China pushes to develop top AI microchips. Analysts state China will struggle to match Nvidia’s technical might this decade. US restrictions on advanced chips drive this effort. China needs progress in memory, packaging, software, and manufacturing tools. Industry experts predict…
Happy Monday! Stock-trading startup Dhan has raised $120 million at a unicorn valuation. This and more in today’s ETtech Morning Dispatch.
The fresh capital will be used to scale the company’s technology platform, expand its distribution and logistics network, and strengthen its non-banking financial company (NBFC) arm, which provides financing solutions to small and medium enterprises (MSMEs).
Magicpin aims to enrol 5 lakh students and corporate users on its new food delivery service, Inner Circle, by December. Launched in September, it has already attracted 1.5 lakh users. The service targets Gen Z and young professionals, offering affordable…
Indonesia has lifted its suspension of TikTok’s local operating licence after the social media platform shared data requested by the government about recent protests, the ministry of communication and digital affairs said. “Based on the fulfillment of those obligations, the…
The EU plans to launch a fresh strategy to boost locally developed AI platforms, aiming to compete with tech leaders like the US and China. Called the “Apply AI strategy”, the proposal encourages the use of European AI tools across…
Emily Blunt expressed alarm after learning that rising “actress” Tilly Norwood is actually AI. Speaking on a podcast, she called the development terrifying. Created to rival real stars like Scarlett Johansson, Tilly’s rise has triggered concern in Hollywood, where many…
India’s Arattai, a WhatsApp rival, added two million users but faces skepticism due to strong network effects. Experts believe only disruptive events or open, interoperable platforms, like the UPI model proposed by Arattai’s founder, can challenge incumbents. This strategy aims…
The project builds on quantum as a key pillar of the India-UK Technology Security Initiative (TSI), with a mission to cultivate healthier soil microbes and unlock new strategies for protecting crops in arid and climate-vulnerable regions.
OpenAI chief executive Sam Altman announced plans to share revenue with rightsholders on video generation to certain characters on Sora, if those rightsholders agree to let users generate content featuring their characters. The move aimed to build a legal and…