Technology
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Samsung begins mass production of industry-leading AI chip for mobile
Seoul: Samsung Electronics, the world’s largest memory chip maker, said on Tuesday it has started mass production of the industry’s thinnest mobile DRAM, LPDDR5X DRAM, tailored to on-device artificial intelligence. The new…
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Cognizant to develop new centre in Hyderabad, create 15,000 jobs
Hyderabad: Cognizant has announced its expansion plans in Hyderabad with a new facility to come up on a million sqft, to create 15,000 new jobs. The announcement was the first deal to…
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32 Indian startups raised record funding last week
New Delhi: In a robust funding week, at least 32 Indian startups secured more than $341 million in funding. The Indian startup ecosystem saw six growth-stage funding deals and 22 early-stage deals…
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Will introduce electric cars soon towards Viksit Bharat goal: Maruti Suzuki India
New Delhi: Maruti Suzuki India on Sunday said as India develops faster and aspires to become “Viksit Bharat” by 2047, the company will introduce electric cars in the next few months towards…
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Global robotics workforce to grow over 10 pc by 2032: Report
New Delhi: Employment in the STEM (science, technology, engineering and maths) robotics industry is expected to grow 10.8 per cent by 2032, according to a report on Monday. The report by fintech…
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Three advanced IT hardware factories to boost local manufacturing in India
Bengaluru: In a fillip to the ‘Make in India’ initiative, contract manufacturing company Zetwerk on Monday made it official to partner with Bengaluru-based electronics manufacturing services firm, Smile Electronics, to launch three…
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NASA, SpaceX, Northrop Grumman launch 21st Cygnus resupply mission
New Delhi: NASA, Northrop Grumman, and SpaceX plan to launch the next cargo delivery mission to International Space Station on Sunday at 11:02 a.m. EDT (8:30 p.m. Indian Standard Time). This flight…
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TikTok’s practices endangered children’s safety, US alleges in lawsuit
New York: The US government has sued Chinese-owned social media giant TikTok, alleging that it endangered the safety of children by illegally collecting information from them and allowing them to share messages…
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Apple sets another quarterly revenue record in India: Tim Cook
New Delhi: Apple has once again set quarterly revenue record (April-June period) in India, riding on robust local manufacturing amid the government’s push and growing export figures. Apple CEO Tim Cook said…
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Delta CEO reveals IT outage costs USD 500 million
San Francisco: Delta Air Lines CEO Ed Bastian said the massive IT outage, earlier this month, cost the company $500 million. He said the figure included not just lost revenue but “the…
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X rival Threads set to hit 200 million monthly active users
New Delhi: As more than 3.2 billion people use at least one of Meta apps daily, X rival Threads is about to hit 200 million monthly active users (MAUs), Meta Founder and…
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India becomes largest market for Meta AI usage: Mark Zuckerberg
New Delhi: Meta Founder and CEO Mark Zuckerberg has said that India is now their largest market for artificial intelligence (AI) usage. In the Q2 earnings call with analysts, Zuckerberg said they…
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Digital initiatives likely to triple India’s retail lending by 2030: Report
Mumbai: Digitalisation has driven financial inclusion in India and government initiatives in this sector are estimated to triple retail borrowing to about $2.5 trillion, or about 34 per cent of the GDP,…
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AI-powered antibiotic breakthrough offers hope for drug development
New Delhi: In a major advancement for tackling antibiotic resistance, researchers at The University of Texas at Austin have developed a promising new antibiotic using artificial intelligence. The research, published in Nature…
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Stock market closes near all-time high; Nifty at 24,951
Mumbai: Indian equity indices closed near an all-time high on Wednesday following positive action in the broader market. At closing, the Sensex was at 81,741, up 285 points or 0.35 per cent,…
