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Sci - Tech
India, US to set up fabrication plant to make chips for national security
23 Sep 2024 9:17 AM GMT
Washington, Sep 23: India and the US will set up a new semiconductor fabrication plant, called ‘Shakti,' which will be one of the world's first multi-material fabs dedicated to national security. US President Joe Biden and Prime Minister Narendra Modi hailed a watershed arrangement to establish a...
Sci - Tech
PM Modi pushing us to make AI work for people: Google’s Sundar Pichai
23 Sep 2024 9:10 AM GMT
New York, Sep 23: Inspired by Prime Minister Narendra Modi’s vision around artificial intelligence (AI) and how he is pushing tech leaders to use it to address the most pressing issues on the ground, Google is not only making a robust investment in AI in India but also looking forward to infusing...
Sci - Tech
Russian cosmonauts break record for longest stay on ISS
21 Sep 2024 9:04 AM GMT
Moscow, Sep 21: Russian cosmonauts Oleg Kononenko and Nikolai Chub have set a new record for the longest single mission aboard the International Space Station (ISS), Russia's state space corporation Roscosmos has said in a statement.Kononenko and Chub broke the previous record for the longest...
Sci - Tech
India, Brazil reaffirm commitment to boost energy sector collaborations
21 Sep 2024 7:41 AM GMT
New Delhi, Sep 21: India and Brazil have reinforced their commitment to strengthen existing collaboration in the energy sector, including Indian upstream investment, mutually beneficial relationship in bilateral trade and cooperation in sustainable fuels, particularly bio-fuels, it was announced on...
Sci - Tech
Qualcomm interested in acquiring rival chip maker Intel: Reports
21 Sep 2024 7:35 AM GMT
San Francisco, Sep 21: Chip giant Qualcomm has reportedly approached rival semiconductor firm Intel about the possibility of acquiring it but has not made any official offer yet. Multiple reports on Saturday claimed that Qualcomm has been considering a "full takeover" of US semiconductor...
Sci - Tech
Chip major Qualcomm to lay off hundreds of employees in US
20 Sep 2024 7:06 AM GMT
San Francisco, Sep 20: Chip giant Qualcomm is reportedly laying off at least 226 employees in the US later this year as part of its business diversification strategy. As per reports, the upcoming layoffs by Qualcomm on November 12 were announced in a California Worker Adjustment and Retraining...
Sci - Tech
India to get Centre of Excellence in quantum and 6G technologies
20 Sep 2024 7:05 AM GMT
New Delhi, Sep 20: In an effort to bolster India’s position in the sphere of quantum and 6G technologies, the Telecom Centre of Excellence (TCOE) India and Visvesvaraya Technological University (VTU) in Karnataka have joined hands to establish a Centre of Excellence (CoE) in quantum technology and...
Sci - Tech
Australian researchers make breakthrough in green ammonia production
20 Sep 2024 6:52 AM GMT
Sydney, Sep 20: Australian researchers have developed a new method of making ammonia that could significantly cut carbon emissions caused by the process. The method, which was detailed in a study published by Melbourne's RMIT University on Thursday, relies more on liquid metal catalysts for ammonia...
Sci - Tech
US Fed rate cut to boost investment and business sentiment, all eyes on India
19 Sep 2024 7:12 AM GMT
Mumbai, Sep 19: The softening of US Fed rate by 0.5 percentage point 50 bps is a welcome step, given the strengthening US economy with stable inflation, industry analysts said on Thursday, as the focus turns to India which is the fastest-growing economy in the world. After the rate cut decision, the...
Sci - Tech
India becomes 6th largest market in global MSCI IMI index, surpasses China
19 Sep 2024 7:10 AM GMT
New Delhi, Sep 19: In yet another feat to India’s growing clout in the world economy, the country has become the sixth-largest market in the MSCI All Country World Investable Market Index (ACWI IMI), surpassing China. The global index tracks capital market performance across the world. The index...
Sci - Tech
US Fed rate cut to drive stocks of AI companies: Experts
18 Sep 2024 8:36 AM GMT
New Delhi, Sep 18: Stocks of AI companies are set to bounce as the US Fed Reserve gears up to cut interest rates, a report said on Wednesday. The AI sector which is experiencing a dip is primed for a significant rally, according to Nigel Green of deVere Group. “The AI sector is expected to benefit...
Sci - Tech
Mobile spams reach record high in Aug in South Korea
18 Sep 2024 8:26 AM GMT
Seoul, Sep 18: Mobile phone spam in South Korea reached a record high through August, despite ongoing government efforts to curb unwanted messages and advertisements, parliamentary data showed on Wednesday. From January to August, 280.4 million spam messages and calls were reported or detected by...
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