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    India’s digital payments are evolving beyond UPI into orchestrated, AI-driven systems. Explore how interoperable net banking, real-time analytics and payment orchestration are shaping the next fintech revolution.

    From UPI to Fintech Orchestration: The Future Beckons – By Anil Kanwar, Data Streaming Platform Head – APAC & MEA – Confluent

    Payoneer Gets RBI Nod for Cross-Border Payment Aggregator Role in India

    Payoneer Gets RBI Nod for Cross-Border Payment Aggregator Role in India

    ZET Gets NPCI Approval for TPAP License, Expands Credit Card Use on UPI

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    HDFC Bank Reappoints Kaizad Bharucha as Deputy Managing Director

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    M. Nagaraju, DFS Secretary, highlights LIC’s role as a systemically important insurer, detailing its digital transformation, expanding agent network, women-led Bima Sakhi initiative, strong AUM position and push towards high-growth products.

    LIC’s Stability Key to India’s Financial Health, Govt Highlights Digital and Product Transformation

    RBI Gives In-Principle Approval to Sumitomo Mitsui Banking Corporation to Set Up a Wholly Owned Subsidiary

    RBI Gives In-Principle Approval to Sumitomo Mitsui Banking Corporation to Set Up a Wholly Owned Subsidiary

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    Bank of India Partners with Western Railway to Offer Expanded Insurance Cover for Staff and Pensioners

    Kotak Mahindra Bank Appoints Anup Kumar Saha as Whole-time Director

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    Tamilnad Mercantile Bank Partners with TechFini to Strengthen UPI Infrastructure

    Tamilnad Mercantile Bank Partners with TechFini to Strengthen UPI Infrastructure

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    Budget 2026–27 outlines ISM 2.0, rare earth corridors, expanded electronics manufacturing incentives and tax benefits to boost India’s semiconductor ecosystem.

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    India AI Impact Summit to Drive Global Standards, Indigenous Solutions and Major Investments: Govt

    UIDAI’s new Aadhaar App enables privacy-preserving age verification under the DPDP Act, allowing secure Aadhaar authentication for online platforms and service providers.

    UIDAI Launches New Aadhaar App to Enable Privacy-First Age Verification Under DPDP Act

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    BISAG-N, QNu Labs Partner to Develop Quantum-Resilient Cybersecurity Solutions

    Union MoS Jitin Prasada dedicates the new Aadhaar App to the nation, highlighting its privacy-first, consent-based features that enable secure digital identity verification, faster service delivery and multiple real-life use cases.

    New Aadhaar App Launched to Enable Secure, Privacy-First Digital Identity

    MeitY has invited feedback from digital platforms on accelerating enforcement of the DPDP Act, including a proposal to reduce the compliance timeline for data fiduciaries from 18 months to 12 months.

    MeitY Seeks Industry Views on Faster Rollout of DPDP Act, Proposes 12-Month Compliance Timeline

    Tata Electronics’ Dholera semiconductor fab will support chip startups with tape-outs, reducing reliance on foreign fabs, says IT minister Ashwini Vaishnaw.

    Tata’s Dholera Fab to Support Chip Startups’ Tape-Outs, Says IT Minister Vaishnaw

    The Centre is planning IT (Digital Code) Rules, 2026, to regulate online content, introduce age-based classification, curb obscenity and enforce reasonable restrictions on digital platforms in line with Supreme Court directions.

    Centre Plans IT (Digital Code) Rules 2026 to Regulate Online Content, Curb Obscenity

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IBM and Meta Unleash AI Alliance: Pioneering responsible innovation for an open future in AI

By: Editorial Desk

by Editorial Desk
December 5, 2023
in News, Technology
Reading Time: 2 mins read
IBM and Meta Unleash AI Alliance: Pioneering responsible innovation for an open future in AI

IBM and Meta Unleash AI Alliance: Pioneering responsible innovation for an open future in AI

New Delhi: IBM and Meta have jointly unveiled the AI Alliance, a collaborative effort involving more than 50 global tech companies, as founding members and collaborators. The initiative aims to cultivate an open community, facilitating developers and researchers in advancing responsible AI innovation, and focusing on scientific rigour, trust, safety, security, diversity, and economic competitiveness. The AI Alliance is set to play a key role in shaping the future of AI.

Arvind Krishna, IBM Chairman and CEO, “This is a pivotal moment in defining the future of AI. IBM is proud to partner with like-minded organisations through the AI Alliance to ensure this open ecosystem drives an innovative AI agenda underpinned by safety, accountability and scientific rigour.”

The AI Alliance’s strategic goals include the development and implementation of benchmarks, evaluation standards, and tools, fostering responsible global AI system development. Additionally, the Alliance aims to establish a catalog of vetted safety, security, and trust tools. It also seeks to enhance the AI hardware accelerator ecosystem by encouraging contributions and adoption of essential enabling software technology.

To encourage open AI development in safe and beneficial ways, the AI Alliance will launch initiatives and host events exploring AI use cases. Alliance members, including AMD, CERN, Cornell University, Dell Technologies, EPFL, ETH, Imperial College London, Intel, Linux Foundation, NASA, NSF, Oracle, Partnership on AI, Red Hat, Sony Group, and Stability AI, among others, will participate in these efforts.

Nick Clegg, President of Global Affairs at Meta, highlighted that the AI Alliance will serve as a platform for researchers, developers, and companies to share tools and knowledge, facilitating progress, whether models are openly shared or not.

Lisa Su, CEO and Chair of AMD, stressed the importance of embracing open standards and transparency across the evolving AI ecosystem. According to Su, this approach will ensure that the transformative benefits of responsible AI are widely accessible.

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Tags: AIAI AllianceAMDand Stability AIArvind Krishna IBM Chairman and CEOCERNCornell UniversityDell TechnologiesEPFLETHIBMIBM and MetaIBM and Meta Unleash AI AllianceImperial College LondonIntelLinux FoundationLisa Su CEO and Chair of AMDMeta Unleash AI AllianceNASANick Clegg President of Global Affairs at MetaNSFOraclePartnership on AIPioneeringRed HatSony Group
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