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IIT Delhi Graduates India's Most Employable, Shows Global Survey
GEURS ranking are produced by data from French consultancy firm Emerging. It shows that employers want graduates who have undertaken some form of work experience.
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India’s Web3 Ecosystem Has Over 400 Firms, Karnataka Emerges as Industry Hub: Report
The BWA report has observed that the area of blockchain solutions have emerged as the Web3 vertical with the largest concentration of companies operating within it. Presently, 79 firms have been identified by the BWA for conducting research and development work around the use cases of blockchain technology.
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Perplexity AI Begins Experimenting With Ads on Its Search Platform
Perplexity AI, the company behind the eponymous artificial intelligence (AI) search platform, announced on Tuesday that it will begin experimenting with ads this week. An earlier report in August highlighted the company’s intentions of incorporating ads by the end of the year to boost its revenue. The AI firm highlighted that ads will be shown in...
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Apple Gets EU Warning to Stop Geo-Blocking on App, ITunes Stores
Apple's App Store, iTunes Store and other media services unlawfully discriminate against European customers based on their place of residence, according to a European Commission statement on Tuesday.
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Flipkart, Amazon Executives To Be Summoned Over Alleged Forex Violations: Report
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers, a government source told Reuters.
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OpenAI’s Next Flagship AI Model Reportedly Struggling to Outperform Older Models in Certain Tasks
OpenAI is rumoured to be working on the next generation of its flagship large language model (LLM), however, it might have hit a bottleneck. As per a report, the San Francisco-based AI firm is struggling to considerably upgrade the capabilities of its next AI model, internally codenamed Orion. The model is said to be outperforming older models when...
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TSMC to Suspend Production of Advanced AI Chips for China From November 11: Report
Taiwan Semiconductor Manufacturing Co (TSMC) has informed Chinese chip design firms that it is halting production of their most sophisticated AI chips starting November 11, according to a Financial Times report. The chipmaker informed its Chinese clients that it will not produce AI chips on advanced process nodes of 7nm or less, as per the report.
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Reliance's $50 Billion Wipeout Shows Toll of Weak Earnings
Reliance Industries Ltd. has erased almost $50 billion in market capitalization since its peak in July as the most valuable Indian firm struggles with weakening earnings and an economic slowdown.
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PS5 Sales Cross 65 Million as Sony Sees 73 Percent Jump in Q3 Profit
Sony reported a bigger-than-expected 73 percent jump in operating profit in the September quarter. Friday’s earnings highlighted the power of a few hit titles to sway Sony’s PlayStation business segment, now four years into the latest hardware generation.
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Meta Says App Stores Should Police Australia Under-16 Social Media Ban
Australia will impose a ban on social media for people aged under 16 despite calls by Meta Platforms for it to consider shifting responsibility for policing. The legislation will be brought before parliament in the week beginning November 18.
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WazirX's Nischal Shetty Aims to Build India's Largest Decentralised Exchange Within 12 Months
This week, WazirX hosted a virtual town hall where founder Nischal Shetty shared that he is considering launching a decentralised exchange (DEX) to complement the existing WazirX platform. According to Shetty, a DEX could help mitigate the risks associated with centralised exchanges.
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India, Qatar's Financial Intelligence Units Partner to Combat Money Laundering through Virtual Digital Assets
This week, the Financial Intelligence Units of India and the UAE met in New Delhi to finalise an agreement. The two nations committed to collaborating in efforts to prevent the misuse of crypto assets by unlawful entities for illicit financial transfers.
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Crypto Firms Including Robinhood, Kraken Launch Global Stablecoin Network
The aim of the newly formed Global Dollar Network is to accelerate usage of stablecoins worldwide and promote an asset that provides proportionate economic benefits to its partners, the companies said.
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Runway Introduces Advanced Camera Control Feature on Gen-3 Alpha Turbo AI Video Generator
Runway, the video-focused artificial intelligence (AI) firm released a new feature on Friday. The feature, dubbed advanced camera control, will allow users to get granular control over the camera movement in an AI-generated video. The capability is being added to the AI firm’s Gen-3 Alpha Turbo model, which was released in June.
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Recraft Introduces AI Image Generator Recraft V3 With Improved Capabilities
Recraft, an artificial intelligence (AI) firm, introduced its latest AI image generation model Recraft V3 last week. Interestingly, this is the same Red Panda AI model that topped the leaderboard of benchmarking platform Artificial Analysis. The company has now formally unveiled the AI model and highlighted its capability.
![Gadgets 360 With Technical Guruji: News of the Week [August 24, 2024]](https://c.ndtvimg.com/2024-08/dfno8l5s_news-of-the-week_640x480_24_August_24.jpg?downsize=245:163 "Gadgets 360 With Technical Guruji: News of the Week [August 24, 2024]")
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IIT Delhi Graduates India's Most Employable, Shows Global Survey
GEURS ranking are produced by data from French consultancy firm Emerging. It shows that employers want graduates who have undertaken some form of work experience.
-
India’s Web3 Ecosystem Has Over 400 Firms, Karnataka Emerges as Industry Hub: Report
The BWA report has observed that the area of blockchain solutions have emerged as the Web3 vertical with the largest concentration of companies operating within it. Presently, 79 firms have been identified by the BWA for conducting research and development work around the use cases of blockchain technology.
-
Perplexity AI Begins Experimenting With Ads on Its Search Platform
Perplexity AI, the company behind the eponymous artificial intelligence (AI) search platform, announced on Tuesday that it will begin experimenting with ads this week. An earlier report in August highlighted the company’s intentions of incorporating ads by the end of the year to boost its revenue. The AI firm highlighted that ads will be shown in...
-
Apple Gets EU Warning to Stop Geo-Blocking on App, ITunes Stores
Apple's App Store, iTunes Store and other media services unlawfully discriminate against European customers based on their place of residence, according to a European Commission statement on Tuesday.
-
Flipkart, Amazon Executives To Be Summoned Over Alleged Forex Violations: Report
India's financial crime agency will summon Flipkart and Amazon executives as it steps up an investigation into alleged foreign investment law violations, days after raiding some of the e-commerce firms' sellers, a government source told Reuters.
-
OpenAI’s Next Flagship AI Model Reportedly Struggling to Outperform Older Models in Certain Tasks
OpenAI is rumoured to be working on the next generation of its flagship large language model (LLM), however, it might have hit a bottleneck. As per a report, the San Francisco-based AI firm is struggling to considerably upgrade the capabilities of its next AI model, internally codenamed Orion. The model is said to be outperforming older models when...
-
TSMC to Suspend Production of Advanced AI Chips for China From November 11: Report
Taiwan Semiconductor Manufacturing Co (TSMC) has informed Chinese chip design firms that it is halting production of their most sophisticated AI chips starting November 11, according to a Financial Times report. The chipmaker informed its Chinese clients that it will not produce AI chips on advanced process nodes of 7nm or less, as per the report.
-
Reliance's $50 Billion Wipeout Shows Toll of Weak Earnings
Reliance Industries Ltd. has erased almost $50 billion in market capitalization since its peak in July as the most valuable Indian firm struggles with weakening earnings and an economic slowdown.
-
PS5 Sales Cross 65 Million as Sony Sees 73 Percent Jump in Q3 Profit
Sony reported a bigger-than-expected 73 percent jump in operating profit in the September quarter. Friday’s earnings highlighted the power of a few hit titles to sway Sony’s PlayStation business segment, now four years into the latest hardware generation.
-
Meta Says App Stores Should Police Australia Under-16 Social Media Ban
Australia will impose a ban on social media for people aged under 16 despite calls by Meta Platforms for it to consider shifting responsibility for policing. The legislation will be brought before parliament in the week beginning November 18.
-
WazirX's Nischal Shetty Aims to Build India's Largest Decentralised Exchange Within 12 Months
This week, WazirX hosted a virtual town hall where founder Nischal Shetty shared that he is considering launching a decentralised exchange (DEX) to complement the existing WazirX platform. According to Shetty, a DEX could help mitigate the risks associated with centralised exchanges.
-
India, Qatar's Financial Intelligence Units Partner to Combat Money Laundering through Virtual Digital Assets
This week, the Financial Intelligence Units of India and the UAE met in New Delhi to finalise an agreement. The two nations committed to collaborating in efforts to prevent the misuse of crypto assets by unlawful entities for illicit financial transfers.
-
Crypto Firms Including Robinhood, Kraken Launch Global Stablecoin Network
The aim of the newly formed Global Dollar Network is to accelerate usage of stablecoins worldwide and promote an asset that provides proportionate economic benefits to its partners, the companies said.
-
Runway Introduces Advanced Camera Control Feature on Gen-3 Alpha Turbo AI Video Generator
Runway, the video-focused artificial intelligence (AI) firm released a new feature on Friday. The feature, dubbed advanced camera control, will allow users to get granular control over the camera movement in an AI-generated video. The capability is being added to the AI firm’s Gen-3 Alpha Turbo model, which was released in June.
-
Recraft Introduces AI Image Generator Recraft V3 With Improved Capabilities
Recraft, an artificial intelligence (AI) firm, introduced its latest AI image generation model Recraft V3 last week. Interestingly, this is the same Red Panda AI model that topped the leaderboard of benchmarking platform Artificial Analysis. The company has now formally unveiled the AI model and highlighted its capability.
