The vast cosmos has always been a source of intrigue, with the quest for life beyond Earth spanning decades. The recent revelation of potential biosignatures on the exoplanet K2-18b has sent ripples through the astronomical community. This has prompted a retrospective look at the past decade of discoveries that have revolutionized our understanding of planetary […]
The U.S. Copyright Office has released Part 2 of its Report on Copyright and Artificial Intelligence, addressing the copyrightability of AI-generated works and reaffirming that human authorship remains essential for copyright protection in the United States. The report, a continuation of the Office’s AI initiative launched in early 2023, clarifies the level of human involvement […]
OpenAI’s ChatGPT has seen a sharp rise in its paid subscriber base, climbing to over 20 million from 15.5 million in the past quarter, according to a report by The Information. The 30% increase in users has propelled an estimated monthly revenue boost from $333 million to $415 million. The surge comes on the heels […]
Global technology firm HCLTech on Monday announced a 10.5% year-on-year (YoY) rise in net profit, reaching Rs 4,235 crore for the July-September quarter of FY25. However, on a quarter-on-quarter (QoQ) basis, the net profit dipped slightly by 0.5%. The company’s revenue from operations surged to Rs 28,862 crore, marking an 8.2% increase compared to the […]
Bain Capital has outbid rival KKR with a $4 billion offer to acquire Fuji Soft, a prominent Japanese software developer, setting the stage for a rare high-stakes showdown between two private equity giants. Bain’s bid, which values Fuji Soft at 9,450 yen per share, surpasses KKR’s offer by approximately 7%, igniting a fierce contest for […]
In a strategic move that underscores the intensifying competition in the artificial intelligence (AI) chip sector, Advanced Micro Devices (AMD) is set to unveil a new lineup of AI processors during an upcoming data center event in San Francisco. This announcement aims to strengthen AMD’s position as a formidable supplier of AI chips in a […]
Tata Consultancy Services (TCS), a global leader in IT services and consulting, posted a net profit of ₹11,909 crore for the second quarter of the fiscal year, reflecting a 5% year-on-year increase. Despite a modest quarter-on-quarter decline of 1.1%, TCS’s results demonstrate the company’s resilience in navigating ongoing market challenges, particularly in the face of […]
Bengaluru, often celebrated as India’s technology capital, is once again proving why it leads the charge in innovation. In a recent social media post, Ananya Narang, CEO of Entourage and a prominent business influencer, shared her firsthand experience of staying at a hotel managed almost entirely by virtual staff. During her stay, Narang was surprised […]
BENGALURU, Oct 5, 2024: In a relatively quiet week for Indian startups, 21 companies raised nearly $93 million across 16 deals, signaling a significant drop compared to the $461 million raised by 29 startups just a week prior. This week’s tally included four growth-stage deals and 12 early-stage fundings. Agriculture supply chain startup Waycool secured […]
India’s space sector is set to receive a significant boost with the government earmarking Rs 1,000 crore for a venture fund dedicated to space startups. This decision, announced by Science and Technology Minister Jitendra Singh, is a clear indication of the high priority the government gives to the space sector. The announcement was made within […]
Meta has taken a major leap in artificial intelligence by announcing its latest AI model, Movie Gen. This cutting-edge tool is designed to generate realistic video and audio clips based on user prompts, putting it in direct competition with leading media generation platforms like OpenAI and ElevenLabs. Movie Gen’s features go beyond just video creation. […]
Tech billionaire Elon Musk has become the first person to reach 200 million followers on X, the social media platform he acquired in October 2022 for $44 billion. Musk, the owner of X, now leads in followers ahead of former US President Barack Obama, who has 131.9 million, and football superstar Cristiano Ronaldo, with 113.2 […]
Cerebras Systems, a rising player in the AI hardware space, is looking to challenge Nvidia’s dominance as it gears up for a major IPO. Nvidia, whose chips are crucial for training AI models like OpenAI’s ChatGPT, has seen its market value soar nearly 600% since ChatGPT’s rise. However, Cerebras, backed by investors like Altimeter and […]
OpenAI has shattered records by securing a monumental $6.6 billion in funding, a move that could elevate its valuation to an eye-popping $157 billion. This latest round, fueled by a diverse group of investors, positions the AI powerhouse at the forefront of global tech innovation despite undergoing significant internal shifts. Investor Confidence Amidst Executive Changes […]
Meta, the parent company of Facebook and Instagram, has removed around 8,000 “celeb bait” scam ads as part of a new collaboration with Australian banks. These scams often use images of famous personalities, many of which are created by artificial intelligence, to deceive people into investing in fake schemes. Meta acted after receiving 102 reports […]
While the US House of Representatives recently passed legislation that could pave the way for a ban on TikTok, utilized by over 170 million Americans, it was India that initially took action to block the Chinese short-video platform, which boasts a global user base. On June 29, 2020, India enforced a ban on TikTok, a […]
In a decisive move, the Indian government has announced the prohibition of 18 over-the-top (OTT) platforms due to their dissemination of obscene, vulgar, and in some cases, pornographic content. This action follows repeated warnings issued by the Ministry of Information and Broadcasting, as disclosed by Union Minister Anurag Thakur. Among the targeted platforms, one app […]
The Prime Minister, Shri Narendra Modi has greeted Amitabh Bachchan on his 80th birthday. Shri Modi has said that Amitabh Bachchan is one of India’s most remarkable film personalities who has enthralled and entertained audiences across generations. In a tweet, the Prime Minister said; “A very happy 80th birthday to Amitabh Bachchan Ji. He is […]
A team at the Lab has invented new technologies that could be used by future missions to analyze liquid samples from watery worlds and look for signs of alien life. Are we alone in the universe? An answer to that age-old question has seemed tantalizingly within reach since the discovery of ice-encrusted moons in our […]
JPL’s Venus Aerial Robotic Balloon Prototype Aces Test Flights A scaled-down version of the aerobot that could one day take to the Venusian skies successfully completed two Nevada test flights, marking a milestone for the project. The intense pressure, heat, and corrosive gases of Venus’ surface are enough to disable even the most robust spacecraft […]