Current Affairs - Technology

HyImpulse, a German company, achieved this feat by fueling the rocket with paraffin and liquid oxygen. This innovative approach not only reduces satellite transport costs but also contributes to Germany's space industry advancement and provides Europe with a more environmentally sustainable fuel option like liquid oxygen for space exploration.

Infosys received the world's first ISO 42001:2023 Certification for its Artificial Intelligence Management System (AIMS). This certification, granted by TUV India, highlights Infosys' commitment to adopting a systematic approach to AI management, focusing on risk mitigation and streamlined processes. It signifies Infosys' leadership in leveraging international standards for managing AI technologies effectively and responsibly.

The "ASHVA" range of All-Terrain Vehicles with Military Potential was developed by All Terrain Private Limited (A-THON) in Bengaluru. These vehicles, designed for military purposes, offer effective transportation capabilities for troops and supplies, targeting challenging environments. The development of such vehicles aligns with addressing the operational needs of the Indian Army and Air Force, reducing dependency on imported ATVs while also having potential applications in the Indian agricultural sector.

ISRO, the Indian Space Research Organization, is leading the development of a semi-cryogenic propulsion system aimed at enhancing the payload capacity of Launch Vehicle Mark-3 (LVM3) and future launch vehicles. This system utilizes a 2,000 kN thrust semi-cryogenic engine powered by a combination of liquid oxygen (LOX) and kerosene.

Setu, a prominent fintech company, introduced Sesame as India’s first Large Language Model (LLM) specifically designed for the banking, financial services, and insurance (BFSI) sector. This initiative, developed in collaboration with Sarvam AI, marks a significant advancement in leveraging AI technologies to enhance financial services in India.