Sonata Software bolsters adoption of GenAI solutions with AWS
Sonata's Harmoni.AI, the Responsible-first AI for Enterprise scale, is designed to ensure trust, privacy, security, compliance, and uncompromising ethics.
Sonata's Harmoni.AI, the Responsible-first AI for Enterprise scale, is designed to ensure trust, privacy, security, compliance, and uncompromising ethics.
Foxconn is the world's largest electronics manufacturer and a leading global science and technology solutions provider. As per Foxconn's official website, Liu is a recognised entrepreneur and innovator with over four decades of industry experience.
Altman said, "Even with its very limited current capability and its very deep flaws, people are finding ways to use [this tool] for great productivity gains or other gains and understand the limitations. People understand tools and the limitations of tools more than we often give them credit for."
The venture is set to lead the USD 175 billion digital transformation opportunity, which is projected to evolve into a USD 1 trillion market by 2030.
Union Minister of State for Information Technology Rajeev Chandrasekhar said India's stance has been that the internet and every other emerging technology should be deployed in a "safe and trusted" manner.
For instance, Apple has been assembling iPhones in India, a strategy that has proven mutually beneficial. This localization not only enables Apple to meet local demands efficiently but also mitigates the impact of import duties. Similarly, Samsung has established the world's largest mobile phone manufacturing facility in India, showcasing the nation's capacity to cater to the production needs of global tech giants.
With a strong presence in the global tech industry, the company's decision to invest in India is expected to have far-reaching implications for the country's digital ecosystem.
With its technological and financial solutions, EBANX will enable global merchants to offer their Indian customers the most used local payment methods, starting with the local real-time payments system UPI (Unified Payments Interface) and cards, enabling businesses and people to thrive in the booming digital commerce space in India.
Digital payment infrastructure has been widely accepted as a way to bring financial inclusion.
On its social media account, X (formerly known as Twitter), the World of Statistics listed 21 companies that have Indian-origin CEOs. This list includes Alphabet: Sundar Pichai, World Bank Group: Ajay Banga, Micron Technology: Sanjay Mehrotra, Adobe: Shantanu Narayen and many more. Recating on the post, Musk on his micro-blogging account said, "Impressive".
India has emerged as one of the fastest-growing ecosystems for fintech innovation and the government and the central bank have been instrumental in driving the globalization of India's digital payment infrastructure. A key emphasis of Indian government has been on ensuring that the benefits of UPI are not limited to India only, but other countries, too, benefit from it.