Category: Technology

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Micron: China’s actions to ban Micron won’t torpedo relations: White House

[ad_1] China’s ban on the US chipmaker Micron Technology Inc won’t torpedo larger efforts to get US-China relations into better position, White House spokesman John Kirby said on Wednesday, adding that Washington was engaged directly with Beijing. Kirby told reporters the recent ban over security concerns was clearly an attempt to undermine the Group of ...

hopscotch: Kidswear D2C brand Hopscotch raises $20 million led by Amazon

[ad_1] Hopscotch, a brand for kids’ fashion, has announced that its parent company, Hit the Mark, Inc., raised $20 million in a funding round led by Amazon. The round also included participation from Eduardo Saverin, co-founder of Facebook, as well as other existing investors, including Lionrock, IIFL Seed Venture Fund, RPG Ventures, and Techpro Ventures. ...

Shein: Fast-fashion giant Shein plans Mexico factory

[ad_1] Online fashion giant Shein is exploring plans to build a factory in Mexico as one of its manufacturing hubs outside China, sources familiar with the matter told Reuters, as the company faces increased scrutiny from US lawmakers and looks to expand its Latin America footprint. The factory, which will make Shein products and is ...

startups: Startups in India have universe of opportunities: Rajeev Chandrasekhar

[ad_1] Startups and entrepreneurs in India have a universe of opportunities today ranging from space to AI and quantum to semiconductors, and the government is creating policy and legal frameworks that will act as an enabler for every young Indian to translate their ideas and vision into a successful global venture, Union Minister Rajeev Chandrasekhar ...

myntra: Myntra integrates ChatGPT with search for better product discovery

[ad_1] Fashion ecommerce company Myntra said that it is integrating generative AI chatbot ChatGPT on its app for better product discovery. Myntra said MyFashionGPT will scout through catalogues available on the app to give users a better option for their queries. “Many times people are figuring out in their own mind as to what they ...

ai: EU, US to seek stopgap standards for AI: EU tech chief

[ad_1] The European Union and the United States are set to step up cooperation on artificial intelligence with a view to establishing minimum standards before legislation enters force, the EU‘s tech chief Margrethe Vestager said on Tuesday. The European Union’s AI Act could be the world’s first comprehensive legislation governing the technology, with new rules ...

ai search: Google to test ads in generative AI search results

[ad_1] Alphabet Inc’s Google will begin experimenting with advertising within search results powered by generative artificial intelligence, the tech giant announced on Tuesday, as it seeks to fend off rival Microsoft in the lucrative search ads market. Over the past few months, Google and Microsoft have supercharged a race to change how people search for ...

white house: White House takes new steps to study AI risks, determine impact on workers

[ad_1] The White House said on Tuesday it would ask workers how their employers use artificial intelligence (AI) to monitor them, as it allocates federal investments in the technology, which is expected to change the nature of work. The White House will hold a listening session with workers to understand their experience with employers’ use ...

allen: Allen Career Institute appoints former Meta executive Abha Maheshwari as CEO of edtech biz

[ad_1] Allen Career Institute said it has appointed former Meta executive Abha Maheshwari as chief executive (CEO) of its edtech arm Allen Digital. Maheshwari will build and lead Allen’s digital and technology teams in Bengaluru and help create digital-first products for students. Having entered the edtech sector in June last year, Allen wants to provide ...

Auto firms line up billions for EV capex; a look at regulatory penalties on Big Tech

[ad_1] Indian carmakers are lining up capex to the tune of billions as they shift gear to focus on electric vehicles. A capex outlay of Rs 80,000 crore — around $10 billion — is being laid out by various vehicle makers to expand the country’s installed EV infrastructure capacity by 2030. This and more in ...