| | OCTOBER 20268The Tamil Nadu government has reconstituted the Tamil Nadu Real Estate Regulatory Authority (TNRERA), appointing retired IAS officer K Phanindra Reddy as chair. The move ends a six-month period of temporary administrative oversight. Reeta Harish Thakkar, Mythili K Rajendran, former district judge S Kirubaharan Mathuram and retired PWD chief engineer K P Sathyamurthy join as members. Operating under India and Poland have set a goal of doubling bilat-eral trade by 2030 after talks between Prime Minister Narendra Modi and his Polish counterpart Donald Tusk, who is visiting India from 21 to 23 October with a delegation of about 100 business leaders. OpenAI is reportedly seek-ing about $30 billion in fresh funding at a $1.25 trillion valuation, with negoti-ations in their final stages. The figure is $150 billion below the $1.4 trillion valuation discussed earlier. Coatue Management is in talks to co-lead the round, while OpenAI has also held talks with UAE funds and firms such as BlackRock. The company last raised $122 billion in March at an $852 billion valuation. Com-mitments are expected by the end of next week. The fundraise comes as investors question whether heavy AI spending will deliver returns, and as they await Anthropic's anticipated IPO next month. OpenAI has deferred its own listing until next year. TAMIL NADU RECONSTITUTES TNRERA AND NAMES K PHANINDRA REDDYMODI AND TUSK PUSH TO DOUBLE INDIA-POLAND TRADE BY 2030OPENAI TARGETS $1.25 TRILLION VALUATION IN $30 BILLION FUNDING ROUNDMICROSOFT DEVELOPS AI TOOL TO DIAGNOSE LIKE DOCTORSNEWSROOM Client Associates, a multi-fam-ily office and private wealth management firm, has ap-pointed Ritwick Ghoshal as Manag-ing Partner ­ Growth & Strategy and Pulkit Vashishth as Director ­ Risk Advisory & Continuity Practice. Rit-wick brings over 30 years of experi-ence in private banking and wealth management, including a stint as Executive Director and Chief Invest-ment Officer at Centrum Wealth. He will oversee Fixed Income Advisory & Treasury Solutions, Risk Advisory & Continuity, and Lending Solutions, working with co-founder Himanshu Kohli. Pulkit, who has over 20 years in bancassurance and estate plan-ning, will lead the Risk Advisory & Continuity Practice from Mumbai, helping families and business owners protect long-term wealth. CLIENT ASSOCIATES APPOINTS RITWICK GHOSHAL AND PULKIT VASHISHTHLEADERSHIP AND APPOINTMENTSBUSINESS AND FUNDINGTECHNOLOGY AND HEALTHCARETRADE AND POLICYthe Real Estate (Regulation and Development) Act, 2016, the authority registers projects and agents, ensures compliance and resolves disputes between homebuyers and developers. Their combined backgrounds in administration, law and public infrastructure suit the varied regulatory matters likely to arise in the state's property market. Researchers at Microsoft have developed an AI tool that diagnoses patients step by step, much as doctors do, and reportedly proved more than twice as ac-curate as general practitioners on complex cases. An "orches-trator" directs a simulated panel of clinical specialists, deciding which questions to ask, which examinations to re-quest and which tests to order, while continuously revising its working hypotheses. Tested on over 300 highly atypical cases, it outperformed physicians who relied on textbooks and online resources, and its work-ups proved more economical. Dr Dominic King, a corporate vice president at Microsoft AI's health unit, noted that multi-ple-choice benchmarks do not reflect real clinical practice.
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