Latest trending news about Nvidia, Microsoft, Apple, Tata, Razorpay and Twitter news.
Together, Nvidia and Microsoft will construct a "massive" AI supercomputer
In order to manage the massive computational workloads required to train and scale AI, Nvidia and Microsoft have announced a "multi-year collaboration" to create "one of the most powerful AI supercomputers in the world." As a result of the partnership, DALL-E and other generative AI models will advance more quickly thanks to Nvidia's use of Microsoft's scalable virtual machine instances.
The combination of Microsoft's Azure cloud platform with Nvidia's GPUs, networking, and entire AI suite, in accordance with Nvidia, would enable more businesses to train, deploy, and scale AI, including huge, cutting-edge models.
"Our partnership with Microsoft will offer researchers and businesses cutting-edge AI infrastructure and software to capitalise on the revolutionary power of AI," the statement continued, according to Manuvir Das, vice president of enterprise computing at Nvidia.
Elon Musk is ready to appoint a new Twitter leader
Elon Musk stated on Wednesday that he intended to finish an organisational restructuring this week and that he anticipated reducing his time at Twitter while eventually finding a new leader to oversee the social media firm.
Following Jack Dorsey's announcement that he would not accept the position of CEO of Twitter, Musk sent out a tweet. When asked if he would accept the post of CEO on Twitter, he replied, "no."Investors at Tesla have grown more worried about the amount of time Musk is devoting to turning around Twitter.
The first two weeks of the billionaire's ownership of Twitter have been characterised by quick change and chaos. He swiftly dismissed Twitter's previous CEO and other senior executives before laying off half of its employees earlier this month.
According to the IT Minister, the country's largest iPhone manufacturing facility will be built close to Hosur, Bangalore
The largest Apple iPhone production facility in India will shortly be built in Bangalore, close to Hosur. According to Telecom and IT Minister Ashwini Vaishnaw on Tuesday, the manufacturing facility close to the IT hub will employ close to 60,000 people.
Speaking at the Janjatiya Gaurav Divas ceremony he said that 6,000 tribal women living close to Ranchi and Hazaribagh have received training to make iPhones, and they will be the first 6,000 of the 60,000 to be hired.
Tata Electronics, which has a facility in Hosur, has been contracted by Apple to manufacture iPhone enclosures. Electronics giants Foxconn, Wistron, and Pegatron produce the company's iPhone models in India.
Tata is reportedly planning 20 "Beauty Tech" stores with digital skin tests and virtual makeup counters.
According to a corporate document and a person familiar with its strategy, India's Tata Group is aiming to construct at least 20 "beauty tech" stores where it will utilise virtual cosmetics kiosks and digital skin testing to convince young, wealthy customers to buy high-end cosmetic products.
The Honest Company, Ellis Brooklyn, and Gallinee as potential partners, Tata is looking for what it terms a "beauty enthusiast" in India who is between the ages of 18 and 45 and enjoys purchasing Western brands like Estee Lauder's MAC and Bobbi Brown. Tata is in discussions with more than two dozen businesses to provide unique merchandise to the new stores.
Although the technology is not new and is used by other beauty merchants across the world, this foray into "experiential retail," as it is known among industry insiders, is still a relatively new idea in Indian malls and high street shops.
Razorpay can go public in a few years without raising more funds, say, company founders
According to founders Harshil Mathur and Shashank Kumar of Razorpay, which won the prestigious Startup of the Year category at the Startup Awards 2022, the company does not need to raise any additional capital because its revenue is growing by 100% annually and it plans to go public within the next two to three years. According to them, the company won't require further funding for operations unless a significant strategic need for the company is identified.
Our payments business is nearly profitable. We would be adequately prepared to simply go public as a payments firm. However, Mathur argued that if we go public as just a payments business, we will be failing to realise our goals. "The platform's synergies will be considerably higher, and we will be able to integrate a lot of factors connected to credit, banking, and now offline. We aim to get them to the point where they break even before going public in the upcoming years.