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Business

Foxconn Introduces FoxBrain: A Revolutionary AI-Powered Large Language Model

Foxconn, in collaboration with Nvidia, has launched FoxBrain, an AI-powered large language model with 70B parameters. Based on Meta's Llama 3.1, it excels in reasoning, data analys...

Business

BioNTech Reports a Staggering €1.2 Billion Revenue in Q4 2024 Amidst Challenges

BioNTech SE announced a Q4 2024 revenue of €1.2 billion, exceeding expectations despite a 24.4% year-over-year decrease. The company reported a net profit of €259.5 million, with d...

Business

India's AI Ambitions at Risk: Over a Million Skilled Workers Short by 2027

India faces a critical shortfall of over a million skilled AI professionals by 2027, threatening its ambition to become a global AI hub. Urgent reskilling and upskilling efforts ar...

Business

BioNTech Reports a Significant Drop in Q4 Revenue to €1.2 Billion Amidst Fiscal Challenges

BioNTech SE announced a 24.4% year-over-year decrease in Q4 revenue to €1.2 billion, with net profit and EPS also declining. The full fiscal year saw total revenues drop to €2.7 bi...

Business

Indian Pharma CDMOs Stand Strong Against Proposed US Tariffs: A Detailed Insight

Indian pharmaceutical CDMOs remain resilient against proposed US tariffs, leveraging global trends and maintaining a crucial role in the US generic drug supply chain. With signific...

Business

Foxconn Introduces Groundbreaking FoxBrain: An AI-Powered Language Model Revolutionizing Technology

Foxconn has introduced FoxBrain, an AI-powered large language model developed with Nvidia's support. This 70B-parameter model, based on Meta's Llama 3.1, excels in various tasks in...

Business

AIESL Secures Major Contract for Advanced Maintenance on Kuwait Airways' Boeing 777 Fleet

AI Engineering Services Ltd (AIESL) has secured a major contract from Kuwait Airways for advanced maintenance checks on seven Boeing 777 aircraft, highlighting AIESL's excellence i...

Business

Sebi Introduces Stricter Regulations for SME IPOs to Safeguard Investor Interests

Sebi introduces stricter regulations for SME IPOs, including profitability requirements and caps on offer-for-sale, to safeguard investor interests and ensure a credible fundraisin...