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 […]
Global ed-tech company Byju’s, on Monday, said Arjun Mohan, Chief Executive Officer of Byju’s India stepped down from his role, after serving in the role for a very short period. The company named former chief executive of UpGrad India Arjun Mohan to take over as CEO of Byju’s India, succeeding a founding employee Mrinal Mohit, […]
India’s one of the leading online forex platforms BookMyForex introduced its latest innovation of a foreign exchange app with real-time forex card reloads, on Monday. This launch marks a significant milestone in the realm of currency management for travellers, said the company. BookMyForex said the standout feature of its new app is the integration with […]
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 […]
Facebook parent company Meta, on Sunday, began testing its artificial intelligence (AI) chatbot, Meta AI, with users based in India and parts of Africa. This chatbot, power-driven by a large language model (LLM), is now being tested on WhatsApp and Instagram. The move demonstrates Meta’s goal of leveraging its enormous user base across many platforms […]
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 […]
Technology services and consulting company Wipro, on Wednesday, appointed Malay Joshi as Chief Executive Officer of Wipro Americas 1 Strategic Market Unit, effective immediately. Joshi has been with consulting company for nearly three decades. He joined technology services company in 1996 and has served in various roles in media and communication services, including the position […]
Digital finance company Paytm Payments Bank (PPBL) said Surinder Chawla, Chief Executive Officer of the company resigned on Monday, on account of personal reasons and to explore promising professional prospects. The company said Chawla’s resignation as Executive Chief will take effect on June 26, at the latest, unless changed by mutual consent in a regulatory […]
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 […]
As the anticipation builds for the 13th edition of the Big CIO Show & Awards, an event organized by Trescon, the registration of over 600+ C-level executives underscores the pivotal role of cutting-edge technologies in driving India’s digital transformation and revolutionizing key economic sectors. Taking place at the Sheraton Grand Hotel in Whitefield, Bengaluru, this […]
VAP Group is pleased to announce the inaugural edition of the Global AI Show and the Global Blockchain Show scheduled to take place on April 16 and 17, 2024 at Grand Hyatt, Dubai. The Global AI Show is a power stage hosting international and regional thought leaders in the artificial intelligence and machine learning space, […]
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 […]
Technology services and consulting company, on Saturday, Wipro appointed insider Srini Pallia as Chief Executive Officer of the company, effective immediately. Pallia has been with Wipro for over three decades. He joined Wipro in 1992, Pallia held various leadership roles, including the role of President of the company’s Consumer Business Unit, also, he was the […]
Payment app company PhonePe partnered with Star Health and Allied Insurance company (Star Health Insurance) on Wednesday, to offer customers health insurance with a monthly and annual payment option. PhonePe said its users can now avail “Star Comprehensive Insurance Policy” with up to ₹1 Crore ($120.05 million) in coverage on the PhonePe app. The company […]
Digital payment app PhonePe and Singapore Tourism Board (STB), economic development agency on Wednesday, signed a memorandum of understanding (MoU) for two years, to enable clients to instantly make cross-border transactions from their current Indian bank accounts. The agreement was formally signed by Ritesh Pai, CEO of PhonePe and Melissa Ow, CEO of STB. This […]
