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Corporate Infotech Gets Rs 114 Cr Project With Indian Oil For IT infra Maintenance

The contract will be executed over three years from June 2024 to May 2027. CIPL will deploy more than 400 engineers to manage the regular comprehensive maintenance of IT infrastructure across 131 locations of Indian Oil nationwide, as per a release issued by CIPL.

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Elon Musk Drops Lawsuit Against OpenAI, Preserves Right To Refile

The withdrawal of the lawsuit comes just before a Superior Court judge was scheduled to hear OpenAI’s bid to dismiss the case

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Apple Shares Zoom 7% After New AI Feature Announcements

This rise in stock value has brought Apple’s market capitalisation to USD 3.18 trillion, positioning it just behind Microsoft, which stands at USD 3.22 trillion

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HCLTech Extends Deal Worth $278 Mn With German Cooperative apoBank

The deal is valued at USD 278 million (approximately Rs 2,300 crore) and spans over a duration of 7.5 years

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LTIMindtree Strengthens Middle East Presence With New Riyadh HQ

This move comes as part of the company’s expansion efforts in Saudi Arabia and the wider Middle East region

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Indian Attitudes Towards AI Reflect Pragmatic Optimism And Concerns: Survey

While 62 per cent of respondents claim awareness of products and services utilising AI, there exists a palpable trepidation, with 51 per cent showing nervousness about AI-driven products and services

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India Needs Clear AI Laws, More Venture Capital: GitHub CEO Thomas Dohmke

GitHub CEO Dohmke identifies AI regulation and funding as key challenges for India’s tech sector

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Blackstone Divests 15% Stake In Mphasis For Rs 6,735 Cr

The transaction saw Blackstone’s affiliate BCP Topco IX Pte offload 2.85 crore equity shares

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Intel To Pause $25 Bn Chip Factory In Israel: Report

The Israeli government had previously approved USD 3.2-billion grant to support the construction of the new plant

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Elon Musk Threatens Apple Device Ban Over OpenAI Integration

Musk’s warning comes in response to Apple’s recent announcement of new AI features across its apps and platforms

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