Apple in talks to hitch OpenAI funding spherical, report says

Apple is in talks to spend money on OpenAI as a part of a brand new fundraising spherical that might worth the ChatGPT maker above $100 billion, Wall Road Journal reported on Thursday, citing individuals accustomed to the matter. The information comes a day after the Journal reported that venture-capital agency Thrive Capital would make … Read more

ServiceNow ventures arm invests in Prodapt

American software program main ServiceNow has introduced a strategic funding in US and Chennai-based Prodapt, a supplier of digital and community providers for the telecom and expertise industries.  The funding is thru ServiceNow’s Ecosystem Ventures arm, which has dedicated $150 million to put money into companions, and is the primary telco-focused funding from the platform. … Read more

KVS Manian appointed MD & CEO of Federal Financial institution

KVS Manian has been appointed because the Managing Director & Chief Govt Officer of Federal Financial institution with impact from September 23, 2024. The present MD Shyam Srinivasan will step down from the place after a 14 12 months stint on the high. The Reserve Financial institution of India has permitted Manian’s appointment. Manian was … Read more

IISR’s Golden Milk Combine expertise baggage ICAR finest expertise award

The ICAR-Indian Institute of Spices Analysis has obtained the very best expertise award for its work in horticulture sciences. The institute obtained the awards through the 96th ICAR Basis Day Celebrations held in New Delhi. The expertise, titled ‘Course of for fast soluble turmeric enriched spice flavoured dairy milk powder’ has been acknowledged among the … Read more

Regardless of funding crunch, India’s deeptech start-ups has grown 2x since 2022

India is now house to greater than 3,600 deeptech start-ups, with over 480 being established in CY2023, 2X increased than the quantity established in 2022, in response to a brand new report by Nasscom. Of those 480 start-ups launched in 2023, over 100 are creative deeptech corporations which have developed mental property or modern options … Read more

Digital twin adoption in India doubles post-pandemic: Report

India has seen a twofold improve in digital twin implementations publish the pandemic, in accordance with a report by Dassault Systèmes and Nasscom. Digital twin adoption in India might play a vital position in accelerating the design-to-realisation course of, serving to organisations obtain their sustainability and circularity objectives throughout the worth chain, the report said. … Read more

Asus bets huge on India’s private pc market

India’s private pc (PC) market, is healthier than the remainder of the world, and low penetration stage of the units, gives a great development alternative for the Taiwanese tech main Asus, senior firm officers have stated. Additionally learn:Asus has the best younger gen customers in India The Taiwanese PC maker, has seen constructive development, within … Read more

Honeywell plans to introduce sector-specific merchandise below Impression model

Engineering and know-how firm Honeywell plans to introduce sector-specific merchandise below Impression model, which caters to the Ministry of Micro, Small and Medium Enterprises(MSME) phase, in a bid to have focussed options for the various market, mentioned Ashish Modi, President, Honeywell India. Impression by Honeywell is a model created for the rising mid-segment in India. … Read more

Deep tech startup coverage doubtless in forthcoming Price range

The Commerce and Trade Ministry, might suggest a devoted coverage for deep tech startups to advertise innovation, for the forthcoming Price range to be introduced by the brand new authorities, an official mentioned. Additionally learn:90% of corporations plan to spice up investments in key digital tech areas in 2024: Report Voting for the Lok Sabha … Read more