A federal judge in California has thrown out a class-action lawsuit that alleged OpenAI and Microsoft had unlawfully used stolen personal data to train their AI systems. The lawsuit claimed that OpenAI’s ChatGPT chatbot and other generative AI systems had been trained using this stolen data. However, the judge dismissed the case, stating that the … Read more
New reports indicate that Ola’s recent decision could result in a significant financial loss for Microsoft in the Indian market. The move made by Ola is expected to have a negative impact of more than Rs 100 crore on Microsoft’s operations in India. Article Source https://www.msn.com/en-in/money/news/ola-completes-shift-to-krutrim-from-microsoft-s-azure/ar-BB1mS5im?ocid=finance-verthp-feeds
Ola, a well-known company, recently made the decision to transition all of its workload from Microsoft Azure to its own in-house AI platform called Krutim. This move occurred just a week after ending its partnership with Microsoft Azure. The founder and CEO of Ola, wrote on social media about the transition, stating that all workloads … Read more
Ola founder and CEO Bhavish Aggarwal announced that the company has successfully shifted its workload from Microsoft’s Azure to its own Krutrim cloud platform. This decision was made after Ola-owned Linkedin removed a post by Aggarwal criticizing Microsoft’s stance on gender pronouns. Aggarwal took to social media to confirm the migration, stating that all workloads … Read more
The fiduciaries involved in a lawsuit regarding BlackRock LifePath’s target-date funds were able to avoid legal consequences by arguing that they prioritized low fees and overlooked underperformance. This is a recurring pattern in lawsuits against BlackRock LifePath’s target-date funds, where fiduciaries defend their actions based on cost considerations and performance evaluations. Article Source https://www.napa-net.org/news-info/daily-news/cisco-again-fends-blackrock-tdf-suit
In the investment world, David Iben’s statement that “Volatility is not a risk we care about. What matters to us is avoiding permanent loss of capital” holds true. This implies that the smart money understands the importance of assessing a company’s risk based on its debt levels, which are often linked to bankruptcies. One such … Read more
Hewlett Packard Company and Intel have successfully delivered the Aurora exascale supercomputer to the Department of Energy’s Argonne National Laboratory in Illinois. This supercomputer, with a computing capacity of one quintillion operations per second, will provide researchers with access to an AI-enabled system. Aurora is based on the HPE Cray EX supercomputer and utilizes the … Read more
El uso de la inteligencia artificial generativa presenta desafíos para las migraciones a la nube en curso y las que recién comienzan. La Fuerza Espacial de EE. UU. ha detenido las implementaciones de IA generativa debido a preocupaciones de seguridad de datos. Para mitigar estos problemas, AWS ofrece soluciones tecnológicas como Amazon Bedrock y recomienda … Read more
Cloud Software Group Inc., the parent company of Citrix Systems Inc., has recently sought funding from investors for the third time in six months in order to pay off higher-cost debts. This move reflects a trend of riskier borrowers taking advantage of favorable credit conditions to raise funds. The private equity firm initially aimed to … Read more
Charting a New Course: Successfully Migrating to Azure Virtual Desktop from Citrix and VMware Date: Wednesday, April 17th at 11am PT / 2pm ET Virtual Desktop Infrastructure (VDI) emerged during the COVID-19 shutdown as critical technology for a wide range of companies coping with a rapidly evolving work environment. Consequently, recent shifts in the VDI … Read more