Month: February 2023

AI Goes Wrong: The Mistake that Cost Google Millions

Google’s AI Chatbot, Bard, Delivers Inaccurate Information in Promotional Video. Googlerecently launched its experimental AI service, Bard, to competewith Microsoft’s AI chatbot, ChatGPT. However, the company encountered asignificant setback just hours before Bard’s launch event in Paris. In thepromotional video showcasing Bard in action, the chatbot delivered inaccurateinformation, which was caught by Reuters a few […]


Tech Job Cuts: eBay announces the termination of 500 workers to cut expenses and improve productivity

This move is expected to account for 4% of their total workforce, with layoffs happening all over the world. The multinational e-commerce giant eBay has declared its intention to dismiss 500 employees to cut costs and enhance efficiency This move is estimated to be equivalent to 4% of their overall workforce, with job losses happening […]


Software company Autodesk lays off 250 employees.

San Francisco-based software company Autodesk has announced the elimination of 250 jobs globally, which represents 2% of its workforce. Despite the layoffs, the company has stressed that it is still in the process of hiring for critical positions. The layoffs were not related to cost-cutting measures or over-hiring and impacted employees will receive support, including […]


Microsoft reportedly plans to invest $10 billion in creator of buzzy A.I. tool ChatGPT

Microsoft is reportedly planning to invest $10 billion in OpenAI, the company behind the popular AI tool ChatGPT. According to a report by Semafor, the investment is part of a funding round that values OpenAI at a staggering $29 billion. The details of the deal are not yet clear, but the term sheets sent to […]


Microsoft announces new A.I.-powered Bing homepage that you can chat with

On Tuesday, Microsoft held a press conference from its headquarters to unveil new AI-enhanced updates to its Bing search engine and Edge browser. Bing is getting a significant upgrade, allowing users to communicate with it to get more in-depth answers to their search inquiries. For instance, you can ask Bing to plan a vacation and […]


Indian SaaS companies to touch $35 billion in ARR By 2027: Bain & Company report

According to a report by Bain & Company, Indian SaaS companies are expected to see 20-25% annual growth and reach $35 billion in annual recurring revenue (ARR) by 2027. The report states that Indian SaaS companies will account for 8% of the global market share in the segment. Indian SaaS companies have seen a four-fold […]

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