[ad_1] SAN FRANCISCO: Elon Musk sued the law firm that led the court fight to make him complete his takeover of Twitter, saying it took advantage of the company while running up a $90 million bill.Wachtell Lipton Rosen & Katz, among the most profitable firms in the US, exploited a brief, vulnerable period just as … Read more
[ad_1] Last Updated: July 08, 2023, 02:33 IST United States of America (USA) The Threads app, billed as the text version of Meta’s photo-sharing platform Instagram, became available Wednesday night to users in more than 100 countries — including the US, Britain, Australia, Canada and Japan. (AP Photo) Twitter accuses Meta Platforms of stealing trade … Read more
[ad_1] Last Updated: July 08, 2023, 02:22 IST United States of America (USA) Musk wants to recoup excess fees that Wachtell charged under an agreement signed on the day of closing by one of its partners and Twitter’s chief legal officer Vijaya Gadde. Elon Musk sues law firm Wachtell, Lipton, Rosen & Katz over a … Read more
[ad_1] Cryptocurrency exchange Gemini, the largest creditor of bankrupt crypto lending firm Genesis, sued parent company Digital Currency Group (DCG) and its CEO, the day after DCG missed the exchange’s deadline for agreeing to a restructuring deal for the venture capital firm’s troubled unit. DCG and Gemini, two prominent players in the crypto industry, have … Read more
[ad_1] A panel of AI-enabled humanoid robots told a United Nations summit on Friday that they could eventually run the world better than humans. But the social robots said they felt humans should proceed with caution when embracing the rapidly-developing potential of artificial intelligence. And they admitted that they cannot — yet — get a … Read more
[ad_1] Twitter‘s claim that Meta Platforms stole trade secrets to build its new microblogging site may be the first volley in a legal battle between the social media giants, but experts say Twitter would have to clear a high hurdle if it sues. In a letter sent on Wednesday, Twitter alleged that Meta used its … Read more
[ad_1] 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 with its ability to … Read more
[ad_1] 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 its ability to engage … Read more
[ad_1] Anil Agarwal-led Vedanta Group will acquire 100 percent stake in semiconductor and display units from sister concern Twin Star Technologies, the conglomerate said on Friday. Twin Star Technologies is a wholly-owned subsidiary of Volcan Investments Limited which is the ultimate holding company of Vedanta Limited. The new structure will make Vedanta India’s first company … Read more
[ad_1] The standard for AI systems was officially released on Friday during an event at the Centre for Development of Telematics in New Delhi. (Image: News18) AI systems can potentially be biased leading to ethical, social and legal issues. The standard uses a set of procedures used to identify potential biases and a set of … Read more