• Why Microsoft’s Layoffs of Azure Cloud Workers Isn’t Bad News

    Why Microsoft’s Layoffs of Azure Cloud Workers Isn’t Bad News

    Recent news of Microsoft laying off employees within its Azure cloud division might sound like a step back for the tech giant. However, there’s more to the story than meets the eye. Microsoft announced a new round of layoffs yesterday, affecting around 1,000 employees across several departments. Notably, this comes more than a year after

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  • AI Fintech LoanSnap Faces Legal Troubles and Eviction Amidst $100M Funding Round

    AI Fintech LoanSnap Faces Legal Troubles and Eviction Amidst $100M Funding Round

    LoanSnap, an AI-powered fintech company renowned for its mortgage lending solutions, is currently navigating a tumultuous period marked by legal challenges, fines, and eviction, all while securing a significant $100 million in funding. The San Francisco-based startup, which utilizes artificial intelligence to streamline the mortgage application process, has been hit with a lawsuit alleging various

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  • Understanding the hidden Risk of unsecured usage of GenAI at work as Prompt Security gets seed fund

    Understanding the hidden Risk of unsecured usage of GenAI at work as Prompt Security gets seed fund

    In the rapidly evolving world of artificial intelligence, generative AI (Genoa) tools have become indispensable for many enterprises, enhancing productivity and streamlining operations. However, a growing concern among cybersecurity experts is the potential for data leaks when employees use unsecured GenAI solutions. Prompt Security, a company dedicated to making GenAI safe for enterprises, has highlighted

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  • Nvidia Unveils “Rubin” Next-Gen AI Chip Platform for 2026 Rollout

    Nvidia Unveils “Rubin” Next-Gen AI Chip Platform for 2026 Rollout

    In a significant development, Nvidia has announced its next-generation artificial intelligence (AI) chip platform, codenamed “Rubin.” The unveiling took place ahead of the COMPUTEX tech conference in Taipei, where Nvidia CEO Jensen Huang shared insights into the company’s latest innovation. The Rubin AI Chip: A Leap Forward Looking Ahead The Rubin AI chip platform is set to redefine AI capabilities, enabling breakthroughs across

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  • Anthropic’s Claude AI Now Autonomously Interacts with External Data and Tools

    Anthropic’s Claude AI Now Autonomously Interacts with External Data and Tools

    Anthropic has announced a significant enhancement to its Claude AI, a development poised to revolutionize how artificial intelligence integrates with external data and tools. This upgrade allows Claude AI to autonomously interact with various external sources, including databases, APIs, and software tools, without human intervention. This innovative step forward, reported by VentureBeat, highlights Claude AI’s

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  • Tencent Cloud Leads Asia-Pacific CPaaS Market with Top Revenue in 2023 Gartner Report

    Tencent Cloud Leads Asia-Pacific CPaaS Market with Top Revenue in 2023 Gartner Report

    Tencent Cloud, the cloud business arm of Tencent, announced its number one ranking in the Communications Platform as a Service (CPaaS) Market across the Asia-Pacific region and China. According to the Gartner report titled Market Share: All Software Markets, Worldwide, 2023, Tencent achieved a remarkable total revenue of US$559 million, demonstrating the highest growth rate

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  • Worldwide AI Chips Market to Grow 33% in 2024

    Worldwide AI Chips Market to Grow 33% in 2024

    Worldwide AI chips market is on the rise, given the demand from various organizations focusing on GenAI solutions. Revenue from AI semiconductors globally is expected to total $71 billion in 2024, an increase of 33% from 2023, according to the latest forecast from Gartner, Inc. “Today, generative AI (GenAI) is fueling demand for high-performance AI chips

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  • Jio Financial Services unveils “JioFinance” App

    Jio Financial Services unveils “JioFinance” App

    Jio Financial Services Ltd announces the launch of their “JioFinance” app (in βeta mode). The app seamlessly integrates digital banking, UPI transactions, bill settlements, insurance advisory, and offers a consolidated view of accounts and savings, all in one user-friendly interface. Designed for friction-less navigation, “JioFinance” app will cater to users of all levels of familiarity

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  • Su-Kam hosts Channel Partners Meet in Ghaziabad

    Su-Kam hosts Channel Partners Meet in Ghaziabad

    Su-Kam Power Systems Limited, a power solution provider in India, hosted a mega Channel Partners Meet in collaboration with their authorized distributor, Jai Balaji Enterprises at Imperial Garden, Gangapuram, Ghaziabad. The gathering provided an engaging platform for more than 300 business partners who participated from the region, showcasing Su-Kam’s commitment to fostering strong partnerships and

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  • India’s Leasing Sector Set for Rapid Expansion Amidst Technological Advancements

    India’s Leasing Sector Set for Rapid Expansion Amidst Technological Advancements

    The latest FICCI-PwC report, titled “Unveiling Opportunities: Exploring India’s Leasing Landscape,” reveals the significant potential for growth in India’s leasing sector, driven by technological innovation, sustainability efforts, and evolving consumer preferences. The report highlights leasing as a critical enabler for growth across both private and public sectors, with a particular emphasis on financial inclusion for

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