In a surprise move, Rajesh Gopinathan announced his resignation from TCS after a 22Â year career; last 6 years as CEO. Rajesh needs no introduction. He is widely known and well respected. The announcement came as a surprise to many as Rajesh was reappointed last year only and had another 4 years of tenure left. … Read more
Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil, analysts at J.P.Morgan said on Friday. Regional banks in the United States account for 2-3% of their revenue, J.P. Morgan said in a note, adding that the … Read more
Elon Musk expressed his concerns about artificial intelligence at Tesla’s investor day on Wednesday. The Tesla CEO believed he “may have done some things” that accelerated the “dangerous technology.” His comments were prompted by an investor asking whether AI could help Musk make cars. Elon Musk doesn’t think artificial intelligence will help Tesla make cars … Read more
Microsoft announced that it is launching its next-generation hybrid cloud platform “Azure Operator Nexus” for communication service providers. The tech giant believes that modern network infrastructure will assist its telecommunications partners to improve and monetise their existing infrastructure while also lowering their overall cost of ownership, reports TechCrunch. Azure Operator Nexus will allow these companies … Read more
Meta Platforms on Sunday announced that it is testing a monthly subscription service, called Meta Verified, which will let users verify their accounts using a government ID and get a blue badge, as it looks to help content creators grow and build communities. The subscription bundle for Instagram and Facebook, to be launched later this … Read more
Google CEO, Sundar Pichai has asked employees to spend 2 to 4 hours on improving Bard, Google’s recently-released AI chatbot, reported Business Insider (BI) citing a leaked company-wide email. Bard is the company’s AI chatbot that Google intends to integrate into search. The email indicates urgency in Google’s approach in order to win the next … Read more
The revamping of Microsoft’s second-place search engine could give the software giant a head start against other tech companies in capitalizing on the worldwide excitement surrounding ChatGPT, a tool that’s awakened millions of people to the possibilities of the latest AI technology. Along with adding it to Bing, Microsoft is also integrating the chatbot technology … Read more
Meta, Amazon, Microsoft and Alphabet’s severance packages will cost up to $4.7 billion. The tech giants have collectively laid off tens of thousands of workers over the past few months. Google parent company Alphabet will have the highest severance cost, at a maximum of $2.3 billion. Big tech firms are accruing billions in costs from … Read more
Baidu Inc. is planning to roll out an artificial intelligence chatbot service similar to OpenAI’s ChatGPT, according to a person familiar with the matter, potentially China’s most prominent entry in a race touched off by the tech phenomenon. China’s largest search engine company plans to debut a ChatGPT-style application in March, initially embedding it into … Read more