With OpenAI’s ChatGPT passing the Wharton MBA exam, and the US law and medical licensing exams, colleges in Bengaluru are getting worried. Sanjay Chitnis, dean of the school of computer science and engineering at RV University, has issued an advisory to students and faculty saying that artificial intelligence (AI) agents such as ChatGPT, Github Copilot, … Read more
I got the chatbot to write cover letters for real jobs and asked hiring managers what they thought. Most of the managers would have given me a screening call but said the letters lacked personality. A new version of an AI chatbot from OpenAI, ChatGPT, has had the internet in a frenzy over the last … Read more
Mohit Gupta, the co-founder at Zomato for last 4 and half years has resigned. Reason for Mohit’s exit – no clarity Where is he going – no one knows Is Zomato concerned – atleast not publicly. They didn’t even designate him as a Key Managerial Person (check the company disclosure in the source link). This … Read more
For years, becoming a unicorn was the main goal of startups. Now, with venture funding drying up and many young firms’ survival in doubt, another creature is the talk of the town: the cockroach. Venture capitalists and technology chieftains converged in Singapore in recent weeks to hobnob over a number of high-profile annual conferences, … Read more
Digital health platform MFine has become the lastest venture capital backed startup to lay off its staff due to a lack of funds to pay salaries, two former employees at the firm said. Bengaluru-based MFine, operated by Novocura Tech Health Services Pvt Ltd, has laid off over 50% of its staff, one of the employees … Read more
The purchase isn’t straightforward, but Elon Musk has several financing paths. One option is to sell his Tesla shares outright. Another is borrowing against them to stage a leveraged buyout, possibly with outside partners. Musk, 50, currently has about $3 billion in cash or other somewhat liquid assets after spending $2.6 billion buying a 9.1% … Read more
The order comes months after the National Restaurant Association of India (NRAI) asked the Competition Commission of India (CCI) to investigate the companies for breaching platform neutrality by providing priority to the exclusive contractors. Key points to note – NRAI represents more than 5,00,000 restaurants across India. Other than complaints about platform neutrality, complaint by … Read more
Tech giant Microsoft has launched its ‘Microsoft for Startups Founders Hub’ in India. The aim is to empower startups’ vision and fuel innovation to drive economic and societal progress for India and beyond. Microsoft for Startups Founders Hub is a new digital inclusive platform for startup founders in India. The platform offers over $300,000 worth … Read more
After Zivame and Amante, Reliance Retail Ventures Limited (RRVL) has now announced acquiring Clovia, another direct to consumer (D2C) women lingerie brand. Key points to note – Founded in 2012, Clovia has previously raised a total of $22 mn from various investors. Last round was in December 2020, when it had raised Rs 14.3 crore … Read more