Browsing: Government

A summary of the day’s leading technology and startup news from The Economic Times.

The UK government plans to reduce the number of civil servants and integrate artificial intelligence to improve governmental efficiency, according to a senior cabinet minister.

The U.S. Department of Housing and Urban Development is considering using cryptocurrency and blockchain technology for grant monitoring, raising concerns about financial risks and the potential impact on vulnerable populations.

Rob Carey of Cloudera Government Solutions outlines three foundational components for government agencies to maximize returns on AI investments: clear objectives, accessible data, and modern infrastructure.

Rohan Misra, son of former SoftBank Vision Fund CEO Rajeev Misra, is entering the investment world with a $150 million fund focused on Indian technology startups.

A roundup of recent developments in the Indian startup ecosystem, including funding rounds, IPO plans, and company expansions.

Epirus, a defense technology company specializing in anti-drone systems, has successfully concluded an oversubscribed $250 million Series D funding round.

China announces plans to increase support for artificial intelligence, science, and technology innovation.

IT services firm Tech Mahindra has announced a new Large Language Model (LLM) designed to assist telecom operators in leveraging AI for enhanced performance and operational excellence.

Mach Industries, a defense technology startup founded by 21-year-old Ethan Thornton, has secured a U.S. Army contract and is building its first factory in Huntington Beach, California.