Companies found guilty of using unfair digital trade practices to push people to buy more or target children with personalised advertising risk fines of as much as 6% of annual global turnover, according to a European Commission draft law seen by Reuters. The Commission’s Justice…
Category: Tech
Jensen Huang’s ties with Trump face scrutiny amid probe into alleged China connections – CNBC TV18
US President Donald Trump’s close relationship with embattled Nvidia CEO Jensen Huang came under renewed scrutiny on Monday, after the company said its board was investigating whether the tech executive has been the target of a foreign intelligence effort. Huang is one of Trump’s closest…
Impossible Metals says it has successfully tested AI seabed mining robot – CNBC TV18
Deep-sea mining firm Impossible Metals said on Monday it has successfully tested an autonomous robot that uses AI to selectively retrieve critical minerals at depths of more than 4,000 meters (13,123 feet) in the Pacific Ocean. Parts of the ocean seabed contain potato-shaped rocks known…
Nvidia shares takes a hit as board investigates CEO Jensen Huang’s alleged Chinese spy affair – CNBC TV18
Nvidia shares fell as much as 5% on Monday (November 9) following an announcement that the board of directors will investigate Chief Executive Officer Jensen Huang. The inquiry focuses on his relationship with a Alice Huang, a woman suspected by intelligence agencies of being a…
Nvidia probe into CEO affair raises thorny questions for AI – CNBC TV18
Nvidia Corp.’s investigation into Chief Executive Officer Jensen Huang’s relationship with an alleged Chinese spy has raised a series of once-unthinkable questions, including whether the man at the centre of the artificial intelligence (AI) boom could be at risk of losing his job. Nvidia shares…
Wall St brokerages say AI selloff overdone, downplay Democrat regulation risks – CNBC TV18
Wall Street brokerages including Morgan Stanley and UBS called last week’s rout in the AI trade overdone, arguing that the risks of extreme regulation of data center developments under a Democrat-controlled Congress are unlikely to play out. They instead pointed to Anthropic’s IPO and Nvidia’s…
Meta expands AI age checks for Instagram teens as lawsuits mount – CNBC TV18
Meta Platforms said on Monday it would expand its AI age-estimation technology globally to move millions more teens on Instagram into Teen Account protections, even if they have given birth dates showing they are adults, as the company faces lawsuits alleging its platforms harm young…
Sarvam AI appoints former Google Cloud India MD Sashikumar Sreedharan as President, Chief Business Officer – CNBC TV18
Indian artificial intelligence (AI) startup Sarvam AI has appointed former Google Cloud India Managing Director Sashikumar Sreedharan as its President and Chief Business Officer (CBO). He will also join the company’s board of directors. In his new role, Sreedharan will lead Sarvam’s business across enterprise…
Disney, Adobe to co-develop custom AI models tailored for media giant – CNBC TV18
Disney and Adobe have struck a multi-year deal to co-develop custom generative AI models for the media giant with the goal of scaling AI tools across its theme parks, studio and sports media businesses. The move, announced Monday, will start with speeding up project development…
What exactly does Deepinder Goyal’s ₹85,000 Temple do? Why doctors are questioning its claims – CNBC TV18
Deepinder Goyal’s ₹85,000 wearable device, Temple, is facing questions from doctors over its scientific credibility. While the former Eternal CEO maintains that the product is a fitness and AI device rather than a medical device, doctors argue that its claims about measuring blood flow to…