Sam Altman returns to Open AI as CEO after a nearly weeklong dilemma following his removal
Ending all dilemmas, Open AI on Wednesday (November 22, 2023) said Sam Altman, who was recently fired from the company, will return to the firm as its CEO.
Finance
Bharti Airtel urges customers to switch to e-SIM
New Delhi: Telecom major Bharti Airtel in a customer letter on Tuesday underscored the advancements in mobile technology with embedded SIMs (e-SIMs) and encouraged Airtel users to make the switch to an e-SIM.
India and Tesla inching closer to a 'Make In India' deal: Report
New Delhi: India is nearing a deal closure with Elon Musk’s Tesla Inc. to enable the American automaker to export its electric vehicles to the country starting next year and establish a manufacturing facility within two years, Bloomberg reported citing sources familiar with the developments.
Tata Technologies IPO: Anchor investors subscribe shares worth Rs 791 cr
Mumbai: Tata Technologies, a global engineering services firm, garnered Rs 791 crore from 67 investors through the anchor book on Tuesday, just a day ahead of the Tata Group's first IPO in nearly two decades. The funds were secured at the upper end of the Rs 475-500 price range, reported Moneycontrol.
Reliance Industries invested Rs 45,000 cr investment in Bengal; Rs 25,000 cr more in next 3 yrs: Mukesh Ambani
Kolkata: Reliance Industries Chairman Mukesh Ambani Tuesday announced that the oil-to-telecom conglomerate has committed an investment of around Rs 45,000 crore in West Bengal, Moneycontrol reported.
Indian airline companies increasingly leaning towards local suppliers for non-critical aircraft components: Report
New Delhi: In the wake of disruptions in flight operations caused by a shortage of spare parts amid global supply chain difficulties, Indian aviation companies are increasingly seeking non-critical aircraft components from domestic suppliers, Mint reported citing industry sources.
Wipro joins hands with NVIDIA to integrate generative AI in healthcare
Bengaluru: Leading IT firm Wipro on Tuesday announced a partnership with chip-maker NVIDIA aimed at expediting the integration of generative artificial intelligence (AI) in healthcare enterprises.
Enforcement Directorate confirms issue of show cause notice against Byju's in FEMA violation case
New Delhi: The Enforcement Directorate (ED) Tuesday officially confirmed the issuance of a show cause notice to the edtech firm Think and Learn Private Limited, as well as to Byju Raveendran, in connection with a FEMA violation case.
OneWeb India gets space regulator IN-SPACe's approval for commercial satellite broadband services
Mumbai: OneWeb India, backed by the Bharti Group, Tuesday announced that it has obtained the mandatory approvals from the Indian Space Promotion and Authorisation Centre (IN-SPACe) to start the deployment of Eutelsat OneWeb's commercial satellite broadband services in India.
DSP Mutual Fund launches DSP Banking & Financial Services Fund
DSP Mutual Fund announced the launch of DSP Banking & Financial Services Fund (DSP BFSF), an open-ended scheme that offers investors an opportunity to partake in the long term structural opportunity in the banking and financial services space.
US tech majors Apple, and Microsoft ranked most expensive brands worldwide in 2023
US tech giants Apple and Microsoft remain the most expensive brands worldwide, with their brand value standing at $502.7 billion and $316.7 billion, respectively, the Interbrand Best Global Brands 2023 ranking showed on Tuesday.
Indian Market: Sensex moves up by 275.62 pts
The BSE Sensex on Tuesday surged 275.62 pts to close high at 65,930.77 on the strength of Realty, Auto and Consumer Durable stocks.
Sam Altman's removal: 500 Open AI employees demand resignation of current board members, threatens to quit
Five hundred Open AI employees have expressed their intention to join Microsoft if Sam Altman, the former CEO of OpenAI, and Greg Brockman, a co-founder of OpenAI, are not reinstated.
Sacked Open AI CEO Sam Altman to join Microsoft, Satya Nadella announces
Open AI's former CEO Sam Altman and former president Greg Brockman are joining Microsoft to lead a new team for advanced research in Artificial Intelligence, Satya Nadella announced Monday.
Open AI names ex-Twitch chief Emmett Shear as new Interim CEO following Sam Altman's ouster: Reports
Open AI has named former Twitch CEO and co-founder Emmett Shear as the company's interim CEO, media reports said.
Sensex marginally up by 14 points
Mumbai/UNI: The BSE Sensex on Monday rose marginally by 14 points to 65,809.63 in the opening session as buying was seen in power, realty and technology stocks.
Sacked Open AI CEO Sam Altman posts picture from firm's HQ amid reports of return
Former Open AI CEO Sam Altman recently posted a photo of himself at the headquarters of the firm amid reports that he is returning to the AI company, days after he was sacked.
Bank of Baroda plans to raise Rs 15,000 cr through bonds
Mumbai: Bank of Baroda’s board of directors has resolved to raise Rs 5,000 crore by issuing tier-II bonds and an additional Rs 10,000 crore through infrastructure bonds.
Finance Ministry asks public sector banks to examine and enhance cybersecurity
New Delhi: The Finance Ministry has asked state-owned banks to reassess their digital operations in light of the recent UCO Bank incident, media reports said.
OpenAI board under pressure from Microsoft, top investors to reinstate Sam Altman: Reports
OpenAI is under pressure from its top investors to bring back Sam Altman as chief executive officer after sacking him on Friday, taking the world by surprise, international media reports said.
UK set to bring biggest ever delegation to Bengal Global Business Summit 2023
New Delhi/Kolkata: British High Commissioner to India Alex Ellis will visit Kolkata along with the biggest-ever UK delegation to the Bengal Global Business Summit (BGBS) 2023, a press release said.
Iceland firm to set up Rs 8 cr geothermal technology Controlled Atmosphere plant at Tapri to benefit apple growers
Shimla: An Iceland-based company, Geotropy Iceland, will set up a Controlled Atmosphere (CA) Store at Tapri in Himachal Pradesh’s Kinnaur district.
Who is Mira Murati, 34-yr-old engineer, OpenAI's new chief
San Francisco: Mira Murati, 34, assumed the role of Chief Technology Officer in May 2022, marking a significant promotion.
Billionaire Elon Musk says X Corp filing lawsuit against entities that suspended advertising on platform
US billionaire entrepreneur Elon Musk said on Saturday that his social network X, formerly known as Twitter, would file a "thermonuclear" lawsuit against all organisations that had suspended advertising on the platform amid a backlash over the businessman's comments on social media.
Open AI sacks CEO Sam Altman, co-founder Greg Brockman quits hours later
In a shocking decision, Open AI, which is the firm created by ChatGPT, on Friday sacked CEO Sam Altman prompting the co-founder Greg Brockman to quit soon after, media reports said.
Vast opportunity in India's eldercare sector, say Investors
New Delhi/UNI: Top industry officials on Friday termed the eldercare sector, which is undergoing a profound transformation, as a big emerging market with India ready to play a pivotal role by providing a vast space of opportunities to investors.
Sam Altman's ouster: Microsoft chief Satya Nadella says IT major remains committed to partnership with Open AI
IT major Microsoft Corp, which is one of the biggest backers of Open AI, on Saturday (November 18, 2023) confirmed it will remain committed to the partnership with the firm that created ChatGPT even after it underwent several changes including the removal of its CEO Sam Altman.
Open AI: President Greg Brockman quits after CEO Sam Altman's ouster
OpenAI co-founder and President Greg Brockman on Saturday his decision to quit the ChatGPT-creating firm hours after Chief Executive Officer Sam Altman was removed from the company.
Open AI removes CEO Sam Altman after board loses 'confidence' in him
Open AI, the firm that created ChatGPT, on Friday announced its CEO Sam Altman was removed as it has lost confidence in his ability to lead the tech company.
Lenders disappointed with Jindal's Rs 301 cr bid for debt-laden Future Enterprises
Kolkata: Jindal (India) has bid Rs 301 crore for Future Enterprises, which is less than 3% of the total Rs 12,265-crore loan exposure, rendering it almost inconsequential to lenders, ET reported.