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News on Medial
Oxford University severs ties with TCS citing “technical problem”
Livemint
·
1y ago
Medial
Oxford University has ended its partnership with Tata Consultancy Services (TCS) as its admission test provider due to "technical problems" faced by candidates. TCS had taken over Cambridge Admissions Assessment Testing (CAAT) in providing technical services for the university's admission tests. The decision was made following feedback from candidates, teachers, and test centers. Oxford University will announce details of its new arrangement for the tests in the next admissions round.
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OpenAI introduces ChatGPT Edu for universities and educational institutions
YourStory
·
1y ago
Medial
OpenAI has introduced ChatGPT Edu, a version of its ChatGPT language model tailored for higher education. This version, powered by GPT-4o, offers advanced text and vision reasoning, as well as data analysis capabilities. It includes enterprise-level security and controls and aims to provide an affordable option for universities. Several institutions, including the University of Oxford and Columbia University, have already adopted the ChatGPT Enterprise for various tasks such as tutoring, resume reviews, grant application writing, grading, and feedback. The ChatGPT Edu version also allows users to create and share custom GPTs within university workspaces.
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Rajesh Bhosale’s 2 top trading ideas: TCS & Ashok Leyland
Economic Times
·
1m ago
Medial
Rajesh Bhosale, Technical Analyst at Angel One, recommends buying Tata Consultancy Services (TCS) and Ashok Leyland. TCS is expected to rebound from multi-year support levels with a target of Rs 3,100. Ashok Leyland is showing a bullish reversal pattern, targeting Rs 130. The market is at a critical juncture, with Nifty and Bank Nifty at key support levels, indicating potential rebounds. Buying opportunities exist, particularly in the auto sector.
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A group of Oxford University students were encouraged to use AI 'thoughtfully and critically' to help them write some essays
Business Insider
·
1y ago
Medial
Oxford University students were given the opportunity to use AI tools like ChatGPT to assist them in writing essays as part of a course module at the university. The purpose of the task was to teach students how to use AI responsibly and improve their essay writing skills. The use of AI tools was not included in formal assessment, but aimed at helping students produce better essays when used thoughtfully and critically. This initiative comes in light of the increasing popularity and concerns surrounding the use of AI-generated content in academia.
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TCS wasn't kidding when it ordered staff back to office
Livemint
·
1y ago
Medial
Tata Consultancy Services (TCS) is reportedly using office attendance as a metric to determine salary hikes for employees. TCS assessed attendance along with other factors before rolling out annual wage hikes to over 600,000 employees. Employees who showed up at the office less frequently received lower pay hikes compared to those who regularly attended. TCS has been encouraging employees to return to the office for over 15 months, citing the importance of understanding company culture and working from secure workstations. The use of office check-in as a metric for pay hikes is believed to be the first of its kind.
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Edtech Startup Skill-Lync placed 1000+ engineers: E&Y
Startup News FYI
·
2y ago
Medial
EdTech platform Skill-Lync enlisted Ernst & Young to audit its student placements, confirming over 1000 successful engineering placements across companies. The platform's success is attributed to industry-relevant content, technical tutors, and strong industry ties with leading automotive companies for upskilling.
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Zerodha, Groww users miss out on gains from June 4 market plunge due to technical glitches
YourStory
·
1y ago
Medial
Customers of Zerodha and Groww were disappointed as technical issues caused delays in their mutual fund investments during the market turmoil on June 4. Retail investors who had placed orders before the same-day settlement cutoff time claimed their orders were only fulfilled the next day when prices had already risen. Some users reported receiving order confirmations days after placing them. Both Zerodha and Groww acknowledged the issues, with Zerodha blaming a problem with its payment aggregator Razorpay. This incident highlights the recurring problem of technical glitches causing inconvenience and notional losses for investors using brokerage apps.
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49% of teachers not prepared for AI impact, need urgent support
Economic Times
·
1y ago
Medial
A new report reveals that about 49% of teachers feel unprepared for the impact of artificial intelligence (AI) in education. The report, conducted by the Oxford University Press, highlights the need for governments to support schools in harnessing the potential of AI and preparing students for an AI-enabled future. Without clear guidance and consideration of the risks, teaching and learning standards could be affected during the experimentation phase. The report also emphasizes the importance of providing teachers with relevant insights and research on AI.
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Louisa AI raises $5 million seed funding
Thehindubusinessline
·
1y ago
Medial
Louisa AI, an AI-powered platform, has raised $5 million in seed funding to further develop its technology that aims to systematise serendipitous professional connections. The platform, which originated from a concept at Goldman Sachs, uses AI and network effects to create business opportunities for sales and deal-making. The funding was led by investors such as Oxford University and early-stage venture capitalists. With this funding, Louisa AI plans to expand its capabilities and redefine B2B interactions by offering tools to effectively leverage networks for growth and collaboration.
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Domestic online gaming industry seeks GST adjustment to help it thrive
YourStory
·
1y ago
Medial
The Indian online gaming industry is calling on the government to reconsider the 28% Goods and Services Tax (GST) on Contest Entry Amount (CEA) as it is hindering the industry's growth and providing an advantage to foreign companies. The Skill Online Games Institute (SOGI) argues that the high tax rate is pushing domestic companies out of business and inadvertently promoting illegal offshore gambling. SOGI is collaborating with the University of Oxford to study global regulations and suggests considering taxation models of other countries. With the right regulatory framework, the industry has the potential to grow significantly.
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UK universities join retreat from Elon Musk's X, citing misinformation on platform
Economic Times
·
8m ago
Medial
Several UK universities are retreating from Elon Musk's X platform due to concerns about misinformation fueling past racial riots. A Reuters survey found many institutions have significantly reduced or stopped using X, formerly known as Twitter, citing issues around misinformation and declining user engagement. Prominent universities like London Business School and several colleges at Cambridge and Oxford have curtailed their presence on X, while some have completely abandoned the platform, seeking engagement alternatives.
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