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Ai Technology News - Latest Updates & Headlines

UIDAI's AI-powered Aadhaar face authentication sees over 130.5 crore transactions, revolutionizing biometric verification

New Delhi, April 1: The AI and machine learning (ML) based Aadhaar Face Authentication solutions developed in-house by the Unique Identification Authority of India (UIDAI) has been witnessing a massive growth, with over 78 per cent of the total transactions coming alone in the FY 25 fiscal year, which ended 31 March 2025, the Ministry of Electronics and IT said in a release on Tuesday.

RBI Governor sees AI as key tool to combat money laundering

Mumbai, March 26: Reserve Bank Governor Sanjay Malhotra on Wednesday said that considering the evolving landscape of money laundering, regulators will need to continuously augment artificial intelligence (AI) and Machine Learning (ML) risk assessment framework to make appropriate system enhancements.

Punjab to open two brainstorming centres says CM Mann

Amritsar, March 8: Punjab Chief Minister Bhagwant Mann on Saturday announced the government would open two brainstorming centres, each in Amritsar and Mohali, for students to share business ideas on the pattern of Speakers Platform in Germany's Munich.

India will be at forefront of AI era, says Piyush Goyal

Mumbai, March 2: With the Modi government’s sound policies playing the role of an enabler for entrepreneurs and innovators to take advantage of the new digital wave, India will be at the forefront of the AI age, Commerce and Industry Minister Piyush Goyal said.

More US investment could be considered on incentives: Korean biz lobby chief

Washington, Feb 23: Chey Tae-won, chairman of SK Group who also serves as the head of the Korea Chamber of Commerce and Industry (KCCI), has said the chips-to-battery conglomerate could consider making more investments in the United States should there be incentives to do so under the new Donald Trump administration.