DIRS.INFO The most relevant business & tech news

☆ Google announces custom Arm-based chips, following similar efforts at rivals Amazon and Microsoft
▼ + stars: | 2024-04-09 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Google is trying to make cloud computing more affordable with a custom-built Arm -based server chip. With the new Arm-based chip, Google is playing catch-up with rivals such as Amazon and Microsoft, which have been employing a similar strategy for years. Google has used Arm-based server computers for internal purposes to run YouTube advertising, the BigTable and Spanner databases and the BigQuery data analytics tool. Arm chips, which are popular in smartphones, offer a shorter set of instructions than x86 chips, which are commonly found in PCs. Axion offers 30% better performance than the fastest general-purpose Arm-based virtual machines in the cloud and 50% better performance than than comparable VMs based on x86, Google said.

Persons: Chirag, Gartner, Graviton, Alibaba, Thomas Kurian, Dekate, Christina Malbon Organizations: Google, Microsoft, Amazon, Gartner, Amazon Web Services, Chirag Dekate, CNBC, Oracle, Arm Holdings, AMD, Intel Locations: Las Vegas, Sprinklr

☆ Algorithms, bias and hallucinations: 20 important AI terms investors should know
▼ + stars: | 2024-02-04 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +25 min

Generative AI Neural networks are the heart of the increasingly popular type of AI known as generative artificial intelligence , or gen AI for short. Both traditional AI and gen AI systems rely on data and can be used to automate decision-making tasks. Microsoft's AI virtual assistant Copilot — which went live in November — is perhaps the most prominent generative AI feature among our portfolio companies. Bias Bias is another downside to AI systems — and LLMs in particular — that users need to consider. While GPUs have the upper hand in AI training, CPUs are understood to perform AI inference well.

Persons: OpenAI's, —, We've, that's, Chirag Shah, Shah, Mark Riedl, Bruce Springsteen, Einstein, Copilot —, Springsteen, OpenAI, it's, Riedl, Harry Potter, I've, ChatGPT, University of Washington's Shah, there's, he'd, Georgia Tech's Riedl, LLMs that's, Georgia Tech's, Meta, Grace Hopper Superchip, Jim Cramer's, Jim Cramer, Jim Organizations: Broadcom, Microsoft, Meta, Nvidia, Apple, Chirag, University of Washington, Google, Georgia Tech's School of Interactive Computing, YouTube, Netflix, Amazon, Facebook, Reuters, U.S, University of Washington's, OpenAI, New York Times, Club, Jim Cramer's Charitable, CNBC Locations: Silicon Valley, Barcelona, U.S, WhatsApp, Istanbul, Georgia

☆ Daily Multivitamin Might Help Aging Brains
▼ + stars: | 2024-01-18 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +5 min

By Dennis Thompson HealthDay Reporter(HealthDay)THURSDAY, Jan. 18, 2024 (HealthDay News) -- A daily multivitamin could help people keep their brains healthy as they age, a new trial finds. Results suggest taking multivitamins could help prevent memory loss and slow cognitive aging among older adults, researchers report in the Jan. 18 issue of the American Journal of Clinical Nutrition. The effect was measurable: A daily multivitamin slowed brain aging by the equivalent of two years compared to placebo. “Cognitive decline is among the top health concerns for most older adults, and a daily supplement of multivitamins has the potential as an appealing and accessible approach to slow cognitive aging,” he said. It looked at whether a special cocoa extract supplement, a daily multivitamin (in this case Centrum Silver) or both might help boost health.

Persons: Dennis Thompson, Dr, Richard Caselli, “, Chirag, ”, ” Yvas, Olivia Okereke, Preventive Medicine Howard Sesso, Zaldy Tan, ” Tan, Caselli, Sesso, Brigham Organizations: American, Clinical Nutrition, Mayo Clinic, NBC News, Chirag Vyas, Massachusetts General Hospital’s Department of Psychiatry, Cocoa, Massachusetts General Hospital, MGH, Brigham, Women’s Hospital, Columbia University, Wake Forest University, National Institutes of Health, Mars Inc, Pfizer, COSMOS, Women’s, Preventive Medicine, Council for Responsible Nutrition, Cleveland Clinic, NBC Locations: Arizona, Massachusetts, multivitamins, Jona, Los Angeles

☆ Azerbaijan’s 10 best castles and fortresses
▼ + stars: | 2023-11-20 | by ( Tom Marsden | ) edition.cnn.com time to read: +10 min

It grew up around a fortress built in the 1750s by Panah Ali Khan, founder of the Karabakh Khanate (1748-1822). Kamilla Rzayeva Tea culture: Azerbaijani tea culture originated in Lankaran and the hospitable locals will often welcome visitors with a refreshing glass. Kamilla Rzayeva Yanar Bulag: Yanar Bulag, meaning "burning spring" is a natural spring which percolates methane gas. Kamilla Rzayeva Hirkan National Park: Home to endangered Persian leopards, Hirkin National Park is a great place for hiking and cooling off. Kamilla Rzayeva Ironwood trees: Hirkan National Park's famous ironwood trees are believed to have survived the last Ice Age.

Persons: ”, Alexander the Great, Timur, Russia –, Elchin Aliyev, who’s, Akhsitan I, Ilisu, Ivan Paskevich, Imam Shamil, Potemkin, Sergei Einstein’s, Panah Ali Khan, Persian Shah, Agha Mohammad Khan Qajar, Joseph Stalin, Kamilla, Stalin, Yanar, Zindan Organizations: CNN, UNESCO, Sheki, of Sheki, Zaqatala Locations: Europe, Asia, Azerbaijan, Russia, USSR, jostle, Old City, Baku, Mardakan, Shabran, Persia, Chirag, Sheki, Caucasus, Ilisu, Ilisu Sultanate, Soviet, Zaqatala, Lesser Caucasus, Shusha, Karabakh, Persian, Alinja, Azerbaijan’s, Nakhchivan, Armenia, Iran, Turkey, Machu Picchu, Azerbaijani, Lankaran, Ironwood, ironwood, Talysh

☆ I worked as an engineer on merchant vessels and my ship was held hostage by pirates for 8 months. I still cherish my career at sea.
▼ + stars: | 2023-10-13 | by ( Hannah Towey | ) www.businessinsider.com time to read: +14 min

Chirag Bahri worked as an engineer on merchant vessels during a nearly decade-long career at sea. In 2010, his chemical tanker was held hostage by pirates for eight months. I had just joined the crew and I really needed to be on the ship to earn money. I was in the engine room when I got the call that pirates had boarded the ship. I still cherish the time I spent working onboard ships and I would encourage people to look at seafaring as a very positive, rewarding profession.

Persons: Bahri, —, Marguerite, Farah Abdi Warsameh, I'm, Bahri's, Dharmesh Gohil, Sattish Bate, Chirag Bahri, Dierk Lindemann, there's Organizations: Service, Chirag Bahri, International, International Seafarers Welfare, Assistance, Regional, South, Maritime, Google, International Maritime Bureau, AP, Hindustan Times, Getty, Asphalt Venture, Chirag Locations: South Asia, India, Belgium, Aden, Asia, East, Europe, Somalia, English, al, Shabab, South Somalia, Salalah, Chirag

☆ Why the volatile South Caucasus is important for oil and gas supplies
▼ + stars: | 2023-09-20 | by ( ) www.reuters.com time to read: +1 min

The region is criss-crossed with oil and gas pipelines, though none are in close proximity to Karabakh itself. OIL- Azerbaijan's primary route for oil exports is the Baku-Tbilisi-Ceyhan (BTC) pipeline, which accounts for around 80% of country's oil exports and runs via Georgia and on to the Turkish Mediterranean coast. - Azerbaijan's total oil exports in January-July 2023 were 23.1 million tons (800,000 bpd), of which 76.3% flowed through the BTC. NATURAL GAS- Azerbaijan has plans to increase natural gas exports to Europe. Azerbaijan exported 6.6 bcm of natural gas to Europe in January-July.

Persons: Deniz, Vladimir Soldatkin, Mark Trevelyan Organizations: BTC, BP, Thomson Locations: MOSCOW, Azerbaijan, Nagorno, Karabakh, South Caucasus, Armenia, Baku, Tbilisi, Ceyhan, Georgia, Turkish, Russia, Supsa, Europe, Azeri

☆ Indian shares set for cautious start; all eyes on Fed meeting
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: +2 min

Bengaluru, Sept 18 (Reuters) - Indian shares are set to begin a holiday-truncated week on a cautious note as investors digested economic data from China and looked ahead to the U.S. Federal Reserve's policy meeting this week. India's GIFT Nifty (.GIFc1) on the NSE International Exchange was up 0.1% to 20,186.5 by 0755 IST. Separately, foreign investors bought 1.64 billion rupees ($19.74 million) worth of shares on a net basis on Friday, while their domestic peers bought 19.39 billion rupees worth of equity, according to stock exchange data. STOCKS TO WATCH** Bharat Electronics (BAJE.NS): Bharat Electronics receives orders worth 30 billion rupees** Axis Bank (AXBK.NS): Investment banking unit co-CEO Chirag Negandhi resigns** HFCL Ltd (HFCL.NS): HFCL received order worth 10.15 billion rupees. ** Tata Steel (TISC.NS): Reaches deal with UK government for investment in the UK steel industry.

Persons: Chirag Negandhi, HFCL, Sridhar Kalyanasundaram, Archishma Iyer, Sonia Cheema Organizations: U.S, NSE, Exchange, Bharat Electronics, Axis, Investment, Tata Steel, Dhanlaxmi, Thomson Locations: Bengaluru, China, U.S . Federal

Brochures are seen at a branch of Axis Bank in Mumbai, India, January 22, 2018. REUTERS/Danish Siddiqui/File photo Acquire Licensing RightsNEW DELHI, Sept 15 (Reuters) - The co-CEO of Axis Bank's (AXBK.NS) investment banking unit Axis Capital, Chirag Negandhi, has resigned, according to an internal memo seen by Reuters on Friday. The investment bank will likely tap an outside candidate for Negandhi's role, two sources with direct knowledge of the matter told Reuters. Axis Capital named another co-Chief Executive Salil Pitale as the interim managing director and CEO, as per the memo. Negandhi spent more than 13 years at the Axis' investment banking unit and would continue for three more months, the source added.

Persons: Danish Siddiqui, Salil Pitale, Negandhi, Sriram Mani, Tanvi Mehta, Sethuraman, Shweta Agarwal Organizations: Axis Bank, REUTERS, Danish, Capital, Chirag Negandhi, Reuters, Axis Capital, Cyient DLM, Mankind Pharma, Bikaji, Thomson Locations: Mumbai, India, DELHI, Axis

☆ Google, Microsoft ChatGPT Clones Will Destroy Internet Search
▼ + stars: | 2023-02-09 | by ( Adam Rogers | ) www.businessinsider.com time to read: +13 min

The other kind of search — "exploratory search" — is the hard one. That's where you don't know what you don't know. When you're scrolling through the links in a Google search, looking for "esoteric shit," as one search expert calls it, you see some pages that just look dodgy, maybe in ways you can't even totally articulate. But search chatbots can fake all that. Google's search pages already aren't fully trustworthy — they overindex YouTube video results, for example, because YouTube is a subsidiary of Google.

A massive earthquake that struck Turkey and Syria early on Monday had halted operations at Ceyhan and stopped key crude oil flows from Iraq and Azerbaijan. A trading source said the vessel was given the all clear to load Iraqi oil from storage. While Iraqi crude flows and exports have resumed, exports of Azeri crude were still stopped. The Azeri BTC pipeline was however still working and sending oil to storage in Ceyhan, two sources said. The Alfa Baltica and the Nordlotus tankers were waiting in the area for the Azeri crude BTC terminal at Ceyhan to reopen.

☆ India Budget 2023: Here's what the experts say
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +13 min

"This budget, therefore, has rewritten the rules for financilisation of savings in India, which will induce expenditures rather incentivise savings. LAKSHMI IYER, CEO-INVESTMENT ADVISORY, KOTAK INVESTMENT ADVISORS LTD"India budget 2023 has offered a multi-dimensional view. The 3 Cs which stand out are - Capex increase - consumption boost - capital gains tax status quo. Additionally, the budget has provided significant direct tax benefits to individuals which will help increase disposable income and support spending. The budget keeps in mind the needs of future India while focusing on Artificial Intelligence and machine learning.

☆ BP produced 20.4 mln tonnes of oil in Azerbaijan in 2022 - ministry
▼ + stars: | 2023-01-13 | by ( ) www.reuters.com time to read: 1 min

Companies Bp Plc FollowBAKU, Jan 13 (Reuters) - BP (BP.L) produced 20.4 million tonnes of oil in Azerbaijan in 2022, the energy ministry said on Friday. Gas production from the Azeri-Chirag-Guneshli (ACG) field totalled 13.4 billion cubic metres (bcm), the energy ministry said, while 25.2 bcm was produced from the Shah Deniz gas project. Reporting by Nailia Bagirova Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

☆ Google's former payments chief just unveiled his plans for a digital family office that relies on AI and already has $90 million in funding from backers like Ribbit Capital and Coatue
▼ + stars: | 2022-11-02 | by ( Asia Martin | ) www.businessinsider.com time to read: +3 min

Caesar Sengupta spent 15 years at Google and was its payments chief before leaving in 2021. Arta is backed by investors such as Sequoia Capital India and Ribbit Capital. Sengupta left Google in April of last year with seven other Google employees to start Arta: Charles Dong, Chirag Yagnik, David Shapiro, Edward Chiang, Felix Lin, Mark Striebeck, and Zelidrag Hornung. "This is so different from what Google does, we left and Google was extremely supportive," said Sengupta. Sengupta and other former Google executives on the Arta team left in the midst of a series of exits of high-ranking Google employees.

Search resuls for: "Chirag"

13 mentions found