close
close

Today’s cache | Former OpenAI Chief Scientist Founds New AI Company; Students refuse to work at Google, Amazon; New GST Regime Harms Skill-Based Gaming Industry

Today’s cache |  Former OpenAI Chief Scientist Founds New AI Company;  Students refuse to work at Google, Amazon;  New GST Regime Harms Skill-Based Gaming Industry

(This article is part of Today’s Cache, The Hindu’s newsletter on emerging themes at the intersection of technology, innovation and policy. Sign up here to get it in your inbox.)

Former Chief Scientist of OpenAI is founding a new AI company

Co-founder and former chief scientist of OpenAI, Ilya Sutskever, has announced that he will be starting a new AI company. Titled Safe Superintelligence, the company will focus on AI safety with offices in Palo Alto and Tel Aviv. In a post on

Former OpenAI researcher Daniel Levy and Cue co-founder Daniel Gross, along with a former AI leader at Apple, are listed alongside Sutskever as co-founders of the AI ​​company. The AI ​​researcher left OpenAI after being a key part of CEO Sam Altman’s firing last year. Sutskever was later removed from the board after Altman’s return.

Students refuse to work at Google, Amazon

More than 1,100 STEM students and young workers from across 120 universities have signed a pledge not to accept job offers or internships from Google or Amazon unless they are no longer part of Project Nimbus, a $1.2 billion contract dollar that provides cloud computing services and infrastructure to the Israeli government.

The students come from colleges including Stanford, UC Berkeley, the University of San Francisco and San Francisco State University and also attended a rally outside Google’s SF office with other employees and activists. According to LinkedIn data, these companies are the top employers for graduate students from these STEM schools. Google had previously clarified that Project Nimbus was not intended for military work, but leaked documents have revealed that the contract is for the Israeli military.

New GST Regime Harms Skill-Based Gaming Industry

The new GST regime has either hurt the revenues of skill-based online gaming companies or made their business model non-functional, according to a study by Ernst & Young and the US India Strategic Partnership Forum. After the changes to the EST structure, the pay-to-play online skill gaming industry will have to pay 28% on deposits.

Since the introduction of the new tax regime, no capital has been raised in the sector for 1 yearst October 2023, with some companies reporting a complete withdrawal from global investors, the report said. The Indian gaming sector has attracted $2.6 billion in foreign direct investment from both domestic and global investors since 2019, with 90% going into the pay-to-play format.

This is a Premium article available exclusively to our subscribers. To read 250+ such premium articles every month

You have reached your free item limit. Please support quality journalism.

You have reached your free item limit. Please support quality journalism.

This is your last free article.