New Delhi, June 23: Digital payment systems such as UPI and Aadhaar-enabled banking services now account for 61% of MSME transactions, highlighting the rapid shift towards digital financial ecosystems in India, according to a recent report. The findings underline the growing dependence of micro, small, and medium enterprises (MSMEs) on digital platforms for daily business operations, including payments, receipts, and financial management. The report notes…
India Strongly Advancing Sovereign AI Strategy, Says Report
New Delhi, June 23: A large majority of Indian policymakers are actively advancing a sovereign artificial intelligence (AI) strategy, with 96% reportedly focused on strengthening national capabilities in the emerging technology space, according to a recent report. The findings highlight India’s growing emphasis on building independent AI infrastructure, enhancing data security, and reducing reliance on foreign technologies. Policymakers are increasingly prioritising the development of domestic…
IBM CEO Arvind Krishna Welcomes Growing US Focus on Quantum Computing
New York, June 23: IBM Chairman and CEO Arvind Krishna has welcomed the United States’ increasing focus on advancing quantum computing, highlighting the technology’s potential to drive innovation, strengthen economic competitiveness, and address complex challenges across industries. Krishna noted that continued investment in quantum research, infrastructure, and talent development is essential for maintaining technological leadership in a rapidly evolving global landscape. He emphasized that collaboration…
AI, Robotics to Strengthen Human–Machine Understanding
June 22: Experts have highlighted that advancements in artificial intelligence and robotics are expected to significantly deepen human–machine interaction, leading to more intuitive, efficient, and collaborative systems across industries. According to specialists in emerging technologies, rapid progress in AI-driven automation, machine learning, and robotics is enabling machines to better interpret human behaviour, respond to complex instructions, and adapt to dynamic environments. This evolution is expected…
Prosper AI raises $30M from Andreessen Horowitz to scale the first AI platform to run the entire patient journey
Working across 150,000 healthcare providers, Prosper AI is the first platform built to combine patient scheduling, insurance verification, and patient billing while coordinating voice interactions with both patients and insurers. NEW YORK, US – June 22: Prosper AI, the leading AI platform to run the entire patient journey, today announced a $30 million Series A financing led by Andreessen Horowitz (“a16z”), with participation from Base10…
From AI to Data Centres, India’s Digital Rise Accelerates on Global Stage
June 22: Over the past 12 years, India has strengthened its position as a global digital leader, supported by rapid advancements in artificial intelligence, expansion of data centre infrastructure, and large-scale digital transformation across sectors. The country’s digital rise has been powered by increasing adoption of emerging technologies, wider internet access, and sustained investment in innovation-led growth. These factors have collectively reshaped India’s technology landscape…
Investor Confidence in AI Fuels SK hynix’s Rise Above Samsung Electronics
Seoul, June 22: In a landmark moment for South Korea’s technology sector, SK hynix has overtaken Samsung Electronics in market capitalization for the first time, reflecting the growing importance of artificial intelligence-driven demand in the global semiconductor industry. The milestone highlights a dramatic shift in investor sentiment as SK hynix continues to strengthen its position as a leading supplier of high-bandwidth memory (HBM) chips, a…
MAACICON 2026 Focuses on Latest Cochlear Implant Technologies and Challenges
Hyderabad, June 20: Experts discussed the latest advancements in cochlear implant technology, current challenges in cochlear implant care, and strategies to improve speech, hearing, and overall developmental outcomes for children with hearing impairment at the MAA Cochlear Implant Conference 2026 (MAACICON 2026), said Sunitha G Kumar, Founder & Chairperson, MAA Institute of Speech & Hearing (MISH). MAA Institute of Speech & Hearing (MISH), in…
India Sees Strong Double-Digit Growth in Global Cellular IoT Module Market
June 20: India has recorded strong double-digit growth in the global cellular IoT (Internet of Things) module market, reflecting the country’s expanding role in connected technologies and smart device ecosystems. The growth highlights increasing demand for IoT-enabled solutions across sectors such as manufacturing, automotive, logistics, utilities, and smart infrastructure. Cellular IoT modules, which enable machines and devices to communicate over mobile networks, are becoming a…
India–Armenia Partnership to Strengthen High-Altitude Balloon and Near-Space Research Capabilities: Report
New Delhi, June 19: India and Armenia are set to deepen cooperation in advanced aerospace research, focusing on high-altitude balloon systems and near-space testing technologies, according to a recent report. The collaboration is expected to support scientific experimentation in the upper atmosphere, enabling improved research in areas such as climate observation, communication systems, space environment studies, and advanced material testing. Officials familiar with the development…