Page 13 - Tech Prowess News Today

The legal battle began in 2018 when PhonePe issued a legal notice to BharatPe, asking the latter to stop using Pe in Devanagari script in their brand name.

CEO Rajiv Ramaswami told ET in an exclusive interaction on the sidelines of the companys annual .NEXT conference in Barcelona that Nutanix sees its India growth rate outpacing its projected global metrics for Annual Recurring Revenue (ARR) and profitability.

EU task force criticizes OpenAIs efforts to improve accuracy of ChatGPT output in compliance with data rules.

Airlines, hotels, and retailers urge EU tech regulators for fair treatment in Googles compliance with DMA regulations. Concerns raised about revenue impact as Googles response focuses on changes favoring large intermediaries and aggregators, with ongoing investigations by the Commission.

EUs industry chief calls for new tech regulations for global digital market. Leading in tech regulation with DMA and AI Act. U.S. facing antitrust lawsuit against Apple by Department of Justice.

Googles AI-powered search engine now provides instant answers, but errors like fake facts and debunked theories are causing concern. Experts warn of bias, misinformation, and potential dangers, especially in emergency situations.

Meta Platforms offers to limit data use on Facebook Marketplace as per CMA. Competitors can opt out of data use. CMA accepts changes on provisional basis, seeks feedback till June 14.

Nazara Technologies reported a 43% increase in profit after tax to Rs 17 crore for Q4 FY24. Operating revenue for March fell 8% to Rs 266 crore. FY24 PAT from operations grew to Rs 89 crore. Founder Nitish Mittersain is optimistic about accelerated growth in revenue and EBITDA in FY25.

A Silicon Valley firm used generative AI in the Sable Spear operation to analyze Chinese fentanyl trafficking data, surpassing human analysis. It predicted Russias invasion of Ukraine and alerted government customers to North Korean missile launches. U.S. intelligence agencies are exploring AI for geospatial intel and assessing AI missions.

AWS Kumara Raghavan discussed the mature Indian startup ecosystems potential to become the third largest economy, citing labor addition, infrastructure growth, and GenAI technology as key factors.