AI Developments
OpenAI Announces ‘OpenAI for Science’ to Accelerate Global Scientific Discovery with AI
This group will collaborate with OpenAI researchers to demonstrate how advanced AI models can meaningfully contribute to fundamental science.
The Left Shift Bureau
Acquisition
OpenAI Acquires Statsig, Appoints Vijaye Raji as CTO of Applications
Raji will lead product engineering for ChatGPT and Codex, overseeing infrastructure, core systems, and product integrity.
Chips
Merck and Tata Electronics Join Forces to Accelerate India's Semiconductor Capabilities
The partnership will also focus on local supply chain development, warehousing, and talent cultivation.
Lay Offs
Salesforce Cuts 4000 Support Jobs as AI Handles Half of Customer Chats
AI now handles nearly half of Salesforce’s customer conversations, with human agents stepping in when tasks become too complex.
Gadgets
Around 77.8 million AI PCs will be Sold Worldwide This Year
By 2026, that number is expected to soar to 143 million, commanding a dominant 55% market share.
AI Startups
OpenAI Plans Data Center in India Amid Global AI Expansion: Report
In August, OpenAI confirmed plans to open its first India office in New Delhi later this year.
Chips
China’s Cambricon Records 4300% Revenue Surge as Nvidia Struggles With U.S. Export Curbs
The surge comes as U.S. chip giant Nvidia recorded no H20 chip sales to China in its latest quarter due to U.S. export restrictions.
Chips
U.S. Tightens Rules on Samsung and SK Hynix Chip Production in China
The exemptions, granted in 2022, had allowed Samsung and SK Hynix to bypass sweeping U.S. export restrictions on advanced chipmaking tools.
AI News
Nvidia’s 40% Revenue Heavily Concentrated in Just Two Mystery Customers
For the first half of the fiscal year, the same two customers accounted for 20% and 15% of Nvidia’s total revenue.
Indian IT
TCS & Diligenta Complete Landmark Migration for 3.8 mn Scottish Widows Customers
TCS has implemented the Next-gen TCS BaNCS Wealth administration platform that caters to the UK marke
Cybersecurity
Google Issues Security Alert to 2.5 Billion Gmail Users After Salesforce Breach
Google confirmed that the compromised data was limited to basic business details such as company names and contact information
Partnerships
Meta and Reliance Announce Joint Venture to Accelerate AI Adoption in India
The JV will deliver a secure, full-stack environment for organisations to customise and deploy generative AI