Category: Technology

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chatgpt: General Motors explores using ChatGPT in vehicles

[ad_1] General Motors Co is exploring uses for ChatGPT as part of its broader collaboration with Microsoft Corp, a company executive told Reuters last week. “ChatGPT is going to be in everything,” GM Vice President Scott Miller said in an interview. The chatbot could be used to access information on how to use vehicle features ...

silicon valley bank: Peter Thiel’s Founders Fund withdrew millions from Silicon Valley Bank

[ad_1] Peter Thiel’s Founders Fund had no money with Silicon Valley Bank as of Thursday morning as the bank descended into chaos, according to a person familiar with the matter. Founders Fund withdrew millions from SVB, said the person, who asked not to be identified discussing private information. It joined other venture funds that took ...

Nearly 60 YC-backed Indian startups have deposits stuck in Silicon Valley Bank

[ad_1] The spillover of the Silicon Valley Bank (SVB) collapse into India’s startup ecosystem is becoming more evident, with several early and mid-stage ventures that were banking with the California-based lender finding themselves in a cash crunch for daily expenses such as payroll transactions. These particularly include startups backed by the famed Silicon Valley accelerator ...

tech mahindra: Infosys’ ex-President Mohit Joshi appointed as MD & CEO of Tech Mahindra; will replace CP Gurnani – The Economic Times Video

[ad_1] Mohit Joshi has been appointed by Tech Mahindra, India’s fifth largest IT firm, as its managing director and CEO. Joshi resigned as President of Infosys after a 22-year stint at the country’s second largest firm. CP Gurnani, Tech Mahindra’s current CEO and MD is set to retire in December this year. [ad_2] Source link

Silicon Valley Bank: How Silicon Valley Bank served the tech industry and beyond

[ad_1] What was Silicon Valley Bank to the world of startups and venture capital? Practically everything. Conceived over a poker game between two of its founders nearly 40 years ago, the firm grew into the single most critical financial institution for the nascent tech scene, serving half of all venture-backed companies in the US and ...

apple: Apple may drive jobs as India put on speed dial for manufacturing

[ad_1] Apple’s increased focus on India could result in the addition of about 120,000 new jobs in FY24, including 40,000 direct and 80,000 indirect roles concentrated on the manufacturing side with retail contributing smaller numbers, staffing firms said. By FY26, this is expected to rise to at least 300,000 new positions with a third of ...

Madras High Court: RummyCircle operator moves Madras HC against crime branch notice

[ad_1] Games 24×7 has filed a petition in the Madras High Court, challenging a notice issued by the crime branch of Chennai’s police over the suicide of a user of the company’s online gaming platform, RummyCircle. The crime branch is investigating into the suicide of one Manikandan, and has filed an FIR that claims he ...

Silicon Valley Bank: ETtech In-depth: Silicon Valley Bank meltdown puts Indian SaaS firms on alert

[ad_1] The crisis at Silicon Valley Bank (SVB) in the US has rattled some Indian investors and founders running SaaS companies with accounts at the lender. As the bank’s stock lost over 60% of its value on Thursday, venture capital funds checked in with homegrown startups, especially those headquartered in the US, about how much ...

ritesh agarwal father dead: Oyo founder Ritesh Agarwal’s father dies after falling from Gurgaon high-rise

[ad_1] Oyo founder Ritesh Agarwal’s father Ramesh Agrawal passed away on Friday after falling from a high-rise in Gurgaon, people familiar with the development told ET. “With a heavy heart, my family and I would like to share that our guiding light and strength, my father, Ramesh Agarwal passed away on 10 March. He lived ...

shopee job cuts: Singapore’s Sea cuts more jobs at ecommerce unit Shopee: report

[ad_1] Singapore-based e-commerce and gaming firm Sea Ltd is cutting fewer than 500 jobs at its Indonesian unit Shopee, Bloomberg News reported on Friday, as part of a broader wave of cuts to control ballooning losses. The latest layoffs affect full-time and contract workers in Shopee’s customer service team, the report said, citing sources familiar ...