Artificial Intelligence
Marshall Wace Makes Clients Pay for AI Hiring Push
In a move that highlights the rising cost of hiring top technology and quantitative experts, hedge fund giant Marshall Wace has informed clients that it will start passing on various personnel-related expenses linked to artificial intelligence, systematic trading, and risk management roles.
Artificial Intelligence
OpenAI Confirms Data Exposure After Mixpanel Breach: API Customer Information Compromised
OpenAI recently revealed that a security incident involving one of its third-party vendors, analytics provider Mixpanel, resulted in the exposure of some personal data belonging to users of its API platform.
Apps & Tools
Apple Set to Open Fifth India Store in Noida on December 11, Marking a Major Retail Expansion Push
Apple is preparing to open its fifth retail store in India, choosing DLF Mall of India in Noida as its newest addition to its expanding network of physical locations.
Computing
Microsoft Introduces Fara-7B, a Compact AI Model Capable of Operating a PC From a Single Screenshot
Microsoft has introduced Fara-7B, a lightweight but powerful AI model that allows a computer to be used in a way similar to how a human would.
Business
South Korea Probes $30 Million Upbit Hack, Points to North Korea’s Lazarus Group as Prime Suspect
South Korean authorities are ramping up their investigation into a significant cryptocurrency theft that hit Upbit in November.
Business
NBFC Penny Stock Logs Sixth Upper Circuit Amid Acquisition Buzz
Shares of Pro Fin Capital Services, a lesser-known non-banking financial company, continued their impressive rally on Friday, reaching the 5% upper circuit for the sixth straight trading session.
General
India Approves ₹7,280-Crore Push to Build Rare Earth Magnet Manufacturing Hub
In a significant move to boost India’s control over critical minerals and high-tech manufacturing, the Union Cabinet has approved a ₹7,280-crore scheme.
Computing
Quenching Data Centers’ Thirst for Power: Why the U.S. Grid Crisis Is Urgent – and Solvable
As artificial intelligence continues to grow rapidly, its impact extends beyond software, algorithms, and the companies trying to capitalize on it.
General
GMDC Shares Jump Over 8% as India Clears ₹7,280 Crore Rare Earth Magnet Incentive Scheme
Shares of Gujarat Mineral Development Corporation (GMDC) surged on Thursday after the Union Cabinet approved a landmark ₹7,280 crore incentive scheme aimed at boosting India’s domestic production of rare earth magnets.
Computing
‘Product Won’t Win. Distribution Will.’ Inside the New Realities of Startup Fundraising in the AI Era
As venture capital funding experiences a resurgence fueled by the global artificial intelligence boom, early-stage founders must navigate a vastly different fundraising landscape.