Broadcom nears $3.8 billion sale of remote access unit to KKR
Broadcom is nearing a $3.8 billion deal to sell its business to private equity firm KKR, streamlining its portfolio after acquiring VMware. KKR won the auction, outbidding other firms. Broadcom is also divesting VMware's security software business, while KKR …
"Time has come to move on to newer technologies and better-quality radars": Air Force Chief
Air Chief Marshal VR Chaudhary visited the 'Maharashtra MSME Defence Expo' in Pune, announcing a new deal with L&T for ground-based hyper radars. He emphasized the need to upgrade air defense technology and quality, stating that the new radars will strengthen…
The great AI debate: Open-source vs proprietary models in global showdown
There is a war brewing between smartphone makers over generative AI, but will regulations have the last laugh?
Our governance model is worth studying: FM Nirmala Sitharaman to management students
Sitharaman said the biggest asset of her government is transparency. According to her, the government was able to clear corruption because it adopted technology. Technology helped in monitoring of all transactions on a real-time basis.
Back to Basics: How India Inc's using CSR to solve education
Corporate India is focusing on education and skilling initiatives at the school level to enhance digital literacy. Companies like L&T, P&G India, Dell Technologies, Mphasis, Infosys, and HUL are rolling out smart classrooms, learning centres, and STEM educati…
Bezos, Nvidia join OpenAI in funding humanoid robot startup: report
Figure AI, also backed by ChatGPT-maker OpenAI and Microsoft, is raising about $675 million in a funding round that carries a pre-money valuation of about $2 billion, according to the report.
OpenAI’s Sam Altman stands to rake in over $400 million from Reddit IPO
Altman is the third-largest shareholder in Reddit owning an 8.7% stake comprising 789,456 Class A shares and 11.4 million supervoting Class B shares. If Reddit hits the $5-billion valuation in the IPO, Altman’s stake would be valued at about $435 million.
Gemini not always reliable in responding to prompts: Google after chatbot's response on PM Modi
On Friday, minister of state for IT and electronics Rajeev Chandrasekhar had warned that Google's AI tool Gemini's response to a question around the Prime Minister is in direct violation of IT rules as well as several provisions of the criminal code.