India holds significant potential for AI-driven productivity gains, with a lower risk of job disruption compared to other nations. According to a government official, Indian businesses are prioritizing AI for enterprise purposes over entertainment. A new agenda aims to accelerate…
Merchant payments firm Pine Labs has secured Rs 1,753 crore from investors in its anchor placement round. This funding is part of its larger IPO plan to raise Rs 3,900 crore. The company is targeting a post-money valuation of $2.9…
TVS Motor Company is selling its stake in Rapido. Venture capital firm Accel and investor Prosus will acquire shares for Rs 288 crore. This move comes as Rapido is reportedly closing a larger funding round. Swiggy is also divesting its…
This includes 10,000 startups beyond Bengaluru to promote equitable growth in the state. The state’s IT-BT minister, Priyank Kharge, said that the policy will empower impact-driven business models, boost social entrepreneurship and promote inclusive growth in the state.
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. How conspiracy theories infiltrated the doctor’s office As anyone who has googled their symptoms and convinced themselves that…
Coding with large language models (LLMs) holds huge promise, but it also exposes some long-standing flaws in software: code that’s messy, hard to change safely, and often opaque about what’s really happening under the hood. Researchers at MIT’s Computer Science…
Picture it: I’m minding my business at a party, parked by the snack table (of course). A friend of a friend wanders up, and we strike up a conversation. It quickly turns to work, and upon learning that I’m a…
The US- and UK-based company Quantinuum today unveiled Helios, its third-generation quantum computer, which includes expanded computing power and error correction capability. Like all other existing quantum computers, Helios is not powerful enough to execute the industry’s dream money-making algorithms,…
Artificial intelligence (AI) startup Perplexity termed the lawsuit brought by Amazon against its agentic shopping tool a “threat to all internet users.” The online retail giant has approached the US District Court for the northern district of California to prohibit…
As part of the programme, Lenskart will make its AI and camera technology available to consumer apps and platforms such as Zomato, Swiggy, and BookMyShow, along with Indian developers, to enable integration across categories. Lenskart’s smartglasses allow users to capture…