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Data analytics market to hit $190 billion in 2028 globally The global data analytics market is forecast to be worth $190 billion in 2028, registering an 11.1 per cent compound annual growth rate (CAGR) between 2023 and 2028, according to a report on Tuesday.  With data volumes projected to exceed 175 zettabytes by 2025, organisations must leverage advanced analytics tools to extract actionable insights, said GlobalData, a leading data and analytics company. The traditional data analytics vendors are being disrupted by AI-native vendors tha...
Data analytics market to hit $190 billion in 2028 globally
Data analytics market to hit $190 billion in 2028 globally
Source: IANS
2024-12-17 05:35:54 pm
OpenAI signs 1st MoU in South Korea to foster AI ecosystem The state-run Korea Development Bank (KDB) signed an initial agreement on Tuesday with the US artificial intelligence (AI) research firm OpenAI to jointly foster the growth of AI ecosystem in the country, bank officials said.  Under the memorandum of understanding (MOU), the two sides will collaborate to boost the local AI ecosystem and facilitate the development of Korean language-based AI models, they added. This marks OpenAI's first MoU with any South Korean entity, reports ...
OpenAI signs 1st MoU in South Korea to foster AI ecosystem
OpenAI signs 1st MoU in South Korea to foster AI ecosystem
Source: IANS
2024-11-27 09:04:34 am
LTIMindtree climbs on joining forces with Microsoft to supercharge AI innovation LTIMindtree is currently trading at Rs. 6236.30, up by 120.70 points or 1.97% from its previous closing of Rs. 6115.60 on the BSE. The scrip opened at Rs. 6131.65 and has touched a high and low of Rs. 6236.35 and Rs. 6130.25 respectively. So far 4093 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 6575.00 on 19-Sep-2024 and a 52 week low of Rs. 4518.35 on 04-Jun-2024. Last one week high and low of the scrip stoo...
LTIMindtree climbs on joining forces with Microsoft to supercharge AI innovation
LTIMindtree climbs on joining forces with Microsoft to supercharge AI innovation
Source: Accord Fintech
2024-11-26 12:45:59 pm
Nokia expands pact with Microsoft for data centre routers, switches Nokia on Thursday announced a five-year expansion of its multi-year agreement to supply Microsoft Azure with data centre routers and switches.  Nokia’s data centre networking portfolio will enhance the scalability and reliability of Azure data centres around the world. The partnership will grow Nokia's global footprint to over 30 countries and strengthen its role as a strategic supplier for Microsoft's worldwide cloud infrastructure. As part of the expansion, Nokia wi...
Nokia expands pact with Microsoft for data centre routers, switches
Nokia expands pact with Microsoft for data centre routers, switches
Source: IANS
2024-11-21 02:02:26 pm
Microsoft unveils new features to empower every employee with Copilot AI As companies all over the world embrace artificial intelligence (AI), Microsoft has announced to empower every employee with its Copilot AI as a personal assistant, and to transform every business process with agents built in its Copilot Studio.  The newly-launched ‘Copilot Actions’ will automate everyday tasks with simple, fill-in-the-blank prompts that the users can set and forget. The company said it has dramatically improved Copilot performance — responses are...
Microsoft unveils new features to empower every employee with Copilot AI
Microsoft unveils new features to empower every employee with Copilot AI
Source: IANS
2024-11-20 06:14:35 pm
South Korean trade minister discusses supply chain at APEC CEO summit Trade Minister Cheong In-kyo attended an economic event for business executives at the Asia-Pacific Economic Cooperation (APEC) summit in Peru, where he exchanged views on the global supply chain with other participants, his office said on Friday.  Cheong also highlighted that his country sought to gain insights from Peru about preparing for the annual summit of 21 global leaders as Seoul is set to host the 2025 APEC summit in Gyeongju, 275 kilometers southeast of Seoul, reports Yonha...
South Korean trade minister discusses supply chain at APEC CEO summit
South Korean trade minister discusses supply chain at APEC CEO summit
Source: IANS
2024-11-15 10:13:40 am
Big Tech companies gear up for major policy changes under Donald Trump US President-elect Donald Trump has strong relationships with Big Tech CEOs like Elon Musk and has talked about positive relationships with Amazon Founder Jeff Bezos and Meta Co-founder Mark Zuckerberg.  Other support from Silicon Valley comes from the disdain for Lina Khan, Biden’s strong anti-trust FTC chair who has been very hard on Big Tech, according to a report by Counterpoint Research. “With a potentially more business-friendly FTC chair during the Trump administ...
Big Tech companies gear up for major policy changes under Donald Trump
Big Tech companies gear up for major policy changes under Donald Trump
Source: IANS
2024-11-11 09:30:46 am
Bill Gates, who reportedly gave $50 mn to kamala Harris campaign, congratulates Donald Trump crosoft Co-founder and billionaire Bill Gates, who reportedly gave $50 million to one of the political campaigns of US Vice-President Kamala Harris, on Friday congratulated President-elect Donald Trump.  In a post on X social media platform, Gates congratulated Trump and VP-elect JD Vance. “America is at its strongest when we use ingenuity and innovation to improve lives here in the U.S. and around the world. I hope we can work together now to build a brighter future for ever...
Bill Gates, who reportedly gave $50 mn to kamala Harris campaign, congratulates Donald Trump
Bill Gates, who reportedly gave $50 mn to kamala Harris campaign, congratulates Donald Trump
Source: IANS
2024-11-08 10:54:47 am
Nvidia surpasses Apple to become world’s largest company in AI era Graphics chip giant Nvidia has become the world’s largest company by market capitalisation, surpassing Apple, in the artificial intelligence (AI) era.  Nvidia was valued at $3.43 trillion at the close of market late on Tuesday, crossing Apple’s $3.38 trillion market value. Jensen Huang-led Nvidia for the first time pushed past Apple in June, though only for a day. The company’s stock rose 2.9 per cent to $139.93, resulting in a market capitalisation of $3.43 tr...
Nvidia surpasses Apple to become world’s largest company in AI era
Nvidia surpasses Apple to become world’s largest company in AI era
Source: IANS
2024-11-06 12:33:01 pm
Over 17 million Indian developers now building on GitHub Microsoft Copilot-powered developer platform GitHub on Tuesday said there are over 17 million developers in India building on the platform, representing an increase of 28 per cent in 2024, and making India the fast-growing developer community in the world.  India also has the second-highest number of GitHub Education users, second-highest number of contributors to public generative AI projects, and the second-highest number of contributions to open source projects—underscoring I...
Over 17 million Indian developers now building on GitHub
Over 17 million Indian developers now building on GitHub
Source: IANS
2024-10-30 09:27:18 am
Asian stocks mixed, dollar drifts before megacap earnings, jobs data Asian stocks were mixed in volatile trading on Tuesday as investors girded for three days of tech megacap earnings reports on Wall Street, kicking off with Google parent Alphabet later in the day. The dollar drifted not far from a three-month high with one of the Federal Reserve's preferred employment gauges - the JOLTS job openings report - due on Tuesday, ahead of highly anticipated monthly non-farm payrolls data on Friday. U.S. Treasury yields eased from three-month peaks. The ye...
Asian stocks mixed, dollar drifts before megacap earnings, jobs data
Asian stocks mixed, dollar drifts before megacap earnings, jobs data
Source: Reuters
2024-10-29 09:15:48 am
OpenAI plans to launch new powerful AI model `Orion` by December ChatGPT maker OpenAI is reportedly planning to launch its next AI model called ‘Orion’ in December this year which is potentially up to 100 times more powerful than GPT-4.  According to a report in The Verge, unlike the release of OpenAI’s last two models — GPT-4o and o1 — Orion won’t initially be released widely through ChatGPT. The report mentioned, citing sources, that the Sam Altman-run AI company is planning to grant access to companies firs...
OpenAI plans to launch new powerful AI model `Orion` by December
OpenAI plans to launch new powerful AI model `Orion` by December
Source: IANS
2024-10-25 02:14:19 pm
Dollar droops with US yields, stocks mixed amid rates, election risks The dollar was on the defensive on Friday following its biggest drop in a month against major peers, as it tracked a retreat in U.S. yields from nearly three-month highs after depressed Treasury prices drew buyers. Asian stocks were mixed, with some markets tracking Wall Street gains from overnight, while Japan's Nikkei struggled after the yen rebounded strongly from a three-week trough to the dollar. Hong Kong's Hang Seng rose while mainland blue chips were flat. For the wee...
Dollar droops with US yields, stocks mixed amid rates, election risks
Dollar droops with US yields, stocks mixed amid rates, election risks
Source: Reuters
2024-10-25 09:27:49 am
Infosys, Microsoft expand collaboration to help boost GenAI adoption globally  Tech majors Infosys and Microsoft on Wednesday announced to expand their collaboration to help accelerate customer adoption of generative AI and Microsoft Azure globally.  The move is aimed at helping Infosys’ and Microsoft’s joint customers realise the value of their technology investments and secure transformative outcomes. Infosys became an early adopter of GitHub Copilot. It currently has over 18,000 developers who have generated and used more than 7 million l...
Infosys, Microsoft expand collaboration to help boost GenAI adoption globally
Infosys, Microsoft expand collaboration to help boost GenAI adoption globally
Source: IANS
2024-10-09 04:46:50 pm
Microsoft to reopen meltdown nuclear plant for AI energy needs Microsoft and Constellation Energy announced a groundbreaking deal to reopen the partially melted-down Three Mile Island nuclear plant, with the tech giant purchasing all the power for 20 years after the restart.  The deal marked the first time a decommissioned US nuclear plant had been brought back into service and the first time a commercial nuclear power plant's entire output had been allocated to one customer, Xinhua news agency reported. The agreement aimed to feed the gro...
Microsoft to reopen meltdown nuclear plant for AI energy needs
Microsoft to reopen meltdown nuclear plant for AI energy needs
Source: IANS
2024-09-22 09:09:46 am
Firstsource Solutions surges on collaborating with Microsoft Firstsource Solutions is currently trading at Rs. 314.00, up by 6.65 points or 2.16% from its previous closing of Rs. 307.35 on the BSE. The scrip opened at Rs. 317.55 and has touched a high and low of Rs. 318.00 and Rs. 312.05 respectively. So far 70264 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 343.85 on 20-Aug-2024 and a 52 week low of Rs. 148.40 on 26-Oct-2023. Last one week high and low of the scrip s...
Firstsource Solutions surges on collaborating with Microsoft
Firstsource Solutions surges on collaborating with Microsoft
Source: Accord Fintech
2024-09-17 10:30:05 am
byteXL partners with Microsoft to launch B. Tech in Computer Science - Artificial Intelligence and Machine Learning specialization at Universities across India byteXL,a leading EdTech platform in India dedicated to revolutionizing engineering education and IT skilling has partnered with Microsoft for the launch of B.Tech in Computer Science - Artificial Intelligence and Machine Learning specialization at ten premier Universitiesacross Indiathat include Lovely Professional University, Parul University, Chandigarh University, GLA University and Rayat Bahra University. In this strategic partnership with the universities, byteXL will be acting as an...
byteXL partners with Microsoft to launch B. Tech in Computer Science - Artificial Intelligence and Machine Learning specialization at Universities across India
byteXL partners with Microsoft to launch B. Tech in Computer Science - Artificial Intelligence and Machine Learning specialization at Universities across India
Source: PR Agency
2024-09-06 01:52:41 pm
Hyderabad to host Global AI Summit on September 5-6 The Telangana government will be organising the Global AI Summit in Hyderabad on September 5 and 6, it was announced on Tuesday.  Minister for Information Technology, Duddilla Sridhar Babu, said that the summit aims to position Hyderabad as the global AI Capital. "AI holds immense potential for creating inclusive solutions, and our government is committed to fostering collaboration between industry leaders, policymakers, and innovators to drive significant positive societal im...
Hyderabad to host Global AI Summit on September 5-6
Hyderabad to host Global AI Summit on September 5-6
Source: IANS
2024-08-28 09:26:38 am
Datamatics Global Services hits upper circuit on partnering with Microsoft Datamatics Global Services is currently trading at upper limit of Rs. 673.20, up by 112.20 points or 20.00% from its previous closing of Rs. 561.00 on the BSE. The scrip opened at Rs. 569.90 and has touched a high and low of Rs. 673.20 and Rs. 558.00 respectively. So far 239110 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 790.20 on 05-Dec-2023 and a 52 week low of Rs. 455.00 on 04-Jun-2024. Last one week high...
Datamatics Global Services hits upper circuit on partnering with Microsoft
Datamatics Global Services hits upper circuit on partnering with Microsoft
Source: Accord Fintech
2024-08-27 02:16:44 pm
LinkedIn appoints Kumaresh Pattabiraman as Country Manager, Product Head in India  Microsoft-owned professional networking platform LinkedIn on Friday announced it has appointed Kumaresh Pattabiraman as new Country Manager and Product Head in India.  With over 135 million members, India stands as LinkedIn's second-largest and fastest-growing market. In a post, Pattabiraman said that LinkedIn has evolved from being just a jobs platform to becoming a dynamic global community where professionals connect for jobs, learning, networking, and knowledge sharing...
LinkedIn appoints Kumaresh Pattabiraman as Country Manager, Product Head in India
LinkedIn appoints Kumaresh Pattabiraman as Country Manager, Product Head in India
Source: IANS
2024-08-23 10:08:11 am
Gaming company Krafton acquires Japan`s Tango Gameworks  Krafton, a South Korean gaming firm, said on Monday it has acquired Tokyo-based game studio Tango Gameworks for an undisclosed sum.  Krafton said it will absorb Tango Gameworks' developers and the rights to its acclaimed rhythm action combat game Hi-Fi RUSH, according to the Korean company, reports Yonhap news agency. "This integration reinforces Krafton's dedication to expanding its global footprint and enhancing its portfolio with innovative and high-quality co...
Gaming company Krafton acquires Japan`s Tango Gameworks
Gaming company Krafton acquires Japan`s Tango Gameworks
Source: IANS
2024-08-12 09:08:57 am
Minor disruptions only in 10 Indian banks due to Microsoft global outage, says RBI The Reserve Bank of India (RBI) on Friday clarified that only 10 banks and non-banking finance companies in the country had minor disruptions due to the large-scale outage in Microsoft services.   "Critical systems of most banks are not in the cloud and further, only a few banks are using the CrowdStrike tool. Our assessment shows that only 10 banks and NBFCs had minor disruptions which have either been resolved or are being resolved," the RBI said in a press release. Ove...
Minor disruptions only in 10 Indian banks due to Microsoft global outage, says RBI
Minor disruptions only in 10 Indian banks due to Microsoft global outage, says RBI
Source: IANS
2024-07-20 09:52:52 am
Tech Mahindra, Microsoft join hands to modernise workplace experiences with GenAI Tech Mahindra on Tuesday announced a collaboration with Microsoft to modernise workplace experiences with Copilot for Microsoft 365.  This will benefit their over 1,200 customers and an initial over 10,000 employees across 15 locations. Tech Mahindra will improve workforce efficiency and streamline processes, ushering in a new era of modern workplace experiences by leveraging Microsoft’s Cloud platform and GenAI capabilities. Additionally, the company is deploying GitHub C...
Tech Mahindra, Microsoft join hands to modernise workplace experiences with GenAI
Tech Mahindra, Microsoft join hands to modernise workplace experiences with GenAI
Source: IANS
2024-07-09 01:50:54 pm
SK Group chairman meets with CEOs of Amazon, Intel SK Group Chairman Chey Tae-won has met with leaders of global tech giants, including Amazon and Intel, to discuss ways to broaden business cooperation in artificial intelligence (AI) semiconductors, his company said on Monday. Chey, who has been on a US trip since June 22, held talks with Amazon CEO Andy Jassy at the headquarters of the US multinational technology company in Washington, last week, to explore ways to enhance cooperation in the AI chip sector, according to SK Group. Amazo...
SK Group chairman meets with CEOs of Amazon, Intel
SK Group chairman meets with CEOs of Amazon, Intel
Source: IANS
2024-07-01 03:05:52 pm
Tata Technologies moves up on collaborating with Microsoft and Tata Motors Tata Technologies is currently trading at Rs. 1032.50, up by 2.50 points or 0.24% from its previous closing of Rs. 1030.00 on the BSE. The scrip opened at Rs. 1036.05 and has touched a high and low of Rs. 1044.00 and Rs. 1030.00 respectively. So far 26051 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 1400.00 on 30-Nov-2023 and a 52 week low of Rs. 982.25 on 04-Jun-2024. Last one week high and low of the scrip ...
Tata Technologies moves up on collaborating with Microsoft and Tata Motors
Tata Technologies moves up on collaborating with Microsoft and Tata Motors
Source: Accord Fintech
2024-06-19 09:54:04 am
SaaS firm IBS Software appoints Somit Goyal as CEO Software-as-a-Service (SaaS) solutions provider IBS Software on Monday announced the appointment of Somit Goyal as its new Chief Executive Officer (CEO), effective immediately.  Goyal, who earlier worked at Microsoft, SAP, Oracle and AOL, succeeds Anand Krishnan, who served as CEO of IBS Software since 2018. He recently served as President and COO of Pluralsight, a SaaS company, where he oversaw product, engineering and go-to-market (GTM) functions. "His impressive experien...
SaaS firm IBS Software appoints Somit Goyal as CEO
SaaS firm IBS Software appoints Somit Goyal as CEO
Source: IANS
2024-06-17 04:22:17 pm
Nvidia hits $3 trillion market cap, surpasses Apple on AI boom Al chipmaker Nvidia has surpassed technology giant Apple to become the world's second most valuable company, just behind Microsoft. Nvidia's market cap crossed $3 trillion for the first time due to the AI boom.   Nvidia's shares rose by 5.16 per cent in the last trading session and the company's market cap has reached $3.01 trillion. Apple's shares have increased by 0.78 per cent and its market cap is $3 trillion. Nvidia's stock continues to rise due to i...
Nvidia hits $3 trillion market cap, surpasses Apple on AI boom
Nvidia hits $3 trillion market cap, surpasses Apple on AI boom
Source: IANS
2024-06-06 02:19:55 pm
Microsoft, KT to jointly develop AI, cloud technologies KT Corp, a South Korean telecom company, said on Tuesday it will join hands with US technology giant Microsoft to develop the local artificial intelligence (AI) and cloud computing industries.  Under the partnership, the two companies will jointly conduct AI and cloud research projects, KT officials said, reports Yonhap news agency "We will do our best to set a milestone in South Korea's digital innovation and swiftly respond to changes in the market through a comprehensiv...
Microsoft, KT to jointly develop AI, cloud technologies
Microsoft, KT to jointly develop AI, cloud technologies
Source: IANS
2024-06-04 09:56:18 am
Truecaller to let users create digital version of their voice using Microsoft`s new tech Leading caller identification app Truecaller on Wednesday announced a partnership with Microsoft to utilise the new 'Personal Voice' technology from the tech giant's Azure AI Speech which will allow users to create a digital version of their own voice to use inside the AI Assistant.   Introduced in 2022, Truecaller's AI Assistant incorporates a multitude of AI technologies that can automatically answer phone calls for you, screen calls, take messages, respond on your b...
Truecaller to let users create digital version of their voice using Microsoft`s new tech
Truecaller to let users create digital version of their voice using Microsoft`s new tech
Source: IANS
2024-05-22 06:19:48 pm
Google`s parent company Alphabet earned over Rs 2.5 lakh per second in Q1 After seeing its net profit drop by almost 35 per cent in 2022 due to inflation and advertisers' pullbacks, Google's parent, Alphabet, has been on a trajectory of growth for the past year and a half, earning $3,042 (nearly Rs 2,53,444) per second in the year's first quarter (Q1), or 43 per cent more than in 2023, as per a report on Tuesday. According to data presented by AltIndex.com, Google's parent firm net income soared by 615 per cent in a decade, 8 times more than Appl...
Google`s parent company Alphabet earned over Rs 2.5 lakh per second in Q1
Google`s parent company Alphabet earned over Rs 2.5 lakh per second in Q1
Source: IANS
2024-05-22 09:35:42 am
Microsoft introduces ‘Copilot+ PCs’ for AI era, available from June 18  Tech giant Microsoft has introduced a new category of Windows PCs designed for the artificial intelligence (AI) era. Called ‘Copilot+ PCs’, these are the fastest and most intelligent Windows PCs ever built, the company said in a statement. Starting at $999, the PCs come with new silicon capable of an incredible 40+ TOPS (trillion operations per second), all–day battery life and access to the most advanced AI models. “These experiences come to life on a s...
Microsoft introduces ‘Copilot+ PCs’ for AI era, available from June 18
Microsoft introduces ‘Copilot+ PCs’ for AI era, available from June 18
Source: IANS
2024-05-21 11:32:15 am
Wipro, Microsoft to launch GenAI-powered assistants for financial services Leading technology services and consulting company Wipro on Monday announced that it is teaming up with Microsoft to launch a suite of cognitive assistants for financial services powered by generative artificial intelligence (GenAI). According to the company, the cognitive assistants will provide financial professionals with deep market intelligence and appropriate and timely information on investment products and investor behaviour. "This new solution set, powered by Microsoft, wi...
Wipro, Microsoft to launch GenAI-powered assistants for financial services
Wipro, Microsoft to launch GenAI-powered assistants for financial services
Source: IANS
2024-05-07 09:55:12 am
Microsoft to invest $2.2 bn to fuel Malaysia's cloud, AI transformation Microsoft on Thursday announced to invest $2.2 billion over the next four years to advance new cloud and artificial intelligence (AI) infrastructure in Malaysia. The investment will allow Microsoft to meet the growing demand for cloud computing services in the country, as well as enable Malaysia to capitalise on the significant economic and productivity opportunities presented by the latest AI technology, according to the company. This marks the single largest investment in Microsoft...
Microsoft to invest $2.2 bn to fuel Malaysia's cloud, AI transformation
Microsoft to invest $2.2 bn to fuel Malaysia's cloud, AI transformation
Source: IANS
2024-05-02 02:11:50 pm
Microsoft announces to open its first regional data centre in Thailand Microsoft on Wednesday announced to build a new cloud and artificial intelligence (AI) infrastructure in Thailand, provide AI skilling opportunities for more than 100,000 people, and support the nation's growing developer community. The data centre region will expand the availability of Microsoft's hyperscale cloud services, facilitating enterprise-grade reliability, performance, and compliance with data residency and privacy standards, according to the company. "Our new da...
Microsoft announces to open its first regional data centre in Thailand
Microsoft announces to open its first regional data centre in Thailand
Source: IANS
2024-05-01 01:48:03 pm
Microsoft to invest $1.7 bn in cloud, AI infrastructure in Indonesia Microsoft on Tuesday announced that it will invest $1.7 billion over the next four years in new cloud and artificial intelligence (AI) infrastructure in Indonesia. The company also announced AI skilling opportunities for 840,000 people in the country and support for the nation's growing developer community. This marks the single largest investment in Microsoft's 29-year history in the country. "The investments we are announcing today -- spanning digital infrastructure, s...
Microsoft to invest $1.7 bn in cloud, AI infrastructure in Indonesia
Microsoft to invest $1.7 bn in cloud, AI infrastructure in Indonesia
Source: IANS
2024-04-30 12:17:46 pm
Microsoft posts $21.9 billion in net income, bets big on AI Microsoft has posted a revenue of $61.9 billion in its third quarter (Q3) — up 17 per cent — with $21.9 billion in net income which increased 20 per cent. According to Satya Nadella, Chairman and CEO of Microsoft, Copilot and Copilot stack are orchestrating a new era of AI transformation, driving better business outcomes across every role and industry. “Our AI innovation continues to build on our strategic partnership with OpenAI as more than 65 per cent of the Fortune...
Microsoft posts $21.9 billion in net income, bets big on AI
Microsoft posts $21.9 billion in net income, bets big on AI
Source: IANS
2024-04-26 10:02:55 am
UK begins probe into AI partnerships by Microsoft, Amazon The UK's Competition and Markets Authority (CMA) on Wednesday launched a preliminary probe into partnerships between tech giants over artificial intelligence (AI), like Microsoft and Mistral AI, and Amazon and Anthropic. The anti-trust regulator has asked interested third parties to give their views on whether these AI partnerships (including Microsoft’s hiring of former employees and related arrangements with Inflection AI) fall within UK merger rules and the impact that these a...
UK begins probe into AI partnerships by Microsoft, Amazon
UK begins probe into AI partnerships by Microsoft, Amazon
Source: IANS
2024-04-25 09:02:18 am
Stocks hit by tech slump; yen flails at intervention zone Asian stocks fell on Thursday as disappointing earnings forecasts from Facebook parent Meta Platforms hammered tech shares, while the yen's slump past 155 per dollar for the first time since 1990 raised the spectre of intervention from Tokyo. A 15% dive in shares of Meta in extended trading after the Instagram parent forecast lighter-than-expected current quarter revenue and higher expenses soured the mood, sparking a sell-off in U.S. tech and tech-related stocks. The predictable hi...
Stocks hit by tech slump; yen flails at intervention zone
Stocks hit by tech slump; yen flails at intervention zone
Source: Reuters
2024-04-25 08:54:08 am
Cognizant, Microsoft join hands to expand adoption of GenAI in enterprise Cognizant and Microsoft on Monday announced an expanded partnership with the aim of making the tech giant's generative AI (GenAI) and Copilots available to millions of users to transform enterprise business operations, enhance employee experiences, and accelerate cross-industry innovation. As part of this collaboration, Cognizant purchased 25,000 Microsoft 365 Copilot seats for its associates, along with 500 Sales Copilot seats and 500 Services Copilot seats to improve productivity, st...
Cognizant, Microsoft join hands to expand adoption of GenAI in enterprise
Cognizant, Microsoft join hands to expand adoption of GenAI in enterprise
Source: IANS
2024-04-23 11:09:19 am
Microsoft and ByteXL Collaborate to Present HackXcelerate 2024 at Chaitanya Bharathi Institute of Technology on 26th and 27th April Microsoft, a global technology leader, has joined hands with ByteXL, a pioneering EdTech platform in India dedicated to revolutionizing engineering education and IT skilling for HackXcelerate 2024, a nationwide hackathon aimed at igniting creativity and enhancing problem-solving skills among students. The hackathon is scheduled to take place on April 26th and 27th at one of the esteemed engineering colleges in India - Chaitanya Bharathi Institute of Technology. HackXcelerate 2024 aims to p...
Microsoft and ByteXL Collaborate to Present HackXcelerate 2024 at Chaitanya Bharathi Institute of Technology on 26th and 27th April
Microsoft and ByteXL Collaborate to Present HackXcelerate 2024 at Chaitanya Bharathi Institute of Technology on 26th and 27th April
Source: PR Agency
2024-04-19 08:59:52 am
Microsoft invests $1.5 billion in UAE-based AI company G42 Microsoft on Tuesday announced a $1.5 billion investment in the UAE-based artificial intelligence (AI) technology company, G42. Both companies will also support the establishment of a $1 billion fund for developers. The investment will strengthen collaboration on bringing the latest Microsoft AI technologies and skilling initiatives to the UAE and other countries around the world. As part of this partnership, Brad Smith, Vice Chair and President of Microsoft, will join the G42 Board ...
Microsoft invests $1.5 billion in UAE-based AI company G42
Microsoft invests $1.5 billion in UAE-based AI company G42
Source: IANS
2024-04-16 04:09:42 pm
Global gaming console market grew 10 per cent last year The global gaming console market grew 10 per cent (year-over-year) last year, primarily due to improvements in the supply chain constraints faced in 2022, rising consumer demand, and new releases, a new report said on Wednesday. According to Counterpoint Research, a pick-up in growth was observed after the launch of new-generation consoles. Sony surpassed Nintendo to become the top player in 2023, owing to the PS5’s popularity. "The latest generation of consoles, launched ...
Global gaming console market grew 10 per cent last year
Global gaming console market grew 10 per cent last year
Source: IANS
2024-04-11 09:18:57 am
HP launches laptops with industry-leading AI tools for creators in India PC and printer major HP on Wednesday launched Envy x360 14 laptops with advanced artificial intelligence (AI) features for the creators' community in India. The new laptops come with a Microsoft CoPilot button on the keyboard to enable generative AI features such as assisted search, content generation and more. The HP Envy x360 14 laptop is available at a starting price of Rs 99,999 in two colours – meteor silver and atmospheric blue. Weighing 1.4 kgs, the device comes with...
HP launches laptops with industry-leading AI tools for creators in India
HP launches laptops with industry-leading AI tools for creators in India
Source: IANS
2024-04-03 10:39:56 am
Startup founders hail PM Narendra Modi for extending digital benefits to remotest of villages Homegrown AI and tech startup founders on Saturday hailed Prime Minister Narendra Modi's efforts to democratise the technology and extend digital public infrastructure (DPI) benefits to the remotest of the villages. Sanket Shah, CEO of AI-based video creation platform Invideo, told IANS that under PM Modi, the nation has taken a huge step to transform the digital infrastructure. "Today, India is the largest adopter of technology and that is due to homegrown innovations like uni...
Startup founders hail PM Narendra Modi for extending digital benefits to remotest of villages
Startup founders hail PM Narendra Modi for extending digital benefits to remotest of villages
Source: IANS
2024-03-30 06:17:02 pm
`Made in India` tech like DPI can be transformative for the world: Bill Gates  Microsoft Co-founder and billionaire philanthropist Bill Gates on Saturday said that technologies like digital public infrastructure (DPI) that are created in India can be transformative for the world. A day after having a candid conversation with Prime Minister Narendra Modi on an array of topics ranging from AI to healthcare and climate change, Gates said the technology is bridging the digital divide for millions of people in the country. "During my visit to India, I saw ho...
`Made in India` tech like DPI can be transformative for the world: Bill Gates
`Made in India` tech like DPI can be transformative for the world: Bill Gates
Source: IANS
2024-03-30 05:09:07 pm
`Really well-spoken, PM Narendra Modi`, top tech leaders hail candid chat with Bill Gates Leading IT and tech leaders on Friday hailed Prime Minister Narendra Modi for his candid chat with Microsoft Co-founder Bill Gates on various topics, ranging from climate change to food to India’s advancements in digital technology. Ronnie Screwvala, serial investor and Co-founder/Chairperson of edtech platform upGrad, posted on X: “Really well-spoken @narendramodi. Most of us debate so much about ‘work-life balance’ but the real answer lies here -- if we love what ...
`Really well-spoken, PM Narendra Modi`, top tech leaders hail candid chat with Bill Gates
`Really well-spoken, PM Narendra Modi`, top tech leaders hail candid chat with Bill Gates
Source: IANS
2024-03-30 10:34:44 am
Can LinkedIn be a gaming platform? Company thinks so As mainstream internet and streaming platforms like Netflix embrace gaming, Microsoft-owned professional networking company LinkedIn is also reportedly planning to foray into the booming market. LinkedIn, which now has more 1 billion users, is working on new games experience, reports TechCrunch. Three early efforts are games called “Queens”, “Inference” and “Crossclimb.” A company spokesperson confirmed they are working on gaming, but there is no o...
Can LinkedIn be a gaming platform? Company thinks so
Can LinkedIn be a gaming platform? Company thinks so
Source: IANS
2024-03-17 10:05:08 am
Worsening water shortage in India`s Bengaluru hurts businesses Bengaluru's acute water shortage is slowing production at its garment factories, doubling restaurant water bills and forcing managers at some global firms in "India's Silicon Valley" to accommodate unusual employee demands. The southern Indian city is home to about 14 million people, thousands of startups and international firms from Walmart to Alphabet's Google. "My team is skipping meetings to chase water tankers," a senior employee at Dell said on cond...
Worsening water shortage in India`s Bengaluru hurts businesses
Worsening water shortage in India`s Bengaluru hurts businesses
Source: Reuters
2024-03-08 10:57:11 am