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Larry Ellison cancels plan to sell Oracle stock worth up to $7.5 billion

8+ hour, 45+ min ago   (264+ words) business-standard.com Oracle said on Saturday that its co-founder and executive ​chairman Larry Ellison had canceled a plan to sell up to 50 million Oracle shares, worth about $7.5 billion at Friday's closing price Oracle had disclosed in a regulatory filing…...

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Larry Ellison cancels plan to sell Oracle stock worth up to $7.5 billion | World News

7+ hour, 58+ min ago   (282+ words) The shares are down nearly ‌23% year to date and were more than 18% below ​their closing level on June 18, the last trading day before Ellison adopted the plan (Photo:PTI) Oracle said on Saturday that its co-founder and executive ​chairman…...

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No IPO in 2026, firm to prioritise safety, says OpenAI CEO Sam Altman

10+ hour, 35+ min ago   (387+ words) Altman said this year would be an 'ill-advised moment' for initial public offering and that a listing won't take place until next year By María Paula Mijares Torres and Se Young Lee OpenAI won’t go public in this year…...

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Bizgurukul Brings its Global Freelancing Model in Regional Languages with New Freelancing with AI Course

5+ day, 18+ hour ago   (550+ words) New Delhi [India], September 7: Bizgurukul, the Delhi-based digital freelance school that has a freelancer network now spans in more than 180 countries, is bringing that same model closer to home. The company announced today that its newest program, Freelancing with AI,…...

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Best of BS Opinion: Why AI should worry us more than nuclear weapons

1+ day, 12+ hour ago   (357+ words) Today's opinions examine AI as a global security and jobs risk, Kerala's new government, India's vulnerabilities within Brics and the valuation challenge in family-business succession. Hello, and welcome to the Best of BS Opinion, our wrap of the day's Opinion…...

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OpenAI open to slowing cutting-edge AI, CEO Sam Altman tells staff

2+ day, 9+ hour ago   (384+ words) Business Standard By Shirin Ghaffary and Rachel Metz OpenAI is considering slowing down the development of cutting-edge artificial intelligence, and the ChatGPT maker’s Chief Executive Officer Sam Altman is hoping other AI companies will do the same In a…...

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Silicon Valley voices growing concern over existential risks of AI

2+ day, 8+ hour ago   (600+ words) Business Standard...

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Wipro's AI push deliver productivity gains equal to 20,000 workers: CTO | Company News

2+ day, 10+ hour ago   (367+ words) Wipro's AI initiatives have increased productivity equivalent to the output of 20,000 employees, who have since been redeployed within ​the Indian IT firm, its chief technology officer said. The comments ​come as India's $315 billion software services industry grapples with adoption of…...

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business-standard.com-standard.com

Pocket Entertainment crosses $500 mn ARR as business grows 70%

3+ day, 8+ hour ago   (287+ words) Business Standard Pocket Entertainment, the parent company of Pocket FM and Pocket Saga, has surpassed $500 million in annual recurring revenue (ARR), growing 70 per cent year-on-year, the company said in a release This was driven by the global growth of Pocket…...

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Anthropic gives EU access to Mythos months after model's release | World News

2+ day, 19+ hour ago   (247+ words) Anthropic gives EU access to Mythos months after model's release Business Standard Anthropic PBC has handed the European Union's cybersecurity agency access to its powerful Mythos artificial intelligence model, more than three months after first signaling the bloc would be…...