EducateKaro – Curated News on Tech, Startups & Entrepreneurship
Curated News on Tech, Startups & Entrepreneurship
OpenAI has unanimously rejected Elon Musk’s $97.4 billion offer to acquire its nonprofit arm, reaffirming that “OpenAI is not for sale.” CEO Sam Altman dismissed Musk’s bid as an attempt to slow down OpenAI, calling him “insecure” and urging him to compete by building a better product.
Read complete interview on livemint
IIT Madras and ISRO have jointly created the IRIS chip, an indigenous semiconductor for space and computing applications. Built on the Shakti processor, manufactured in India, it enhances ISRO’s mission efficiency and supports the ‘Make in India’ initiative, reducing reliance on foreign technology.
Read more on swarajyamag
Zomato introduces ‘Nugget’, an AI-driven customer support tool developed by Zomato Labs. Handling 15 million interactions monthly, it automates 80% of queries, offering businesses worldwide customizable, low-cost support without needing developers. The platform is now available globally, with free access for founders stuck with legacy providers.
Read more on MoneyControl
Shantanu Naidu, former aide and close confidant of Ratan Tata, has been appointed General Manager and Head of Strategic Initiatives at Tata Motors. Naidu shared an emotional LinkedIn post recalling childhood memories of his father working at the same plant. The 2018 Tata protégé gained attention for their unique bond, collaborative projects like stray dog safety innovations, and founding elderly-care startup Goodfellows. His promotion follows Tata’s 2024 demise, whom Naidu tributed as “my dear lighthouse.”
Read more on NDTV
Over 1,250 Google employees from the U.S. and Canada signed a petition titled ‘Googlers for Job Security’ demanding better severance terms and job stability. The petition, addressed to CEO Sundar Pichai, criticizes ongoing layoffs, poor performance reviews, and lack of buyout options, highlighting the impact on work quality and morale. It seeks a response within two weeks.
Read more on TheHindu
Elon Musk’s X is partnering with Visa to launch the “X Money Account” for real-time payments, aiming to make X an “everything app.” The service will allow digital wallets and P2P transfers linked to debit cards, with plans for future expansion. This move aligns with Musk’s long-term vision of creating a multifunctional platform like WeChat.
Read more on BusinessStandard.
Wipro announced an interim dividend of Rs 6 per share for FY 2024-25 with Q3 results showing a 24% YoY net profit increase to Rs 3,354 crore. The record date is January 28, with payment by February 15. Analysts have mixed views, with target prices ranging from Rs 280 to Rs 350.
Read more on NEWS18.
OpenAI, SoftBank, and Oracle have launched the Stargate Project, aiming to invest up to $500 billion in AI infrastructure in the U.S. over four years, starting with $100 billion. The initiative begins in Texas and promises to create numerous jobs while bolstering U.S. AI leadership. Key tech partners include Microsoft, Nvidia, and Arm, with MGX as an investor, focusing on building data centers to support AI advancements.
Read more on TechCrunch.
Truecaller has introduced real-time caller ID for iOS with an update following Apple’s iOS 18 release, which supports Live Caller ID Lookup. This feature was previously exclusive to Android users. The update comes after co-founders Alan Mamedi and Nami Zarringhalam stepped down in November 2024. Truecaller, with 2.6 million paying subscribers, sees significant revenue from iOS, where it has converted 750,000 users to its premium service. They’ve also addressed challenges in markets like India with new server architecture and encrypted databases.
Read more on TechCrunch.
Investing platform Zerodha has achieved a remarkable milestone of over 1.6 crore users managing assets worth ₹6 lakh crore, co-founder Nithin Kamath shared in a LinkedIn post. The platform’s success is attributed to its customer-centric philosophy, with nearly 30% of its user base joining through referrals.The platform’s growth stands out for its ad-free approach, focusing on customer value rather than flashy marketing. Kamath likened advertising to an addiction. While dominant among English-speaking users, Zerodha aims to expand in Hindi-speaking markets like Uttar Pradesh and Bihar by launching Hindi content channels to boost regional outreach.
Read more on FinancialExpress.
