Page 82 - Data Science For News Today

Thanks to the popularity of OpenAIs chatbot ChatGPT, the AI industry has been a rare bright spot in a subdued start-up funding environment.

New CEO Alex Chriss has called 2024 a "transition year" for PayPal, and has promised to grow revenues beyond transaction-related volume. Investors hope Chriss, who was previously a senior executive at software company Intuit, will revive PayPals stock, which is down more than 22% from January 2023 due to margins which have underwhelmed investors.

According to the report, Flipkarts user base grew 21% year-on-year (YoY), Meesho accelerated at 32% while Amazon lagged at 13% user growth primarily due to relative premium offerings as compared to peers.

Investors would be able to purchase government securities and other bonds using digital currency in their wallets. This would have the twin benefit of widening digital currency usage beyond the simple merchant payments at present and also help boost retail participation in the government bond market.

Indias proposal to the World Trade Organizations (WTO) 13th ministerial conference to refrain from extending a moratorium on imposing customs duties on electronic transmissions would impact the semiconductor design ecosystem in India, industry bodies told ET.

Young Liu, the chief executive officer of Taiwanese contract manufacturing giant Foxconn, on Friday said he was "deeply honoured" to be conferred with the Padma Bhushan. The top boss of the iPhone maker was announced as one of the awardees of the third-highest civilian honour by the government late Thursday.

In an interview, CEO Pat Gelsinger said that the companys core businesses of PCs and servers were hitting seasonal low demand at the same time as noncore businesses such as auto chip firm Mobileye. Intel no longer gives full-year financial forecasts, but Gelsinger said the company has $2 billion worth of orders for its AI chips and expects better sales later in the year.

AWS Mississippi expansion plan comes days after it announced a more than $15 billion investment in Japan, and Googles move to set up a data centre just outside of London for $1 billion.

Vietnam is seeking to attract chipmakers and wants to boost its renewable energy sector but it has so far struggled to adopt rules that would allow the expansion of its solar and onshore wind industry and the development of offshore wind farms of which it has none now.

Democratic senator Ron Wyden released the December 11 letter and called upon US intelligence officials to stop using Americans personal data without their express knowledge and consent, saying it was unlawful.