Internet Start-ups
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Microsoft-Backed OpenAI Acquires Start-Up Global Illumination to Work on ChatGPT, Other Core Products
OpenAI said on Wednesday it had acquired digital products company Global Illumination, in what comes as the first known acquisition by the storied artificial intelligence firm. Financial details of the deal were not disclosed.
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Adobe, Figma $20 Billion Deal to Face Full-Scale EU Antitrust Probe After Preliminary Review
Adobe's $20 billion (roughly Rs. 1,63,400 crore) bid for cloud-based designer platform Figma will reportedly face a full-scale EU antitrust investigation following EU regulators' preliminary review. The move underscores antitrust watchdogs' wariness of tech deals where bigger companies may acquire rival start-ups to shut them down.
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Meta to Release Open Source AI Model, Llama, to Compete Against OpenAI, Google’s Bard
Meta is releasing a commercial version of its open-source artificial intelligence model Llama, the company said on Tuesday, giving start-ups and other businesses a powerful free-of-charge alternative to pricey proprietary models sold by OpenAI and Google.
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"Start With...": Internet's Hilarious Response To Start-Up Investor's Tweet About Bengaluru Tour
Stellaris Venture Partners co-founder Ritesh Banglani recently asked his Twitter followers for suggestions as to where he could take a friend of his on a "techbro tour of Bangalore".
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Zoom Invests in AI Startup Anthropic; Will Integrate AI Technology in Its Video Conferencing App
Zoom Video Communications said on Tuesday it has invested an undisclosed sum in Anthropic and will integrate the artificial intelligence start-up's technology into its video-conferencing platform.
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MoS IT Rajeev Chandrasekhar to Meet Indian Startups to Assess Impact of Silicon Valley Bank's Collapse
ndia's state minister for technology said on Sunday he will meet start-ups this week to assess the impact on them of Silicon Valley Bank's collapse, as concerns rise about the fallout for the Indian start-up sector. "Start-ups are an important part of the new India economy. I will meet with Indian Startups this week to understand impact on them and...
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Spotify Needs to Profit From a Music Revolution
Spotify has never turned an annual profit; it seems to be in “perennial start-up mode,” as music royalties expert Phil Bird recently put it. The firm seems to be pursuing an alternative course, disrupting its own core product by folding into a new kind of tech offering pitched as the “Spotify machine” to investors. Here's why Spotify needs ...
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IAMAI Hails 'Industry Friendly' Draft Digital Personal Data Protection Bill
The Internet and Mobile Association of India (IAMAI) on Monday hailed the draft Digital Personal Data Protection Bill, 2022 while stating that it had struck the right balance between protecting the interests of the data principals while leaving enough room for tech start-ups to innovate and grow. The industry body also expressed concerns over 'ambi...
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Start-Up That Took On Facebook Plans To Go International
A Vietnamese internet startup that's successfully defended its home market of 100 million people against global giants like Facebook is now going into attack mode.
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Photo Of Start-Up Offering 'Funeral Service' Goes Viral, Internet Divided
The company, Sukhant Funeral Management Private Limited, is based in Mumbai and offers many services.
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Microsoft-Backed OpenAI Acquires Start-Up Global Illumination to Work on ChatGPT, Other Core Products
OpenAI said on Wednesday it had acquired digital products company Global Illumination, in what comes as the first known acquisition by the storied artificial intelligence firm. Financial details of the deal were not disclosed.
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Adobe, Figma $20 Billion Deal to Face Full-Scale EU Antitrust Probe After Preliminary Review
Adobe's $20 billion (roughly Rs. 1,63,400 crore) bid for cloud-based designer platform Figma will reportedly face a full-scale EU antitrust investigation following EU regulators' preliminary review. The move underscores antitrust watchdogs' wariness of tech deals where bigger companies may acquire rival start-ups to shut them down.
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Meta to Release Open Source AI Model, Llama, to Compete Against OpenAI, Google’s Bard
Meta is releasing a commercial version of its open-source artificial intelligence model Llama, the company said on Tuesday, giving start-ups and other businesses a powerful free-of-charge alternative to pricey proprietary models sold by OpenAI and Google.
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"Start With...": Internet's Hilarious Response To Start-Up Investor's Tweet About Bengaluru Tour
Stellaris Venture Partners co-founder Ritesh Banglani recently asked his Twitter followers for suggestions as to where he could take a friend of his on a "techbro tour of Bangalore".
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Zoom Invests in AI Startup Anthropic; Will Integrate AI Technology in Its Video Conferencing App
Zoom Video Communications said on Tuesday it has invested an undisclosed sum in Anthropic and will integrate the artificial intelligence start-up's technology into its video-conferencing platform.
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MoS IT Rajeev Chandrasekhar to Meet Indian Startups to Assess Impact of Silicon Valley Bank's Collapse
ndia's state minister for technology said on Sunday he will meet start-ups this week to assess the impact on them of Silicon Valley Bank's collapse, as concerns rise about the fallout for the Indian start-up sector. "Start-ups are an important part of the new India economy. I will meet with Indian Startups this week to understand impact on them and...
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Spotify Needs to Profit From a Music Revolution
Spotify has never turned an annual profit; it seems to be in “perennial start-up mode,” as music royalties expert Phil Bird recently put it. The firm seems to be pursuing an alternative course, disrupting its own core product by folding into a new kind of tech offering pitched as the “Spotify machine” to investors. Here's why Spotify needs ...
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IAMAI Hails 'Industry Friendly' Draft Digital Personal Data Protection Bill
The Internet and Mobile Association of India (IAMAI) on Monday hailed the draft Digital Personal Data Protection Bill, 2022 while stating that it had struck the right balance between protecting the interests of the data principals while leaving enough room for tech start-ups to innovate and grow. The industry body also expressed concerns over 'ambi...
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Start-Up That Took On Facebook Plans To Go International
A Vietnamese internet startup that's successfully defended its home market of 100 million people against global giants like Facebook is now going into attack mode.
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Photo Of Start-Up Offering 'Funeral Service' Goes Viral, Internet Divided
The company, Sukhant Funeral Management Private Limited, is based in Mumbai and offers many services.
