Page 175 - Data Science For News Today

Revenue from operations for the Noida-based financial services company grew almost 32% from a year earlier and 7.5% from the previous quarter to Rs 2,518.6 crore.

The latest round of funding will help scale the companys experience store model across Tier II and III markets in India, as per a statement. These stores facilitate access to garment samples and catalogues for fashion retailers and wholesalers.

Investors in the round extension are Amazon.coms Alexa Fund and former Google CEO Eric Schmidt. In September, Imbue announced its Series B round of $200 million at a valuation of over $1 billion.

Meta and TikTok have been given a week by the European Commission to provide details on measures taken to counter the spread of terrorist, violent content and hate speech on their platforms, a week after Elon Musks X was told to do the same.

The artificial intelligence startup behind ChatGPT is negotiating the transaction, known as a tender offer, with potential investors, said the people, who asked not to be identified discussing confidential information. The firm hasnt finalized allocations and terms could still change, some of the people said.

Indias fourth-largest software company also gave a tepid outlook, citing an "uncertain" business environment.

Shareholders sued in 2018 after the companys stock fell on reports that Facebook was still allowing third parties to access user data, and that data from the Cambridge Analytica breach had been used in connection with Donald Trumps presidential campaign.

The announcement comes as rival messaging app Telegrams broadcast channels have assumed an outsized role in the conflict between Israel and Hamas, as the primary means that the Palestinian Islamist group uses to communicate with the world.

Google has announced several new AI-powered initiatives, partnerships, and investments in India. Google Pay (GPay) will now offer customised credit products from top lenders, while a new system called DigiKavach will detect and warn users about financial scams. Google is also collaborating with The Fintech Association for Consumer Empowerment (FACE) to take action against non-compliant loan apps.

Shivani Mohan, senior director, UX research, said Google is adding new capabilities to its generative AI experiment in Search, Search Generative Experience (SGE), in India by including images and videos.