Tag: ARTIFICIAL INTELLIGENCE
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The Competition to Create AI Online Shopping Agents Intensifies
Technology companies are engaged in a competitive race to implement AI agents for online shopping. Perplexity has introduced an AI shopping agent that assists users in product discovery and purchasing. While such innovations can streamline shopping experiences, challenges related to transaction efficacy, privacy, and retailer consent remain significant. The race is intensifying among technology companies…
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Masters, PhDs in Focus at IITs as Recruiters Chase AI Talent
The demand for IIT graduates is evolving as companies emphasize AI skills and advanced educational qualifications. Recruitment efforts are now focused on sourcing candidates with Master’s and PhD credentials in various scientific fields. This change arises from the industry’s rising need for expertise capable of tackling complex AI challenges. Salaries being offered are competitive, reflecting…
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Meta Announces $10 Billion Investment in Subsea Cable Project
Meta plans to invest over $10 billion in a new subsea cable worldwide, marking its first wholly-owned infrastructure project. The cable, expected to span more than 40,000 kilometers, aims to enhance connectivity and support Meta’s growing internet traffic demands. It will strategically avoid geopolitical hotspots and may facilitate AI developments, particularly in India. Meta Platforms…
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Freshers Take Center Stage: Indian Tech Companies Redefine Hiring Trends in 2024
In 2024, Indian tech companies are shifting their hiring focus to fresh graduates, acknowledging their potential to foster innovation and drive growth. This trend is fueled by the need for agile talent in a changing economic landscape. To better prepare these freshers, companies are implementing upskilling initiatives, thereby creating job opportunities while addressing industry challenges.…
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The Race for Drone Defenses: A Growing Market in Defense Technology
The rise of advanced drone technology presents growing threats to governments and corporations, necessitating the development of countermeasures by companies like MARSS and Dedrone. This competition is characterized by swift innovation aimed at detecting, tracking, and neutralizing UAVs, with an emphasis on integrating technologies such as AI and machine learning for enhanced effectiveness in defense…
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Annovis Bio Schedules Investor Webcast for Key Updates
Annovis Bio, Inc. will host a live investor webcast on December 11, 2024, at 4:30 PM EST, led by Dr. Maria Maccecchini. The event will discuss clinical progress in treating neurodegenerative diseases, regulatory interactions with the FDA, and a financial overview. There will also be a Q&A session for participant engagement. Annovis Bio, Inc. (NYSE:…
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Shift Towards In-Office Work and AI Integration in India: Key Survey Insights
Over 90% of top Indian firms prefer in-office work, surpassing the global norm, with expectations for further increases by 2030. The survey highlights a significant push towards integrating AI and emphasizes sustainability efforts, revealing that many companies plan to enhance their environmental initiatives while addressing integration challenges. A recent survey reveals that over 90% of…
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Tech Giants Accelerate Competition in AI App Market with New Launches
The AI app market has seen the launch of nearly 1,800 new applications over the past year, totaling 6,960 apps globally. The market, valued at $135.9 billion last year, is anticipated to surpass $184 billion in 2023 and reach approximately $827.6 billion by 2030, driven by significant consumer demand and the introduction of subscription models.…
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Australia Charges Tech Giants with Data Misappropriation for AI Training
The Australian Senate inquiry has accused tech giants Amazon, Google, and Meta of misusing Australian user data for AI training without transparency. It calls for standalone legislation to safeguard rights and compensate creatives impacted by AI. While the recommendations received support from some organizations, concerns about overregulation remain. An inquiry conducted by the Australian Senate…
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Indian-Origin CEOs Making Impact in Global Business
The article highlights Indian-origin CEOs leading major companies globally, showcasing their journeys and impact. It discusses their contributions in sectors such as technology and finance, reflecting India’s growing influence in the business world. The narratives of ten prominent CEOs illustrate the global recognition of Indian talent in driving significant revenue and innovation. Indian-origin CEOs have…