BENGALURU: Infosys sees a $300-$400 billion opportunity in AI-led services by 2030 and believes the technology will amplify, rather than diminish, the role of IT services companies, chairman Nandan Nilekani said on Tuesday.“AI will not replace companies like ours. It will amplify those who move with purpose and adapt with speed,” Nilekani told shareholders at…
Federal officials are urging the lone major tech company holdout to allow government safety evaluations, weeks after ordering Anthropic to pull its latest model. Source link
NEW DELHI: The index of infrastructure industries grew 0.5 per cent in May, the slowest pace of expansion since last Oct, as only three of the eight sectors registered higher output. While cement expanded at 8.4 per cent, steel saw production rise by 5 per cent and power generation was 8.7 per cent higher, according…
Chinese firms have some of the world’s most advanced technology. But U.S. officials say relying on it could come with a downside. Source link
Gold price prediction today: A consistent rise in gold prices due to drop in oil prices is being constrained by hawkish outlook from central banks which are signalling a possible rate hike to keep inflationary pressures in check, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
With CBS News rocked by controversy, some viewers have turned to the network ombudsman for a public response. So far, they haven’t gotten one. Source link
The Securities and Exchange Board of India (SEBI) has launched a comprehensive review of regulations governing stock exchanges, clearing corporations and commodity derivatives exchanges. The exercise includes a proposed overhaul of technology-related rules as part of efforts to improve ease of doing business and reduce compliance burdens in the securities market.In a press release issued…
A reopening of the Strait of Hormuz would do little to swiftly ease the pain inflicted by higher prices for fertilizer, food and fuel in Ivory Coast. Source link
Kunal Shah is leaving the operating helm of CRED to run WhatsApp globally There are exits, and then there are the kind that look as though they were engineered by a founder who has spent his career thinking in second-order effects, and the departure of Kunal Shah from the chief executive’s chair at CRED belongs…
The company said it had shuttered a Maryland location because of “declining conditions” in a surrounding mall. The union accuses Apple of retaliation. Source link
