- Paytm Acquires Tech Startup Cube26, Which Is Backed By Tiger Global And Flipkart Digital payments giant Paytm has acquired New-Delhi based Cube26, a tech startup backed by Tiger Global and Flipkart with $7.7 Mn Seed funding in 2015. Cube26 has customised Android OS and developed various applications for OEMs to give them a competitive edge After the acquisition, the Cube26 team will join the digital payments company to work towards adding […]
- How Infrrd Is Using Computer Vision & NLP To Offer Automated Data Extraction Capabilities To Its Partner Enterprises Eliezer Yudkowsky, an American AI researcher and writer, says, “By far, the greatest danger of Artificial Intelligence is that people conclude too early that they understand it.” When artificial intelligence messes up, it can be unsalvageable, or downright hilarious, as can be seen from the mismatched captions on these photographs tagged by one of the […]
- Master These Characteristics For Early AI Adoption Artificial Intelligence market is all set to grow at a compound annual growth rate (CAGR) of 57% from 2017 to 2025 to become a market worth of $36 Bn, according to Grand View Research. AI market had already seen a rise in investments in 2016 from $20 Bn to $30 Bn and these investments are […]
- The Significance Of AI And Machine Learning In IIoT “Hey Siri, what is IIoT?” Every time you ask Siri, you get an accurate answer. Wonder how your virtual assistant suggests, thinks and talks like a human being? Because it has been taught that way through machine learning. Finance, retail and healthcare are just a few of the many industries that are benefitted by machine […]
- Why Artificial Intelligence is the Next Big Thing in CRM In the last two decades, competition has increased rapidly. This has led to more choices for customers which, in turn, has increased the pressure on businesses to become more agile and responsive. Along with affordable prices and high-quality service, customers now look for personalised experiences. Relevance, according to Bob Stutz, CEO of Salesforce’s Marketing Cloud […]
- How Artificial Intelligence in Hotels will impact the Operational Dynamics and Customer Experience Over the last couple years, multiple changes within the technology space (most notably – artificial intelligence in hospitality) have brought forward a paradigm shift and disrupted a myriad of industries, leaving some players behind while simultaneously adding more value for the end users. The adoption of new emerging technologies has gone on to become quite […]
- Sanskrit Is Most Suited To Work On ML, AI: President Ram Nath Kovind The Indian new age tech startups may soon be on their way to blend their tech algorithms for ML (Machine Learning ) and AI (Artificial Intelligence) with the ancient ‘Sanskrit’ language. During the 17th convocation of the Shri Lal Bahadur Shastri Rashtriya Sanskrit Vidyapeetha in New Delhi, President Ram Nath Kovind shared that “many scholars […]
- Omidyar Network Led $2.8 Mn Seed Funding Round In Fintech Startup Kaleidofin Chennai-based fintech startup Kaleidofin has raised over $2.8 Mn in seed funding from Omidyar Network. Blume Ventures and individual investors – including Israeli serial entrepreneur and inventor, Professor Shlomo Ben-Haim – have also participated in the round. This is Professor Ben-Haim’s first investment in India. With the raised funding, the startup aims to accelerate its customer […]
- Customer Engagement Company ZineOne Raises $2.5 Mn Funding From Omidyar Network Silicon Valley-headquartered customer engagement company ZineOne has raised $2.5 Mn in Series A round of funding led by Omidyar Network. The company currently has an office in India. Others who participated in the funding round include Harvard Business School Alumni Angels, Touchstone Equities, as well as existing investors Hyderabad Angels and Golden Seeds. It plans […]
- Google Organises Workshop On AI and Machine Learning In India In an attempt to make India technologically advanced, technology giant Google organised a workshop on artificial intelligence (AI) and machine learning in Bengaluru today. Interestingly, several famous personalities, such as computer scientist and software engineer Jeff Dean and Vice President of Engineering at Google Prabhakar Raghavan, kicked off the workshop by sharing the organisation’s future […]
- Budget 2018: Govt. Still Strong On Digital India; Allocates $480 Mn To Promote AI, ML, IoT “In this digital age, we have an opportunity to transform the lives of people in ways that were hard to imagine a couple of decades ago. I see technology as a means to empower and as a tool that bridges the distance between hopes and opportunity. We must ensure that technology is accessible, affordable and […]
- Exclusive: AI Based HRTech Startup Skillate Raises Funding AI-based HRTech startup Skillate has raised an undisclosed amount of funding from Incubate Fund India, and Industry expert and Director of Zyoin, Anuj Agrawal, says co-founder Anand Baranwal. The newly raised funding will be used to accelerate product development, expand its team and bolster marketing initiatives to ramp up its customer base in India and […]