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Paytm: AI tech: Paytm will axe jobs to cut costs - Vimarsana News

Paytm: AI tech: Paytm will axe jobs to cut costs

India Business News: BENGALURU: One 97 Communications, parent of fintech firm Paytm, on Monday confirmed a “slight reduction” in its workforce as part of cost-cutting meas.

5 things about AI you may have missed today: India preparing AI regulations, IBM's AI acquisition, more - Vimarsana News

5 things about AI you may have missed today: India preparing AI regulations, IBM's AI acquisition, more

AI Roundup: The Government of India has begun preparing regulations for AI. IBM has announced plans to buy AI platforms worth 2.3 billion dollars to bolster its AI offerings.

bytedance: OpenAI suspends ByteDance's account over 'secretly using' its AI tech - Vimarsana News

bytedance: OpenAI suspends ByteDance's account over 'secretly using' its AI tech

According to a report, internal ByteDance documents confirmed the "OpenAI API has been relied on to develop its foundational LLM". It was codenamed "Project Seed" during nearly every phase of development, including for training and evaluating the model, it added.

microsoft: Shanghai wants Microsoft to promote AI tech in city - Vimarsana News

microsoft: Shanghai wants Microsoft to promote AI tech in city

Shanghai authorities told Microsoft's visiting president on Tuesday they want his company to promote artificial intelligence technology to boost businesses there, the Chinese financial hub's government said.

ai: US chip curbs trip up China's AI-hungry tech giants - Vimarsana News

ai: US chip curbs trip up China's AI-hungry tech giants

Ecommerce titan Alibaba on Thursday became the latest Chinese firm to admit to feeling the bite of US sanctions, as it abandoned a plan to spin off its multi-billion-dollar cloud computing arm. It followed gaming giant Tencent's acknowledgement this week that its ability to sell advanced cloud services has been hit by the restrictions, which were introduced by Washington last year to prevent China's access to cutting-edge chips.