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Tag: Tech-Economic Times

  • SLB and Nvidia Collaborate to Enhance AI Infrastructure for the Energy Sector

    This article was generated by AI and cites original sources.

    Oilfield services provider SLB is strengthening its partnership with Nvidia to develop advanced artificial intelligence infrastructure and models tailored for the energy sector. This strategic move aims to enable energy companies to process extensive datasets more efficiently, enhancing their operational capabilities.

    The collaboration will focus on optimizing AI algorithms and constructing adaptable AI data centers. The primary goal of this joint initiative is to drive operational efficiency and promote sustainability within the energy industry, leveraging the power of AI technology.

    Source: Tech-Economic Times

  • Google Introduces Verified Investment App Labels on Indian App Store

    This article was generated by AI and cites original sources.

    Google has announced a new initiative to label verified investment apps on its Indian app store, aiming to assist users in identifying authentic trading platforms and preventing financial fraud. The verified badge will be exclusively granted to brokers and intermediaries registered with the Securities and Exchange Board of India (SEBI). This strategic move comes in response to the increasing prevalence of online financial scams, providing users with a trusted way to navigate the investment landscape.

    Source: Tech-Economic Times

  • Legal AI Startup Harvey Secures $200 Million to Enhance Artificial Intelligence Tools

    This article was generated by AI and cites original sources.

    Harvey, a legal software company, has successfully raised $200 million in funding, achieving a valuation of $11 billion. This investment will support the further development and expansion of its artificial intelligence technology. Specializing in creating AI solutions for law firms and corporate legal departments, Harvey’s tools focus on automating complex legal tasks efficiently.

    The company’s CEO emphasized the growing importance of AI in the legal industry, highlighting how their tools are streamlining processes and enhancing productivity. With this substantial financial backing, Harvey is poised to continue its mission of leveraging cutting-edge technology to revolutionize legal practices.

    Source: Tech-Economic Times

  • Meta Unveils Small Business Initiative to Boost AI Adoption Among MSMEs

    This article was generated by AI and cites original sources.

    Meta, led by CEO Mark Zuckerberg, has launched a new Small Business initiative aimed at accelerating the adoption of AI technology among Micro, Small, and Medium Enterprises (MSMEs). This move reflects Meta’s commitment to leveraging AI, a core strength of the company, as it faces increasing competition in the AI space. According to a report from December 2025, a significant 92% of businesses utilizing Meta’s platforms in India fall under the MSME category.

    The initiative is designed to empower small businesses with AI tools and resources, enabling them to enhance efficiency, productivity, and competitiveness in the digital landscape. By offering AI solutions tailored to the specific needs of MSMEs, Meta aims to democratize access to advanced technologies that were previously predominantly utilized by larger enterprises.

    Meta’s foray into supporting AI adoption among MSMEs underscores the growing importance of AI in transforming the operations and growth prospects of small businesses globally.

    Source: Tech-Economic Times

  • Granola’s AI Notetaking App Secures $125 Million Funding, Reaches $1.5 Billion Valuation

    This article was generated by AI and cites original sources.

    Granola, an AI-powered notetaking startup, has successfully raised $125 million in funding, propelling its valuation to $1.5 billion. This investment round was led by Index Ventures, with additional contributions from Kleiner Perkins, Lightspeed Venture Partners, and Spark Capital. Alongside the financial boost, Granola is unveiling enhanced features for its application, including seamless integrations with AI coding tools like Anthropic PBC’s Claude Code. Furthermore, the platform now offers team workspaces, enabling employees to collaborate and share their notes.

    Source: Tech-Economic Times

  • Meta Streamlines Workforce to Address Rising Costs and Optimize Operations

    This article was generated by AI and cites original sources.

    Meta Platforms, the parent company of various tech divisions, has initiated a strategic move to reduce its employee count by a few hundred individuals. The layoffs primarily impact departments such as Reality Labs, social media, recruiting, and certain sales roles. This decision comes as Meta grapples with increasing expenses related to investments in artificial intelligence technologies and employee salaries. With a workforce totaling close to 79,000 employees, the reduction in staff size represents a small fraction of Meta’s overall personnel.

    Source: Tech-Economic Times

  • Users Report Widespread Outages on Claude’s Platforms

    This article was generated by AI and cites original sources.

    On [DATE], users reported widespread difficulties accessing Claude’s platforms, including the website, Claude Code, and the mobile app. The issues emerged around 7:14 PM, prompting 448 users to report various problems. Over 57% of users faced loading issues on the website, while 24% struggled to access Claude Code. Additionally, 19% experienced disruptions with the app.

    Source: Tech-Economic Times

  • US President Trump Appoints Tech Leaders to AI Policy Council

    This article was generated by AI and cites original sources.

    President Donald Trump has announced the appointment of prominent tech executives to a newly formed council that will focus on advising on artificial intelligence policy. The council includes Meta CEO Mark Zuckerberg, Oracle Chairman Larry Ellison, and Nvidia CEO Jensen Huang. This move comes amid escalating global competition in the field of AI, particularly with China being a key player. The inclusion of these industry leaders signals an effort to leverage their expertise in shaping AI policies that could impact the technological landscape worldwide.

    Source: Tech-Economic Times

  • Swiggy Introduces Voice Ordering in Indian Languages for Food and Grocery Delivery

    This article was generated by AI and cites original sources.

    Swiggy, a leading food delivery platform, has partnered with Sarvam to launch a new voice ordering feature in Indian languages for food and quick commerce services. This functionality allows users to seamlessly order food and groceries, as well as book tables, by simply speaking in their preferred Indian language.

    The innovation leverages Sarvam’s AI assistant, Indus, to enable this voice-based ordering experience across Swiggy, Instamart, and DineOut platforms. Additionally, Razorpay is integrated into the process, ensuring smooth and secure transactions.

    This collaboration aims to enhance user convenience and accessibility, catering to the diverse linguistic preferences of customers in India. By introducing voice-based interactions, Swiggy is simplifying the ordering process and setting a new standard for technological innovation in the food and quick commerce industry.

    Source: Tech-Economic Times

  • China’s Chip Industry Surges Amid AI Boom

    This article was generated by AI and cites original sources.

    China’s chip industry is experiencing a significant boom driven by the soaring demand for artificial intelligence (AI) technologies. As reported by Tech-Economic Times, chipmakers in China are heavily investing in expanding production capacities to meet the increasing need for essential chips fueled by the AI market.

    This surge in demand is not only boosting the manufacturing capacity for crucial chips but also propelling the requirement for more sophisticated chips and advanced testing processes. Despite the rapid growth, foreign suppliers continue to play a vital role in supplying specialized components.

    This expansion in China’s chip industry is strategically positioning the country to cater to the escalating global demand for semiconductor technology, particularly in the AI sector.

    Source: Tech-Economic Times