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Microsoft launches AI labs with 10 colleges in India

first_imgNew Delhi: Software giant Microsoft on Thursday launched Artificial Intelligence (AI)-enabled digital labs in collaboration with 10 higher educational institutions in India. The programme, ‘Intelligent Cloud Hub’, covers institutes including BITS Pilani, SRM Institute of Science and Technology and Trident Academy of Technology among others. “With the right technology infrastructure, curriculum and training, we can empower today’s students to build the India of tomorrow,” said Anant Maheshwari, President, Microsoft India. Also Read – Spotify rolls out Siri support, new Apple TV app As part of the three-year programme, Microsoft would support the selected institutions with best-in-class infrastructure, curriculum and content, access to Cloud, AI services as well as developer support. In addition, the company would also facilitate setting up of core AI infrastructure and Internet of Things (IoT) hub along with providing access to a wide range of Azure AI services like Microsoft Cognitive Services, Azure Machine Learning (ML) and Bot Services. Training programmes designed for faculty would include workshops on Cloud computing, data sciences, AI and IoT. According to a recent Microsoft and International Data Corporation (IDC) Asia-Pacific study, the lack of skills, resources and continuous learning programmes have emerged as top challenges faced by Indian organisations in adopting AI to accelerate their businesses.last_img read more

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Loonie closes up ahead of jobs data rate cut from European Central

by Malcolm Morrison, The Canadian Press Posted Jun 5, 2014 6:32 am MDT Loonie closes up ahead of jobs data, rate cut from European Central Bank AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email TORONTO – The Canadian dollar closed higher Thursday as the European Central bank moved to spark a tepid economic recovery in the eurozone and traders looked ahead to the release of employment data.The loonie was ahead 0.08 of a cent to 91.5 cents US as traders also focused on Friday’s release of Canadian employment data for May. Economists expect about 21,000 jobs were created last month after the economy shed 29,000 the previous month.On Thursday, the ECB announced it was cutting its lending rate to 0.15 per cent from 0.25 per cent.And in a more drastic step, it is also cutting its overnight deposit rate to minus 0.1 per cent from zero. Charging banks for parking funds with the ECB is an unusual step aimed at pushing banks to lend that money rather than hoard it.At a news conference, ECB president Mario Draghi says the bank will also offer long-term loans to banks at cheap rates until 2018.The targeted loans would be charged a fixed rate, meaning that the rate could not rise over the life of the credits, even if the bank raises its benchmark, giving banks confidence that they have cheap funding through to 2018.Draghi also said the ECB’s policymakers unanimously agreed to consider more unconventional measures to boost inflation if it stays too low.Investors had been counting on the ECB to take action to save the eurozone region from falling into a deflationary spiral that would choke off growth. Worries about deflation increased earlier this week with the release of data showing that inflation in the eurozone came in at 0.5 per cent in May, down from 0.7 per cent in April.The latest data also showed that gross domestic product in the eurozone grew by a paltry 0.2 per cent in the first quarter.Meanwhile, traders also looked ahead to another major economic event: the release Friday of the U.S. government’s employment report for May. Economists have forecast that about 219,000 jobs were created during May following a much stronger than expected 288,000 gain in April.Doubts about reaching that figure were raised Wednesday after payroll firm ADP reported that the U.S. private sector created 179,000 jobs during May, the fewest number in four months.Prices were mixed on commodity markets with June crude in New York down 16 cents to US$102.48 a barrel.July copper was unchanged at US$3.09 a pound.August bullion gained momentum after the ECB announcement, rising $9 to US$1,253.30 an ounce. Traders think that the ECB might launch its own version of quantitative easing to stimulate the economy, which involves buying assets such as bonds. read more

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Hearing impaired given green light to write drivers examination

Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Related“It’s going to happen” – Ramjattan on drivers’ licences for the deafFebruary 21, 2019In “latest news”Deaf Association protests Public Security Ministry for drivers’ licensesFebruary 18, 2019In “latest news”Guyana Deaf Association has over 200 registered membersFebruary 25, 2016In “latest news” Following a protest by members of the Deaf Association of Guyana in front of the Public Security Ministry requesting that they be given a fair chance to drive on Guyana’s roadway without discrimination, the green light has been given for them to write the drivers’ examination.Minister Khemraj Ramjattan has given the go ahead to commence a Pilot Programme in ‘A’ Division which will allow persons who are deaf to participate in the theoretical and practical drivers’ examination on May 24.The commencement of the Pilot Programme was agreed to when Ramjattan recently met with the National Commission on Disability and the Deaf Association of Guyana.Minister Ramjattan along with Director Deaf Association of Guyana Sabine McIntosh (right) and Beverly Pile (right)As such, six persons from the deaf community in Guyana will be included in the Pilot Project at a date to be announced later.The Pilot Programme is one of the recommendations agreed to by Cabinet to facilitate the issuance of Driver’s permit to persons who are hearing impaired.The other recommendation include a rigorous national awareness campaign for the general populace including the beneficiaries and the implementation of issuance of driver’s licence to deaf drivers only for private and not commercial vehicles taking into consideration the present infrastructural development and culture of driving on Guyana’s road ways.The Government says it will continue to provide equality and insure non- discrimination for persons with disabilities as a signatory to the United Nations Convention on the Rights of Persons with Disabilities. read more