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Bimaplan is an embedded insurance startup that works with financial services companies and ecommerce platforms, helping them with the capability to distribute insurance products to their customers.

China-based Pico held an internal meeting on Tuesday announcing the unit would keep its hardware team, but much of its software team would be folded back into ByteDances own product development team, the people told Reuters on condition of anonymity because they were not authorised to speak publicly.

Investment a mix of primary and secondary share sales; logistics company to conduct Esop buyback.

The companys initial public offering (IPO) was subscribed 7.6 times the shares on offer, primarily by qualified institutional buyers (QIBs). The retail portion of the issue was also subscribed 1.36 times.

In his new, expanded role, Kothari will work closely with company founder and chief executive Harshil Mathur to develop and implement strategies to improve its overall performance.

Telecom, medicine and ad-tech are among sectors facing the threat of AI hallucinations that can cause bias to set into the model, making the decision-making process flawed.

Activities involving data and artificial intelligence (AI) were the groups "fastest" growing over the quarter, with more than 100 projects in the pipeline, the company said, noting for example the deployment of generative AI technology for French train maker Alstom.

Experts say with technologies like generative AI, the menace of deep fakes is only going to get worse. There has been a 10-fold increase in complaints related to morphed images or deep nudes created through advanced tools, cyber experts had told ET in August.

Experts at Nasscom Future Forge conclave on Tuesday, said that India needs its own contextual language model. Experts also proposed certain standards for what will make a language model Indian.

Meta publicly disclosed the decision in updates posted to its help center on Monday night, following publication of this story. Its advertising standards prohibit ads with content that have been debunked by the companys fact-checking partners but do not have any rules specifically on AI.