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March 12, 2024
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.
March 12, 2024
The first version of ‘Hanooman, an artificial intelligence model that can generate both text and speech in several Indian languages, is scheduled to be released in late March.
March 12, 2024
Quorum Club was founded in 2018 by Vivek Narain and his wife Sonya Jehan. It runs three brands—Quorum, a subscription-based members-only club, District 150, a meetings and events space, and Business Quarter, a coworking space.
March 12, 2024
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.
March 12, 2024
Trump reiterated his concerns as lawmakers weigh a bill this week that would give TikToks Chinese owner ByteDance about six months to divest the short video app used by 170 million Americans.
March 12, 2024
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%.
March 12, 2024
Oracle beat profit estimates, partnering with Nvidia, targeting supercomputers. It aims to reinvent as a cloud-computing provider, offering cheaper services through subscription plans and expanding cloud datacenters. Revenue growth is strong.
March 12, 2024
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.
March 12, 2024
Among the Big Five, Tata Consultancy Services (TCS) and HCLTech have enriched the loyalists, literally. The other three - Infosys, Wipro and Tech Mahindra (TechM) – havent yielded anything for those sticking with them since April 2022.
March 12, 2024
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.