Alibaba shows off its generative AI tech, to roll out Tongyi Qianwen in all apps

Called Tongyi Qianwen, the AI large language model drafted invitation letters, planned trip itineraries and advised shoppers on types of makeup to purchase in a filmed demonstration.

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Google fined $32 million in South Korea for blocking release of games on competitor's platform

The Korea Fair Trade Commission (KFTC) said on Tuesday that Google bolstered its market dominance, and hurt local app market One Store's revenue and value as a platform.

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ETtech Interview: Zerodha's Nithin Kamath on profits, market volatility & correction; venture funding gains momentum in generative AI sector

India’s largest stock broker Zerodha’s founder & CEO Nithin Kamath expects the firm's revenue and profits to expand by one-fifth in the year ended March 31, 2023. But if recessionary trends and market volatility, triggered by geopolitical instability continue, the company’s revenue could fall 40% by the end of FY24, Kamath told ET.

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Fears of regulatory overreach emerge as tech rules overlap

While experts are requesting the government to step in and create "harmony" between different legislations to ensure clarity and for ease of doing business for tech companies, minister of state for electronics and IT Rajeev Chandrasekhar said recently that the government would eventually take a call on such matters.

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TCS iON wins Oxford admissions test mandate

​​​This will replace Cambridge Admissions Assessment Testing (CAAT), which will continue to deliver the TSA (social sciences entrance) and BMAT (medicine entrance) tests for relevant courses for one more year. Deal financials were not disclosed.

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JSW One Platforms raises Rs 205 crore in funding from Mitsui at Rs 2,750-crore valuation

It plans to use the funds to strengthen its market presence and enhance tech capabilities and expand operations in newer geographies such as NCR, Gujarat, Rajasthan, Madhya Pradesh, and Chhattisgarh.

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FTX collapse: a dizzying concoction of 'hubris, greed and incompetence', reveals debtors' report

The report is the first released by FTX debtors since Sam Bankman-Fried’s digital-asset empire rapidly collapsed into bankruptcy in November, with billions of dollars in customer funds lost.

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