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Sci - Tech
US Fed rate cut to drive stocks of AI companies: Experts
18 Sept 2024 2:06 PM IST
New Delhi, Sep 18: Stocks of AI companies are set to bounce as the US Fed Reserve gears up to cut interest rates, a report said on Wednesday. The AI sector which is experiencing a dip is primed for a significant rally, according to Nigel Green of deVere Group. “The AI sector is expected to benefit...
Sci - Tech
Mobile spams reach record high in Aug in South Korea
18 Sept 2024 1:56 PM IST
Seoul, Sep 18: Mobile phone spam in South Korea reached a record high through August, despite ongoing government efforts to curb unwanted messages and advertisements, parliamentary data showed on Wednesday. From January to August, 280.4 million spam messages and calls were reported or detected by...
Sci - Tech
Chip maker Intel may lose third spot in global sales in Q3: Report
18 Sept 2024 1:53 PM IST
Seoul, Sep 18: US semiconductor manufacturer Intel may lose its third spot in terms of sales for the first time in the third quarter (Q3) to SK hynix, a major South Korean chipmaker, a report showed on Wednesday. SK hynix is expected to post a fresh high of $12.8 billion in revenue in the...
Sci - Tech
Jindal Steel doubles down on green hydrogen production in India
16 Sept 2024 4:00 PM IST
New Delhi, Sep 16: Jindal Steel and Power Ltd and Jindal Renewables on Monday announced a collaboration to implement India’s biggest investment in green hydrogen by a domestic steelmaker. The companies signed an MoU towards decarbonisation and green energy leadership in the country’s steel industry....
Sci - Tech
Sponge iron production clocks 8 pc growth in India, set to rise above 75 MT by...
16 Sept 2024 3:55 PM IST
New Delhi, Sep 16: The production of direct reduced iron (DRI), also known as sponge iron, registered a compound annual growth rate (CAGR) of 8 per cent in India to 51.5 metric tonnes (MT) in fiscal 2024 from 34.7 MT in fiscal 2019, outpacing the 5 per cent growth in crude steel output, a report...
Sci - Tech
Japan's launch of H2A rocket postponed again
16 Sept 2024 3:30 PM IST
Tokyo, Sep 16: The scheduled launch of an H2A rocket carrying an information-gathering satellite from a space centre on a southwestern Japan island was postponed on Monday for a second time, the rocket manufacturer said. Mitsubishi Heavy Industries Ltd. said it decided to postpone the launch of...
Sci - Tech
DRDO, Indian Navy successfully test Vertical Launch Short Range Surface-to-Air...
13 Sept 2024 12:20 PM IST
New Delhi, Sep 12: In another milestone, the Defence Research and Development Organisation (DRDO) and the Indian Navy on Thursday successfully conducted the flight test of the Vertical Launch Short Range Surface-to-Air Missile (VL-SRSAM) from the Integrated Test Range (ITR), Chandipur, off the coast...
Sci - Tech
India jumps to Tier 1 in Global Cybersecurity Index 2024
13 Sept 2024 12:06 PM IST
New Delhi, Sep 13: India has jumped to Tier 1 in the Global Cybersecurity Index (GCI) 2024, released by the International Telecommunication Union (ITU), when it comes to role-modelling as part of the country’s cybersecurity commitments and resulting impacts. The ‘GCI 2024’ used a new five tier...
Sci - Tech
96 pc of Indian midmarket firms prioritising Gen AI, faster than the world
13 Sept 2024 12:03 PM IST
New Delhi, Sep 13: About 96 per cent of Indian organisations between 250 and 1,500 employees are prioritising generative artificial intelligence GenAI, compared to 91 per cent in the rest of the world, a report showed on Friday. Adopting GenAI 66 per cent only trails preparing for cybersecurity...
Sci - Tech
CMFRI decodes genome sequence of Asian green mussel
12 Sept 2024 12:38 PM IST
Kochi, Sep 12: In a breakthrough in bivalve research, the ICAR-Central Marine Fisheries Research Institute (CMFRI) has unearthed the genome secret of the Asian green mussel Perna viridis. This is the first-ever chromosome level genome sequencing of a marine invertebrate species from India. Recently,...
Sci - Tech
VC firm Accel to invest up to $1 million in pre-seed startups in AI, Bharat
12 Sept 2024 12:31 PM IST
Bengaluru, Sep 12: Leading global venture capital firm Accel on Thursday announced the launch of Accel Atoms 4.0, the fourth edition of its pre-seed scaling programme. Selected startups will receive up to $1 million in funding through equity or convertible note, and access perks worth more than $5...
Sci - Tech
Global open source community must for building safe, responsible AI: Industry
12 Sept 2024 12:25 PM IST
New Delhi, Sep 12: As companies the world over focus on building artificial general intelligence (AGI), the real adoption will only happen when it is acceptable by all stakeholders explainable, stable and reliable, tech community leaders said on Thursday. AI is emerging as the biggest strategic...
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