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Symbolica has created a framework that will enable it to develop alternatives to the "transformer" deep learning architecture, said Symbolica CEO George Morgan.
BharatPe restructured senior management, appointing Sandeep Indurkar as CEO of payment vertical for Resilient Payments Pvt Ltd. Rijish Raghavan now handles device business, and Kohinoor Biswas leads Zillion, achieving operational profit in October 2023.
Freo joins the likes of Navi, Fibe and Kreditbee in profitability, reports positive cash flow over the last four months. They target various consumer segments with innovative financial services, ensuring sustainable business growth and asset quality.
Alibaba Cloud reduces prices up to 59% for offshore data center products to attract AI developers. Services like computing, storage, and network see a 23% average reduction, aligning with previous efforts to lure developers.
Wipro and LTIMindtree navigate leadership changes. Nachiket Deshpande and Sudhir Chaturvedi are key contenders for LTIMindtree's CEO role. The succession aims at sustaining growth and stability, with an eye on expanding LTIMindtree's market presence.