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Nanonets: Workflow automation platform Nanonets raises $29 million led by Accel

The AI-based platform aims to use the funds for research and development to improve its algorithms, as well as for scaling its marketing and sales efforts. It offers automation solutions for businesses operating across various sectors.
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tesla: Tesla, rivals get low marks for automated-driving technology

Teslas Autopilot and other systems receive poor ratings from IIHS. No real-world safety benefits found. Automatic emergency braking systems reduce accidents. Tesla claims safety superiority. Federal regulators investigate Tesla accidents. IIHS evaluates systems and testing methodology. Genesis introduces driver monitoring. Teslas safety claims are questioned.
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Apple: Apple to let developers distribute apps directly from their sites

The European Unions Digital Markets Act (DMA), which kicked in last week, requires Apple to offer alternative app stores on iPhones and to allow developers to opt out of using its in-app payment system, which charges fees of up to 30%.
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volvo tech: Volvo invests in, taps Breathe Battery tech for 30% faster EV charging

Volvo Cars invests in Breathe Battery Technologies to reduce charging time by 30% in its EVs. Breathes software ensures full power charging without altering battery chemistry, addressing a major challenge for automakers. Breathes software provides visibility on individual cells, extending battery life.
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Drivers land better incentives in a crowded ride-hailing space

Rapido has introduced a subscription fee model for its driver partners on cabs and autos, doing away with the old structure of commissions on rides, while inDrive is offering commission rates of 10-12% to its drivers in India, less than half of leading players Uber and Olas 25-30% commission.
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