Author: News Desk

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Is the Cost of Hiring Sam Altman Laying off 10K?
Business, United States

Is the Cost of Hiring Sam Altman Laying off 10K?

In January 2023, after making the news of massive layoffs by 10,000 employees, it seems the acquisition team at Microsoft is in a good shape to hire Sam Altman after his uneprecedented exit from OpenAI. Interestingly, this move comes at a time when the boardroom at OpenAI plays with rapid executive reshuffles. This hiring of Altman by Microsoft as the key stakeholder in AI technology highlights the escalating competition and innovation in the AI space, charging the landscape with formidable AI leadership. OpenAI's Leadership Carousel and Microsoft's Gain The media is still unaware of what turned against Sam Altman  leading OpenAI to fire him and already make to reshuffling including, the the appointment of Emmett Shear as the second interim CEO. Microsoft, also an investor in Ope...
A Room for Improvement for Women-led Startups
Business, India

A Room for Improvement for Women-led Startups

India's growing startup ecosystem is fuelled by innovation and entrepreneurial spirit, with Bengaluru taking the limelight with the highest number of women-led startups. Banglaore's policy framework and culture of risk-taking are the supposed accelerator to this vibrant startup community that records more than 61,400 across India. But is it all bright? Beneat this impressive growth is a challenge that speaks of gender divide in entrepreneurship. This divide despite recent initiatives and progress, remains a significant barrier. Bengaluru's Leadership in the Startup Ecosystem In India, Bengaluru, is the pampered child of technology; it is dubbed as the Silicon Valley of India for playing a pivotal role in accelerating India's startup promise. This startup landscape is not only ric...
Maharashtra Startup Revolutionizes Onion Farming
Business, India

Maharashtra Startup Revolutionizes Onion Farming

In Maharashtra, India, a series of droughts between 2013 and 2015 led to a significant shift in agricultural practices. Startup Entrepreneurs from Maharashtra, Saurabh Kadam and Prasad Deshmukh, found an opportunity in onion farming, a crop that could grow quickly and was economically viable, especially during the water-scarce periods. This marked the beginning of their journey towards revolutionizing onion farming through mechanization. Saurabh Kadam, who holds an MTech in Civil Engineering from the Sangli-based Rajarambapu Institute of Technology, decided to switch careers from his construction business to agriculture. Partnering with Prasad Deshmukh, they focused on developing machinery for onion farming. This decision was influenced by the intensive labor r...
London-based Thymia Makes Mental Health Measurable
Technology

London-based Thymia Makes Mental Health Measurable

Thymia, a pioneering mental health technology company, aims to solve the world's mental health problem by making mental health as easy to measure and track as physical health. Over a billion people around the world have poor mental health, and a shocking 75% of them can't get the help they need. Thymia seeks to bridge this gap by using the latest artificial intelligence (AI) technologies. The current state of mental health care is poor because there are long wait times and not enough specialists. People with depression take more than 10 years on average to find the right care,  and fewer than 50% of cases are correctly diagnosed by general practitioners (GPs). Thymia's new way of doing things is meant to change this story. By using ethical AI models to look at speech, movement, a...
ZARA UK Fails 21-Year-Old Non-Binary Person a Safe Trial
Marketing

ZARA UK Fails 21-Year-Old Non-Binary Person a Safe Trial

Let's take a moment to discuss ZARA at Oxford, UK, as per a report in The Oxford Mail. I came across this post on my Linkedin timeline and was appalled to see many derogatory remarks on the 21-year-old Girogio who felt "dehumanised" on being turned down for a trial in the "women's" trial room in the absence of a gender-neutral trial room. ZARA UK Fails Non-Binary Person The post shared by some Linkedin user attracted many "dehumanizing" remarks from some* men, some* women, and some* people with disability. I was at a loss for words to see the lack of awareness and respect for a fellow human. I was amazed at how the women and people with disability reacted. Women who commented there remarked how can a nonbinary man ask for the women's trial room. It is a matter of safety! A veteran...
Entrepreneurs of Startup TN Secure Funding from the Government
Business, India

Entrepreneurs of Startup TN Secure Funding from the Government

In a noteworthy turn of events, the Tamil Nadu Startup and Innovation Mission (Startup TN), which administers the Tamil Nadu SC/ST Startup Fund, has awarded money to three firms that are managed by entrepreneurs who are members of the Scheduled Tribes. This is the first time that money has been given to tribal firms, marking a significant step towards the goal of inclusive mass entrepreneurship. M.K. Stalin, the Chief Minister of Tamil Nadu, recently handed over sanction orders for investments totaling 9.75 crores in eight new businesses. These new businesses include three businesses owned by tribal people. Because of this investment, the government now holds a stake in each of these businesses as a shareholder. The TAMS Tribal Green Fuel Pvt Ltd firm is committed to green fuel and e...
The New ChatGPT-4 Features & How it Succeeds ChatGPT-3
Technology

The New ChatGPT-4 Features & How it Succeeds ChatGPT-3

The new GPT-4 chatbot, which was released on March 14, is the successor to the GPT-3 chatbot and is the technology that was used to create the popular chatbot ChatGPT. OpenAI, the firm that was responsible for the immensely popular chatbot ChatGPT, has announced the launching of its new chatbot, GPT-4. Elon Musk and Sam Altman's San Francisco AI lab said in a blog post that their newest version is "multimodal," meaning that it can take in both images and text and provide written results. here is GPT-4, our most capable and aligned model yet. it is available today in our API (with a waitlist) and in ChatGPT+.https://t.co/2ZFC36xqAJ it is still flawed, still limited, and it still seems more impressive on first use than it does after you spend more time with it. — Sam Altman ...
Good News: AI Creates More Jobs on Fiverr Marketplace
Business

Good News: AI Creates More Jobs on Fiverr Marketplace

According to the World Economic Forum, the impact of automation on the job market is twofold: it may displace 75 million jobs, but it also presents the chance to create 133 million new ones. So, AI is not just about automation, it also creates more jobs.  In this argument, we've also got PwC (Source) sharing vital insights- Artificial intelligence (AI) can revolutionize the global economy's productivity and GDP potential. For this to occur, strategic investments in various types of AI technology are required. Initial gains in GDP will be driven by increases in labor productivity as companies strive to "enhance" the productivity of their labor force with AI technology and automate certain tasks and functions. In addition, our analysis indicates that by 2030, 45 percent of tot...
The Latest from the Malware Industry, Raspberry Robin Malware
Cybersecurity

The Latest from the Malware Industry, Raspberry Robin Malware

As per Hacker News, Microsoft has informed of a new type of malware. Since Q4, 2022, the new malware is known to trigger payload alerts on devices of almost 1,000 organizations. This malware is used to introduce ransomware. As per TrendMicro, the new malicious code, Raspberry Robin Malware targeted telecommunication entities from Latin America, Oceania (Australia), and Europe. The Raspberry Robin malware is transmitted through infected removable drives such as USB devices. The malware gets activated when a  ‘.LNK’ file is double-clicked. Terry Olaes, Senior Technical Director at Skybox Security, says that “Skybox Research Lab found that the malware industry has continuously churned an array of malicious software, including cryptojacking and ransomware programs, which increased by...
Defense Tech Startup Anduril Bags a Series E for $1.5B
Business, Cybersecurity, United States

Defense Tech Startup Anduril Bags a Series E for $1.5B

Costa Mesa, California-based defense tech startup Anduril has closed it big by clocking in a $1.5B in Series E for an evaluation of $8.5B, double the startup's last valuation in June 2021. The Series E funding for defense tech startup Anduril has been led by Valor Equity Partners, among Founders Fund, Andreessen Horowitz, General Catalyst, 8VC, Lux Capital, Thrive Capital, DFJ Growth, Elad Gil, Lachy Groom, Human Capital, Marlinspike, WCM Investment Management, MVP Ventures, Lightspeed Venture and US Innovative Technology Fund. To aid the United States and its allies in combating the "software-defined conflicts of tomorrow," Anduril integrates artificial intelligence (AI), robotics, computer vision (CV), cybersecurity, and new networking technologies to create software and hardware-base...
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