Internet

Nearly 60,000 outsourced contract workers lost jobs in India’s information technology sector in the year ending in March as jobs for flexi workers hired through contractors by companies shrank 7.7 percent from a year earlier, a recruitment body said on Tuesday. “The drop in new employment generation within the IT flexi staffing sector mirrored the
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Intel on Monday provided a handful of new details on a chip for artificial intelligence (AI) computing it plans to introduce in 2025 as it shifts strategy to compete against Nvidia and Advanced Micro Devices. At a supercomputing conference in Germany on Monday, Intel said its forthcoming “Falcon Shores” chip will have 288GB of memory and support
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A fraud in northern China that used sophisticated “deepfake” technology to convince a man to transfer money to a supposed friend has sparked concern about the potential of artificial intelligence (AI) techniques to aid financial crimes. China has been tightening scrutiny of such technology and apps amid a rise in AI-driven fraud, mainly involving the
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Killers of the Flower Moon trailer is finally here. Apple TV has dropped the first footage from director Martin Scorsese’s upcoming Western, marking his seventh collaboration with Leonardo DiCaprio. The film is said to be a grim take on the real-life mystery surrounding the murders of members the Osage tribe in Oklahoma in the early
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Lenders accused one of India’s hottest tech companies, Byju’s Alpha, of hiding $500 million (roughly Rs. 4,134 crore) as part of a fight between creditors and the self-proclaimed biggest education technology company in the world. The allegation came out at a court hearing on Thursday in Delaware, where Byju’s Alpha faces a lawsuit over who
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Apple and Samsung Electronics are among companies interested in increasing electronics production in India, a minister said, a boon for the country’s push to challenge neighboring China as a manufacturing hub. The South Asian nation is seeking to expand its early success in smartphones to other product categories, Rajeev Chandrasekhar, India’s minister of state for
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Samsung Electronics will not change the default search engine on its smartphones from Google to Microsoft’s Bing any time soon, the Wall Street Journal reported on Friday, citing people familiar with the matter. Shares of Google-parent Alphabet gained more than 1 percent in premarket trading. Microsoft shares were down about 1 percent. Samsung has suspended
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The Enforcement Directorate (ED) has seized Rs 8.26 crore in a case against Pigeon Education Technology India Private Limited under provisions of the Foreign Exchange Management Act (FEMA), 1999, according to an official statement issued on Friday. In its statement, the ED said that an investigation found that the company was owned by Chinese nationals
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Google will pay Washington state $39.9 million (nearly Rs. 330 crore) to resolve a lawsuit accusing the Alphabet unit of misleading consumers about its location tracking practices, state Attorney General Bob Ferguson said on Thursday. The settlement resolves claims that Google deceived people into believing they controlled how the search and advertising company collected and
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OpenAI, the startup behind ChatGPT, wants the US to consider mandating licenses for companies to develop powerful artificial intelligence like the kind underpinning its chatbot, its chief executive plans to tell Congress on Tuesday. In his first appearance before a congressional panel, CEO Sam Altman is set to advocate licensing or registration requirements for AI
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Abhishek Singh, MD and CEO of Digital India Corporation on Monday emphasised the need for India to have its own framework on Artificial Intelligence (AI) that provides solutions to the diverse nature of the country. Though many countries have legislative interventions, there is no law in India to regulate AI, he claimed. “We are thinking in this direction. As and when the
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