Microsoft today revealed that its dedicated responsible AI workforce now exceeds 400 employees. This move underscores the growing urgency within the industry to address potential biases and risks associated with AI. According to Microsoft’s first annual AI transparency report, released Wednesday, more than half of this team focuses exclusively on ensuring the company’s AI services are developed and deployed ethically. The team’s growth includes both new hires and the reassignment …
IBM has named Christina Shim as its new Chief Sustainability Officer, effective July 1. Shim succeeds Wayne Balta, who is retiring after four decades with the company, most recently leading its environmental sustainability efforts. Shim is a seasoned IBM veteran with nearly 20 years of experience. She most recently led the company’s sustainability software business, where she played a key role in developing and delivering innovative solutions to help clients …
Luminar Cuts 20% of Staff in Restructuring Effort Luminar Technologies, a leading developer of lidar sensors essential for self-driving vehicles, today announced a restructuring plan that includes a 20% reduction in its global workforce. With over 800 full-time staff across facilities in the United States, Germany, Sweden, India, and China, the company also plans to reduce its global footprint by potentially sub-leasing portions of its existing facilities. Luminar expects the …
In a move lauded for its empathy and strategic foresight, Bengaluru-based electric vehicle startup Pravaig Dynamics is extending a helping hand to aspiring Tesla interns who recently had their internship offers abruptly revoked. The news follows a heartfelt LinkedIn post by Pravaig Dynamics partner Shivangi Bagri, who acknowledged the challenges faced by the interns due to the rescinded Tesla offers. “I can only imagine the disappointment, frustration, and uncertainty this …
India’s retail sector is projected to soar to a staggering $2 trillion by 2032. The allure of India’s burgeoning marketplace has attracted the attention of global capital, multinational corporations, and small-to-medium enterprises eager to capitalise on the vast consumer base and seize opportunities for market expansion. Fueling this momentum is the remarkable rise in demand, as evidenced by research from the Indian Brand Equity Foundation. This demand is propelled by …
The American technology sector owes a significant part of its success to the contributions of Indian professionals, according to Harbir K. Bhatia, CEO of the Silicon Valley Central Chamber of Commerce. In an interview with PTI, Bhatia highlighted the pivotal role Indians have played in propelling innovation within the globally renowned tech hub of Silicon Valley. “Indians are one of the largest leaders of innovation in Silicon Valley. At one …