Krafton, the developer of Battlegrounds Mobile India (BGMI), said on Thursday that it is working closely with Indian authorities following the ban on its most popular Battle Royale game, which has over 100 million users in the country. During the company’s quarterly earnings call, Kraft CFO Bae Dong-geun stated that the company respects and understands the Indian government’s concerns. “We have been directly running the service based on stringent data security standards and monitoring. We will closely cooperate with the authorities to find ways for the users in India to…
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Business
Technoxian 6.0 – The War of Robotics
AICRA to organize 6th edition of Technoxian – World Robotics Championship Series. The event is supported by the Ministry of Electronics and Information Technology. Grand Inauguration ceremony and performance by Astitva. Vice Chancellors, Govt. officials, Foreign Delegates, CXOs and Principals are invited. Education and Technology Expo to showcase 150+ Technology Innovations. 1000+ Teams from India and other countries, nine categories of competitions. New Delhi 06,08,2022 : The All-India Council for Robotics and Automation announced the 6th edition of Technoxian – World Robotics Championship Series to be held on August 21st…
Read MoreTesla’s director of AI departs the company
Andrej Karpathy, Tesla’s Director of AI, has announced his departure from the company. Karpathy has worked at Tesla for the past five years. Prior to joining Tesla, he worked as a research scientist at OpenAI on computer vision and generative modelling. Further back, he earned his PhD at Stanford as part of the research team of leading AI expert Fei-Fei Li. Tesla will suffer a significant loss as a result of Karparthy’s departure. Karparthy led the Autopilot Vision team at Tesla. The Walton Centre NHS Foundation Trust has announced a…
Read MoreTechnoxian 6.0 – The War of Robotics
New Delhi, 20th July 2022: All-India Council for Robotics and Automation announced the 6th edition of Technoxian – World Robotics Championship Series to be held on August 21st and 22nd, 2022 at Indira Gandhi Stadium, New Delhi. Technoxian Robotic tournament challenges participating teams in different categories of robotic competitions and prepares them for a technology-driven future. The two-day event will bring together students and mentors from India and other 51 countries to participate in 10 Categories of competitions including Robo Race, Robo Soccer, Robo War, Maze Solver, Drone Challenge, RC…
Read MoreIndia plans to make Google, Facebook pay news publishers for using their content
Big digital companies like Google and Facebook may soon have to pay news publishers a price for utilizing their original content. The government has intimated that it is considering acquiring major content-creation companies such as Google, Meta, Microsoft, Apple, Twitter, and Amazon. Pay a percentage of revenue to Indian newspapers and digital news publishers for using their original content. Countries such as Australia, Canada, France, and Spain have already implemented the technique. The Minister of State for IT and Electronics, Rajeev Chandrasekhar, said the government is currently thinking about revising…
Read MoreIndustrial AI enterprise Detect Technologies raises $28M in funding
Detect Technologies, an AI-based SaaS startup, has raised US$28 million in a primary and secondary funding round led by Prosus Ventures, with participation from existing investors Accel and Elevation Capital. Other existing investors in the round included Shell Ventures, Bharat Innovation Fund, and Bluehill Capital. The startup was founded in 2013 by Daniel Raj David, Harikrishnan A.S., Tarun Mishra, and Karthik Rajasekaran. Detect Technologies is a cloud-based AI-powered enterprise tech SaaS startup that provides intelligence to industries for mitigating high-consequence risks. The platform has built a large library of AI…
Read MoreWhat are the AI trends in business?
AI will be used to simplify and improve operations in 2022 and the years that follow. Businesses should aim to gain from the commercial application of AI by strengthening their IT infrastructure and data management. However, not every deployed AI model may be beneficial to businesses and suited for performance monitoring. We’ll concentrate on AI trends that are likely to become widespread 2022. AI for Security & Surveillance Face recognition, speech recognition, and video analysis have already used AI approaches. These strategies are the most effective combination for surveillance and…
Read MoreAI21 Labs raises $64M to help it compete against OpenAI
AI21 Labs has raised $64 million in funding to compete with OpenAI and other NLP leaders. NLP (Natural Language Processing) competition is heating up. With its GPT-3 model, OpenAI is now regarded as the industry leader, although competitors are gaining traction. AI21 Labs is regarded as one of the most promising candidates by investors. “We completed this round during a period of market uncertainty, which highlights the confidence our investors have in AI21’s vision to change the way people consume and produce information,” said Ori Goshen, Co-Founder and Co-CEO of…
Read MoreMeta tells managers to identify low performers, employees fear layoffs
Meta has apparently requested company managers to identify poor performers, just weeks after the company warned of difficult times ahead. Some Meta employees are concerned about losing their jobs soon, while others are concerned about mass layoffs later. According to reports, Mahar Saba, Meta’s VP for Remote Presence, has directed managers to identify team members who “require care.” Saba has also reportedly instructed managers to “move to exit” under-performers and those “who are unable to get on track.” In the meantime, Meta rival Google is also slowing down hirings this…
Read MoreGoogle to slow down hiring for the rest of 2022
Google is slowing down hiring processes for the rest of 2022. Google will continue to support its “most significant opportunities,” according to a memo from CEO Sundar Pichai to staff published by The Verge, and will focus on hiring engineering, technical, and other vital roles. Pichai’s memo comes only weeks after Meta announced similar restrictions after failing to meet revenue expectations. Google has historically been somewhat resilient to economic uncertainty, and its subsidiary company YouTube performed well in Q4 2020 – the first year of the COVID-19 epidemic. Its ad…
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