SVB Financial Group, the parent company of Silicon Valley Bank, filed for bankruptcy on Friday, following the seizure of Silicon Valley Bank by federal regulators last week. While Silicon Valley Bank is under FDIC control, the bankruptcy filing pertains to SVB Financial Group’s other businesses, which include investment manager SVB Capital, brokerage firm SVB Securities, […]
Business
Artificial intelligence has revolutionized the way we interact with technology, and OpenAI is at the forefront of this revolution. One of their most popular creations is ChatGPT, an AI chatbot that utilizes language models like GPT-3 and GPT-4 to generate interactive communication. Recently, OpenAI announced the launch of GPT-4, the successor to GPT-3. This new […]
Technology
Python is a high-level programming language that has become increasingly popular over the past few years due to its ease of use, versatility, and extensive library of tools and modules. It was created by Guido van Rossum and released in 1991, and has since become one of the most widely-used programming languages in the world. […]
Technology
Instagram has come a long way since its launch in 2010 as a photo-sharing app. The social media platform, now owned by Facebook, has become a major marketplace for influencers and brands. However, Kevin Systrom, the co-founder of Instagram, recently expressed his concerns over the commercialization of the platform, saying that it has lost its […]
Technology
The Indian government has set an ambitious goal of increasing its electronics manufacturing capability to Rs 24 lakh crore by 2025-26, as announced by the Minister of State for Electronics and IT Rajeev Chandrasekhar. This move is expected to create over 10 lakh jobs in the country. Speaking at an event in Bengaluru, the minister […]
Business
Tech Mahindra, a leading IT services company, has announced its plans to invest between Rs 500-700 crore in its newly formed products and platforms unit over the next 2-3 years. The company expects the unit to become a $1 billion business in the same period. The products and platforms offered by Tech Mahindra will expand […]
Business
OYO, a major player in the hospitality industry, has recently launched an accelerator program aimed at mentoring first-generation hoteliers who own more than five running properties. The program, which currently has 30 hoteliers enrolled, will provide technology, financial support, relationship managers, and access to OYO’s network of more than 15,000 corporate accounts and 10,000 travel […]
Business
Microsoft has announced that it is bringing its Copilot technology, which is based on generative artificial intelligence technologies such as ChatGPT, to its suite of business software, including Word, PowerPoint, and Excel. The new AI features will allow users to generate compelling visuals, create business proposals, and even write first drafts for users to edit […]
Technology
India has been making great strides in the field of technology and innovation, as evidenced by the recent announcement that Indian scientists, engineers, and academicians have acquired 100 patents for 6G technology. According to Ashwini Vaishnaw, the Minister of IT and Telecom, the country is taking a leap forward in 5G technology and has the […]
Technology