Amazon Increases $ 2.75 Billion Investment in Anthropic
Amazon has increased its $2.75 billion investment in Anthropic, a start-up that faces off against Google and OpenAI in the race to develop...Microsoft Names Pavan Davuluri as its New Windows and Surface Chief
According to reports, Indian-American a technology major, Microsoft named Pavan Davuluri as its new Windows and Surface chief, per an internal...95% of foreign investors face obstacles to doing business in India - PwC survey
News Daily India reported that among the companies that have faced problems in the Indian market are Motorola, McDonald's, Coca-Cola, Parimatch,...Ericsson AB to Layoff 1,200 Employees in Sweden to Deal with Decline in Orders
Globally renowned manufacturers of 5G networking equipment, Ericsson AB plans to lay off about 1,200 employees in Sweden as a way of dealing with...E-Commerce Platforms Experience Record-Breaking Sales During Holi
E-commerce platforms like Flipkart, Swiggy, Blinkit, and Zepto are seeing record-breaking sales during the Holi holiday.
Government's New Policy to Cheer Eco-Friendly Transport Options, Electric Vehicle Models
Government’s new policy is expected to encourage environmentally...Wipro Promotes 25 Employees to Vice President Roles, Six to Senior Vice President Roles
Wipro, an IT services company, has promoted 25 employees to vice president positions and six employees to senior vice president positions....Fintech Startup Yenmo Earns $ 500,000 in Funding Round
Instant loans against mutual funds are offered by the fintech platform Yenmo, which has raised $500,000 in a seed fundraising round headed by US...UN General Assembly Unanimously Adopts First Global Resolution on AI
The UN General Assembly unanimously voted for a first global resolution on artificial intelligence to uphold data protection, risk monitoring for...Supreme Court Put Stay on Govt's Fact-Check Unit Notification
The Supreme Court stayed a government notification that set up a Fact Checking Unit under the Press Information Bureau to identify fake news...L&T Technology Services Fosters Generative AI Adoption
In order to develop a pool of AI experts, L&T Technology Services (LTTS) has teamed up with American tech company Nvidia to offer generative AI...Intel Embarks on a $ 100 Billion Investment Plan to Build, Expand Factories Across the US
After receiving $ 19.5 billion from federal grants, Intel is embarking on a $ 100 billion investment plan aiming to build and expand factories...
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