News and Trends
OpenAI Set to Enter Search Engine Game: to Rival Google and Perplexity
On May 2, Sam Altman, CEO, OpenAI posted on X, "Search (dot) ChatGPT (dot) com May 9th."
AI Startup Atlan Raises USD 105 Mn in Series C Round Led by GIC and Meritech Capital
Existing investors Salesforce Ventures and Peak XV Partners also participated in the capital round, increasing Atlan's total fundraising to almost USD 206 million.
"90% of World's Top 500 VCs Operate in Bangalore"
Among all the sectors in the ecosystem, deep tech is standing out
Employers Say They Want to Hire Candidates With AI Skills, But Employees Are Still Sneaking AI Tool Use in the Office
A new joint report from LinkedIn and its parent company Microsoft revealed the contradictory state of AI at work.
The Owners of Marilyn Monroe's Last Los Angeles Home Are Suing the City So They Can Demolish the House
The couple purchased the property in July 2023.
Bankrupt Crypto Firm FTX Is Going to Pay Customers Back in Full — Plus Interest
A majority of customers would get at least 118% of their money back under a proposed plan, as the company now has up to $16.3 billion in cash to use.
Sylvester Stallone Is Auctioning His Rare Watch Collection — Here's a Look at the Timepieces Worth Millions
The actor's Patek Philippe Grandmaster Chime is the first of its kind to be auctioned.
TikTok Sues U.S. to Block Ban, Sale Mandate, Says Divesting From ByteDance 'Not Possible'
TikTok has less than a year to separate from Beijing-based ByteDance or face a U.S. ban.
'American Consumers Are the Long-Term Losers': Spirit Airlines CEO Shares Harrowing Outlook on Aviation Industry
Spirit CEO Ted Christie commented on the company's failed JetBlue merger in its Q1 2024 earnings call.
Stop Thinking Your Expensive Watch Is an Investment, Says Rolex Boss
"We make products, not investments," Rolex CEO Jean-Frédéric Dufour told a Swiss newspaper.
EMotorad Announces World's Biggest E-Cycle Gigafactory In Pune
Phase one concentrates on giga component production, while later phases will enhance mechanical components in-house manufacturing capabilities.
Parseable, BharatRohan, Cornext, and Others Pick Early-Stage Funding
Here are the Indian startups that announced early-stage funding rounds.
DG Innovate, EVage Motors Partner To Manufacture Electric Motor With 98.5% Efficiency
EVage will offer far more efficient electric trucks, resulting in a reduced cost of ownership for fleet owners, with an average range increase of 5-7% on the same charge.
How April Was a Turnaround Month For Top Selling PVs In India
Passenger vehicles sales were supported by enhanced model availability and favorable market sentiments, particularly around festival season, said FADA
Client Associates and InCred Alternative Investments Announce First Close of Their Maiden Funds
Wealth management firm Client Associates has raised about INR 300 crore, and InCred Alternative Investments secured over INR 330 crore in the first close of their maiden funds.