This month, Meta unveiled its new AI model, Llama-3, and Microsoft introduced Phi-3. The base version of each is tiny in comparison to large language models (LLMs). Turns out, shri ... Read more
On 21 April, 470,751 passengers flew, setting a record for Indian air traffic by beating the previous record registered a year ago. Record demand this summer has implications for b ... Read more
The US Federal Reserve’s (Fed) chairman Jerome Powell last week said that he will wait longer before cutting interest rates as inflation in the US remains sticky. This has rattled ... Read more
If recent deal wins by top-tier players are anything to go by, IT services companies are in for better times ahead. Gartner’s forecast of growth in global tech demand with ‘gold ru ... Read more
The met department’s forecast of above-normal rains is a breather for India’s sluggish farm economy and tepid rural consumption. But high chances of excess rains and the havoc they ... Read more
The rupee has fallen to a new low of 83.5 against the dollar. This has wide ramifications, making exports lucrative but imports expensive. We look at why the domestic currency is f ... Read more
Shaktikanta Das, the governor of the Reserve Bank of India (RBI), has raised concerns over unauthorized forex trading platforms and asked banks to remain alert. What explains this ... Read more
Private equity (PE) investments in India’s real estate have been falling over the past five years, despite a residential boom and recovery in the commercial office segment. While t ... Read more
Iran has attacked Israel directly after Israel bombed its consulate in Damascus, Syria, sending tensions in West Asia zooming once again. As the world waits nervously for Tel Aviv’ ... Read more
US Congressman Adam Schiff has tabled a bill proposing tech firms training AI models disclose use of any copyrighted data. It follows criticism by creators on unfair use of their w ... Read more
