Page 11 - Data Science For News Today

Agilitas Sports acquires Lotto India licence for a 40-year period. Partnership with WHP Global to expand Lotto brand in India, South Asia, and Australia. Focus on value and premium quality.

Cred has received in-principle approval from the RBI for the payment aggregation business. Once the final approval is granted, Cred can expand its merchant payments business. Read more about this development in the fintech industry.

The funding was a mix of equity and debt from existing investors. Ecozen has grown fivefold over the past two years, with a 3x increase in profit, the company said. The maker of solar powered cold storage room and pump controllers aims to double its revenue in 2024-25.

Apples bid to settle the four-year investigation would help it dodge a finding of wrongdoing and stave off a potential hefty fine that could be as much as 10% of its global annual turnover.

OpenAI has initiated hiring in India to influence early AI regulations, appointing a government relations head to lead public policy affairs. Learn more about OpenAIs strategic move in India.

Learn about the challenges faced by the first major attempts to regulate AI decision making. Understand the tug-of-war between lawmakers, civil rights-oriented groups, and the industry in proposed AI legislation.

Aurionpro Solutions to acquire banking and insurance focused startup Arya.ai for $16.5 million. The acquisition will enhance business offerings by leveraging Arya.ais capabilities in enterprise AI and expanding geographical footprint.

Northrop Grumman and SpaceX are partnering on a classified spy satellite project to improve U.S. government tracking capabilities. The collaboration involves high-resolution imagery of Earth captured by Northrop Grumman sensors on SpaceX satellites.

Veera, Indias browser, achieves 1 million users in a year with tailored content and ad blocking. Founder Arjun Ghose drives continuous innovation and user experience enhancement to revolutionize the internet browsing experience.

The Good Glam Group said it is working with a new organisational framework to rejig its operations, which led to the layoffs over the past 15 months. As a part of this restructuring, the Mumbai-based firm has also made certain elevations, including appointment of Manan Jain as group COO, Kartik Rao as group chief peoples officer, and Ashish Jadhav as group head of product.