The subpoena, which was signed on Tuesday, demanded that Toner hand over information by May 21, 2024
The company also said it would pay a dividend of 20 cents a share, its first ever, and repurchase an additional $70 billion in stock. The shares jumped 13 per cent in extended trading
After Meta revealed that it will spend billions of dollars more than expected this year - fueled by investments in artificial intelligence - the company's CEO did his best to soothe Wall Street
India, with its growth engines roaring, is the "place to be", Qualcomm India President Savi Soin has said, adding that the country has a "remarkable opportunity" with hybrid Artificial Intelligence (AI). The San Diego, California-headquartered chip designer is working with OEMs as well as operators in India to help bring entry-level 5G smartphone that would push new frontiers in affordability. "India is the place to be... look at every sector, there is growth in every sector in India and that is just to serve the Indian consumers... you can imagine what is happening in phones with what OEMs are doing here... not just build for India market but also for exports," Soin said in an interview to PTI. The India growth story is compelling, and the country with its strength and scale has a "remarkable opportunity" with hybrid AI. Hybrid AI is device and cloud working together, splitting AI computation as needed, to offer enhanced experiences and optimum use of resources. "I wouldn't want
K Krithivasan believes that the demand for IT talent will always increase and employment will not be in trouble
"The memory market is entering into full recovery cycle with ongoing strength of AI demand," SK Hynix said
There are specific hurdles that need to be addressed for the IT/ITeS sector
The cyber cell of Maharashtra police on Tuesday registered an FIR against an X user for allegedly uploading a 'deepfake' or manipulated video where actor Ranveer Singh appeared to be making an appeal to vote for Congress. The First Information Report was registered on a complaint filed by the actor's father, Jugjeet Singh Bhavnani, against the user @sujataindia1st, an official said. Deepfake videos are videos that have been altered, in a convincing way, to misrepresent someone as doing or saying something that was not actually done or said. Recently, city police had registered an FIR against an unidentified person in connection with a similar deepfake video of actor Aamir Khan where he was purportedly seen promoting a political party. Ranveer Singh gave an interview to the media while he was in Varanasi to promote a fashion show and praised Prime Minister Narendra Modi, as per his father's complaint. As per the FIR, the actor said "it is Modi ji's purpose and goal to celebrate ou
Aionos, wherein IGE will hold the majority shareholding, was launched here on Tuesday in presence of Gurnani and Bhatia
SLMs are designed to perform simpler tasks, making it easier for use by companies with limited resources, the company said
Adobe is developing its own image-generation AI system called Firefly, which is trained on data that Adobe has rights to, in order to avoid copyright infringement claims against users
Rahul Bhatia-led diversified InterGlobe Enterprises has partnered with technology veteran C P Gurnani's Assago to launch an artificial intelligence business venture AIonONS that will provide various solutions as well as look to partner with startups. InterGlobe has a significant presence in the Travel, Transportation, Logistics, and Hospitality (TTLH) segment, and the country's largest airline IndiGo is part of the group. At a briefing in the national capital on Tuesday to announce the joint venture, Bhatia, Group Managing Director of InterGlobe, said AIonOS is aimed at enabling businesses to accelerate their digital transformation by enhancing human and system capabilities with AI powered solutions. During a joint interaction with Bhatia and Gurnani post announcement, Gurnani said the addressable market for the company is estimated to be USD 150 billion. Gurnani is the Executive Vice Chairman of AIonOS and Chairman of Assago, his family office. "We straddle different businesses,
'The centre will be a launchpad for innovation, facilitating talent to learn, experiment, and build holistic, AI-focused growth-oriented solutions for Genpact's global clients,' the company said
India leads globally in adopting GenAI technologies as a vast percentage of organisations incorporate GenAI in operations, and a majority of the populace expects increased investments and budget allocations towards Gen AI in the next 2-3 years, according to a recent report. Search analytics firm Elastic on Monday released the Generative AI Report that gathered insights from 3,200 IT decision-makers and influencers across sectors in the US, Europe, and Asia-Pacific. In the Asia Pacific and Japan region, 1,200 were surveyed, including 300 from India. According to the report, 81 per cent of Indian organisations have already implemented GenAI, making India the leader in adopting generative artificial intelligence technologies. The study also predicted promising investment trends in near future, with about 94 per cent of respondents anticipating increased investments and budget allocations towards GenAI initiatives in the next 2-3 years. However, almost all of the respondents expressed
"The transformative capabilities of AI have significant pro-competitive potential; at the same time, there may be competition concerns emanating from the use of AI," the CCI stated
Cognizant purchased 25,000 Microsoft 365 Copilot seats for Cognizant associates, along with 500 Sales Copilot seats and 500 Services Copilot seats
In Part 2 of Manager's Mantra with Ambi Parameswaran, find out how AI and smart tools can help you become the top brand manager of the future. >
In the now-viral deepfake video, Ranveer Singh was seen criticising Prime Minister Narendra Modi regarding issues of unemployment and inflation
Near-term outlook muted; medium-term offers hope
Dedicated regulation expected after the Lok Sabha elections