‘Dismiss application of book publishers’: OpenAI to Delhi HC
OpenAI argued that the examples cited by FIP do not show that OpenAI’s LLMs were trained on the “original literary works” of the publishers.
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Adani Wilmar Q3 Results: PAT soars 104% YoY to Rs 411 crore, revenue jumps 31%
Adani Wilmar Q3 Results: Adani Wilmar’s profit surged 104% YoY in Q3 to Rs 411 crore, with revenues growing 31% to Rs 16,859 crore. Edible oil volumes grew 4% YoY, while the food and FMCG segment saw a 22% YoY revenue increase. The company expanded its distribution network significantly.
Sensex, Nifty down 1%; European mkt opens lower
At 13:28 IST, the barometer index, the S&P BSE Sensex, tumbled 758.92 points or 1% to 75,431.54. The Nifty 50 index declined 241.85 points or 1.05% to 22,850.35.
Adani Wilmar Q3 Results: Net profit jumps 105% YoY to ₹411 crore; revenue surges 31% YoY
Adani Wilmar announced a 104.5% increase in Q3FY25 consolidated net profit, reaching ₹411 crore, up from ₹201 crore last year. Revenue from operations rose 23.62% to ₹15,859 crore compared to ₹12,828 crore in the same quarter last fiscal year.
Adani Wilmar Q3 Results: Highest quarterly revenue, margin expansion sends stock higher
Adani Wilmar Q3 Results: The company’s revenue and profit were the highest in a quarter with an 80 basis points expansion in margins.
China’s ChatGPT-killer DeepSeek has OpenAI, Microsoft, Meta and Google worried
DeepSeek’s real achievement lies in its ability to develop a cutting-edge AI model while spending a fraction of what its US counterparts have. OpenAI’s development of GPT-4 cost upwards of $100 million, yet DeepSeek claims it spent just $5.6 million to bring DeepSeek-V3 to life
Ambani, Adani backed publishers seek a law suit against Open AI
They claim the company used their copyrighted content without authorisation for training its AI models.
Futures slip as investors eye China’s latest AI push – what’s moving markets By Investing.com
Futures slip as investors eye China’s latest AI push – what’s moving markets
Govt seeks applications for SEBI chief’s post; Congress takes swipe at ad for it
The three-year term of Madhabi Puri Buch, who assumed charge in March 2022, as the securities and commodity market regulatory body head is due to end on February 28
Adani Wilmar logs highest-ever quarterly profits in December quarter
Adani Wilmar reported its highest-ever quarterly net profit of Rs 411 crore in the October-December quarter, up by 105 per cent year-on-year. In the year-ago quarter, the profit after tax was at Rs 200.89 crore.