New Delhi, April 11 (IANS) The Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey has said that India continues to remain an open and compelling destination for global capital, supported by strong macroeconomic fundamentals, a rapidly expanding investor base, and a reform-oriented policy environment.The SEBI chief was speaking at an interactive session — jointly organised by the Confederation of Indian Industry (CII) and the Consulate General of India (CGI) — with global…
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Washington, March 29 (IANS) Mass protests swept across the United States, as hundreds of thousands gathered in cities nationwide under the banner of “No Kings,” targeting President Donald Trump’s immigration and foreign policy.Organisers said the demonstrations were part of a coordinated national mobilisation, with more than 3,000 events planned across the country. The flagship rally at the Minnesota State Capitol in St. Paul drew one of the largest crowds, with estimates of over 200,000 p…
Bengaluru, March 26 (IANS) Responding to comparisons between Bengaluru and Hyderabad, Deputy Chief Minister D.K. Shivakumar, stated that he does not wish to compare Bengaluru, which stands in sixth position as a global tech hub with Hyderabad, which is placed 26th.Speaking in the Legislative Assembly on Thursday, Dy CM Shivakumar, who also handles the Bengaluru Development portfolio, said, “According to a recent report, Bengaluru is among the top 10 global tech hubs. San Francisco ranks first, f…
New Delhi, March 21 (IANS) OpenAI — a parent of ChatGPT — plans to nearly double its workforce to around 8,000 employees by the end of the year as it accelerates its push into the enterprise market and seeks to regain ground from rival Anthropic, according to a report.According to Financial Times, the AI company currently has about 4,500 employees and is ramping up hiring across product development, engineering, research and sales, along with specialised roles to help businesses deploy its AI …
New York, March 8 (IANS) Indian-American scientist Vinay Prasad, who oversees the approval process for vaccines and new therapies, is stepping down amid controversies over his decisions to tighten certain regulations. His departure for the second time from the post of director of the Food and Drug Administration’s Centre for Biologics Evaluation and Research within a year was announced on Friday by the agency’s head, Marty Makary.Prasad had quit his job in July, less than two months after ta…
Seoul, March 1 (IANS) Samsung Electronics said on Sunday it plans to transform its domestic and overseas production facilities into factories driven by artificial intelligence (AI) by 2030 as part of its push for manufacturing innovation.The company will introduce digital twin-based simulations across the entire manufacturing process from materials warehousing to production and shipment while deploying AI agents dedicated to quality control, production and logistics to strengthen data-driven ana…
Seoul, Feb 18 (IANS) Samsung’s upcoming Galaxy smartphone is expected to see its first price increase since 2023, industry watchers said on Wednesday, amid a global rise in memory chip prices fuelled by the artificial intelligence (AI) boom.The South Korean tech giant plans to host the Galaxy Unpacked 2026 event in San Francisco on Feb. 25 (U.S. time) under the theme “The Next AI Phone Makes Your Life Easier,” where the company is widely expected to unveil the Galaxy S26, the latest in its flags…
Belagavi (Karnataka), Feb 17 (IANS) A commercial court in Karnataka’s Belagavi has issued fresh summons to US-based artificial intelligence company Anthropic PBC in connection with a trademark infringement suit filed by a state-based firm over the mark “Anthropic”.The order was passed on Monday by Principal District and Sessions Judge Manjunath Nayak after representatives of the American company failed to appear before the court on February 16 despite an earlier summons.The suit has been filed b…
Seoul, Feb 11 (IANS) Samsung Electronics said on Wednesday it will showcase a new flagship smartphone during the Galaxy Unpacked event in the United States this month, teasing the new device will come with enhanced artificial intelligence (AI) features.The Galaxy Unpacked 2026 will be held in San Francisco on February 25 (US time), the South Korean tech giant said in the invitation titled “The Next AI Phone Makes Your Life Easier.””The new Galaxy S series is coming, built to simplify everyday in…
Washington, Jan 31 (IANS) A federal jury in San Francisco has convicted a former Google software engineer of stealing sensitive artificial intelligence trade secrets for the benefit of China, marking the first-ever conviction on AI-related economic espionage charges, US officials said.Linwei Ding, also known as Leon Ding, 38, was found guilty on seven counts of economic espionage and seven counts of theft of trade secrets after an 11-day trial before US District Judge Vince Chhabria in the North…