QUANTUM COMPUTING
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.
India can achieve $1 trillion exports target this fiscal despite global headwinds: Piyush Goyal
Commerce Minister Piyush Goyal expressed confidence that India would achieve its $1 trillion exports target in 2026-27 despite global uncertainties. He said nine FTAs could open preferential market access to economies with a combined GDP of $60 trillion. Goods and services exports were estimated at $476.2 billion in April-September.
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.
QClairvoyance's quantum chemistry bet: Transitioning from research to pharma partnerships
QClairvoyance Quantum Labs has performed chemically precise simulations of eight small molecules on an actual quantum computer, marking progress towards drug discovery applications.
Intel to buy quantum firm Classiq for about $2.3 billion: Report
The Israeli startup would also add quantum processors to Intel's lineup, which already includes central processing units and graphics processors. Intel said it plans to keep Classiq's software compatible with other companies' hardware after the deal closes.
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.
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.
RBI data centre to strengthen payment systems, cyber resilience
The Reserve Bank of India inaugurated a new sovereign data centre to enhance the resilience of financial services and reduce reliance on third-party cloud providers. Prime Minister Narendra Modi also inaugurated a cybersecurity training institute, which will develop expertise in emerging technologies. The data centre will support critical systems like RTGS and NEFT for efficient financial transactions.
PM Modi inaugurates RBI’s Rs 169-crore data centre, cybersecurity institute in Odisha
Prime Minister Narendra Modi inaugurated the newly established Reserve Bank of India's data centre and Cybersecurity Training Institute in Bhubaneswar. The investment for these facilities was Rs 169 crore, aimed at enhancing technological infrastructure. The data centre holds Uptime Institute's Tier IV certification, which ensures resilience in data handling. The Cybersecurity Training Institute will focus on emerging technologies and research in the banking sector.
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.
‘Come, work and serve in India’: Industry minister Piyush Goyal calls for stronger research ecosystem to attract Indian talent back home
Piyush Goyal highlighted the importance of enhancing industry-academia partnerships during his address in Berlin. He emphasized the need for better research facilities to support Indian talent abroad. Goyal discussed various sectors, including semiconductors and quantum computing, where collaboration can occur. German companies increasingly view India as a key partner for innovation and manufacturing. His visit aims to strengthen India's technological cooperation with European nations for future development.
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.
Army invites applications for 75-day internship programme in defence technologies
According to programme details shared by Northern Command, the 75-day internship will comprise 15 days of online learning and 60 days of physical internship, they said.
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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