Google‘s artificial intelligence-powered medical chatbot has achieved a passing grade on a tough US medical licensing exam, but it’s answers still fall short of those from human doctors, a peer-reviewed study said on Wednesday. Last year the release of ChatGPT — whose developer OpenAI is backed by Google’s rival Microsoft — kicked off a race … Read more
The US stock market is unusually top heavy. Just two stocks, Apple Inc. and Microsoft Corp., account for nearly 15% of the S&P 500 Index. Add smaller but still formidable giants Amazon.com Inc., Alphabet Inc. and Nvidia Corp., and that number climbs to 24%. That’s the highest concentration in the index‘s top five holdings since … Read more
Nvidia Corp breached the $1 trillion in market capitalization on Tuesday, making it the first chipmaker to join the trillion-dollar club. The gaming and AI chip company, whose shares rose 4.2% in early trading on Tuesday, was valued at $1 trillion. Taiwan Semiconductor Manufacturing Co Ltd is the next largest chipmaker globally, valued at about … Read more
New Delhi: Healthtech startup THB Friday said it has raised $20 million in a growth-stage and equity-based funding round led by Filter Capital and Edelweiss Discovery Fund Series-I. Other investors included Cornerstone Venture Partners Fund (CSVP) and Healthquad, the statement said. THB, which stands for technology, healthcare and big data analytics, said it will use … Read more
Bengaluru: Cognizant has expanded its healthcare partnership with Microsoft, to give healthcare payers and providers easy access to technology solutions, claims management, and deliver better patient and member experiences. Cognizant and Microsoft will work together to build an integration roadmap between Cognizant’s TriZetto healthcare products with Microsoft Cloud for healthcare. The companies will also collaborate … Read more
Cognizant, Microsoft to offer Cloud-based healthcare solutions TEANECK, N.J., April 6, 2023: Cognizant today announced an expansion of their long-standing healthcare collaboration with Microsoft, to give healthcare payers and providers easy access to cutting-edge technology solutions, streamlined claims management, and improved interoperability to optimize business operations and deliver better patient and member experiences. As part … Read more
Layoffs by U.S. companies over January and February touched the highest since 2009, with the tech sector accounting for more than a third of the over 180,000 job cuts announced, a report showed on Thursday. In February alone, layoffs in the United States stood at 77,770, more than five times higher than the 15,245 job … Read more
Chinese e-commerce giant Alibaba said Thursday it was working on a rival to ChatGPT, joining a flurry of global tech firms rushing to match the popular AI-powered chatbot. ChatGPT has sparked a gold rush in artificial intelligence technology, with Microsoft, Google and China’s Baidu all working to develop chatbots that can mimic human speech. The … Read more
Tech companies including Microsoft Corp. and Meta Platforms Inc. are expected to hit the bond market in size to buy back stock after last year’s rout. As much as $20 billion in issuance from Microsoft and $10 billion from Meta could be on the docket, according to analysis by Bloomberg Intelligence. The sector has more … Read more
Today, investors’ minds are haunted by more questions owing to the prevailing uncertainty in the market. They are unable to foresee with certainty how the stock market will behave in the near term. In contrast to domestic investors, foreign investors have a greater number of concerns. The uncertainty of the global market is having an … Read more