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    AI AND QUANTUM COMPUTING

    Quantum could solve AI energy drain, says tech founder

    Quantum computers could curb the vast energy demands of artificial intelligence data centres with their ability to run complex calculations, one of the tech's pioneers told AFP. Australian startup Diraq is conducting the first field test worldwide putting a small quantum computer based on a silicon chip in a commercial data centre in Sydney. Diraq's computer installed in Equinix's Sydney data centre has eight quantum bits, or qubits, on a silicon chip.

    L&T Finance Pitch Point 2.0: Where an AI startup’s big idea meets enterprise scale

    Pitch Point, L&T Finance’s contest for AI startups, is back for a second edition. Last year’s winners, Arrowhead AI and SpoofSense, talk about what they got out of it and what they would tell this year’s new applicants.

    Fridge hacks and finance attacks flag AI insecurity

    The growing use of AI in cyberattacks could pose a major threat to the global economy, financial markets and critical infrastructure, according to a Reuters commentary by Mike Dolan.

    Uttar Pradesh to launch state Quantum Mission, steps up push for AI and robotics

    The state of Uttar Pradesh is gearing up to launch a transformative Quantum Mission, poised to bolster its technology framework. By focusing on quantum technology within a broader digital transformation agenda, the initiative aims to ignite innovation. At the ETGovernment AI Vision Conclave, leading industry figures explored the adoption of AI, investment avenues, and workforce readiness.

    Social media norms, AI, deepfakes, chips among others on review list of parliamentary panel in 2026-27

    The development comes as several incidents of age-inappropriate content, circulation of child sexual abuse material (CSAM), and alleged censorship on social media have been reported widely.

    German startup NVision shows new path to quantum computing chips in Nature paper

    Startups and tech giants such as Microsoft and IBM alike are racing to build quantum computers that hold the promise of solving problems that would take conventional machines thousands of years. But NVision, which has raised more than $155 million in funding from firms such as Abbott Laboratories, made the discovery published on Wednesday while working in an entirely different field: improving medical devices.

    • What is the difference between buyout and layoff? Microsoft offers buyout to 60,000 employees; check what it means for workers

      Microsoft buyout offer to 60,000 workers: Microsoft has introduced a Voluntary Exit Offer (VEO) for eligible employees in India, the US, Canada and the UK, with reports suggesting around 60,000 workers could qualify. The programme allows employees to leave voluntarily with financial support, unlike layoffs, where the company decides to cut jobs. The move comes as Microsoft ramps up AI investments while managing workforce costs.

      AI models have produced proofs challenging major theories in maths, computing, physics: OpenAI

      OpenAI has claimed its AI models have disproved the Exponential Time Hypothesis, which impacts computer science research. The findings include proofs related to harmonic analysis and quantum field theory, influencing various scientific domains. Researchers will verify these claims, and OpenAI plans to share the results for independent examination. The company is also funding a conference to discuss the implications of these discoveries.

      Israel votes today: What’s at stake for India as Bibi faces tough fight

      Israel's elections on October 27 will significantly affect the country's relationship with India. More than just political outcomes, defense and trade agreements will be critical in bilateral ties. India aims to maintain cooperation regardless of the election's outcomes or the new leadership in Israel. The balance between Israel and Iran remains essential for India's regional strategy and economic interests.

      Talent, compute and R&D key to India's AI ambitions: Report

      India will need to strengthen its talent pool, research and development (R&D) capabilities, computing infrastructure and data systems to translate advances in artificial intelligence (AI) and other emerging technologies into economic and social benefits, according to a report by KPMG.

      BITS Pilani revamps UG curriculum to prepare students for AI era: Vice Chancellor

      BITS Pilani has revamped its undergraduate curriculum to prepare students for a future dominated by artificial intelligence. This innovative approach prioritizes academic flexibility while integrating research and real-world industry applications. Students will engage in various activities that promote both physical and mental well-being, earning a total of 30 Points of Experience. The curriculum now also highlights crucial areas like AI and data science, enhancing practical learning and encouraging interdisciplinary collaborations.

      China urges United States to halt proposed expansion of outbound investment curbs

      China's commerce ministry has called on the United States to stop expanding investment restrictions related to sensitive technologies. These restrictions may negatively impact trade relations between the two countries following new proposals from the US Treasury. The US aims to prevent its capital from aiding foreign adversaries in developing dual-use technologies. Beijing firmly opposes these measures and may initiate countermeasures if the proposal is implemented.

      AI driven cyberattacks pose growing threat to capital markets, warns NSE's Ashish Chauhan

      During the ANMI convention in Mumbai, Ashish Kumar Chauhan stressed the urgent need to address AI-driven cyber risks threatening the financial sector. He urged collaboration among market players to build a strong defense against such advanced threats. Chauhan also highlighted the necessity of regulatory reforms to safeguard market integrity and investor confidence, noting the impressive growth of India's capital markets, which now boast a market capitalization that surpasses banking credit.

      Union Minister Sarbananda Sonowal invites Polish firms to ‘build, innovate and grow with India’

      Union Minister Sarbananda Sonowal addressed the India-Poland Business Forum, emphasizing stronger business ties between the nations. He highlighted Poland's strengths in engineering and clean energy and India's market potential and skilled workforce. Sonowal proposed initiatives to enhance collaboration in sectors like AI, quantum computing, and smart manufacturing. He called for Indian and Polish companies to innovate and invest together for mutual growth. Trade between India and Poland has reached $6.36 billion.

      US Treasury proposes a rule to crack down on high-tech investments in China, other adversaries

      The U.S. Treasury Department plans to enforce a rule limiting high-tech investments in China and Russia. This initiative aims to curb investments that may boost military capabilities in identified countries. The proposed restrictions will apply specifically to investments exceeding $50,000 and exclude many financial options. Treasury will review public comments before finalizing the rule, indicating a longer compliance process. Additionally, the ongoing tech rivalry between the U.S.

      PNB cautions customers of AI-led cyberattacks amid surging frauds

      Punjab National Bank has alerted its customers about the escalating threat of AI-generated cyberattacks. These advanced phishing techniques employ AI voice cloning to trick individuals into hastily carrying out transactions. The bank strongly encourages customers to stay vigilant, ensuring they verify communications through reliable sources. Emphasizing the need for good digital practices, the bank reminds customers that cybersecurity is a joint effort.

      RDI fund to spur 10-fold investment from private sector, says NITI's Abhay Karandikar

      The Research, Development and Innovation (RDI) scheme aims to significantly increase private sector investment in India. It is designed to catalyse nearly Rs 10-lakh crore in investment over the next ten years while creating new job opportunities. The focus will be on crucial technology areas like artificial intelligence, biotechnology, and space technologies.

      Semiconductor ecosystem: Made in India and designed for India

      India’s competitive advantage will not come from manufacturing at China’s scale or cost. It lies in building customised devices for specific users and applications.

      Flipkart ex-staff push for Esop buyout; Wipro, Tech Mahindra’s Q2 report

      Happy Friday! Former Flipkart employees are asking Walmart to cash out their vested stock options. This and more in today’s ETtech Morning Dispatch.

      'India's dynamic market': Canada Trade Minister Sidhu highlights opportunities for Canadian firms

      Canadian International Trade Minister Maninder Sidhu has highlighted opportunities for Canadian companies in India's "dynamic market", identifying artificial intelligence, quantum computing, aviation infrastructure, digital innovation, sustainability and smart mobility as key areas for bilateral cooperation.

      Tech Mahindra Q2 Results: Net profit jumps 33% YoY to Rs 1,586 crore; co declares Rs 15/share dividend, 1:1 bonus issue

      Tech Mahindra Q2 Results: Along with the earnings, Tech Mahindra's board declared an interim dividend of Rs 15 per equity share of face value Rs 5 each, equivalent to 300%, for the financial year 2026-27. It also approved a 1:1 bonus issue, under which shareholders will receive one bonus equity share for every existing equity share held, subject to the applicable terms and conditions.

      Organisations are unprepared for the risks posed by quantum computing, IBM's Europe and Africa vice-Wednesday, referring to the high-speed technology that could crack security encryptions and enable large-scale cyberattacks. I would say less than 10 percent today," Curioni said on the sidelines of a London conference organised by the American technology pioneer.

      IIT Kanpur launches $1-billion fundraising campaign

      IIT Kanpur has started a significant fundraising campaign named 'Greater Than Us' to raise $1 billion by March 2029. The campaign aims to secure investments focused on Foundation, Talent, and Frontier developments at the institute. Notably, approximately Rs 4,155 crore in commitments has already been pledged. A substantial portion of the funds will enhance research infrastructure and faculty accommodations on campus.

      IIT Kanpur launches $1 billion fundraising campaign

      IIT Kanpur has launched the ‘Greater Than Us’ campaign aiming to raise $1 billion by March 2029. The campaign has already secured approximately Rs 4,155 crore in commitments from donors. It focuses on three pillars: Foundation, Talent, and Frontier for institutional growth. Investments will enhance research facilities, support exceptional individuals, and promote real-world applications in various technological fields.

      UPI MDR rollout pushed; India’s first quantum computer coming soon

      Happy Wednesday! The implementation of MDR on select UPI payments has been deferred beyond Diwali. This and more in today’s ETtech Morning Dispatch.

      IBM to deploy India’s first quantum computer in Amaravati early 2027

      The facility will focus on developing practical applications for quantum computing and helping Indian enterprises prepare their IT infrastructure for post-quantum cryptography.

      Google Gemini 4 Argon rollout begins: Price, features and how to get the AI that's 'built to solve your hardest problems'

      Google has introduced Gemini 4 Argon, an advanced AI model tailored for tackling intricate, real-world challenges. Developers can access this model through the API integrated within the AI Studio and Gemini platform. Various businesses have leveraged Argon to enhance productivity across areas such as coding, finance, legal affairs, and cybersecurity.

      India at defining moment, unique opportunity to shape exponential tech like AI: IBM India & South Asia MD

      Indian enterprises stand at the threshold of transformation through AI and automation, with IBM emphasizing the crucial blend of real-time data and trust in these evolving systems. The ongoing collaboration with MeitY Startup Hub seeks to propel deep tech innovation among startups in India, fostering local technological excellence and offering access to vital mentorship and resources.

      Intel CEO says Chinese frontier AI model adoption has been 'very fast'

      At a recent panel, Intel CEO Lip-Bu Tan discussed the swift integration of Chinese frontier AI models like DeepSeek, Kimi, and GLM. He noted their satisfactory performance and stressed that open-source development facilitates greater efficiency. Tan forecasted a mainstream shift in quantum computing within three to five years and underscored the vital role of software in streamlining essential infrastructure.

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