Page 87 - Technology

6-7% of overall annual expenses are on tech related aspects, says HDFC Bank

Country's largest private sector lender HDFC Bank spends 6-7 per cent of its overall expenses on technology-related aspects every year, a senior official said on Tuesday. Parag Rao, HDFC Bank head for payments and consumer finance, said the bank has been investing in digital capabilities amid "cloudification", where tasks are moved to the cloud. The comments come amid greater regulatory scrutiny on the technology front. "We spend about 6-7 per cent of our overall expenses on technology," he told reporters here on the sidelines of a digital credit card launch of the bank. He explained that the spends go up initially when the capital expenditure is higher and then go down gradually. About 50 per cent of the spend is on employees, while the rest is on remaining aspects like hardware, software and keeping the network operational, he said. It can be noted that HDFC Bank was the first major lender to be slapped with business restrictions like a pause on issuing new credit cards and als

Apple Vision Pro heading out to more countries; India not in the list yet

Reportedly, Apple has starting Vision Pro training with its store employees from Germany, France, Australia, China, and more

Nothing to enable ChatGPT integration across audio portfolio, including CMF

Nothing announced that ChatGPT integration will be available on the additional products via a Nothing X app update on May 21

Apple iOS 17.5: What is new in possibly the last iOS 17 update for iPhones

Alongside the iOS 17.5, Apple has rolled out new platform updates for the Watch Series, HomePods, Apple TV, and Mac line of laptops and desktops

OpenAI announces GPT-4o, ChatGPT macOS app, conversational AI in Voice Mode

OpenAI said the GPT-4o is its most advanced model that is trained end-to-end across text, vision, and audio, meaning that all inputs and outputs are processed by the same neural network

Xiaomi Redmi Note 13 Pro Plus AFA World Champions Edition: Unboxing, price

Xiaomi Redmi Note 13 Pro Plus 5G World Champions Edition comes in a collectible gift box with a customised 120W HyperCharger, colour coordinated USB-C cable, and a football-inspired sim ejector pin

Google I/O on May 14: What to expect from Google's developer conference

Google at its annual developer conference, Google I/O 2024, will likely focus on AI integration into its core services including Android operating system, Search, Workspace and more

OpenAI unveils free model GPT-4o that can interact with visual, audio, text

OpenAI's chief technology officer, Mira Murati, said during a livestream event that the new GPT-4o model would be offered for free because it is more efficient than the company's previous models

Microsoft testing floating widgets for Start Menu on Windows 11: Report

"Companion" apps will offer "Adaptive Cards" that will be displayed alongside the Start Menu in floating island design, according to the report

OpenAI: Altman confirms improvements to GPT-4 and ChatGPT at May 13 event

Although the OpenAI CEO has denied reports of AI-powered search engine announcement at the event and also the news about launch of GPT-5

Over 250,000 Infosys employees are trained in GenAI: CTO Tarafdar

Tarafdar spoke how the company has built three million lines of codes using the technology and what is the purpose of its AI-first strategy

Eyes on Earth: Data helps farming and industry

Earth observation data can drive $3.8 trn in economic benefits while supporting climate change initiatives

Life and leave: 84% of startups allow employees to accumulate earned leave

Most startups don't give leave for menstruation but many do for miscarriage

GPUaaS makes expensive piece of computing tech available to the wider world

GPUaaS lets businesses use the expensive chips as needed, paying only for what they use

Samsung Galaxy F55 with vegan leather finish launching on May 17: Details

The Samsung Galaxy F55 will be available in Apricot Crush and Raisin Black colours, both featuring a vegan leather back panel with a saddle stitch pattern

ROG Ally X: ASUS next-gen handheld gaming console set to launch on June 2

ASUS confirmed that the ROG Ally X hand-held gaming console will feature a new design and get a substantially larger battery pack compared to the on-going model

WhatsApp gets a design makeover with new colour palette, icons, and more

Now rolling out to Android and iOS platforms, the WhatsApp redesign features more neutral colours and features rounded in-app icons and illustrations

OnePlus 13 could feature square-shaped camera island similar to this phone

OnePlus is reportedly mulling to bring back the square-shaped camera island, like the one on its OnePlus 10 series, with its 2025 flagship series

Microsoft Xbox Store: What is it, launch date, supported platforms and more

Microsoft calls the Xbox mobile store a cross-platform gaming-centric mobile experience, which is said to be independent of the policies of closed ecosystem stores

TikTok to start labelling AI-based content as tech becomes more universal

TikTok will begin labelling content created using artificial intelligence when it's uploaded from outside its own platform. TikTok says its efforts are an attempt to combat misinformation from being spread on its social media platform. AI enables incredible creative opportunities, but can confuse or mislead viewers if they don't know content was AI-generated, the company said in a prepared statement on Thursday. Labelling helps make that context clear which is why we label AIGC made with TikTok AI effects, and have required creators to label realistic AIGC for over a year. TikTok said that it's teaming with the Coalition for Content Provenance and Authenticity and will use their Content Credentials technology. The company said that the technology can attach metadata to content, which it can use to instantly recognise and label AI-generated content. TikTok said its use of the capability started on Thursday on images and videos and will be coming to audio-only content soon. Over t