Microsoft vs FTC: US Court Rejects FTC’s Request to Halt Takeover of Call of Duty Maker Activision Blizzard

Microsoft vs FTC: US Court Rejects FTC’s Request to Halt Takeover of Call of Duty Maker Activision Blizzard

A US federal court on Thursday rejected the Federal Trade Commission’s (FTC) request that it order Microsoft to temporarily hold off on closing its $69 billion (roughly Rs. 5,65,480 crore) purchase of Call of Duty maker Activision Blizzard, a court filing showed. A federal judge had previously ruled for Microsoft…

Google Rolls Out Its AI Chatbot, Bard, in Europe and Brazil to Take on Microsoft-Backed ChatGPT

Google Rolls Out Its AI Chatbot, Bard, in Europe and Brazil to Take on Microsoft-Backed ChatGPT

Alphabet said it is rolling out its artificial- intelligence chatbot, Bard, in Europe and Brazil on Thursday, the product’s biggest expansion since its February launch and pitting it against Microsoft-backed rival ChatGPT. Bard and ChatGPT are human-sounding programs that use generative artificial intelligence to hold conversations with users and answer…

Elon Musk Launches AI Startup xAI With Team of Former Google, OpenAI Engineers

Elon Musk Launches AI Startup xAI With Team of Former Google, OpenAI Engineers

Musk in March registered a firm named X.AI Corp, incorporated in Nevada, according to a state filing.  By Reuters | Updated: 12 July 2023 22:32 IST Billionaire Elon Musk‘s xAI on Wednesday announced the formation of the artificial intelligence (AI) startup with the launch of its website, unveiling a team…

Microsoft-Activision Blizzard Restructured Deal Could Face Fresh Probe in UK

Microsoft-Activision Blizzard Restructured Deal Could Face Fresh Probe in UK

Britain’s competition regulator said on Wednesday a restructured deal between Microsoft and Activision Blizzard could satisfy its concerns, subject to a new investigation, a climbdown in its opposition to the biggest gaming deal in history.  The Competition and Markets Authority (CMA) became the first regulator to block the $69 billion…

Microsoft-Backed AI4Bharat Said to Raise  Million Funding From Peak XV, Lightspeed

Microsoft-Backed AI4Bharat Said to Raise $12 Million Funding From Peak XV, Lightspeed

Researchers at AI4Bharat, a start-up backed by Microsoft, are raising $12 million (nearly Rs. 100 crore) from venture capital firms Peak XV and Lightspeed Venture, according to three people familiar with the matter. The larger-than-usual seed funding round underscores the growing interest in generative AI, after OpenAI‘s ChatGPT dazzled users…

Microsoft-Backed AI4Bharat Said to Raise  Million Funding From Peak XV, Lightspeed

AI4Bharat Researchers Said to Raise $12 Million Funding From Peak XV, Lightspeed

Researchers at India’s AI4Bharat are raising $12 million (nearly Rs. 100 crore) from venture capital firms Peak XV and Lightspeed Venture for an artificial intelligence startup, according to three people familiar with the matter. The larger-than-usual seed funding round underscores the growing interest in generative AI, after OpenAI‘s ChatGPT dazzled users with…

China Unveils Its Own Open-Source Operating System for Computers to Rival Windows, MacOS

China Unveils Its Own Open-Source Operating System for Computers to Rival Windows, MacOS

China has launched its first homegrown open-source operating system for computers, state media said on Thursday, as Beijing seeks to reduce its foreign dependence at a time of increased rivalry with the United States. The announcement of the new system came just before US Treasury Secretary Janet Yellen was due…

Microsoft-Backed AI4Bharat Said to Raise  Million Funding From Peak XV, Lightspeed

Draft EU Artificial Intelligence Rules Could Hurt Europe

The proposed EU Artificial Intelligence legislation would jeopardise Europe’s competitiveness and technological sovereignty, according to an open letter signed by more than 160 executives at companies ranging from Renault to Meta. EU lawmakers agreed to a set of draft rules this month where systems like ChatGPT would have to disclose…

Apple’s Market Capitalisation Reaches  Trillion as Company Explores VR Sector

Apple’s Market Capitalisation Reaches $3 Trillion as Company Explores VR Sector

Apple‘s market capitalization on Friday breached the $3 trillion (nearly Rs. 2,46,09,660 crore) mark for the first time since January last year, as investors bet on the iPhone maker’s ability to grow its revenue even as it explores new markets such as virtual reality. Shares of Apple, which is also…