Author: News Desk
Alphabet’s Google is doubling down on artificial intelligence, pledging to invest up to $2 billion in Anthropic, a company specialising in AI development. This significant investment indicates Google’s commitment to competing with tech giants like Microsoft and Amazon as they strive to integrate AI into their applications. Expanding its Commitment to AI Advancements Google has initiated a massive investment of $500 million into Anthropic, a direct rival to OpenAI, with a promise to add an additional $1.5 billion over time. This bold move underlines Google’s determination to bolster its position in the rapidly evolving AI landscape. Amazon’s $4 Billion Pledge…
Emerging as a significant engineering masterpiece, the new 2.07 km New Pamban rail sea bridge in Tamil Nadu nears its completion, considering to be a significant upgrade over the century-old Pamban Bridge. In the new Avatar, it is set to be India’s first vertical lift railway sea bridge. Reportedly, by December 2022, a remarkable 84% of the reconstruction work on the New Pamban Bridge was completed, surpassing earlier timelines that had set March 2023 as the completion date. The prime significance of the bridge is its 72 metre long Vertical lift span, which will allow the lifting of this span by 17m to…
BMW is set to relaunch the X4 SUV in India, but this time, it’s arriving in a single, high-performance xDrive M40i variant. This article dives into the resurrection of the BMW X4, its striking features, and what sets it apart in the competitive Indian market. Sporty Redesign and Elegant Color Options The revived X4 maintains its signature sloping roofline, resembling its predecessor. However, it draws design inspiration from the X3, the SUV it’s based on. The BMW M kidney grille is now in glossy black, with smoked headlamps and a bold bumper featuring a black skid plate. The 20-inch Jet…
Forbes India, in collaboration with D Globalist, a global mobility accelerator with a worldwide network of professionals, has launched the new edition of DGEMS. Open Financial Technologies, Lenskart, Medikabazaar, Pearl Global, Good Glamm Group, No Broker are the Indian companies that entered in the top 10 list. Forbes India DGEMS 2023 platform that recognizes 200 companies with global business potential. The shortlisting of these companies was made by Forbes India & D Globalist after vetting on various parameters including their growth in the domestic market, unique business proposition, fundraising and ownership of intellectual property rights. To provide holistic guidance to…
Taiwan-based Apple contract manufacturer Wistron Corp on Friday approved the sale of its plant in Karnataka to Tata group. This paves the way for the salt-to-software conglomerate to become the first domestic entity to manufacture iPhones. “The transaction price is tentatively estimated at $125 million,” Wistron said in a statement. The company’s board reportedly met on Friday to grant approval to subsidiaries, SMS InfoComm (Singapore) and Wistron Hong Kong, to sign an agreement with Tata Electronics for the sale of its 100% indirect stake in Wistron InfoComm Manufacturing. Electronics and Technology Minister Rajeev Chandrasekhar announced that Tata Group will start making…
The India Mobile Congress 2023 witnessed groundbreaking announcements and initiatives in the telecom industry, bringing India closer to becoming a global technology leader. This article explores key developments, including Reliance Jio’s satellite communications service, the impending satellite broadband services by Eutelsat-OneWeb, and the 5G race among telecom giants. Expanding Broadband Access Across India Reliance Jio, helmed by Mukesh Ambani, made a significant stride in connecting the unconnected with the launch of Jio Space Fiber, its satellite communications service. The service, unveiled at the India Mobile Congress, demonstrated its capability by connecting four of the most remote locations in India: Gir,…
Imagine escaping the confines of a traditional office and trading them for a workspace by the tranquil shorelines of Dubai. This vision is now a reality, courtesy of Emirates Integrated Telecommunications Company (EITC), as they unveil the groundbreaking “Work Getaway.” Nestled at the scenic Sunrise Beach in Dubai, this pop-up workspace promises a redefined experience of remote work. Work Getaway – Your Office by the Shore Dubbed “Work Getaway,” this beachside remote working space has been meticulously designed to cater to a wide array of business needs. It offers essential amenities such as unlimited 5G internet access and an advanced router, ensuring a seamless and productive working experience. More than just a workspace, “Work Getaway” embodies a…
IBM launched watsonx Code Assistant, a generative AI-powered assistant that helps enterprise developers and IT operators code more quickly and more accurately using natural language prompts. The product currently delivers on two specific enterprise use cases. First, IT Automation with watsonx Code Assistant for Red Hat Ansible Lightspeed, for tasks such as network configuration and code deployment. Second, mainframe application modernization with watsonx Code Assistant for Z, for translation of COBOL to Java on IBM Z.1 “With this launch, watsonx Code Assistant joins watsonx Orchestrate and watsonx Assistant in IBM’s growing line of watsonx assistants that provide enterprises with tangible ways to implement generative AI. Watsonx Code Assistant puts AI-assisted code development and application modernization tools directly into the hands…
The Consumer Affairs Secretary Rohit Kumar Singh said that that the Union government will launch the world’s first software to detect dark patterns on the Internet, which are tricks tech companies use to get users to click features that benefit the company. The consumer affairs ministry, in collaboration with Indian Institute of Technology-Banaras Hindu University, on Thursday launched a four-stage hackathon to build an open-source software that will be available as a freely downloadable browser extension and a mobile app, a global first, to alert users to the presence of dark patterns on websites. Singh said the central government is building a software which will detect websites…
The Asia Internet Coalition (AIC), an industry group representing big tech companies such as Google, Apple, Meta and Microsoft, has approached the Ministry of Electronics and Information Technology (MeitY) to provide a 12-18 month long transition period to comply with certain key provisions of the data protection Act. In a letter to IT Minister Ashwini Vaishnaw and Minister of State for Electronics and IT Rajeev Chandrasekhar, the Asia Internet Coalition recommended a yearlong compliance period for companies to prepare their systems for issuing consent notices to users. “Since implementing these provisions would require structural changes in organisations and businesses, they are likely to face significant challenges during…