Tag: Christmas Decoration

5 things about AI you may have missed today: Paytm’s AI-led layoff, AI antibiotic, and more
25Dec By adminNo Comments
Technology

5 things about AI you may have missed today: Paytm’s AI-led layoff, AI antibiotic, and more

[ad_1] Today is Christmas and, as expected, most businesses and governments have shut down for the day and people are enjoying a holiday. Yet artificial intelligence developments have found a way to emerge even today. In a shocking development, the parent company of Paytm, One97 Communication, has fired more than 1000 employees. The underlying reason behind the Paytm layoff is reported to be the AI advancement of the company that has caused a few positions to be surplus to requirements. This and more in today's AI roundup. Let us take a closer look.Paytm fires 1000 employeesPaytm's parent company, One97 Communication, has laid off over 1000 employees from various departments as a cost-cutting measure, reported the Economic Times. The layoffs, occurring over the past few months, amount t...
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As Exports To US Triple In A Year, India In Race To Be Next China
5Sep By adminNo Comments
Latest

As Exports To US Triple In A Year, India In Race To Be Next China

[ad_1] India's goods exports touched $420 billion in the financial year ended March. (File)India, believed by many to have the potential to become the next China, is finally making headway in the exports market as it broke into the top five suppliers of Christmas decorative items and t-shirts to the US.Sea-borne shipments of festival goods and accessories to America touched $20 million last month, almost triple the value from the year-ago period, according to US customs data. In the process, India gained a clear lead over the Philippines as buyers diversify supply sources in the face of rising labor costs and disruptions from China's strict Covid-zero policy.One such beneficiary of the early Christmas present is Amit Malhotra, whose Asian Handicrafts Pvt. supplies decoration items to glo...
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