Schools Financial News

Elon Musk said on Monday his artificial intelligence startup xAI would open-source its ChatGPT challenger "Grok" this week, days after he sued OpenAI for abandoning its original mission in favor of a for-profit model. The billionaire has warned on several occasions against the use of technology for profit by big technology companies such as Google.

authors have filed a lawsuit against graphics processing unit (GPU) giant Nvidia for illegally training its artificial intelligence (AI) platform NeMo on their copyrighted works. This is another development in the growing tensions globally involving intellectual property right holders and companies that make AI models, resulting in similar lawsuits that saw entities such as Microsoft and OpenAI cross swords. Here's an explainer of what the Nvidia lawsuit says and what these concerns are.

A wave of legislative changes has driven an increase in financial literacy education across US high schools over the past two years, according to new research from the Council for Economic Education.

Byju's is undergoing a cost-cutting initiative and restructuring drive that includes downsizing some of its smaller assets across the country. To achieve this, the company has identified multiple offices and tuition centers ranging between 500 and 1,000 sq ft across 17 cities.

Madras High Court ruling as «atrocious,» the Supreme Court has agreed to examine a plea challenging the judgment related to watch and downloading child pornographic content privately. The Madras High Court had asserted that simply downloading and watching child pornography does not constitute an offense under the Protection of Children from Sexual Offences (POCSO) Act and the Information Technology law. The High Court's decision, which was delivered on January 11, garnered widespread attention as it quashed criminal proceedings against a 28-year-old individual accused of downloading pornographic material involving children on his mobile phone. According to the High Court, the existing laws do not consider mere viewing of child pornography as an offense under the Information Technology Act, 2000. Expressing concern over the prevalence of pornography consumption among today's youth, the High Court suggested a more nuanced approach to address the issue. It emphasized the importance of education and counseling rather than punitive measures. The ruling highlighted the necessity of guiding and advising young individuals who may be grappling with the consequences of exposure to adult content.

Mahip Dwivedi as vice president of marketing. He was the chief marketing officer at Tyke Investment before starting in his new role in December. Dwivedi will spearhead Pepperfry’s marketing strategy, brand communication, performance marketing, retention and public relations functions.

Deccan Herald (DH) report, IT professional working at multinational companies have been moving back to their hometowns. Citing the example of a resident of Bengaluru's Ayyappa Nagar, Sumantha, the DH report said that he and his wife faced severe shortage of water, despite paying hefty rent. "The water crisis forced us to move temporarily.

Chip giant Qualcomm's vision and plans in the domains of semiconductors, AI and other emerging techs have caught the attention of Indian business magnate Gautam Adani. The Adani Group chief shared details of his meeting with Qualcomm CEO Cristiano R Amon on social media on March 11, saying that he is enthused by the chip giant's work.

By Abraham Achirga and Seun Sanni

Nidhi is the mother of 14-year-old Abeer, and has been having difficulty managing his demands. She keeps a close watch on how the money is spent and is confident that her son doesn’t have any bad habits. However, Abeer wants the latest electronic gadgets, money to spend in school every day, and over the weekends, when he is out with friends. He dislikes discussions about money and is quick to label any advice as a sermon. Nidhi wants him to imbibe the right values about money and spending. She wants him to learn good money habits, but wonders if it’s too late. Nidhi needs to realise that Abeer is at an age where he will learn best from his own experience, not through advice or discussions.

general elections shall impact the sales of laptops, desktops and other IT hardware in the first half of 2024 as the government will slow down IT procurement spending, industry experts told ET. In the commercial segment, IT hardware sales in the first half of the calendar year are expected to remain flattish at the year-earlier levels of about 2.9 million units which was already comparatively weak, according to data from market tracker firm International Data Corporation (IDC). When compared to the first half of calendar year 2022, the segment might see a decline of 24%, IDC said. Consumer sales might also follow a similar pattern as sales might drop by 17% to 3.4 million units when compared to the first half of 2022, IDC predictions showed.

Leena Nair. Reflecting on her journey, she said, «Over the past decade, residing in London, I've been increasingly exposed to luxury brands. My first exquisite Chanel bag remains one of my most cherished possessions. Now, my life has transformed, attending numerous fashion shows across the world.»

strict scrutiny of cobranded credit cards – a sector that has seen strong growth recently – in recent times is aimed at preventing backdoor entry into the highly regulated credit card industry, people aware of the situation told ET. The central bank wants to strengthen regulations on cobranded credit cards, they said.

startups — Fashinza and Virgio — backed by the likes of Accel and Alpha Wave have initiated a process to return most of the capital they had raised, after a change in their business models, people aware of the matter said. Both had failed to find traction in the original business plans for which they had raised the funds and so are now returning part of the money, the people said.

pension funds in Canada and a leading global investor, has appointed former Deloitte chief executive N Venkatram as the country chair for CDPQ India. Venkatram, known as Venkat, will join the fund on April 1, 2024, and will also be a member of CDPQ's global management team, the company said. Venkat served as the CEO and managing partner of Deloitte South Asia from 2015 to 2023. He was also on the global executive of Deloitte Touche Tohmatsu, and Asia Pacific executive as well as a member of the South Asia board and the executive committee for 12 years.

leadership roles at companies has remained unchanged over the past five years, shows a study, suggesting that corporate India still has a long way to go to ensure gender equality at decision-making levels. At leadership roles like director, vice president, CXO, or partner at Indian companies, there are currently two women compared with 10 men, the same as in 2020, according to the findings of the study by professional networking platform LinkedIn and shared exclusively with ET.

Bihar's economy has grown faster than the national economy. Its annual growth rate averaged 7% during the 2000s, and 7.5% during the 2010s (until 2019-20). In comparison, the national economy grew at 6.3% and 6.6% annually during these periods, respectively. Bihar has also made remarkable progress in closing the gap in education, health and basic amenities. Its gross enrolment ratio (GER), sex ratio at birth, life expectancy, infant mortality, and availability of electricity, drinking water and sanitation have improved significantly to levels only slightly below the national average. Yet, in terms of per-capita income, it has remained India's poorest state. This is due to a very low level of initial income preceding the growth spurt and a high population growth rate, which inhibited conversion of higher GDP into the acceleration of per-capita income.

Startups in the country are “lost in the maze of existing regulations and controls that are applied to them sometimes even retrospectively”, Anand Mahindra, chairman Mahindra Group, said and called for increased ease of doing business for new enterprises. Delivering the 4th Annual Atal Bihari Vajpayee Memorial Lecture on ‘The role of industry in building a resilient and resurgent India’, Mahindra highlighted the importance of the government and industry working in a collaborative manner to achieve scale, innovation, and global reach.

Viksit Bharat, Viksit Northeast' programme at Itanagar, Arunachal Pradesh. During the programme, the Prime Minister virtually inaugurated and laid the foundation stone for multiple development projects worth Rs 55,600 crore in 6 North Eastern States, including the inauguration and laying of the foundation stone for multiple development projects worth over Rs 8500 crore for Tripura and Northeast. On this occasion, the Prime Minister said that he considers the dreams of the people of the country to be his own. The objective of this government is to ensure a pucca house for every family in the country, free rations, pure drinking water, health care service and internet service. The central government is working on the concept of Ashtalaxmi to boost development in the Northeast.

Siddaramaiah has received several requests via social media to make work from home mandatory for IT companies in the Silicon Valley. The CM was also requested to allow schools to function online. Residents of Bengaluru, and different resident groups have said that if the online work model worked during Covid-19, it will work during water crisis too.

Popular Vehicles & Services IPO: Popular Vehicles & Services is all set to hit the primary market with its initial public offerings (IPO) on Tuesday, March 12. The public issue will remain for subscribers till 14th March 2024 i.e.