QUANTUM AI
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.
ETMarkets Smart Talk| Gold, silver or copper? Tata MF fund manager suggests a 50:30:20 commodity allocation: Tapan Patel
In this edition of ETMarkets Smart Talk, we speak with Tapan Patel, Fund Manager – Commodities at Tata Asset Management, who shares his outlook on gold, silver, copper and crude oil, explains the changing dynamics driving commodity prices, and suggests a 50:30:20 allocation to gold, copper and silver, respectively, for investors looking to build a commodity portfolio for the long term.
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.
India aims to be globally competitive semiconductor powerhouse by 2047: MoD
India is working towards becoming a globally competitive semiconductor powerhouse by 2047 and focuses on next-generation technologies. The Defence Research and Development Organisation participated in the Emerging Science, Technology and Innovation Conclave 2026 themed 'Creative Minds, Catalysing Science, Empowering Society'.
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DRDO showcases indigenous chips for advanced radar, electronic warfare and missile systems
At the Emerging Science, Technology and Innovation Conclave (ESTIC) 2026, held at Bharat Mandapam in New Delhi from October 27 to 29, DRDO displayed Monolithic Microwave Integrated Circuits (MMICs) and Infrared Focal Plane Arrays (IRFPAs), developed by its Solid State Physics Laboratory (SSPL), Delhi.

Abundantia Entertainment and invideo announce first film of their co-production slate Beta Builder
Abundantia Entertainment and invideo have announced the commencement of production for the film Beta Builder. Directed by Hridaye A Nagpal, this innovative film blends live-action with AI-driven technology. The story follows Jai, a self-taught architect from Dharavi, as he navigates the virtual reality landscape. The film explores themes of ambition and community, highlighting the importance of belonging. With a talented cast, this production marks a significant step into AI-assisted filmmaking.

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.

SBI launches CyRIS to strengthen cybersecurity capabilities
SBI proudly introduces CyRIS, its new Cybersecurity Centre of Excellence, designed to elevate digital protection and competence. This centre will delve into vital aspects like threat intelligence, cyber defense mechanisms, and ethical hacking practices. It also emphasizes malware analysis, AI security, and quantum-safe advances, showcasing SBI's unwavering resolve to fortify cybersecurity across the financial landscape through collaborative efforts.

Chip startup Nova Spectral AI raises Rs 21 crore to build low-cost image sensors
Founded by IIT Kanpur alumni Anish Priyadarshi and Sanjeev Kumar, the startup is developing a short-wave infrared (SWIR) sensor that can help cameras capture images in low light and through smoke, haze, and fog. It aims to make these sensors up to 100 times cheaper than existing technology, opening up potential applications in defence, robotics, cars, and smartphones, the founder said.

SBI opens cyber CoE, announces training for 1.8 lakh staff in cybersecurity
'CyRIS' will focus on emerging digital safety and capability areas, including threat intelligence, cyber defence, digital forensics, malware analysis, ethical hacking, fraud analytics, AI security, and quantum-safe technologies, as per an official statement.

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.

IIIT-Bangalore, Poland’s AGH University sign MoU for academic, research collaboration
The agreement covers joint research activities, development of academic programmes, exchange of academic materials and mobility opportunities for faculty members and students.

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.

We're seeking development in all domains, air, sea to AI, says Vice Chief of Naval Staff Ajay Kochhar
The Indian Navy is pursuing development across multiple technological domains including air, underwater, AI, and quantum technology. Vice Chief of Naval Staff, Vice Admiral Ajay Kochhar, stated the importance of adopting new technologies for enhanced operational capabilities. The ongoing crises in West Asia have prompted increased engagement and deployment of naval forces. Operations such as Urja Suraksha have been initiated to protect maritime interests amidst regional conflicts.

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.

India to take a leap in quantum, NM-ICPS 2.0 in works: DST Secy Waghmare
India aims to become a leader in quantum technology among Global South countries. The Centre is preparing for NM-ICPS 2.0, building on the first phase ending December 2027. Efforts include developing quantum-resilient encryption techniques for critical database systems. Research and development spending has increased significantly, with a target of reaching 2% of GDP by 2035. The government is focusing on partnerships with industries to further support technological advancements.
IBM executive warns of risk of quantum computing hacks
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.
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