Top Tech Highlights of the Week: Jio's ChatGPT Rival, Paytm Job Cuts, Xiaomi's Electric Car, and More
Catch up on the latest in the tech world with our weekly roundup:
1. Reliance Jio's Upcoming ChatGPT Competitor in 2024
Reliance Jio and IIT Bombay join forces for Bharat GPT, a new AI project set to rival ChatGPT. Akash Ambani, Chairman of Reliance Jio, revealed this groundbreaking initiative during Techfest, Asia's premier science and technology festival.
2. Job Cuts at Paytm:
Over 1,000 Employees Let Go
One 97 Communications, the parent company of Paytm, has reportedly cut over 1,000 jobs across multiple units, part of a strategic move to optimize operations.
3. Xiaomi Unveils SU7: A Speed Ultra Electric Car
Xiaomi steps into the electric vehicle arena with the SU7, boasting remarkable speed - 0 to 100 km/h in just 2.78 seconds. Running on HyperOS, it seamlessly integrates with Xiaomi devices. Discover more about Xiaomi’s first electric car, SU7.
4. H-1B Visa Premium Processing Fees Increased
USCIS announces a final rule increasing premium processing fees for certain visas, including H-1B applications. Employers sponsoring H-1B applicants are advised to adjust their budgets accordingly.
5. Amazon Prime Video Introduces Limited Ads
Amazon Prime Video in the US, UK, Germany, and Canada will feature "limited advertisements" starting January 29. This move aims to support investments in compelling content.
6. Apple Resumes Sales of Watch Series 9 and Watch Ultra 2
Apple Stores in the US resume sales of Apple Watch Series 9 and Watch Ultra 2 after a brief pause. Both models are available online and in physical stores.
7. Foxconn Invests Rs 461 Crore in Bengaluru Unit
Foxconn, Apple's major iPhone manufacturer, invests $55.29 million (Rs 461 crore) in Foxconn Precision Engineering Private Limited, based in Bengaluru.
8. The New York Times Sues OpenAI and Microsoft
The New York Times files a lawsuit against OpenAI and Microsoft, alleging copyright infringement. The claim states unauthorized use of content for training AI and large-language model systems.
9. Japanese Regulators May Compel Open App Stores
Japanese regulators are drafting laws to mandate openness in app stores, requiring companies like Apple and Google to allow app downloads from alternative sources and offer alternative payment methods. .
Stay updated with the latest in technology every week.