Tag: latest news

Former OpenAI CEO Sam Altman to join Microsoft, announces Satya Nadella
Business

Former OpenAI CEO Sam Altman to join Microsoft, announces Satya Nadella

Sam Altman, former chief executive officer of OpenAI. Photographer: Kevin Dietsch/Getty Images Sam Altman's sudden exit from OpenAI took the tech world by storm earlier this weekend. Now, in a tweet, Satya Nadella confirmed that Sam Altman, along with Greg Brockman and other former OpenAI employees, will be joining Microsoft. “We remain committed to our partnership with OpenAI and have confidence in our product roadmap, our ability to continue to innovate with everything we announced at Microsoft Ignite, and in continuing to support our customers and partners", Nadella posted on X (formerly Twitter). "We look forward to getting to know Emmett Shear and OAI's new leadership team and working with them And we’re extremely excited to share the news that Sam Altman and Gre...
Pollution rising, India Inc gets into action to help employees breathe easy
Business

Pollution rising, India Inc gets into action to help employees breathe easy

As New Delhi and Mumbai grapple with air pollution, with the national capital’s air quality described as equivalent to smoking 25 to 40 cigarettes a day, corporate India is taking action so that their employees can breathe a little better. Several companies are banking on pandemic-era flexible work schedules until the air clears, and many government and private firms are also offering incentives such as low-cost loans to employees investing in green technologies such as electric vehicles (EVs) and solar cookers. NTPC, for instance, is reimbursing employees for buying air purifiers, EV chargers, domestic solar thermal water heaters, and solar cookers. The country’s largest thermal power generator is also offering its over 17,000 employees conveyance advances at subs...
At G20 India, US, Saudi, UAE may join hands to connect West Asia with rail
Business

At G20 India, US, Saudi, UAE may join hands to connect West Asia with rail

PM Modi and US president Joe Biden Leaders of the USA, India, Saudi Arabia and the United Arab Emirates are likely to announce a major joint infrastructure deal on Saturday to connect Gulf and Arab countries via a network of railways, US-based news website Axios reported on Thursday, citing sources. The deal will also connect the rail network to India through shipping lanes from ports in the Gulf region. The report also added that if Saudi Arabia and Israel normalise their relations in the future, Israel could also be part of the project. Later, the Biden administration extended the idea to include Saudi Arabia. The project is being seen as a counter to China's plans of expansion in West Asia under its Belt and Road Initiative (BRI). "The joint r...
Asian indices slide; China Services PMI eases in August
Business

Asian indices slide; China Services PMI eases in August

Stock market LIVE updates: Stock-specific action will sway the market moves on Tuesday amid lack of directional cues. Investors, however, will take note of the Services PMI data, which is scheduled to be released today, for the month of August. ...Read MoreFirst Published: Sep 05 2023 | 7:54 AM IST