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Top News In Programme In Data Science Today - Breaking & Trending Today

openai: John Grisham, other top US authors sue OpenAI over copyrights

The proposed class-action lawsuit filed late on Tuesday by the Authors Guild joins several others from writers, source-code owners and visual artists against generative AI providers. In addition to Microsoft-backed OpenAI, similar lawsuits are pending against Meta Platforms and Stability AI over the data used to train their AI systems. ....

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xiaomi: Karnataka HC to hear Xiaomi appeal against Rs 5,000 crore ED award on October 12

The tech firm also reiterated before the division bench that Section 37A of FEMA was unconstitutional, saying that it gives unbridled and unfettered power to authorities to freeze company accounts on mere suspicion without reasonable proof. ....

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nykaa: A third of Nykaa GMV in FY23 has come from new businesses: CEO Falguni Nayar

Nykaa has clocked a total GMV of Rs 9,743 crore and net revenue of Rs 5,143 crore during FY23. ....

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ocado retail: More shoppers help British online supermarket Ocado return to growth for items sold

The volume growth helped the 50/50 joint venture between Ocado Group and Marks & Spencer report a 7.2% rise in revenue to 570 million pounds ($705 million) in its third quarter to Aug. 27, up from 5% growth in the first half. ....

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instacart ipo: Instacart valued at $9.9 billion as IPO market rebounds

Instacart s parent company, Maplebear Inc, priced its IPO at the top of its range, resulting in a $9.9 billion valuation. This is significantly lower than the $39 billion valuation assigned to Instacart in a private fundraising round during the height of the pandemic. The IPO raised $660 million, with shares set to begin trading on Nasdaq. The successful IPO reflects the rebound of the US IPO market, which had been stagnant until recently. Instacart s revenue for the first half of the year was $1.48 billion, with a net income of $242 million. ....

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