Topic
#india
2316 articles found
· 16 days ago· ET Tech
Stock trading startup Sahi secures $33 million from Accel, Elevation
Bengaluru's Sahi, a stock trading platform, has raised $33 million, valuing it at $200 million. The funds will fuel expansion into margin trade funding, commodities, and mutual funds. Founded in 2023, Sahi aims to disrupt the broking space, already boasting 400,000 demat accounts and processing 3% o
· 16 days ago· YourStory
Google’s AI Hub in Visakhapatnam; Building the missing pipeline for women founders
Google broke ground on an AI hub in Visakhapatnam, marking a pivotal step in India’s bid to build large-scale digital infrastructure to power its next phase of economic growth. Gurugram-based Rebalance supports women-led startups with mentorship, investor access, and no-fee, no-equity support.
· 16 days ago· ET Tech
Quick commerce firms face heat as riders stay off peak hours
Quick commerce firms are facing a shortage of delivery partners due to intense heatwaves. Companies are offering extra pay to keep riders working during peak heat hours. Demand for summer essentials like ice cream and fans is surging. Brands are increasing production and cold storage to meet this de
· 16 days ago· ET Tech
Sports-tech startup SportVot raises Rs 32.7 crore led by IAN Alpha Fund
Sports-tech firm SportVot has secured Rs 32.7 crore in a new funding round. The investment will fuel international expansion and enhance AI-led production and distribution. SportVot aims to make professional broadcasting accessible for all sports. The platform already streams over 500,000 matches gl
· 16 days ago· ET Tech
D2C apparel brand House of Chikankari raises Rs 25 crore from Cap Alpha Ventures
Delhi-based House of Chikankari has secured Rs 25 crore in Series A funding from Cap Alpha Ventures. The D2C fashion startup, specializing in traditional Lucknowi embroidery, plans to use the capital to expand its offline presence and product range. This follows a strategic delay in fundraising to s
· 16 days ago· ET Tech
India seeks fair access to Anthropic's Mythos for critical infrastructure security
India is actively pursuing access to Anthropic's powerful Mythos AI model. Discussions with the US administration aim to ensure equitable access for Indian companies. The government is prioritizing the protection of critical infrastructure like power grids and banking systems. This move is crucial a
· 16 days ago· ET Tech
Google starts building $15 billion AI data centre hub in Vizag
Google has started work on a massive $15 billion AI data centre hub in Visakhapatnam. This project, a significant foreign investment, will boost India's digital infrastructure. It includes substantial data centre capacity, subsea cables, and clean energy. The initiative aims to create jobs and stren
· 16 days ago· ET Tech
What to know about how a suspect in the killing of two Florida students used ChatGPT
In a disturbing twist to a double homicide investigation, prosecutors disclosed that the suspect sought advice from ChatGPT on disposing of bodies and weaponry. This revelation prompts critical discussions about the implications of AI technology in aiding criminal behavior. Authorities are now scrut
· 16 days ago· ET Tech
EU countries, lawmakers fail to reach deal on watered-down AI rules
European Union nations and Parliament members could not agree on updated artificial intelligence rules. Talks stalled after 12 hours. Negotiations will restart next month. Some countries wanted exemptions for industries already under regulation. This failure could benefit Big Tech. European companie
· 16 days ago· ET Tech
Elon Musk says OpenAI was his idea, before executives looted it
In a high-stakes courtroom drama, Elon Musk has launched a lawsuit against OpenAI and its executives, alleging that they've strayed from the altruistic vision that inspired the company's creation. Musk maintains that he established OpenAI as a nonprofit venture aimed at uplifting humanity.
· 16 days ago· ET Tech
Don't loot a charity: Musk takes stand against OpenAI
Billionaire Elon Musk took the stand Tuesday to accuse OpenAI and its boss Sam Altman of betraying the AI company's altruistic origins, in a trial that could have far-reaching consequences for the industry and oblige the ChatGPT maker to profoundly revamp its business. At the heart of the case is Mu
· 16 days ago· ET Tech
White House drafts guidance to bypass Anthropic's risk flag for new AI models: Report
The White House is developing guidance that could allow federal agencies to sidestep Anthropic's supply-chain risk designation and onboard new artificial intelligence models, including Mythos, Axios reported on Tuesday.
· 16 days ago· ET Tech
An experimental cafe run by AI opens in Stockholm
The avocado toasts and baristas making foamy lattes make it look like any other cafe, except at this one, located in a Stockholm residential neighbourhood, artificial intelligence (AI) is running the place. Once the premises were found, the lease, along with some starting capital, run the cafe profi
· 16 days ago· ET Tech
Australia moves to tax Meta, Google and TikTok to fund newsrooms
Australia plans to tax Meta, Google, and TikTok. This aims to fund news reporters. The government will introduce legislation by July 2. Platforms not striking deals will face a 2.25 per cent revenue tax. This initiative seeks to ensure investment in journalism for a healthy democracy. The government
· 16 days ago· ET Tech
US ends investigation into claims WhatsApp chats aren’t private
A US agency abruptly closed an investigation into claims that Meta Platforms can access encrypted WhatsApp messages. A Commerce Department investigator concluded Meta stores and views WhatsApp messages, but his agency shut down the probe shortly after he shared his findings with other federal offici
· 16 days ago· ET Tech
Google drops out of $100 million Pentagon drone swarm contest after advancing
Google abruptly withdrew from a $100 million Pentagon prize challenge for autonomous drone swarms after an internal ethics review. The company cited "resourcing" as the official reason for pulling out of the initiative, which aims to enable voice-controlled drone swarm operations. This decision foll
· 16 days ago· Livemint Technology
Apple confirms iOS Weather App outage: Is it working now? What we know
Apple's Weather app went down for iPhone users across the US on Tuesday, with the disruption lasting nearly four hours before engineers restored service.