OET is Ola Electric’s manufacturing and technology arm driving Ola’s EV ecosystem, from vehicle platforms to battery technology. It has secured approval from its board and shareholders to raise up to Rs 877.6 crore by issuing 87.76 crore preference shares…
Regulatory filings seen by ET show the four cofounders of Billionbrains Garage Ventures, Groww’s parent entity, increased their combined stake to 29.01% on a paid-up basis as on June 30, having raised it to 27.93% in 2024-25 from 23.89% in…
Startup’s CEO backs sovereign AI and says Comet agentic, not a tool. In discussions with PM Narendra Modi, the emphasis was on curiosity-driven use, not just ‘cheat codes’ for work, says the Chennai-born entrepreneur
In Seattle, a meteorologist analyzes dynamic atmospheric models to predict the next major storm system. In Stuttgart, an automotive engineer examines crash-test simulations for vehicle safety certification. And in Singapore, a financial analyst simulates portfolio stress tests to hedge against global economic shocks. Each of…
For all the excitement around GPUs—the workhorses of today’s AI revolution—the central processing unit (CPU) remains the backbone of high-performance computing (HPC). CPUs still handle 80% to 90% of HPC workloads globally, powering everything from climate modeling to semiconductor design.…
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. Scientists can see Earth’s permafrost thawing from space Something is rotten in the city of Nunapitchuk. In recent…
Something is rotten in the city of Nunapitchuk. In recent years, a crack has formed in the middle of a house. Sewage has leached into the earth. Soil has eroded around buildings, leaving them perched atop precarious lumps of dirt.…
On Thursday, I published a story about the police-tech giant Flock Safety selling its drones to the private sector to track shoplifters. Keith Kauffman, a former police chief who now leads Flock’s drone efforts, described the ideal scenario: A security…
In part 2 of our two-part series on generative artificial intelligence’s environmental impacts, MIT News explores some of the ways experts are working to reduce the technology’s carbon footprint. The energy demands of generative AI are expected to continue increasing dramatically over…
Happy Tuesday! Payment firms may have to weather storms in near term, but there may also be a silver lining. This and more in today’s ETtech Morning Dispatch.