform and has also planned to invest up to $180 million over three years into the edu-tech company. Embibe uses data analytics to deliver personalised learning...

NITI Aayog working on a national policy and incentives on AI

India will have a national policy on Artificial Intelligence soon, the initiative being spearheaded by National Institution for Transforming India, NITI Aayog. The policy will outline the areas of research, adoption, and ways of gaining profits out of the technology.  The...

Hero MotoCorp to hire 2,000 people for new manufacturing unit in AP

The two-wheeler maker Hero MotoCorp is planning to hire 2,000 people for its new manufacturing unit in Andhra Pradesh. The company announced today that it is commencing the construction of its new manufacturing facility in Andhra Pradesh. The company will invest Rs 1,600 crore...

Dassault Systemes India eyes over 10% growth in 2018

Software firm Dassault Systemes expects to register over 10 per cent growth in India by end of this year, a top company official on Tuesday  said. "Last year, we were able to achieve over 10 per cent growth year-on-year. This...

Hon Hai plots move beyond iPhone assembly to AI, Big Data

Hon Hai Precision Industry Co. Chairman Terry Gou, best known for assembling Apple Inc.’s iPhones, plans to increase its focus on artificial intelligence and big data over the next few years as he seeks to transform the contract manufacturer...

AI can catapult India to greater heights in digital space: Prasad

Artificial Intelligence (AI) has the potential to leapfrog India to its true potential of being a world leader in the digital space, said Ravi Shankar Prasad, Minister of Electronics and Information Technology and Law & Justice. “There is a need...

MediaTek unveils its Edge AI platform for cross platform consumer devices

MediaTek detailed its ongoing AI platform strategy to enable AI edge computing with its NeuroPilot AI platform. Through a combination of hardware and software, an AI processing unit (APU), and NeuroPilot SDK, MediaTek will bring AI across its wide-ranging...

LG distributes AI development tool to all divisions

In a bid to speed up the release of new products equipped with the latest technology, LG Electronics on Tuesday said that it has distributed its Artificial Intelligence (AI) development platform to all business divisions. The AI development platform,...

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