HONG KONG — The Chinese artificial intelligence firm DeepSeek has rattled markets with claims that its latest AI model, R1, performs on a par with those of OpenAI, despite using less advanced computer chips and consuming less energy. DeepSeek’s emergence has raised concerns that China may have overtaken the U.S. in the artificial intelligence race…
BANGKOK — Japanese automakers Honda and Nissan will attempt to merge and create the world’s third-largest automaker by sales as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member Mitsubishi Motors also had…
Raymond Lifestyle announced that Gautam Hari Singhania has been appointed as the executive chairman of the company. Per a regulatory filing, out of the 100 per cent of 4,17,57,480 votes, 86.85 per cent were cast in favour of the resolution while the remaining 13.15 per cent were against the resolution of the appointment. The special…
India’s food processing industry led to a rise in FMCG fresher jobs hiring; rising to 32% in H2FY24 November 24. The food processing industry, which is expected to double its size by 2025-26, will drive the hiring in the FMCG (Fast-Moving Consumer Goods) sector, as the second half of 2024 witnessed a sharp rise in…
India’s premium seafood and vibrant wine industry has grown substantially, with seafood exports alone reaching $7.3 billion in value and 17.81 lakh metric tonnes in volume, the government said on Saturday. At an event hosted by the Embassy of India in Brussels, India’s finest culinary offerings in wine and seafood were showcased to business leaders,…
ABBOTS LANGLEY, England — Originally built to store crops from peasant farmers, the Tithe Barn on the edge of the English village of Abbots Langley was converted into homes that preserve its centuries of history. Now, its residents are fighting to stop a development next door that represents the future. A proposal to build a…
ATLANTIC CITY, N.J. — The U.S offshore wind energy industry says it needs to fight back against disinformation being spread by opponents of wind farms. During the first day of a national offshore wind conference Tuesday in New Jersey, which has become ground zero for vocal, well-organized opposition to such projects, numerous industry officials said…
The unregulated carbon dioxide removal industry is calling on the U.S. government to implement standards and regulations to boost transparency and confidence in the sector that’s been flooded with billions of dollars in federal funding and private investment. A report Wednesday by the Carbon Removal Alliance, a nonprofit representing the industry, outlined recommendations to improve…
Hours after the artificial intelligence pioneer Geoffrey Hinton won a Nobel Prize in physics, he drove a rented car to Google’s California headquarters to celebrate. Hinton doesn’t work at Google anymore. Nor did the longtime professor at the University of Toronto do his pioneering research at the tech giant. But his impromptu party reflected AI’s…
MELBOURNE, Australia — A code of conduct will be enforced on the online dating industry to better protect Australian users after research found that three-in-four people suffer some form of sexual violence through the platforms, Australia’s government said on Tuesday. Bumble, Grindr and Match Group Inc., a Texas-based company that owns platforms including Tinder, Hinge,…
