2025 may not be a great year for pay hikes—consulting firms expect salary revisions in corporate India to be lower than what companies offered last year. Why have Indian firms turned cautious in doling out annual raises this year? Mint explains: What raise can you expect this year? Consulting firm Aon estimates corporate employers to … Read more
At this week’s Artificial Intelligence Action Summit in Paris, world leaders and technologists gathered to discuss the rapidly evolving field of generative artificial intelligence. Many are eager to join the global AI race, while others are proceeding with caution. Tina Trinh reports.
A Saudi company will invest $5 billion to build an artificial intelligence data centre in the futuristic city of NEOM, state media reported. The agreement, signed between DataVolt and NEOM, would fund the creation of a fully sustainable AI data centre with a 1.5 gigawatt capacity, the official SPA news agency said. The project will … Read more
Saravanakumar, the founder of business-to-business software solutions (SaaS) AI start-up named Kovai.co, has given 140 employees a bonus of ₹14 crore, according to a report by News18. When asked why, his response was simple: “Why do people work in startups? They hope to become rich.” Employees Get ₹14 crore bonus — ‘Hope to become Rich…’ … Read more
A consortium led by Elon Musk has offered $97.4 billion to buy the nonprofit that controls Sam Altman-led OpenAI, in what has became the billionaire’s latest move to block the start-up’s transition into a for-profit company, according to a Reuters report. Also Read | British MP objects to ‘Bengali’ signboard at London station; Elon Musk … Read more
A man confessed his love for ChatGPT and received a heartwarming response from the chatbot. During his interaction with the bot, the man said he found comfort in the AI’s responses, adding it was the only one with whom he had meaningful conversations. In a post on Reddit, the man explained how he deals with … Read more
Google Photos is getting a new functionality that will allow people to check whether an image was enhanced using artificial intelligence (AI) or not. Images edited using Reimagine in Magic Editor will be labelled using SynthID, a watermarking technology by the Mountain View-based tech giant. The label can be viewed within the “About this image” … Read more
E-commerce giant Amazon reported strong earnings Thursday but, like its big tech peers Microsoft and Google, saw its stock price fall on concerns over high AI investment costs. The mounting expenses of data-intensive artificial intelligence and its infrastructure have cast a shadow over this earnings season, with only Facebook owner Meta winning Wall Street’s approval. … Read more
SAN FRANCISCO: Alphabet’s Google on Wednesday announced updates to its Gemini family of large language models, including a new product line with competitive pricing to low-cost artificial intelligence models like that of Chinese rival DeepSeek. The tech giant offers several versions of Gemini that vary in price and performance. It already offered a lightweight variant … Read more
New Delhi: OpenAI CEO Sam Altman is currently in India as part of his whirlwind tour of Asia. He has been meeting several top government officials and industry leaders and today he met with Paytm MD and CEO Vijay Shekhar Sharma. Mr Sharma shared a photo with the OpenAI chief along with a clever headline … Read more
US prosecutors on Tuesday unveiled an expanded 14-count indictment accusing former Google software engineer Linwei Ding of stealing Artificial Intelligence (AI) trade secrets to benefit two Chinese companies he was secretly working for. Ding, 38, a Chinese national, was charged by a federal grand jury in San Francisco with seven counts each of economic espionage … Read more
New Delhi: As India embarks on an exciting artificial intelligence (AI) journey, OpenAI Co-founder and CEO Sam Altman on Wednesday said India is a very important market for AI and the company’s second biggest market globally. The owner of ChatGPT AI models was speaking at an event in the presence of Union Minister for Railways … Read more