OpenAI is developing agent software that can transform the way we interact with our devices, introducing a new operating system that performs complex tasks on smartphones. India's IT industry faces challenges due to uncertain demand, leading to reduced recruitment efforts. Franklin Templeton files for a spot Ethereum ETF, following the trend of other issuers in the cryptocurrency market.
OpenAI Developing Agent Software to Revolutionize Device Interaction
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OpenAI, the renowned artificial intelligence company, is reportedly developing "agent software" that has the potential to revolutionize the way we interact with our devices. This software aims to take over smartphones and perform complex tasks on behalf of the user.
( Credit to: Analyticsinsight )
By interacting with various programs on the device, the OpenAI agent can execute clicks, move the cursor, and input text. Essentially, it introduces a whole new operating system that could transform the way we engage with our computers.
Challenges in India's IT Industry Amidst Economic Uncertainties
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India's IT industry is experiencing some challenges amidst economic uncertainties. Major IT firms like TCS, Infosys, and Wipro have witnessed a decline in their recruitment efforts for four consecutive quarters.
This reduction in hiring is primarily due to the uncertain demand environment in global markets, particularly the United States and Europe. As a result, these organizations have scaled back on recruiting, especially for entry-level positions, to compensate for attrition.
Franklin Templeton Files for Spot Ethereum ETF
Franklin Templeton, a prominent asset management company, has recently filed for a spot Ethereum exchange-traded fund (ETF) with the Securities and Exchange Commission.
This move follows a trend set by other issuers such as BlackRock, Fidelity, Ark and 21Shares, Grayscale, VanEck, Invesco, Galaxy, and Hashdex, who have also applied for ETFs in recent months.
Franklin Templeton's application comes shortly after the launch of a spot bitcoin ETF by the company and nine other issuers. While BlackRock and Fidelity have experienced significant demand for their bitcoin funds, Franklin Templeton's inflows have been relatively modest, amounting to around $70 million since its inception.
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