Welcome to the world of facts and news

Intel, Boston Consulting Group team to sell AI to corporate customers

Intel Corp and Boston Consulting Group on Wednesday said they are working together to sell generative artificial intelligence tools to big businesses.

from Tech-Economic Times https://ift.tt/Ddb74qu

Ecommerce not clicking as it did post pandemic; Namma Yatri daily rides in fast lane

After a pandemic-fuelled surge in online shopping, the industry is seeing moderate growth over the past few months. We have a detailed story on the state of play in the e-commerce market. This and more in today’s ETtech Morning Dispatch.

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

Inflated pay dampens startup executives’ job hunt

Professionals who are drawing extremely high salaries and looking to move out from troubled startups are facing sharp cuts in compensation while switching jobs.

from Tech-Economic Times https://ift.tt/MbkC9sE

EU antitrust regulators seeking more info on Apple Pay

The EU competition watchdog last year accused Apple of restricting rivals' access to its tap-and-go technology, Near-Field Communication (NFC), used for mobile wallets, making it difficult for them to develop rival services on Apple devices.

from Tech-Economic Times https://ift.tt/1Lfz0KF

Google's AI is coming to more companies near you

The cloud division inside Alphabet Inc is lining up customers to put its newest technology to the test, so-called generative AI that produces human-like prose or other content from past data.

from Tech-Economic Times https://ift.tt/WTEAs4G

Microsoft will not give employees salary raise this year: report

In January, Microsoft said it would let go of 10,000 workers, adding to the tens of thousands layoffs announced before that across the technology sector as it deals with slowing growth in a turbulent economy.

from Tech-Economic Times https://ift.tt/Mq23gZ9

'Rip and replace': The tech cold war is upending wireless carriers

The project had already been delayed for months because of storms, slow equipment shipments and labor shortages. The new snafu, discovered early this month, would add at least two more days and blow the budget, said John Nettles, the president of the family-owned Pine Belt Cellular, who was standing at the base of the tower.

from Tech-Economic Times https://ift.tt/HXkD21e

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...