Reliance Industries Shares Rise 2% After Rs 2 Crore AI JV With Meta’s Facebook Unit
Shares of Reliance Industries Ltd soared 2% to touch a day’s high of Rs 1,483.50 on 27th October. This followed the company’s announcement that it...
Tag : AI
Reddit Sues Perplexity, Others for Mass Scraping of User Comments
Reddit is taking on AI company Perplexity and three other entities, accusing them of “industrial-scale” scraping of user comments for commercial use. The lawsuit, filed...
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...
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...