SOFTWARE SUPERPOWER
Higher ability to withstand volatile market: 5 large cap stocks from different sector with right level of RoE and upside potential of upto 32%
In the last ten years, there are many industries which have either emerged as fresh plays or there are some which have emerged due to the fact that troubles they were facing have gotten over. This led to the emergence of a new set of large cap companies. A number of them have a strength which is not easily replicable either because of the fact that industry is such that it can have only one or two players, in case of other the need of service and size of the industry is so big that there is room for everyone to grow and this particular player has its house in order to grab bigger share and grow more efficiently. The reason why it is important to focus on such players is the fact that these players will have an alpha when it comes to growth. Also a big reason is that the growth path of these companies is stronger than many others.
US-China competition to field military drone swarms could fuel global arms race
The planners envision a scenario in which hundreds, even thousands of the machines engage in coordinated battle. A single controller might oversee dozens of drones. Some would scout, others attack. Some would be able to pivot to new objectives in the middle of a mission based on prior programming rather than a direct order.
Stop throttling our techonomy
MeitY issued an 'advisory' to the effect that any 'under-testing' AI platform would need the 'explicit permission of GoI' before being allowed to be deployed on the Indian internet. While an advisory has no binding legal effect, Indian firms have been warned that this 'signals the future of regulation'.
UK's curbs on international students, foreign workers may backfire, thinks a top hedge fund founder
The UK government's migration crackdown is damaging higher education institutions and hindering the country's ambitions in science and technology. The measures will lead to a funding shortfall, reduced talent pool, and hinder the recruitment of skilled workers, impacting sectors like the National Health Service.
OpenAI-backed healthcare AI startup Ambience raises $70 million in funding
Ambience Healthcare provides a set of software tools for hospitals and other healthcare organizations, powered by large language models, the same underlying technology behind Microsoft-backed OpenAI's hit ChatGPT chatbot.
Japan hopes to join an elite club by landing on the moon: A closer look
Japan hopes to make the world's first "pinpoint landing" on the moon early Saturday, joining a modern push for lunar contact with roots in the Cold War-era space race between the United States and the Soviet Union. Japan's attempt to bring down its lander at a precise location follows the April failure of a Japanese company's spacecraft that apparently crashed while attempting to land on the moon.
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China’s semiconductor situation dictated by their foreign policy: Chris Miller, author of Chip Wars
Chris Miller, renowned for his book "Chip War: The Fight for the World's Most Critical Technology," is a leading voice on the global chip industry. Miller's research delves into technology, geopolitics, economics, international affairs, and Russia. In an exclusive interview with ET Online, Miller elaborates on the reality of 'Chip Wars' and discusses India's role in the semiconductor ecosystem.
AMD design centre puts India on way to the top of chip value chain
Semiconductor giant AMD has inaugurated its largest global design centre in Bengaluru which will employ about 3000 engineers Earlier this year, Micron announced setting up an assembly, testing and packaging plant in Gujarat. These moves position India across the semiconductor value chain a critical industry essential for digital devices. India's focus on chip design, backed by initiatives like Productivity-Linked Incentives and skill development, complements its aspiration to become a significant player in the semiconductor market.
OpenAI sees a future of AI 'superpowers on demand'
More than 2 million developers are building on the OpenAI platform, while more than 100 million people use ChatGPT weekly, according to the San Francisco-based startup.
Shopify merchants seek AI boost for key sales decisions
Analysts expect sales of Shopify's merchant products, which includes Shopify Magic, to increase 21% to $1.2 billion compared to last year, the first deceleration in four quarters.
From building blueprints to becoming unicorns: BrunchLabs uncovers Shiprocket's run with BII in revolutionising e-commerce logistics
Excerpts from the podcast - "It was a series of things that didn't work.” “Sometimes it's good to suck at something. Because then you overwork to fix it.” “My advice is to think big and do small."
The AI revolution is coming, but not as fast as some people think
Across corporate America, the perspective is much the same. Generative AI, the software engine behind ChatGPT, is seen as an exciting new wave of technology. But companies in every industry are mainly trying out the technology and thinking through the economics.
View: To be a digital superpower, India needs better defenses
India's digital public infrastructure has been shaken by claims that the vaccination database, CoWIN, has been hacked. While officials have dismissed the reports as "mischievous," they may serve as a hindrance to India's efforts to create a "third way" for technology governance by creating a system for cross-border trading in digital services and promotion in digital diplomacy. To fix its shortcomings, India needs to establish a proper data-protection law and a transparent process for digital public infrastructure development and maintenance, enhanced security and privacy, and cross-regulation harmonization.
Biggest losers of AI boom are knowledge workers: McKinsey report
A few years ago, McKinsey had estimated that about half of worker hours worldwide were spent on tasks that could be automated. Now it’s raising the figure to as high as 60-70%.
Front-end DevTools startup Locofy.ai raises $4.25 million
The Singapore-based fully remote startup, with employees across India, Pakistan, Vietnam, Philippines and Canada, converts web and mobile app designs into several front-end coding languages.
India on route to becoming digital superpower: Meta’s Nick Clegg; Sequoia responds as Algo dumps defamation suit
India’s take on digital issues is “refreshingly straightforward”, Nick Clegg, Meta’s president for global policy affairs, told us in an exclusive interview. He added that the country is “on route to becoming a digital superpower” and that in some respects, it already is.
Software superpower India to join world data capitals: Microsoft Corp president Brad Smith
I think that (ONDC) is one of the great opportunities for India. The export of Indian IP is what happens every day. But the opportunity India has now is to take an entire software stack or multiple layers of it and begin to move that to other countries as well.
ETtech Catalyst: How to win new categories in the multi-trillion-dollar SaaS market
Pioneered by Salesforce, Concur, and the likes in the early 2000s, Software as a Service (SaaS) has been on a strong uptrend ever since. Today, it is a multi-trillion-dollar opportunity and still growing quickly.
View: Why Modi must not repeat Nehru’s mistakes on China
Deeper economic linkages will increase India’s leverage over Chinese companies.
Vinod Dham: Accelerating India's technological capabilities
Growing adoption of technology will play a crucial role in India's economic development and security.
WWDC 2017: Everything important Apple announced at its big event
Apple unveiled new versions of its iOS, macOS and watchOS platforms, a connected home speaker device called the HomePod.
Open source software could help India save Rs 8,254 crore in education alone: Study
An IIM-Bangalore study has estimated that schools and other such institutions could save Rs 8,254 crore by adopting free and open source software.
13 of the weirdest interview questions you'll hear in Silicon Valley
Some of these question might sound funny or even obnoxious. But people are ready to do anything to work in any of these places too!
Mismatch between supply & demand of skilled manpower: Former PM Manmohan Singh
"A disconcerting aspect of our education system is the mismatch between supply and demand of skilled manpower," said former PM Manmohan Singh.
Droid Turbo: A super-powered smartphone
Motorola built the Droid Turbo with metalised fiber glass and “ballistic nylon”, two separate options to choose from.
PM Modi's US visit: Why this trip is so important to India
The first thing Modi has to do is change America's perception of India on trade, policy and various other fronts, says NR Narayana Murthy.
Obama announces software gifts to American school students
Obama has roped in two US software giants to donate USD 400 million to back his initiative to put American kids and classrooms on the cutting edge of technology.
Mamata Banerjee govt offers IT park status to Infosys
In its bid to woo Infosys to the state, Bengal govt has offered the IT bellwether the status of a software technology park instead of the SEZ status sought by it.
Ending Software Technology Parks of India scheme to adversely impact Indian IT
In the budget, IT’s golden goose – Software Technology Parks of India (STPI), the most successful Indian scheme copied by a number of foreign governments – was squashed prematurely .
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