Page 21 - Data Science For News Today

Apple has people working on a robot that would follow people around at home and be helpful, according to Bloomberg report that cited unnamed people familiar with the situation.

The island plays an outsized role in the global chip supply chain as it is home to the worlds largest chipmaker Taiwan Semiconductor Manufacturing Co, which supplies chips to Apple and Nvidia. The country also houses smaller chipmakers, including UMC, Vanguard International Semiconductor, and Powerchip Semiconductor Manufacturing.

The European Union has struggled to agree to a cybersecurity certification scheme (EUCS) to vouch for the cybersecurity of cloud services and help governments and companies in the bloc to select a secure and trusted vendor for their business.

Microsoft last month hired co-founders Mustafa Suleyman and Karen Simonyan and most of Inflections 70-strong team for a newly created unit called Microsoft AI, as the U.S. software giant consolidates and expands its AI offerings for consumer products.

NCLAT ordered the IRP of Sporta Technologies, operator of Dream 11, to maintain the company as a going concern, halting insolvency steps during the CIRP stay by NCLT Mumbai bench, after an urgent plea by Dream11 COO Bhavit Sheth.

Lambda secures $500M loan with Nvidia chips as collateral to enhance GPU Cloud. Plans include acquiring H200, B200, and GB200 AI chips. Macquarie Group, fast AI chips shortage, and Lazards involvement highlight the competitive AI market.

Perfios, led by Sridhar Narayan, prepares for a domestic IPO by 2025. The fintech startup focuses on international growth, revenue diversification, and leadership team strengthening, aiming for global expansion and operational excellence.

PhonePe and Paytm are testing audio ads on sound boxes at retail stores with FMCG brands. The ads, targeting impulse-buying, lack measurement tools for now, posing revenue challenges despite potential targeting opportunities.

Arch0 raises $1.25M led by Leo Capital with diverse investor participation. Focused on US market, AI development for cloud security. Intends to address cybersecurity challenges in a growing market with increasing automation demand.

Singtel, majority-owned by Singapore sovereign investor Temasek, in March denied an AFR report that it was offloading Optus to Canadas Brookfield for up to $12 billion.