Zoho’s Sridhar Vembu Puts $700 Million Chip Factory Plans on Hold: “First, We Need to Justify Taxpayer Support”
"Zoho has shelved its $700M semiconductor fab plans, lacking confidence in the tech, says co-founder Vembu."
Tag: tech
WhatsApp’s Game-Changer: AI-Powered Chat Summaries Without Reading Your Messages
Meta's new Private Processing for WhatsApp ensures user data stays unreadable, even during AI features.
“Zoho Founder Sounds Alarm: India’s Tech Talent Exodus Demands Urgent Action from Private Sector”
India has emerged as a hub for innovation, led by a vibrant startup culture and STEM talent.
Philips Unveils AI-Powered Electric Shavers in India, Priced from ₹14,999
Philips has unveiled a trio of premium electric shavers in India, featuring cutting-edge SkinIQ technology.
Vividobots Secures ₹1.47 Crore in Seed Funding Led by IPV
Chennai-based Vividobots raised Rs 1.47 crore for AI-powered robotic systems in building maintenance.
Duolingo Embraces AI: Transitioning from Contractors to Automation
Duolingo is shifting to an "AI-first" approach, emphasizing automation over contractor roles for efficiency.
Perfios Expands Its Horizons with IHX Acquisition to Innovate Health Insurance Technology
B2B SaaS fintech Perfios acquires IHX to expand into health insurance claims, enhancing data capabilities.
Indian Startup Funding and Acquisitions: Highlights from April 21-25
During the week, 22 Indian startups raised approximately $112.35 million, a significant increase in funding.
“AI Promises Job Cuts and Cost Savings: Sridhar Vembu Sounds the Alarm on What’s Ahead”
"Vembu noted that while vendors promise savings by cutting jobs through AI, the impact has been 'small.'"
“Surge in Cyber Threats: 51 Billion Web Attacks Target Asia Pacific and Japan in 2024 Amidst Growing AI Integration”
The APJ region faced a 73% rise in web application attacks, reaching 51 billion in 2024, driven by AI use.
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