Business
Microsoft Veteran Devender Bansal Joins MLAI Digital as CEO & Co-founder for Global business (APAC and EMEA) to Drive Agentic AI Innovation
VMPL
New Delhi [India], July 11: MLAI Digital, the rapidly growing deep tech startup in the Agentic AI space, has leveraged its strategic footprint and product innovation by announcing this appointment of Devender Bansal as CEO (APAC and EMEA).
Devender is a technology leader with more than 2.5 decades in enterprise transformation. Prior to this, he was in charge of driving technology sales for Microsoft’s Cloud and AI business in corporate accounts across India and Southeast Asia, forging partnerships with CXOs, expanding technical teams and capturing market share across major verticals.
“MLAI Digital’s bold vision for Agentic AI, paired with the hustle and agility of a startup, really struck a chord with me,” said Devender. “We’re building something that doesn’t just automate work — it reimagines how intelligence is orchestrated across the enterprise.”
As CEO & Co-founder for APAC and EMEA, Devender will lead MLAI’s global expansion across these regions, focusing on product scaling, strategic alliances, and vertical-specific AI deployment. His goal? To build a global Agentic AI brand – a new category of intelligent systems designed to reason, act, and evolve autonomously.
The firm’s leadership in the BFSI, & strong presence in manufacturing and logistics sectors have started seeing early success for the global venture, with solutions like real-time fraud detection & predictive asset maintenance.
“We’re thrilled to have Devender onboard,” said Arpit Gupta, CTO & Founder, MLAI Digital. “His strategic mindset, deep tech acumen, and experience scaling businesses will be invaluable as we take MLAI Digital to new markets.”
Devender is equally excited about the team he’s joining. “MLAI team is one of the smartest & agile set of people to interact with,” he shared. “They’re not just building AI, they’re building it right, with purpose, ethics, and a forward-looking mindset.”
With this leadership addition, MLAI Digital is accelerating growth plans. The entity will focus on innovation concern, partnerships, and making real-world impact.
“Together, we’ll harness Agentic AI to redefine industries and position MLAI Digital as an innovation leader,” Devender added.
Media Contact:
MLAI Digital Private Limited
Email: headit@mlaitech.io
Website: www.mlaidigital.com
(ADVERTORIAL DISCLAIMER: The above press release has been provided by VMPL. ANI will not be responsible in any way for the content of the same)
(This content is sourced from a syndicated feed and is published as received. The Tribune assumes no responsibility or liability for its accuracy, completeness, or content.)
Business
‘AI racism’: Company faces criticism over AI-generated job seeker videos
The videos seem realistic, but a CBC investigation revealed that they were AI-generated, created by online hiring and recruiting firm Nexa, an AI company that develops software other companies can use to recruit new hires.
“I’ll be honest, we do that for fun,” says Divy Nayyar, Nexa’s founder and CEO, according to the report. “You know, some of the videos went extremely viral.”
Nayyar described the videos as a “subconscious placement” of advertising, saying the company created the “Josh” persona as a way of connecting with young people just out of school who are looking for work.
Canadian employers appear to be showing increased interest in conducting job interviews using AI technology, according to a previous report.
‘AI racism’
However, Nexa’s campaign is highly problematic, according to experts.
Business
New government code of practice aims to stop unfair parking charges
BBC News, East Midlands
The government has launched a consultation on a new code to stop people being “unfairly penalised” by private car park operators.
It follows concerns raised by drivers including Rosey Hudson, who was asked to pay £1,906 for taking more than five minutes to pay in a car park in Derby.
The government said the new Private Parking Code of Practice “aims to create a fairer, more transparent private parking system”.
The British Parking Association, one of two trade associations that oversees the industry, has said it will work closely with the government throughout the consultation.
Local growth minister and Nottingham North and Kimberley MP Alex Norris said: “From shopping on your local high street to visiting a loved one in hospital, parking is part of everyday life. But too many people are being unfairly penalised.
“That’s why our code will tackle misleading tactics and confusing processes, bringing vital oversight and transparency to raise standards across the board.”
The previous government published a code of practice in February 2022 and it was due to come into effect by the end of 2023.
However, it was withdrawn following legal challenges launched by several parking firms.
This meant the private parking sector has been left to regulate itself, through two accredited trade associations called the British Parking Association (BPA) and International Parking Community (IPC).
Car park operators, which are members of these associations, can obtain drivers’ names and addresses from the Driver and Vehicle Licensing Agency (DVLA) and issue parking charge notices (PCNs) for allegedly breaching terms and conditions.
This has led to drivers being asked to pay hundreds and sometimes thousands of pounds for infringements such as taking too long to pay, or keying in their vehicle registration plates incorrectly.
The government said its new measures would prevent charges caused by issues such as payment machine errors, accidental typos, or poor mobile signal.
However, the AA believes the government’s proposals do not go far enough.
Jack Cousens, head of roads policy, said: “This long-awaited consultation will not please drivers and suggests that government is bending the knee to the private parking industry.”
His concerns include a £100 cap on parking charges, which is higher than the £50 previously proposed.
“We urge all drivers to complete the consultation and submit their views and experiences when dealing with private parking firms,” he said.
Statistics published by the DVLA suggest private car park operators are issuing more PCNs than ever before.
They paid the DVLA for 12.8 million keeper details in the last financial year, which is a 673% increase since 2012.
“While this partly reflects more parking spaces, the current system lacks independent oversight and sufficient transparency,” the Ministry of Housing, Communities and Local Government said.
“At present, operators can avoid sanctions for poor practice, leaving motorists vulnerable to unfair or incorrect charges. The new compliance framework will ensure accountability.”
Under the proposals, operators that breach the code may stop being able to get drivers’ details from the DVLA.
The eight-week consultation is due to close on 5 September and people can give their views online.
The BPA said it would work closely with the government throughout the consultation, but said the new code must allow for “proper enforcement”.
“Without proper enforcement, parking quickly becomes a free-for-all, with some people taking advantage at the expense of others,” it said in a statement.
“When spaces are misused, it’s often at the expense of those who need them most, such as disabled people, parents with young children and local residents.
“We believe parking systems must strike a balance: they should deter selfish and anti-social behaviour, but they must also be fair, proportionate, and transparent.”
Business
National Trust to cut 550 jobs after Budget pushes up costs
The National Trust has announced plans to cut 6% of its current workforce, about 550 jobs, partly blaming an inflated pay bill and tax rises introduced by Chancellor Rachel Reeves.
The heritage and conservation charity said it was under “sustained cost pressures beyond our control”.
These include the increase in National Insurance contributions by employers and the National Living Wage rise from April, which the National Trust said had driven up wage costs by more than £10m a year.
The cost-cutting measures are part of a plan to find £26m worth of savings.
“Although demand and support for our work are growing with yearly increases in visitors and donations; increasing costs are outstripping this growth,” the charity said in a statement.
“Pay is the biggest part of our costs, and the recent employer’s National Insurance increase and National Living Wage rise added more than £10m to our annual wage bill.”
A 45-day consultation period with staff began on Thursday and the Trust – which currently has about 9,500 employees – said it was working with the Prospect union “to minimise compulsory redundancies”.
Prospect said though cost pressures were partly to blame, “management decisions” also contributed to the Trust’s financial woes.
The union’s deputy general secretary, Steve Thomas, said “once again it is our member who will have to pay the price”.
“Our members are custodians of the country’s cultural, historic and natural heritage – cuts of this scale risk losing institutional knowledge and skills which are vital to that mission,” he said.
The Trust is running a voluntary redundancy scheme, and is expecting that to significantly reduce compulsory redundancies, a spokeswoman said.
The job cuts will affect all staff from management down, and everyone whose job is at risk will be offered a suitable alternative where available, the spokeswoman added.
Following consultations, which will finish in mid-to-late August, the cuts will be made in the autumn.
Chancellor Rachel Reeves announced the rise in National Insurance contributions by employers in last October’s Budget.
But the move led to strong criticism from many firms, with retailers warning that High Street job losses would be “inevitable” when coupled with other cost increases.
The hike in employer NICs is forecast to raise £25bn in revenues by the end of the parliament.
-
Funding & Business2 weeks ago
Kayak and Expedia race to build AI travel agents that turn social posts into itineraries
-
Jobs & Careers1 week ago
Mumbai-based Perplexity Alternative Has 60k+ Users Without Funding
-
Mergers & Acquisitions1 week ago
Donald Trump suggests US government review subsidies to Elon Musk’s companies
-
Funding & Business1 week ago
Rethinking Venture Capital’s Talent Pipeline
-
Jobs & Careers1 week ago
Why Agentic AI Isn’t Pure Hype (And What Skeptics Aren’t Seeing Yet)
-
Education4 days ago
9 AI Ethics Scenarios (and What School Librarians Would Do)
-
Education1 week ago
AERDF highlights the latest PreK-12 discoveries and inventions
-
Education4 days ago
Teachers see online learning as critical for workforce readiness in 2025
-
Education5 days ago
Nursery teachers to get £4,500 to work in disadvantaged areas
-
Education6 days ago
How ChatGPT is breaking higher education, explained