Snowflake, the data cloud company, has made a significant advancement with the launch of Document AI, a new interface based on large language models (LLM). This innovative solution enables enterprises to efficiently extract valuable insights from their vast array of documents. Snowflake, originally focused on structured data, is now expanding its capabilities to mobilize unstructured
A recent report by Deloitte India predicts that India’s online retail market size could reach USD 325 billion by 2030, a significant increase from the current USD 70 billion in 2022. The primary driver of this growth is the rapid expansion of e-commerce in tier-2 and tier-3 cities. These cities have surpassed tier-1 markets in
Numerous users of Goodreads encountered significant difficulties accessing the popular book-focused website on Monday and Tuesday. The outage, lasting several hours, left readers unable to keep track of their books and post reviews on the Amazon-owned platform. Downdetector, an outage tracker, confirmed that the website experienced widespread disruptions throughout Monday, with reports of issues starting
India’s Open Network for Digital Commerce (ONDC), a digital public infrastructure, has extended an invitation to e-commerce giants such as Amazon and Flipkart to join its platform, according to T Koshi, the CEO of ONDC. Koshi expressed that these companies are welcome to become a part of the network and mentioned that they have shown
Proposed Australian laws could result in tech giants facing billions of dollars in fines for their failure to tackle disinformation. The Australian Communications and Media Authority, a government watchdog, said that the proposed legislation would bring “mandatory” standards to the little-regulated sector. The owners of platforms such as Facebook, Google, Twitter, TikTok, and podcasting services
Proposed Australian laws could result in tech giants being fined billions of dollars for their failure to take action against disinformation, according to a watchdog. The proposed legislation entails the owners of podcasting services, TikTok, Twitter, Facebook, and Google being penalized up to five percent of their annual global turnover. This penalty is one of
The adoption of generative artificial intelligence has gained momentum, causing the markets to thrive. Despite this, investors are becoming increasingly aware of potential risks associated with the technology. As a result, IT services, consulting, media, information, and education businesses are being scrutinized by portfolio managers to evaluate AI’s potential for disruption. While generative AI has
DC Studios has been struggling to keep up with Marvel Cinematic Universe (MCU) in terms of financial success, with “The Flash”, “Black Adam”, and “Shazam: Fury of the Gods” failing to make an impact. DC and its parent company Warner Bros. Discovery are envious of the MCU’s success, with the MCU’s movies grossing around $30
Tesla’s electric charging network has always been popular with electric car enthusiasts. However, Elon Musk’s “superchargers” are now gaining recognition from an unlikely group: other car companies. General Motors, Ford, and Rivian have all announced partnerships with Musk in recent weeks, allowing consumers with autos from rival brands to use Tesla’s national network. Appearing with
The modern IT network is a complex combination of various devices such as firewalls, routers, switches, servers, and workstations. These environments are constantly under threat by malicious actors, requiring network engineers to design, implement and manage them. However, the rise of AI has prompted exploration into whether ChatGPT could assist or even replace network engineers.