Latest News, Updates & Breaking Headlines
New Delhi: IndiGo CEO Pieter Elbers has resigned from the airline with immediate effect, following the airline’s unprecedented schedule collapse last December that had left lakhs of passengers stranded across airports. Airline founder & MD Rahul Bhatia will “in the interim assume management of the affairs of the company,” IndiGo parent InterGlobe Enterprises said in…
NEW DELHI: IndiGo CEO Pieter Elbers has resigned from the airline with immediate effect, following the airline’s unprecedented schedule collapse last December that had left lakhs of passengers stranded across airports. Airline founder & MD Rahul Bhatia will “in the interim assume management of the affairs of the company,” IndiGo parent Interglobe Enterprises (IGE) said…
Saudi Arabia’s oil company Saudi Aramco, the world’s largest oil exporter, warned on Tuesday that the ongoing Iran war could have “catastrophic consequences” for global oil markets if shipping disruptions in the Strait of Hormuz continued.“There would be catastrophic consequences for the world’s oil markets and the longer the disruption goes on, the more drastic…
OpneAI CEO Sam Altman has publicly thanked Nvidia CEO Jensen Huang after the Nvidia CEO revealed the aggressive efforts to expand computing capacity for ChatGPT-maker OpenAI across multiple cloud platforms. In a post shared on social media platform X (formerly known as Twitter) Altman wrote, “Very grateful to Jensen for working to expand Nvidia’s capacity…
Salesforce CEO Marc Benioff Salesforce CEO Marc Benioff has pushed back against the idea that Block’s massive layoffs signal an AI-driven jobs apocalypse, suggesting Jack Dorsey’s fintech giant has company-specific problems that don’t reflect the broader market. “Obviously, that company has its own unique issues. We all know that, so let’s put that aside,” Benioff…
Tata Consultancy Services CEO K Krithivasan has pushed back on the AI-fuelled panic sweeping through global software stocks, calling the notion that large language models will simply replace enterprise software “a far-fetched thing.” Speaking to Bloomberg, Krithivasan was direct. “Will the whole value chain be replaced by an LLM? That’s not going to happen,” he…
Executive pay in the technology industry often attracts attention, especially when the numbers reach hundreds of millions of dollars. Recently, Alphabet, the parent company of Google, approved a new compensation package for its chief executive, Sundar Pichai. Financial Times reports suggest the deal could reach as much as $692 million over the next three years….
Dario Amodei has walked back his leaked internal memo criticizing the Trump administration, calling it a heat-of-the-moment post that he dashed off within hours of one of the worst news days in Anthropic’s short history—a Friday afternoon in which Trump threatened to pull the company from all federal systems, the Pentagon announced a supply chain…
Hours after the US Department of War officially designated Anthropic a ‘nation security risk’, CEO Dario Amodei has apologised for comments he made in an internal memo last week. In an interview with The Economist, Amodei said he “want to apologize” for the memo that was written on Friday, February 27 after a series of…
Claude-maker Anthropic has been officially designated as “nation security risk” in America, becoming the first US company to get the label. In an official statement, Anthropic CEO Dario Amodei said that the AI firm now has no choice but to challenge the supply chain risk designation. “Yesterday (March 4) Anthropic received a letter from the…
