Saturday, July 27, 2024

A third of Mphasis' deal pipeline is AI-led: CEO

Mphasis, a mid-tier IT firm, clocked a 2.1% growth in Q1 net profit at Rs 404 crore. The company is seeing a major chunk of its deals being led by AI, CEO Nitin Rakesh told ET.

from Tech-Economic Times https://ift.tt/nDRO1Aq
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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...