Microsoft’s Build developer conference serves as a platform for the tech giant to showcase its latest advancements in artificial intelligence. With CEO Satya Nadella projecting AI to become a fundamental component of every PC by 2024, Microsoft’s ownership of Windows provides a significant advantage due to its vast PC userbase. Through initiatives like the Copilot
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Tesla, the electric-vehicle maker, recently announced a significant restructuring that includes the elimination of approximately 600 employees across its manufacturing facilities and engineering offices in California. The job cuts, ranging from entry-level positions to director roles, have impacted various departments, including factory workers, software developers, and robotics engineers. The decision to cut jobs comes as
The Indian IPO market has been described as offering a “very favorable” environment for companies looking to go public. According to Shailendra Singh, managing director at Peak XV Partners, formerly Sequoia Capital India & Southeast Asia, the regulatory framework in India, especially with bodies like the Securities and Exchange Board of India and the Reserve
The recent announcement that OpenAI co-founder Ilya Sutskever is leaving the Microsoft-backed startup has brought attention to the leadership crisis that the company has faced in recent months. The departure of Sutskever, who had been a key figure in ensuring that artificial intelligence would not harm humans, highlights the internal struggles within the organization. The
Tesla is currently facing legal action from the nonprofit Environmental Democracy Project for allegedly failing to comply with the Clean Air Act at its assembly plant in Fremont, California. The lawsuit, filed in federal court in San Francisco, accuses Tesla of violating the law numerous times since January 2021, resulting in the emission of harmful
Sony recently reported a 7% drop in annual profits for the fiscal year 2023, with the decline primarily driven by a decrease in its financial services division. In addition, the company narrowly missed its forecast for unit sales of the PlayStation 5 gaming console for the full year. Despite this, Sony managed to exceed revenue
OpenAI recently unveiled its latest AI model, GPT-4, along with a desktop version of ChatGPT and an updated user interface. The release of GPT-4o marks a significant milestone in the company’s efforts to enhance the capabilities of its chatbot and expand its user base. With improved speed, text, video, and audio capabilities, OpenAI aims to
SoftBank, a Japanese conglomerate, recently reported a significant gain on its Vision Fund during the fiscal year ended in March. This marks a notable turnaround for the flagship tech investment arm, which had been in the red since 2021. The company attributed this success to the increase in the value of key investments, such as
In a recent legal development, a federal judge in California has dismissed a lawsuit filed by X, formerly Twitter, against Israel’s Bright Data. The case centered around the practice of data scraping, which involves automated programs collecting information from publicly accessible websites. X alleged that Bright Data was scraping data from X and selling it
Climate activists in Germany expressed their anger over Tesla’s plans to expand its Berlin-Brandenburg Gigafactory by attempting to break into the plant on Friday, as reported by local police. The protestors were described as “multiple unauthorized people” by Brandenburg police, who were actively working to prevent any unauthorized entry into the Tesla factory. The situation