Google's parent company, Alphabet, is in advanced talks to acquire cybersecurity startup Wiz for $23 billion. This acquisition aims to bolster Alphabet's cybersecurity capabilities as cyber threats escalate. Wiz, valued at $12 billion, raised $1 billion in May 2024.
Information Technology

Google Parent Alphabet Posts Strong Q2 Results, Fueled By Search And Cloud

Google’s parent company, Alphabet, reported a surge in both revenue and profit for the second quarter of 2024. The tech giant’s strong performance was driven

Information Technology

Amazon in Negotiations with Swiggy for Instamart Acquisition: Sources Reveal

According to reports, Amazon India and Swiggy are in talks about a possible transaction incorporating Swiggy’s Instamart rapid commerce operation. This comes after one of

Edtech startup byteXL secures $5.9 Mn funding to empower engineering students with in-demand IT skills. The company's innovative approach combines industry partnerships and cutting-edge technology to bridge the skill gap. Learn how byteXL is reshaping the future of tech education.
Information Technology

ByteXL Secures $5.9 Mn To Bridge The Skill Gap

Edtech Startup Aims to Empower Engineers The Michael and Susan Dell Foundation and Kalaari Capital led the successful $5.9 million (about INR 49 crore) Series

Information Technology

SoftBank Acquires Graphcore: Boosting AI Chip Innovation

In the fiercely competitive artificial intelligence semiconductor business, Graphcore, a well-known British chipmaker, has been acquired by Japan’s SoftBank Group, a major development. Graphcore’s Evolution

Information Technology

Streamlining Event Planning with AR Technology: Spalba Revolutionizes Venue Scouting

The success of an event can be determined by selecting the right venue in the fast-paced world of event planning. This difficulty led to the

Information Technology

Indkal Technologies Inks Licensing Pact with Acer to Design and Manufacture Smartphones

Leading consumer electronics startup Indkal Technologies has signed into a trademark licencing arrangement with Taiwanese tech giant Acer Inc. in a significant step to extend

Discover how harnessing GenAI can transform digital commerce with our comprehensive guide. Explore the GenAI stack's four essential layers—chips, models, infrastructure, and applications—and learn strategic roadmaps for adopting AI-powered platforms to revolutionize business solutions, enhance customer experiences, and drive significant growth.
Information Technology

Harnessing GenAI For Transformative Digital Commerce Solutions

A number of factors, including aging platforms, technical advancements, and economic disruptions—most notably growing customer acquisition costs (CAC)—are driving a dramatic upheaval of the digital

OpenAI experienced a security breach in early 2023, with a hacker accessing internal messaging systems and stealing AI technology details. The incident, initially disclosed only to employees, raised concerns about the security of leading tech firms. OpenAI continues to strengthen its cybersecurity measures and prevent misuse of its AI models.
Information Technology

OpenAI Hit By Security Breach In Early 2023: Report

Early in 2023, there was a serious security breach at OpenAI, the company that created the ground-breaking AI chatbot ChatGPT. A hacker obtained access to

AI revolutionizes medical diagnosis with SigTuple's software analyzing microscopic samples for faster, more accurate disease detection. Bihar rewrites its story with a focus on social and economic transformation. pen_spark
Information Technology

Daily Capsule Summary For July 19th, 2024

Innovation for India: AI Revolutionizes Medical Diagnostics Artificial intelligence is a strong ally in the fight against sickness. The AI-driven software developed by Bengaluru-based startup

A security vulnerability in the ChatGPT desktop app for Mac could have exposed user conversations. Update to the latest version for encryption and be cautious about app downloads. Mac users, while generally protected by sandboxing on iPhones, should still be aware of potential security risks.
Information Technology

Urgent Update Needed For Mac Users: ChatGPT Desktop App Vulnerability Patched

Attention, Mac users using the ChatGPT desktop app! OpenAI has discovered and fixed a recent security vulnerability. This flaw might have allowed unauthorized parties to