Tech Mahindra CEO sees AI as an amplifier of human capabilities, not a job threat; Rakuten to invest $10 mn in India on AI and 6G development; AI knowledge consortium launched by 12 research organizations in India; Zora expands into AI, offering revenue streams for model makers- this and more in our daily roundup. Let us take a look.

Tech Mahindra's CEO, Mohit Joshi, emphasises the transformative power of AI, viewing it as an enhancer of human capabilities rather than a threat to jobs. Speaking at Mobile World Congress 2024, Joshi discusses the company's focus on leveraging AI in auto racing for technology, battery optimization, and enhancing overall experiences. He believes AI expands opportunities by dramatically amplifying human performance across various roles, Business Today reported.

Rakuten Symphony, the Japanese open RAN technology provider, is set to invest $10 million in India for AI enhancement and 6G research. The initiative, centred in Bengaluru, aims at AI integration and significant R&D for 6G. Sharad Sriwastawa, Co-CEO and CTO of Rakuten Mobile highlights India's role as a key global R&D hub, with plans to expand operations and hire personnel in the country, according to a Mint report.

Twelve research organizations collaborated to launch the Artificial Intelligence Knowledge Consortium (AIKC) in India, dedicated to promoting a multi-stakeholder approach to AI governance. Emphasizing responsible business practices and societal oversight, the AIKC's secretariat will be housed at Koan Advisory. The launch includes a report on 'What Indian Parliamentarians Think of AI,' with MPs highlighting the importance of human-centric AI regulation and innovation-centricity, The Hindu reported.

NFT platform Zora is venturing into the AI market, offering a unique avenue for model makers to earn money. Zora, distinct from OpenAI's Sora, aids creators in monetizing content through NFTs. With half a million monthly transacting users, Zora's creators earned over $1.3

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