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Subscribe to enjoy similar stories. Central government support to upcoming semiconductor assembly and testing factories is set to shrink by more than half, in a development that experts say signals a shift towards prioritizing greater value-added offerings instead.

Subscribe to enjoy similar stories. Two years after ChatGPT took the world by storm, generative artificial intelligence seems to have hit a roadblock. The energy costs of building and using bigger models are spiralling, and breakthroughs are getting harder.

ICT and semiconductor components in its productivity-linked incentive scheme (PLI) to promote manufacturing in the country, as about 85% of these are currently imported, said Jason Oxman, president, Information Technology Industry Council (ITI). “The opportunity for India to focus a programme of incentives on the ecosystem in semiconductors and in ICT is a big one,” Oxman said, adding that the global industry body has suggested this to the government. The ITI represents the likes of Google, Meta, Dell Technologies, HP, AMD, Applied Materials and others.

Federal Reserve cut interest rates by 50 basis points and indicated more rate cuts were on the horizon. Heavyweight stocks that have enjoyed much of this year's stock market rally made fresh gains, with Tesla surging over 7%, and Apple and Meta Platforms each up almost 4%.

M2P Fintech, a software services provider for banks, is in the process of closing a new funding round of around $80 million in a mix of primary and secondary deals. Africa-focused investment firm Helios Investment Partners is leading the round along with participation of Bank Muscat, said two people in the know. According to filings made with the Registrar of Companies, accessed through Tofler, Helios will invest around $50 million in the company, picking up a stake of almost 6.5%.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

unit 8200, that is specialized in cyber warfare operations. It boasts of some of the world's best hackers and intel operatives who carry out some of the most dangerous cyber operations in the world, including tapping into communications of secure servers of enemy countries. However, this time they have come up with a rather 'innovative' idea.

Sean Diddy Combs, the hip-hop mogul, known for his brilliant contacts in the music industry and even in the Royal Family, has not been granted bail and will be kept in prison during the trial for quite some now. With his case going to a grand jury, anything can happen at the trial, and he may face severe prison time for his alleged deeds, that even involve coercing women for 'fulfilling his sexual desires'.

Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...

Mark Robinson who had various plans of campaign events lined up are eventually getting cancelled and it is in rumors and people are speculating that Mark Robison is facing pressure situations from the Republican Party as the reason behind those cancellations. According to CBS 17 reports, Lt. Gov. Mark Robinson was absent at the rally which was lined up to happen alongside JD Vance in Raleigh. It is still pretty unclear that what is the status of Mark Robinson’s campaign, whereas personalities inside the Republican Party has already started talking about the situation of Mark Robison leaving and what might happen following that. According to the CBS 17, the Ballots will be mailed for the military and the overseas voters and its starting is scheduled on Friday. Also Read :Jujutsu Kaisen Chapter 270 release date, time, spoilers: Details here

Diddy's arrest. In response to Diddy's felony charges and arrest, Shyne Barrow has shared his thoughts. Days after Sean Combs was charged by New York prosecutors with racketeering and sex trafficking, the former Bad Boy artist made a statement. On Tuesday, September 17, a judge denied Sean Combs' request for bail, and on September 18, another judge remanded him into custody. This implies that Diddy will spend the time leading up to and including his trial incarcerated at the Metropolitan Detention Center in Brooklyn, New York.

A journalist and copywriter with a decade's experience across music, video games, finance and tech.

After surpassing $12.6 million in presale funding on Wednesday, Pepe Unchained ($PEPU) made another splash with a developer grant announcement on X (formerly Twitter) to start building its ecosystem.

Congress on Thursday slammed the NDA government in Bihar over the incident of setting ablaze of houses in Nawada, saying it is another proof of the "jungle raj" prevailing in the state and exposes «the horrifying picture of injustice against the Bahujans» there. While Congress leaders pegged the number of houses set ablaze at over 80, police said about 21 houses were set on fire in Nawada district. Leader of Opposition in the Lok Sabha Rahul Gandhi said, «Burning down the entire Mahadalit colony in Nawada and destroying the houses of more than 80 families is exposing the horrifying picture of injustice against the Bahujans in Bihar.»

Zach Bryan tweeted something really pretty controversial and eventually ended up deleting the tweet along with his twitter account following backlashes from Taylor Swift fans and normal people. Zach Bryan had posted that Eagles are better than Chiefs and obviously Kanye West is better than Taylor Swift and asked his followers that who is in his support, reported People. Following the deletion of the twitter account, Zach Bryan posted a string of apologies on his Instagram handle seeking apology from everyone and giving his own side of justifications. Zach Bryan added that he was listening to the latest album of Taylor Swift which is ‘Fortnight’ which also features Post Malone and was comparing it to other songs while he ended up posting such a bad tweet and apologized for his mistake and asked for forgiveness because he is a human at the end of the day, said People. Also Read: Is The Boys being cancelled after Season 5? Here’s what Giancarlo Esposito revealed

Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market kept rising

Journalists at a news site that covers issues facing the Haitian community in the United States say they've been harassed and intimidated with racist messages for covering the false story about immigrants eating the pets of people in Springfield, Ohio

Olive Garden is teaming up with Uber to offer delivery for the first time

The number of Americans applying for unemployment benefits fell to their lowest level in four months last week

The judge who will decide whether Google holds a monopoly over technology that matches buyers and sellers of online advertising must choose whether to believe what Google executives wrote or what they’ve said on the witness stand

Sharp is actively scouting for an Indian partner to set up a display fab under the India Semiconductor Mission's (ISM) scheme for display fabrication facilities, people aware of the developments told ET. Sharp is in talks with several Indian players and top executives from its display vertical have met with potential partners, one of the sources said. «They have received a positive response from some and are in advanced stages of discussion and should announce their partner by the end of the year,» the person said. «Sharp has engaged in setting up display fabs for partners in other countries like China, Korea and Taiwan. In India, too, they are looking at a similar strategy wherein they are looking to partner with a strong Indian player who will take the lead on the project and they will provide their technical expertise,» the person said.