Welcome to the world of facts and news

The AI chatbot that dragged Microsoft to hell

This week, news website Semafor reported that the software giant is in talks to invest $10 billion in OpenAI, the company behind the revolutionary new chatbot ChatGPT, in a deal worthy of Shank Tank’s hall of fame.

from Tech-Economic Times https://ift.tt/dwvpRKm

Overall outlook for tech services industry is still strong: Wipro CEO Thierry Delaporte

In an interview with ET’s Sai Ishwarbharath, Romita Majumdar and Surabhi Agarwal Wipro CEO Thierry Delaporte said that though there could be a slowdown in ramping up larger programs, the demand outlook for the $227 billion IT sector remains “strong”.

from Tech-Economic Times https://ift.tt/3ZOewH9

How a secret $10 million settlement could affect Tiger Global’s latest fundraising

The investment firm, which has pumped billions of dollars into hundreds of start-ups in recent years, is struggling to raise its latest venture fund since investors learned of a secret settlement with a senior female employee

from Tech-Economic Times https://ift.tt/fZulGzV

Tesla cuts prices in US, Germany in pivot to drive sales

The US price cuts on the Model 3 and Model Y ranged between 6% and 20% compared with the prices that held before the discount

from Tech-Economic Times https://ift.tt/EeWqm5l

Won't allow gaming firms to hijack narrative of self-regulatory body: MoS Rajeev Chandrasekhar

On Wednesday, Chandrasekhar met parents, schools and teachers’ associations to discuss various aspects of the draft online gaming rules.

from Tech-Economic Times https://ift.tt/dhRuKAp

France fines TikTok $5.4 million for online tracking shortcomings

French data protection watchdog CNIL said its investigation only concerned the website tiktok.com and not the service's much more heavily used smartphone applications.

from Tech-Economic Times https://ift.tt/3wWKm2z

Many PE, VC funds get Sebi notices; Infosys net profit up 13.4% in Q3

These private-equity and venture capital funds, registered with the Securities and Exchange Board of India (Sebi) as AIFs, failed to adhere to the fund tenures specified in their respective offer documents while garnering the corpus, the sources said

from Tech-Economic Times https://ift.tt/Xmf7oKD

Yellow.ai deploys 30% of global generative AI bots domestically

While markets like the US are mostly using GenAI for customer support in a bid to cut costs, India Inc. is using them as an opportunity to g...