VIDEO

VIDEO

CCI accuses Amazon, Flipkart of colluding with Samsung, Xiaomi for on-line exclusives

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Samsung, Xiaomi and different smartphone corporations colluded with Amazon and Walmart’s Flipkart to completely launch merchandise on the e-commerce companies’ Indian web sites in breach of antitrust legal guidelines, in line with regulatory stories seen by Reuters. Antitrust investigations carried out by the Competitors Fee of India (CCI) have discovered that Amazon and Flipkart violated … Read more

Polymatech to speculate $16 million in a brand new chip facility in Bahrain

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Polymatech Electronics Ltd, a semiconductor chip producer, has introduced plans to determine a brand new semiconductor manufacturing facility in Bahrain’s Industrial Space of Hidd, with an preliminary funding of $16 million. Additionally learn: Lam Analysis joins arms with 20 Indian universities to foster semiconductor expertise The brand new facility, to be branded as Atri, will … Read more

OpenAI’s gorgeous $150 billion valuation hinges on upending company construction, sources say

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OpenAI’s new financing spherical is anticipated to come back within the type of convertible notes, based on sources with direct information of the matter, who stated its $150 billion valuation will likely be contingent on whether or not the ChatGPT-maker can upend its company construction and take away a revenue cap for buyers. The small … Read more

Even Fb couldn’t compete with Google, Ex-Advert Chief says

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Meta Platforms Inc. entered right into a 2018 take care of Google after concluding internally that it couldn’t efficiently compete towards the search large, due to its monopoly over the know-how undergirding on-line show promoting, a former Fb promoting govt testified as a part of a US Justice Division antitrust trial. Brian Boland, who headed … Read more

Aprecomm and Netlink announce strategic partnership for enhanced buyer expertise 

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Aprecomm, the intuitive community and buyer expertise platform supplier introduced a strategic partnership with Netlink, one of many largest producers of broadband buyer premises tools (CPE) and a key provider to the Asian and African markets. The partnership settlement contains the mixing of Aprecomm’s software program throughout Netlink’s vary of broadband CPE gadgets, together with … Read more

AWS chooses 7 generative AI startups from India for world AWS Generative AI Accelerator

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Amazon Internet Providers (AWS) has chosen seven generative AI startups from India for the AWS International Generative AI Accelerator program. The chosen Indian startups— Convrse, Home of Fashions, Neural Storage, Orbo.ai, Phot.ai, Unscript AI, and Zocket, are among the many 80 firms chosen by AWS worldwide for his or her modern use of AI and … Read more

SMART Applied sciences eyes $50 million income in 3 years

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SMART Applied sciences, a Canadian agency identified for its interactive whiteboards, goals to realize a income of $50 million throughout the subsequent three years after its relaunch in India. To help this aim, the corporate is intensifying its concentrate on localisation, by organising manufacturing operations in India. Nicholas Svensson, President, CEO, of SMART Applied sciences, … Read more

Microsoft buys one other land in Pune for ₹453 crore

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Microsoft is increasing its footprint in Pune and has acquired a 16.4-acre land parcel for ₹453 crore, its second buy in simply over a month, based on knowledge from Sq. Yards. The land parcel can be situated in Hinjewadi, a distinguished IT hub not solely within the metropolis and state but additionally within the nation. … Read more

ZF LIFETEC opens GCC in Hyderabad

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ZF LIFETEC, a security expertise supplier for improved safety of car occupants, has inaugurated a worldwide functionality centre (GCC) right here on Thursday. The opening of the worldwide functionality centre is a part of ZF LIFETEC’s carve-out from the ZF Group. The method is anticipated to be accomplished by September-end. “The inauguration strengthens our international … Read more

Zendesk launches outcome-based pricing for AI brokers

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Zendesk, an organization that gives AI options for buyer expertise (CX), has launched outcome-based pricing for AI brokers. This new pricing mannequin straight aligns prices with the tangible worth delivered by AI, making certain companies solely pay for profitable and measurable resolutions.  Vasudeva Rao Munnaluri, RVP India & SAARC, Zendesk, informed businessline, “AI is disrupting … Read more