New Delhi: During an interview, Mustafa Suleyman, CEO of Microsoft AI, spoke openly about his admiration for Sam Altman, CEO of OpenAI. When asked about the future direction of Microsoft’s AI endeavors and its relationship with OpenAI, Suleyman chose to steer away from competitive metaphors, emphasizing instead a collaborative approach. He underscored Microsoft’s substantial investment in OpenAI and their close partnership, noting that while there is competition, OpenAI retains its independence without direct control from Microsoft. Suleyman also delved into the critical issue of AI safety, expressing his confidence in Altman’s genuine commitment to addressing these concerns. He welcomed regulatory…
Author: Ansh Singh
Ansh Singh
Ansh Singh is a journalist and writer who covers Entrepreneurship, Business, Startups, and Fintech. When not working, you will find him reading insightful case studies, exploring ideas online, and journaling by the beach.
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Chennai: Shriram Asset Management Company (Shriram AMC) announced the launch of Shriram Nifty 1D Rate Liquid ETF (Growth), an open-ended Exchange Traded Fund tracking the Nifty 1D Rate Index. The Shriram Nifty 1D Rate Liquid ETF (Growth) New Fund Offer will be open for subscriptions from July 1, 2024 till July 3, 2024. Investors can apply through their securities brokers or by depositing physical forms at their nearest CAMS Investor Service Centre. The Shriram Nifty 1D Rate Liquid ETF (Growth) provides investors with easy cash management with high liquidity, relatively low interest rate risk and relatively low credit risk. They…
New Delhi: The European Union accused Microsoft of violating competition regulations on Tuesday. The bloc issued a formal statement of objections, alleging that the tech giant has breached antitrust rules by bundling its communication and collaboration tool, Teams, with popular productivity applications such as Office 365 and Microsoft 365. The EU initiated an antitrust investigation into Microsoft’s bundling practices nearly a year ago, in July 2023, following a complaint from Slack, a competitor of Teams. In response to the scrutiny, Microsoft announced a partial unbundling of Teams in late August last year, which was finally implemented in April 2024. However,…
New Delhi: Erekrut, a pioneer in HR technology, unveiled OneDayHire, a transformative solution that promises to redefine the recruitment landscape. This innovative platform is poised to revolutionize how companies connect with talent, offering an unprecedented ability to deliver 50-100 pre-qualified candidates within just 30 minutes of posting a job. OneDayHire is not just a new tool—it’s a breakthrough in recruitment technology. OneDayHire stands out with several key features. It delivers candidates within 30 minutes of job posting, eliminating long waiting periods. The service is cost-effective, offering leads for just INR 299 each, ensuring financial efficiency. Payment options are adaptable to…
A Visionary Leader in the Corporate World: Aksha Kamboj’s ascent to the helm of Aspect Global Ventures was fueled by a deep-seated passion for technology and a drive to make a significant global impact. Her vision has always been clear: to lead with innovation and to create sustainable success. “As the Executive Chairperson, my journey began with a passion for innovation and a commitment to excellence,” she reflects. “At Aspect, I have focused on fostering growth, nurturing talent, and steering the company towards new horizons in diverse industries.” Diversification into Non-Traditional Verticals: Under Aksha’s leadership, Aspect Global Ventures has ventured…
Ahmedabad: Gujarat International Finance Tec-City (GIFT City), India’s sole International Financial Services Centre (IFSC), has partnered with TiE, Inc. (formerly The Indus Entrepreneurs) to bolster economic growth, generate employment through entrepreneurship, and establish a strong business ecosystem in the country. The memorandum of understanding (MoU) was signed on Tuesday by Gujarat International Finance Tec-City Company Limited (GIFTCL) and TiE, a global non-profit network committed to fostering entrepreneurship. Under the MoU, a collaborative framework will be established between GIFTCL and TiE to promote innovation, attract investments, and create an enabling environment for businesses in India through GIFT City. By leveraging the…
Mumbai: Equirus is pleased to announce the addition of Mr. Krishna Jha as a venture partner for the InnovateX Fund. With an illustrious career spanning over 25 years, Krishna brings unparalleled experience and expertise to Equirus, reinforcing our dedication to innovation and strategic growth. Krishna’s journey began with Citi, followed by a successful entrepreneurial venture in the mobile internet space. His first company, ITFinity, was acquired by Infosys spin-off OnMobile. Over the past decade, Krishna has found great success as an independent investor, focusing both on early-stage companies as well as public markets. His private portfolio includes over three dozen…
Mumbai: The Board of Directors of Jaro Education, a pioneering force in the online education sector, has recommended issue of Bonus share in the ratio of 1:3 i.e. 1 (One) equity share for every 3 (Three) shares held by the shareholder. The Board of Directors of the company also announced dividend of 10% on a face value of Rs. 10 per share for the financial year 2024 for its eligible shareholders. Dr. Sanjay Salunkhe, CMD of Jaro Education said, “We are delighted to declare bonus and dividend as part of our endeavour to reward our shareholders. We will be declaring…
New Delhi: At the Annual General Meeting (AGM) today, Adani Enterprises Chairman Gautam Adani spoke about the challenges the company faced last year, especially defending its integrity and reputation against accusations by the foreign short-seller Hindenburg. Mr. Adani emphasized that the company not only survived these challenges but also became stronger, proving that no obstacle could weaken its foundation. “The true measure of success,” Mr. Adani said, “is our ability to stand firm in the face of adversity.” He highlighted the determination the Adani Group showed last year, stating, “The Adani Group fought back against attacks on our integrity and…
New Delhi: Christopher Fitzgerald and Nicholas Van Landschoot, two 18-year-old best friends who just graduated from high school, are spending their summer in a venture capital office in Boulder, Colorado. Instead of relaxing before college, they’ve raised $500,000 from Varana Capital for their startup, APIGen. Fitzgerald will go to Penn State in the fall, while Van Landschoot is delaying college to work full-time on the startup. APIGen’s goal is to create custom APIs (application programming interfaces) using simple language prompts. This means businesses can easily set up connections between their web front end and database, among other things. APIGen’s APIs…
