Artificial intelligence (AI) is raising concerns about job losses, particularly in roles involving routine administrative and clerical work. History offers a useful perspective: from automated telephone exchanges to personal computers, technological change has repeatedly displaced women from established occupations while opening up new opportunities elsewhere.…
Category: Tech
Top hyperscalers likely to have more AI-linked debt than now known, S&P Global warns – CNBC TV18
S&P Global estimates the world’s biggest tech firms are likely to have more AI-linked liabilities than currently known, although its top analyst for the sector sees no need to change any ratings at present. Debt issued by AI infrastructure providers and so-called ’neocloud’ firms such…
Ex-OpenAI employee accused of planting device appears to have Saudi backing, court filing shows – CNBC TV18
An ex-OpenAI employee accused of planting a recording device in an executive conference room at the AI company appears to have received considerable support from the Saudi government, a court filing showed on Monday. US prosecutors allege that the defendant, Abdulrahman Alfozan, 35, was in…
Infosys to onboard over 1,000 employees for US bank Truist’s Hyderabad centre – CNBC TV18
Infosys on Monday (October 19) announced an expanded collaboration with United States-based financial services company Truist to build out its Global Capability Centre (GCC) in Hyderabad, with more than 1,000 colleagues set to be onboarded later this month. The partnership will support Truist’s efforts to…
US banning Chinese AI DeepSeek from government agency IT systems – CNBC TV18
The US Homeland Security Department is ordering the removal of DeepSeek products and third-party services using the Chinese AI model from US civilian agency IT systems, according to a notice published Monday. The department is also banning acquisition of DeepSeek products and third-party services developed…
Redmi K100 to launch on October 27 with 165Hz display, snapdragon 8 elite chipset – CNBC TV18
Xiaomi’s sub-brand Redmi is preparing to launch the K100 smartphone in the Chinese market. This will be the third model in the Redmi K100 lineup, joining the recently launched Redmi K100 Pro and Redmi K100 Pro Max. Xiaomi has recently confirmed the launch date, while…
Samsung launches Galaxy F70 5G in India: Check price, features and specifications – CNBC TV18
Samsung has launched the Galaxy F70 5G in India, expanding its Galaxy F70 smartphone lineup. The new handset joins the Galaxy F70 Pro 5G and Galaxy F70e 5G. It will go on sale in the country on October 20 and will be available through Flipkart.…
Digital payments, online bookings and Wi-Fi: What users should know – CNBC TV18
A high-speed internet plan does not necessarily guarantee a stable Wi-Fi experience. Network performance also depends on available bandwidth, equipment, signal coverage and the number of devices using the connection simultaneously. As more everyday activities, from digital payments and online communication to video calls and…
Elon Musk says he will give one SpaceX share to every child in US – CNBC TV18
“Next year, I will give one of my SpaceX shares to every kid in America. This will be the first of many,” billionaire entrepreneur Elon Musk wrote on X on Monday, October 19. The announcement could put SpaceX stock in the hands of tens of…
SpaceX, Tesla earnings to test Musk’s AI spending ambitions as merger talk grows – CNBC TV18
SpaceX and Tesla will report third-quarter results on consecutive days this week, giving investors a rare side-by-side look at Elon Musk’s two most valuable companies as merger speculation gathers momentum. The results will test whether Starlink’s steady growth and Tesla’s car profits can fund the…