Gig, delivery workers call for all-India strike on Christmas Day, New Year’s Eve| Business News

Associations representing gig workers in India have called for an all-India strike on Christmas Day and New Year’s Eve—two of the busiest days of the year for the likes of Swiggy, Zomato and Blinkit—over what they claimed were worsening working conditions and reduced commissions. The gig workers strike is a protest against what their associations […]

OpenAI, Amazon strike $38-billion deal for ChatGPT to use AWS| Business News

Amazon.com Inc. will supply OpenAI with cloud computing services under a multi-year $38-billion deal, giving the ChatGPT maker access to hundreds of thousands of Nvidia graphics processors to train and run its artificial intelligence models. OpenAI recently turned into a for-profit enterprise. (Reuters) The agreement announced on Monday underscores the AI industry’s surging appetite for […]

Microsoft, OpenAI strike new deal that pegs ChatGPT maker’s valuation at $500 billion| Business News

Microsoft Corp. and Open AI have struck a new deal that allows the ChatGPT maker to restructure into a public benefit corporation. That gives OpenAI a valuation of $500 billion and more freedom it its business operations. OpenAI CEO Sam Altman (left) and Microsoft CEO Satya Nadella (AFP) The deal removes a major constraint on […]