Galactik Views

Galactik Views is Independently Funded, Emerging Internet Magazine, Committed for Unbiased Expression of News & Opinions on Technology, Markets, & Communities.

[Galactik Views @galactik_views]

Where Will be the SENSEX on 31st December 2024

[Galactik Views @galactik_views]

US AI & Data Centre Economy Will be Impacted by Declining Influence in Middle East

https://t.co/b4Ox7XEx5w

#datecentre #AI

[Galactik Views @galactik_views]

US Export Control on AI Model: Is US Acting as Central Gatekeeper of Global AI Ecosystem

#AI #anthropic #exportcontrol #nationalsecurity

Read:
https://t.co/rRGSZSgT7Q

[Rahul Gandhi @RahulGandhi]

LIVE: Karshaka Sangamam - Farmers Convention | Peravoor, Keralam https://t.co/6rn6125FcD

[Galactik Views @galactik_views]

Withdrawal of Novel Activities Supervision Program by US Federal Reserve

The supervisory letter (SR 23-7) that created the program on August 8, 2023, was revoked. By incorporating specialized oversight within the #FederalReserve conventional framework, the program was intended to enhance current #supervisory procedures rather than establish a distinct supervisory portfolio. In order to promote innovation while maintaining the safety and soundness of the banking system, it was risk-focused and customized supervision according to the size, risk, and complexity of operations at each institution.
This action is in line with a more lenient regulatory approach toward fintech and #cryptocurrency advances and represents a trend toward handling these operations under standard #Banking supervisory procedures.

https://t.co/TOg50eqNPd

[Galactik Views @galactik_views]

Pahalgam Attack has Significantly Increased Pakistan’s Diplomatic and Economic Isolation

https://t.co/798iyVNg19

#terrorattack #PehalgamTerroristAttack

[Narendra Modi @narendramodi]

The horrendous terror attack in Pahalgam has angered people in India and across the world.

India is united in uprooting the menace of terrorism. #MannKiBaat

[Galactik Views @galactik_views]

Can EU Digital Markets Act be Detrimental for European Companies

The European Commission fined Apple €500 million and Meta €200 million for violating the Digital Markets Act (DMA), marking the first penalties under this legislation effective since March 2024. Apple was penalized for restricting app developers from informing users about alternative purchasing options outside the App Store, breaching the DMA’s anti-steering rules. Meta was fined for its “pay or consent” model on Facebook and Instagram, which forced users to either allow personal data use for targeted ads or pay for an ad-free experience, violating the DMA’s requirement for a less data-intensive service option. Both companies face a 60-day compliance deadline, with further fines possible for non-compliance. Apple and Meta plan to appeal, arguing the Commission unfairly targets them and that the rulings harm user privacy and business models.

Read More:
https://t.co/eOGjWuD8QP

#EU #digital #antitrust

[Galactik Views @galactik_views]

Nvidia To Manufacture AI Supercomputers Entirely in U.S

https://t.co/Hz59XCPzW5

NVIDIA has announced plans to manufacture AI supercomputers entirely in the U.S. for the first time. The initiative includes over a million square feet of manufacturing space in Arizona for producing Blackwell chips and in Texas for assembling supercomputers, with mass production expected to start within 12-15 months. NVIDIA aims to produce up to $500 billion in AI infrastructure domestically over the next four years, leveraging its AI, robotics, and digital twin technologies to design and operate these facilities. The move is projected to create hundreds of thousands of jobs and strengthen the U.S. supply chain.

[Galactik Views @galactik_views]

How Artificial Intelligence is Reshaping the Global Banking Sector

https://t.co/rUjTsm8UxX

Banks are increasingly using Generative AI for assessing credit risk by enhancing traditional models with advanced data analysis and predictive capabilities. According to various reports market size for artificial intelligence (AI) in the banking sector is estimated at USD 34.58 billion in 2025, with projections to grow significantly. Forecasts indicate it could reach USD 75.36 billion by 2030 at a compound annual growth rate (CAGR) of 17.96% or up to USD 379.41 billion by 2034 at a CAGR of 30.63%. Specifically for generative AI, spending in banking is projected to hit USD 84.99 billion by 2030, reflecting a CAGR of 55.55%. AI has ability to play transformative role in enhancing efficiency, security and towards enhancing customer experience in banking. McKinsey estimates AI could add up to $1 trillion in value to banking by 2030.
Read More:
https://t.co/rUjTsm8UxX

#banking #AI #capital #markets

[Galactik Views @galactik_views]

Amazon Nova Sonic – The Growing Race for Dominating Voice AI Market

Read: https://t.co/hTpRPZNMbV

Amazon Nova Sonic is a new generative AI foundation model introduced by Amazon designed to enhance voice interactions by unifying speech understanding and generation into a single system. Available through Amazon Bedrock via a bi-directional streaming API, it simplifies the development of voice-enabled applications, such as customer service automation and AI agents, across industries like travel, education, healthcare, and entertainment. Unlike traditional voice systems that rely on separate models for speech recognition, language processing, and text-to-speech.

Voice-based AI technologies, have applications in military and defence ecosystem due to their ability to process speech in real time interpret nuances and operate efficiently under challenging conditions.  Voice biometrics, powered by AI’s ability to recognize unique speech patterns could strengthen secure communications for military networks.  Integrated into drones or robots, voice AI could allow field operatives to issue verbal directives like without needing manual controls, enhancing flexibility in dynamic situations.

Read: https://t.co/hTpRPZNMbV

#AI #voiceAI #defence #tech #Amazon

[Narendra Modi @narendramodi]

Glad to meet HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai. Dubai has played a key role in advancing the India-UAE Comprehensive Strategic Partnership. This special visit reaffirms our deep-rooted friendship and paves the way for even stronger collaboration in the future.

@HamdanMohammed

[Galactik Views @galactik_views]

NextGenerationEU  is Catalyst in Driving Economic Recovery and Transformation Across the EU

The European Commission has issued a positive preliminary assessment of France’s payment request for €3.26 billion under NextGenerationEU, marking the fourth instalment of France’s Recovery and Resilience Plan. This funding, provided through the Recovery and Resilience Facility (RRF)—the core of NextGenerationEU—follows France’s fulfillment of specific milestones and targets tied to this tranche. These include eleven investments spanning energy efficiency in public buildings, sustainable transport infrastructure, digitalization of businesses, cultural sectors, schools, and healthcare, alongside two reforms aimed at reducing greenhouse gas emissions in cities and improving public spending quality.

Read More:

https://t.co/lWGQQ3O2A5

#EU #france #nextgeneu #capital

[Narendra Modi @narendramodi]

BIMSTEC is an important forum to further global good. It is imperative we strengthen it and deepen our engagement. In this context, I proposed a 21-point Action Plan covering different aspects of our cooperation.

[Narendra Modi @narendramodi]

Today, on National Maritime Day, we recall India’s rich maritime history and the role played by this sector in nation-building.

We will continue to strengthen the maritime sector and our ports for India’s progress.

[Narendra Modi @narendramodi]

As always, an excellent meeting with Bill Gates. We spoke about diverse issues including tech, innovation and sustainability towards making a better future for the coming generations.

[Rapid Response 47 @RapidResponse47]

WATCH IN FULL: @VP's remarks at the Munich Security Conference

[Narendra Modi @narendramodi]

Addressing the AI Action Summit in Paris. https://t.co/l9VUC88Cc8

[Narendra Modi @narendramodi]

Finance Minister @nsitharaman Ji is presenting the Union Budget in Parliament. https://t.co/3CYGZzC7iO

[Narendra Modi @narendramodi]

Congratulations to the Indian women’s team on winning the first-ever Kho Kho World Cup! This historic victory is a result of their unparalleled skill, determination and teamwork.

This triumph has brought more spotlight to one of India’s oldest traditional sports, inspiring countless young athletes across the nation. May this achievement also pave the way for more youngsters to pursue this sport in the times to come.

[Narendra Modi @narendramodi]

India's first private satellite constellation by @PixxelSpace showcases the exceptional talent of India's youth and highlights the expanding capabilities of our private sector in the space industry.