Saturday, January 18, 2025

Fintechs shun quick credit as RBI cracks down on unsecured loans

The advance salary product was designed for working professionals to take an instant personal loan for about a month, similar to a salary advance. It allowed employees to receive an amount equivalent to half their salary mid-month, and to repay it once the salary is credited.

from Tech-Economic Times https://ift.tt/DIyt4nw

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Elon Musk's Tesla, SpaceX launch Terafab chips project; here's all you need to know

The project envisages setting up space-based AI computing, enabled by solar-powered satellites that could host data centres in orbit. From 1...