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AI push is forcing rationalisation in other parts of business: Accel’s Arun Mathew

Arun Mathew, a Silicon Valley-based partner at venture capital fund Accel, focuses on investments in the enterprise space, SaaS (software-as-a-service), cloud and security. Mathew, who is also involved in Accel’s Indian portfolio firms like Freshworks and BookMyShow, is bullish about the SaaS ecosystem, highlighting the engineering talent now available to join these companies along with …

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Exclusive: Reddit in AI content licensing deal with Google

SAN FRANCISCO, Feb 21 (Reuters) – Social media platform Reddit has struck a deal with Google (GOOGL.O), opens new tab to make its content available for training the search engine giant’s artificial intelligence models, three people familiar with the matter said. The contract with Alphabet-owned Google is worth about $60 million per year, according to one of …

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BigTech lobbying to derail open source GenAI: DeepLearning AI’s Andrew Ng

Efforts by a large section of US technology majors to subject open-source generative AI to curbs and regulations could stifle innovation across the world and likely prove counterproductive even for Washington, which has hitherto led the global race in scaling and harnessing Gen AI, said a top innovation executive. “If the attempts to squash open-source …

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Nanotechnology in medicine: Targeted drug delivery and tissue engineering

Nanotechnology has emerged as a powerful tool in the field of medicine, offering unprecedented capabilities for targeted drug delivery and tissue engineering. At the nanoscale, materials exhibit unique properties that can be harnessed to develop innovative medical treatments and therapies. By engineering nanoparticles and nanomaterials with precise control over their size, shape, and surface properties, …

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3D printing organs: The potential for organ transplants

3D printing has emerged as a groundbreaking technology with the potential to revolutionize organ transplantation by addressing the critical shortage of donor organs. Traditional organ transplantation relies on donated organs, which are often in short supply, leading to long waiting lists and a high risk of rejection. 3D printing offers a promising solution to this …

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Huawei’s chip breakthrough poses new threat to Apple in China — and questions for Washington

Apple is facing a number of issues in China, with geopolitical risks mounting and the economy still not firing as many would have hoped. But the biggest challenge of all, according to analysts, could be a resurgent Huawei after a purported major semiconductor breakthrough that flew in the face of U.S. sanctions. The latest chip, made …

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UK inflation to be highest among big economies in 2023

Britain remains on course to have the highest inflation of leading rich economies in 2023, according to Organisation for Economic Co-operation and Development forecasts which showed the country’s inflation problem widening compared with most of its peers. Britain’s headline inflation rate was set to average 7.2% over 2023, up from a previous forecast of 6.9% …

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Recession-hit Germany is facing a flurry of global headwinds, Goldman Sachs says

Germany finds itself at a crossroads of global issues as it deals with an economic contraction, according to Peter Oppenheimer, chief global equity strategist and head of macro research EMEA at Goldman Sachs. “The predicament that the economy is facing at the moment is really down to a number of factors,” Oppenheimer told CNBC Tuesday, …

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