Elon Musk reportedly attempted to obstruct a landmark artificial intelligence partnership between OpenAI and the United Arab Emirates unless his own startup, xAI, was brought into the fold, according to people familiar with the matter cited byThe Wall Street Journal. The deal, announced on 22 May, involves a consortium of major American tech companies led…
Amazon has unveiled a new, generative AI-powered Alexa, its popular digital assistant, saying it is ready for a world of “ambient computing”. AI in your spectacles, watches, rings and even embedded under your skin. Is this the next big shake-up that tech is about to see? What exactly is ambient computing? Put simply, ambient computing…
Mumbai: The Reserve Bank of India (RBI) on Wednesday lifted the restrictions on Kotak Mahindra Bank, allowing it to issue new credit cards and onboard new customers through its website and mobile app, nearly 10 months after an embargo was imposed on it. “Having satisfied itself based on the submissions, and remedial measures undertaken by…
Cisco Systems is set to lay off thousands of its employees in a second round of job cut this year, said a report by news agency Reuters. The San Jose, California-based networking equipment maker is shifting its focus to faster-growing businesses such as cybersecurity and artificial intelligence, as per the report. In February this year,…
