Startup

Bhavish Aggarwal Pledges More Ola Electric Shares to Fund His AI Startup Krutrim

In a bold move to secure more funding for his AI startup, Krutrim, Bhavish Aggarwal, the founder of Ola Electric, has pledged an additional 5.88 crore shares of Ola Electric. This latest pledge takes his total encumbered shares to around 2.43% of Ola Electric’s total shares, representing about 8.09% of his personal stake in the electric vehicle company. The shares are valued at approximately…
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BusinessNews

Google Rehires AI Pioneer Noam Shazeer in $2.7 Billion Deal with Character.AI

Google has entered a $2.7 billion agreement with AI startup Character.AI, reportedly aimed at rehiring Noam Shazeer, a former employee known for his contributions to AI chatbot technology. Shazeer, who was among Google’s first hundred employees, left the company in 2021 after developing an AI chatbot that the tech giant chose not to release publicly. The deal, officially framed as a licensing…
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BusinessNewsStartup

Amazon India Unveils AI Chatbot Rufus Ahead of Festive Sale

In an exciting development for online shoppers, Amazon India has introduced Rufus, a generative AI-powered conversational shopping assistant, just in time for the upcoming festive sale event. This innovative feature aims to enhance the shopping experience by facilitating natural language interactions within the Amazon app. Enhancing the Shopping Experience with Rufus Rufus enables customers to ask…
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