R Swathi

267 published stories

R Swathi is a reporter for Business Tabloid specializing in banking, technology, and energy sectors, hailing mostly across the regions of Middle East and Asia Pacific. She exhibits a profound passion for consistent learning and personal growth.

Finance

Visa, AWS Partner Network Collaborates to Simplify Digital Payments

Digital payment giant Visa, on Wednesday, collaborated with AWS Partner Network (APN), a community that leverages AWS technologies, with an aim to build innovative solutions and services to make transactions easier, faster, and secure in the payment eco-system for customers. Global payments technology provider said the presence in APN will enable its partners and clients, including cloud-native fintech, to […]

R Swathi26 April 20241 min read

Technology

Musk-owned Tesla to Lay Off 10% of Its Workforce

Elon Musk-owned Tesla, on Wednesday, said the electronic vehicle manufacturer will lay off over 10% of its workforce in the first quarterly earnings call, with an aim to increase profitability and ultimately increase the scale of investment in artificial intelligence (AI). The company looks to lay off 6,020 employees in Texas and California with 3,332 jobs to be […]

R Swathi24 April 20241 min read

Technology

Microsoft Introduces VASA-1, AI Video Generation Using Still Picture

The tech giant Microsoft launched an AI application, VASA-1, which is capable of generating lifelike talking faces of virtual characters using just still images or pictures. The firm said the newly introduced VASA-1 aims to create moving pictures with lip movements which synchronize with the audio and also capture facial nuances as well as head […]

R Swathi22 April 20241 min read

Technology

Amazon Music Launches Maestro, AI Playlist Generator

Amazon-owned Amazon Music, on Wednesday, launched a new feature called Maestro, an AI playlist generator, which is currently rolling out in beta to a small number of customers in the US region on all tiers of Amazon Music. The tech giant said it looks to make the playlist generation process easier and fun with chatbot […]

R Swathi17 April 20241 min read

Technology

Meta’s Oversight Board Investigates AI-Generated Pornography

Oversight Board, independent body overseeing AI-generated content on Meta platforms said it will evaluate the two cases on Tuesday, involving deepfake pornography circulated on Facebook and Instagram to review Meta’s policies. The Meta-funded firm said it will assess whether the company’s policies and its enforcement practices are effective at addressing explicit AI-generated imagery. Additionally, the […]

R Swathi17 April 20241 min read

Technology

Switzerland Signs NASA’s Artemis Accords

Space agency National Aeronautics and Space Administration (NASA), on Monday, said Switzerland became the 37th country to sign the Artemis Accords at NASA Headquarters in Washington affirming Switzerland’s commitment to the sustainable and beneficial use of space for all humankind. The Artemis Accords were established in 2020 in coordination with the U.S. Department of State, […]

R Swathi16 April 20241 min read

Technology

Microsoft Invests $1.5 Bln in G42 for AI Development

The tech giant Microsoft, on Tuesday, said it will invest $1.5 billion in G42, an AI company, with an aim to co-innovate and deliver AI solutions along with Microsoft Azure for various industries and markets across the Middle East, Central Asia and Africa. The firm said the investment looks to acquire a minority stake in […]

R Swathi16 April 20241 min read

Technology

OpenAI to Enter Asia with Office in Japan

Parent of ChatGPT OpenAI, on Sunday, said it is expanding its venture into Asia with a new office in Tokyo, Japan, with an aim to collaborate with the Japanese government, local businesses, and research institutions to develop safe AI tools that serve Japan’s needs and unlock new opportunities. AI assisting firm said it appointed Tadao […]

R Swathi15 April 20241 min read

Technology

Instagram Forms Updates to Protect Teens from Sextortion

Meta-owned Instagram, on Thursday, said it is testing a new feature to eliminate sextortion and intimate image abuse for its teen users, which will make it more difficult for potential scammers as well as criminals to find and interact with teens. Sextortion is a form of sexual exploitation meaning that someone threatens to distribute private […]

R Swathi11 April 20241 min read

Technology

Microsoft to Invest $2.9 Bln in Japan’s AI, Cloud

Global tech giant Microsoft, on Wednesday, said it will invest $2.9 billion in Japan, making it the single largest investment in its 46-year existence in the region. The investment will be initiated over the next two years to increase its hyper-scale cloud computing and AI infrastructure in Japan. The firm said it aims to expand […]

R Swathi10 April 20241 min read

Energy

Hyundai, Kia Partners with Exide Energy for EV Battery Localization in India

Motor vehicle manufacturing giants Hyundai Motors and Kia, on Monday, collaborated with Exide Energy Solutions, battery manufacturing firm to expand its electric vehicle (EV) plan in the Indian market. Hyundai said the company is looking to localize its EV battery production focusing on lithium-iron-phosphate (LFP) cells. Additionally, installing domestically produced batteries in their upcoming EV […]

R Swathi8 April 20241 min read

Finance

Skipify to Expand Its Digital Wallet in Collaboration with Visa

Fintech company Skipify, on Thursday, collaborated with global payments technology provider Visa, through the Visa Digital Commerce Program, with an objective to reinvent the way consumers transact, leveraging cutting-edge technologies to simplify as well as accelerate the payment process. California-based Skipify said merging Visa’s expertise in digital payments with Skipify’s digital wallet, it aims to […]

R Swathi5 April 20241 min read