Welcome to the world of facts and news

Meta unveils a more powerful AI and isn't fretting over who uses it

Zuckerberg, the CEO of Meta, said on Tuesday that he planned to provide the code behind the company's latest and most advanced AI technology to developers and software enthusiasts around the world free of charge.

from Tech-Economic Times https://ift.tt/NeVv0cW

Teladoc expands Microsoft tie-up to document patient visits with AI

The integration of AI including Microsoft's services with technology from OpenAI, owner of viral chatbot ChatGPT, will help ease the burden on healthcare staff during virtual exams, Teladoc said on Tuesday.

from Tech-Economic Times https://ift.tt/xLEsKt5

TikTok needs to do more to comply with Europe's new digital rules, official says

TikTok needs to do more to get ready for new European Union digital rules designed to keep users safe online, a top official said Tuesday.

from Tech-Economic Times https://ift.tt/NyfbxV0

LTIMindtree’s Q1 net profit up 4% to Rs 1,152 crore, misses Street estimates

Revenue came in at Rs 8,702.1 crore, up 13.8% year on year, which also missed estimates. The company created from the merger of erstwhile Larsen and Toubro Infotech and Mindtree started operating as a merged entity in December 2022.

from Tech-Economic Times https://ift.tt/hJZP6sf

IT firms eye fixed price projects to improve margins

Fixed-price projects allow better cost control and a greater ability to introduce automation in projects and expand margins. By contrast, ‘time and material’ control are directly linked to the number of people hard-locked to billable projects.

from Tech-Economic Times https://ift.tt/OeHA4uF

Factors.ai raises $3.6 million in funding led by Stellaris Venture Partners

The startup — founded by Srikrishna Swaminathan, Aravind Murthy, and Praveen Das in 2020 — aims to use the capital to scale its go-to-market teams, including sales, marketing, and customer success while bolstering its product and engineering divisions.

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

Fintech startups crowd NBFC queue to enter credit lane

A growing number of fintechs are hoping to play the credit game to keep users sticky and expand revenue opportunities

from Tech-Economic Times https://ift.tt/k1M5ISY

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...