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Searched Tag: genai

Asia-Pacific GenAI spending to reach $26 billion by 2027, India to lead expansion

April 21, 2024, 09:57 PM - 2 min read

GenAI expenditure in the Asia-Pacific region is expected to reach $26 billion by 2027, with a projected compound annual growth rate (CAGR) of 95.4 percent for the foreseeable future.

Jaishankar Warns of Potential Risks of Emerging Technologies

March 3, 2024, 09:27 AM - 2 min read

During an interactive session at a think-tank, Jaishankar stressed the importance of safeguarding against cyber threats, noting the increasing presence of foreign interference through this domain.

Ministry of Electronics and Information Technology (MeitY) has issued an advisory to generative AI companies like Google and OpenAI operating in India

Centre directs GenAI companies to seek Govt approval ahead of Lok Sabha polls

March 2, 2024, 05:28 PM - 2 min read

Minister of State for Electronics and IT, Rajeev Chandrasekhar, emphasized the imperative of safeguarding the integrity of the electoral process, citing it as the primary reason for the advisory. Chandrasekhar elaborated on the need for regulatory measures to address potential threats posed by generative AI platforms, signaling towards forthcoming legislative actions.