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UK must seize opportunities of AI to remain a tech capital: PM Rishi Sunak

Governments around the world are now trying to find a balance whereby they can assess and rein in some of the potential negative consequences of AI without stifling innovation.

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Andreessen Horowitz to open its first international office in London

The London office, set to open later this year, will work with universities in the UK and support the development of blockchain technologies and startups, the company said in a statement, adding that it will be led by one of the firm's general partners, Sriram Krishnan.

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IAMAI fumes over new anti-tobacco rules for OTTs; Local firms ride ‘AI outsourcing’ wave

The Internet and Mobile Association of India (IAMAI) is asking the government to renotify the latest anti-tobacco rules impacting video streaming platforms, this time after consulting the industry.

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Policybazaar expands revenue share from new business lines

PBFintech has narrowed loss margins in new businesses to 1% from 51% in less than two years.

from Tech-Economic Times https://ift.tt/C05372E

Russia's VTB may pull out of running for internet giant Yandex stake: CEO Andrei Kostin

Often dubbed "Russia's Google", Yandex is making progress on a corporate restructuring plan that should see it divest ownership and control of core, Russia-based businesses.

from Tech-Economic Times https://ift.tt/SDo8uFj

Germany refusing Intel's additional demand for subsidies for chip plant: report

The company was due to receive 6.8 billion euros in government support for its fabrication plant in Germany. However, due to higher energy and construction costs, it is now demanding about 10 billion euros, Financial Times reported.

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Their crypto company collapsed. They went to Bali.

Their Crypto Company Collapsed. They Went to Bali.

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