Tag: Market Expansion

A bill that could lead to a TikTok ban in the US is gaining momentum. Here are 5 things to know
Technology

A bill that could lead to a TikTok ban in the US is gaining momentum. Here are 5 things to know

[ad_1] TikTok once again finds itself in a precarious position. This time, it comes in the form of legislation that would ban the popular social media platform if it doesn't break ties with ByteDance, its Beijing-based parent company. On Thursday, a House panel unanimously approved a bipartisan bill that would require the Chinese firm to divest TikTok and other applications it owns within six months of the bill's enactment in order to avoid a nation-wide ban. The legislation also creates a process that lets the executive branch prohibit access to other apps that pose a threat to national security.House Majority Leader Steve Scalise announced Thursday that he would bring the bill to the House floor for a vote next week. It's unclear what will happen in the Senate, where several bills aim...
TIMELINE – From CEO Sam Altman’s firing to Elon Musk’s lawsuit: check out the OpenAI saga
Technology

TIMELINE – From CEO Sam Altman’s firing to Elon Musk’s lawsuit: check out the OpenAI saga

[ad_1] OpenAI CEO Sam Altman will return to the ChatGPT-maker's board along with three new directors, the company said on Friday. Below is a timeline of the events in a tumultuous few months for the artificial intelligence company. Date Event Nov. 17, OpenAI board fires CEO Sam Altman and 2023 President Greg Brockman quits. Mira Murati named as interim CEO Nov. 18, Altman's firing was over a "breakdown in 2023 communication between Sam and the board," and not "malfeasance", COO Brad Lightcap says in an internal memo Early investor Khosla Ventures says it wants Altman back at OpenAI, "but will back him in whatever he does next" Altman discusses a possible return to the company even as he contemplates a new venture, source says Nov. 20, Microsoft CEO Satya Nadella says the Windows 2023 ma...
OpenAI Chief Sam Altman returns to board after probe clears him of any wrongdoing
Technology

OpenAI Chief Sam Altman returns to board after probe clears him of any wrongdoing

[ad_1] OpenAI Chief Executive Officer Sam Altman was cleared of any wrongdoing that would have mandated being fired from the company late last year, according to a report based on a monthslong investigation into the events leading up to his brief ouster.WilmerHale, the law firm that conducted the inquiry, found that the board's decision to fire Altman was a “consequence of a breakdown in the relationship and loss of trust between the prior board and Mr. Altman,” the artificial intelligence startup said Friday. It did not arise from concerns about product safety, the pace of development or OpenAI's finances, it said. Also read: Some like it bot: Realistic Marilyn Monroe AI image to makes debut at tech conference Altman is rejoining the company's board following the findings. OpenAI's boa...
Some Like It Bot: Realistic Marilyn Monroe AI image makes debut at tech conference
Technology

Some Like It Bot: Realistic Marilyn Monroe AI image makes debut at tech conference

[ad_1] Are you a fan of Marilyn Monroe and would like to talk to a very realistic digital version of her? That could now be possible. More than 60 years after her death, Digital Marilyn Monroe - created with the help of artificial intelligence (AI) - made her debut on Friday at the South by Southwest tech conference in Austin, Texas. Appearing via computer screen in a modest black turtleneck sweater and sporting her familiar blonde pixie hairstyle, the iconic actress's digital doppelganger will converse in her familiar breathy voice. She can express emotions, such as smiling in response to a compliment.In a recent test, Digital Marilyn Monroe talked about her favorite movie role as Sugar in the 1959 comedy "Some Like It Hot", pausing and glancing down in a reflective manner before offer...
5 things about AI you may have missed today: Tech Mahindra CEO on AI, Rakuten to invest $10 mn in India on AI, more
Technology

5 things about AI you may have missed today: Tech Mahindra CEO on AI, Rakuten to invest $10 mn in India on AI, more

[ad_1] Tech Mahindra CEO sees AI as an amplifier of human capabilities, not a job threat; Rakuten to invest $10 mn in India on AI and 6G development; AI knowledge consortium launched by 12 research organizations in India; Zora expands into AI, offering revenue streams for model makers- this and more in our daily roundup. Let us take a look.1. Tech Mahindra CEO sees AI as an amplifier of human capabilities, not a job threatTech Mahindra's CEO, Mohit Joshi, emphasises the transformative power of AI, viewing it as an enhancer of human capabilities rather than a threat to jobs. Speaking at Mobile World Congress 2024, Joshi discusses the company's focus on leveraging AI in auto racing for technology, battery optimization, and enhancing overall experiences. He believes AI expands opportunitie...
Chandrayaan 4 mission: ISRO chief reveals challenges and vision for ambitious lunar venture
Technology

Chandrayaan 4 mission: ISRO chief reveals challenges and vision for ambitious lunar venture

[ad_1] In a recent address at the National Space Science Symposium, ISRO Chief S Somanath provided insight into the formidable challenges and exciting developments surrounding India's next lunar exploration venture, Chandrayaan 4 mission. While the mission to retrieve lunar samples is still pending approval, Somanath shed light on the complexities that make this undertaking particularly demanding.Expressing the ongoing debate within the scientific community, Somanath remarked, "Many considerations arise, such as whether to replicate previous missions, gather samples, or pioneer a mission distinct from others. This question is still under deliberation." Somanath outlined key challenges setting Chandrayaan 4 mission apart from its predecessors:1. Multifaceted Launch Requirements: Unlike t...
Microsoft CEO Satya Nadella highlights the immense power AI PCs wield
Technology

Microsoft CEO Satya Nadella highlights the immense power AI PCs wield

[ad_1] The annual HP Amplify partner conference in Las Vegas unfolded with a wave of discussions and revelations, all centered around the profound impact of artificial intelligence (AI) on various industries. From partnership program upgrades to a strategic shift towards subscriptions and services, the two-day event brought tech leaders, including Microsoft CEO Satya Nadella and Alphabet CEO Sundar Pichai, to a unanimous agreement on the pivotal role of AI. Analysts are dubbing 2024 as the year when AI takes center stage in product pitches.During the HP Amplify Partner Conference's fireside chat with HP CEO Enrique Lores, Satya Nadella, in his 32nd year at Microsoft, emphasised AI's broad potential impact, calling for a fundamental reevaluation of the entire tech stack. Nadella highligh...
Apple is making big App Store changes in Europe over new rules. Could it mean more iPhone hacking?
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Apple is making big App Store changes in Europe over new rules. Could it mean more iPhone hacking?

[ad_1] Apple is opening small cracks in the iPhone's digital fortress as part of a regulatory clampdown in Europe that is striving to give consumers more choices — at the risk of creating new avenues for hackers to steal personal and financial information stored on the devices.The overhaul rolling out Thursday only in the European Union represents the biggest changes to the iPhone's App Store since Apple introduced the concept in 2008. Among other things, people in Europe can download iPhone apps from stores not operated by Apple and are getting alternative ways to pay for in-app transactions. European regulators are hoping the changes mandated by the Digital Markets Act, or DMA, will loosen the control that Big Tech's “digital gatekeepers” have gained over the products and services tha...
Broadcom Expects AI Demand to Help Offset Weakness Elsewhere
Technology

Broadcom Expects AI Demand to Help Offset Weakness Elsewhere

[ad_1] Broadcom Inc., a chip supplier for Apple Inc. and other big tech companies, predicted that AI spending would fuel growth more quickly than expected this year, even as sluggish demand in other areas weighs on semiconductor sales.The company's semiconductor division posted revenue of $7.39 billion in the fiscal first quarter, Broadcom said Thursday, missing the $7.7 billion projected by analysts. Still, the chipmaker remains on track for $50 billion in sales during fiscal 2024, which ends in October. That's in line with its previous forecast. Though an artificial intelligence boom is fueling demand for Broadcom equipment, the company is contending with slower sales in some segments, such as telecommunications. That's hurting its chip business. Broadcom's infrastructure software sal...
5 things about AI you may have missed today: Cabinet clears India’s Rs. 10000 cr AI mission, Stability AI unveils TripoS
Technology

5 things about AI you may have missed today: Cabinet clears India’s Rs. 10000 cr AI mission, Stability AI unveils TripoS

[ad_1] Cabinet greenlights Rs. 10000 cr India AI mission for computing capacity boost; Stability AI unveils TripoSR: Revolutionary AI tool creates 3D models in seconds; AI's climate role questioned: Report warns of energy surge and misinformation; the AI industry backs nuclear power to sustain its energy appetite- this and more in our daily roundup. Let us take a look.1. Cabinet greenlights Rs. 10000 cr India AI mission for computing capacity boostThe Union Cabinet approved the India AI Mission, allocating Rs. 10372 crore for five years. The initiative aims to subsidize private companies for AI computing capacity, fund AI startups, and establish a framework for non-personal data. The government plans to set up 10000 GPUs and develop models for priority sectors. Implementation involves a...