Education on technology

Researchers at AI4Bharat , a start-up backed by Microsoft , are raising $12 million (nearly Rs. 100 crore) from venture capital firms Peak XV and Lightspeed Venture, according to three people familiar with the matter. The larger-than-usual seed funding round underscores the growing interest in generative AI , after OpenAI 's ChatGPT dazzled users with its ability to engage in human-like conversations. Most seed rounds are usually up to $1 million (nearly Rs. 8,300 crore) to $2 million (nearly Rs. 16,500 crore). AI4Bharat, which is also backed by the Indian government, has been developing AI models for speech recognition and translation. It unveiled in May a mobile assistant that aims to make information on government schemes accessible in multiple languages. AI4Bharat, Peak XV and Lightspeed did not immediately respond to Reuters' requests for comment. Incubated at the Indian Institute of Technology in Madras and supported by a grant from Infosys co-founder Nandan Nilekan

Is it permissible in law for a statute to have unbound and limitless discretionary authority, the Bombay High Court asked on Friday while hearing a bunch of petitions against the recently amended Information Technology (IT) Rules against fake news. A division bench of Justices Gautam Patel and Neela Gokhale said before it goes into the effect the Rules would have on the fundamental rights of citizens, it needs to know the boundaries and limits of the words - fake, false, and misleading - used in the Rules. The court was hearing a bunch of petitions challenging the IT Rules that empower the Centre to identify fake, false, and misleading information posted on social media against the government and its business. Stand-up comedian Kunal Kamra, the Editors Guild of India, and the Association of Indian Magazines filed petitions in the high court against the rules terming them as arbitrary, and unconstitutional and saying that they would have a "chilling effect" on the fundamen

Samsung Galaxy M34 5G has been launched in India today (July 7). The latest Galaxy M-series smartphone is powered by the Exynos 1280 SoC, coupled with 8GB of RAM and up to 128GB of onboard storage. It comes as a successor to last year's Galaxy M33 and runs on Android 13-based One UI 5. The Galaxy M34 5G gets a 6.5-inch AMOLED display with a 120Hz refresh rate and is equipped with a 50-megapixel triple rear camera setup. The new smartphone houses a 6,000mAh battery that is claimed to deliver up to two days of battery life on a single charge.  Samsung Galaxy M34 5G price in India, availability Price of the Samsung Galaxy M34 5G in India is set at Rs. 16,999 for the base 6GB RAM + 128GB storage variant and the top-of-the-line 8GB RAM + 128GB storage model costs Rs. 18,999. These are introductory prices with bank offers. Samsung has not specified the duration of this special launch offer. The handset comes in Midnight Blue, Prism Silver, and Waterfall Blue colour options. The new S

State-owned Punjab National Bank (PNB) on Thursday announced the launch of a virtual branch, PNB Metaverse. It is a virtual branch of the bank, which will deliver a unique experience of banking to existing and new customers, who can now explore the bank's products and services such as bank deposits, retail/MSME loans, digital products, women/senior citizens, 'Do It Yourself' and government flagship schemes, PNB said in a statement. PNB has developed the Bank's Metaverse Branch, where its customers will get exclusive access to its virtual environment from the comfort of their home or office through their mobile phones and laptops, it said.  In addition, the bank will offer an immersive 3D experience to the customers while performing traditional banking activities through their digital avatars, it said. In this new phase of the internet, which evolves from a disparate collection of sites and apps into a persistent 3D environment, where moving from work to a social pl