Category: Reports

  • Starlink’s Pricing in India Could Drop to Just ₹840: Latest Updates

    Starlink’s Pricing in India Could Drop to Just ₹840: Latest Updates


    Starlink’s Satellite Internet Plans in India

    Elon Musk’s Starlink and various satellite communication firms, such as Eutelsat OneWeb, backed by Bharti Group, alongside Reliance Jio’s collaboration with SES, and Globalstar, are gearing up to launch high-speed satellite internet services across India. As reported by The Economic Times, Starlink is set to roll out unlimited data plans at promotional rates below $10 (approximately ₹840) per month, an approach aimed at swiftly expanding its user base in one of the globe’s largest telecommunications markets.

    Affordable Pricing to Boost Adoption

    Despite facing high spectrum and licensing fees, satellite service providers are striving for rapid growth by presenting cost-effective options. Experts believe this tactic may allow these companies to recover their substantial investments in infrastructure and spectrum by catering to a larger customer base. The ultimate aim is to attract up to 10 million users in India.

    The Telecom Regulatory Authority of India (TRAI) has suggested a 4% levy on adjusted gross revenue (AGR), with a minimum annual spectrum fee of ₹3,500 per megahertz. Additionally, these providers will incur an 8% licensing fee. In urban regions, operators will be responsible for an extra ₹500 per subscriber annually, although rural areas will not be subjected to this fee. These proposals are pending final government confirmation.

    Hardware Expenses as a Potential Obstacle

    While the monthly subscription pricing may appear enticing, the initial investment required for Starlink hardware could discourage many potential Indian customers. On a global scale, Starlink kits are sold between $250 and $380 (approximately ₹21,300 to ₹32,400), which represents a considerable expense when contrasted with India’s fibre broadband services. These services often provide speeds of up to 1 Gbps, feature lower installation costs, and frequently come with bundled OTT subscriptions.

    Regulatory Landscape and Competitor Developments

    Though Eutelsat OneWeb and Jio-SES have already obtained regulatory clearances, Starlink has a letter of intent from the Indian Department of Telecommunications (DoT) and is waiting for final approval from the Indian National Space Promotion and Authorisation Centre (IN-SPACe).

    Capacity Limitations May Restrict Expansion

    Despite Starlink’s ambitious strategies, technological restrictions may hinder its growth prospects in India. The geographic coverage offered by the satellite constellation within India is limited, estimated to account for only 0.7% to 0.8% of global satellite capacity, equating to merely 700 to 800 satellites available to cover the nation at any moment. This limitation contrasts sharply with India’s extensive terrestrial infrastructure, which boasts over 800,000 telecom towers and 3 million base transceiver stations.

    For comparison, in Bangladesh, Starlink currently charges 6,000 BDT (approximately ₹4,200) per month. New users are also required to pay a one-time equipment fee of 47,000 BDT (₹33,000) and an additional shipping fee of 2,800 BDT (₹2,000), resulting in total initial costs nearing ₹37,200.

  • Miko Achieves ₹358 Crore Revenue in FY24, Subscription Business Sees 29-Fold Growth

    Miko Achieves ₹358 Crore Revenue in FY24, Subscription Business Sees 29-Fold Growth



    Miko Robotics: Growth and Financial Insights

    Miko Robotics: Growth and Financial Insights

    Miko, a Mumbai-based robotics and AI firm, has made a noteworthy mark by delivering interactive robots aimed at children. In its fiscal year ending March 2024, Miko achieved a remarkable 58% increase in revenue.

    Revenue Highlights of Miko Robotics

    Miko’s revenue from operations surged to Rs 358 crore in FY24, rising from Rs 226 crore in FY23, as per the consolidated financial statement obtained from the Registrar of Companies (RoC).

    Focus on Child Engagement

    The company designs personal companion robots tailored for educating and entertaining children aged between 5 and 11 years. Additionally, Miko offers opportunities for child-centric content partners and developers to integrate their content on the platform, enabling them to earn through subscriptions.

    Revenue Breakdown

    The majority of Miko’s revenue is attributed to the sales of its robotic products. However, a smaller yet significant portion comes from subscription services associated with content applications. In FY24, revenue from product sales climbed by 46% to Rs 329 crore, while income from subscription services dramatically increased—growing twenty-nine-fold from Rs 1 crore to Rs 29 crore in the same period.

    Expense Analysis

    On the expenditure side, the primary cost driver was the material cost, which surged by 50% to Rs 182 crore. Advertising expenses, indicative of brand enhancement initiatives, saw a whopping 79% increase to Rs 113 crore. The depreciation cost also rose significantly, climbing 206% year-on-year to Rs 95 crore in FY24. Conversely, employee benefit expenses witnessed a 23% decline to Rs 30 crore during this fiscal year.

    Total Expense Overview

    Overall, Miko’s total expenses rose by 55% year-on-year to Rs 505 crore in FY24, compared to Rs 325 crore in FY23. For a complete breakdown of expenses, further information can be sourced from various platforms.

    Financial Outcomes

    Miko reported a net loss of Rs 120 crore in FY24, an increase from Rs 108 crore in FY23. The company’s ROCE and EBITDA margin recorded at -85.71% and -8.45%, respectively. On a unit economics perspective, Miko spent Rs 1.41 to earn each rupee in FY24.

    Current Assets Overview

    The Mumbai-based startup listed current assets valued at Rs 297 crore in FY24, which includes Rs 89 crore in cash and bank deposits.

    Funding and Ownership Structure

    According to data from startup intelligence platforms, Miko has secured a total of $76 million in funding to date, with Chiratae Ventures and Yournest as primary investors. The co-founders, Sneh Vaswani, Prashant Iyengar, and Chintan Raikar, collectively hold a 19% share in the company.


  • Delhivery Achieves ₹70 Crore Profit in Q4 FY25; Revenue Soars by 6%

    Delhivery Achieves ₹70 Crore Profit in Q4 FY25; Revenue Soars by 6%



    Delhivery Reports Q4 FY25 Results with 6% Revenue Growth


    Delhivery Reports Q4 FY25 Results with 6% Revenue Growth

    Delhivery, a prominent logistics company, has announced its financial results for the fourth quarter of FY25, showcasing a 6% year-on-year rise in revenue. Based in Gurugram, the company has also reported a profit of Rs 72 crore during this period.

    Q4 FY25 Financial Performance

    For the fourth quarter of FY25, Delhivery’s revenue from operations surged to Rs 2,191 crore, as revealed in the financial statements submitted to the National Stock Exchange (NSE).

    Fiscal Year Overview

    Throughout the entire fiscal year (FY25), Delhivery experienced a 10% increase in operating revenue, rising to Rs 8,932 crore, compared to Rs 8,141 crore in FY24.

    Revenue Sources

    The primary revenue streams for Delhivery include logistics services such as warehousing, last-mile logistics, and the design and implementation of logistics management systems. Additionally, the firm accrued Rs 112 crore from non-operational activities, resulting in total revenue of Rs 2,303 crore for Q4 FY25. For the fiscal year, overall income totalled Rs 9,372 crore.

    Expenditure Breakdown

    In terms of expenses, freight handling and servicing costs accounted for 70% of Delhivery’s total expenditure, which rose by 3% to Rs 1,566 crore in Q4 FY25. Employee benefit expenses saw a decrease of 6%, dropping to Rs 337 crore. Legal fees, depreciation, and other overhead costs contributed to a slight decline in overall expenses, which totalled Rs 2,249 crore during the quarter. For the whole financial year ending March 2025, total expenses increased to Rs 9,217 crore, up from Rs 8,825 crore in FY24.

    Profitability Insights

    Delhivery’s ongoing growth coupled with managed expenditures resulted in a profit of Rs 72 crore for Q4 FY25, recovering from a loss of Rs 68 crore recorded in Q4 FY24. On a fiscal basis, the company achieved profitability, posting a net profit of Rs 162 crore in FY25, compared to a loss of Rs 249 crore in FY24.

    Market Performance

    At the conclusion of today’s trading session, Delhivery’s share price was positioned at Rs 321 per share, giving the company a market capitalisation of Rs 23,957 crore.


  • US Tech Firms Race for AI Opportunities Following Trump’s Gulf Trip: Reports

    US Tech Firms Race for AI Opportunities Following Trump’s Gulf Trip: Reports


    AI Investments Strengthen Ties Between American Tech Firms and Middle Eastern Allies

    AI investments are emerging as a pivotal force in enhancing relationships between American technology companies and partners in the Middle East. This development aligns with US President Donald Trump’s broader strategy to improve economic relations during his recent trip to the Gulf.

    According to Reuters, commitments amounting to $600 billion have been secured from Saudi Arabia to US firms, featuring notable announcements from giants such as Nvidia, AMD, and Qualcomm. These actions reflect the Trump administration’s emphasis on establishing US-led technology collaborations as a cornerstone of its foreign policy in the region.

    Humain: A Key Player in AI Advancement

    At the forefront of these advancements is Humain, an innovative AI startup supported by Saudi Arabia’s sovereign wealth fund. Nvidia plans to supply hundreds of thousands of its advanced AI chips to Humain over a five-year period, starting with an initial shipment of 18,000 Grace Blackwell (GB300) processors. Humain and Nvidia aim to develop “AI factories” in Saudi Arabia, boasting up to 500 megawatts of GPU computing power, with the ambition of transforming the kingdom into a global hub for AI and digital change.

    Collaborations With Major Companies

    In a competitive landscape, AMD, Nvidia’s primary rival in AI accelerators, announced a significant $10 billion partnership with Humain. As highlighted by Reuters, this collaboration encompasses hardware infrastructure, software assistance, and deployment of data centres throughout both Saudi Arabia and the US. Keith Strier, AMD’s Senior Vice President for Global AI Markets, commented that this agreement guarantees Humain’s independence from a single vendor, which underscores the kingdom’s dedication to establishing a robust and diverse AI ecosystem.

    A separate announcement from Bloomberg noted that Global AI, a venture based in the US, plans to construct a data centre in New York using Nvidia chips, in partnership with Humain. Furthermore, Amazon and Humain are set to jointly invest over $5 billion to create an “AI Zone” in Saudi Arabia, leveraging AWS cloud technologies to enhance government services and develop a marketplace of AI agents. AWS had previously allocated $5.3 billion for the development of cloud infrastructure in the kingdom.

    Cisco and Other Players Join the AI Initiative

    Cisco Systems has also engaged in this momentum, stating it will integrate its global expertise with Saudi Arabia’s ambitions in AI, while extending its collaboration with Abu Dhabi-based G42. Concurrently, STV, a Saudi venture capital firm backed by Alphabet, has launched a $100 million AI fund focused on supporting early-stage startups in the MENA region.

    The facilitation of these agreements by the Trump administration involves overturning the AI diffusion rule established during the Biden administration, which had imposed extensive restrictions on chip exports. According to Bloomberg, the current administration is shifting towards country-specific negotiations, enabling trusted partners like Saudi Arabia and the UAE to obtain top-tier AI chips from Nvidia and AMD.

    Future Prospects for AI Technologies

    An anticipated agreement is likely to permit the UAE to import 500,000 of Nvidia’s most advanced chips annually until 2027, a figure that significantly exceeds previous export limits. It is expected that one-fifth of these chips will be designated for G42, whilst the remainder will support US-led data centre initiatives in the UAE.

    Additionally, OpenAI is reportedly considering the establishment of a major data centre presence in the UAE, potentially broadening its influence in the region. CEO Sam Altman is currently touring the Gulf, part of a wider initiative by leaders in the US tech industry.

  • NoBroker Sees Rs 803 Cr in Revenue for FY24, Yet 57% of Expenses Lack Clarity

    NoBroker Sees Rs 803 Cr in Revenue for FY24, Yet 57% of Expenses Lack Clarity



    NoBroker: Financial Growth and Performance in FY24

    NoBroker: Financial Growth and Performance in FY24

    NoBroker, a leading real estate platform, enhanced its financial standing during the fiscal year ending March 2024. Operating revenue surged by nearly a third compared to the previous year. Notably, this subscription-driven platform also achieved a 19% reduction in losses for FY24. The firm, however, provided limited insights into its cost structure, as 57% of total expenses fell under “miscellaneous overheads.”

    Revenue Increase for NoBroker in FY24

    NoBroker’s operating revenue rose by 32% to Rs 803 crore in FY24, up from Rs 609 crore in FY23, according to its standalone financial statement sourced from the Registrar of Companies (RoC).

    Subscription-Based Business Model

    NoBroker connects property owners directly with tenants, effectively eliminating the requirement for brokers or agents. The subscription plans form the primary revenue source, comprising 99% of the total income. Revenue from product sales, which includes home services and related segments, contributed Rs 5 crore in FY24.

    Additional Income and Total Growth

    The firm generated an extra Rs 85 crore from interest on fixed deposits and gains from current investments and mutual funds, increasing its total income to Rs 888 crore in FY24, up from Rs 683 crore in FY23.

    Expense Breakdown

    NoBroker did not provide extensive details regarding its expense distribution. Employee benefit expenses, which constituted 33% of total costs, remained steady at Rs 436 crore. Rent and legal fees were minimised to Rs 7 crore and Rs 12 crore, respectively, while depreciation costs saw a slight rise to Rs 31 crore during the fiscal year.

    Miscellaneous Expenses and Total Costs

    It is crucial to note that NoBroker reported Rs 738 crore under miscellaneous expenses. Overall, total expenses grew by 9.2% to Rs 1,299 crore in FY24 from Rs 1,190 crore in the previous fiscal year.

    Reduction in Net Loss

    Despite the increase in overall expenses, the company managed to decrease its net loss by 19% to Rs 411 crore in FY24, compared to Rs 506 crore in FY23. The return on capital employed (ROCE) and the EBITDA margin stood at -37.76% and -42.45%, respectively. On a unit basis, NoBroker spent Rs 1.62 to generate one rupee of operating revenue in FY24.

    Current Assets and Funding

    As of March 2024, the Bengaluru-based company reported current assets valued at Rs 1,082 crore, with Rs 55 crore available in cash.

    Funding and Ownership

    NoBroker has raised a total of $366 million in funding thus far, with Tiger Global, BEENEXT, and Elevation as its main investors. Co-founders Ankit Agarwal, Saurabh Garg, and Akhil Gupta collectively hold a 16.6% stake in the company.


  • Arya.ag Sees 70% Profit Surge with Rs 447 Crore Revenue in FY25

    Arya.ag Sees 70% Profit Surge with Rs 447 Crore Revenue in FY25



    Aarya.ag: 27% Year-on-Year Growth in Agritech Financing for FY25

    Aarya.ag Achieves 27% Growth in Agritech Financing for FY25

    Aarya.ag, a leader in the agritech and financing sector, has announced a remarkable 27% year-on-year increase in operating revenue for the fiscal year ending March 2025, as noted in their recent press release. Additionally, the firm based in Gurugram reported an impressive 70% rise in profit after tax (PAT) during this same timeframe.

    Financial Highlights of Aarya.ag for FY25

    In its strategic financial report for FY25, Aarya.ag disclosed that its net revenue reached Rs 447 crore, while the gross revenue was documented at Rs 5,738.7 crore. Enhanced efficiency and cost optimization across the platform contributed to a growth in Aarya.ag’s take rate (marketplace fees), which increased to 3.8% in FY25, up from 3.4% in FY24.

    Moreover, profit before tax (PBT) exhibited a significant year-on-year growth of 95%, amounting to Rs 43 crore in FY25.

    Commodity Management and Financing Initiatives

    During FY25, Aarya.ag managed agricultural commodities worth Rs 26,961 crore in its warehouses, handling a total volume of 7.37 million metric tonnes (MMT). The company further asserts it disbursed agricultural inputs valued at Rs 14,182 crore from its warehouses directly to customers, utilizing its own financial resources.

    Aarya.ag also provided loans amounting to Rs 2,000 crore backed by stored crops, creating an efficient platform for farmers that includes storage, credit, and marketing options. For context, interest income from financing reached Rs 55.4 crore in FY24.

    Strategic Partnerships and Future Growth Plans

    The firm expanded its strategic alliances with banks for co-lending, processors for value-added commerce, and focused on collaborations with climate-focused entities. Looking ahead to FY26, Aarya.ag plans to broaden its geographic reach and enhance its technological capabilities.

    Funding Overview

    Aarya.ag has successfully raised a total of $174 million in funding to date, with Lightrock Venture and Aspada Investment Company acting as its prominent investors. Recently, the company secured a commitment of $19.8 million from the United States International Development Finance Corporation (DFC) to back a debt facility for its agri-commerce branch, Aryatech.


  • Eternal Challenges Claims Surrounding Food Delivery CEO’s Departure

    Eternal Challenges Claims Surrounding Food Delivery CEO’s Departure


    Eternal Limited Denies False Reports on CEO Rakesh Ranjan

    Eternal Limited, previously known as Zomato, has dismissed the rumors regarding the resignation of CEO Rakesh Ranjan, stating that these reports are untrue. The company firmly asserted this position in a statement released on Thursday.

    In the official announcement, Eternal Limited confirmed that Mr. Ranjan has not resigned and continues to be a vital member of the leadership team. However, there was no clear information provided regarding his ongoing role as the CEO of the food delivery sector.

    While the statement did not elaborate on any potential restructuring involving Mr. Ranjan or other senior leaders, the company highlighted that such internal reshuffles are common practices aimed at improving operational efficiency and do not signify the exit of crucial personnel.

    According to the statement from Eternal, it seems the company might be gearing up for a significant leadership transformation at the top level. “This is part of our continuous efforts to enhance our effectiveness within the organization,” the company remarked, indicating that these internal shifts are not deemed significant and usually do not require public announcement unless mandated by regulators.

    Even though the company recognized the media coverage, it clarified that the disclosures made today were voluntary and not considered material information. Eternal Limited reaffirmed its dedication to open communication, containing any major updates that would be shared with the stock markets as per relevant regulations.

    Recently, Eternal revealed the resignation of Rinshul Chandra, the Chief Operating Officer of its Food Ordering and Delivery segment. Earlier this month, the Gurugram-based enterprise also released approximately 600 customer support associates shortly after hiring them.

    Eternal has recently undergone a rebranding from Zomato, and now includes four principal businesses: Zomato, Blinkit, District, and Hyperpure. Currently, shares of Eternal are valued at Rs 240 each (as of 13:24 PM), with an overall market capitalisation of Rs 2,31,606 crore (roughly $27 billion).

  • Eloelo’s Financial Year 2024: Navigating Challenges with a Rs 99 Crore Loss and Zero Revenue

    Eloelo’s Financial Year 2024: Navigating Challenges with a Rs 99 Crore Loss and Zero Revenue


    Eloelo’s Investment and Financial Overview

    Eloelo, known for its engaging live social entertainment platform, has gained notable backing from Play Ventures, Westbridge, and Kalaari, raising a significant $50 million overall. This investment includes a recent funding round of $13 million. Despite being operational for five years, the firm remained in the pre-revenue stage until March 2024 (FY24), while continuing to face financial losses.

    During FY24, Eloelo reported no operating revenue, yet it did earn Rs 5 crore from interest on fixed deposits as per the firm’s financial documents obtained from the Registrar of Companies (RoC).

    Understanding Eloelo’s Business Model

    Eloelo operates as a social gaming and live streaming platform, reviving traditional activities like tambola, antakshari, and musical chairs in a live format. Creators host these games to engage their community of fans.

    Marketing and Operational Expenses

    The Bengaluru-based company has heavily invested in marketing to enhance user attraction and retention. Notably, its advertising and promotional expenses emerged as the largest cost factor, constituting nearly 38.5% of total expenditures, which more than doubled from Rs 17 crore in FY23 to Rs 40 crore in FY24.

    Furthermore, employee benefit expenses surged 2.4 times to Rs 24 crore, while disbursements to content creators reached Rs 14 crore. Technological expenditures accounted for Rs 14 crore, which represents over 13% of overall expenses, along with other overheads amassing another Rs 12 crore in FY24.

    In total, Eloelo experienced a staggering rise in its overall expenses, which ballooned 2.3 times to Rs 104 crore in FY24 compared to Rs 45 crore in the previous fiscal year. This drastic rise in expenses resulted in a net loss that expanded 2.3 times to Rs 99 crore for FY24.

    Financial Position and Future Prospects

    The WestBridge-supported firm recorded current assets of Rs 166 crore in FY24, including Rs 149 crore in cash and bank balances.

    Reports indicate that Eloelo has successfully secured $50 million in funding to date, with WaterBridge Ventures as the principal investors. Co-founders Saurabh Pandey and Akshay Dubey collectively possess 20% ownership of the company.

    Eloelo stands out as a high-risk venture for investors, drawn in by the founders’ passion and charisma while recognising the concept’s high stakes. If successful, it could create a widespread impact, akin to a fire at a petrol pump. However, if not, the outcome could resemble a challenging downfall, similar to a tyre self-destructing. At this juncture, while the ambition is commendable, the outlook for immediate success appears dim. Given the level of expenses incurred by Eloelo, the current cash burn indicates that the firm must demonstrate greater performance relative to its revenue generation, which so far has been negligible. Should the intention be to increase advertising efforts, initial deals must materialise soon, considering it has been nearly five years since the company’s inception. If the goal is to attract paying customers, it is essential to consider monetisation strategies. With a reported 150,000 creators and 80 million users, currently, the hesitation to monetise remains puzzling.

  • Apple Challenges UK Government’s Directive on Accessing Encrypted Information

    Apple Challenges UK Government’s Directive on Accessing Encrypted Information


    Apple’s Legal Challenge on Encryption and Data Access in the UK

    Apple has initiated a legal contest against a directive from the UK government mandating the company to establish a system for allowing law enforcement to access encrypted cloud data. This appeal, submitted to the Investigatory Powers Tribunal, arises in response to a confidential instruction from the Home Office issued in January, which called for Apple to facilitate access to iCloud backups in instances involving national security or significant criminal activities, as reported by the Financial Times and BBC News.

    In lieu of complying with this demand, Apple has chosen to suspend its Advanced Data Protection (ADP) feature within the UK. ADP is an optional security feature that provides end-to-end encryption for cloud data, ensuring that even Apple cannot access the stored messages, photos, and files. By discontinuing this feature for users in the UK, Apple has effectively guaranteed its ability to retrieve specific iCloud backups, including duplicates of iMessages, when legally required.

    The Ongoing Debate on Encryption and Access to Private Data

    This decision has revived a worldwide discussion regarding encryption and governmental access to private information. Law enforcement officials contend that encryption obstructs inquiries into serious crimes such as terrorism and child exploitation. Conversely, privacy advocates caution that diminishing encryption could lead to security vulnerabilities for all users.

    International Criticism and Legal Implications

    Apple’s choice to deactivate ADP in the UK has drawn backlash from privacy defenders, while the UK government asserts that access to user data will be granted only in exceptional situations. A spokesperson from the Home Office informed the BBC that privacy protections remain intact, asserting that “privacy is only affected on an exceptional basis, in relation to the most severe crimes and only when necessary and proportionate.”

    The directive has also faced scrutiny from the United States. Former US President Donald Trump equated the UK’s requests to practices commonly associated with China during an interview with The Spectator. At the same time, US authorities are exploring whether the UK’s stance breaches the CLOUD Act, a data-sharing regulation that prohibits the UK from independently demanding access to the data of US citizens.

    Tulsi Gabbard, the US Director of National Intelligence, has reportedly expressed apprehensions in a letter, indicating that she was not informed prior to the UK’s request and that an investigation would determine if Britain acted beyond the bounds of its agreements with the US.

    Apple’s Ongoing Legal Proceedings

    While Apple has not publicly addressed its legal challenge, reports from the Financial Times suggest that the case may be reviewed in the forthcoming weeks, although it remains uncertain whether the proceedings will be conducted publicly. The Investigatory Powers Tribunal has yet to reply to requests for clarification regarding the matter.

    The UK government has neither affirmed nor denied the existence of the order, citing legal constraints that prevent such revelations. According to UK legislation, companies receiving technical capability notices are prohibited from discussing them publicly. Nevertheless, the Home Office maintains that its policies are designed to protect citizens from severe crimes while upholding essential privacy protections.

    Apple has consistently reiterated its commitment to preserving its security features, expressing regret over the necessity of taking this step in the UK. The company’s determination to contest the order escalates a crucial legal struggle concerning data privacy, governmental surveillance, and the evolving landscape of encryption within the UK.

  • Possible Postponement for Apple Intelligence and Siri Revamp: New Insights Reveal

    Possible Postponement for Apple Intelligence and Siri Revamp: New Insights Reveal


    Apple Intelligence: Siri Upgrade Faces Delays

    Apple’s efforts to enhance Siri with Apple Intelligence functionalities are experiencing setbacks due to engineering challenges and software bugs, as reported by Bloomberg’s Mark Gurman.

    The AI-powered Siri was initially anticipated to be launched with iOS 18.4, which is expected to be available in April 2024. However, ongoing performance inconsistencies may lead to the release being postponed to iOS 18.5, which could come in May or later. Another likelihood is that Apple might still unveil the features in iOS 18.4 but opt to disable them by default until the necessary improvements are completed.

    Apple has already announced plans to broaden Apple Intelligence support for additional languages by April, suggesting a compressed development schedule. Traditionally, significant new iOS features are not revealed as late as May, as Apple typically diverts its attention to the next version of iOS in June after the annual Worldwide Developers Conference (WWDC).

    Overview of Siri’s Upgrades

    Siri’s revamp is part of Apple’s extensive AI strategy aimed at staying competitive against competitors like OpenAI, Google, and Meta. The key upgrades being developed for Siri include:

    • Personal Context Awareness: Siri will utilize user data to deliver more precise responses and actions.
    • Enhanced App Control: There will be improved interaction capabilities across various applications.
    • On-Screen Awareness: Siri will acquire the ability to interpret and respond to the content users are currently viewing on their devices.

    Apple employees testing the updated Siri features have noted that the functionalities are not yet reliable, which is contributing to the delays.

    Additionally, Apple is collaborating with Chinese tech giants Baidu and Alibaba to create AI functionalities that adhere to local regulations in China. The postponement of the iOS 18 rollout could have lasting implications, with potential impacts causing some anticipated features for iOS 19 to be delayed until 2026.