Social media platform X has accepted its mistake related to the misuse of Artificial intelligence via Grok and stated that it will operate in accordance with Indian laws, government sources said.
The endeavour of the Reserve Bank of India (RBI) to democratise the use of Artificial Intelligence (AI) in the financial sector will open new doors to players as regulator-backed measures such as AI sandboxes, sectoral datasets, and indigenous models can significantly reduce the cost and