Category: general tech
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Navigating India’s Upcoming AI Regulations: Implications for Tech Companies
This article discusses the impending national AI regulations in India and their potential impact on tech companies. With AI projected to significantly boost the GDP of developing countries, organizations must be proactive in ensuring compliance with new data protection standards. Seeking expert guidance and leveraging boxed-AI solutions will be crucial for managing AI innovations without…
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Samsung Accelerates Robotics Development Amid Business Challenges
Samsung Electronics is increasing its investments in the robotics sector, becoming the largest shareholder in Rainbow Robotics. This move aims to drive growth amidst challenges in its core businesses. The competition with key players like Hyundai, Tesla, and NVIDIA points toward a rapidly developing humanoid robotics market, projected to exceed USD 2 billion by 2027,…
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IT Hiring Growth Rate Approaching Double Digits, Says Info Edge
Info Edge reports that IT sector hiring growth is approaching double digits, reflecting a revival in demand for entry-level talent. After dealing with over-hiring issues, utilization rates have returned to pre-Covid levels. This shift is stimulating recruitment, not only in large IT firms but also among GCCs and startups. According to Info Edge, the growth…
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Chinese Tech Giants Outpace U.S. Firms in NVIDIA GPU Acquisitions
In 2024, Tencent and ByteDance surpassed Google and Amazon in acquiring NVIDIA AI GPUs, securing around 230,000 units each, while Microsoft led with 485,000 units purchased. This surge showcases the growing influence of Chinese firms in AI amid U.S. restrictions. Furthermore, U.S. tech companies are increasingly investing in their in-house chip development to complement their…
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Government Scrutinizes Quick Commerce Companies Over FDI Compliance
Quick commerce companies are under government scrutiny regarding FDI compliance related to inventory policies. The DPIIT is investigating their operations to ensure adherence to regulations. Concerns have been raised about the impact on local kiranas and the potential for unfair competitive practices. These firms have seen significant investment and growth, prompting calls for vigilant oversight…
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DBS Bank Appoints Rajat Verma as India CEO; Startup ESOP Buybacks Rise
DBS Bank has appointed Rajat Verma as CEO of DBS Bank India starting March 2025, succeeding Surojit Shome. Meanwhile, the Indian startup sector is witnessing a rise in ESOP buybacks, increasing from 19 in 2023 to 26 in 2024 across unlisted companies, indicating a shift in capital acquisition and employee ownership strategies. On December 31,…
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Complexity of Cybersecurity Laws in India: Challenges and Recommendations
Companies in India face difficulties due to overlapping cybersecurity laws, with the recent Digital Personal Data Protection Act adding to these challenges. Inconsistencies in requirements across sectors result in higher compliance costs and confusion. Experts advocate for harmonization of laws and a unified regulatory authority to streamline processes and support smaller businesses. Organizations in India…
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The Emerging Smart Glasses Market: Opportunities and Challenges
Meta’s collaboration with EssilorLuxottica has led to over a million sales of stylish smart glasses, appealing due to their lightweight design and advanced features. Other tech giants are now developing similar products, although profitability remains a concern amid significant projected losses for Meta’s division. Analysts note favorable gross margins, suggesting potential for future success in…