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Gsmarena

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Huawei CEO not-so-accidentally reveals the new tablet-like foldable

Huawei CEO, Richard Yu, accidentally reveals a new tablet-like foldable device in a video posted on social media.
The foldable is expected to have a 3:2 or 16:10 aspect ratio screen and is anticipated to be a game-changer in the world of foldables.
The device is speculated to be part of Huawei's Pura line-up and resemble an unfolded iPad mini with a 6.28" folding panel and a 3.48" cover display.
More leaks are expected in the coming days leading up to the official announcement on March 20.

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2k reads

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HinduBusinessLine

Chai Kings secures $3 million in Series A funding from AVT for South India expansion

Chai Kings secures $3 million in Series A funding from AVT for South India expansion.
Chai Kings plans to open 65 more outlets in Chennai, Bengaluru, Hyderabad, and Coimbatore with the funding.
The investment will be used to enhance product offerings, strengthen the supply chain, and engage more with customers through digital means.
Chai Kings expects to double its revenue in the next two years and close FY25 with a revenue of ₹48 crore with a positive EBITDA.

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6k reads

Intelalley

Goldman Sachs Invests in Generative AI Tools

Goldman Sachs launched a three-year program to optimize their organizational footprint, increase automation, and productivity using generative AI-powered tools.
They have developed tools such as a developer copilot coding assistant, a natural-language GS AI assistant, and are exploring other use cases across GBM and AWM.
Goldman Sachs plans to continue increasing the use of these AI tools in day-to-day workflows to improve efficiency and enhance the client experience.
The U.S. economy is seen as competitive with opportunities for sustained growth, but global growth is challenged by inflation, potential tariffs, geopolitical tensions, and conflicts in different regions.

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14.8k reads

Analyticsindiamag

LTIMindtree Appoints COO Nachiket Deshpande as President of Global AI Services

LTIMindtree has appointed COO Nachiket Deshpande as the president of its AI services division.
Deshpande will oversee AI business strategies, mergers and acquisitions, research and development, and partnerships.
He was previously a leading contender for the CEO position, which was awarded to Venu Lambu.
LTIMindtree follows the philosophy of AI in everything, everything for AI, and AI for everyone.

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428 reads

HinduBusinessLine

Talent hunt for AI and ML skills as GCCs look to expand service portfolio: ISG

Nearly 50% of companies are planning to expand the services portfolio in their GCCs over the next two years, as per research by ISG.
GCCs in India are investing an average of $1,400 per employee towards generative AI initiatives in 2025 to manage this expansion.
There has been a surge in demand for AI-related skills, leading to a rush to 'buy' AI talent through lateral hiring in GCCs.
Consulting companies, IT services providers, and staffing companies now focus on 'talent supply as a service' to GCCs.

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2.2k reads

HinduBusinessLine

The AI affair: Painstakingly straightforward

The AI startup terrain is in a tailspin, as founders aim to attain gains in an affair that seems both praiseworthy and painstaking.
Startups bait investors with AI-driven attainments, hoping to maintain traction in a marketplace that mainly rewards automation.
AI-powered solutions are reshaping industries rapidly, with concerns of over-reliance and fair opportunities.
The AI affair is shaping the future of daily life, with debates on whether to restrain AI's rise or embrace its potential.

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804 reads

The Register

Image Credit: The Register

OK, Google: Are you killing Assistant and replacing it with Gemini?

Google has decided to replace its voice Assistant with Gemini AI service.
Assistant, introduced in 2016, provided a conversational interface for various tasks.
Google is upgrading mobile devices from Assistant to Gemini, with the classic Assistant becoming inaccessible.
Gemini aims to offer a more personalized and aware assistant, as well as being integrated into home devices.

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2k reads

Tech Radar

CEOs think they might lose their jobs if they can't deliver on AI

Three-quarters of CEOs are concerned about losing their jobs if they can't deliver measurable AI-driven business gains.
Dataiku's report highlights widespread confusion and concern around the EU AI Act, causing hesitation in AI implementation among European companies.
Regulatory uncertainty has led to project cancellations, affecting 40% of French companies and 33% of German companies.
Dataiku emphasizes the need for greater control and governance to turn AI into a lasting advantage.

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440 reads

Tech Radar

Bluehost owner is moving to Oracle Cloud, so could thousands of websites be about to migrate?

Newfold Digital, the parent company of Bluehost and HostGator, is migrating to Oracle Cloud.
In Oracle's latest earnings call, Larry Ellison revealed that Newfold Digital, along with other leading cloud security companies, has decided to move to the Oracle Cloud.
Newfold Digital serves millions of small-to-medium businesses globally and offers a wide range of digital solutions, including domain registration, website hosting, and ecommerce services.
Bluehost, a popular web host recommended by WordPress.org, is expected to migrate its millions of websites to Oracle Cloud.

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665 reads

Siliconangle

Baidu debuts its first AI reasoning model to compete with DeepSeek

Baidu debuts its new reasoning-focused AI model, Ernie X1, to compete with DeepSeek R1.
Ernie X1 delivers performance on par with DeepSeek R1 at half the price and possesses stronger understanding, planning, reflection, and evolution capabilities.
Baidu also introduces Ernie 4.5, a multimodal AI model with advanced language abilities and a high EQ for understanding internet memes.
Baidu plans to open-source the codebase of its Ernie models later this year.

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608 reads

Fintechnews

NETS Appoints Alex Woo as CEO of BCS

Network for Electronic Transfers (NETS) has appointed Alex Woo as the CEO of Banking Computer Services Private Limited (BCS), a subsidiary of NETS.
BCS manages and operates Singapore’s national clearing and payment infrastructure, including FAST, Interbank Giro, eGiro, PayNow, and SGQR Central Repository.
Alex Woo brings over 30 years of experience in the technology industry and has held various positions at DBS, focusing on technology, operations, and project management.
NETS Group expresses confidence in Mr. Woo's ability to lead BCS and drive transformative initiatives for better service to financial institutions and end consumers.

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3.9k reads

HRKatha

‘Can’t work from home on a Friday and following Monday’: UBS tells staff

UBS has instructed its employees to work from the office on either a Friday or a Monday, prohibiting working from home on consecutive days.
The requirement applies to all 115,000 UBS employees and is intended to maintain productivity, innovation, and collaboration.
Earlier this year, JP Morgan mandated a full-time return to the office for its employees, while UBS is opting for a more flexible approach.
The Swiss investment bank's decision aligns with the trend of balancing remote work and office presence in the financial industry.

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28.9k reads

Itnews

10h

JPMorgan engineers' efficiency rises with coding assistant

JPMorgan Chase's software engineers reportedly increased productivity by 10 percent to 20 percent using a coding assistant tool developed by the bank.
The efficiency gains allow engineers to work on high-value projects in AI and data.
JPMorgan has about 450 potential use cases for AI, which is expected to grow to 1000 by next year.
The bank plans to hire 2000 engineers worldwide in 2022.

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1.1k reads

Medium

10h

Image Credit: Medium

Jeff Bezos is a Genius in Management. Now, Science Agrees with Him.

Amazon's market share in the cloud computing industry has consistently remained at the top, with competitors like GCP (Google Cloud Platform) and Microsoft Azure chasing AWS.
Amazon's innovation can be attributed to their approach in organizing teams and meetings, known as the 'two pizza rule,' where teams must be small enough to be fed by two pizzas.
AWS, launched in 2012, made a significant impact on the Japanese market, leading many IT companies to shift from on-premise to cloud-based infrastructure.

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1.6k reads

Insider

10h

A jury awarded a delivery driver burned by Starbucks tea $50 million

A California delivery driver, Michael Garcia, was awarded $50 million by a jury after suffering burns from a hot tea at Starbucks.
Garcia filed a complaint in 2020 after a hot tea fell on his lap, causing serious burns.
The court found Starbucks negligent and ordered them to pay the damages.
Starbucks plans to appeal the decision, stating that they disagree with the jury's verdict.

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558 reads

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