Business
BMW India Achieves Record Car Sales at 5,867 Units Sold in the First Half of 2023.

BMW Group, the German luxury vehicle manufacturer, announced a 5% year-on-year increase in total sales of its automobiles in India to 5,867 units in the first half of 2023, riding on record volumes.
In addition, the business recorded a more than 50% increase in sales of its premium motorbikes under the BMW Motorrad brand in the January-June period this year, totaling 4,667 units.
In the main portion of the year, the gathering sold 5,476 units of BMW marked vehicles and 391 units of Small, its most elevated ever half-yearly deals in India. “The (luxury vehicle) market is finally developing, which we all expected, yet for our purposes, new models have given us a tonne of development,” BMW Gathering India President Vikram Pawah told PTI in a meeting.
He said BMW’s development has come notwithstanding confronting production network limitations that had gone on from last year to the initial four months of 2023.
“The initial four months of the year, supply was as yet not there and our new models were at this point to show up. So really, the genuine delegate of our development would be somewhat, long periods of May and June,” Pawah said.
From a request consumption point, he said,”The first half is likewise a record year for us with request admission of more than 8,000 orders.” It is a general decent impression of the buyer opinion and the strength of the organization’s brands.
BMW’s games action vehicles (SAV) line-up added to more than 50% of all out deals, with the recently sent off BMW X1 representing north of 20%. Pawah said BMW’s electric vehicles containing models, for example, the i7, iX, i4 and Little SE, are likewise quick getting momentum on the lookout.
“We sold north of 500 vehicles in the primary portion (of 2023) which is 46% more than whatever we sold in the whole year last year…We are the outright forerunners in the top notch electric vehicles section since we have more than 50% piece of the pie,” he said. The ‘extravagance class’ containing 7 Series, i7, X7 and XM contributed 20% of absolute deals in the main portion of 2023, Pawah said, adding the “section became by more than 128% during the period”.
“Our extravagance class is developing, battery electric vehicles, which are developing at a high rate at around 8 to 9 percent of total deals, and at the passage level, X1 is 20% and the mid portion is north of 20% (of total out deals), so the equilibrium is great and all of the fragments are developing,” he said.
On the top notch bike business Motorrad, BMW said its deals in the principal half of the year was driven by ‘Made in India’ models G3 10R, G 310RR and G 310 GS with a consolidated portion of almost 90% in its all out deals.
Gotten some information about the standpoint until the end of the year, Pawah said,”It will be far and away superior with provisions becoming typical. We’ll have a record year in the event that all things stay consistent in the economy. The interest appears to areas of strength for be, product offering up areas of strength for is, improved by the send off of the new X5 and reaction is solid.”
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Business
Meta’s Gen AI Prepares to Introduce Numerous AI Chatbots Catered to Younger Users

Meta is developing a generative AI chatbot for younger users called “Gen AI Personas” and plans to introduce it this week.
The social networking business is prepared for its yearly “Meta Connect” event, which will begin on Wednesday.
The man-made intelligence chatbot “would come in various personas equipped towards drawing in youthful clients with more bright way of behaving,” The Money Road Diary said.
“Facebook parent is creating bots with characters, including a’sassmaster general’ robot that answers questions,” the article expressed.
Meta intends to create dozens of chatbots with AI personalities.
A “sassy robot” identity modeled like Bender from Futurama and an excessively nosy “Alvin the Alien” were evaluated by the business, according to internal discussions the WSJ reviewed. One employee was concerned that these personas may indicate that the bot was designed to obtain personal information.
A new AI model being trained by Meta is apparently going to be just as potent as OpenAI’s most recent chatbot, GPT-4.
According to prior rumors, Meta is increasing its infrastructure and purchasing more Nvidia H100 AI-training processors to train the new chatbot.
To hasten the development of AI tools that can imitate human expressions, Meta has gathered a team to construct the new AI model.
Meta introduced its own AI tool called Code Llama in August to create new code and fix human-written mistakes.Text prompts can be utilized by the huge language model (LLM) to create and examine code.
Also Read: Micron Launches $2.75 Billion Semiconductor Plant Construction in Gujarat
The company’s US headquarters will host this year’s “Meta Connect” as a two-day live event.
Mark Zuckerberg, the founder and CEO of Meta, will provide the keynote address, and there will be breakout sessions on AI and virtual, mixed, and augmented reality.
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Business
Micron Launches $2.75 Billion Semiconductor Plant Construction in Gujarat

Leading American semiconductor producer Micron Technology has started work on a $2.75 billion testing and assembly facility for semiconductors in Gujarat’s Sanand, a crucial milestone in India’s attempts to supply domestic semiconductor demand and cut imports.
The India Semiconductor Mission (ISM)’s greatest investment has recently undergone a three-month turnaround since Micron originally disclosed its intentions to build the factory.
On Saturday, almost 90 days after Prime Minister Narendra Modi signed a contract with the Micron leadership during his trip to the US, the plant’s groundbreaking ceremony (Bhoomi Pujan), which will take place on a vast 93 acres of land, took place.
The national government’s introduction of the India Semiconductor Mission in December 2021 intends to establish India as a key participant in semiconductor technology.
Boosting Semiconductor Production in India
It was described by the minister for the Union as “an example of a double engine sarkar.” As per him, “In only a couple of months — land designation, the undertaking arrangements were all marked, and presently the genuine development work will start.”
Different electronic parts in cars, clinical hardware, modern gear, and different things, as well as cell phones, workstations, and other electronic gadgets, all depend on semiconductor chips. All of the $24 billion worth of semiconductors expected by the nation are currently imported.
Minister Vaishnav asserts that India would quickly fulfil domestic demand for chips and possibly export them.
“The country currently has a demand for chips worth 2 lakh crore; in the upcoming years, this demand will rise to 5 lakh crore. According to the course of action we are taking, India will soon be able to export chips in addition to meeting local demand, the minister added.
Up to 5,000 direct employment for Micron and 15,000 local jobs might result from the initiative in the upcoming years.
The government also anticipates that Micron’s entry into the assembly, testing, marking, and packaging (ATMP) market in India would draw in more businesses. Union Minister also stated that two significant semiconductor ideas are now being worked on and are anticipated to materialise over the next several months.
Also Read: PhonePe Introduces Indus Appstore for Native Apps
The national government’s introduction of the India Semiconductor Mission in December 2021 intends to establish India as a key participant in semiconductor technology.
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Business
Rivos countersuit Apple Over Non-Compete Agreements

Rivos, a startup in the chip industry, is countersuing Apple Inc. on the grounds that the tech giant compels its workforce to sign non-compete agreements that bar them from working for other firms and hinder emerging businesses from hiring its workers.
Rivos and six previous Apple laborers documented a countersuit on Friday in a government court in San Jose, heightening a severe proprietary advantage question that began when Apple sued Rivos and the previous representatives who joined the business last year. Rivos is contending that Apple’s “overbroad” non-divulgence and non-sales arrangements are unenforceable with an end goal to stand up against the organization.
“Apple has resorted to trying to thwart emerging startups through anti-competitive measures, including illegally restricting employee mobility,” Rivos claimed in its countersuit.”Afraid of any threat of real competition in the market, and hoping to scare and send a message to any employees who might dare to leave Apple to work,” the statement reads. somewhere else, Apple said.
In a protest, Apple said the firm and its representatives had tricked away its specialists and had taken secret information that had been utilized to make its own chip plans. The discussion focuses on “framework on-chip” innovation, which Apple claims it has burned through billions of dollars creating to give its items more prominent power. System-on-chip technology condenses several computer components into a compact chip.
Apple sued an ex-worker who passed on the organization to help establish a semiconductor business.
As a state of business, Apple requires its workers to consent to a licensed innovation arrangement, which Rivos accepts is far reaching to the point of covering anything ‘mastered’ throughout employmentwhether or whether it is a proprietary innovation. A non-requesting condition, which Apple uses to confine representative development and rivalry, is a piece of the agreement. Rivos said in its counterclaim.
Furthermore, according to Rivos’ countersuit, Apple does not check its workers’ data and communications once they leave their accounts for iCloud and iMessage storage.
In 2019, Apple recorded a claim against Gerard Williams III, the previous senior chip modeler at Apple who helped to establish the semiconductor organization Nuvia Inc., charging proprietary innovation robbery. In a court record, Williams had likewise fought back, guaranteeing that Apple’s case is expected to choke out the production of new innovations and arrangements by another business, and to decrease a business person’s adaptability to get a new line of work that is seriously satisfying.
Apple asked the St Nick Clara Region Better Court than excuse the objection against Williams in April.
According to the startup, Apple attacked Rivos using the same “playbook” it employed against Williams and Nuvia.
Also Read: PhonePe Introduces Indus Appstore for Native Apps
Apple’s trade secret accusations against Rivos were dismissed by US District Judge Edward Davila in August, but he allowed Apple to resubmit its lawsuit.
Apple Inc. v. Rivos Inc., 5: 22-cv-2637, Northern District of California (San Jose), U.S. District Court.
Source: ANI
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