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Artificial Intelligence
Startups
Zepto is hyperlocal Walmart of India, will focus on top 40 cities: CEO Aadit Palicha
Zepto, a quick commerce platform in India, raised $665 million in funding, valuing the company at $3.6 billion. The CEO sees Zepto as a hyperlocal Walmart focusing on groceries and household essentials. The company plans to expand its dark stores to 700 to compete...
Startups
Inside the rise and fall of Indian Twitter rival Koo
Koo, the Indian social media platform aiming to rival Twitter, has closed down due to unsuccessful acquisition negotiations. The company struggled with funding challenges and workforce reductions amidst a competitive landscape.
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Artificial Intelligence
Financial industry grappling with AI's gifts and perils, executives say
Zack Kass, a former head of business partnerships at OpenAI said AI systems could...
Artificial Intelligence
AI companies train language models on YouTube's archive − making private videos a privacy risk
Exploring the intricate nexus of big tech self-regulation, privacy concerns, and legal safeguards in...
Artificial Intelligence
SoftBank Group launches AI healthcare joint venture with Tempus AI
Anton Bridge reported SoftBank Group's collaboration with Tempus AI for medical data analysis, edited...
Artificial Intelligence
The AI boom has an unlikely early winner: Wonky consultants
As the tech industry explores avenues to monetise generative AI, consultants have already started...
Artificial Intelligence
Amazon cloud giant AWS wants public sector to embrace AI
Amazon's AWS, the world's biggest cloud computing outfit, is making a major push to...
Artificial Intelligence
SoftBank to back AI startup Perplexity at $3 billion valuation
SoftBank's AI investments, especially in Perplexity AI at $3 billion, signify a strategic shift...
Artificial Intelligence
Artificial intelligence firms lead Chinese shares higher
China's CSI AI Index jumped 3.7%, as domestic AI companies moved swiftly to attract...
Artificial Intelligence
Hollywood workers union reaches pay, AI use deal with top studios
The union said the terms of the agreement include scale rate increases of 7%,...
Artificial Intelligence
Cash strapped Stability AI raises $80 million with new CEO and board
According to a person familiar with the matter, Stability AI has raised about $80...
Artificial Intelligence
OpenAI delays rolling out its 'Voice Mode' to July
OpenAI delays Voice Mode feature release to July, introducing new video and screen-sharing capabilities...
Artificial Intelligence
AI PC demand to pick up from 2025 once use cases emerge
The demand for AI laptops and desktops in India is projected to increase in...
Artificial Intelligence
AI startup EvolutionaryScale raises $142 million to advance tech in biology
Calling it a "ChatGPT moment for biology," Lux Capital cofounder and managing partner Josh...
Latest articles
Startups
Zepto is hyperlocal Walmart of India, will focus on top 40 cities: CEO Aadit Palicha
Zepto, a quick commerce platform in India, raised $665 million in funding, valuing the...
Startups
Inside the rise and fall of Indian Twitter rival Koo
Koo, the Indian social media platform aiming to rival Twitter, has closed down due...
Information Tech (IT)
Hemant Lamba resigns as Infosys Executive VP
In his resignation letter marked to Infosys CEO Salil Parekh, Lamba wrote: "I am...
Information Tech (IT)
Glean Technologies sets up India office, to invest up to $50 million
US-based Glean Technologies, which offers AI assistant platforms for businesses, has chosen to set...