Oil climbed to the highest level in more than a month and bonds fell as US and Iranian attacks escalated, renewing inflation concerns. Stocks edged up after a technology-led selloff rattled markets last week.
Google DeepMind CEO Demis Hassabis predicts artificial general intelligence could arrive around 2030. He emphasizes the need for society to prepare for this transformative technology. Hassabis also highlighted the growing value of human creativity and unique thinking skills. He proposed a US-led watchdog to regulate advanced AI models before their release. This body would test frontier AI and coordinate industry slowdowns if risks demand.
India has launched a secure, indigenous time signal network for critical infrastructure. This initiative reduces reliance on foreign timing sources for essential services. The system uses White Rabbit technology for highly accurate time synchronization. It aims to enhance reliability in banking, telecom, and power grid operations. This development supports India's technological self-reliance and digital economy.
With the Income tax department increasingly using technology, data analytics, AIS, broker reports, mutual fund disclosures and overseas information exchange, filing an accurate ITR now requires not only correct tax computation but also complete and consistent reporting.
Apple has initiated legal actions against OpenAI and its former employees. The company filed a lawsuit accusing OpenAI of stealing hardware designs and manufacturing blueprints. Apple sent legal warnings to approximately forty former employees to preserve documents. These actions follow a previous partnership between the two technology giants. OpenAI denies the allegations and states no evidence supports the claims.
Skyroot Aerospace launched India's first privately developed orbital rocket, Vikram-1. The vehicle successfully placed four technology demonstration satellites into low-Earth orbit. This launch marks a significant milestone in opening India's space sector to private companies. Vikram-1 utilized advanced carbon-composite structures and a restartable liquid-fuelled module. The mission validates India's capabilities in private orbital launch vehicle development.
Shenzhen Inovance Technology Co. Ltd. is considering acquisitions in Europe, signaling the Chinese company is readying a push to compete in Europe with industrial incumbents like Siemens AG and top auto supplier Robert Bosch GmbH.
<p>Chinese President Xi Jinping on Friday cast Beijing as the champion of a <a href="https://www.dawn.com/news/2016032/pakistan-joins-global-ai-organisation-as-founding-member">new global AI order</a>, using China’s premier tech conference to promote open-source technology and challenge US influence over the rules governing the fast-moving sector.</p>
<p>In a speech to the opening ceremony of the World Artificial Intelligence Conference (WAIC) in Shanghai, Xi urged countries to “seize the
NITI Aayog proposes six national initiatives for India's biotechnology sector. This roadmap aims for a $691 billion bioeconomy by the year 2035. These missions will strengthen capabilities in healthcare and agriculture. They also focus on industrial biotechnology and disease surveillance. The plan includes a Rs 50,000-crore growth fund.