Page 138 - Data Science News Today

The government is leaning towards imposing time limits as opposed to certifying games as permissible or non-permissible through self-regulatory organisations (SRO), an official at the IT ministry said.

This funding round will more than double ominchannel jewellery retailer Bluestones valuation from around $450 million in September 2023. Bengaluru-based Bluestones pre-IPO round is seeing interest from new and existing investors, encouraged by the Tata Groups CaratLane deal where Titan bought out the founders (Mithun Sacheti) stake last year.

Rising ninth and tenth grade students interested in the field of Data Science and Analytics or Engineering, Manufacturing and Electronics, are invited to participate in a free four-day Summer Institute

At least two companies – HCLTech and Birlasoft – have gone on record to say that from the usual 10-12 year deals earlier, long-term arrangements are now ending in four years. Earlier, the tenures ranged between 10-12 years.

Early-stage venture firm Sorin Investments, founded by veteran dealmaker and former KKR India CEO Sanjay Nayar, made the final close of its maiden fund at Rs 1,350 crore, sources told ET. Through this fund, Sorin will back startups looking to raise Series A funding.

Cathie Woods Ark Investment Management purchased a stake in xAI, Elon Musks AI startup valued at $24 billion, as reported by Bloomberg News.

Neuralink, Elon Musks brain-chip company, is conducting a study to evaluate its device for paralyzed patients to control digital devices through thoughts alone, facing criticism for lack of study information sharing.

B2B food supply platform FarMart raises Rs 24 crore from Switzerland-based asset manager ResponsAbility Investments for its SaaS software. Previous investors include General Catalyst and Matrix Partners India. The funding aims to reduce food loss and waste in India.

Former OpenAI board member Helen Toner revealed on a podcast the backstory behind the firing and rehiring of CEO Sam Altman, citing instances of psychological abuse and a toxic atmosphere at the company due to a manipulative executive.

A U.S. appeals court sets a fast-track schedule to consider challenges to a new law requiring ByteDance to divest TikToks U.S. assets by Jan. 19 or face a ban, joined by TikTok, ByteDance, and TikTok content creators.