Indian-origin CEO Sanjay Mehrotra announces $250 million donation to Trump Accounts on behalf of his company Micron. Indian-origin CEO of Micron Technology, Sanjay Mehrotra, announced that on the occasion of American turning 250 on July 4 this year, his company will make a $250 million investment in Trump Accounts, the largest donation that any company … Read more
When Anthropic CEO Dario Amodei warned that AI could wipe out half of all entry-level white-collar jobs within five years, he wasn’t hedging. He told Axios it could spike unemployment to 10-20% and gut hiring across tech, finance, law, and consulting. Amazon Web Services chief Matt Garman has heard the prediction. He isn’t buying it.Speaking … Read more
Persistent CEO backs protocols amid Nagarro stock rally scrutiny BENGALURU: Responding to concerns over unusual trading activity in Munich-based IT firm Nagarro’s shares ahead of the deal announcement, Persistent Systems CEO Sandeep Kalra said the company followed “a very strict protocol” and tightly controlled access to the transaction. His comments came after Nagarro chief executive … Read more