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Generative AI unlikely to significantly impact India’s IT expenditures until 2025, says Gartner

Gartner predicts that generative AI will not significantly alter India’s corporate IT spending until 2025, despite the technology’s potential. Indian IT spending is expected to increase by 10.7% in 2024,…

Paraguay dismisses official for endorsing Nithyananda’s fictional nation Kailasa

Arnaldo Chamorro, an official in Paraguay’s Agriculture Ministry, was dismissed for signing a memorandum with representatives of Nithyananda’s fictional country, the United States of Kailasa. The memorandum suggested that Paraguay…

OpenAI’s GPT Store launch delayed to 2024 following boardroom upheaval

OpenAI’s GPT Store, a platform for AI applications, was originally set to launch in 2023 but has been postponed to early 2024. The delay follows a boardroom coup that resulted…

Leaked email reveals Twitter CEO’s praise for Elon Musk’s controversial interview

Linda Yaccarino, CEO of X-formerly-Twitter, praised Elon Musk’s controversial onstage behavior in a leaked internal memo. Despite Musk’s recent antisemitic comments and conspiracy theories, Yaccarino lauded X as a ‘maverick…

AI advancements to boost smartphone sales from 2024, predict Goldman Sachs and Morgan Stanley

Smartphone sales are expected to rebound by nearly 4% in 2024 and 4.4% in 2025, driven by new on-device AI capabilities, according to Morgan Stanley and Goldman Sachs. Companies like…

Majority of urban Indians anticipate displacement due to climate change within 25 years: Ipsos survey

Ipsos survey reveals 57% of urban Indians fear displacement from their homes in the next 25 years due to climate change, compared to a global average of 38%. Six in…

Apple prolongs free Emergency SOS Satellite service for iPhone 14 amid future pricing uncertainties

Apple extends the free period for its Emergency SOS via Satellite service for iPhone 14 users until September 2025. Tech analyst John Gruber suggests Apple may consider permanently offering the…

Benchmark partners discuss AI investment traps, startup valuations, and board governance

Benchmark partners, including Victor Lazarte and Peter Fenton, shared insights on AI investment, startup valuations, and board governance at the Slush event in Helsinki. Lazarte admitted that high valuations can…

Accenture introduces new services for customizing and managing AI foundation models

Accenture has launched a range of services to assist companies in customizing and scaling generative AI, including a proprietary gen AI model ‘switchboard’, customization techniques, and specialized training programs. The…

Israel’s AI platform ‘The Gospel’ plays key role in Gaza bombings

Israel Defense Forces (IDF) are using an AI platform called ‘The Gospel’ to select bombing targets in Gaza, raising concerns about the risks to civilians. The AI platform, which has…

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