TECHNOLOGY
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Ola Cabs CEO Hemant Bakshi resigns; company to layoff 200 employees
Ola Cabs' CEO Bakshi leaves, team cut pre-IPO. Ola Electric awaits Sebi nod. ANI profitable in FY23. Bakshi notes Ebitda turnaround, Rs 66 crore loss.
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Financial Times, OpenAI sign content licensing partnership
The agreement will enhance OpenAI's generative AI chatbot ChatGPT with attributed FT content, and the firms will collaborate on developing new AI...
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Cross-border payments platform BriskPe raises $5 million seed funding from PayU
Fintech Briskpe will use the capital to strengthen its product and service offerings, build up its team, and scale its reach to enable more Indian...
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OpenAI's ChatGPT targeted in Austrian privacy complaint
ChatGPT, which kickstarted the GenAI boom in late 2022, can mimic human conversation and perform tasks such as creating summaries of long text,...
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Friends from the old neighborhood turn rivals in Big Tech's AI race
Microsoft's push into artificial intelligence with its partner, OpenAI, the maker of ChatGPT, has rattled Google. The two companies are now...
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In race to build AI, tech plans a big plumbing upgrade
Companies from Amazon to Meta are revamping their data centers to support AI. They are investing in huge new facilities, while even places like...
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Sales glut, sweat and tears: For ecommerce, heat wrings out the worst of worries
Temperatures a health hazard, erode delivery teams; companies struggle to meet summer demand. Experts say extreme weather conditions will continue...
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Startups in India grew over 300 times in ten years: Union Minister Jitendra Singh
India's startup ecosystem flourished under PM Modi's leadership, with significant advancements in space research and economic growth. The country...