What’s New Today: IDBI Bank Announces 56 Openings for Assistant General Manager and Manager Roles
Fast-Track Insights: Legal Advisers Warn WazirX Customers May Recover Only 55% of Lost Funds After $234M Hack
A social media debate started last week over a comparison between OpenAI's ChatGPT and Perplexity AI, thrown by the CEO of Perplexity AI, Aravind Srinivas. He shared screenshots of how each AI responded to a query about the restriction of X, formerly known as Twitter, in Brazil. He said Perplexity AI does it more accurately and in a shorter time.
Paytm CEO Vijay Shekhar Sharma joined in with a witty analogy, comparing the use of ChatGPT to "talking Taylor Swift to a grandfather who grew up listening to Bono and Roger Waters." Sharma set forth another limitation of ChatGPT: the inability to do data mining, which in turn could affect its precision on current events.
IDBI Bank Recruitment Drive 2024: IDBI Bank has invited online applications from eligible candidates for recruitment to the posts of 56 Specialist Cadre Officer (SCO) posts. The vacancies also include 25 posts for Assistant General Managers and 31 posts for Managers. The willing candidates may apply online through the official website of IDBI Bank before September 15, 2024.
The selection process will comprise a preliminary screening of age, educational qualifications, and work experience, to be followed by Group Discussion(s) and/or Personal Interview(s). This recruitment is a very good opportunity for job aspirants, especially for those who dream of a successful banking career. Therefore, applicants are advised to check the official notification of IDBI Bank for more information.
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The situation of WazirX customers has indeed turned grim. Even after a hack of $234 million in July 2024, the legal counsels gave their verdict: highly improbable for complete compensation in cryptocurrency. Co-founder Nischal Shetty mentioned that work is in continuous effort to reduce the shortfall amount; however, on current estimates, only 55-57% of the lost funds have chance of recovery. The Singapore High Court would very much be expected to consider the request of WazirX for a six-month protection in order to restructure its liabilities.