AI
‘Economy and effects of Covid may delay India’s developer growth pace’: GitHub CEO
GitHub CEO Thomas Dohmke has deferred the forecast of India surpassing the US as the world’s largest software developer base to 2028, citing factors like economic conditions, US AI growth, and India’s education pipeline. India, with 17 million developers on GitHub, remains on track, growing 28% this year. GitHub plans to expand its AI-enabled CoEs in India, boosting engineering efficiency with tools like Copilot. Dohmke stressed upskilling amidst AI adoption, affirming AI’s transformative role in software development.
Bits and Bytes: Sam Altman is latest tech executive to join local government
Sam Altman joins San Francisco’s mayor-elect Daniel Lurie’s team to address the city’s public safety crisis. Meanwhile, Meta faces German lawsuits over a massive 2021 data leak, Australia targets under-16 social media bans with hefty fines, and Google’s Chrome browser may be sold for $20 billion amid US antitrust measures, potentially reshaping search and AI industries.
93% of Indian executives anticipate cyberbudget increase in 2025: report
93% of Indian executives plan to increase their cybersecurity budgets in 2025, with 17% expecting increments of 15% or more, a 1% rise from last year. This underscores the critical importance of cybersecurity, which 61 % of executives identified as their top risk mitigation priority, surpassing digital risks (60%), inflation (48%), and environmental risks (30%).
Nvidia CEO says will balance compliance and tech advances under Trump
The US chipmaking giant this week reported record high quarterly revenue on the back of strong AI chip demand, though investors are wary of US-China tensions reheating during a new Trump term. "Whatever happens, we'll balance simultaneously compliance with laws and policies, continue to advance our technology, and support and serve customers all over the world," Huang told reporters on Saturday.
Gujarat ministers, officials attend session on use of AI, deep tech in governance
Jigar Halani, director of solution architect & engineering at Nvidia discussed about the ways in which new-age technology such as AI, deep tech and data analytics can help the government implement public welfare campaigns and improve the delivery of services to the people.
Every AMD product goes via India team, local tech ecosystem among fastest-growing: Lisa Su
When asked about supercomputers being built here in India, Su said, We are planning to (formally) announce the two supercomputers, very shortly. They are (being built) in partnership with the government around weather forecasting. This is an example of the types of the right investments happening in India.
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Nvidia tops Q3 on strong AI demand, but slowing growth hits stock
Nvidia posted earnings per share (EPS) of $0.81 on revenue of $35.1 billion, far exceeding analysts prediction of $0.74 EPS on $33.2 billion in revenue. While the quarter’s earnings surged 94% YoY, this was lower than the red-hot 260% clocked a few quarters ago. Hence, the stock fell.
Uber said to be in talks to invest in US IPO of China’s Pony AI
Uber has tied up with several other automated driving tech firms recently, including robotaxi operator Waymo and an undisclosed investment in Wayve Technologies Ltd. It also has a robotaxi service agreement in Abu Dhabi with China’s WeRide Inc., which raised funds in an IPO in the US last month.
WhatsApp becomes more business friendly, offers service messages for free
Until now, service messages - such as customer queries on order status, flight ticket rescheduling, etc. - on WhatsApp were charged Rs 0.25 in India. SMS costs Rs 0.12-0.15, while Google's RCS (rich communication services) is priced Rs 0.20-0.25. The latest move is the second rate cut announced by WhatsApp in six months.
Nvidia's AI chip demand still booming but slowing sales growth worries investors
The stock has nearly quadrupled so far this year and is up more than ninefold over the last two years, giving it a market value of $3.6 trillion. Nvidia is in the middle of launching its powerful Blackwell family of AI chips, which will weigh on the company's gross margins initially but improve over time.
Healthcare startups showcase innovation, collaboration at Bengaluru Tech Summit 2024
The panel included several young entrepreneurs in the healthcare industry, sharing their perspectives on a range of topics. They discussed about topics like the role of technology in various aspects of healthcare and integration of telepathology and AI.
Google Maps launches Air View+ in India; real time hyperlocal air quality info
This move is on account of the air pollution faced all around the world especially in Delhi where the air quality index reached a score of 491 which created a toxic environment halting the normal activities in the capital. This feature is expected encourage both the government and people to take action.
Microsoft pitches AI 'agents' that can perform tasks on their own at Ignite 2024
AI developers are increasingly pitching the next wave of generative AI chatbots as AI "agents" that can do more useful things on people's behalf. But the cost of building and running AI tools is so high that more investors are questioning whether the technology's promise is overblown.
UK clears Google parent and Anthropic partnership
Britain's competition regulator on Tuesday cleared Google-parent Alphabet's investment in Anthropic, an American developer of artificial intelligence, following a probe. It also cleared the way for a tie-up between US giant Microsoft and French artificial intelligence firm Mistral AI, concluding it did not amount to a merger. ajb/bcp/db
India must elevate R&D focus; build products, jobs for higher GDP: Nasscom president
Rajesh Nambiar, the president of Nasscom also said that institutes must also encourage the development of professional skills, capabilities around critical thinking, problem solving, learning and self development using artificial intelligence (AI) although next generation technology skills are in demand.
Nvidia's options primed for $300 billion price swing after earnings
According to data from options analytics service ORATS, Nvidia options predicted an 8.5% swing in either direction for the shares which will be announced once the markets are closed. This is in keeping with the trend observed in percentage moves over the last 12 quarters.
Elon Musk asked people to upload their health data, X users obliged
The decision to share information as sensitive as your colonoscopy results with an AI chatbot has alarmed some medical privacy experts.
US to call for Google to sell Chrome browser: report
The US will urge a judge to make Google-parent company Alphabet sell its widely used Chrome browser in a major antitrust crackdown on the internet giant, according to a media report Monday. Antitrust officials with the US Department of Justice declined to comment on a Bloomberg report that they will ask for a sell-off of Chrome and a shake-up of other aspects of Google's business in court Wednesday.
India's GCC ecosystem set to hit $100 billion by 2030: report
As per the report, 70% of mid-sized corporations view their Indian GCCs as crucial to advancing their strategic innovation agendas. Nealy 90% of domestic GCCs now operate as multi-functional entities, handling technology, operations and product engineering.
AI domain trade rakes in big bucks
Registrars such as GoDaddy allow investors to buy, sell or auction domains that have a high probability of being acquired for a substantial value.“Starting in late 2022, GoDaddy saw a notable increase in the number of .ai domain name registrations as a company--a trend that spiked in May 2023 and continues to drive strong interest,” the company told ET.
COP29: UAE announces developing world's first ChatGPT tool for agricultural community
The announcement came today at the UAE Pavilion at COP29 which hosted an exciting array of events focused on the transformative role of technology, collaboration, and data in accelerating decarbonisation and driving the energy transition around the world, particularly through agricultural innovation and hydrogen development
ASML CEO says AI boom benefits the company
At the company's investor day in Veldhoven, Netherlands, Fouquet said the company expected the chip market to grow 9% annually through 2025, passing the $1 trillion mark around 2030.
Unesco, MeitY partner to assess gaps in ethical AI use in India
Abhishek Singh, an additional secretary at MeitY, said the IndiaAI Mission will focus on catalysing the safe and trusted development, deployment and adoption of AI for social good.
OpenAI cofounder Greg Brockman returns to ChatGPT maker
His return to OpenAI comes after a series of departures at the Microsoft-backed company, including its former Chief Technology Officer Mira Murati, cofounder John Schulman and cofounder Ilya Sutskever.
Tech sector gathers in Lisbon in shadow of Trump victory
Leading lights of the tech industry met in Lisbon on Tuesday for the Web Summit, the sector's first big event since the US election, with Donald Trump's victory expected to be a key theme of their discussions. The tech industry is holding its breath to see what Trump's second term will bring when he takes over in January, especially as SpaceX and Tesla chief Elon Musk is expected to have a huge influence on the next US government.
SoftBank to get first new Nvidia chips for Japan supercomputer
The announcement indicates that SoftBank has secured a favorable spot in line for Nvidia chips. Nvidia CEO Jensen Huang announced the new Blackwell lineup earlier this year, but production snags slowed the rollout.
Elon Musk’s xAI testing free version of chatbot Grok on X
Currently, Grok AI is exclusive to X Premium and Premium Plus subscribers. Under this, users can make up to 10 queries every two hours with the Grok-2 AI model, and up to 20 queries every two hours with the Grok-2 mini model.
CloudFirst Technology® Private Limited Announces the Launch of CloudFirst AI Factory!
CloudFirst Technology® has launched its AI Factory, a dedicated space for developing and expanding its artificial intelligence services. The company aims to leverage AI technology to create practical solutions that address real-world challenges and drive positive change across industries.
Amazon mulls new multi-billion dollar investment in Anthropic: report
Amazon has asked Anthropic, which uses Amazon's cloud services to train its AI model, to use a large number of servers powered by chips developed by the cloud computing major, the report said.
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