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IT industry faces sluggish growth: Analysts

BENGALURU: The IT sector is trudging in the slow lane, operating at a lacklustre pace. Industry analysts forecast a slower pace of recovery with moderate growth for a longer period, even as the IT sector faces potential challenges stemming from the macro-economic environment and technology transition, increasing risks to revenue growth. This presents a case…

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Musk’s xAI joins $30 billion fund of MS-BlackRock

Microsoft Corp, the biggest backer of Sam Altman’s OpenAI, and BlackRock Inc, which has an executive on the artificial intelligence startup’s board, are joining forces with one of his chief rivals.Microsoft and BlackRock said on Wednesday that Elon Musk’s xAI is joining their effort to build $30 billion worth of data centers and other artificial…

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US Department of Education orders Maine to comply with Title IX or face funding cuts

Title IX breach: Maine Department of Education ordered to halt discrimination against female athletes. (Michael A. McCoy/The New York Times) The US Department of Education‘s Office for Civil Rights (OCR) has found that the Maine Department of Education (MDOE) is violating Title IX, the federal law that prohibits sex-based discrimination in educational programs. The finding,…

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