Elon Musk has intensified his legal battle against OpenAI, the artificial intelligence firm he co-founded, by expanding his lawsuit to include Microsoft, OpenAI's largest financial backer. Filed in a federal court in Oakland, California, the revised complaint accuses both companies of illegally conspiring to dominate the market for generative AI and suppress competition
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Majority of Indian C-suite executives expect huge transformation through GenAI by 2025 and they see its applications as key to maintaining competitiveness, accelerating innovation, and ensuring compliance
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In its statement, the EU argued that Meta violated competition rules by bundling Facebook Marketplace, its online classifieds service, with the broader social network, thereby creating unfair trading conditions that disadvantaged other classified ad providers in Europe
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Sportswear brand PUMA India has entered into a strategic collaboration with global consulting firm Accenture to overhaul its supply chain and distribution network, leveraging cutting-edge digital twin technology
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Mid-sized IT firm Happiest Minds Technologies posted a 3 per cent sequential drop in net profit to Rs 49.51 crore for the quarter ending 30 September 2024, down from Rs 51 crore in the previous quarter. Revenue in Q2 grew 12.7 per cent sequentially to Rs 522 crore from Rs 464 crore in Q1
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Despite the positive results, Cisco’s shares dropped 1.4 per cent in extended trading following the company’s forecast for the second quarter
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According to a report, Meta will allow a select group of advertisers to create and display ads starting in January 2025
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Advanced Micro Devices (AMD) is laying off 4 per cent of its global workforce, equivalent to approximately 1,000 employees, as the company pivots towards accelerating the development of artificial intelligence (AI) chips
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