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Google reinstates Indian companies’ applications on Play Store following regulatory action

Update: Google announced the restoration of all Indian firms’ apps following a meeting between the Silicon Valley company, protesting firms, and India’s IT Minister, Ashwini Vaishnaw.“Temporarily reinstating the apps of developers with appeals pending in the Supreme Court as a gesture of cooperation.” Google has the authority to uphold and …

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Groq, the AI chip startup, has announced the formation of a new business unit and the acquisition of Definitive Intelligence

Groq, a startup specializing in chips designed to accelerate generative AI models beyond traditional hardware capabilities, is focusing on serving both the enterprise and public sector markets.Today, Groq revealed its latest venture with the creation of a new division called Groq Systems, with a strong emphasis on broadening its customer …

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India changes its stance on AI, now mandating government approval for model launches

India has entered the global AI discussion by issuing an advisory that mandates “significant” tech companies to obtain government approval before releasing new models.An advisory was issued to firms by India’s Ministry of Electronics and IT on Friday. The advisory, which has been reviewed, requests that tech companies ensure that …

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Apple has been fined $1.84 billion by the EU for anti-steering practices in the iOS music streaming market

The European Union has fined Apple €1.84 billion for breaking antitrust laws in the music streaming services market on its iOS platform.Apple’s penalty is centered around their implementation of anti-steering provisions, limiting music streaming apps from informing consumers about lower-priced options outside of Apple’s App Store.Apple, with its own music …

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Meta’s CEO, Mark Zuckerberg, is seeking to strengthen partnerships with major technology companies in Asia to enhance their focus on developing AI chips

During his tour of Asian countries, Meta CEO Mark Zuckerberg expressed to South Korean President Yoon Suk Yeol his intention to enhance collaboration with Samsung Electronics for AI chips as a strategy to mitigate geopolitical risks associated with Taiwan, where TSMC, the world’s largest contract chip manufacturer, is located.According to …

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