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May 30, 2024
This comes two weeks after Ola founder Bhavish Aggarwal snapped ties with Microsoft Azure after LinkedIn deleted his post related to "pronoun illness" of western AI models. Experts, however, say that losing Ola as a customer for AWS and Microsoft is only a needle in the haystack.
May 30, 2024
Meta found likely AI-generated content on Facebook and Instagram, including comments praising Israels handling of the Gaza war. The content was attributed to a Tel Aviv-based political marketing firm, STOIC.
May 30, 2024
Arm Holdings unveiled new chip blueprints and software tools to enhance smartphones for AI tasks, aiming to accelerate adoption with changes in blueprint delivery.
May 30, 2024
Campus Fund invests in startups run by students and offers mentorship and guidance on investing. The firm describes student founders as those who are currently students, or graduates and dropouts in the previous three years, with at least 25% equity in the company.
May 30, 2024
Apple CEO Tim Cook agrees to put Japans My Number ID functions on iPhones at the request of Japanese Prime Minister Kishida, aiming to integrate tax and social security data for administrative efficiency.
May 30, 2024
PhonePe, a Bengaluru based fintech major, has launched secured loan products in partnership with non-banking finance companies like Tata Capital and L&T Finance. The Walmart owned company is offering six credit products to its customers.
May 30, 2024
Oyo reported its first profitable fiscal year in 2023-24 with a net earning of nearly Rs 100 crore. Founder Ritesh Agarwal highlighted growth prospects in key markets like Nordics, South East Asia, US, and UK. Fitch Ratings upgraded Oyos credit rating, acknowledging its strong performance.
May 30, 2024
Awfis early trades on the NSE, had hit a high of Rs 451.45 apiece. Stock exchange data shows, Awfis IPO closed on May 27, receiving bids for more than 936.8 million shares against the 8.62 million shares on offer.
May 30, 2024
Agnikul official statement said, the vehicle was completely designed in-house and was powered by the worlds first single piece 3D printed engine which is also Indias first flight with a semicryo engine. The mission was successful after four failed attempts.
May 30, 2024
The Luxembourg-based Court of Justice of the European Union said, "A member state may not impose additional obligations on an online service provider established in another member state."