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ETtech Explainer: Legal tussle between OpenAI and NYT

OpenAI’s investor Microsoft and its co-defendant in the New York Times (NYT) lawsuit on Monday sought to dismiss parts of NYT’s plea on the grounds that the news organisation did not show any “actual harm” or meaningful diversion of revenue…

Union Cabinet approves Rs 10,372-crore India AI mission

The Union Cabinet on Thursday approved a Rs 10,371.92 crore India Artificial Intelligence Mission for the next five years, aimed at creating computing infrastructure in public-private partnerships.As many as 10,000 graphics processing units (GPUs) will be made available to startups…

Goldman Sachs India to train over 1,000 non-engineers in AI

American investment bank Goldman Sachs has set up a facility in India to train both engineers and non-engineers in generative artificial intelligence (GenAI) to explore the usage of the technology in its businesses.Since 2006, Goldman Sachs has invested more than…

STPI lauds Rs 10,000-crore allocation for AI mission

The allocation of Rs 10,000 crore for artificial intelligence (AI) is crucial for startups across all sectors, regardless of their industry focus, Arvind Kumar, director general of Software Technology Parks of India (STPI), said on Friday.STPI is an organisation under…

Abu Dhabi targets $100 billion AUM for AI investment firm

Abu Dhabi is setting up a technology investment firm targeting deals in artificial intelligence and semiconductors that could surpass $100 billion in assets under management in a few years, according to people familiar with the matter. The emirate on Monday…