Page 134 - Data Science News Today

Google is testing a new AI-based scam call detection feature. However, its legality is in question, as profiling callers based on conversation content without their consent is not permitted in India. In 2021, one scammer in India was responsible for 202 million scam calls, which is about 27,000 fraud attempts every hour.

The 14th edition of the International Conference on Excellence in Research and Education (CERE) hosted by the Indian Institute of Management (IIM), Indore concluded with scholars from various management domains sharing their research findings. Professor Himanshu Rai emphasized the importance of education in addressing global challenges like environmental, social, and governance issues.

Researchers reveal a worrisome increase in stunting among South African children aged 0 to 5 years potentially aggravated by climate change.

Advantages of AI and Data Science include personalised care, cost-cutting, and diagnostic accuracy - EducationTimes.com

The record high transactions come after a month-on-month dip in volumes in April to 13.3 billion, with the network dropping 1% from 13.44 billion in March. In May, the average daily transaction value was Rs 65,966 crore with average daily volumes at 453 million. UPI is the fastest growing digital payments channel in the country.

Edtech unicorn Unacademy has changed the target for its cofounders Gaurav Munjal and Hemesh Singh to access additional voting rights through bonus shares issued to them in 2022. Industry sources said this move throws light on Unacademys changing ambitions as well as the broader sluggishness in the startup funding ecosystem.

Reliance Retail, a subsidiary of Reliance Industries, has begun testing the governments Open Network for Digital Commerce (ONDC) through Fynd, an omnichannel retail platform in which Reliance holds an investment.

Jio Finance will offer UPI payments, bill payments, insurance advisory and digital banking. Eventually Jio Financial Services will offer credit products like loans against mutual funds, home loans and others to its customers through the app.

The European Union wrapped up approval of the worlds first law governing AI development last week. This legislation takes a tiered approach, setting varying compliance timelines and regulations based on the potential risk each AI system poses. Generally applicable AI will have a year to comply, while high-risk systems get up to three years.

Angel One, the countrys third largest stock broker, is set to undertake a major corporate restructuring exercise, according to two people in the know. Angel One is setting up a holding company under which all its different business entities will be held as subsidiaries.