Economic Times
Mokobara's existing backers Sauce VC and Saama Capital have also participated in the Series B funding round. Peak XV invested around $9.4 million of t
The rapid growth of generative AI, which can create text, images and video in seconds in response to prompts, has triggered fears that the new technol
Responding to a question on whether India’s importance for Uber had changed since Travis Kalanick’s departure, Khosrowshahi said, “I’m a diffe
The Reserve Bank of India has allowed Paytm to transfer its IPO-based payments business from Paytm Payments Bank to 4-5 other banks. It has also direc
Happy Monday! Uber Technologies will be laser-focussed on its mobility business in India and consolidate its market share, CEO Dara Khosrowshahi told
Dara Khosrowshahi took over as the CEO of Uber Technologies in 2017, when the mobility firm was in its most controversial period. The Iran-born execut
54-year-old Dara Khosrowshahi, who steered Uber to full-year profits of $1.1 billion in 2023 globally, said Uber India was now a “self-sustaining bu
A majority of investors in Byju’s parent Think & Learn unanimously voted to remove founder Byju Raveendran as CEO and revamp the board, which includ
In an exclusive interview with ET, Senthil Ramani, global lead – data and AI at Accenture, said the company's clients across key sectors, including
Fractal is now in the league with companies such as OpenAI’s Dall-E, Stability AI’s Stable Diffusion, Midjourney and Runway. However, the text-to-
Paytm Payments Bank has denied Fema violation as it lacks licence for foreign remittances, said sources to ET. ED has written to RBI. The federal agen
Institute of Chartered Accountants of India President Ranjeet Kumar Agarwal on Sunday said its financial reporting review board (FRRB) may deliberate
In an age when companies routinely proclaim their commitments to civil rights and the environment, what does it even mean to be a woke employer? And c
Bengaluru-based Prayoga Institute of Education Research, funded by Zerodha, opens new research block with labs for sustainability research. Labs cover
Private U.S. company Stratolaunch conducted its second captive carry test flight of the reusable Talon-A, a hypersonic vehicle for hypersonic weapons
Google Pay will be shut down in the US on June 4, 2024, and users will be migrated to Google Wallet. It's payment services remain unaffected in India.
Austria is increasingly targeting South Asia and SE Asia, with India as the top export destination. It serves as a gateway to the German speaking mark
Japan offers subsidies to TSMC for a second chip fabrication plant. TSMC's first factory in Kumamoto opens. It plans to produce advanced chips for AI
AI-generated propaganda is as effective as real propaganda, making it harder to detect. It can increase the volume of propaganda, posing risks to soci
Broadcom is nearing a $3.8 billion deal to sell its business to private equity firm KKR, streamlining its portfolio after acquiring VMware. KKR won th
