The Economic Time
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Samsung Medison buys AI software firm Sonio SAS for $92 million
Samsung Electronics owns 68.45% stake in Samsung Medison, a medical device company specialising in diagnostic imaging devices.
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FTX files amended reorganization plan, expects $14.5 billion-$16.3 billion for distribution
FTX said it has anticipated the figure based on monetizing assets, most of which were investments owned by Alameda Research, a crypto-focused hedge...
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Paytm’s lending biz in trouble; inside Tata Digital’s top-level churn
Happy Wednesday! Paytm’s lending business has hit a roadblock as partner NBFCs have stopped issuing loans. This and more in today’s ETtech Morning...
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India to become AI use case capital of the world: Nandan Nilekani
Nandan Nilekani's People+ai introduces 'Adbhut India' and OCC project, emphasizing frugal AI innovation in India. The initiatives aim to leverage...
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Startups unveil LLM for BFSI sector, AI model for creating ‘Indian’ images, personal AI server and more
Indian AI startups introduced innovative AI models and products at Adbhut India. The event highlighted diverse applications, including large...
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Apple unveils new AI-focused chip in iPad Pro upgrade
Apple introduces M4 chip in iPad Pro for AI tasks, focusing on AI integration. New iPad Air models with M2 chip. Analysts highlight importance of...
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LTIMindtree, IBM collaborate to set up GenAI Centre of Excellence for India
LTIMindtree and IBM launch a Generative AI Center of Excellence in India to develop AI solutions, combining data expertise and watsonx technology,...
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Drone-based agritech startup BharatRohan raises $2 million
BharatRohan, a startup, raised $2.3 million pre-IPO for developing advanced drones for crop monitoring. The fund will expand services nationwide,...
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Microsoft hit with Spanish startups' complaint about cloud practices
The US tech giant ranks second in the cloud computing sector, behind market leader Amazon but is expected to close the gap rapidly as a clutch of...
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Happiest Minds Tech Q4 profit jumps 25%, revenues up 10%
Happiest Minds executive chairman Ashok Soota said the company is on track for its longterm vision of $1 billion revenue in FY31, thanks to its new...