BUSINESS

BasiGo founder and chief executive Jit Bhattacharya said on Tuesday the firm had received deposits for the business. The orders are a major boost for the firm as it will increase its sales of buses by nearly 24 times.
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1 year ago Read more at Business Daily

Microsoft has introduced its smallest artificial intelligence (AI) model. The company’s Phi-3-mini can perform tasks like content creation for social media while using less data, Reuters reported. Microsoft says smaller AI models are built to handle simpler tasks, they are easier for companies with fewer resources.
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1 year ago Read more at PYMNTS.com

Gulfport Luxury RV Resort at the corner of Cowan Road and Highway 90 is now open for business. The newly opened resort covers 14 acres of land. It features over a hundred RV pads, a clubhouse with a cafe, and even a resort-style pool.
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1 year ago Read more at WLOX

The Ministry of SMEs and Startups said on Tuesday that the amount spent on purchasing products from small and medium-sized enterprises hit a historic high of 127.3 trillion won ($93 billion) this figure surpasses the initial target of 118.4 trillion won by 7.5 percent.
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1 year ago Read more at Pulse News

India's life insurance market posted a 2% increase in total new business premium (NBP) to INR3,780bn ($45.4bn) in the financial year ended 31 March 2024 (FY2024) The pace of increase in the overall life sector was slower than the 18% chalked up in FY2023. On the other hand, the country’s 26 private-sector life insurers saw NBP growth of 12.1%.
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1 year ago Read more at Asia Insurance Review

Constant Contact’s Small Business Now report reveals a concerning trend. 81 percent of SMBs surveyed are concerned the current economy could negatively impact their business. Small businesses in the UK report the highest level of concern about the economy.
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1 year ago Read more at Martechcube

Isabel Berwick I think there is a flipside to loyalty. Anjli Raval This is why I think this idea of entrepreneurs is healthy and good. It’s a really good way to think about removing stagnation in the workplace.
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1 year ago Read more at Financial Times

WEST Indian Tobacco Company Ltd (Witco) managing director Raoul Glynn said the company will not enter the cannabis market.
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1 year ago Read more at Trinidad & Tobago Express Newspapers

Proud Pie has been a community staple for eight years, never missing an opportunity to be a good neighbor. In the kitchen, the staff are busy making all the pies they can. Owner Scott Chapman says trouble is brewing for awhile.
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1 year ago Read more at FOX 26 Houston

Smaller AI models can tackle content creation and data analysis without the hefty computational requirements and costs associated with larger counterparts, experts say. Small language models have a lower probability of hallucinations, require less data (and less preprocessing), and are easier to integrate into enterprise legacy workflows. The company did not reveal when any versions of Phi-3 would be released to the broader public.
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1 year ago Read more at PYMNTS.com