Monday, April 22, 2024

Human Resource Development

FinTech behemoth Revolut names a new UK CEO amidst difficulties getting a banking license

Francesca Carlesi, a former executive at Barclays, has been named as the new CEO of Revolut, a European FinTech company, effective Thursday. Carlesi, who has fifteen years of experience in the financial services industry and was previously employed at Deutsche...

IMF Raises US Growth Forecast for 2023; Global Outlook Keeps Unchanged.

The International Monetary Fund released its latest World Economic Outlook on Tuesday, revising its US growth forecast while predicting a slowdown in expansion in the Eurozone. The IMF has raised its forecast for U.S. growth this year to 2.1%, an...

G20 Countries Reach Consensus on New Delhi Joint Declaration

The Group of 20 countries on Saturday overcame differences over references to the war in Ukraine and agreed on a joint declaration that paves the way for debt repayment frameworks and country-based climate finance solutions, among other pledges to...

Amid Rising Global Tensions, US President Heads to India for the G20 meeting

USA President Joe Biden will travel to New Delhi, India to meet with the world's largest economies (the Group of 20) at the G20 summit and reassert himself as a top diplomat. The 18th G20 summit is scheduled in...

Intuit’s Alex Chriss chosen as the new PayPal CEO

The members of PayPal’s board announced that PayPal’s new CEO will be Alex Chriss. He currently runs the small business and self-employed group at Intuit. Chriss will take over for PayPal’s present CEO Dan Schulman from Sept. 27. Schulman had earlier...

Elon Musk Says, India has more promise than any large nation in the world

Indian Prime Minister Narendra Modi, last week in his state visit to the USA, met Tesla CEO Elon Musk. Musk told reporters after meeting Modi that he is incredibly excited about the future of India and said that India has more promise...

Allen Institute for Brain Science Teams up with AWS to Create First-ever Map of the Brain

Just like the periodic table is foundational to chemistry and the Human Genome Project created a revolution in modern genetics, researchers at the Allen Institute for Brain Science have partnered up with Amazon Web Services for creating possibly a transformative resource...

Sam Altman Says, OpenAI Changed its Plans and Won’t Train LLMs on Customer Data

OpenAI CEO Sam Altman recently said, “OpenAI hasn’t trained its AI large-language models such as GPT with paying customer data for a while. Customers clearly want us not to train on their data, so we’ve changed our plans: We...

Infosys Founder Says, AI-powered Chatbots Can’t Beat Human Mind

The internet is flooded with all the things that ChatGPT is capable of doing, ranging from coding to human-like conversations. Amidst all that, Infosys Founder, Narayana Murthy opines, “Nothing can beat the human mind — not even AI-powered chatbots like...

Elon Musk is planning an AI Startup for competing with OpenAI

Tesla CEO Elon Musk is planning to unveil an artificial intelligence startup that would compete with OpenAI. Musk has been building a team of engineers and researchers and has been in talks with multiple investors. He has been recruiting from other...
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