Microsoft Chairman and CEO Satya Nadella on Thursday said the company is deepening its commitment to India’s artificial intelligence ecosystem with massive infrastructure investments. Microsoft is also strengthening its cloud footprint and focusing on skilling millions of Indians for an AI-driven future, he said. Speaking at a Microsoft event here, Nadella said,…
The cost of electricity in Guernsey is a primary concern for islanders, a survey has suggested. Guernsey Electricity (GEL) said 3,617 islanders aged over 16 participated in a survey on how the company could evolve its services and tariffs. In July, tariffs were raised by 8% after the States Advisory Board granted GEL permission to…
The U.K. and Germany are emerging as key hubs for a new wave of AI defense startups, as Europe scrambles to rearm amid rising geopolitical tensions. Private funding for defense startups across the region has ramped up in recent years, with investors looking to tap into increasing government military budgets, driven by the ongoing Russia-Ukraine…
A slogan related to Artificial Intelligence (AI) is displayed on a screen in Intel pavilion, during the 54th annual meeting of the World Economic Forum in Davos, Switzerland, January 16, 2024. Denis Balibouse | Reuters Big Tech is doubling down on investing billions in India, drawn by its abundance of resources for building data centers,…
Swiggy shares rose 2.5 per cent on the BSE, logging an intra-day high at ₹406.45 per share amid large trade. At 10:47 AM, on BSE, 0.26 million shares were traded, while on the National Stock Exchange (NSE), 8.3 million shares changed hands. At around the same time, Swiggy’s share price was trading…
Asian markets traded higher on Thursday after the US Federal Reserve delivered its third consecutive interest rate cut, although gains were capped as policymakers hinted they could slow the pace of future reductions.The latest quarter-point cut, bringing borrowing costs to their lowest level in three years, had already been widely expected. Investors, however, drew comfort…
US President Donald Trump on Wednesday (local time) launched the “Trump Gold Card,” offering legal status and an eventual pathway to United States citizenship for individuals and corporations willing to make large financial contributions.Announcing the rollout on Truth Social, Trump wrote, “The United States Government’s Trump Gold Card is here today! A direct path to…
Gold Price Today: The price of 24-carat gold climbed ₹10 in early trade on Thursday, with ten grams of the precious metal trading at ₹1,30,320, according to the GoodReturns website. The price of silver rose by ₹100, with one kilogram of the precious metal selling at ₹1,99,100. The price of 22-carat gold increased by…
McDonald’s says it has removed an AI-generated Christmas advertisement in the Netherlands after it was criticised online. The ad, titled “the most terrible time of the year”, depicts scenes of Christmas chaos, with Santa caught in a traffic jam and a gift-laden Dutch cyclist slipping in the snow. And the message? Retreat to a McDonald’s…
Uber is expanding into B2B logistics in India with Uber Direct, leveraging its bike fleet on the ONDC platform. This new service aims to generate revenue beyond rides and couriers by fulfilling grocery and food orders for partners like Zepto and KFC. Uber acts as a silent logistics provider, with customers unaware of their involvement….