Hitachi Energy is struggling to keep pace with surging demand for electricity infrastructure, with Global CEO Andreas Schierenbeck saying the industry needs greater visibility into future orders and closer partnerships with customers to expand manufacturing capacity faster. The company is investing more than $9 billion…
Category: Tech
Apple HomeView brings a new screen into the home, but is it worth the space – CNBC TV18
In many Indian homes, the most useful spot for a device isn’t necessarily the one it was designed for. It could be the table in the living room, the console near the entrance or a bedside surface where a phone charger, a lamp and a…
Explainer | Could hackers get into your fridge? What the French supermarket attacks reveal – CNBC TV18
Hackers who sabotaged refrigeration systems at hundreds of French supermarkets exploited the growing connectivity of equipment that was once largely mechanical. From refrigerators and heating systems to security cameras and alarm networks, an expanding range of devices can now be monitored and controlled remotely, creating…
Scientists call for international body to oversee advanced AI – CNBC TV18
Around 400 scientists, including AI pioneers Geoffrey Hinton and Yoshua Bengio, on Tuesday called for an international body to oversee containment standards and incident reporting for advanced cyber-capable AI systems. The proposed body would set industry-wide containment standards and maintain a registry of significant security…
Nandan Nilekani dismisses AI job-loss fears, says technology will create new roles – CNBC TV18
Infosys Chairman Nandan Nilekani has dismissed concerns that artificial intelligence (AI) will lead to widespread job losses, arguing that the technology will create new employment opportunities, drive demand for specialised skills and help small businesses grow. Speaking at the Bloomberg New Economy Forum in New…
The $12 Billion Boost: Indian IT stocks lead market higher led by HCLTech results, AI trade unwind – CNBC TV18
Indian IT stocks added more than $12 billion in market capitalisation on Tuesday, October 13, as better-than-expected September-quarter earnings from HCL Technologies and a sell-off in Asian chipmakers triggered a rotation into the so-called anti-AI trade. The 10 constituents of the Nifty IT index collectively…
Behind AI industry’s call for independent reviews, a fight over what gets made public – CNBC TV18
Anthropic and OpenAI have sought significant control over what outside evaluators can publish, concerned that findings could reveal trade secrets, according to two people familiar with the discussions. Anthropic CEO Dario Amodei said last month that external evaluators should have the right to publish key…
Meta’s new Muse Wonder models aim to do more than answer questions – CNBC TV18
Meta Platforms has launched two new artificial intelligence models, Muse Wonder and Muse Wonder Full, as it steps up efforts to compete with leading AI developers OpenAI and Anthropic in the race to build more capable systems. Announced on Monday, October 12, the models are…
WhatsApp ‘NO’ reply can risk your bank account: How to stay safe – CNBC TV18
A WhatsApp message claiming that money has been debited from your bank account can trigger panic, especially when it asks you to reply immediately if you did not make the transaction. But should you respond? Hyderabad Police Commissioner V C Sajjanar has warned people against…
Hackers hit hundreds of French supermarkets, pushing fridge temperatures to 50°C – CNBC TV18
Hundreds of supermarkets across France were hit by a cyberattack overnight on Sunday, October 11, that disrupted refrigeration systems and caused food losses. Hackers remotely triggered defrosting systems, raising temperatures in some refrigerators and freezers to 50°C (122°F) for several hours. The incident also resulted…