Sarvam AI has come out of stealth mode and announced it has raised $41 million as the five-month old Indian startup races to build a suite of full-stack generative AI offerings. The $41 million funding raise is across the Seed and Series A financing rounds. Lightspeed led the rounds with participation from Khosla Ventures and […]
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After years of promises and limited tests, Meta has started rolling out default end-to-end encryption protection for Messenger. In an announcement, Mark Zuckerberg said that personal chats and calls will get default end-to-end encryption. However, encryption for group chats still remains an opt-in feature. End-to-end encryption is an important security layer as it doesn’t allow […]
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Indian financial services firm Paytm sent shockwaves through the industry on Wednesday after it disclosed that it plans to issue fewer personal loans under 50,000 Indian rupees ($600) in a move that has already started to rattle many fintech investors. Paytm’s move followed the RBI recently tightening norms for consumer loans and publicly expressing concerns […]
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Establishing commercial markets on the moon is going to require thinking a little differently. That’s DARPA’s hunch, anyway. DARPA (Defense Advanced Research Projects Agency) is the U.S. Department of Defense’s R&D arm, which has just selected fourteen companies to participate in a new study to develop technological frameworks for a lunar future. “The next decade […]
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Bitcoin’s price surge into year-end has been exceptionally encouraging as it has been accompanied by the highest trading volume it has seen since November 2022.
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