New Delhi, June 23 (IANS) China has manipulated its trade data to show that its current account surplus as a share of GDP is smaller that of Europe and managed to get this data accepted by the IMF, according to a report published by Council on Foreign Relations (CFR).“There is a particular chart that appears in most OECD and IMF publications on imbalances that paints a deceptive picture of the state of today’s world. It shows that Europe’s current account surplus was bigger, as a share of …
Latest Microsoft News & Updates
Washington, June 23 (IANS) Microsoft Chief Executive Satya Nadella has issued a sharp warning against the growing concentration of power in the artificial intelligence industry, arguing that a handful of companies should not dictate the future of a technology that is reshaping economies, workplaces and societies.In an exclusive interview with The Wall Street Journal, Nadella outlined a vision for the next phase of the AI boom that centres on lower-cost models, greater user control and broader ac…
Washington, June 13 (IANS) Indian-born technology executive and entrepreneur Sivaramakrishnan “Soma” Somasegar, who helped shape Microsoft’s rise and later became a leading venture capitalist in the US Pacific Northwest, was honoured in the US House of Representatives this week for his contributions to technology, entrepreneurship and community service.Speaking on the House floor, Congresswoman Suzan DelBene of Washington remembered Somasegar as “an incredible technologist, entrepreneur, leader,…
New Delhi, June 9 (IANS) The National Green Tribunal (NGT) has directed the Uttar Pradesh Ground Water Department to examine allegations of illegal groundwater extraction by private builders, industries, and other entities in Noida and Greater Noida, and take remedial and punitive action if violations are found. A Bench of Chairperson Justice Prakash Shrivastava and expert member Dr Afroz Ahmad passed the order while disposing of an application filed by environmental conservationist Vikrant Tong…
New Delhi, June 3 (IANS) India’s three leading IT services providers — Infosys, TCS and Wipro — have collectively expanded deployment of ‘365 Copilot’ to more than 3 lakh employees within six months, marking one of the world’s largest enterprise artificial intelligence (AI) rollouts, Microsoft said on Wednesday.The US-based technology giant said each of the IT majors has now scaled Microsoft 365 Copilot deployments beyond 100,000 employees, expanding from around 50,000-seat deployments ann…
New Delhi, June 1 (IANS) The India-US partnership in semiconductors and artificial intelligence (AI), which got a fresh push during US Secretary of State Marco Rubio’s recent visit to India, has rapidly evolved from strategic dialogue to industrial execution. Anchored by the US-India TRUST Initiative and the PAX Silica Declaration, both nations are collaborating to build trusted tech supply chains, expand computational capacity, and establish joint R&D projects.The vision which was outline…
New Delhi, May 31 (IANS) Sridhar Vembu, founder and chief scientist of Zoho Corporation, has cautioned that soaring valuations of some of the world’s largest technology companies, fuelled by investor enthusiasm around artificial intelligence (AI), exhibit characteristics of a market bubble that could eclipse the dot-com era.In a post on social media platform X, Vembu highlighted the price-to-sales ratios of major technology firms, arguing that current market valuations appear increasingly detach…
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…
New Delhi, May 26 (IANS) India-based founders are building AI for global customers in close collaboration with partners and investors worldwide, Jay Parikh, Executive Vice President of CoreAI at Microsoft said on Tuesday.India combines developer velocity and scale, rapid enterprise adoption of AI and digital public infrastructure that uniquely position the country to deploy AI at population scale, Parikh said.He mentioned GitHub’s community in India of over 27 million developers, with over 2 m…
New Delhi, May 25 (IANS) US-based technology firm Microsoft has begun scaling back access to Anthropic’s Claude Code among its employees and is redirecting engineers towards GitHub Copilot CLI as surging AI usage drives up enterprise computing costs, according to multiple reports.Reports said the technology company had earlier expanded access to Claude Code across thousands of employees, including developers, project managers and designers, to encourage experimentation with AI-assisted coding …