Meta chief AI officer Alexandr Wang said the workforce reduction would eliminate overly bureaucratic functions within the organisation, allowing each employee to have “more scope and impact.”
The announced job cuts will impact several of…
Meta chief AI officer Alexandr Wang said the workforce reduction would eliminate overly bureaucratic functions within the organisation, allowing each employee to have “more scope and impact.”
The announced job cuts will impact several of…
With the new enhancement, developers will be able to use different payment providers across mobile app stores, the web and PCs, the company said in a statement on Wednesday. The move was made possible after recent court decisions forced Apple and Alphabet Inc.’s Google to allow other payment options in their app stores, enabling game makers to circumvent the tech…
Applied Digital has secured a significant $5 billion lease agreement for 200 megawatts of artificial intelligence compute capacity in North Dakota. This deal, spanning approximately 15 years, underscores the company’s expansion to meet growing demand for AI infrastructure. The agreement boosts Applied Digital’s total leased capacity in the state to 600 megawatts.
Agencies
Also in the letter:
■ India Quotient’s latest fund
■ Centre’s attempt to curb deepfakes
■ AI talent war looms
Festivals spark surge in quick credit

The festive season has lit a fire under India’s digital lending market. Spurred by GST cuts and online discounts, demand for quick credit has surged up to 50% compared to last year, fintech industry executives told us.
Rising demand: More consumers now qualify for credit, with…
“The initiative calls for a prohibition on the development of superintelligence until the technology is reliably safe and controllable, and has public buy-in,” according to an open letter published by the Future of Life Institute, a US-based NGO that campaigns against the dangers of AI.
Signatories include the “Godfather of AI” and…
This round brings the New York-based company’s total funding to $81 million.
The company has also appointed Ragy Thomas, founder of customer experience management platform Sprinklr, as chairman and co-CEO, who will work alongside cofounder and co-CEO Pavitar Singh to drive the global go-to-market expansion.
On August 19, ET…
This round brings the New York-based company’s total funding to $81 million.
The company has also appointed Ragy Thomas, founder of customer experience management platform Sprinklr, as chairman and co-CEO, who will work alongside cofounder and co-CEO Pavitar Singh to drive the global go-to-market expansion.
On August 19, ET…
Infosys promoters and promoter group, including Nandan M Nilekani and Sudha Murty, have decided not to participate in the company’s Rs 18,000 crore share buyback, according to a regulatory filing on Wednesday.
The promoters collectively hold 13.05 per cent of the company’s equity as on the buyback announcement date.
“…the Promoter and Promoter…
A TechCrunch analysis of data by market intelligence provider Similarweb on Monday indicated that Meta AI’s app installs have surged to 3,00,000 per day versus less than 2,00,000 a few weeks ago.
The report added that the sharp rise could be because of the launch of the new Vibes feed in September, featuring short AI-generated videos.
The timing of this release was curious, given…
AWS initiated arbitration proceedings before a three-member tribunal in New Delhi, claiming that Meesho has not paid for its services per a private pricing addendum (PPA) dated February 25, 2022.
Meesho has disputed the claim, citing deficiencies in the services provided and…
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