Friday, July 21, 2023

An AI supercomputer whirs to life, powered by giant computer chips

The supercomputer, which was unveiled Thursday by Cerebras, a Silicon Valley startup, was built with the company's specialized chips, which are designed to power artificial intelligence products.

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Lower tax on online gaming will incentivise betting: Karnataka revenue minister

Karnataka revenue minister Krishna Byre Gowda, who represents the state in the GST Council, says the decision to impose 28% tax on online gaming was eminently justified.

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Thursday, July 20, 2023

Societe Generale obtains France's first cryptocurrency licence

Societe Generale's crypto unit, Forge, is licensed as of Tuesday to offer services, including crypto custody, trading and sales, according to the website of France's AMF market regulator.

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K-pop's biggest music label HYBE looks to lift language barrier with AI

The song is the latest sign of the growing influence of AI in the music industry at a time when the Grammy Awards have introduced new rules for the technology's use and AI-generated mash-ups of songs are flooding social media.

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Societe Generale obtains France's first cryptocurrency licence

Societe Generale's crypto unit, Forge, is licensed as of Tuesday to offer services, including crypto custody, trading and sales, according to the website of France's AMF market regulator.

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

Wednesday, July 19, 2023

Online gaming investors say 28% GST will make business ‘unviable’

Investors like Tiger Global, Alpha Wave Global, DST Global, TPG, Matrix Partners India and Steadview Capital hold stakes in Indian real-money gaming startups including Dream11, Games 24x7, Mobile Premier League (MPL) and Zupee.

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Shark Tank India S1 logs 41% deal close rate; Rs 17 crore deployed

Over a year after Shark Tank India Season 1 aired on television, seven of the so-called sharks (investors) completed only 27 of the 65 soft commitments that they had agreed to deploy in startups that participated in the show, according to an analysis by PrivateCircle Research.

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Teladoc expands Microsoft tie-up to document patient visits with AI

The integration of AI including Microsoft's services with technology from OpenAI, owner of viral chatbot ChatGPT, will help ease the burden on healthcare staff during virtual exams, Teladoc said on Tuesday.

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TikTok needs to do more to comply with Europe's new digital rules, official says

TikTok needs to do more to get ready for new European Union digital rules designed to keep users safe online, a top official said Tuesday.

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Startups have obligation to take India's flag to other countries: Paytm's Vijay Shekhar Sharma

Sharing his optimism about the rising global presence of Indian startups, Sharma said he aspires for an anti-trust regulation by America and other nations on an Indian company.

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Tuesday, July 18, 2023

Fintech startups crowd NBFC queue to enter credit lane

A growing number of fintechs are hoping to play the credit game to keep users sticky and expand revenue opportunities

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Anthropic quietly sets up biology lab as it ramps AI drug program

At a time when fears of AI are gripping the public, the startup has built a wet lab, or place for physical experiments, in the San Francisco...