India has been one of the top recipients of remittances in the world for more than a decade. Inward remittances jumped from $55.6 billion in 2010-11 to $118.7 billion in 2023-24, according to data from the country’s central bank. The bank projects that figure will reach $160 billion in 2029. This means there is an […]
International travel is such a breeze when you can browse, do business and make calls without worrying about expensive roaming charges or changing SIMs.
Christoph Schell, Intel’s EVP and chief commercial officer, is leaving the company after two years in the role, according to a filing with the SEC. Schell notified Intel of his decision to leave on Monday, and will resign on June 30 “in order to pursue another career opportunity,” per the filing. It isn’t clear who will replace […]
Supio, a startup that uses AI to automate data collection and analysis for legal teams, has raised $60 million in a funding round led by Sapphire Ventures with participation from Mayfield and Thomson Reuters Ventures. The new capital, which brings Supio’s total raised to $91 million, will be put toward growth, hiring, and go-to-market efforts, […]
Chinese AI lab DeepSeek has quietly updated Prover, its AI model that’s designed to solve math-related proofs and theorems. According to South China Morning Post, DeepSeek uploaded the latest version of Prover, V2, to AI dev platform, Hugging Face, late on Wednesday. It appears to be built on top of the startup’s V3 model, which […]
The crush of traffic going into training and running AI has quickly turned into a major cost and resource headache for organisations. Today, Cast AI — a startup building tools to ease and optimise AI and other workloads with automation — is raising a major round of funding on the back of its strong growth […]
Eight years after joining Benchmark as the firm’s first woman general partner, Sarah Tavel announced on X that she is transitioning to a more limited role at the storied venture firm. In her new position as a venture partner, Tavel will continue to make investments and serve on existing company boards, but she will have […]
OpenAI has published a postmortem on the recent sycophancy issues with the default AI model powering ChatGPT, GPT-4o — issues that forced the company to roll back an update to the model released last week. Over the weekend, following the GPT-4o model update, users on social media noted that ChatGPT began responding in an overly […]
OpenAI has published a postmortem on the recent sycophancy issues with the default AI model powering ChatGPT, GPT-4o — issues that forced the company to roll back an update to the model released last week. Over the weekend, following the GPT-4o model update, users on social media noted that ChatGPT began responding in an overly […]