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Drugs Worth Rs 7 Crore Seized At Hyderabad Airport
The Department of Revenue Intelligence officials on Friday said they seized 7.096 kg of hydroponic weed (Marijuana) worth Rs 7 crore (illicit market value) from two Indian passengers coming from Bangkok.
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Microsoft Forecasts Slower Cloud Business Growth in Second Quarter
Microsoft has forecast an increase in spending on AI this quarter and warned of slower growth in its cloud business Azure, even as the company beat Wall Street's estimates for first-quarter revenue and profit.. The Redmond company has signalled that big AI investments were not enough to keep pace with capacity constraints at its data centres.
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Google Generating ‘More Than a Quarter of All New Code by AI’, Says CEO Sundar Pichai
Google’s parent company Alphabet posted its quarterly earnings on Tuesday. A major highlight of the earnings call with company CEO Sundar Pichai was how the Mountain View-based tech giant is optimising the costs of running expensive artificial intelligence (AI) infrastructure for all of its products and services. The CEO said that the company has...
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Apple Set for Biggest Revenue Jump in 2 Years on iPhone Demand in China
Apple is expected to report its biggest quarterly revenue jump in two years on Thursday, with iPhone demand faring better than recent years toward the end of the company's annual release cycle, especially in China.
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ChatGPT Subscription Prices Could Reportedly Be Hiked Before the End of the Year
ChatGPT, the artificial intelligence (AI) chatbot by OpenAI is reportedly about to get more expensive for paid subscribers. According to a new report, the AI firm is planning to increase the subscription price for the ChatGPT Plus users by $2 (roughly Rs. 167) a month. The price hike is not expected to stop there either, as the company is said to p...
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OpenAI Sees $11.6 Billion Revenue Next Year, Said to Offer Thrive Chance to Invest Again in 2025
OpenAI is said to predict that its revenue will skyrocket to $11.6 billion in 2025, up from an estimated $3.7 billion this year. The AI firm is also said to offer Thrive Capital the opportunity to invest another $1 billion next year at the same valuation if OpenAI hits a revenue goal.
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Google, Volkswagen Partner on Smartphone AI Assistant
Google is providing key capabilities for an AI assistant for Volkswagen drivers in a smartphone app. The AI assistant draws on Google's Gemini large language models, programs that can understand and generate predictive responses to human language, and cloud computing capacity.
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Brazilian Woman Arrested After 124 Cocaine Capsules Found In Her Body
The Directorate of Revenue Intelligence (DRI) has arrested a Brazilian woman after recovering 124 cocaine-filled capsules which she swallowed before landing at the Mumbai international airport, an official said.
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Mumbai Customs, Probe Agency Destroy Seized Drugs Worth Rs 177 Crore
As per an official release, this is the first such drug destruction carried out in this fiscal.
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Elon Musk Denies Report That Claims xAI Held Talks Over Share in Tesla Revenue
Elon Musk has refuted that his AI startup xAI has held talks for a share in future Tesla revenue in return for giving Tesla the access to xAI's technology and resources.
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Nvidia's Forecast Dampens AI Enthusiasm in Other Tech Stocks
Nvidia dropped almost seven percent and lost $200 billion (roughly Rs.16,77,898 crore) in stock market value after it forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. A handful of other AI-related companies shed around $100 billion (roughly Rs. 8,38,948 crore) in combined value.
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Court Quashes Summons To Hero MotoCorp Chairman In Foreign Currency Case
The Delhi High Court on Wednesday quashed a summons issued to Hero Motocorp chairman Pawan Kant Munjal in a case registered by the Directorate of Revenue Intelligence (DRI) relating to foreign currency.
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4 Kg Smuggled Gold Worth Rs 2.9 Crore In Hyderabad-Bound Bus Seized, 2 Arrested
Nearly four kg of smuggled foreign origin gold valued at Rs 2.9 crore was seized from two persons who were travelling in a bus from Kolkata to Hyderabad, the Directorate of Revenue Intelligence said on Sunday.
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Apple Could Reportedly Introduce a Paid Apple Intelligence Subscription to Drive Revenue
Apple Intelligence might become a new revenue channel for the company in the future, as per a report. The Cupertino-based tech giant announced its suite of artificial intelligence (AI) features dubbed Apple Intelligence at the Worldwide Developers Conference (WWDC) 2024. Once it rolls out, users will get features like the AI-powered Siri, Writing T...
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Man Arrested For Smuggling Gold Jumps From 6th Floor Office In Nagpur, Dies
A man held for allegedly smuggling gold ended his life by jumping off the sixth floor office of the Directorate of Revenue Intelligence in the CGO Complex in Nagpur, a police official said on Monday.
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Drugs Worth Rs 7 Crore Seized At Hyderabad Airport
The Department of Revenue Intelligence officials on Friday said they seized 7.096 kg of hydroponic weed (Marijuana) worth Rs 7 crore (illicit market value) from two Indian passengers coming from Bangkok.
-
Microsoft Forecasts Slower Cloud Business Growth in Second Quarter
Microsoft has forecast an increase in spending on AI this quarter and warned of slower growth in its cloud business Azure, even as the company beat Wall Street's estimates for first-quarter revenue and profit.. The Redmond company has signalled that big AI investments were not enough to keep pace with capacity constraints at its data centres.
-
Google Generating ‘More Than a Quarter of All New Code by AI’, Says CEO Sundar Pichai
Google’s parent company Alphabet posted its quarterly earnings on Tuesday. A major highlight of the earnings call with company CEO Sundar Pichai was how the Mountain View-based tech giant is optimising the costs of running expensive artificial intelligence (AI) infrastructure for all of its products and services. The CEO said that the company has...
-
Apple Set for Biggest Revenue Jump in 2 Years on iPhone Demand in China
Apple is expected to report its biggest quarterly revenue jump in two years on Thursday, with iPhone demand faring better than recent years toward the end of the company's annual release cycle, especially in China.
-
ChatGPT Subscription Prices Could Reportedly Be Hiked Before the End of the Year
ChatGPT, the artificial intelligence (AI) chatbot by OpenAI is reportedly about to get more expensive for paid subscribers. According to a new report, the AI firm is planning to increase the subscription price for the ChatGPT Plus users by $2 (roughly Rs. 167) a month. The price hike is not expected to stop there either, as the company is said to p...
-
OpenAI Sees $11.6 Billion Revenue Next Year, Said to Offer Thrive Chance to Invest Again in 2025
OpenAI is said to predict that its revenue will skyrocket to $11.6 billion in 2025, up from an estimated $3.7 billion this year. The AI firm is also said to offer Thrive Capital the opportunity to invest another $1 billion next year at the same valuation if OpenAI hits a revenue goal.
-
Google, Volkswagen Partner on Smartphone AI Assistant
Google is providing key capabilities for an AI assistant for Volkswagen drivers in a smartphone app. The AI assistant draws on Google's Gemini large language models, programs that can understand and generate predictive responses to human language, and cloud computing capacity.
-
Brazilian Woman Arrested After 124 Cocaine Capsules Found In Her Body
The Directorate of Revenue Intelligence (DRI) has arrested a Brazilian woman after recovering 124 cocaine-filled capsules which she swallowed before landing at the Mumbai international airport, an official said.
-
Mumbai Customs, Probe Agency Destroy Seized Drugs Worth Rs 177 Crore
As per an official release, this is the first such drug destruction carried out in this fiscal.
-
Elon Musk Denies Report That Claims xAI Held Talks Over Share in Tesla Revenue
Elon Musk has refuted that his AI startup xAI has held talks for a share in future Tesla revenue in return for giving Tesla the access to xAI's technology and resources.
-
Nvidia's Forecast Dampens AI Enthusiasm in Other Tech Stocks
Nvidia dropped almost seven percent and lost $200 billion (roughly Rs.16,77,898 crore) in stock market value after it forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. A handful of other AI-related companies shed around $100 billion (roughly Rs. 8,38,948 crore) in combined value.
-
Court Quashes Summons To Hero MotoCorp Chairman In Foreign Currency Case
The Delhi High Court on Wednesday quashed a summons issued to Hero Motocorp chairman Pawan Kant Munjal in a case registered by the Directorate of Revenue Intelligence (DRI) relating to foreign currency.
-
4 Kg Smuggled Gold Worth Rs 2.9 Crore In Hyderabad-Bound Bus Seized, 2 Arrested
Nearly four kg of smuggled foreign origin gold valued at Rs 2.9 crore was seized from two persons who were travelling in a bus from Kolkata to Hyderabad, the Directorate of Revenue Intelligence said on Sunday.
-
Apple Could Reportedly Introduce a Paid Apple Intelligence Subscription to Drive Revenue
Apple Intelligence might become a new revenue channel for the company in the future, as per a report. The Cupertino-based tech giant announced its suite of artificial intelligence (AI) features dubbed Apple Intelligence at the Worldwide Developers Conference (WWDC) 2024. Once it rolls out, users will get features like the AI-powered Siri, Writing T...
-
Man Arrested For Smuggling Gold Jumps From 6th Floor Office In Nagpur, Dies
A man held for allegedly smuggling gold ended his life by jumping off the sixth floor office of the Directorate of Revenue Intelligence in the CGO Complex in Nagpur, a police official said on Monday.
