
HFCL teams up with Microsoft to roll out 5G solutions for enterprises; stock jumps 4%
HFCL is deploying a private 5G solution at its optical fibre manufacturing plant at Hyderabad to improve operational efficiency.
HFCL is deploying a private 5G solution at its optical fibre manufacturing plant at Hyderabad to improve operational efficiency.
On Wednesday, Alphabet stock plunged 7.68% to $99.37, erasing more than $100 billion in market value after its AI-equipped chatbot Bard shared inaccurate information in a promotional video.
A day after partnering with one of the potential rivals to Microsoft-backed ChatGPT – Anthropic – Google rolls out AI-powered chatbot 'Bard' that works on similar tech as ChatGPT.
Investment by Google assumes significance after recent moves by Microsoft, which announced a multiyear, multibillion-dollar investment in ChatGPT owner OpenAI in January 2023.
The impacted services also include Microsoft Exchange Online, Microsoft SharePoint Online, Microsoft One Drive for Business and Microsoft Graph.
IT cos are on a churning spree amid a weak outlook. Big tech firms like Microsoft, Google, Amazon, Meta have laid off thousands of employees in recent months.
The CEO of Microsoft, which is one of the backers of OpenAI that has built AI-based chatbot ChatGPT, says it’s coming soon to its Azure OpenAI Service.
The company says it will align its cost structure with revenue in response to macroeconomic conditions and changing customer priorities.
In October 2022, Microsoft fired as many as 1,000 employees or 1% of its workforce. This time, it could lay off around 5% of employees.
"I absolutely think both of these as perhaps the greatest contributions that India can make to the world," the Microsoft CEO says.