New Delhi, May 29 (IANS) The United States imports nearly 40 per cent of its generic medicines from India because of the trust it has in the country’s pharmaceutical capabilities, US Ambassador to India Sergio Gor said on Friday.Speaking at the Advancing Partnership in Research and Innovation event at Indian Institute of Technology here, Gor said India-US ties have expanded significantly across sectors including trade, defence, technology, health and space cooperation.“On pharmaceuticals, we…
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New Delhi, May 26 (IANS) OpenAI CEO Sam Altman on Tuesday said the rapid rise of artificial intelligence is unlikely to trigger the kind of global jobs apocalypse that many feared, admitting that his earlier concerns about massive white-collar job losses may have been overstated.Speaking at a conference hosted by Commonwealth Bank of Australia in Sydney, Altman said he had initially expected AI to eliminate a far greater number of entry-level white-collar jobs after the launch of ChatGPT in 2022…
New Delhi, May 22 (IANS) US-based software firm ClickUp has reduced headcount by 22 per cent as part of operations restructure to improve output “100-fold” through AI‑oriented roles.ClickUp CEO said the move was made from a position of strength, with most savings to be redirected to remaining employees and higher compensation for those who deliver outsized impact using AI.“Today we reduced headcount by 22 per cent. The business is the strongest it’s ever been. I made this decision and I ow…
New Delhi, May 21 (IANS) Commerce and Industry Minister Piyush Goyal on Thursday said India and the United States are working as natural partners and complement each other across sectors, including technology innovation, high precision defence, digital data centres, quantum computing and medical devices.Addressing the annual leadership summit of the American Chamber of Commerce here, the Minister said the partnership between the two countries is strengthened by mutual trust and shared economic i…
New Delhi, May 19 (IANS) US-based tech giant Meta will begin laying off 10 per cent of its global workforce from Wednesday, May 20, and bolster its artificial intelligence initiatives as part of a sweeping reorganisation aimed at streamlining operations, as per multiple reports.According to them, the company seeks to eliminate some managerial roles and reorganise teams to create “AI‑native” structures with smaller teams intended to speed up decision‑making, according to multiple reports….
New Delhi, May 17 (IANS) In a major push to encourage the use of public transport and reduce dependence on private vehicles, the Delhi Metro Rail Corporation (DMRC) on Sunday announced a series of measures, including additional train trips, enhanced security arrangements, and expanded commuter facilities across the Delhi-NCR network.According to the DMRC, 24 additional train trips will be introduced every Monday beginning May 18 through the deployment of six extra trains. The corporation said ad…
New Delhi, May 16 (IANS) India’s consumer rights watchdog on Saturday launched an investigation into major e-commerce platforms, including Amazon, Flipkart, Meesho and JioMart, over the online sale and promotion of an allegedly unregistered agrochemical product sold as “Cyclosinone Herbicide”. The Central Consumer Protection Authority (CCPA), functioning under the Department of Consumer Affairs, issued notices to the platforms seeking an explanation on their due diligence mechanisms and di…
New Delhi, May 6 (IANS) India has the potential to give the US a further edge in the race for AI adoption, with American tech giants such as Google, Microsoft and Amazon already committing billions of dollars in investments to build AI hubs across India, according to an article in Arab News.These investments are aimed to ensure that US-designed technology forms the backbone of the Global South’s largest economy. If the future of the digital world is built on US-Indian infrastructure, the world…
Los Angeles, May 5 (IANS) Hollywood actress Taraji P. Henson is not pleased with the stars who attended this year’s Met Gala. The actress joined social media influencer Meredith Lynch in criticizing the stars at the event. The reason behind the same is the event being sponsored by honorary co-chairs Jeff Bezos and Lauren Sánchez Bezos.Meredith Lynch recently took to her Instagram, and shared a video in which she warned A-listers not to wear their “ICE Out” pins to the “Jeff Bezos-backed…
New Delhi, April 29 (IANS) Satellite connectivity in smartphones will see significant growth as non-terrestrial networks (NTN)-capable devices are projected to account for 46 per cent of global smartphone shipments by 2030, a report said on Wednesday.The report from Counterpoint Research said that nearly one in two smartphones is expected to support satellite connectivity by 2030.Research Vice President Peter Richardson said that Apple, Google and Samsung will lead in terms of overall penetratio…