Amazon to Cut Up to 15% of HR Staff Amid AI Expansion
Amazon is preparing another major workforce reshuffle as it ramps up its artificial intelligence initiatives. The plans reportedly target up to 15% of its human...
Tag : AI
AI Valuations May Be Unsustainable, Warns Milken Institute Economist
AI’s rapid growth may not be as sustainable as it seems, according to William Lee, Chief Economist and Executive Director at the Milken Institute. Lee...
Elon Musk’s xAI Sues OpenAI Over Employee Poaching and Trade Secrets
Elon Musk’s AI venture, xAI, has launched a lawsuit against OpenAI. It accuses the rival firm of luring employees to gain access to trade secrets...
Google Rolls Out Gemini AI to Chrome, Workspace & iOS
Google is bringing its Gemini AI to more platforms, starting with Chrome on US desktops this Thursday. The update will initially reach Mac and Windows...
Singapore and India Vow Cooperation in AI, Trade & Defence
On 4th September, Prime Minister Narendra Modi highlighted the growing partnership between India and Singapore and thanked the country for its support after the Pahalgam...
Tata Electronics, Merck Sign MoU to Strengthen India’s Semiconductor Sector
Tata Electronics and Merck signed a Memorandum of Understanding (MoU) on 2nd September to strengthen India’s semiconductor capabilities. The partnership focuses on semiconductor materials, fabrication...
Aurionpro Shares Fall 2.75% on AI Partnership with Sri Lankan Bank
Shares of Aurionpro Solutions Ltd fell 2.75% despite touching a day’s high of Rs 1,334.80 on 1st September, after the company announced a strategic partnership...
Perplexity to Share AI Search Revenue with Publishers
Perplexity AI is launching a revenue-sharing program for publishers as it faces criticism and lawsuits over the use of media content in its AI search...
Meta Reshuffles AI Team to Chase Superintelligence
Meta is doubling down on its race toward superintelligence by overhauling its artificial intelligence division for the second time. The company has carved its AI...
Google Claims AI Boosts the Web, Publishers Blame It for Traffic Drop
Google says its AI-powered search features are improving the web, but publishers strongly disagree, claiming it’s costing them massive traffic losses. In a blog post...