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Why this tech boss thanked Sam Altman after building Indian LLM under $5 million: ‘For daring us to dream’

CP Gurnani, former CEO of Tech Mahindra and founder of AIonOS, thanked OpenAI boss Sam Altman after developing a large-language model for just $5 million. {{^usCountry}} {{/usCountry}} "I am happy to share that they spent less than five million dollars on what Sam Altman said India will never be able to deliver," he added. Last year in June Sam Altman …

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Vineet Nayyar, former vice chairman of Tech Mahindra, passes away at 85

Vineet Nayyar, the former vice-chairman of Tech Mahindra, has passed away at 85. The former World Bank executive joined Tech Mahindra, formerly known as Mahindra British Telecom, in January 2005 as its vice chair, chief executive officer and managing director. The same company, now rebranded as Tech Mahindra as of the financial year ended March 2007, saw its revenue more …

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AI can create more jobs than it potentially eliminates: Tech Mahindra's outgoing CEO

Generative AI technology can create more jobs than it is expected to eliminate, Tech Mahindra's outgoing CEO said, even as its ability to wreck the job market has been discussed widely on social media sites. While some top industry executives have discussed the potential loss of around a third of jobs due to the impact of the technology, Mr. Gurnani, …

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Tech Mahindra’s CEO takes 50% pay cut in FY 2023. This is how much he earned..

CP Gurnani, the chief executive of the prominent technology conglomerate Tech Mahindra, has recently experienced a decrease in his annual compensation, according to a recent report. Based on Tech Mahindra's annual report, CP Gurnani, the CEO of the company, saw a significant decline in his earnings for the fiscal year 2023 compared to the previous year. The report indicates that …

Tech Mahindra CEO feels ChatGPT-like AI tools will not take away human jobs, but create more roles

Tech Mahindra’s attrition rate to ease further, says CP Gurnani

IT investors have been concerned about the elevated attrition levels that listed Indian technology firms are witnessing amid robust demand. Large cap IT companies Infosys Ltd, Tata Consultancy Services Ltd and HCL Technologies Ltd saw a futher increase in attrition rate in Q1FY23. The company saw attrition rate, measured on the last 12 months basis come down by 200 basis …

Pune-based IT services major Tech Mahindra Ltd is betting big on the opportunities provided by 5G and digital transformation. Tech Mahindra’s entry into the metaverse is expected to be an extension of its NXT.NOW framework, which aims to enhance human-centric experiences by investing in emerging technologies and solutions that enable digital transformation to meet the evolving needs of the customer. …