Wednesday, July 30, 2025

Creating liberating content

NEW DELHI: IndiGo saw its Q1 FY 2026 drop 20

The Indian Banks’ Association’s proposal for a five-day work week

Piotr Swat | Lightrocket | Getty Images Palo Alto Networks

Related News

NEW DELHI: IndiGo saw its Q1 FY 2026 drop 20 per cent to Rs 2,176.3 crore from Rs 2,728.8 crore in same period last year due to the serious hit

The Indian Banks’ Association’s proposal for a five-day work week in banks, declaring all Saturdays as holidays, is under government consideration. While the finance ministry acknowledges the proposal, it clarifies

File photo: US President Donald Trump (Picture credit: PTI) US President Donald Trump’s recent tariff warnings to India have drawn sharp criticism from Indian trade experts, with Professor Rakesh Mohan

Piotr Swat | Lightrocket | Getty Images Palo Alto Networks will take over Israeli identity security provider CyberArk in a deal valued at roughly $25 billion. The California-based cybersecurity company

T N Manoharan, renowned chartered accountant, former chairman of IDBI Bank and one of India’s most respected financial minds, passed away on Wednesday. He was widely acknowledged for his leadership

The Income Tax Department has enabled utilities for filing updated income tax returns (ITR-U) through ITR-1 and ITR-2 forms for assessment years (AY) 2021-22 and 2022-23, in accordance with Finance

Trending News

NEW DELHI: IndiGo saw its Q1 FY 2026 drop 20 per cent to Rs 2,176.3 crore from Rs 2,728.8 crore in same period last year due to the serious hit

File photo: US President Donald Trump (Picture credit: PTI) US President Donald Trump’s recent tariff warnings to India have drawn sharp criticism from Indian trade experts, with Professor Rakesh Mohan

T N Manoharan, renowned chartered accountant, former chairman of IDBI Bank and one of India’s most respected financial minds, passed away on Wednesday. He was widely acknowledged for his leadership

Pakistan’s government is moving swiftly toward integrating cryptocurrency into its financial ecosystem, aiming to bring digital currencies into mainstream banking, forex operations, and gold trading, according to a Wednesday media

The EU sanctions against Russia are expected to have significant implications for Indian refiners, according to a recent ICRA report.On July 18, the EU implemented its 18th sanctions package against

Nayara’s lawyer told a New Delhi court today that the services have been restored by Microsoft. EU sanctions on Russia: Global IT giant Microsoft has restored IT services to Russia-backed

Meta shares hit all-time high as Zuckerberg goes on AI hiring blitz

Word Count: 291 | Estimated Reading Time: 2 minutes


Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event on Wednesday, Sept. 25, 2024.

Bloomberg | Bloomberg | Getty Images


Meta shares hit a record high on Monday, underscoring investor interest in the company’s new AI superintelligence group.

The company’s shares reached $747.90 during midday trading, topping Meta’s previous stock market record in February when it began laying off the 5% of its workforce that it deemed “low performers.”

Meta CEO Mark Zuckerberg has been on an AI hiring blitz amid fierce competition with rivals such as OpenAI and Google-parent Alphabet. Earlier in June, Meta said it would hire Scale AI CEO Alexandr Wang and some of his colleagues as part of a $14.3 billion investment into the executive’s data labelling and annotation startup.

The social media company also hired Nat Friedman and his business partner, Daniel Gross, the chief of Safe Superintelligence, an AI startup with a valuation of $32 billion, CNBC reported earlier this month. Meta’s attempts to buy Safe Superintelligence were rebuffed by the startup’s founder and AI expert Ilya Sutskever, the report noted.

Wang and Friedman are the leaders of Meta’s new Superintelligence Labs, tasked with overseeing the company’s artificial intelligence foundation models, projects and research, a person familiar with the matter told CNBC.

Bloomberg News first reported about the new superintelligence unit.

Meta has also snatched AI researchers from OpenAI. Sam Altman, OpenAI’s CEO, said during a podcast that Meta was offering signing bonuses as high as $100 million.

Andrew Bosworth, Meta’s technology chief, spoke about the social media company’s AI hiring spree during an interview with CNBC’s “Closing Bell Overtime,” saying that the talent market is “really incredible and kind of unprecedented in my 20-year career as a technology executive.”

WATCH: Meta’s AI talent spending spree.

Meta escalated talent war with OpenAI



Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account