ETtech Explainer: Differentiating section 69A & 79 amid X row

The Union government has reportedly submitted that this mechanism complements rather than “eviscerates” the Section 69A blocking process. It has reportedly called X’s conflation of these processes an attempt to evade intermediary obligations while retaining protection from liability for third-party content.

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X faces widespread outage as users get affected globally

This marks yet another technical disruption for X in recent days. On March 28, the platform suffered a significant outage, affecting over 58,000 users at its peak. A day before that, both X and Reddit went down simultaneously, raising concerns about service stability.

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India and the AI ace: A strategic play

India is working towards becoming an AI leader by launching initiatives for infrastructure, innovation, and skill development. The government has allocated funds and set up high-end computing facilities. They focus on training and retaining talent. Private sector collaboration is needed. Comprehensive AI education is required to prepare future generations.

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Microsoft's premature release of GPT-4 test in India contributed to Sam Altman's ouster from OpenAI: WSJ report

In November 2023, Sam Altman was ousted as OpenAI CEO for lack of candor, with controversies surrounding GPT-4’s premature release, fund mismanagement, and internal conflicts leading to his eventual reinstatement.

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SaaS-ination? AI may be threatening traditional SaaS model

Artificial intelligence may be threatening the existence of the traditional Software-as-a-Service model, forcing even established companies to adapt and innovate, or risk oblivion.

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Elon Musk sells X to his own xAI for $33 billion in all-stock deal

Elon Musk has sold social media platform X to his xAI company in a $33 billion all-stock deal. The acquisition aims to merge xAI's AI expertise with X's vast reach. Musk values xAI at $80 billion and X at $33 billion, enhancing user experiences with advanced AI.

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Dholera chips in to make expats feel at home

Dholera, India’s first semiconductor hub, is developing a "Global Tent City" for expats, featuring international food streets, cultural shows, shopping, and recreational facilities to cater to global talent and make them feel at home.

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Nvidia-backed CoreWeave's shares open nearly 3% lower in market debut

The Nvidia-backed AI infrastructure firm was valued at $22.7 billion on a fully diluted basis.

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Mid-market firms may drive India’s GCC growth numbers

India is witnessing a rise in mid-market firms establishing global capability centers (GCCs), with revenues projected to grow 15-20% between 2024-2026. Flexible, cost-effective models drive adoption, attracting firms from the US, Europe, and the Middle East.

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Zaggle to acquire majority stake in PoS software firm Effiasoft for Rs 36.7 crore

The Hyderabad-based prepaid payments company will raise its stake in Effiasoft by another 5.6% through either cash or share swap, which will be decided at a later date.

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Uber offers driverless car tech companies a ride to market

Uber has launched autonomous vehicle (AV) rides with Waymo in Austin, Texas, aiming to become the top platform for AV commercialisation. While AVs promise scalability and efficiency, challenges include safety, regulations, and cost-effectiveness. Uber envisions a hybrid model with both AVs and human drivers.

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