Bengaluru, April 18 IT software giant Infosys on Thursday declared a 30 per cent jump in net profit to Rs 7,969 crore for the January-March quarter of 2023-24, up from Rs 6,128 crore in the same quarter of the previous year. The company reported a revenue of Rs 37,923 crore in the fourth quarter ended […]
Islamabad, April 17 Islamabad High Court (IHC) on Wednesday slammed the federal government over banning X, saying that the social media platform X is banned on mere speculation. Khurram Agha, Secretary Interior appeared before the IHC and submitted a report while responding to a petition questioning and challenging the ban on X. The report called […]
Samsung on Wednesday said that it has developed the industry’s first low-power double data rate 5X (LPDDR5X) DRAM (Dynamic Random Access Memory) chip, a memory solution tailored for artificial intelligence (AI) applications. The new chip supports the industry’s highest performance of up to 10.7 gigabits-per-second (Gbps), improving performance by over 25 per cent and capacity […]
New Delhi, April 16 Ahead of Elon Musk’s visit to India, the tech billionaire’s satellite-based internet service Starlink has reportedly received tentative approval from the Ministry of Communications. According to reports, the approval procedure is currently on the desk of Communications Minister Ashwini Vaishnaw, awaiting final clearance by the Home Ministry on some security issues. […]
The Oversight Board on Tuesday selected two cases from India and the US to assess Meta’s policies and enforcement practices concerning explicit images of female public figures generated by Artificial Intelligence (AI). The Board intends to address content decisions made by Meta in the two cases, one on Instagram and one on Facebook. In each […]
In a dampener for new X users, Elon Musk has announced they may be charged for posting content on the social platform. In reply to an X user, the Tesla and SpaceX CEO said that unfortunately, “a small fee for new user write access is the only way to curb the relentless onslaught of bots.” […]
US-based Lam Research Corporation, a global supplier of innovative wafer fabrication equipment, on Monday pledged nearly $29 million (Rs 241 crore) in software licenses over the next two years to upskill 2,800 students, as it signed an MoU with the Indian Semiconductor Mission (ISM) and Indian Institute of Science to prepare future workforce for the […]
New Delhi, April 15 Tata Consultancy Services (TCS) on Monday announced a new delivery centre in Brazil that will create more than 1,600 new job opportunities over the next five years. The centre in Londrina, in the state of Parana, would contribute to the local economy and strengthen the TCS’ presence in the region. “We […]
The US government on Monday announced a plan to award Samsung Electronics up to $6.4 billion in grants to support the tech giant’s chipmaking investment in Texas. The subsidy is part of Washington’s broader effort to bring cutting-edge semiconductor production back to the US amid concerns the world’s largest economy is falling behind in the […]
AI SaaS startup PineGap.ai on Monday said it has raised $2.5 million in its seed round led by US-based investors SVQuad and Inventus Capital to strengthen its equity research platform. Co-Founded by IIT-BHU graduates Deepak Sharma and Ankit Varmani, the startup said the raised funds will be used to expedite product development and build the […]