Adani Energy Solutions (AESL), formerly known as Adani Transmission, is gearing up to raise USD 360 million (approximately Rs 3,000 crore) through bond issuance on a private placement basis. Rohit Soni, the Chief Financial Officer of Adani Energy Solutions, disclosed this information during an investor call. Plans for Bond Issuance Soni stated that the company […]
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A recent report by Bain & Company reveals that over 60 per cent of businesses are falling short of their sustainability targets. This finding underscores the pressing need for concerted efforts to address environmental concerns. Additionally, the report highlights shifting consumer attitudes towards sustainability and their willingness to invest in eco-friendly products. Environmental Concerns in […]
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Union Minister for Communications, Electronics, and IT, Ashwini Vaishnaw, has announced a significant milestone in India’s IT hardware sector. The Production Linked Incentive Scheme (PLI) has granted approval to 27 companies, marking a pivotal moment in the country’s technological advancement. Swift Approvals Under PLI Scheme Vaishnaw revealed during a press conference the rapid progress of […]
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Google’s journey from tech vanguard to established corporate entity reflects the maturation of the industry. Once celebrated for its innovation and groundbreaking research, Google now grapples with challenges that accompany its status as a corporate behemoth. The Rise and Fall of Gemini Amidst much fanfare, Google unveiled Gemini, its latest AI model, promising unprecedented capabilities. […]
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As the tech industry’s landscape continues to evolve rapidly, Google finds itself navigating unfamiliar territory. Once celebrated as the epitome of innovation and coolness, Google is now grappling with challenges that mirror those of traditional corporations. Shifting Perceptions In the fast-paced world of technology, trends come and go with remarkable speed. Startups that capture investors’ […]
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Last week, Google faced intense scrutiny over its AI chatbot, Gemini, which was accused of exhibiting biased behavior. Despite issuing an apology for the shortcomings, criticism persists and now extends to issues with Gemini’s text responses, adding fuel to the ongoing debate. Criticisms and Concerns Tech analyst Ben Thompson highlighted several instances where Gemini struggled […]
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Google DeepMind CEO Demis Hassabis has addressed the recent controversy surrounding the company’s artificial intelligence image generator, Gemini, indicating plans to relaunch the tool within the next “couple of weeks.” The decision to pause access to the image generator came after users discovered that it was producing historically inaccurate images, including racially diverse depictions of […]
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Google CEO Sundar Pichai has addressed the recent controversy surrounding the company’s flagship AI system, Gemini, in a memo sent to employees. Pichai acknowledged that Gemini’s responses displayed bias, leading to backlash from users, which he deemed as completely unacceptable. Background of the Issue The controversy arose after users reported instances of Gemini generating historically […]
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Google has announced its initiative to enforce Play Store policies in India, aiming to remove non-compliant apps from the platform. This decision comes after over three years of preparation for developers in India, including a three-week grace period following a Supreme Court order. The company emphasizes the importance of consistent policy enforcement across the ecosystem, […]
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Sam Blond, a partner at Founders Fund known for his sales expertise garnered from his tenure at Brex and Zenefits, has announced his departure from the firm. This announcement marks the second partner exit from Founders Fund this year, following Keith Rabois’s return to Khosla Ventures in January. Transition Back to Operating Blond took to […]
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