Stability

Startup Stability AI CEO Emad Mostaque steps down

In a post on X, Mostaque wrote that he made the decision to resign, and that he would focus on solving the problem of the concentration of power in AI

Getty Images lawsuit says Stability AI misused photos to train AI

The lawsuit, filed in Delaware federal court, follows a separate Getty case against Stability in the United Kingdom and a related class-action complaint filed by artists in California against Stability and other companies in the fast-growing field of generative AI.

Global shares rise, but face patchiest yearly performance since 2008

The MSCI All-World index rose 0.1% on the day, although it is on track for a 4.4% decline in December. This year, the index is set to have fallen for eight out of 12 months, on a par only with 2008 for the number of monthly losses in a calendar year on record.

Hail eased construction norms, but benefits to lag: L&T

The new policy has done away with the three-year lock-in period for repatriation of investment.

Cautious on India; bullish on IT, FMCG: Cityspring Advisors

Speaking to CNBC-TV18‘s Sonia Shenoy and Latha Venkatesh, Tarun Kataria, chairman, Cityspring Advisors, says the market is looking a little bit firmer and what the government and the central bank has done across the last three-four months is exactly the right thing by focusing on inflation.

EnterpriseDB Releases New Postgres Products For Mission-Critical Demands

New versions of the flagship database and management console to leverage Postgres to enhance performance and stability for enterprises.

Weak rupee to benefit only in short-term: Tech Mahindra

Tech Mahindra is hopeful of benefitting from the weak rupee for 1-2 quarters. However, inflationary pressure will push up domestic costs and overall postive impact will be less, Vineet Nayyar, vice chairman of Tech Mahindra says.

Best time to increase duration in portfolio: ICICI Pru MF

Bond market is starting to witness some stability now, and will be keenly waiting for the currency to stabilise, says Rahul Goswami of ICICI Prudential MF.

PM seeks report on impact of offshore forex trade on rupee

PM Manmohan Singh has sought a report mitigating the impact of offshore rupee trade in the decline of rupee in the domestic market. This comes in a day after PM met the industry heads where he was briefed about the activities of the offshore currency trade.

Risks to banks increased marginally: Fin Stability Report

Indian banks are yet to complete its journey through rough weather. Risks to the banking sector have increased marginally since December 2012 while the credit quality of commercial banks could worsen further, said the latest Financial Stability Report (FSR) issued by the Reserve Bank of India on Thursday.