Page 22 - Tech Prowess News Today

With regards to gen AI, 41 per cent of Indian businesses feel the pace of its adoption has been too quick, which has given rise to a number of challenges for decision makers, business owners and employees, Anil Sethi, vice-president, infrastructure solutions group, Dell Technologies India, told ET.

During Walmarts quarterly analyst call, chief financial officer John David Rainey said that Flipkart grew by double digits for the first quarter ended April 30.

Apple supplier, Foxlink of Taiwan, is setting up a new factory in Oragadam, close to Chennai. This move comes as part of a fresh expansion plan following a destructive fire at their facility in Tirupati, Andhra Pradesh, last year.

According to latest discussions, global investment firm KKR may sell around 10% stake in Mumbai-based tech-driven NBFC InCred but this may change depending on how the talks progress, sources told ET.

In what might also be considered crowdsourcing of ideas, new CEO Srinivas Pallia will moderate a virtual session for staff on June 12 on ways to develop strategies to help clients in artificial intelligence.

Google Labs is an incubator created by US technology firm Google to test and publicly demonstrate new projects.

LTTS, a mid-tier information technology firm, reached the $1 billion revenue milestone in 2023-24 2024.

As 10-minute delivery expands to include higher-value products, companies will soon realise that with big orders come big hurdles, say executives. Blinkit, Swiggy Instamart and Zepto have started selling products such as air coolers, fans and luggage, in addition to expanding into fashion, and listing high value items on their platforms.

“We are announcing a few new features on Microsoft 365 Copilot,” said Irina Ghose, Managing Director, Microsoft India & South Asia. “One is called Auto-complete, where you might start with the prompt, but youre not very clear how to complete it. It just goes and completes it for you.”

Fabricio Bloisi appointed chief executive of Prosus and Naspers, succeeding Bob van Dijk. Bloisi, current CEO of iFood, a food delivery business in Latin America, will start on July 1. Interim CEO Ervin Tu has been appointed president and chief investment officer. Outgoing CEO Dijk oversaw Prosuss 2019 IPO and the stocks upbeat performance during the pandemic.