Category Archives: News & Events

The technology and startup industry is abuzz with recent advancements; AI and quantum computing are breaking new ground, promising transformative changes across sectors. In the startup realm, a surge in sustainable and socially conscious ventures reflects a shift towards responsible innovation. Industry events are increasingly focusing on fostering diversity in tech, highlighting the need for inclusive growth and representation in the rapidly evolving digital world.

Google Drive: A New Frontier for Spam Attacks

Google Drive: A New Frontier for Spam Attacks

Google Drive, a widely embraced platform for file storage and sharing. It has recently come under the radar of spammers, leading to a surge in spam attacks. This shift highlights a concerning trend as the platform’s popularity makes it an attractive target for malicious activities.

RBI’s Directive to Banks Amid Rising Cyber Threats as per CSITE

RBI ask all banks to enhance security

In a proactive move to safeguard the Indian banking sector from the escalating threats of cyber-attacks, the Reserve Bank of India (RBI) issued a directive to banks on Monday, emphasizing the urgent need for enhanced security measures.This development comes in the wake of the findings from the latest Cyber Security and Information Technology Examination (CSITE).

GOI Mandates MeitY Approval for Deployment of AI and Generative AI Models

Ministry of Electronics and Information Technology (MeitY)

Ministry of Electronics and Information Technology (MeitY) in India introduced a new mandate requiring companies that wish to deploy Artificial Intelligence (AI) and Generative AI (GenAI) technologies to first secure approval from the ministry. This significant step is aimed at overseeing the fast-growing domain of AI to guarantee its use is both ethical and responsible.

Revolutionizing Mobility: Mono Wheel Robot

Mono-wheel-robot-this-innovation-will-revolutionize-mobility

A mono wheel robot, ingeniously designed for balancing in a myriad of scenarios, embodies the pinnacle of robotic engineering and control systems. This innovative machine, equipped with a single large wheel encasing its entire structure, utilizes advanced gyroscopic technology and real-time adaptive algorithms to maintain equilibrium across diverse terrains and in dynamic environments.

Aadhaar Enabled Payment System (AEPS)

Aadhaar Enabled Payment System (AEPS)

The Aadhaar Enabled Payment System (AEPS) is a dependable and safe mode of payment that allows users to conduct transactions using their Aadhaar number and biometric verification. Initiated by the government, AEPS aims to ensure that all citizens can avail fundamental banking services economically, fostering financial inclusion.

OpenAI Working on 2 Agents to automate complex tasks

Finance-services-by-smart-group

AI technology is advancing rapidly, and OpenAI is at the forefront of this innovation. They’re working on two groundbreaking AI agents which would automate Complex tasks. One can manage tasks on a user’s device, like moving data between spreadsheets and handling expense reports, completely without human help. The other specializes in online tasks, such as planning trips, finding public information, and booking flights.

Robotic Thread to clear Blood Clots in Brain !

Robotic-thread--used-to-remove-brain-clots

The design of the robotic thread is nothing short of ingenious. Its flexibility, softness, and slim profile allow it to weave through the brain’s intricate blood vessels. In the high-stakes field of neurosurgery, such precision is vital. The magnetic control of the thread brings a new level of manoeuvrability. It makes the procedure less invasive and reduces risks tied to traditional surgeries.

Cooking robots tailored for commercial kitchens & restaurants!

Nala-Robotics-Smart-group-Cooking-Food

In the vibrant core of contemporary dining establishments, a groundbreaking transformation is taking place, heralded by the introduction of cooking robots developed by Nala Robotics. These robotic chefs are not merely tools for food preparation; they signify a profound shift in culinary practices. Leveraging generative AI, these robots are equipped with the ability to concoct […]

Exploring AI Benefits for Small Enterprises and Their Potential Advantages

AI-For-Small-Business

In an age where the definition and implications of artificial intelligence (AI) are still being unraveled by many entrepreneurs, a recent study by the Small Business and Entrepreneurship Council (SBEC) reveals a significant adoption of AI tools among small businesses, leading to substantial improvements in efficiency and saving billions of dollars every year.

According to the SBEC’s findings, nearly half (48%) of small businesses have incorporated AI tools in the last year, with another 29% having used them for between one and two years. SBEC CEO Karen Kerrigan notes, “The swift adoption of AI by small businesses is evident, and the diverse array of tools and applications available are elevating their profitability, efficiency, and competitive edge in critical times. An overwhelming 93% of these business owners acknowledge the cost-effectiveness of AI tools in fostering savings and boosting profitability.”