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ARTIFICIAL INTELLIGENCE PRODUCTIVITY
US productivity rises faster than expected in second quarterUS worker productivity saw a stronger than anticipated 1.4% rise last quarter. This growth follows a revised 0.8% increase in the prior per...- X product head Nikita Bier steps down after one yearAnnouncing the move in a post on X, Bier wrote, "Ladies and gentlemen, it's time to pass the torch and demote myself to my natural state: a...
- Sanjay Ghemawat, the Kota kid who spent decades at Google building large-scale computing, is now leaving to make an AI that can run thousands of experimentsSanjay Ghemawat, the Google scientist who grew up in Kota, Rajasthan, is leaving the company after nearly three decades. Ghemawat helped bu...
- Explained: How AI-led Kospi, Nikkei selloff sparked record 15% drawdown in Asian funds in JulyAsia’s major multi-strategy funds suffered sharp July losses as an AI-linked stock selloff across Japan, South Korea and China erased much ...
- Meta chases OpenAI, Anthropic with new AI coding app Muse CodeMeta entered the race for automated coding tools on Wednesday when it announced a new app for developers of artificial intelligence product...
- Google's Jeff Dean launches AI startup Discovery LoopAnnouncing the venture on X, Dean wrote, "We are founding Discovery Loop... a Public Benefit Corporation whose mission is to automate machi...
- Gracenote anchors global AI development in India, unveils MCP server for entertainment discoveryGracenote's India technology center is leading the company's artificial intelligence development efforts. This includes a new Model Context...
- Sterlite Tech, HFCL gain 5% each on reports of US ban on Chinese data centre devicesShares of Sterlite Technologies and HFCL rallied 5% each after reports that the US administration is considering restrictions on Chinese da...
- World Bank urges developing nations to seize AI opportunityDeveloping nations should embrace artificial intelligence for rapid advancement. AI offers significant improvements in healthcare, educatio...
- US trade deficit contracts in JuneThe United States trade deficit saw a decrease in June. This contraction occurred as imports dropped significantly during the month. Howeve...
- Bharat Electronics Limited, Esri India sign MoU to develop GIS, GeoAI solutions for India's defence sectorBharat Electronics Limited and Esri India have signed a Memorandum of Understanding. This collaboration focuses on defence projects involvi...
- Germany's Agile Robots acquires majority stake in Bengaluru's XNG Automation to expand India footprintThe acquisition comes months after Munich-based Agile Robots announced a strategic research partnership with Google DeepMind to integrate t...
- Career warning for Gen Z: How IT industry's AI obsession will create a purchasing power crisis, Zoho's Sridhar Vembu explainsZoho co-founder and Chief Scientist Sridhar Vembu has warned that the IT industry's growing focus on AI is reducing new hiring, as companie...
- Taiwan's economy grows by almost 13% on AI demandTaiwan's exports surged 21.6% year-on-year in the second quarter, which was "mainly driven by the sustained strong external demand for arti...
- Fireflies.ai joins Rotterdam Dockers as founding investor ahead of inaugural ETPLAI productivity platform Fireflies.ai and its founder-CEO Krish Ramineni have joined Rotterdam Dockers as founding investors ahead of the i...
- From operational efficiency to intelligent decision-making: AI's new role for COOsChief Operating Officers now leverage artificial intelligence for enhanced operational efficiency. AI solutions analyze vast data, predicti...
- Yash Raj Films, Google to host AI filmmaking workshop for creative communityYash Raj Films teams up with Google to conduct an AI filmmaking workshop targeted at creators. This event is designed to equip filmmakers w...
- Apple crosses $5 trillion market cap on Tuesday trading, becomes second company to achieve milestoneApple briefly crossed the $ 5 trillion market capitalization mark on Tuesday. The company reclaimed its position as the world's most valuab...
- Global Market | AI boom could complicate central banks’ inflation assessment, monetary policy decisions: BISArtificial intelligence complicates economic assessments for central banks globally. The technology simultaneously boosts demand and expand...
- Sam Altman eyes South Korea as testbed for OpenAI's first hardware deviceOpenAI's CEO is keen to test its inaugural hardware in South Korea, aimed for release by the first quarter of next year. This innovative sc...
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