Russia Addresses Rupee Build-Up By Investing In India

Russia has addressed the issue of billions of rupees accumulating in Indian banks by investing in Indian stocks and infrastructure projects. Additionally, despite Western sanctions on the state-owned shipping company Sovcomflot, Russia has taken steps to ensure the continuous flow of crude oil, sources familiar with the matter said. Since 2022, billions of rupees have …

Microsoft Gears Up To Launch A New AI Model To Rival Google And OpenAI

Microsoft is developing a new, proprietary AI language model substantial enough to contend with those from Alphabet’s Google and OpenAI, as reported on May 6. Internally dubbed MAI-1, the new model is under the supervision of Mustafa Suleyman, the Google DeepMind co-founder and ex-CEO of AI startup Inflection, according to the report, which cited two …

The Inflation Reduction Act – A Welcome Change for the Average American?

Aiming to reduce the deficits and lower inflation, President Biden signed the Inflation Reduction Act on 16 August 2022. The bill proposes reduced healthcare and drug expenses and investment in domestic energy production to battle climate change. Essentially a scaled-down rendition of the Build Back Better Act proposed in 2021, President Joe Biden calls it …

SAP and Apple determined to help clients in developing Business Applications

SAP and Apple will help customers to fabricate their autonomous portable business applications, Reuters highlighted on Tuesday. Apple will utilize its ML innovation to do advancement. The new advancement, with AR, will assist customers with using iPhones or iPads to complete business errands, for example, fixing apparatus and stocking racks absolutely. Two years back, SAP …