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DeepSeek’s iOS App Overtakes ChatGPT on App Store, Tech Leaders React to the Open-Source AI Model’s Rise
DeepSeek for iOS has overtaken OpenAI’s ChatGPT to top the App Store’s “Top free apps” chart in the US. The eponymous Chinese company released the open-source DeepSeek-R1 artificial intelligence (AI) model last week, which outperforms OpenAI’s o1 AI model in several benchmarks. This release has made the company and its AI chatbot the talk...
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Intel Signs Microsoft as Foundry Customer; Says Firm on Track to Overtake Biggest Rival TSMC
Intel has signed Microsoft as a foundry customer for its 18A technology, the company said at an event. The chipmaker said it expects to beat its 2025 deadline to overtake TSMC in advanced chip manufacturing. The news of Intel's 14A technology is the first time the Silicon Valley company has given details of its plans beyond 2025.
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What Vedanta Group Chairman Said On Tamils Leading Silicon Valley
Founder-Chairman of Vedanta Group Anil Agarwal on Sunday heaped praises on Tamil Nadu for the place its people hold at the top of companies across sectors globally.
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Google To Block Local News Links In Canada Over Media Law
Google on Thursday became the latest Silicon Valley giant to block Canadian users from seeing local news on its platform after Ottawa passed a bill requiring tech companies to pay for such content.
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Inflection AI Raises $1.3 Billion Investment From Microsoft and Nvidia
Inflection AI, a startup backed by several Silicon Valley heavyweights, said on Thursday it had raised $1.3 billion (nearly Rs. 10,670 crore) from investors including Microsoft and Nvidia, amid a boom in the artificial intelligence (AI) sector. The investment, a mix of cash and cloud credit, valued the one-year-old company at $4 billion (nearly Rs....
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TSMC Unveils Software to Allow Automotive Chip Designers to Get Newest Chip Technology Into Cars Faster
TSMC on Wednesday announced that it will release new software to help automotive chipmakers bring the latest chip technology to cars at a faster rate. The software, that will be released later this year, will enable automotive chipmakers to start work on their designs about two years sooner than usual, according to TSMC.
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Crypto Bank Anchorage Digital Lays Off 20 Percent of Its Staff Amid Shutdowns, Looming Uncertainties
Citing regulatory uncertainty, San Francisco-based Anchorage Digital bank has laid off 20 percent of its work force, leaving 75 employees jobless. The lender is trying to face the oncoming macroeconomic challenges fuelled by crypto volatility with a strategic approach.
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Silicon Valley Bank Resolution Will Bring Relief to Startups in Aftermath of Collapse: Ashwini Vaishnaw
Amid US administration's move to backstop collapsed Silicon Valley Bank's (SVB) deposits, IT minister Ashwini Vaishnaw has said the developments are "reassuring" and will bring relief to startups. "SVB resolution is reassuring. (It) will bring relief to startups," Vaishnaw told PTI.
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Germany Wants to Ease Visa Application Process, Relax Language Requirements for Indian IT Workers: Report
German Chancellor Olaf Scholz said Sunday that his government wants to ease the path for Indian information technology experts to obtain work visas in Germany. "We want to simplify the issuing of visas. We intend to modernize the whole bureaucratic process in addition to legal modernization," Scholz said while visiting India's Silicon Valley in Ben...
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Facebook Parent Meta Asked by Shareholder to Cut Jobs, Spending in Open Letter to CEO Mark Zuckerberg
Meta shareholder Altimter said on Monday that the Facebook parent needs to cut jobs and spending, as the firm has lost investor confidence as it ramped up spending and pivoted to the metaverse. The hedge fund, which has a 0.1 percent stake in the company said that huge investments "in an unknown future is super-sized and terrifying, even by Silicon...
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Apple Prohibits Caste-Based Discrimination With Update in Employee Conduct Policy
Apple emerges as an early leader in policies to rid Silicon Valley of caste-based discrimination. Apple updated its general employee conduct policy about two years ago to explicitly prohibit discrimination on the basis of caste. Inclusion of caste as a category goes beyond the US discrimination laws, which do not explicitly ban casteism. Several co...
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Elon Musk Says Tesla Losing Billion of Dollars at Texas and Berlin Units, Blames Chip Shortage
Tesla head Elon Musk recently mentioned in his interview to the Tesla Owners Silicon Valley that the company is losing billion of dollars at its units in Texas, Berlin. He put the blame on battery shortage and China port issue.
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HSBC Taps Into Virtual Reality With Metaverse Portfolio For Rich Asian Clients
HSBC Holdings has launched a fund to capture investment opportunities in the metaverse for its wealthy clients in Hong Kong and Singapore as financial services companies tap into Silicon Valley's new virtual reality.
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Facebook-Parent Meta No Longer Requiring COVID Booster Shots for Staff in US Offices
Facebook-owner Meta is no longer requiring employees to have COVID-19 boosters to enter its offices in the US, a company spokesperson said on Friday.
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Twitter to Welcome Workers Back to Office Starting March 15, Will Continue Allowing Remote Work as Well
Twitter's new chief Parag Agrawal said it will reopen offices globally this month but let people work remotely if they wish, as many businesses end closures put in place to fight the spread of COVID-19.
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DeepSeek’s iOS App Overtakes ChatGPT on App Store, Tech Leaders React to the Open-Source AI Model’s Rise
DeepSeek for iOS has overtaken OpenAI’s ChatGPT to top the App Store’s “Top free apps” chart in the US. The eponymous Chinese company released the open-source DeepSeek-R1 artificial intelligence (AI) model last week, which outperforms OpenAI’s o1 AI model in several benchmarks. This release has made the company and its AI chatbot the talk...
-
Intel Signs Microsoft as Foundry Customer; Says Firm on Track to Overtake Biggest Rival TSMC
Intel has signed Microsoft as a foundry customer for its 18A technology, the company said at an event. The chipmaker said it expects to beat its 2025 deadline to overtake TSMC in advanced chip manufacturing. The news of Intel's 14A technology is the first time the Silicon Valley company has given details of its plans beyond 2025.
-
What Vedanta Group Chairman Said On Tamils Leading Silicon Valley
Founder-Chairman of Vedanta Group Anil Agarwal on Sunday heaped praises on Tamil Nadu for the place its people hold at the top of companies across sectors globally.
-
Google To Block Local News Links In Canada Over Media Law
Google on Thursday became the latest Silicon Valley giant to block Canadian users from seeing local news on its platform after Ottawa passed a bill requiring tech companies to pay for such content.
-
Inflection AI Raises $1.3 Billion Investment From Microsoft and Nvidia
Inflection AI, a startup backed by several Silicon Valley heavyweights, said on Thursday it had raised $1.3 billion (nearly Rs. 10,670 crore) from investors including Microsoft and Nvidia, amid a boom in the artificial intelligence (AI) sector. The investment, a mix of cash and cloud credit, valued the one-year-old company at $4 billion (nearly Rs....
-
TSMC Unveils Software to Allow Automotive Chip Designers to Get Newest Chip Technology Into Cars Faster
TSMC on Wednesday announced that it will release new software to help automotive chipmakers bring the latest chip technology to cars at a faster rate. The software, that will be released later this year, will enable automotive chipmakers to start work on their designs about two years sooner than usual, according to TSMC.
-
Crypto Bank Anchorage Digital Lays Off 20 Percent of Its Staff Amid Shutdowns, Looming Uncertainties
Citing regulatory uncertainty, San Francisco-based Anchorage Digital bank has laid off 20 percent of its work force, leaving 75 employees jobless. The lender is trying to face the oncoming macroeconomic challenges fuelled by crypto volatility with a strategic approach.
-
Silicon Valley Bank Resolution Will Bring Relief to Startups in Aftermath of Collapse: Ashwini Vaishnaw
Amid US administration's move to backstop collapsed Silicon Valley Bank's (SVB) deposits, IT minister Ashwini Vaishnaw has said the developments are "reassuring" and will bring relief to startups. "SVB resolution is reassuring. (It) will bring relief to startups," Vaishnaw told PTI.
-
Germany Wants to Ease Visa Application Process, Relax Language Requirements for Indian IT Workers: Report
German Chancellor Olaf Scholz said Sunday that his government wants to ease the path for Indian information technology experts to obtain work visas in Germany. "We want to simplify the issuing of visas. We intend to modernize the whole bureaucratic process in addition to legal modernization," Scholz said while visiting India's Silicon Valley in Ben...
-
Facebook Parent Meta Asked by Shareholder to Cut Jobs, Spending in Open Letter to CEO Mark Zuckerberg
Meta shareholder Altimter said on Monday that the Facebook parent needs to cut jobs and spending, as the firm has lost investor confidence as it ramped up spending and pivoted to the metaverse. The hedge fund, which has a 0.1 percent stake in the company said that huge investments "in an unknown future is super-sized and terrifying, even by Silicon...
-
Apple Prohibits Caste-Based Discrimination With Update in Employee Conduct Policy
Apple emerges as an early leader in policies to rid Silicon Valley of caste-based discrimination. Apple updated its general employee conduct policy about two years ago to explicitly prohibit discrimination on the basis of caste. Inclusion of caste as a category goes beyond the US discrimination laws, which do not explicitly ban casteism. Several co...
-
Elon Musk Says Tesla Losing Billion of Dollars at Texas and Berlin Units, Blames Chip Shortage
Tesla head Elon Musk recently mentioned in his interview to the Tesla Owners Silicon Valley that the company is losing billion of dollars at its units in Texas, Berlin. He put the blame on battery shortage and China port issue.
-
HSBC Taps Into Virtual Reality With Metaverse Portfolio For Rich Asian Clients
HSBC Holdings has launched a fund to capture investment opportunities in the metaverse for its wealthy clients in Hong Kong and Singapore as financial services companies tap into Silicon Valley's new virtual reality.
-
Facebook-Parent Meta No Longer Requiring COVID Booster Shots for Staff in US Offices
Facebook-owner Meta is no longer requiring employees to have COVID-19 boosters to enter its offices in the US, a company spokesperson said on Friday.
-
Twitter to Welcome Workers Back to Office Starting March 15, Will Continue Allowing Remote Work as Well
Twitter's new chief Parag Agrawal said it will reopen offices globally this month but let people work remotely if they wish, as many businesses end closures put in place to fight the spread of COVID-19.
