IBM Puts Time Series Models on Confluent, Building On OpenAI Partnership
IBM deploys Time Series Models for real-time intelligence on Confluent, weeks after its enterprise AI partnership with OpenAI, highlighting a dual strategy for AI adoption.
Contributing Writer at Launch91 covering India's startup and technology ecosystem.
IBM deploys Time Series Models for real-time intelligence on Confluent, weeks after its enterprise AI partnership with OpenAI, highlighting a dual strategy for AI adoption.
Ultrahuman, the smart ring maker, raised $70 million in a Series C round led by Qualcomm Ventures, with participation from Labcorp, Alpha Wave, and Nexus Venture Partners, focused on R&D for its health intelligence platform.
Adobe acquires Indian AI marketing intelligence firm Rilo, its second such acquisition from India, as Anil Chakravarthy takes over as CEO from Shantanu Narayen.
Bengaluru-based Yuma Energy has secured $35 million in Series A funding from Magna International Inc. and acquired Grinntech to expand its battery-swapping network and enhance in-house technology in India.
JioHotstar has launched its streaming service in the UK, Canada, and Singapore, offering 160,000+ hours of content across 12+ Asian languages, marking its first international expansion.
New research introduces VakyArth, the first pragmatic benchmark for Indic languages (Hindi, Punjabi, Tamil, Malayalam) to evaluate LLM contextual understanding. Separately, SpeakPay demonstrates a 67.2% WER reduction for Nepali financial speech recognition, improving transaction success rate twenty-fold.
Shein completed its $1 billion IPO on the Hong Kong stock market, seeing its valuation adjust to $26.5 billion from nearly $100 billion in 2022 amidst new US and EU tariffs.
upGrad has acquired Unacademy for just over $200 million, a 94% drop from its 2021 peak valuation of $3.44 billion, marking a significant re-evaluation in the Indian edtech sector.
Sony Music and Warner Music have sued Anthropic, alleging its Claude AI models used copyrighted songs, lyrics, and sheet music for training and can reproduce them verbatim.
Pune-based deeptech firm Aeron Systems raised Rs 45 crore ($4.7 million) in a Pre-Series B round led by Riverwalk Holdings and MGF-Kavachh, targeting manufacturing, R&D, and international market expansion.