Dzambhala

2 weeks ago | dzambhalafinance.com | Neer Varshney

Shares of Indo Borax and Chemicals are surging mid-session on Monday. The company announced a plan to invest ₹20 Crore toward manufacturing Boron Oxide in Madhya Pradesh. The proposed facility would have an annual capacity of 4,000 metric tons. “The company is launching High Value Boron Oxide as a new product, using existing product Boric Acid as raw material. Most customers are common for Boric Acid and Boron Oxide,” Indo Borax disclosed to BSE.

1 month ago | dzambhalafinance.com | Neer Varshney

OpenAI’s intriguing collaboration with designer Jony Ive is turning heads and an industry analyst now suggests mass production for their AI hardware device could kick off as early as 2027. While specifics are still under wraps, the device, rumored to be sleeker than the AI Pin and resembling the iPod Shuffle, is crafted for neck wear, prominent tech analyst Ming-Chi Kuo said citing industry sources.

1 month ago | dzambhalafinance.com | Neer Varshney

OpenAI CEO Sam Altman announced through X late Thursday that Fidji Simo, the former Instacart CEO, will join OpenAI as the CEO of Applications. Altman expressed enthusiasm for Simo’s new role, emphasizing their experience working together over the past year. Simo would report directly to Altman in the role. With the change, Altman plans to concentrate more on research, computation, and safety, critical aspects as the company navigates the landscape towards superintelligence.

2 months ago | dzambhalafinance.com | Neer Varshney

OpenAI has unveiled its new o3 model as part of its o-series, highlighting a breakthrough in reasoning capabilities, especially in interpreting and processing images. These models, including the o4-mini, can now effectively utilize full tool access within ChatGPT. The Sam Altman-led company specially highlighted o3’s prowess in visual tasks, such as analyzing images, charts, and graphics.

2 months ago | dzambhalafinance.com | Neer Varshney

UltraTech Cement has announced the acquisition of a 26% equity share in AMPIN C&I Power Eight Private Limited. The acquisition is part of a strategy to meet the company’s green energy requirements and optimize energy costs. AMPIN C&I Power Eight is involved in the generation and transmission of renewable energy, specifically solar power. The total investment for the acquisition is approximately Rs. 25.5 Crores. This transaction is not classified as a related party transaction.