
Alibaba unveils latest AI service for images in push for users
Synopsis
The Hangzhou-based company introduced Qwen VLo, part of a series of AI services under the company's Qwen brand. The new model is an upgrade from Qwen2.5-VL and is now able to generate text-to-image and image-to-image results. It also has a technology called progressive generation, meaning users can see the process as an image is created.

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The Hindu
14 minutes ago
- The Hindu
Austrian Grand Prix follows Miami in extending F1 contract to 2041
The Austrian Grand Prix at the Red Bull Ring will stay on the calendar through 2041 after announcing on Sunday a contract extension that equals Miami as the longest in Formula One. The current deal, last extended two years ago, ran to 2030. The circuit in Spielberg is owned by the Austrian energy drinks company that owns Red Bull Racing, and has Dutch four times world champion Max Verstappen as their star driver, and Italy-based Racing Bulls. Miami agreed a 10-year extension to 2041 last month. Behind them, Bahrain has a deal to 2036, Melbourne to 2035, Saudi Arabia and Qatar to at least 2032. 'Austria has long been an incredibly special race for Formula One so it's fantastic we have secured the long-term future of a Grand Prix so deeply rooted in the sport's history,' said Formula One chief executive Stefano Domenicali. ALSO READ | Formula 1 extends Canadian Grand Prix contract till 2035 Verstappen has won a record five times in Spielberg, a 4.3km circuit known for its picturesque backdrop and undulating layout. The late Red Bull founder Dietrich Mateschitz, whose son Mark is now at the helm, invested heavily in renovating the circuit. 'I am delighted that Formula One will remain at the Red Bull Ring for many years to come. I am proud to continue my father's legacy,' he said.


Hindustan Times
21 minutes ago
- Hindustan Times
Signature Global to invest ₹2,200 cr on new housing project in Gurugram
New Delhi, Jun 29 (PTI) Realty firm Signature Global will invest around ₹ 2,200 crore to develop a new housing project in Gurugram to expand business and achieve over 20 per cent growth in its pre-sales this fiscal year. Signature Global said on June 30 that it has sold premium flats worth more than ₹ 2700 crore in its new project in Gurugram on the back of strong housing demand (Representational Image)(File Photo ) The company has recently launched a premium residential project, 'Cloverdale', comprising 770 apartments, on Southern Peripheral Road (SPR), Sector 71, Gurugram. Signature Global emerged as the fifth largest listed real estate developer last fiscal in terms of sales bookings by achieving record pre-sales of ₹ 10,290 crore. The Gurugram-based company has given a guidance of posting ₹ 12,500 crore worth pre-sales in the current fiscal. "We have launched a new housing project in Gurugram. Housing demand continues to be strong in this city, especially for reputed builders," Signature Global Chairman Pradeep Kumar Aggarwal told PTI. The company is selling homes in a price range of ₹ 4 crore to ₹ 7 crore in this project, which is spread over 8 acres and is part of an overall 22-acre development. Also Read: Signature Global to invest ₹ 4,000 crore on two new projects in Gurugram The project is scheduled to be completed by 2031. Last month, Aggarwal said the company will invest around ₹ 4,000 crore this fiscal to acquire land parcels and carry out construction activities in its housing projects at Gurugram. Signature Global had invested ₹ 1,070 crore last fiscal year to purchase 48 acres of land in Gurugram, Haryana. "Land is an important raw material for real estate developers. We will be investing around ₹ 1,200-1,500 crore on the acquisition of land parcels," he had said. Aggarwal said the investment in construction activities would be around ₹ 2,500 crore in 2025-26 against ₹ 1,900 crore in the preceding fiscal. Last week, Signature Global announced plans to raise ₹ 875 crore through issue of non-convertible debentures to refinance debt and expand business. "We have taken the approval of board to raise funds. We will also seek shareholders approvals," Aggarwal said. He said the company will use ₹ 450 crore to refinance its existing debt while the remaining amount will be for business growth. Aggarwal said the company is targeting to raise funds by end of August, subject to shareholders' approval. Also Read: Signature Global acquires over 8 acres of land in Gurugram for ₹ 282 crore Signature Global, one of the leading real estate developers in the country, started its business to develop affordable housing projects but shifted its focusing on mid-income, premium and luxury segments because of high land cost in Gurugram. It posted a net profit of ₹ 101.2 crore last fiscal, a sharp jump from ₹ 16.32 crore in the preceding year. Its total income grew to ₹ 2,637.99 crore in the last fiscal from ₹ 1,324.55 crore in 2023-24. Since inception, Signature Global has delivered 13.5 million square feet of housing projects and has a strong pipeline of about 21.6 million sq ft of saleable area in upcoming projects, along with 46.38 million sq ft of ongoing projects, targeted for completion within the next 2-3 years.


Time of India
37 minutes ago
- Time of India
Amul remains India's top food brand with $4.1 billion valuation; Mother Dairy second: Report
Amul has retained its position as India's top food brand, with brand value of USD 4.1 billion followed by Delhi-NCR based Mother Dairy with USD 1.15 billion brand value, as per the latest Brand Finance report . Britannia was ranked third on India's top food brand list, while Karnataka-based dairy cooperative Nandini was at the fourth rank and Dabur was at the fifth place. Amul has retained its position as India's No. 1 food brand, according to the Brand Finance India 100 - 2025 report, a statement by Gujarat Cooperative Milk Marketing Federation ( GCMMF ) that markets under the Amul brand. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Join new Free to Play WWII MMO War Thunder War Thunder Play Now Undo "Mother Dairy has been ranked 2 in India's Top 5 Food Brands for 2025, up from 3rd position last year," the NCR based company said in a separate statement. UK-based Brand Finance is an independent brand valuation and strategy consultancy. Live Events Mother Dairy now holds the 35th spot among India's top 100 brands across industries, as against 41st position in 2024. Amul bagged the 17th place in the top 100 Indian brands. GCMMF's MD Jayen Mehta and Mother Dairy MD Manish Bandlish noted that this recognition is the result of their strong commitment to provide quality products to consumers. Mehta said, "It reflects the collective efforts of millions of dairy farmers and our unwavering commitment to providing high-quality, affordable food and dairy products to consumers." "As Amul continues to grow and expand its footprint, both in India and internationally, this achievement reinforces our responsibility to uphold the trust placed in us by generations of Indian households," he added. Manish Bandlish of Mother Dairy said: "This recognition is both a reflection and a testament to our collective efforts -- a heartfelt thank you to our consumers, farmers, partners, and employees -- this recognition belongs to each one of you." "Our rise among Top 5 Indian Food Brands and also in India's Top 100 brands across industries reflects more than numbers 'it reflects the trust earned, relevance sustained, and the resilience of a brand that continues to evolve," Bandlish said. In 2024-25, Mother Dairy achieved a total turnover of around Rs 17,500 crores, clocking a robust growth of 16 per cent over the last fiscal. Mother Dairy, a wholly-owned subsidiary of National Dairy Development Board (NDDB), was established under the novel 'Operation Flood' program. It manufactures, markets and sells milk and milk products under the 'Mother Dairy' brand. The company has a diversified portfolio with products in edible oils under the 'Dhara' brand while under the Safal brand it sells fresh fruits & vegetables, frozen vegetables & snacks, unpolished pulses, and pulps & concentrates, under the 'Safal' brand. GCMMF is the world's largest farmer-owned dairy cooperative with 3.6 million farmers. It markets Amul milk and milk products across 50+ countries. The USD 11 billion dairy cooperative collects 32 million litres of milk every day and distributes annually over 24 billion packs of Amul products which include Milk, Butter, Cheese, Ghee, and Ice cream among many others.