Page 117 - Data Science For News Today

The shutdown comes amid several layoffs and closures in the online real money gaming sector, which followed the imposition of a 28% goods and services tax (GST) on the sector.

“In recent months, there have been several fake news items propagated via social media apps and on various web pages available on the internet claiming that I have endorsed or invested in automated trading applications… named BTC AI Evex, British Bitcoin Profit, Bit Lyte Sync, Immediate Momentum, Capitalix Ventures etc,” Murthy said in a three-post clarification on microblogging website X (formerly Twitter).

​Existing investors like Lightspeed, YourNest VC, 3one4 Capital, AdvantEdge VC and the family office of Pawan Munjal, executive chairman, Hero MotoCorp, also participated, as did TDK Ventures, a new investor.

Managing partner Thiyagarajan Maruthavanan said a lot of the consolidation and acquisitions will broadly be enabled by networks built out by past investors in 2024, with SaaS getting increasingly crowded and commoditised.

The Bengaluru-based startup will use the proceeds to boost growth of plasma products. It is also expected to use the corpus to expand its presence internationally, develop products and fund working capital requirements.

To help people and businesses to make day-to-day delivery of their packages faster, inDrive has expanded the delivery services to Chennai, Mumbai, Surat and Ahmedabad, the company said in a statement.

Intel on Thursday said that dozens of personal computer makers are using its newest chip, as the company and its customers try to entice consumers to upgrade their machines for a new era of chatbots.

01.AI drew recognition in the open-source LLM community in November, when its Yi-34B model became the first Chinese LLM to top the leaderboard of Huggingface, a platform for tech firms to share LLMs, which then get rated for performance and popularity.

The tech giant is planning to turn the occasion into a mega show as it tries to improve on the employee attendance at its campuses after its partial withdrawal of work-from-home (WfH) concession. It resumed the annual fest from last year after a break due to the Covid-19 pandemic.

In September, the electric scooter maker had raised Rs 900 crore in fresh funding from Hero MotoCorp and GIC. Prior to that, Hero had partially led a $128-million fundraise into Ather in January 2022.