Authors and a leading photo agency have brought suit over the past year, contending that their intellectual property was illegally used to train AI systems, which can produce humanlike prose and power applications like chatbots.
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23 going on 24: Making sense of a chaotic yet colourful year for India's tech sector
From 15.4 billion downloaded games to 138.08 crore people covered by Aadhar, India's tech sector had an eventful 2023. ET takes a look at the top 23 moments from 2023.
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from Tech-Economic Times https://ift.tt/rlzSZ31
Sam Bankman-Fried will not face a second trial: US prosecutors
In a letter filed on Friday night in federal court in Manhattan, prosecutors said the "strong public interest" in a prompt resolution of their case against the 31-year-old former billionaire outweighed the benefits of a second trial.
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US wants to contain China's chip industry. This startup shows it won't be easy
The production of advanced chips is one of the most contentious technological struggles now dividing the United States and China as they vie for economic and military supremacy. Washington is trying to curb China's access to sensitive microchip design tools.
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from Tech-Economic Times https://ift.tt/8vBtOHo
Chinese company BabyBus is taking kids for a ride
BabyBus is still very active in India despite TikTok and other Chinese apps being banned. Experts have raised questions over the handling of Indians’ data by the company that provides customised free digital content primarily for children.
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from Tech-Economic Times https://ift.tt/AGzOtZg
ETtech State of Startups Survey: Founders resist valuation cuts as funding drought drags on
In ETtech's annual State of Startups survey, conducted among 80 of India’s top founders, investors and internet executives, turning profitable emerged as the top theme amid predictions of more restructuring, layoffs and possible bankruptcy cases in 2024.
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DMI, Aditya Birla Finance in race to scoop up ZestMoney in firesale
ZestMoney, which was offering buy-now-pay-later (BNPL) loans to customers at ecommerce and offline checkout points, had around December 5 informed its employees about its plans to shut down by the end of this month. ET wrote on December 7 the company shut down mostly after its lending partners withdrew debt lines to the startup.
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from Tech-Economic Times https://ift.tt/sLzgrVx
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