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Tech News

  • Posted on July 19, 2023

Reliance-backed Dunzo defers staff pay again amid funding search

Dunzo, a hyperlocal delivery startup in India, is postponing employee salaries for a month and intends to settle remaining dues from the previous month also in September as the Google and Reliance Retail-backed

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  • Posted on July 19, 2023

Neura Robotics picks up $55M to ramp up in cognitive robotics

Neura Robotics, a German startup that since 2019 has been building cognitive robots — machines that possess memory, the ability to operate across a complex and changing mix of variables, and can collaborate with

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  • Posted on July 19, 2023

Korean fashion platform Musinsa bags $190M Series C led by KKR at a $2.7B valuation

Musinsa, a Seoul-based fashion marketplace, said Wednesday it has raised a $190 million round of Series C funding led by KKR, with participation from Wellington Management.  The new capital put Musinsa’s valuation

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  • Posted on July 19, 2023

AI Makers Urged to Stop Stealing from Authors

The development of Artificial Intelligence (AI) has introduced new moral dilemmas into a world where technology is advancing at an unprecedented rate. Artificial intelligence (AI) that mimics the style of well-known

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  • Posted on July 19, 2023

Amazon and Apple Just Got Hit With a $218 Million Fine. Here’s Why

Apple and Amazon were fined a combined $218 million by Spain’s antitrust watchdog for anti-competitive practices. The penalty for Apple was $161 million, while Amazon’s was $56.7 million. The two tech giants have

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  • Posted on July 19, 2023

Shark Tank India investors fall short on pledges

Over a year following the inaugural season of the Indian edition of Shark Tank, the seven esteemed investors made good on less than half of their investment pledges, according to a new analysis, the latest in a

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  • Posted on July 19, 2023

Forerunner Ventures sees a future full of “digitally native franchises”

Forerunner Ventures made its name in the venture world by betting on once-nascent startups like Jet, Bonobos and Glossier when it was far easier to build a digitally native brand than today. But as commerce has

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  • Posted on July 19, 2023

Meta Launches Commercial Version of Open-Source AI Model Llama

Meta has announced the launch of Llama 2, the commercial version of its free and open-source AI framework. Freely accessible through Microsoft’s Azure cloud service and other providers, the model was previously

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  • Posted on July 19, 2023

Basecamp introduces special reduced pricing in India

Basecamp, one of the widely used project management tools first released in 2004, is now available to users in India with special reduced pricing that is as low as about $4 a month. On Tuesday, 37signals co-founder

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  • Posted on July 19, 2023

Meta releases Llama 2, a more ‘helpful’ set of text-generating models

The generative AI landscape grows larger by the day. Today, Meta announced a new family of AI models, Llama 2, designed to drive apps such as OpenAI’s ChatGPT, Bing Chat and other modern chatbots. Trained on a mix

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