Tag: OpenAI

36% of Indian Enterprises Budget for GenAI: EY Report

A recent survey conducted by multinational professional services firm Ernst & Young (EY) revealed that 36% of enterprises in India have started budgeting and investing in Generative AI (GenAI), while another 24% are experimenting with the technology. The study highlights that while AI adoption is picking up pace, businesses are still in the early stages of realizing its full potential. Gen AI Adoption Gaining Traction EY’s...

STPI Launches Incubation Hub in Kolkata for IT Startups

The Software Technology Parks of India (STPI), under the Ministry of Electronics and Information Technology (MeitY), has inaugurated a new incubation facility in Salt Lake, Kolkata, marking a significant step towards fostering innovation and promoting IT exports from West Bengal. The facility was inaugurated by Shri Jitin Prasada, Hon’ble Minister of State for Commerce & Industry and Electronics and IT. This initiative aligns with the...
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Bollywood Music Labels Sue OpenAI Over Copyright in India

A coalition of major Bollywood music labels, including T-Series, Saregama, and Sony, is seeking to join an ongoing copyright lawsuit against OpenAI in New...

OpenAI BOD Rejects Musk’s $97.4B Buyout Bid

The board of directors at OpenAI has firmly rejected a $97.4 billion buyout offer from Elon Musk and a consortium of investors, reinforcing its...

Musk’s $97.4B Offer to OpenAI Rejected by Altman

Elon Musk has made a $97.4 billion bid to acquire OpenAI's nonprofit organization, intensifying tensions between Musk and OpenAI CEO Sam Altman. The bid...

Sam Altman Highlights India’s Role in AI Revolution

OpenAI CEO Sam Altman has revealed that India has become the company's second-largest market, with a threefold increase in users over the past year....