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Italy's data protection agency said on Friday it had opened an investigation into a service developed by Microsoft-backed OpenAI that can generate videos based on text prompts. The regulator, known as Garante, asked OpenAI to clarify whether the way it informs users and non users about the data it employs for its product, known as Sora, is in line with European Union regulations.

Tie-Con Delhi-NCR, Electronics and IT Secretary S Krishnan said that the government will invite bids from the industry under the mission and provide viability gap funding for GPU-based computing infrastructure. «The entire GPU approved under the mission will be made available in the next 18-24 months,» Krishnan said.

The theme for International Women’s Day this year is focusing on inspiring inclusion and investing in women, and it couldn’t be more timely for the financial advice industry. 

deals. Companies in seed, early and late stages had raised about $147 million from 33 rounds during March 2 to March 8, 2023, as per data from Tracxn.

Hailing from a prestigious tenure at Kotak Securities, where he held the esteemed position of Vice President in the technology domain, Amit brings a wealth of expertise to his new role. He has also served a notable stint at Angel One Broking, further bringing out his reputation as a luminary in the field.

Karnataka high-level clearance committee chaired by chief minister Siddaramaiah on Friday approved an investment of Rs 2,095 crore from Wistron Infocomm, along with six new proposals and eight additional investment proposals. Wistron Infocomm has sought 15 acres of land at Narasapura industrial area in Kolar to assemble smartphones, IoT products and biotech devices.

During his state visit to India in January 2024, French President Emmanuel Macron made a significant announcement regarding the launch of Classes Internationales, a ground-breaking program for Indian students seeking higher education in France. The initiative, detailed in a joint statement signed by President Macron and Prime Minister Modi on 26th January 2024, aims to facilitate Indian students' immersion in the French language and academic methodology at prestigious French universities before embarking on their chosen academic degree path. It reaffirms France's commitment to widening opportunities for Indian students and joins other major developments such as the introduction of the 5-year short-stay Schengen visa for Indian graduates, India's emergence as the largest recipient of academic scholarships from the French government, the signing of the MoU on the mutual recognition of academic diplomas between France and India in 2018, and the setting of a target to welcome 30,000 Indian students to France by 2030.

Indian Army, in conjunction with the Indrani Balan Foundation based in Pune, has extended a lifeline to Master Burhan, a 9-year-old boy hailing from Baramulla, Kashmir. Suffering from a critical heart condition, Master Burhan found himself in dire need of medical intervention, a need that was promptly met by the collective efforts of these two entities. Master Burhan, a student at the Dagger Parivaar School in Baramulla, faced not only the challenge of his health but also the burden of financial constraints within his family. However, the timely intervention of the Indian Army and the Indrani Balan Foundation ensured that he received the necessary medical attention without delay. With the support of the Dagger Division, Burhan underwent an initial evaluation at Government Medical College, Baramulla, on December 22, 2023. With a coordination between medical experts from both the Indian Army and the Indrani Balan Foundation, Pune, Master Burhan was swiftly transported to the Army Hospital Research and Referral Hospital in Delhi Cantt. There, a team of doctors and professionals helped Burhan to navigate through the medical and financial hardships.

Meta Platforms for allegedly failing to protect some users of online marketplaces operated by Facebook and Instagram against fraudulent transactions, news reports said on Friday. The Korea Fair Trade Commission (FTC) had investigated possible violations of the country's e-commerce law and had sent an examination report to Meta late last year, Yonhap news and the Dong-a Ilbo newspaper reported, citing unnamed sources.

Female founders in India face funding biases, receive $300 million in nine-month In the Tech startup ecosystem in India, $8.7 billion was raised in 2023, with companies having women founders raised $1.15 billion, a share of 13% as per the data. In the current calendar year, women-led startups have witnessed $112 million in funding almost in line with $123 million raised in the first two months of 2023. Former Flipkart employees turn bosses, own more than 40 startups: Report Notably, the Indian Tech startup ecosystem ranks second after the US in terms of funding raised by companies with women founders.

Masashi Kishimoto, the creator of Naruto, put out heartfelt statements, mourning the loss of their "inspiration". The news of Akira Toriyama's death was confirmed by Bird Studio, the manga company that Toriyama founded in 1983. “It’s our deep regret that he still had several works in the middle of creation with great enthusiasm," the studio wrote in a statement.

Sudha Murty has been nominated to the Rajya Sabha by President Droupadi Murmu, Prime Minister Narendra Modi announced on March 8 via social media platform X. PM Modi expressed his delight at Murty's nomination to the Upper House, emphasising the significant role it plays in showcasing 'Nari Shakti' or Women Power. Sudha Murty's nomination, disclosed by Prime Minister Modi, coincides with the celebration of International Women's Day.

GetVantage, an alternative-financing fintech platform, announced the launch of its Rise-Up Fund, dedicated to supporting women entrepreneurs businesses with inclusive capital. This non-dilutive fund with an initial corpus of Rs100 crore and aims to deploy the capital in the next 12 months to help over 400 women-led businesses scale up. GetVantage will disburse the funds through its own NBFC GetGrowth Capital, along with Varanium’s Debt Fund partnership, among other NBFCs and AIFs.

bike taxi services owing to what the Congress regime sees as an apparent lack of encouraging response from ride-hailing services to offer services with electric two-wheelers and gross misuse of the present policy. Transport department has withdrawn the Karnataka Electric Bike Taxi Scheme, notified on July 14, 2021. ET had on February 9 reported the government planned to end the bike taxi scheme in the state.

New Mexico’s State Land Office will withhold lease sales indefinitely on its most promising tracts for oil and gas development in the Permian Basin as it seeks approval by the state Legislature to increase top-tier royalty rates

Trump administration has raised concerns over the revival of the anti-immigration agenda in the US, even as the tech industry is already ringing alarm bells about the H-1B visa fee hikes. The unprecedented fee hikes are likely to be implemented from 2025. Next year, the H-1B visa registration fees are to increase 2,050% from $10 to $215, while the application fee will increase 70% from $460 to $780. Initial registrations for the fiscal 2025 H-1B cap began March 6 and will continue till March 22.

Rahul Sharma, Director & Head — Technical & Derivatives Research, JM Financial Services, says “the bull market is very much on. Individual stocks may witness correction because there was definitely a lot of euphoria and over-optimism, especially in smallcaps. So, there we are seeing pullbacks happening. But once the largecaps are done with, the second leg of the rally could very well spill over to the mid and smallcaps which is where we might see another rally happening, possibly in April and ahead.”

high-performance computing (HPC) in India. “This collaboration is intended to spur and support the growth of India’s developer community, with a focus on processor design, system design, firmware, and application development, including contributions to open source initiatives,” IBM said in a statement.

Chief Financial Officer Programme in partnership with Emeritus, a global pioneer in offering accessible and affordable high-quality education to individuals and organisations. This programme has a 'Triple crown’ of accreditations from EQUIS, AACSB and AMBA. This 9-month programme is curated for new and evolving CFOs on leading new and existing financial strategies for competitive advantage and augment business value as well as for senior-level professionals who aspire to take charge of the CFO role and other financial leadership roles in the future.

Artificial Intelligence (AI) Mission, aimed at creating computing infrastructure in public-private partnership (PPP) mode. Union commerce minister Piyush Goyal said, at a press briefing in New Delhi, that the mission will be focussed on seven areas.

schools are facing the possibility of temporary closures due to the city's escalating water shortage. The lack of water not only affects educational activities but also leaves children vulnerable to the scorching heat, with temperatures already exceeding 30 degrees Celsius. The city is experiencing a severe shortfall, needing 2,600 to 2,800 million litres of water per day but facing a deficit of over 1,500 MLD. More than 3,000 bore wells in the city have dried up, and 223 of the state's 236 talukas are affected by drought. City's Water Crisis The city's water crisis has reached such an acute stage that schools and residents willing to pay for water tankers are struggling to secure supplies. The destruction of lakes in Bengaluru, once known as the 'city of lakes,' has aggravated the situation. To address the crisis, the state government has taken over private water tankers, deploying over 200 on a contract basis to standardize rates.