The News

1. AI Everywhere In 2023, artificial intelligence will become real in organizations. No-code AI, with its easy drag-and-drop interfaces, will enable any business to leverage its power to create more intelligent products and services. We’re already seeing this trend in the retail market. Stitch Fix uses AI-enabled algorithms to recommend clothes to its customers that match their sizes and tastes. Contactless, autonomous shopping and delivery will also be a huge trend for 2023. AI will make it easier for consumers to pay for and receive goods and services. AI will also augment nearly every job in every business process across industries. More retailers will use AI to manage and automate the complex inventory management processes that happen behind the scenes, so convenience trends like buy-online-pickup-at-curbside (BOPAC), buy-online-pickup-in-store (BOPIS), and buy-online-return-in-store (BORIS), will become standard. AI will also be the engine behind the newest autonomous delivery ini...

  Tata Motors   on December 12 stated that it had approved the partial divestment of its equity shares in subsidiary Tata Technologies via an initial public offer ( IPO). On July 8, 2022,  Moneycontrol  was the first  to report the listing plans of Tata Technologies , a global product engineering and digital services company, on the back of accelerated demand in the electric vehicles and the aviation segment. Since TCS in 2004, no company from the Tata Group has made a debut on the domestic bourses in the past 18 years. Tata Autocomp Systems  shelved a $260 mn IPO  and earlier this month, Tata Play ( earlier called Tata Sky) filed for a confidential pre-filing of offer documents. “We wish to inform you that the IPO Committee [duly constituted by the Board of Directors of Tata Motors Limited , at its meeting held today, i.e., on December 12, 2022 has accorded its in-principle approval to explore the possibility of partial divestment of the Company’s inv...

  Chinese scientists have turned to the earliest method of launching jets from aircraft carriers for a solution to one of the barriers to hypersonic space flight. Photo: Xinhua Chinese researchers say they have repurposed the traditional ski-jump method of launching a plane at sea for the  hypersonic  age, aiming to develop it for easier, safer space travel. Wang Yunpeng, an associate professor with the Chinese Academy of Sciences’ Institute of Mechanics in Beijing, and his team used scaled-down versions of an orbital plane – similar to the space shuttle – and a hypersonic carrier to test the method at seven times the speed of sound. In a paper published in peer-reviewed journal Acta Aeronautica et Astronautica Sinica on December 8, the researchers said the results proved ski-jump technology – regarded as obsolete in modern  aircraft carriers  – could be adapted for orbital launches from near space. It could also solve a problem that has troubled hypersonic rese...