Page 17 - Tech Prowess News Today

As per DRHP, offer to include Rs 120 crore of fresh shares and OFS component of 66.67 million shares

San Francisco-based AI startup UnifyApps is aiming to expand its platform to support over 5,000 applications, advance the capabilities of generative AI and build large language model-powered agents.

This investment, a secondary transaction, facilitates a return of over 5X, via a strategic exit for Naveen Tiwari-founded InMobis Glance, which previously invested in Collective in 2021, as per a statement.

Burgan Bank, one of the youngest commercial banks in Kuwait with a regional network of over 160 branches and 360 ATMs, will use TCS BaNCS suite solutions, which will enable the bank to manage higher transaction volumes, enhance automation, and improve staff productivity.

Kulkarni is the younger brother of well-known writer and Rajya Sabha member Sudha Murty, and hails from Karnataka. He was born in Kurundwad, near Sangli in Maharashtra and studied at Hubballi.

His comments come as political parties are in the middle of the Lok Sabha election, with two more phases scheduled over the next ten days.

While the e-commerce giant is yet to nail down the price of the new services, a subscription to Alexa will not be included in its popular $139 annual Prime offering, the report said, citing people with knowledge of the companys plans.

According to the order, the company and its officers are liable for action for the failure to take necessary steps to identify the SBO in relation to the company.

Amazons cloud computing division AWS will invest 15.7 billion euros ($17 billion) to expand its data centres in Spains Aragon region through to 2033, the US tech giant said Wednesday. Amazon in 2021 had planned to invest 2.5 billion euros in Aragon, where it has three data centres.

Financial services companies such as Aditya Birla Capital, Angel One and Muthoot Fincorp are building superapps -- a one-stop applications for all their customers needs. This development comes as large groups such as Reliance Industries and Tata Group have already rolled out such superapps for everything from shopping to payments and credit under one roof.