Microsoft’s Build developer conference is set to launch, providing the company with a platform to showcase its latest advancements in artificial intelligence. With high-profile events by OpenAI and Google already taking center stage this month, Microsoft stands out with its ownership of Windows, boasting a vast PC userbase. CEO Satya Nadella has boldly declared that
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In a recent announcement, Tesla revealed that it will be cutting approximately 600 more employees across its manufacturing facilities and engineering offices in California. The layoffs spanned across various roles, impacting workers from entry-level positions to directors, and affected departments such as factory workers, software developers, and robotics engineers. This move comes as part of
India has been recognized as offering a “very favorable” environment for companies to launch initial public offerings, with the regulatory framework being highlighted as a key factor in creating a conducive atmosphere. According to Shailendra Singh, the managing director at Peak XV Partners, the regulatory bodies such as the Securities and Exchange Board of India
The departure of Ilya Sutskever from OpenAI has left many in the tech industry questioning the future of the company. The leadership crisis involving co-founder and CEO Sam Altman seemed to be the tipping point for Sutskever’s exit. It was revealed that Altman had not been “consistently candid in his communications with the board,” leading
The nonprofit Environmental Democracy Project has taken legal action against Tesla, claiming that the electric vehicle manufacturer has continuously failed to comply with the Clean Air Act at its assembly plant in Fremont, California. The lawsuit, filed in federal court in San Francisco, accuses Tesla of emitting harmful pollution into the neighboring communities, violating the
Sony recently announced a 7% drop in annual profits for the fiscal year 2023, which was mainly due to a decline in its financial services division. The company also fell short of its forecast for unit sales of the PlayStation 5 gaming console for the full year. Despite this, there were some positive highlights in
OpenAI has unveiled its latest AI model, GPT-4o, alongside a desktop version of ChatGPT, aiming to revolutionize the use of chatbots. This new model promises enhanced capabilities in text, video, and audio processing, making it much faster and versatile compared to its predecessors. The update marks a significant milestone in OpenAI’s efforts to democratize AI
SoftBank has reported a significant 724.3 billion Japanese yen ($4.6 billion) gain on its Vision Fund in the fiscal year ending in March, marking the first time since 2021 that the tech investment arm has been in a profitable position. The Vision Fund segment of SoftBank saw a profit of 128.2 billion yen for the
A recent legal battle involving Elon Musk’s X and Israel’s Bright Data came to a head when a federal judge in California dismissed the lawsuit. The case revolved around the practice of data scraping, where automated programs gather information from publicly accessible websites. In the lawsuit, X accused Bright Data of scraping data from X
Recent protests by climate activists in Germany have escalated to protesters attempting to break into Tesla’s Berlin-Brandenburg Gigafactory. The local police reported multiple unauthorized individuals trying to enter the Tesla factory grounds, resulting in a dynamic situation that required immediate intervention to prevent unauthorized access. The Brandenburg police have faced challenges in managing the protests,