OpenAI, the renowned artificial intelligence research lab, is making preparations to introduce a new open-source language model to the public, according to a report from The Information. An insider familiar with the plan revealed this development, signaling an exciting advancement in the field of generative AI. OpenAI’s ChatGPT, a language model capable of producing prose or poetry upon command, has garnered significant attention within Silicon Valley. Investors and industry observers alike view generative AI as the next major growth area for technology companies. Earlier this year, Microsoft Corporation announced a…
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ISRO Prepares for Upcoming PSLV-C55 Mission
The Indian Space Research Organisation (ISRO) is gearing up for its next mission, the Polar Satellite Launch Vehicle (PSLV)-C55, which is expected to take place on April 22. The mission will be launched from the Satish Dhawan Space Centre in Sriharikota, Andhra Pradesh. The PSLV-C55 mission will be the first rocket to be integrated at the new PSLV Integration Facility (PIF) and is set to carry a Singaporean satellite. The latest updates on the mission have been shared by ISRO Spaceflight on Twitter, stating that the first and second stages…
Read MoreReal Estate Vertical Of AICRA – National Association Of Smartcity Developers & Aggregators (Nasda)
All India Council for Robotics and Automation (AICRA), is a not-for-profit apex organization, constituted in the year 2014, for setting up standards for Robotics and Automation in India as well as helping more than 3500 members and professionals to solve difficult technical problems. AICRA is focused on building the architectural integral to the development of the automation sector. “To consider and take up the issues of the developers and aggregators engaged in the Smartcity Mission of the Government of India, National Association of Smartcity Developers & Aggregators (NASDA) is functioning…
Read MoreIndian Association of Food and Agricultural Technology Development Launches to Boost Innovation in the Agriculture Sector
New Delhi, India – The Indian Association of Food and Agricultural Technology Development (IAFAT) by All India Council For Robotics & Automation (AICRA) is set to launch, aimed at driving innovation and sustainable growth in the agriculture sector. The association, which will bring together a diverse range of professionals, including researchers, entrepreneurs, and policymakers, will focus on addressing the challenges faced by the Indian food & agriculture sector through the development and adoption of cutting-edge technology and modern practices. The Indian food & agriculture sectors are critical to the country’s…
Read MoreExploring New Frontiers: AICRA and Metaverse blockchain team up for cutting edge solutions
20-03-2023 , New Delhi : AICRA has signed a Memorandum of Understanding (MoU) with Metaverse Blockchain Solutions, a training service provider specializing in blockchain training programs. The agreement aims to embrace various programs and initiatives for blockchain, AR/VR, and other technologies. AICRA firmly believes that blockchain technology can provide greater security, efficiency, and transparency in various processes. Through the Memorandum of Understanding (MoU) signed with Metaverse Blockchain Solutions, AICRA is committed to collaborating on joint trainings, workshops, consultancy, short and long duration certificate programs, or any other program mutually agreed…
Read MoreFormer Microsoft VP of HR Reveals Types of Employees at Risk of Layoffs
As companies around the world continue to navigate the COVID-19 pandemic impact, many are facing the difficult decision of laying off employees. In a recent interview with India Today, former Microsoft VP of HR, Kathleen Hogan, revealed the types of employees that are most at risk of being laid off. According to Hogan, the three types of employees that are at most risk of being laid off are: Employees who are not performing well: If an employee is not meeting the company’s performance expectations, they may be at risk of…
Read MoreChinese e-commerce giant Alibaba-backed Daraz cuts workforce by 11%
Daraz Group, an e-commerce platform owned by Chinese giant Alibaba Group is reducing its workforce by 11% to prepare for the ‘current market reality. Mikkelsen cited a difficult market environment, including a war in Europe, massive supply chain disruptions, soaring inflation, higher taxes, and the removal of essential government subsidies in its markets. The organization is active in Pakistan, Bangladesh, Sri Lanka, and Nepal. Daraz, Pakistan’s largest e-commerce retail platform, was founded in 2012 and purchased by Chinese giant Alibaba (9988.HK) in 2018. It has 100,000 SMEs on its platform in Pakistan….
Read MoreTN CM launches platform for global Tamil investors to invest in State’s start-ups
MK Stalin, the Chief Minister of Tamil Nadu, launched the Global Tamil Angels platform (www.tamilangels.fund) on Monday, inviting investors from the global Tamil diaspora to invest in the state’s start-ups. The platform debuted at the “Global Startup Investors Summit,” which was co-hosted by the Tamil Nadu Startup and Innovation Mission and the FeTNA International Tamil Entrepreneur Network. At the event, a multi-billion-dollar American Tamil Fund (ATF) was announced by investors from the Tamil Diaspora in the United States to invest in the state’s start-ups. According to a press release, the…
Read MoreSaaS startup Actyv.ai raises $7M led by 1Digi Ventures
Singapore-headquartered enterprise SaaS platform Actyv.ai has raised $7 million in a pre-Series A funding round led by 1Digi Ventures, a family office based in Singapore. Previously, the startup had raised $5 million as part of its pre-Series A round, taking the total raise to $12 million in this round. It is also in talks to raise its next Series A round of funding and expects to close in another 3-4 months. Founded in 2019 by Raghunath Subramanian, About actyv.ai actyv.ai is an AI-powered enterprise SaaS platform with embedded B2B Buy Now Pay…
Read MoreMetaverse platform Trezi raises over $2M in a Series A round
Trezi, a homegrown metaverse platform, has raised over $2 million in a Series A funding round led by World V, YourNest Venture Capital, and Auxano Capital, with participation from She Capital. The startup intends to use the funds raised to accelerate platform development in the metaverse and expand into high-potential new geographies. Trezi, founded in 2018 by Tithi Tewari and Gautam Tewari, said it allows clients to upload architectural models for real-time viewing, editing, and remote collaboration. The startup claims that leading brands such as Schneider Electric, GMR, NCRTC, St…
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