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.

Real Estate

ROSHN Partners with Google Cloud to Harness AI’s Potential

Real estate developer ROSHN Group, on Thursday, joined forces with Alphabet-owned Google Cloud, aiming to leverage artificial intelligence (AI) and to transform how the firm uses and benefits from data analysis. The Saudi Arabia-based company said with this collaboration ROSHN looks to modernise its data architecture as well as make data-driven decisions to create smart […]

R Swathi5 April 20241 min read

Technology

AWS Lays Off Hundreds of Sales, Marketing Staff

Amazon.com’s cloud division Amazon Web Service (AWS) cut hundreds of jobs hailing from sales and marketing teams, as well as physical store technology employees, reported Bloomberg on Wednesday. “We’ve identified a few targeted areas of the organization we need to streamline in order to continue focusing our efforts on the key strategic areas that we […]

R Swathi5 April 20241 min read

Technology

OpenAI Unveils Voice Engine, Synthetic Voices

ChatGPT owner OpenAI Inc said it is expanding its venture into text-to-audio AI model Voice Engine on Friday, which can create emotive and realistic voices using text input and a single 15-second audio sample. Synthetic voice generator was initiated in late 2022, and the current model is in its testing phase. Additionally, Voice Engine is […]

R Swathi2 April 20241 min read

Technology

Google Shuts Service of Google Podcast in US

Sundar Pichai-led Google initiated the integration of Google podcast, its online podcast platform, into the online music and audio-sharing platform YouTube music application by shutting down the service of the podcast application in the United States on April 2, later closing doors worldwide. The subsidiary of Alphabet sent notifications to the Google Podcast users, where […]

R Swathi2 April 20241 min read

Finance

Emirates NBD Capital Arranges Debut $500 Mln for Lenovo

Emirates NBD Capital (EmCap), the investment banking for Emirates NBD Group, on Monday, facilitated a $500 million syndicated revolving credit facility (RCF) for computer maker Lenovo Group Limited. A Syndicated Revolving Credit Facility (RCF) is a type of loan provided by a group of lenders, in this case, it includes EmCap, AL Ahli Bank of […]

R Swathi1 April 20241 min read

Technology

Microsoft to Invest $100 Bln in OpenAI

Global tech giants Microsoft and ChatGPT owner OpenAI are planning for a data centre project called Stargate, worth about $100 billion that would contain a supercomputer with millions of specialized server chips to power OpenAI’s artificial intelligence, based on a report of The Information on Friday. The financing would be done by Microsoft, which is […]

R Swathi1 April 20241 min read

Technology

Adobe Collaborates with Microsoft to Bring New Gen AI Capabilities

Software developer Adobe collaborated with tech giant Microsoft on Tuesday, to bring Adobe Experience Cloud workflows and insights with Microsoft Copilot to deliver generative AI-powered capabilities that enable marketers to increase collaboration, efficiency and creativity. The deal was signed at Adobe Summit, a digital experience conference in Las Vegas, US. The collaboration looks to bring […]

R Swathi28 March 20241 min read

Technology

Amazon Invests $2.75 Bln in Anthropic to Extend Partnership

Global e-commerce platform Amazon, on Wednesday, invested $2.75 billion in Anthropic, marking its total investment to $4 billion for a minority ownership position in the AI company. Last September, the multinational online shopping platform initiated the partnership agreement with an initial investment of $1.25 billion, said Amazon. The collaboration aims to bring advanced generative artificial […]

R Swathi28 March 20241 min read

Leadership

Abbas Rizvi to Replace Jan Erik Back as CFO of Investcorp

Investcorp, investment management firm appointed insider Abbas Rizvi as its Group Chief Financial Officer on Wednesday, replacing Jan Erik Back, who is to retire from his position, effective April 1. Rizvi has been with the Bahrain-based firm for about two decades, under several leadership roles. Most recently, he was heading financial management for about four […]

R Swathi28 March 20241 min read

Technology

Microsoft Launches Copilot Pro in Middle East

Global tech giant Microsoft, on Wednesday, expanded its newly launched conversational chat interface Copilot Pro subscription across the Middle Eastern region to enhance the users’ productivity and creativity. This was initiated after the company recently appointed Mustafa Suleyman as Executive Chief of its newly launched division Microsoft AI, where the new division focuses on advancing […]

R Swathi27 March 20241 min read

Finance

BankDhofar Launches Contactless Payment Solution Dhofar-Pay

Oman-based BankDhofar, on Tuesday, launched a contactless payment solution Dhofar-Pay, allowing its customers to seamlessly tap and transfer money with their Near-field communication (NFC)-enabled Android phones for convenience and security. Dhofar-Pay users will have to link their debit card details with their Android phones, transforming the device into a digital card for transactions through a […]

R Swathi27 March 20241 min read

Technology

Amazon’s Pharmacy Brings Instant Delivery in Los Angeles, New York

Amazon’s online medications delivery Amazon Pharmacy, on Tuesday, launched same-day delivery of prescription medication in New York City and the greater Los Angeles area. The firm also aims to expand its services to all parts of United States cities by the end of 2024. Amazon Pharmacy along with the chemists have employed generative artificial intelligence […]

R Swathi27 March 20241 min read