Chinese conglomerate Alibaba has announced plans to make its artificial intelligence (AI) model, Tongyi Qianwen, widely available to the public. The Chinese regulatory has approved the plan, according to a news report published on its WeChat account. The report also mentioned that in the near future, an open source version of the large language model […]
Apple is reportedly in talks for its substantial investments in artificial intelligence (AI), allocating millions of dollars to upgrade ‘Siri’, its digital assistant, according to a media report on Thursday. The iPhone major aims to deeply integrate Siri with the shortcut’s automation tool as a part of the iOS 18 update which is likely to […]
Jio Platforms, a subsidiary of Reliance Industries, has joined forces with NVIDIA, a global leader in AI computing, to unveil an Artificial Intelligence cloud infrastructure to revolutionise India’s AI landscape. According to a media release by Jio Platforms, this collaboration is set to accelerate India’s progress in artificial intelligence, supporting the nation’s competitiveness and addressing […]
Amazon on Thursday announced a series of strategic initiatives at the fourth edition of the Amazon Smbhav Summit in New Delhi. The event brought together policy makers, industry leaders, startups, and Amazon executives to discuss ways to unlock the potential of a Digital India. Amazon’s initiatives are in line with its commitment to India’s growth […]
In the fast-paced world of business and technology, the term “AI” (artificial intelligence) often takes center stage, promising revolutionary changes and groundbreaking innovations and how investors’ pitches are now saturated with the term “AI,” said Peyush Bansal, Co-founder and Chief Executive Officer, Lenskart at TiE Delhi-NCR India Internet Day 2023. “Technology is not the problem. […]
Lenovo Group, the PC maker, reported a 24 per cent fall in revenue for the April-June quarter, reflecting the continued impact of a global downturn in demand for personal computers. The company’s Q1 performance marks its fourth consecutive quarter of sales decline, as the tech giant grapples with economic challenges compounded by the ongoing COVID-19 […]
Ahead of India’s 77th Independence Day, Simpl, India’s checkout network, on Wednesday its vision to eliminate cash on delivery in ecommerce by 2028 in order to reduce merchant losses and fastrack the industry’s journey towards profitability. As part of this vision, Simpl has introduced an Artificial Intelligence-enabled checkout suite to eliminate cash on delivery for […]
Early-stage venture fund pi Ventures, which invests in disruptive Artificial Intelligence and DeepTech startups, has announced the final close of its second fund with a total commitment of Rs 702 crore (USD 85 Mn), closing well above its base target of Rs 565 crore. The fund is backed by multiple institutional players such as BII, […]
Speculations are rife that Apple, the world’s most valuable firm, is likely to report a 1.6 per cent drop in total quarterly revenue, marking its steepest decline in third-quarter revenue since 2016. This dip in revenue is primarily attributed to a projected fall of over 2 per cent in iPhone sales during the April-June quarter. […]
Emerging from the Covid-19 pandemic, our collective response and adaptations to this unprecedented global disruption have undoubtedly imparted valuable wisdom. Nevertheless, new challenges persist on the horizon, such as the Russia-Ukraine conflict, geopolitical instability, and an economic slowdown. Naturally, these hurdles have wielded a profound influence on consumer behaviour, effectively reshaping the retail landscape in […]
