Schools Financial News

Universities are in a race for relevance in the field of generative AI as private companies, loaded with talent and pricey chips, drive the conversation. Outspent by Silicon Valley, some are turning their research focus to less computing-power intensive areas of artificial intelligence, even as they seek to build additional computing resources capable of powering bigger models. “Academic institutions are scrambling to get access to compute," said Hod Lipson, chair of the mechanical engineering department at Columbia University.

HCLTech chairperson Roshni Nadar Malhotra was conferred France's highest civilian honor, the Chevalier de la Légion d'Honneur (Knight of the Legion of Honour), the company said on Monday. The award, which is conferred for outstanding service to France, recognised Nadar Malhotra’s business and sustainability contributions and efforts to promote economic ties between France and India, HCLTech said.

labour ministry has issued a notice to the management of One97 Communications, the parent firm of Paytm, for alleged forced termination of employees. Regional Labour Commissioner, Bengaluru, issued a notice to One97 Communications after some Paytm employees filed a complaint with the labour ministry, accusing the company of violating labour laws and forcing terminations without pay.

Infrastructure, Atmnanirbhar Bharat and digitisation which will continue to see higher focus in Budget 2024,” says Sandeep Raina, Executive Vice President- Research, Nuvama Professional Clients Group. In an interview with ETMarkets, Raina said: “We expect some minor volatility in 2H2024; however, it will likely be a stock picker's market rather than a broad-based rally, which we have seen over the last 15 months,” Edited excerpts:

The regulation for AI will need global coordination between like-minded countries, Vaishnaw said.

digital artists are adding to their income in a unique way – they are selling prompts for AI tools on a slew of online marketplaces, addressing one of the biggest challenges faced by lay users — knowing the correct prompt. Sites such as PromptBase, Ai4Prompt, Etsy, Promptrr.io and many others feature unique prompts for AI tools like Midjourney, Sora, Dall-E, Stable Diffusion, MetaAI, LumaAI, Gemini, LeonardoAI, which generate artistic AI images. However, users attempting to unlock the right image must necessarily know the correct prompts.

Apple said on Friday it has approved Epic Games' games marketplace app on iPhones and iPads in Europe, after the "Fortnite" maker escalated its feud with the technology giant, accusing it of hindering its efforts to set up a games store on the devices. Apple said the latest spat concerned the Epic Sweden AB Marketplace and has nothing to do with the video games maker's Fortnite app which has already been given the green light.

Godrej Enterprises Group (GEG) — comprising the unlisted Godrej & Boyce and several closely held affiliates — is understood to be working on a strategic plan with the Boston Consulting Group to create integrated and scalable consumer and industrial solutions businesses. GEG aims to tap into synergies offered by business adjacencies to accelerate its growth after a recent realignment of revenue streams and companies in the century-old Godrej Group.

Narendra Modi Wednesday said violence in Manipur is continuously declining and schools have reponed in most part of the state, and efforts are being made to ensure a return of complete peace. Speaking in Rajya Sabha, Modi said the Centre was working with the state government and others to restore normalcy in the state.

has appointed Tushar Vikram as its new country head and CEO of India, starting June 2024, said a statement issued today. In his new role, Vikram will lead the bank’s operations in India, driving the strategic direction and growth in the country.

Tata Consultancy Services (TCS) reported a sequential 3.16% drop in net profit in the June quarter due to the impact of wage hikes for many of its 600,000-plus workforce and an unabated slowdown in demand. TCS posted a net profit of Rs 12,040 crore, below analyst expectations but 8.7% up from the year earlier. It reported revenue of Rs 62,613 crore, up 5.4% from the year earlier and 2.25% sequentially. The company didn’t signal any significant uptick in technology services demand, which has hit an all-time low due to macroeconomic uncertainties and geopolitical strife that’s impacted the key markets of the US, the UK and Europe. Much of the incremental growth came from the Rs 15,000 crore deal with state-owned telco Bharat Sanchar Nigam Ltd (BSNL) signed last year that led to its India business showing a jump of 61.8% from the year earlier.

Muzaffarnagar: Indian-origin candidate Kanishka Narayan, who won the UK general elections from Wales as a Labour candidate, draws his roots to Muzaffarpur in Bihar. Kanishka's uncle Jayant Kumar, who is also the director of SKJ Law College, said that his nephew has made not just Muzaffarpur, but the entire country proud. Jayant said, «Kanishka is my younger brother's son. He left his job to attend the elections. He has always been into politics.»

Tata Digital as CEO, the resignation of Paytm Payments Bank MD and CEO Surinder Chawla, and the appointment of Rakesh Singh as CEO of Paytm Money, among others. ET analysed the top-level movements with data from executive search firm Longhouse Consulting.

Catch all LIVE Updates here on Karnataka SSLC Supply Result 2024Karnataka SSLC Supply Result 2024 Live: The KSEAB Class 10 supplementary results will be announced at 11.30 am. Keep your admit card in hand to check scores.Karnataka SSLC Supply Result 2024 Live: It is advised to all the candidates to keep their admit card in hand to check the marks after it is released.A total of 73.40% students cleared the examination this year, which means a total of 859967 appeared for the examination, out of which 631204 candidates passed.

Organizers of a proposed ballot initiative to legalize recreational marijuana in North Dakota have submitted petitions

Zerodha chief executive officer Nithin Kamath has sought tax exemptions for startup investments, which he believes will eventually help address the unemployment issue plaguing the country. Taking to microblogging site 'X' (formerlyTwitter) days before the presentation of the Union Budget for FY25, he said that encouraging entrepreneurship is one of the ways to tackle unemployment.

OfBusiness posted a 25.7% rise in operating revenue to Rs 19,296.27 crore for the financial year ended March 31, 2024. The company’s consolidated net profit also increased by 30% to Rs 602.97 crore from Rs 463.25 crore a year ago. Total expenses grew to Rs 18,695.75 crore in FY24 from Rs 15,037.46 crore a year ago. A significant amount of the expenditure was attributed to the purchase of stock-in-trade amounting to Rs 13,339.64 crore. The cost of materials consumed increased to Rs 3,595.39 crore from Rs 2,719.67 crore in FY23.

deepfakes of someone’s face becomes much easier, YouTube has introduced minor adjustments to simplify reporting videos that misuse your image without permission. One can now submit a request to YouTube to take down deepfakes through the privacy request process. However, the company will verify whether the content is a parody or satire. Not only that, the video uploading platform will check whether the person requesting to take down the content is a real human or a bot. In the past, one could only report these impersonations as being misleading.

lawyer who avoided prison time after pleading guilty to insider trading must pay a $1.15 million fine in a related U.S. Securities and Exchange Commission civil case, a federal judge ruled on Tuesday. U.S. District Judge William Martini in Newark, New Jersey, said that while Gene Levoff «was not living excessively, his violations were nonetheless especially egregious» given the lawyer's former role enforcing Apple's insider trading policies.

semiconductor equipment maker ASML said in an interview with Dutch radio station BNR on Saturday that US-China disputes over computer chips are ideological and not based on facts, and they are set to continue. Wennink left in April after a ten year term at the helm of ASML that saw it become Europe's largest technology firm. Since 2018, the US has imposed increasing restrictions on what tools the company can export to China, its second-largest market after Taiwan, citing security concerns. Most recently the US has sought to keep the company from servicing equipment already sold to Chinese customers.

Alibaba's international e-commerce unit is tapping generative AI-powered tools to help cross-border merchants with translation, content creation and product returns, group vice president Kaifu Zhang said. Speaking on stage at the Next Conference in Singapore, the executive, who heads Alibaba International Digital Commerce's artificial intelligence (AI) initiative, said he was bullish on AI's potential for the company, even in the face of increasing tensions between China and the U.S.