Schools Financial News

GenAI startups have become a focal point for companies and VCs, whose investments range from healthcare and finance to robotics. According to the Stanford report, private investment in GenAI has increased to $25.23 billion in 2023 from less than $5 billion in 2022. From top companies such as Google, Microsoft, Apple, Nvidia to Salesforce and AMD, no one wants to be left behind in the AI race.

Funding for AI startups in India stood at $8.2 million in the April-June quarter, declining about 91% sequentially and by 82% year on year, data sourced by ET from market tracking firm Tracxn showed. This, however, comes on a nearly 110% sequential growth in funding in the previous quarter, and 56% in the quarter ended December 2023.

GenAI to improve their customer interface and get a leg up on their younger, disruptive competitors, report Beena Parmar & Annapurna Roy A slew of banks, including the country’s largest lender, State Bank of India (SBI), as well as its private sector peers HDFC Bank, Axis Bank and IndusInd Bank, are turning to generative artificial intelligence (GenAI) to radically change the way their services are consumed, leading to ease of use and better engagement with customers.

Donald Trump announced Ohio Senator J.D. Vance as his running mate for the upcoming U.S. presidential election. Vance, once a vocal critic of Trump, has since become a staunch ally, marking a significant turnaround in their political relationship. Trump made the announcement via his social media platform, Truth Social, during a Republican Party convention in Milwaukee, which was heightened by the recent attempt on Trump's life. Born James David Bowman in 1984 in Middletown, Ohio, Vance's upbringing in the struggling Appalachian coal country shaped his perspective. After serving in the Marines and earning degrees in political science and philosophy from Ohio State University and Yale Law School, Vance gained national attention with his memoir "Hillbilly Elegy."

Tom Crooks is the name of an individual who tried to assassinate former US President Donald Trump on Saturday. While the FBI is investigating the incident and the motive behind this dastardly attack, there is little known about this 20-year-old assassin. This resident of Pennsylvania graduated from the Bethel Park High School in 2022. His classmates expressed their shock at the incident and were surprised that the classmate who appeared to be an introvert could be involved in something as serious as an assassination plot. Many of his classmates described Crook as a reticent student who had a helping nature. This then raises a question as to what prompted an introvert to shot at a former President of the US?

Elon Musk said on Monday the automaker was taking extra time for its robotaxi event for an important design change to the front of the vehicle and «show off» some other things. Musk did not disclose when the automaker would hold an event to launch its robotaxi.

These are designed for exceptional performance across a variety of demanding applications, including gaming, content creation, and software development, said the Santa Clara, California-based company.

West Bengal Transport Department is set to introduce a uniform driving test module for driving licence applicants, aimed at enhancing the effectiveness of learning based on the prescribed syllabus, an official said on Monday. According to the official, the module will consist of a uniform computer-based question and answer test, which applicants will need to complete before taking the final driving test. Once approved, this module will be made available on the Transport Department's website. This decision was taken during a meeting chaired by Transport Secretary Saumitra Mohan, the official added.

Thomas Matthew Crooks, the 20-year-old gunman who shot and injured former President Donald Trump at a Pennsylvania rally, briefly appeared in an advertisement for BlackRock Inc., the company said on Sunday. 

Apple's shares rose about 2% on Monday after Morgan Stanley raised its price target on the iPhone maker's shares and designated the stock as a «top pick,» citing the company's AI efforts as a boost to device sales. In what was seen as a move to catch up with Alphabet's Google and Microsoft-backed OpenAI, the iPad maker last month unveiled Apple Intelligence, luring customers to upgrade their devices to be able to use the new technology.

Swiggy on Monday said it will buy back employee stock ownership plans (Esops) worth $65 million across levels, in what would be its fifth such exercise. So far, the company has cumulatively enabled over Rs 1,000 crore of Esops liquidity over the five events, benefiting more than 3,200 employees.

China’s extraordinary growth over three decades was fuelled by exports and domestic capital spending. At the peak, it enjoyed an 8% net export surplus consistently, which led to an accumulation of massive foreign exchange. On the other hand, its very high domestic savings rate was deployed to build infrastructure and expand industry.

Pennsylvania man,Thomas Matthew Crooks, has been identified as the suspected shooter who tried to assassinate former president Donald Trump at a campaign rally this weekend. Secret Service snipers killed Crooks on Saturday after he fired multiple shots at the rally in Butler, Pennsylvania, from a nearby rooftop. As authorities seek to understand his motivations, here is what we know of the alleged gunman:

Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter told Reuters on Sunday. A deal could come together soon, the source said, requesting anonymity as the discussions are confidential.

Raymond Lifestyle (RLL), the demerged entity of the ₹9,286-crore conglomerate Raymond, has appointed some top executives of India Inc as independent directors ahead of a possible listing next month. Vineet Nayar, former chief executive of HCL Technologies, GC Chaturvedi, former chairman of ICICI, Anisha Motwani, board member of Abbott, and Raymond director Dinesh Lal have been appointed as independent directors. The appointments were made earlier this month, people aware of the development told ET.

2023 hit the Indian gaming industry like a never-ending blizzard, akin to a real-life rendition of Murphy’s Law — everything that could go wrong, did go wrong. First up, some states banned real money games (RMG) such as poker to prevent harm to children and young adults. It was followed by a policy flip-flop on permissible and non-permissible games, and finally, the imposition of a 28 per cent goods and services tax on the sector.

National Testing Agency (NTA) has decided to conduct a retest for over 1000 candidates of CUET UG on July 19. The NTA had on July 7 released the provisional answer key of Common University Entrance Test (CUET)-UG 2024 and announced that it will conduct a retest for CUET UG candidates between July 15 and 19 if any grievance raised by students about the conduct of the exam is found to be correct. While the agency notified the retest schedule on Sunday, it remained silent on the declaration of the result which has already been delayed by over two weeks with the final answer key not yet notified. The delay in CUET-UG results comes amid a raging row over alleged irregularities in competitive exams, including NEET and NET.

She wound up there the same way as the other 300 children: as part of the Kindertransport, an effort to rescue Jewish children from the Nazis—put on a train to that Swiss boarding school by her mother and grandmother, shortly after her father was taken from their home in Frankfurt. It was January 1939. She was 10 years old and would spend her entire adolescence at that bleak way station for young refugees.

OpenAI whistleblowers have filed a complaint with the U.S. Securities and Exchange Commission, calling for an investigation over the artificial intelligence company's allegedly restrictive non-disclosure agreements, according to a letter seen by Reuters. «Given the well-documented potential risks posed by the irresponsible deployment of AI, we urge the Commissioners to immediately approve an investigation into OpenAI's prior NDAs, and to review current efforts apparently being undertaken by the company to ensure full compliance with SEC rules,» according to the letter, which was provided to Reuters by the office of Sen. Chuck Grassley.

Oravel Stays Ltd is set to appoint Sumer Juneja, Managing Partner and Head of EMEA & India Investing at SoftBank Vision Fund, as a non-executive director on its board, sources said. The appointment is subject to shareholders' approval to be sought at an Extraordinary General Meeting (EGM), according to information accessed by PTI. Sumer will join Oravel Stays' Board as a nominee director of Softbank.

Fazilka district administration in Punjab has launched a 'bag-free day' initiative in government primary schools to foster creativity and provide stress-free learning experience for students, officials said on Sunday. Under this initiative, students need not bring school bags on the last Saturday of every month, they said. Fazilka District Education Officer Shiv Pal said there will be no regular classes on 'bag-free' days and co-curricular activities such as rafting, storytelling, class discussions and yoga, will be conducted instead of traditional classes, the officials said. The initiative is aimed at providing a stress-free learning experience, enhance creativity and skills and for holistic development of children, they added.