Three points you will get to know in this article: Elon Musk’s xAI is swiftly introducing its innovative artificial intelligence (AI)-powered chatbot Grok AI to India and an additional 46 nations, encompassing Australia, Canada, Malaysia, New Zealand, and Singapore, among others. This expansion follows closely on the heels of the bot’s debut in the United States, happening within a mere…
Three points you will get to know in this article: Adverse weather conditions caused by cyclone Michaung have temporarily halted the production of Apple iPhones at the manufacturing plants near Chennai, operated by Taiwan’s Foxconn and Pegatron. This delay, resulting from heavy rainfall, has affected the city’s crucial electronics and manufacturing hub. The downpour has led to submerged cars and…
Three points you will get to know in this article: Corning Inc., the renowned US-based Gorilla Glass manufacturer and key Apple supplier, is set to make a significant investment of INR 1,000 Crores in establishing a cutting-edge manufacturing facility in Tamil Nadu. This strategic move is anticipated to serve as the company’s official debut in the Indian market. As reported…
Three points you will get to know in this article: Freshworks, a Software-as-a-Service (SaaS) company listed on Nasdaq, unveiled robust financial results on November 1st. During the third quarter of 2023, the company witnessed a remarkable 19% year-on-year surge in its consolidated revenue, reaching $153.6 million. This exceeded the company’s initial projections of $149-$151 million, a feat attributed to the…
Three points you will get to know in this article: On October 26, 2023, CEO Mark Zuckerberg enthusiastically shared the remarkable growth trajectory of Meta during an engaging analysts’ call. Within the expansive Meta family, encompassing Facebook, Instagram, and WhatsApp, India shines brightly as a key market. Zuckerberg revealed a fascinating statistic, indicating that more than 60 percent of WhatsApp…
Three points you will get to know in this article: • Reliance Jio Infocomm has introduced JioSpaceFibre, India’s first satellite-based giga-fibre service.• JioSpaceFibre aims to provide fast and reliable internet connectivity to remote and challenging-to-reach regions across India.• Jio Infocomm has partnered with SES to deliver satellite-based broadband services in India and has received approval to offer global mobile personal…
Three points you will get to know in this article: Giga ML, hailing from San Francisco and Bengaluru, recently secured $3.6 million in a seed funding round spearheaded by Nexus Venture Partners. Notably, this funding initiative garnered support from significant players such as Y Combinator, Liquid 2 Venture, 8vdx, and key angels including Garry Tan, President, and CEO of Y…
Three points you will get to know in this article: In the second quarter of the financial year 2023-24, Mumbai-based hyperlocal search engine, Justdial, demonstrated robust financial performance. The company achieved a noteworthy 37.5% surge in net profit, reaching INR 71.8 Cr, compared to the previous fiscal’s corresponding period where it stood at INR 52.2 Cr. Justdial’s operational revenue sustained…
Three points you will get to know in this article: Mohammad Ali bin Rashed Lootah, serving as the President and CEO of Dubai Chambers, is optimistic about the potential of Indian startups to play a significant role in realizing the UAE’s ambitious target of elevating the digital economy’s share in the country’s non-oil GDP to 20% over the next decade.According…
Three points you will get to know in this article: Several months back, Indian startups engaged in high-stakes public clashes with tech giants, vying for control of the Internet & Mobile Association of India (IAMAI). The local contenders even took search giant Google to court over its billing policy, sparking a metaphorical tug-of-war as they sought to assert their dominance.…
