
India explores partners beyond US to build fighter jet engines
Talks with Safran SA also gathered momentum as the Paris-based aerospace company is open to transferring technology and sharing intellectual property rights, the people said.
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Economic Times
2 hours ago
- Economic Times
DeepSeek can undercut larger ChatGPT, ace investor Mary Meeker warns
Mary Meeker predicts AI will spawn numerous trillion-dollar companies, with competition intensifying from firms like China's DeepSeek. Rising training costs for leading US models, such as OpenAI's GPT, are creating opportunities for cheaper, task-specific alternatives. The current AI landscape resembles a capital-intensive commodity market, demanding deep funding and patient investors for startups to thrive. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Artificial intelligence (AI) forerunners like OpenAI could soon face serious competition from cheaper rivals such as China's DeepSeek , according to renowned Silicon Valley analyst and investor Mary Meeker Meeker, an early investor in companies like Meta, Spotify, and Airbnb, told the Financial Times that AI will create 'multiple companies worth $10 trillion' — and not all of them will be based in North America. 'The wealth creation will be extraordinary. We've never had a five-billion-user market that was this easy to reach,' she a recent report, Meeker and others point out that US companies, such as OpenAI's GPT and Google's Gemini, leading the development of large language models (LLMs) are now facing rising training costs. At the same time, competition from players like DeepSeek has intensified.'The business model is in flux,' Meeker wrote. 'Smaller, cheaper models tailored for specific tasks are emerging, challenging the idea that one large, general-purpose LLM can do it all.'While AI companies have enjoyed rise in revenues and stock prices, they face growing threats. New, more powerful chips and improved algorithms are lowering the cost of running AI models. This is helping competitors like DeepSeek launch models that are more affordable and goes on to underscore that, in the short term, these AI businesses are starting to look like commodity operations that burn through venture capital at a rapid pace. Despite the advances in the space, training the most advanced AI models is still extremely expensive. Costs have increased 2,400 times in the past eight years, making it nearly impossible for smaller players to compete. Only a few companies can afford to keep up, and even those lack a clear path to lower prices and more model options benefit consumers, they create a tough environment for startups. To survive, these companies need deep funding and patient investors. Meeker compares their situation to companies like Uber, Amazon, and Tesla , which all spent heavily for years before turning a reported earlier this week how several Indian startups may have to tap external funding to scale up their GenAI-based applications as AI companies such as OpenAI and Anthropic pause steep price cuts of their generative AI rose to fame during her time at Morgan Stanley with bets like Google and Apple, earning the moniker "queen of the internet". She joined venture capital firm Kleiner Perkins in 2010 and later co-founded her own firm, Bond, in 2019.


Hans India
3 hours ago
- Hans India
Best Website for Assignment Help Globally to Get Assignment Done Online
There are many assignment help services where you can hire professional assignment helpers online. However, is the best and most reliable 100% human written assignments across the USA, UK, Canada and Australia. In fact, is the only assignment help service that helps college, master and doctoral students with assignments with real experts located within the USA and not remote writers from elsewhere in the world. The best benefit of asking Coursepivot assignment helpers to do your assignment is that you get professionally done assignments by ENL writers from the USA. This is a US-based company with headquarters and offices in Texas, USA. Coursepivot has satellite offices in Canada, UK, and Australia as well, which means they offer their homework and assignment help services to students across the globe. If you are within Europe, maybe Spain, Ireland, or Germany, is a reliable assignment helper today. 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Time of India
3 hours ago
- Time of India
Oreo maker Mondelez sues Aldi, alleging grocery chain copies its packaging to confuse customers
HighlightsMondelez International is suing Aldi supermarket chain for allegedly copying the packaging of its popular products like Chips Ahoy, Wheat Thins, and Oreos. The lawsuit claims that Aldi's packaging is likely to confuse customers and seeks monetary damages as well as a court order to prevent Aldi from selling infringing products. Aldi has faced similar lawsuits in the past regarding packaging similarities, including a recent case in Australia and a ruling in the U.K. in favor of Thatchers cider company. Snack food maker Mondelez International is suing the Aldi supermarket chain, alleging the packaging for Aldi's store-brand cookies and crackers "blatantly copies" Mondelez products like Chips Ahoy, Wheat Thins and Oreos. In a federal lawsuit filed Tuesday in Illinois, Chicago-based Mondelez said Aldi's packaging was "likely to deceive and confuse customers" and threatened to irreparably harm Mondelez and its brands. The company is seeking monetary damages and a court order that would stop Aldi from selling products that infringe on its trademarks. Aldi didn't respond to messages seeking comment. The U.S. branch of Aldi, which is based in Batavia, Illinois, was named in the lawsuit. In the lawsuit, Mondelez displayed side-by-side photos of multiple products. Aldi's Thin Wheat crackers, for example, come in a gold box very similar to Mondelez's Wheat Thins. Aldi's chocolate sandwich cookies and Oreos both have blue packaging. The supermarket's Golden Round crackers and Mondelez's Ritz crackers are packaged in red boxes. Aldi, which was founded in Germany, keeps prices low by primarily selling products under its own labels. It's one of the fastest-growing grocery chains in the U.S., with more than 2,500 stores in 39 states. On Friday, the company announced that its current chief operating officer, Atty McGrath, would become Aldi's U.S. CEO on Sept. 1. The chain has faced lawsuits over its packaging before. Last year, an Australian court found that Aldi infringed on the copyright of Baby Bellies snack puffs for young children. In that case, Aldi's packaging featured a cartoon owl and similar colors to the name-brand packaging. Earlier this year, a U.K. appeals court ruled in favor of Thatchers, a cider company, which sued Aldi over design similarities in the packaging of its lemon cider. Mondelez said in its lawsuit that the company had contacted Aldi on numerous occasions about "confusingly similar packaging." Mondelez said Aldi discontinued or changed the packaging on some items but continued to sell others. The lawsuit also alleges that Aldi infringed on Mondalez's trade dress rights for the packaging of Nutter Butter and Nilla Wafers cookies, and its Premium cracker brand.