According to a renowned media outlet, OpenAI is purchasing io, a gadget firm that CEO Sam Altman and renowned Apple designer Jony Ive have been secretly working on for two years, in an all-equity deal valued at $6.5 billion. Ive and his design company, LoveFrom, will now oversee creative
Data Sutram, a B2B SaaS firm with a focus on Banking, Financial Services and Insurance (BFSI), has raised $9 million (about INR 77 crore) in Series A funding, headed by Lightspeed Venture Partners and B Capital. There were both primary and secondary agreements in the round. Rajit Bhattacharya, the founder
As Google I/O 2025 gets underway, CEO Sundar Pichai has made three significant announcements that are focused on the needs of consumers. These efforts, which are driven by Google's Gemini AI models, include Project Mariner, which updates agentic AI capabilities that can assist users in automating tasks.
Zepto, a leader in quick commerce, has introduced Atom, a new data analytics tool for consumer businesses that are listed on the site. Aadit Palicha, the CEO and co-founder of Zepto, stated in a video on X that the subscription-based service will allow marketers to learn more about behavioural data,
Amazon Web Services (AWS) and HUMAIN, the recently established Saudi business in charge of advancing AI innovation in the Kingdom and around the world, on 13 May revealed their intentions to invest more than $5 billion in a strategic cooperation to establish a ground-breaking "AI Zone" in the
In an effort to automate internal procedures and reduce repetitive work, IBM has started substituting AI agents for some of its HR (human resource) employees. As the internet giant increasingly relies on AI-powered solutions, Arvind Krishna, the company's CEO, recently claimed that "a couple hundred" HR
In response to recent worries about layoffs in its business process outsourcing (BPO) segment, Hexaware Technologies clarified that the cuts were not related to artificial intelligence (AI), as some media reports had claimed. The corporation clarified that the seasonality of its business activities was the main cause of the workforce
A group has apparently been established by the Centre to examine current copyright legislation in light of the growing number of issues pertaining to artificial intelligence (AI). According to a media report, the Union trade ministry last month formed a group consisting of eight specialists to investigate AI-related issues and
Chhattisgarh Chief Minister Vishnu Deo Sai laid the cornerstone for the nation's first artificial intelligence-based data centre park in Sector-22 of Nava Raipur on 3 May. The state-of-the-art complex, which spans 13.5 acres, is expected to put Chhattisgarh in the forefront of India's technical advancement.
For INR 16.9 Cr (about $2 Mn), the skilling startup FinX, which focuses on financial services, has purchased a 100% share in the Bombay Stock Exchange's training division, BSE Institute. According to a statement from FinX, the acquisition would allow the company to increase the number of
Previously, the update was only available to Android users. While announcing the news, Srinivas stated on X that anyone may ask it to play anything, including favourite music, podcasts, and difficult-to-find videos.
In its Firefly service, the San Jose, California-based company has been creating its own AI models since 2023 to produce photographs and video clips.
The glasses were first released in a few regions last year, but they are now being released in more nations, such as Mexico and the United Arab Emirates, with India likely to follow.
In order to enable goods, pricing, reviews, and a "Buy Now" option to display naturally within the chat interface, Shopify is testing a direct integration with the well-known AI chatbot.
Additionally, Docs now has a new "Help me refine" tool that Google claims functions similarly to a writing coach. With the help of this forthcoming feature, Google Docs will soon have the ability to generate audio.
The incident occurred while a developer was utilising Cursor AI to work on a racing game project. The incident has reignited the discussion about AI's place in human work.
S. Krishnan, secretary of the Ministry of Electronics and Information Technology (MeitY), stated that the Centre is allegedly planning to ratify Digital Personal Data Protection (DPDP) Act guidelines by April.
Google is also launching a significant improvement as part of its wider rollout: multimodal search capabilities driven by Google Lens and a customised version of its AI model, Gemini.
In his LinkedIn post, Hoffman highlighted the experiment's findings and expressed his surprise at the AI tool's capacity to produce a functional prototype.
Social media users have started posting pictures of AI-generated Aadhaar cards with their own photos on them, which is a concerning trend.
Users are introduced to absurd dating situations and they do not need to worry about what to say as AI covered it all.
On March 31, OpenAI announced that it has raised $40 billion in a fresh round of fundraising at a valuation of $300 billion. The San Francisco-based company stated in a post on its website that the funding "enables us to push the frontiers of AI research even further"
Apple eventually released iOS 18.4 for eligible iPhone models after a protracted delay and growing anticipation. Apple Intelligence capabilities, including writing tools, cleanup tools, visual intelligence, and more, are finally available in India with this latest iPhone upgrade. Thus, after a long time, Indian customers of the iPhone 15
JungleWorks has acquired Outplay, an AI-based SaaS firm, amid the world's rising adoption of AI. According to Laxman Papineni, cofounder and CEO of Outplay, the Florida-based SaaS company purchased the majority of the startup from other investors. JungleWorks was founded in 2011 and runs a no-code hyperlocal delivery