Character.AI’s founders, Noam Shazeer and Daniel De Freitas, are rejoining Google’s AI division, DeepMind, alongside key members of their team. Character.AI, a startup known for its advanced chatbot technology, achieved a $1 billion valuation last year but has yet to generate revenue.
Shazeer and De Freitas, who left Google in 2021 to start Character.AI after their chatbot proposals were…
New Delhi: Bharat Heavy Electricals Limited (BHEL) has announced that it will conduct India’s first-ever demonstration of methanol-fired gas turbine technology at the 350 MW Kayamkulam Combined Cycle Power Plant (CCPP) operated by NTPC. This pioneering project, located in Alappuzha district, Kerala, represents a significant milestone in the country’s energy sector.
The demonstration aims to…
In a historic victory at the Paris 2024 Olympics, India’s men’s hockey team achieved a landmark win by defeating Australia 3-2, marking their first triumph over the Aussies in 52 years. Skipper Harmanpreet Singh was instrumental in this long-awaited success, scoring twice and leading his team to a second-place finish in Group B with ten points from five matches.
India’s last victory against…
The Nasdaq Composite index fell 2.2% on Friday, confirming a correction as it dropped 10.2% from its record high set on July 10. This decline reflects growing concerns over inflated valuations in the Big Tech sector and a weakening economy.
The Nasdaq’s latest drop was triggered by disappointing earnings forecasts from major tech companies such as Amazon and Intel, coupled with…
The National Payments Corporation of India (NPCI) successfully re-established retail payment connections for banks using C-Edge Technologies systems on August 1, following a significant ransomware attack on the technology provider. This restoration of services comes after NPCI’s comprehensive investigation into the incident.
Incident Overview:
Ransomware Attack: C-Edge Technologies experienced…
India is experiencing a significant surge in female entrepreneurship, marking a transformative period for business and economic growth. Women-owned enterprises are not only driving societal evolution but also creating job opportunities and inspiring future generations of female leaders.
My own entrepreneurial journey began out of necessity and personal experience. Faced with the limitations of…
Tata Power Ltd shares reached a record high on Friday, defying a broader market downturn. The stock surged to Rs 470.85, up from the previous close of Rs 464.35 on the Bombay Stock Exchange (BSE), marking a significant milestone for the company. This surge comes as Tata Power’s market capitalization crossed the Rs 1.5 lakh crore threshold.
Key Highlights:
Record High: Tata Power shares peaked…
Finland is emerging as an attractive destination for Indian entrepreneurs looking to establish or relocate their tech startups. Ranked 14th on the Global Startup Ecosystem Index 2024 and 6th globally for innovation (Global Innovation Index – GII 2023), Finland offers a robust environment for technological innovation and business growth.
To support this ambition, Finland provides various…
Shares of Zomato Ltd., the prominent food delivery aggregator, surged by 19% to ₹278.7 after analysts revised their price targets following the company’s strong June quarter results.
Brokerage firm CLSA led the charge, maintaining a “buy” recommendation and raising its price target from ₹248 to ₹350, the highest on the street. CLSA also increased its earnings forecasts by 6% to 36% for…
Stock Market Updates:
Sensex Falls 750 Points; Nifty Drops Below 24,800 The Indian stock market has witnessed a significant downturn, with the Sensex plummeting 750 points and the Nifty falling below 24,800. Key sectors such as IT, auto, metal, and realty have been hit hardest, contributing to the overall market decline.
Sebi Considers Simplified IPO Filing Process The Securities and Exchange…
