Twist in OpenAI saga, Sam Altman to return as CEO

OpenAI on Wednesday said it has in-principal reached an agreement to bring back just-ousted CEO Sam Altman into its fold again. IMAGE: Sam Altman. Photograph: @sama/X The artificial intelligence......

Rediff's Wave Rider Retires!

After steering the Rediff mothership for close to 29 years, Ajit Balakrishnan, founder, chairman and CEO, did what few businessmen in this country do -- R-E-T-I-R-E. On August 2, 2024, we were......

Microsoft makes $250,000 grant to IIIT

Microsoft Corporation India has made a $250,000 grant to the Hyderabad-based International Institute of Information Technology (IIIT) for research initiatives.This grant will be used to set up a......

Indian students runners-up in Microsoft competitio

A three-member team of a Mumbai institute has stood second in the Asia Pacific Student .NET competition organised by the Microsoft Corporation.The third year electronics engineering students of the......

Survey outlines how India will benefit from AI

India's demographic advantage and diverse economic landscape position it uniquely to benefit from AI, the Economic Survey for 2024-25 tabled in the Parliament on Friday afternoon asserted.......

Adani's younger son Jeet to wed on Feb 7; no celebrities invited

Billionaire Gautam Adani's younger son Jeet will wed next month in a simple and traditional ceremony, without any pomp and show and celebrity stars. Photograph: Courtesy, Adani Group via Meta......

Microsoft invests $5 mn in OYO

Tech giant Microsoft Corporation has invested nearly $5 million (about Rs 37 crore) in OYO through the issuance of equity shares and compulsory convertible cumulative preference shares on a private......

Only 10 banks had minor disruptions: RBI on outage

The Indian financial and payments systems remained largely unaffected by the Microsoft services outage, though about 10 banks and NBFCs faced minor disruptions which have either been resolved or......