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Smartwatch powered by ChatGPT will soon be launched in India. As cryptocurrencies plummet, Sam Bankman-Fried defends his stance

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India plans to release revolutionary smartwatch integrated with Chatgpt

Good morning tech family, here are some quick tech updates for you to follow!

Today’s news: Non-tech sectors are attracting tech talent amid an IT hiring crisis

Quick insights: As cryptocurrencies plummet, Sam Bankman-Fried defends his stance

Crossbeats, an Indian wearables and audio company, has released Crossbeats Nexus, their latest smartwatch, in the country. The Nexus is claimed to be the first smartwatch to be released in India with ChatGPT connectivity. For those who don’t know, ChatGPT is an AI-driven OpenAI chatbot that has gained popularity in recent months. Furthermore, the wristwatch also includes an e-book reader, a first for a smartwatch. With the launch of Crossbeats Nexus, we are starting an exciting journey towards cutting-edge, purpose-driven solutions. Furthermore, we are excited to invest heavily in modern production facilities using cutting-edge technologies, said Archit Agarwal, co-founder of Crossbeats.

India’s tech talent will be rescued from non-tech sectors such as banking, retail and automotive as hiring in the traditional cyber haven sector drops sharply. However, the group will not be able to hire as many people as the IT sector. There are currently just under 90,000 vacancies in the technology sector in India across all industry sectors. According to Xpheno observations, the current volume of active demand for IT talent has decreased by more than 45% compared to typical levels of active demand

The pervasive influence of artificial intelligence (AI) it spans a multitude of business areas, from marketing and sales to human resources and financial management, to IT and customer service. Artificial intelligence applications that use natural language processing, such as chatbots and voice assistants, have become an integral part of the modern business landscape. Artificial intelligence (AI) is on the cusp of transformative developments as it continues to advance and evolve rapidly. The year 2024 promises to usher in a series of Artificial intelligence trends this will redefine how we interact with technology and solve complex problems in various fields. to know more

The creator of cryptocurrency exchange FTX, Sam Bankman-Fried, is currently on trial for fraud. The demise of the once-booming FTX company serves as a reminder of how volatile the cryptocurrency market can be. With digital coins worth over $1 trillion, cryptocurrencies continue to attract investors despite FTX’s dramatic collapse. This incident should serve as a warning about future fraud enabled by technology. Watching Bankman-Fried’s testimony with interest, the world remembers the spectacular collapse of the cryptocurrency.

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