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US bans Russian company Kaspersky
Sci - Tech

US bans Russian company Kaspersky's software over security concerns

Washington, June 21:The US will ban the sale of antivirus software made by Moscow-based cybersecurity company Kaspersky. The company's operations in the US presented a national security risk "due to the Russian government's offensive cyber capabilities and capacity to influence or direct Kaspersky's...
EV startups from India, EU pitch innovative tech in battery recycling
Sci - Tech

EV startups from India, EU pitch innovative tech in battery recycling

New Delhi, June 21: In a bid to enhance the Electric Vehicle (EV) landscape and ecosystems in India and Europe, the India-European Union Trade and Technology Council (TTC) organised an event, featuring 12 high impact startups in battery recycling technologies for EVs. An independent committee of...
Indian CEOs prioritise tech investments, including towards AI: report
Sci - Tech

Indian CEOs prioritise tech investments, including towards AI: report

New Delhi, June 21: Indian CEOs are prioritising technology investment, including artificial intelligence (AI) but stay guarded amid data security challenges, according to a report. Around 70 per cent of CEOs are channeling investments into technology, including AI, to catalyse growth and enhance...
Space startups up 200X in just 2 years, India
Sci - Tech

Space startups up 200X in just 2 years, India's share in global space to rise 4X...

New Delhi, June 21: There has been a massive 200 times increase in the number of space startups in the last two years owing to the major policy decision taken by Prime Minister Narendra Modi to open up the space sector, Union Minister of State (Independent Charge) for Science and Technology and...
Blinkit
Sci - Tech

Blinkit's rival Zepto raises $665 mn at a $3.6 bn valuation, to go public soon

Mumbai, June 21: Quick delivery platform and Blinkit’s rival Zepto on Friday said it had raised $665 million at a $3.6 billion valuation in a highly over subscribed round just nine months after the company raised $235 million at a $1.4 billion valuation. Avenir, Light speed and Avra (Anu Hariharan’s...
Former OpenAI Co-founder Ilya Sutskever launches new AI company
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Former OpenAI Co-founder Ilya Sutskever launches new AI company

San Francisco, June 20: Ilya Sutskever, one of the co-founders of AI company OpenAI, has launched a new firm called Safe Superintelligence Inc (SSI), just a month after leaving the ChatGPT maker. Sutskever, along with Jan Leike, who co-led OpenAI’s 'Super Alignment' team, left the Sam Altman-run...
Samsung unveils industry’s first AI hybrid fridge using ‘Peltier’ modules
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Samsung unveils industry’s first AI hybrid fridge using ‘Peltier’ modules

Seoul, June 20: Samsung Electronics on Thursday unveiled the industry's first hybrid refrigerator using semiconductor elements and artificial intelligence (AI) to improve energy efficiency and performance. The new Bespoke AI Hybrid Refrigerator adopts a hybrid cooling method that combines Peltier...
Mirae Asset Mutual Fund launches India’s 1st EV exchange-traded fund
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Mirae Asset Mutual Fund launches India’s 1st EV exchange-traded fund

Mumbai, June 20: Mirae Asset Investment Managers (India) on Thursday launched India’s first exchange-traded fund (ETF) focused on the electric vehicles (EV) and new-age automotive segment, after the National Stock Exchange (NSE) launched a new Nifty EV index last month. The New Fund Offer (NFO) for...
AI platform OrbitShift raises $7 million to expand product footprint
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AI platform OrbitShift raises $7 million to expand product footprint

New Delhi, June 20: AI-native sales operating system OrbitShift on Thursday said it has raised $7 million in seed funding led by Peak XV’s Surge and Stellaris Venture Partners. OrbitShift said it plans to leverage the funding to expand its customer base and continue building for its customers....
Crypto exchange Binance to pay Rs 18.82 cr fine to restart India operations
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Crypto exchange Binance to pay Rs 18.82 cr fine to restart India operations

New Delhi, June 20: Leading blockchain and cryptocurrency platform Binance will be required to pay Rs 18.82 crore fine to restart operations in India. The Financial Intelligence Unit (FIU) has imposed this penalty on the company for operating in the country in violation of domestic anti-money...
HP brings next-gen AI PCs to India for businesses, creators
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HP brings next-gen AI PCs to India for businesses, creators

New Delhi, June 19: PC and printer major HP Inc on Wednesday announced the pre-booking of its next-generation AI PCs in India for businesses, creators and retail customers. HP EliteBook Ultra and HP OmniBook X laptops can be booked either through HP partners or via the HP online store, the company...
CDS releases Joint Doctrine for Cyberspace Operations
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CDS releases Joint Doctrine for Cyberspace Operations

New Delhi, June 19: Chief of Defence Staff (CDS), Gen Anil Chauhan released the Joint Doctrine for Cyberspace Operations, which will guide commanders in conducting such operations in today's complex military operating environment, at the Chiefs of Staff Committee meeting held here on Tuesday, a...
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