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Please send your inquiries to askindiaai@nasscom.in.

How is AI used in immigration? - Ragavendra, Mumbai

AI can increase the accuracy and completeness of immigration applications while reducing the stress on immigration workers by automating routine processes such as data entry, form completion, and document verification.

Is AI helpful in stock trading? - Rama Krishnan, Tiruvananthapuram

Many AI technologies can process massive amounts of freely available data and datasets. These databases are then applied to real-time data, resulting in accurate forecasting and trading. One of the primary ways AI is disrupting the stock trading sector is by introducing bots.

How is AI used in payment? - Akila Yadav, Chennai

You can use AI tools to evaluate your payment data and behaviour and recommend the best payment methods and platforms for each transaction. These tools can also assist you in negotiating better prices, discounts, and conditions with your payment providers and alert you to irregularities or frauds.

How is generative AI used in the automotive industry? - Rahmathullah Wasim, Delhi

To challenge the intelligence of vehicle response systems, generative AI models can assist in developing synthetic data that can mirror real-world scenarios. It can help to eliminate the need for costly field testing. Furthermore, it paves the path for more intuitive methods to train AV decision-making models.

How is SBI using AI? - William Alphonse, Goa

State Bank of India recently announced plans to expand business analytics and artificial intelligence/machine learning (AI/ML) in decision-making and operations by adopting NextGen Data Warehouse and Data Lake and exploring new co-lending relationships with fintechs and NBFCs.

Can we use AI in accident prevention? - Arulprakash Singh, Punjab

Typically, AI accident prevention systems comprise numerous components that work together to detect possible hazards and prevent accidents. These elements may include Sensors: Sensors detect and measure many parameters vital in avoiding accidents.

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