A federal judge in Manhattan will sentence Trevor Milton, founder and former CEO of the truck company Nikola, after a jury found him guilty last year of one count of securities fraud and two counts of wire fraud. Milton was accused of pumping up the value of Nikola stock by making extravagant claims about the company.
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OpenAI says board can overrule CEO on safety of new AI releases
The release of the guidelines follows a period of turmoil at OpenAI after Chief Executive Officer Sam Altman was briefly ousted by the board, putting a spotlight on the balance of power between directors and the company’s c-suite.
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Unicorn Slice eyes $100 million to fuel its banking dreams
The Bengaluru-based fintech firm is scouting for fresh equity and is trying to get a good deal from investors. The talks are still at an early stage and, given the overall funding winter, might take a few months to close, sources told ET.
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Activision Blizzard to pay $54 million to settle California state workplace discrimination claims
Activision Blizzard has agreed to pay about $54 million to settle discrimination claims brought by California's civil rights agency on behalf of women employed by the video game maker.
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AI’s Magic Call: how AI will make smartphones smarter
Artificial intelligence will unlock limitless possibilities in smartphones once they fully adopt the technology and make it a part of their offerings. Here's how AI will make smartphones smarter and unleash the next phase of growth for the industry
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Seeing eye to AI: risk and impact of artificial intelligence use in businesses
Along with independent research and analysis firm Foundry, looked at actions, experiences, and projections of more than 1,000 decision-makers, C-level executives, business leaders, automation leaders and practitioners across industries and regions over two months. The report underscored three topics – AI, productivity improvements and scalability.
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Infosys inaugurates Rs 230 crore development centre in Nagpur
"Infosys inaugurates a new development centre in Nagpur. With over Rs 230 crore investment, the 2,65,000 sq ft unique state-of-the-art building is an integration of art and science," according to a release.
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