Boom in AI prompts a test of copyright law

Authors and a leading photo agency have brought suit over the past year, contending that their intellectual property was illegally used to train AI systems, which can produce humanlike prose and power applications like chatbots.

from Tech-Economic Times https://ift.tt/tEJaXoi

23 going on 24: Making sense of a chaotic yet colourful year for India's tech sector

From 15.4 billion downloaded games to 138.08 crore people covered by Aadhar, India's tech sector had an eventful 2023. ET takes a look at the top 23 moments from 2023.

from Tech-Economic Times https://ift.tt/k6UJdSc

OpenAI annualised revenue tops $1.6 billion: report

News agency Bloomberg reported last week that ​​OpenAI is in early talks to raise a fresh round of funding at a valuation at or above $100 billion.

from Tech-Economic Times https://ift.tt/lJUCQxy

Sam Bankman-Fried will not face a second trial: US prosecutors

In a letter filed on Friday night in federal court in Manhattan, prosecutors said the "strong public interest" in a prompt resolution of their case against the 31-year-old former billionaire outweighed the benefits of a second trial.

from Tech-Economic Times https://ift.tt/LAgn2EU

US wants to contain China's chip industry. This startup shows it won't be easy

The production of advanced chips is one of the most contentious technological struggles now dividing the United States and China as they vie for economic and military supremacy. Washington is trying to curb China's access to sensitive microchip design tools.

from Tech-Economic Times https://ift.tt/ETQ0KF4

IT executive exodus: a primer on breach of contract, lawsuits

IT major Wipro has filed at least two legal complaints against its former senior executives including former senior vice president Mohd Haque and ex CFO Jatin Dalal for breach of his employment contract with Wipro. What does this mean?

from Tech-Economic Times https://ift.tt/u3RtdVS

Chinese company BabyBus is taking kids for a ride

BabyBus is still very active in India despite TikTok and other Chinese apps being banned. Experts have raised questions over the handling of Indians’ data by the company that provides customised free digital content primarily for children.

from Tech-Economic Times https://ift.tt/Ubv1KRt

DMI, Aditya Birla Finance in race to scoop up ZestMoney in firesale

ZestMoney, which was offering buy-now-pay-later (BNPL) loans to customers at ecommerce and offline checkout points, had around December 5 informed its employees about its plans to shut down by the end of this month. ET wrote on December 7 the company shut down mostly after its lending partners withdrew debt lines to the startup.

from Tech-Economic Times https://ift.tt/m2lnjAu

Russian tech company Arenadata plans to hold IPO in 2024

Arenadata, a Russian developer of data collection and storage platforms, intends to launch an initial public offering (IPO) on the Moscow Exchange in 2024.

from Tech-Economic Times https://ift.tt/b7kFjtJ

2023 Year in Review: How money followed deeptech companies at tech’s frontier

Deeptech is a term for businesses using advanced science and technology to find solutions for complicated problems across over a dozen sectors. The year saw a steady increase in investor interest in high-tech innovation-focused companies.

from Tech-Economic Times https://ift.tt/CD4dYcV

Flipkart marketplace arm’s revenue jumps 42% to Rs 14,845 crore in FY23, loss narrows 9%

Walmart-owned Flipkart runs its India business through various entities, and Flipkart Internet runs the marketplace where the firm earns its revenue in the form of seller commissions, advertising income, and other fees for seller services.

from Tech-Economic Times https://ift.tt/iHEZkwz

Startups write a $1.5-billion twist in winter’s tale

December brings the highest monthly fundraise of 2023, though the annual total is the lowest in 7 years.

from Tech-Economic Times https://ift.tt/qj0EXIZ

Apple files appeal after Biden administration allows US ban on watch imports

The US ITC order bars imports and sales of Apple Watches that use technology for reading blood-oxygen levels. Apple has included the pulse oximeter feature in its smart watches starting with its Series 6 model in 2020.

from Tech-Economic Times https://ift.tt/ZqAduzj

2023 Year in Review: Meet the executives who donned the founder hat

In partnership with executive search firm Longhouse Consulting, ET has put together a list of high-profile executives who launched their own ventures this year. Several of these executives are still tinkering with and developing their startups in stealth mode.

from Tech-Economic Times https://ift.tt/X5y21ZP

Artists use tech weapons against AI copycats

Artists under siege by AI that studies their work, then replicates their styles, have teamed with university researchers to stymy such copycat activity. The artist turned to free software called Glaze created by researchers at the University of Chicago.

from Tech-Economic Times https://ift.tt/oK8Jt9A

Peak XV-backed semiconductor firm Mindgrove’s quad core chip enters design phase

The second chip is a quad core with support for external memory and an integrated GPU (Graphics Processing Unit), Shashwath TR, cofounder and CEO, Mindgrove Technologies told ET.

from Tech-Economic Times https://ift.tt/tEvFMJL

FTX debtors settle claims over Embed deal with Sam Bankman-Fried, others

The settlement agreement is between Bankman-Fried, and former FTX executives Nishad Singh and Gary Wang.

from Tech-Economic Times https://ift.tt/s0yp1wb

In-depth | India’s electronic ambitions ride on young female employees

Women are increasingly becoming the talent pool of choice for electronics companies. This augurs well for companies which will have to double down on their hiring considering the electronics market in India alone is being valued at $155 billion, with domestic production accounting for 65 per cent.

from Tech-Economic Times https://ift.tt/tAYd58W

How layoffs reordered Indian startups this year, and other top tech stories this week

Startups laid off over 28,000 people just in the first three quarters of 2023. This alone was over 50% higher than 2022, when companies let go nearly 18,000 employees.

from Tech-Economic Times https://ift.tt/IvWCzF8

China announces rules to reduce spending on video games

The new rules, which will effectively set spending limits for online games, sparked panic among investors, wiping off nearly $80 billion in market value from China's two biggest gaming companies, as investors sought to gauge the potential impact on earnings and more restrictions in the offing.

from Tech-Economic Times https://ift.tt/m5jGZfM

Apple’s newest headache: an app that upended its control over messaging

Since it was introduced Dec. 5, Beeper Mini has quickly become a headache and potential antitrust problem for Apple. It has poked a hole in Apple's messaging system, while critics say it has demonstrated how Apple bullies potential competitors.

from Tech-Economic Times https://ift.tt/Mq8Qyga

Facebook's Meta fined for breaches of Italian gambling ads ban

Meta has been fined 5.85 million euros ($6.45 million) in connection with profiles and accounts on Facebook and Instagram, as well as sponsored content which promoted either betting or games with cash prizes.

from Tech-Economic Times https://ift.tt/saIuk7g

Micron revenue forecasts strong recovery, shares jump

Demand for flash storage and dynamic random access memory (DRAM) should keep improving next year, while at the same time supply will begin to approach historically normal levels, the memory chipmaker said.

from Tech-Economic Times https://ift.tt/Dk2nr4P

Microsoft ending support for Windows 10 could send 240 million PCs to landfills: report

The electronic waste from these PCs could weigh an estimated 480 million kilograms, equivalent to 320,000 cars.

from Tech-Economic Times https://ift.tt/0ewKbNk

Microsoft shelves Windows 'mixed reality' feature

The company launched the feature in a Windows 10 update in 2017, and the mixed reality portal app allowed users to access the technology on their personal computers with the use of compatible VR headsets.

from Tech-Economic Times https://ift.tt/7Nml2OC

As RBI lifts curbs, Razorpay, Cashfree eye lost market share

With both Razorpay and Cashfree back in the business, industry insiders said there could be a price war breaking out in the online merchant payment space.

from Tech-Economic Times https://ift.tt/rtCgBx7

Pulitzer-winning authors join OpenAI, Microsoft copyright lawsuit

A group of 11 nonfiction authors have joined a lawsuit in Manhattan federal court that accuses OpenAI and Microsoft of misusing books the authors have written to train the models behind OpenAI's popular chatbot ChatGPT and other artificial-intelligence based software.

from Tech-Economic Times https://ift.tt/3ej1QEn

Google Maps, ONDC, Namma Yatri tie up to provide seamless mobility experience

ONDC may include long-distance trains and flights in time to come, its managing director and chief executive officer T Koshy said.

from Tech-Economic Times https://ift.tt/aM2zNhd

Massive tailwinds propelling India, says SAP’s Punit Renjen

India is incredibly important for German multinational software company SAP SE, said senior company officials here on Tuesday.

from Tech-Economic Times https://ift.tt/Zkh9brN

EV startup founders made big claims, now one could go to prison

A federal judge in Manhattan will sentence Trevor Milton, founder and former CEO of the truck company Nikola, after a jury found him guilty last year of one count of securities fraud and two counts of wire fraud. Milton was accused of pumping up the value of Nikola stock by making extravagant claims about the company.

from Tech-Economic Times https://ift.tt/HP7bTcA

OpenAI says board can overrule CEO on safety of new AI releases

​​The release of the guidelines follows a period of turmoil at OpenAI after Chief Executive Officer Sam Altman was briefly ousted by the board, putting a spotlight on the balance of power between directors and the company’s c-suite.

from Tech-Economic Times https://ift.tt/SdUYr5Q

Govt reconstitutes National Startup Advisory Council

The DPIIT had constituted the council in January 2020 to advise the government on measures needed to build a strong ecosystem for nurturing innovation and startups in the country.

from Tech-Economic Times https://ift.tt/fAYr7up

Unicorn Slice eyes $100 million to fuel its banking dreams

The Bengaluru-based fintech firm is scouting for fresh equity and is trying to get a good deal from investors. The talks are still at an early stage and, given the overall funding winter, might take a few months to close, sources told ET.

from Tech-Economic Times https://ift.tt/VtrXBE4

Activision Blizzard to pay $54 million to settle California state workplace discrimination claims

Activision Blizzard has agreed to pay about $54 million to settle discrimination claims brought by California's civil rights agency on behalf of women employed by the video game maker.

from Tech-Economic Times https://ift.tt/sarRgQp

AI’s Magic Call: how AI will make smartphones smarter

Artificial intelligence will unlock limitless possibilities in smartphones once they fully adopt the technology and make it a part of their offerings. Here's how AI will make smartphones smarter and unleash the next phase of growth for the industry

from Tech-Economic Times https://ift.tt/f8ugADF

Seeing eye to AI: risk and impact of artificial intelligence use in businesses

Along with independent research and analysis firm Foundry, looked at actions, experiences, and projections of more than 1,000 decision-makers, C-level executives, business leaders, automation leaders and practitioners across industries and regions over two months. The report underscored three topics – AI, productivity improvements and scalability.

from Tech-Economic Times https://ift.tt/cFb52pf

Infosys inaugurates Rs 230 crore development centre in Nagpur

"Infosys inaugurates a new development centre in Nagpur. With over Rs 230 crore investment, the 2,65,000 sq ft unique state-of-the-art building is an integration of art and science," according to a release.

from Tech-Economic Times https://ift.tt/S49pAhZ

Going vocal with local on LLMs; and other top tech, startup stories this week

While tech biggies including Microsoft, Google, and Meta are leading the charge on AI, more localised contingents are emerging across geographies, including in India and the European Union.

from Tech-Economic Times https://ift.tt/BEMFNGt

Government may go high-tech to reduce wastage of fresh fruits, veggies

Plans to use a technology tool developed by ecommerce major Amazon called Johari to reduce wastage of fresh fruits and vegetables at its warehouses and retail outlets.

from Tech-Economic Times https://ift.tt/U8rXPYy

EU seeks satellite array offers in space race with AI

The European Space Agency said on Friday it would seek final offers to develop the secure communications system, a flagship project spurred in part by the role of Elon Musk's Starlink as a backbone for Ukraine in the war with Russia.

from Tech-Economic Times https://ift.tt/X1Zem3D

Mensa Brands sees loss widen to Rs 213 crore, revenue jumps 2.5 times

Roll-up ecommerce startup Mensa Brands saw its total loss for FY23 widen over twofold from a year ago to reach Rs 213.9 crore, while total income grew 150% to Rs 505.1 crore, data from market intelligence firm PrivateCircle showed.

from Tech-Economic Times https://ift.tt/six4Y0V

BharOS looks to provide its technology for routers

BharOS, an indigenously developed mobile operating system, is considering providing its technology for routers, said Karthik Ayyar, the founder of JandK Operations, an IIT Madras incubated non-profit organisation that has built BharOS.

from Tech-Economic Times https://ift.tt/aOt0sVe

Hero MotoCorp increases stake in Ather, buys additional shares worth Rs 140 crore

In September, the electric scooter maker had raised Rs 900 crore in fresh funding from Hero MotoCorp and GIC. Prior to that, Hero had partially led a $128-million fundraise into Ather in January 2022.

from Tech-Economic Times https://ift.tt/ZwlzT2C

Investments in private markets, firms fetch better returns than public markets: report

The report highlights that the aggregate benchmark of alternate investment funds (AIF) investing in private markets delivered an alpha of 13.5% over the public market equivalent, S&P BSE Sensex.

from Tech-Economic Times https://ift.tt/2O4sUrq

Delhi HC relief for Godaddy in royalty case

Accepting the stand of Godaddy.com, a Division Bench comprising Justices Rajiv Shakdher and Girish Kathpalia said that the assessee was only “acting as a registrar and thus offering its services to its customers for having their domain names registered".

from Tech-Economic Times https://ift.tt/eoHFnuf

GPAI Summit 2023: 29 nations adopt New Delhi resolution

All GPAI members, he said, had also agreed that the group would lead global conversations on shaping the future of AI governance as well as keeping it safe and trusted.

from Tech-Economic Times https://ift.tt/7EjHDWv

India strategically important for us, says NTT Global CEO Abhijit Dubey

Japan’s Nippon Telegraph and Telephone (NTT) Group views India as a strategically important market that houses its second largest employee population outside of Japan and has the potential to be among the company’s top revenue generators, its global CEO Abhijit Dubey told ET in an exclusive interview.

from Tech-Economic Times https://ift.tt/vtUxB1r

GPAI Summit 2023 | India will launch AI mission to boost agri, healthcare: PM

“The aim of this mission will be to establish sufficient AI compute power in the country. This will help India’s innovators and startups get better facilities. Under this mission, AI applications in agriculture, healthcare and education-related sectors will be promoted,” Modi said at the inaugural session of the Global Partnership on Artificial Intelligence (GPAI) Summit 2023.

from Tech-Economic Times https://ift.tt/AWrJU8B

Zomato sees an opportunity in catering business

The company is also looking to add more offerings to its loyalty programme, Gold, despite concerns about the potential impact on profitability, Rakesh Ranjan, chief executive for food delivery, said in an interview.

from Tech-Economic Times https://ift.tt/IJKHaVz

US judge to hear Meta privacy dispute with FTC next month

The agency proposed tightening a 2019 consent agreement, that had forced Facebook, which became Meta in 2021, to pay a $5 billion penalty.

from Tech-Economic Times https://ift.tt/p2AvJld

Threads countdown teases app's potential EU launch

Meta-owned Instagram launched Threads in the United States and elsewhere in July but EU users cannot access the platform because the company was wary of Brussels' regulatory oversight before any roll-out.

from Tech-Economic Times https://ift.tt/HpC7M4O

Amazon, Microsoft lead efforts to tackle inherent biases in GenAI

Generative artificial intelligence (AI) chatbots are not free of inherent biases, and several ongoing projects from the likes of Amazon and Microsoft are working towards reducing these biases linked to large language models (LLMs).

from Tech-Economic Times https://ift.tt/btF2DMU

Meta, Google may lock horns over age-gating, consent norms

Social media and internet giants Google and Meta are headed for a clash in India over the critical issue of age verification and consent management for young internet users below 18.

from Tech-Economic Times https://ift.tt/NTjUZm3

Dunzo survival hinges on Reliance Retail commitment to funds

An impasse after several rounds of discussions has left Dunzo’s other investors increasingly sceptical of its chances of survival in the absence of fresh funding soon, said multiple people briefed on the situation.

from Tech-Economic Times https://ift.tt/xulfcoG

Amazon competitor Zulily curtails operations, lays off hundreds

Zulily will lay off 292 workers in Seattle and elsewhere in Washington, effective from February 7, according to a notification from the state Employment Security Department, reports Seattle Times.

from Tech-Economic Times https://ift.tt/ktosIPq

Finally, it's done: Europe agrees landmark AI regulation deal

With the political agreement, the EU moves toward becoming the first major world power to enact laws governing AI. Friday's deal between EU countries and European Parliament members came after nearly 15 hours of negotiations that followed an almost 24-hour debate the previous day.

from Tech-Economic Times https://ift.tt/Lgm3HzP

IT companies take pole position on CEO pay front in India

C Vijayakumar, managing director and CEO of HCL Technologies, India’s third-largest IT services company by market cap, was the eleventh-highest paid, taking home $3.46 million, or about Rs 28 crore, (he is based out of the US) in FY23.

from Tech-Economic Times https://ift.tt/JtVauIj

Playing on Numbers: Making sense of India’s gaming boom

​​Over the past three years, the online gaming industry has grown at a CAGR of 28 per cent, reaching Rs 16,428 crore in FY23 and is likely to reach Rs 33,243 crore by FY28.

from Tech-Economic Times https://ift.tt/kBUFzhA

Green Shoots: Sustainability now part of corporate agenda for Indian tech companies

For tech companies in India, sustainability is now part of corporate agenda. So accordingly, apart from their products, the likes of Intel and SAP Labs have also invested in green campuses

from Tech-Economic Times https://ift.tt/xnS47yK

News publishers are fighting Big Tech over peanuts. They could be owed billions.

The settlement is far less than Canada wanted -- it had sought $126 million -- and a small fraction of the estimated $550 million that news publishers deserve from Google.

from Tech-Economic Times https://ift.tt/Dbfh73r

Aditya-L1's SUIT captures first full-disk images of the Sun in near ultraviolet wavelengths: Isro

The SUIT payload was powered on, on November 20. Following a successful pre-commissioning phase, the telescope captured its first light science images on December 6.

from Tech-Economic Times https://ift.tt/cnpmZ2I

Memory, storage products made at Micron ATMP in Sanand will be largely exported: Micron MD Anand Ramamoorthy

On Monday, agreements for ensuring project milestones are met on time, and for disbursement of incentives, were signed among Micron, India Semiconductor Mission (ISM) and Government of Gujarat.

from Tech-Economic Times https://ift.tt/ZLNU3XV

Binance withdraws Abu Dhabi licence bid as crypto giant weighs structure

The Binance unit, called BV Investment Management, pulled the application with Abu Dhabi's financial regulator, a spokesperson for Binance said on Thursday.

from Tech-Economic Times https://ift.tt/vcXVlR1

WhatsApp introduces "view once" feature for voice notes

The feature allows users to designate voice notes as "View Once." This enhances privacy by preventing the recipient from exporting, forwarding, saving, or recording the voice note. The "View Once" audio will disappear once the recipient listens to it.

from Tech-Economic Times https://ift.tt/OhgtyFw

Disney begins integrating Hulu into Disney+ streaming service

The combined offering, known as "Hulu on Disney+", will be available in an early "beta" version to domestic subscribers to the Disney Bundle of streaming services. The formal launch of the integrated service is scheduled for March.

from Tech-Economic Times https://ift.tt/kLfduob

Elon Musk says his AI firm xAI is not raising funds 'right now'

The company has raised $134.7 million in equity financing from a total offering amount of $1 billion, the filing with the Securities and Exchange Commission showed on Tuesday.

from Tech-Economic Times https://ift.tt/hmVr9YO

NCLT tells Ashneer Grover to establish maintainability of plea against BharatPe

On Wednesday, the tribunal heard arguments on the quantum of stake Ashneer Grover, who is also the founder of BharatPe, holds in the company.

from Tech-Economic Times https://ift.tt/0JYPC5D

Amazon targets Shein with big fee cuts for cheap apparel sellers

On Tuesday, Amazon announced it would reduce seller fees on clothing products priced below $15 to 5% beginning in January. The rates on clothing priced from $15 to $20 will drop to 10%. The commissions on both categories had previously been 17%.

from Tech-Economic Times https://ift.tt/0tmG3co

Perfios eyes US, Europe expansion in 9-12 months: CEO Sabyasachi Goswami

The software-as-a-service startup has been chalking out plans to enter the US and European markets next year. According to Goswami, almost 10% of the firm’s revenue can come from these adjacent industries in the next two to three years.

from Tech-Economic Times https://ift.tt/IrN5lJX

Failure to curb deepfakes may lead to action under IPC too: Official

On Tuesday, senior government officials from the ministry of electronics and information technology met executives from social media and other internet-based intermediaries. The meeting was chaired by the minister of state for electronics and information technology Rajeev Chandrasekhar.

from Tech-Economic Times https://ift.tt/R9afBIo

Internet of the future to be led by like-minded countries: MoS IT Rajeev Chandrasekhar

Speaking at the India Internet Governance Forum, Chandrasekhar said that “multistakeholderism” and consultative policymaking was the approach of the government when it came to tech policymaking.

from Tech-Economic Times https://ift.tt/NqwMG5m

Byju’s may have to dip into Epic sale funds to keep lights on

Troubled edtech reduces notice period to 15-30 days across staff level to cut costs

from Tech-Economic Times https://ift.tt/qQ0XoZa

Uber set to join the S&P 500 index in latest sign of turnaround for the ride-hailing service

The San Francisco company will be added to the benchmark index prior to the opening of regular trading on Dec. 18, S&P Dow Jones Indices said late Friday.

from Tech-Economic Times https://ift.tt/ynzloXu

Focus on low-cost AI models, says Nandan Nilekani

Speaking at the Carnegie Tech Summit 2023, Nilekani said that all AI should be use-case-led which can be amplified to make the lives of common people better.

from Tech-Economic Times https://ift.tt/7pDmKlv

Zerodha cites IP database update for login glitch on Kite

Users of Kite took to social media platform X (formerly Twitter) on Monday morning to vent out their frustration after being unable to login into the app.

from Tech-Economic Times https://ift.tt/otjXFk2

Social media companies should opt for app-store level check for age-gating: Meta's Joel Kaplan

The verification and subsequent consent management of the age of users below the age of 18 has been mandated by the Digital Personal Data Protection (DPDP) Act, which was passed in August this year.

from Tech-Economic Times https://ift.tt/cDJL8NG

From retail to beekeeping, Beckn finds takers in distant shores

Like India’s Open Network for Digital Commerce, or ONDC, Gambia’s new network Open Gambia is underpinned by the Beckn Protocol – an open specification that creates a common language for interoperability among different digital platforms to facilitate peer-to-peer economic transactions – that is attracting increasing interest from around the world.

from Tech-Economic Times https://ift.tt/jLQtc3y

RBI ban makes online payment aggregators seek alternative business lines

Razorpay, Cashfree, Paytm and PayU cannot add merchants for their online payments business, this has allowed their rivals to grab market share

from Tech-Economic Times https://ift.tt/sDKtcOj

EU founders and VCs turn to safer shores like AI on slump

European startups are making strides towards developing AI platforms that aim to compete with US-based companies, such as Open AI, in addition to building in areas such as quantum computing, chip design and semiconductors.

from Tech-Economic Times https://ift.tt/DsxBbHz

As Zo House turns one, a look at the co-living space where Web3 creators huddle, work and play

Zo House BLR at Anaa Infra’s Signature Towers is a home away from home for an elite group of 405 members who hold nonfungible tokens (NFTs), including actor Lisa Ray, former Unacademy chief of design Abhinav Chhikara, and Polygon cofounder Sandeep Nailwal, among others.

from Tech-Economic Times https://ift.tt/n87Agvt

OpenAI's Sam Altman, sugarcoating the apocalypse

The government has nibbled the edges of regulation, but the quicksilver AI has already leaped ahead of the snaillike lawmakers and bureaucrats. Nobody, even in Silicon Valley, has any clue how to control it.

from Tech-Economic Times https://ift.tt/wuCWKP4

Amazon top seller Appario’s revenue dips 8% in FY23

Appario Retail reported a marginal rise in profit for FY23 at Rs 84 crore against Rs 82 crore in FY22, according to its regulatory filings with the registrar of companies sourced from business intelligence platform Tofler.

from Tech-Economic Times https://ift.tt/RJao6yd

Inside a Mumbai house where a league of gaming legends resides

Esports organisations such as S8UL, Revenant Esports, GodLike Esports, Orangutan Gaming and Global Esports have leased out swanky bungalows to build gaming houses or boot camps to house the top esports athletes of their teams.

from Tech-Economic Times https://ift.tt/DVMHU71

EU wants to know how Meta tackles child sex abuse

The request for information focuses on Meta's risk assessment and mitigation measures "linked to the protection of minors, including regarding the circulation of self-generated child sexual abuse material (SG-CSAM) on Instagram", the European Commission said.

from Tech-Economic Times https://ift.tt/FvIx0nX

AI needs legislative guardrails of safety, trust: Rajeev Chandrasekhar

“While AI is the buzzword and ChatGPT is fancy, we need legislative guardrails of safety and trust, which can ensure that AI can never be misused and or used by bad actors to cause harm,” he said.

from Tech-Economic Times https://ift.tt/Q2PqItJ

Dixon's Rs 256 crore Noida facility to manufacture Xiaomi smartphones

The factory was inaugurated by IT Minister Ashwini Vaishnaw which is likely to generate around 5,000 new jobs. The manufacturing facility has an annual production capacity of 25 million units.

from Tech-Economic Times https://ift.tt/2CIrbDg