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Indian CEOs prioritise tech investments, including towards AI: report
Sci - Tech

Indian CEOs prioritise tech investments, including towards AI: report

New Delhi, June 21: Indian CEOs are prioritising technology investment, including artificial intelligence (AI) but stay guarded amid data security challenges, according to a report. Around 70 per cent of CEOs are channeling investments into technology, including AI, to catalyse growth and enhance...
Space startups up 200X in just 2 years, India
Sci - Tech

Space startups up 200X in just 2 years, India's share in global space to rise 4X...

New Delhi, June 21: There has been a massive 200 times increase in the number of space startups in the last two years owing to the major policy decision taken by Prime Minister Narendra Modi to open up the space sector, Union Minister of State (Independent Charge) for Science and Technology and...
Blinkit
Sci - Tech

Blinkit's rival Zepto raises $665 mn at a $3.6 bn valuation, to go public soon

Mumbai, June 21: Quick delivery platform and Blinkit’s rival Zepto on Friday said it had raised $665 million at a $3.6 billion valuation in a highly over subscribed round just nine months after the company raised $235 million at a $1.4 billion valuation. Avenir, Light speed and Avra (Anu Hariharan’s...
Former OpenAI Co-founder Ilya Sutskever launches new AI company
Sci - Tech

Former OpenAI Co-founder Ilya Sutskever launches new AI company

San Francisco, June 20: Ilya Sutskever, one of the co-founders of AI company OpenAI, has launched a new firm called Safe Superintelligence Inc (SSI), just a month after leaving the ChatGPT maker. Sutskever, along with Jan Leike, who co-led OpenAI’s 'Super Alignment' team, left the Sam Altman-run...
Samsung unveils industry’s first AI hybrid fridge using ‘Peltier’ modules
Sci - Tech

Samsung unveils industry’s first AI hybrid fridge using ‘Peltier’ modules

Seoul, June 20: Samsung Electronics on Thursday unveiled the industry's first hybrid refrigerator using semiconductor elements and artificial intelligence (AI) to improve energy efficiency and performance. The new Bespoke AI Hybrid Refrigerator adopts a hybrid cooling method that combines Peltier...
Mirae Asset Mutual Fund launches India’s 1st EV exchange-traded fund
Sci - Tech

Mirae Asset Mutual Fund launches India’s 1st EV exchange-traded fund

Mumbai, June 20: Mirae Asset Investment Managers (India) on Thursday launched India’s first exchange-traded fund (ETF) focused on the electric vehicles (EV) and new-age automotive segment, after the National Stock Exchange (NSE) launched a new Nifty EV index last month. The New Fund Offer (NFO) for...
AI platform OrbitShift raises $7 million to expand product footprint
Sci - Tech

AI platform OrbitShift raises $7 million to expand product footprint

New Delhi, June 20: AI-native sales operating system OrbitShift on Thursday said it has raised $7 million in seed funding led by Peak XV’s Surge and Stellaris Venture Partners. OrbitShift said it plans to leverage the funding to expand its customer base and continue building for its customers....
Crypto exchange Binance to pay Rs 18.82 cr fine to restart India operations
Sci - Tech

Crypto exchange Binance to pay Rs 18.82 cr fine to restart India operations

New Delhi, June 20: Leading blockchain and cryptocurrency platform Binance will be required to pay Rs 18.82 crore fine to restart operations in India. The Financial Intelligence Unit (FIU) has imposed this penalty on the company for operating in the country in violation of domestic anti-money...
HP brings next-gen AI PCs to India for businesses, creators
Sci - Tech

HP brings next-gen AI PCs to India for businesses, creators

New Delhi, June 19: PC and printer major HP Inc on Wednesday announced the pre-booking of its next-generation AI PCs in India for businesses, creators and retail customers. HP EliteBook Ultra and HP OmniBook X laptops can be booked either through HP partners or via the HP online store, the company...
CDS releases Joint Doctrine for Cyberspace Operations
Sci - Tech

CDS releases Joint Doctrine for Cyberspace Operations

New Delhi, June 19: Chief of Defence Staff (CDS), Gen Anil Chauhan released the Joint Doctrine for Cyberspace Operations, which will guide commanders in conducting such operations in today's complex military operating environment, at the Chiefs of Staff Committee meeting held here on Tuesday, a...
PhonePe Payment Gateway launches referral programme
Sci - Tech

PhonePe Payment Gateway launches referral programme

New Delhi, June 19: The PhonePe Payment Gateway (PG) has announced the launch of its referral programme 'PhonePe PG Partner Programme', which is designed for anyone helping a business grow online.As a referral partner, they can refer their clients to accept online payments from their customers and...
India stems wealth exodus amid robust economic development: Report
Sci - Tech

India stems wealth exodus amid robust economic development: Report

New Delhi, June 19: Buoyed by overall economic development, India has stemmed its wealth exodus, with just 4,300 millionaires projected to leave the country in 2024 compared to 5,100 last year, a new report has projected. India is seeing high net out flows because of the success of its sizeable...
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