Sarah J
@sarah
11 hours
Meta, the parent company of Facebook, recently organized a hackathon event in London to explore potential applications of its artificial intelligence system in UK public services. The event brought together developers, policymakers, and civil servants to brainstorm and create prototypes for using AI to improve various aspects of public service delivery.
The hackathon focused on developing ideas for utilizing Meta's large language model in areas such as healthcare, education, ...
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Sarah J
@sarah
a day
India has successfully conducted its first test of a long-range hypersonic missile, marking a significant milestone in the country's military capabilities and intensifying the global hypersonic arms race. The test took place on Saturday, November 16, on Abdul Kalam Island off the coast of Eastern India.
- The missile demonstrated successful terminal maneuvers and impact with high accuracy.
- Its maximum range exceeds 920 miles, comparable to a medium-range regional ball...
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Sarah J
@sarah
3 days
Tomorrow Biostasis, a Berlin-based startup founded in 2020, is making waves in the cryonics industry by offering to freeze and store human bodies after death for a monthly fee of 50 euros. The company, co-founded by Emil Kendziorra, aims to make cryopreservation more accessible to the general public.
Clients like Becca Ziegler, a 24-year-old US tech worker living in Berlin, are signing up for the service in hopes of being revived in the future when medical technology advances...
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Sarah J
@sarah
3 days
Factiverse, a Norwegian startup founded in 2020, is making waves in the fight against disinformation with its innovative AI-powered fact-checking tool. The company, which recently won best pitch in the Security, Privacy, and Social Networking category at TechCrunch Disrupt Battlefield 200, has developed a business-to-business solution that provides live fact-checking for text, video, and audio content.
Led by CEO and co-founder Maria Amelie, a former ...
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Sarah J
@sarah
4 days
The European Court of Justice (ECJ) has recently confirmed the legality of restrictions on companies from third countries participating in EU public tenders. This landmark decision reinforces the European Union's stance on protecting its internal market and ensuring fair competition in public procurement processes.
The ruling stems from a case involving a Chinese company that was excluded from a public tender in Italy. The ECJ found that EU member states have the right to lim...
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Sarah J
@sarah
5 days
The recent Web Summit in Lisbon showcased the growing influence of artificial intelligence, with a humanoid robot named Digit demonstrating its ability to sort laundry using voice commands processed through Google's Gemini AI framework. This event highlighted both the excitement and concerns surrounding AI's rapid advancement.
Job Market Impact
The potential loss of millions of jobs to AI was a major topic of discussion. Entry-level positions in law, fi...
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Sarah J
@sarah
7 days
Despite a global economic slowdown, India's tech startup scene continued to thrive in 2024, solidifying its position as the world's 4th largest tech hub. The country's startup ecosystem demonstrated remarkable resilience, fueled by a robust 8.2% economic growth rate and a burgeoning digital economy.
While total funding dipped slightly from $8.2 billion in 2023 to $7.6 billion in 2024, India's tech sector remained vibrant. Bengaluru maintained its status as the startup capital...
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Sarah J
@sarah
13 days
The debate over open-source AI models highlights a tension between fostering innovation and managing potential risks. Here are the key points:
Open innovation has been crucial to AI development, with major breakthroughs like the transformer architecture and tools like TensorFlow and PyTorch being shared openly. However, concerns have arisen about the widespread availability of AI models.
Critics argue that open-source AI could:
- Aid rival na...
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Sarah J
@sarah
15 days
In the rapidly evolving landscape of software development, artificial intelligence has emerged as a game-changing force, particularly in the realm of coding assistance. As enterprises contemplate riding this AI wave, they face a complex set of considerations that go beyond mere productivity gains. A recent conference shed light on how organizations can effectively implement AI-powered coding tools while addressing key concerns and challenges.
At the heart of the enterprise ad...
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Sarah J
@sarah
16 days
India and Germany Forge Ahead: A Tech-Driven Partnership for the Future
Prime Minister Narendra Modi and German Chancellor Olaf Scholz have set the stage for a new era of collaboration between India and Germany. At the 7th Inter Governmental Consultations (IGC) in New Delhi, the two leaders announced plans to release a groundbreaking "roadmap on innovation and technology."
This strategic initiative aims to bolster cooperation in cutting-edge fields such as
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Praveen Paranjothi
@praveen
16 days
India recently announced a host of ambitious space projects and approved 227bn rupees ($2.7bn; £2.1bn) for them.
The plans include the next phase of India’s historic mission to the Moon, sending an orbiter to Venus, building of the first phase of the country’s maiden space station and development of a new reusable heavy-lifting rocket to launch satellites.
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Sarah J
@sarah
21 days
Diwali, the Festival of Lights, celebrates the triumph of light over darkness and good over evil. May this Diwali bring renewed hope, prosperity, and happiness to you and your loved ones.
Happy Diwali to all! 🪔💫
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Sarah J
@sarah
23 days
Meta has unveiled NotebookLlama, an open-source alternative to Google's popular NotebookLM podcast generator. This new tool, powered by Meta's Llama models, aims to create podcast-style content from uploaded text files.
• NotebookLlama generates transcripts from files like PDFs of news articles or blog posts
• The system adds dramatization and interruptions before converting text to speech
• Current output quality is noticeably lower than Google's NotebookLM, with robotic vo...
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Sarah J
@sarah
23 days
NASA's latest economic impact report reveals a stunning return on investment for the American economy. In fiscal year 2023, the space agency's $25.4 billion budget generated a whopping $75.6 billion in economic output—nearly tripling its initial investment
• Moon to Mars program: $23.8 billion output, 96,479 jobs created
• Climate research: $7.9 billion contribution, 32,900 jobs supported
• Total jobs supported nationwide: 304,803
• Tax revenue generated: $9...
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Sarah J
@sarah
24 days
The UK government has set ambitious targets to boost research and development (R&D) spending and position the country as a global science and technology superpower. A recent House of Lords Science and Technology Committee report highlights the crucial contribution of science and technology to the UK economy and outlines strategies to enhance this sector's impact.
Key findings from the report include:
1. Economic Impact: The science and technology sector d...
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Team S
@team
24 days
Leena Nair, CEO of Chanel since 2022, has a remarkable journey that began with a 48-hour train ride across India to pursue her MBA. Before joining Chanel, she dedicated three decades to Unilever, where she rose from a management trainee to the Chief Human Resources Officer. Despite initial skepticism from her family about her career prospects, Nair excelled academically and professionally.
In a recent interview at Stanford, Nair discussed the significant transition she faced ...
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Sarah J
@sarah
24 days
India has emerged as a key player in the global AI landscape, with its startup ecosystem experiencing explosive growth. The country has become one of the top six global economies leading generative AI adoption, with the number of startups skyrocketing from under 500 in 2016 to over 100,000 in 2024.
NVIDIA's Inception program, which supports over 2,000 Indian startups, is playing a crucial role in fostering this growth. The program provides free technical training, tools, and ...
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Sarah J
@sarah
24 days
Nvidia has joined forces with Reliance Industries to develop cutting-edge AI infrastructure in India. This collaboration aims to create a foundation large language model tailored for India's diverse languages and generative AI applications. The partnership will focus on enhancing AI capabilities for Reliance Jio Infocomm, potentially benefiting its 450 million customers. Plans include deploying AI applications and services across India, as well as providing energy-efficient AI infrastructure ...
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Sarah J
@sarah
24 days
JLR Launches Open Innovation Hub in India to Boost Global Innovation Network
JLR (Jaguar Land Rover) has expanded its global innovation network by launching an Open Innovation Hub in India, in partnership with Plug and Play. This initiative aims to tap into India's thriving startup ecosystem, particularly in deep tech. The hub, located in Bengaluru, will focus on developing advanced technologies for future vehicles, including software-defined vehicles, advanced driver assista...
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Sarah J
@sarah
24 days
UK-India Tech Collaboration: Driving Global Innovation
The United Kingdom and India, both recognized as technology powerhouses, are forging strong partnerships to address global challenges through innovation. Their collaboration spans various sectors, including clean energy, fintech, and critical technologies. Key initiatives include joint efforts towards achieving net-zero emissions, expanding financial inclusion through fintech, and enhancing national security through the T...
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Sarah J
@sarah
a month
Germany has announced a substantial increase in its annual visa quota for skilled Indian workers. The quota has been raised from 20,000 to 90,000, marking a 350% increase. This announcement was made by Prime Minister Narendra Modi during the 18th Asia-Pacific Conference of German Business on Friday, October 25, 2024.
Praveen Paranjothi, a seasoned venture capital ...
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1
Sarah J
@sarah
a month
Cambridge is intensifying its efforts to maintain its status as a leading hub for global innovation. The city is home to a thriving ecosystem of technology companies, research institutions, and startups, which collectively contribute to its reputation as a center for scientific and technological advancement.
To defend its position, Cambridge is focusing on several strategic initiatives:
- Investment in Infrastructure: The city is enhancing it...
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Sarah J
@sarah
a month
Lilium, a German startup developing electric vertical takeoff and landing (eVTOL) aircraft, is facing a critical financial situation. The company is seeking €100 million ($107 million) in loan guarantees from the German government to avoid potential insolvency. This funding request is split evenly between the federal government and the state of Bavaria, with Bavaria already agreeing to provide its share contingent on federal matching.
The situation has sparked a debate about ...
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Sarah J
@sarah
a month
Lenovo and FIFA have announced a major partnership agreement at Lenovo's annual Tech World innovation event in Seattle. The multinational technology company will serve as the Official FIFA Technology Partner for the FIFA World Cup 2026™ in Canada, Mexico, and the United States, as well as the FIFA Women's World Cup 2027™ in Brazil.
This landmark deal marks Lenovo's entry into FIFA's top-tier sponsorship category. The partnership aims to leverage Lenovo's cutting-edge technolo...
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Sarah J
@sarah
a month
BloombergNEF's analysis reveals that the lithium battery industry is on the cusp of significant technological advancements, driven by intense competition among automakers, battery manufacturers, and stationary storage providers. These developments aim to create batteries with lower costs, improved performance, and reduced reliance on scarce or expensive materials
Cathode, Anode, and Electrolyte Innovations
The next generation of batteries is ...
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Sarah J
@sarah
a month
The increasing prevalence of technology in young people's lives is raising alarm bells about its potential negative effects on mental health. Recent data and research highlight a concerning trend of rising anxiety, depression, and other mental health issues among children and teenagers, coinciding with the rapid growth of smartphone usage and social media engagement.
1. From 2014-2015 to 2023, the number of children who are almost constantly online roughly doubled, with avera...
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Sarah J
@sarah
a month
British Columbia Investment Management Corporation (BCI) has deepened its investment in India's digital infrastructure sector through a significant deal involving Data Infrastructure Trust (DIT). This strategic move has resulted in the creation of the largest telecom towers platform in India and globally, excluding China[1][2].
1. BCI supported DIT's $2.2 billion acquisition of American Tower Corporation India (ATC India), which includes about 76,000 communication sites
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Sarah J
@sarah
a month
Accel, a global venture firm, is in advanced talks to lead a funding round of $30-40 million in Truemeds, an Indian online pharmacy startup, at a proposed valuation of about $330 million. Truemeds, based in Mumbai, focuses on providing affordable generic alternatives to branded medications.
Truemeds' Approach
Truemeds aims to disrupt the traditional medicine supply chain by eliminating middlemen, thereby reducing costs. The platform operates entirely on...
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Sarah J
@sarah
a month
Google has announced significant changes to its search experience, aiming to make it more visual, personalized, and AI-driven. The updates, revealed at the company's Search On event, include:
Enhanced Visual Search
Google is introducing a more visual search interface, particularly for shopping-related queries. Users will see large, scrollable images and product information directly in search results, making it easier to compare items visually...
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Sarah J
@sarah
a month
India boasts the world's third-largest startup ecosystem, with over 100 unicorn companies. However, despite the hype surrounding startups as job creators and innovators, the reality is more complex.
Employment Generation
- Startups are often seen as job creators, but data shows mixed results.
- Only 8.42% of early-stage Indian entrepreneurs expect to create more than five jobs in five years.
- Job creation expectations among India...
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