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Apple sues OpenAI, two former employees for trade secrets theft
The lawsuit sets up a battle over who will control future AI...
WhatsApp submits reply on ‘username’ notice; govt examining messaging platform’s response: Sources
The Centre issued a notice to Meta last Wednesday, questioning the...
Trade Secrets: TCS to take $70 million hit after US Supreme Court rejects appeal
The case stems from a 2019 lawsuit filed in Dallas federal court by DXC's predecessor, Computer Sciences Corporation, which accused TCS of hiring around 2,200 Transamerica, another insurance company, employees and using their inside access to build a rival...
Insutech Turtlemint Fintech Solutions to announce around Rs 900 crore IPO on Tuesday
It is expected to launch its IPO between June 19 and June 23, with the issue size estimated at Rs 2,000 crore, said sources Mumbai Mumbai based insurtech startup Turtlemint Fintech Solutions, connecting insurace advisors, customers and insurance company for offering...
Liberty and ICEYE partner to deliver market-first Parametric wildfire insurance cover
Jean-Christophe Garaix, Head of Parametrics & Agriculture at Liberty, said: “By pushing the boundaries of technology, we are delivering a new generation of parametric wildfire coverage that is faster, more responsive, and fully data driven. Our property wildfire...
Embedded Insurance: A key differentiator for Southeast Asian device retailers
As connected devices become indispensable to everyday life across Southeast Asia, retailers are facing intensifying competition and rising customer expectations.Embedded insurance offers retailers a powerful way to differentiate themselves by making protection an...
Govt deploys AI-powered survey vehicles to revolutionise national highway maintenance
The high-tech vehicles, fitted with laser profilers, GPS systems, high-resolution cameras and advanced 3D laser sensors, are designed to scan highway stretches and generate detailed digital maps of road conditions. New Delhi: The Ministry of Road Transport and...
AI risks are here, time for tough rules: Anthropic CEO Dario Amodei
Dario Amodei,CEO,Anthropic To ensure AI develops safely, Amodei identified five key policy areas that need to be rethought: regulation and public safety, macroeconomics and taxation, scientific innovation, the balance of power between governments and citizens, and...
Anthropic suspends Fable 5, Mythos 5 AI models globally following US govt directive
Fable 5, released Tuesday, is a locked-down version of Mythos 5, a cutting-edge AI model that Anthropic has held back from the public amid concerns that it had unprecedented abilities to identify software vulnerabilites -- or holes in code that hackers could exploit....
Govt clears path for self-driving, safety car technologies to reduce road deaths
The radar sensors let a car gauge safe distances, and drive features such as emergency braking, adaptive cruise control and blindspot warnings, to form a basis for autonomous driving New Delhi:The government has scrapped a licence requirement for radar sensors,...
84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: Report
The survey, which covered 1,440 fraud-management, anti-money laundering (AML), and risk and compliance leaders across 25 countries, found that India has emerged as one of the most concerned and heavily impacted markets when it comes to financial fraud and AI-enabled...
Electric passenger vehicle retail sales jump 81.20 pc to 26,682 units in May: FADA
"A notable feature of the month was the consumer response to May fuel-price revisions: dealers reported a visible rise in enquiries for fuel-efficient and alternative-powertrain options, reflected in the two-wheeler EV share climbing to 9.25 per cent from 6.11 per...