Sundar Pichai, CEO of Alphabet, the parent company of Google, has committed to an “AI Pact” during a meeting with Thierry Breton, the European Commissioner for Internal Market. Pichai confirmed that Google would work with other companies to ensure that AI products and services are developed responsibly. The “AI Pact” is voluntary and is intended
Go Inc., Japan’s biggest ride-hailing app, has announced that it has secured a $72.1 million investment from Goldman Sachs. This funding round values the start-up at $1 billion and will allow the company to improve its app and develop next-generation businesses stemming from the mobility industry. According to Hiroshi Nakajima, President of Go Inc., “We
Meta’s cost-cutting plan has entered its third round of layoffs, with the latest round affecting employees in the company’s business groups. This follows a previous round of layoffs in April that affected technical roles. Between the two rounds, about 10,000 workers will lose their jobs, in addition to the 11,000 employees who were laid off
Disney+ Hotstar has revealed that its upcoming series ‘School of Lies’ will premiere on June 2, exclusively on the streaming service. The eight-episode mystery drama show is produced by BBC Studios and directed by Avinash Arun Dhaware. The web series is part of the Hotstar Specials slate of content produced in India for Indian audiences.
The Swiss government has proposed changes to the country’s copyright law that would require large online service providers to compensate media companies for the use of their journalistic content, including small excerpts or snippets. The government has opened a four-month examination of the proposal to improve compensation for journalists and their media companies. Current Situation
India has announced plans to overhaul internet regulations in the country, potentially changing the way Silicon Valley giants operate in the world’s largest market. A first draft of the new law is set to be published in June 2022, with proposals aimed at creating an environment where Big Tech can operate while being held more
The increasing awareness of the emerging environmental and climate change effects has led to a global commercialization of clean energy. The demand for powering up several small-scale and low power devices has increased. However, the small-scale storage of electricity has encountered bottlenecks, encouraging the possibility of generating electricity from hydrogen, using fuel cells. Small-scale Proton
Infosys, a digital services and consulting firm, has recently launched Topaz, a comprehensive suite of AI-centric services, solutions, and platforms driven by generative AI technologies. The primary goal of this release is to help businesses unlock the potential of individuals, enterprises, and communities to foster innovation and attain next-gen value generation. Topaz combines the capabilities
Bill Gates, the co-founder of Microsoft, believes that the future top company in artificial intelligence (AI) will be the one that creates a personal digital agent. This digital agent will be able to perform specific tasks for people and could potentially alter user behaviors. Gates made these comments during a Goldman Sachs and SV Angel
In the world of cybersecurity, there are more than 213,800 known “keys” or vulnerabilities, and they are already in the hands of criminals. This makes it difficult for cyber defenders to track, prioritize and prevent threats and attacks. However, a team of scientists from the Department of Energy’s Pacific Northwest National Laboratory, Purdue University, Carnegie