Page 83 - Data Science For News Today

The firm plans to disburse about Rs 200 crore in 2024 through its own non-banking finance company (NBFC) Padmalaya Finserve and other partner NBFCs.

Aurora Innovation, an autonomous vehicle technology company, has announced a workforce reduction of 3% as part of a reorganization exercise. The company, which had 1,700 employees by the end of 2022, conducted a review to ensure maximum efficiency. In a statement attributed to Cristopher Barrett, the senior vice president of people, Aurora confirmed that a limited number of roles were eliminated.

Google reached a settlement in a patent infringement lawsuit over chips in Massachusetts federal court. The settlement comes as closing arguments were scheduled to begin in Singular Computings lawsuit. Singular claimed that Google incorporated its technology into processing units that support AI features in Google services.

Spotify users in Europe can buy audiobooks and subscription plans within the music-streaming app starting in March. This move is a result of the regions new competition law for Big Tech. It allows Spotify to avoid Apples 30% fee for in-app purchases through the App Store. The Digital Markets Act (DMA) will enable Spotify to share details about deals, promotions, and better-value payment options in the EU

The worlds second-largest memory chip maker, South Koreas SK Hynix, said on Thursday it had returned to profit after four consecutive quarters of losses driven by demand for chips used in artificial intelligence. SK Hynix is South Koreas second most valuable company, with market capitalisation of more than 101 trillion won, trailing Samsung Electronics 443 trillion won.

Have your Sunday scaries ever given way to a "Nervous Ocean Monday Morning"? Does the weekend truly begin on Friday or on a "Wild and Free Chaotic Thursday Afternoon"? How should one dress for a "Paranormal Dark Cabaret Evening"? Those odd strings of words are titles of "daylists," a newish offering from music-streaming giant Spotify.

These policy changes will be in line with the 10-year roadmap for various aspects of cryptography, quantum technologies, cyber forensics research and development, and mobile and IoT device security prepared by the ministry of electronics and information technology.

Equinix and Nvidia partner to offer Nvidias supercomputing systems to corporate clients, making it easier for companies to own their own AI computing systems for privacy and security reasons. The service allows corporate customers to purchase Nvidia systems while Equinix builds and runs them efficiently. This partnership addresses concerns about controlling data and destiny. Equinix staff has been trained by Nvidia to build and operate the systems effectively.

The countrys fifth largest software services firm cited its business rationalisation measures as well as continuing macroeconomic headwinds impacting its clients across business segments for missing profit estimates.

The group said in a film presentation - ahead of its annual results publication in February - that it will invest €100 million in 2024 alone, fully funded by "internal efficiencies" and with no dilutive impact on its operating margin.