Business
Apple has announced an initial investment of Rs 100 crore to expand renewable energy capacity in India, strengthening its clean energy push across operations and supply chains. Apple Renewable Energy Investment In India Apple will invest Rs 100 crore to support the development of more than 150
Business Finance
The rupee weakened by 28 paise to 94.77 against the US dollar in early trade on Thursday, reversing part of its previous session gains as uncertainty over a possible US-Iran agreement weighed on currency market sentiment. Rupee Falls Against US Dollar At the interbank foreign exchange market, the rupee opened at 94.77 against the dollar, […]
Business Finance
The Indian rupee fell to a fresh record low of 95.40 against the US dollar in early trade on Tuesday, extending its decline as rising crude oil prices and global uncertainty kept pressure on the currency. Indian Rupee Hits Record Low The rupee weakened by 17 paise from its previous close and touched 95.40 against […]
Business
Amazon Web Services CEO Matt Garman has rejected claims that software is becoming irrelevant, saying the rise of artificial intelligence has created a major opportunity for developers and technology companies. AWS CEO Matt Garman On Software Garman said software remains central to innovation despite growing debate over whether AI will reduce the need for traditional […]
Business
Elon Musk Grilled In OpenAI Trial Elon Musk faced sharp questioning in a California court during the ongoing trial over OpenAI’s shift from its original nonprofit structure to a profit-driven model. The case has placed Musk’s own AI business interests under scrutiny as he challenges the direction taken by the ChatGPT maker. Elon Musk Questioned […]
Business
Apple CEO Tim Cook has described India as a “huge opportunity” for the company, citing strong growth across iPhone, iPad and Mac sales as the tech giant looks to benefit from India’s expanding middle class and growing digital economy. Apple Sees Strong Growth In India Cook said Apple is seeing double-digit growth in India across […]
Business
Infosys CEO Salil Parekh has ruled out layoffs despite rapid changes in the IT services industry due to artificial intelligence, saying the company will focus on hiring, reskilling and AI-led growth. Infosys AI Growth Strategy Parekh said artificial intelligence is expected to expand the scope of work rather than reduce jobs at Infosys. He said […]
Business
Elon Musk has accused OpenAI and its chief executive Sam Altman of abandoning the company’s original nonprofit mission, as a major legal battle over the future of the artificial intelligence firm continues in a US court. Elon Musk OpenAI Lawsuit Musk told the court that OpenAI was created to develop artificial intelligence for the benefit […]
Business
The Enforcement Directorate has provisionally attached assets worth Rs 3,034.90 crore in a money laundering probe linked to Reliance Communications and entities connected to the Reliance Anil Ambani Group. The latest action includes high-value properties in Mumbai, Khandala and Ahmedabad. ED Attaches Anil Ambani Mumbai Flat The attached assets include a premium flat in
Business
AWS and OpenAI have announced an expanded partnership that will bring OpenAI’s latest models to Amazon Bedrock in limited preview. The move will allow enterprise customers to access OpenAI’s frontier AI models through AWS infrastructure, security and governance systems. OpenAI Models On Amazon Bedrock Amazon Bedrock will now offer OpenAI models through the same APIs […]