Technology

AI Threats May Lead to Worldwide Economic Slump, Warns BoE Chief

The global financial system could face significant challenges due to the rise of advanced artificial intelligence, according to Bank of England Governor Andrew Bailey. In a recent communication to...

OpenAI Halts AI Progress, Impacting Business Amid Security Breach Concerns

In a cautious move, OpenAI has decelerated its progress on artificial intelligence development to reassess its research and...

DeepMind CEO Hassabis Resigns Amid Significant AI Team Restructuring

In a significant leadership transition, Sir Demis Hassabis is stepping down from his role as chief executive of...

Apple Hits $5 Trillion Market Value Amid AI Stock Decline.

Apple has cemented its place as the second company globally to achieve a market valuation exceeding $5 trillion....

Meta Executives Summoned by Centre Over Compliance and Economic Implications

The Ministry of Electronics and Information Technology (MeitY) in India has summoned top executives from Meta to address...

Modi Calls for Constructive Parliamentary Session to Boost Economic Progress

As India's Monsoon Session of Parliament commenced on Monday, Prime Minister Narendra Modi urged legislators to prioritize meaningful and fact-based discussions over disruptions. Emphasizing...

Meta’s Layoffs Allegedly Disproportionately Impact Employees on Leave, Sparking Legal Action.

A group of Meta employees has initiated legal action against the company, asserting that its use of artificial intelligence systems for workforce reduction unfairly...

WhatsApp Enhances Privacy, Boosts User Engagement with Username Feature

In a significant transformation to its communication model, WhatsApp is introducing a new privacy feature that will enable users to connect via usernames instead...

Justice Department Backs xAI in Datacenter Pollution Case, Impacting Business Operations

A legal battle has emerged involving Elon Musk’s AI firm, xAI, with the U.S. Justice Department intervening to seek dismissal of a lawsuit concerning...

US Government Directive Forces Anthropic to Pull Two AI Models, Impacting Business

In a significant move prompted by national security concerns, the US government has directed artificial intelligence firm Anthropic to halt access to its two...