All articles by Refna Tharayil
Refna Tharayil
Lloyds Banking appoints former AWS executive Rohit Dhawan to lead AI strategy
As the AI director, Dhawan will take the lead of the British financial services company’s AI Centre of Excellence, which unites experts in data science, behavioural science, machine learning (ML) engineering, advanced analytics, and AI ethics
Infineon to slash 1,400 jobs globally and relocate 1,400 positions
The job cuts will involve reducing several hundred roles at the semiconductor company’s plant in Regensburg, Germany, a move that has been previously announced.
Character.AI and Google ink licensing agreement for LLM technology
Under the new agreement, the Alphabet subsidiary will provide additional funding to Character.AI for supporting the latter in expanding and developing tailored AI products for its global users.
EC approves HPE’s $14bn acquisition of Juniper Networks
The EC probed into the impact of the transaction across several markets, including the global market for wireless local area network (WLAN) equipment, the global market for wireless access points (WAPs), the EEA-wide market for Ethernet campus switches, and the global market for data centre switches
Intel to reduce workforce by 15%, leaving about 15,000 redundant
The American semiconductor company reported a loss of $1.65bn for Q2 2024, compared to net income of $1.5bn in the same quarter of the previous year
Google expands Gemma 2 family with new models and tools
The tech giant’s new additions aim to enhance safety and accessibility, aligning with its focus on responsible AI development.
Intel wins UK segment of global chip patent dispute with R2 Semiconductor
The dispute, which focused on R2 Semiconductor’s allegations that Intel had violated its patent by selling chips and processors equipped with fully integrated voltage regulators, was adjudicated by the High Court in London.
Meta’s Q2 2024 net income leaps by 73% to $13.5bn
During the reported quarter, the Facebook owner registered a total revenue of $39bn, which is 22% more compared to $32bn in Q2 2023
Samsung Electronics’ Q2 2024 operating profit surges 1,458% to $7.6bn
The company’s consolidated revenue for the quarter ended 30 June 2024 grew by 23.4% to KRW74.07 trillion ($54bn), compared to KRW60.01 trillion ($43.71bn) in the corresponding quarter of the prior year
UK CMA considers probe into Alphabet’s partnership with AI startup Anthropic
The British competition watchdog said that it is considering whether the AI collaboration between the tech companies created a relevant merger situation under the merger provisions of the Enterprise Act 2002