Does Jagdeep Singh, QuantumScape’s ex-CEO, earn ₹48 crore daily?

Recent claims circulating online about Jagdeep Singh, the former CEO of QuantumScape, allegedly making ₹48 crore a day are completely inaccurate, as confirmed by official company records. A report from DNA India reveals that Singh stepped down from his CEO position in February 2024, giving up all compensation and forfeiting his stock options from the 2021 award program. His 2023 bonus in company shares was the final payout he received before moving to the role of Chairman of the Board.

SEC filings and statements from QuantumScape clarify that Singh is no longer part of any typical compensation plans. Dr. Siva Sivaram took over as CEO on February 15, 2024.

In conclusion, verified documents disprove these viral claims, confirming that Singh does not earn Rs 48 crore a day.

Read more on DNA India.

From Building Loom to a $975 Million Exit: Vinay Hiremath’s Journey to Self-Discovery

Vinay Hiremath, co-founder of Loom, sold his startup to Atlassian for $975 million. Post-sale, he felt directionless and declined a $60 million CTO position at Atlassian.
In his blog, “I am rich and I have no idea what to do with my life,” Hiremath discussed his search for purpose:

  • Robotics: Engaged with the industry but found his interest superficial.
  • Personal Relationships: He traveled with his girlfriend, but their relationship ended due to his insecurities.
  • Physical Challenges: Climbed a Himalayan peak to reconnect with his inner strength.
  • DOGE Project: Joined but realized it wasn’t fulfilling.

Now in Hawaii, Hiremath is studying physics, contemplating a future company focused on tangible products, valuing learning over end goals. His experiences underline the pursuit of personal fulfillment beyond financial success.

Read more on startupstorymedia.

Standout Tech Products of 2024

As we say goodbye to 2024, it’s a great moment to reflect on some of the most inventive and transformative tech products that shaped the year. From leaps in AI to breakthrough hardware, the technology sector kept us on our toes, making us both surprised and inspired. Here’s a recap of the standout products that made headlines in 2024:

1. Apple Vision Pro

Apple’s Vision Pro was among the most eagerly awaited launches of the year. Combining augmented reality (AR) and virtual reality (VR), this stylish and user-friendly headset introduced a whole new level of immersive experiences for both work and play, completely changing how we engage with digital environments.

Key Features:
  • Spatial computing allows for seamless app interaction in a 3D space
  • Stunning visuals paired with advanced spatial audio
  • Intuitive controls using your eyes, hands, and voice
2. Tesla Cybertruck

After years of anticipation, Tesla’s Cybertruck finally made its debut on the roads in 2024. Its futuristic design certainly sparked debate, but there’s no denying it’s a pioneering force in automotive engineering.

Key Features:
  • Impressive range of up to 500 miles on a single charge
  • Bulletproof exoskeleton enhancing durability
  • State-of-the-art autopilot features and solar charging options
3. Google Bard AI

Google’s AI chatbot, Bard, became a must-have for millions of users. Its knack for generating human-like text, handling complex questions, and aiding in creative endeavors really showcased the everyday potential of AI.

Key Features:
  • Multimodal capabilities, allowing input via text and images
  • Integration with Google Workspace to boost productivity
  • Real-time translation and support for language learning
4. Samsung Galaxy Z Fold 6

Samsung’s latest version of its foldable smartphone, the Galaxy Z Fold 6, kept on leading the charge in the foldable phone arena. With enhanced durability, a lighter design, and better multitasking features, it set a new standard for mobile devices.

Key Features:
  • Smooth foldable display with minimal creasing
  • Improved multitasking with split-screen capabilities
  • Advanced camera system with excellent low-light performance
5. Framework Laptop 16

The Framework Laptop 16 marked a significant step forward for modular technology. Designed with DIY enthusiasts in mind, this laptop allows users to easily upgrade and repair its components, winning over eco-conscious and tech-savvy crowds.

Key Features:
  • Fully modular design with customizable GPU and keyboard
  • High-performance specs suitable for gaming and productivity
  • Commitment to sustainability through replaceable parts
6. DJI Inspire 3

For drone lovers and filmmakers, the DJI Inspire 3 raised the bar for aerial cinematography. Its advanced flight capabilities and top-notch camera made it a top pick among professionals.

Key Features:
  • 8K video recording with a full-frame sensor
  • Advanced obstacle avoidance for safer flights
  • Long battery life and impressive speed
7. Amazon Astro 2

Amazon’s Astro 2 home robot took smart home integration to the next level. With AI navigation and Alexa compatibility, it became a helpful assistant for both families and individuals.

Key Features:
  • Smart home monitoring and alerts for intruder detection
  • Personalized interactions using facial recognition
  • Seamless compatibility with Amazon’s ecosystem
8. Meta Quest 3

Meta’s Quest 3 VR headset managed to strike a balance between affordability and high performance. Its focus on mixed reality (MR) experiences made it a noteworthy player in the expanding VR landscape.

Key Features:
  • Mixed reality passthrough enhancing gaming and productivity
  • Lightweight design with long-lasting battery life
  • Access to a vast array of VR and MR applications
9. Bluesky Social Network

In 2024, Bluesky, the decentralized social networking platform, gained significant traction. Offering an alternative to traditional platforms, it put a strong emphasis on user control and data privacy, attracting a diverse user base.

Key Features:
  • Decentralized structure ensuring enhanced security
  • Customizable algorithms for tailored feeds
  • Open-source design promoting innovation
10. Pixal AI Photo Enhancer

Pixal’s AI-driven photo enhancement tool transformed image editing in 2024. Its ability to upscale, deblur, and colorize images effortlessly made it a go-to for both professional photographers and casual users.

Key Features:
  • AI-powered upscaling and deblurring capabilities
  • One-click color correction and improvements
  • User-friendly interface suitable for all skill levels
11. Innovative Electric Vehicles

2024 brought a wave of new electric vehicles (EVs) that redefined eco-friendly transport. Some highlights included:

  • Lucid Air Sapphire: A luxury EV known for its exceptional speed and range.
  • Rivian R2: A compact electric SUV perfect for city explorers.
  • Hyundai Ioniq 7: A spacious EV featuring the latest in autonomous driving tech.
Honorable Mentions:
  • NVIDIA GeForce RTX 5090: The ultimate graphics card for gamers and creators, providing unmatched performance.
  • Sony A7R V: A powerful camera ideal for photographers who demand high-resolution images.
  • Peloton Row: Transforming home fitness with smart rowing workouts.

Check out more on technewsworld.

Nvidia Unveils RTX 50-Series GPUs and AI Innovations at CES 2025

Nvidia wowed CES 2025 with its RTX 50-series GPUs, powered by the groundbreaking ‘Blackwell’ architecture. AI advancements like ‘Cosmos’ promise smarter robots and autonomous vehicles, while Project DIGITS empowers developers. A big Toyota deal boosted its automotive ambitions, and its stock hit record highs, cementing Nvidia’s dominance in tech innovation.

Read more on Reuters, Polygon, Theverge

Innovations at CES 2025: Samsung’s AI-Powered TVs and Kirin’s Electric Salt Spoon

At CES 2025, Samsung introduced its latest TV lineup featuring advanced AI capabilities. These televisions function as “intelligent companions,” integrating with smart home devices to provide real-time updates, safety alerts, and personalized content recommendations. Notable features include Click to Search, allowing instant information retrieval about on-screen content, and Live Translate for seamless translation of international films. The flagship Neo QLED 8K QN990F model exemplifies Samsung’s commitment to AI integration across its product range.

In the realm of culinary technology, Kirin Holdings showcased its Electric Salt Spoon. This innovative utensil uses a weak electric current to enhance the perception of saltiness in low-sodium foods, aiming to address health concerns related to high salt intake. Initially released in Japan, Kirin plans to expand its availability globally, offering a novel solution for those seeking to reduce sodium consumption without compromising flavor.

These developments highlight the diverse range of technological advancements presented at CES 2025, reflecting a convergence of AI integration in consumer electronics and innovative solutions in health-conscious culinary tools.

Read more on TechCrunch.

OpenAI CEO Predicts Superintelligence Advancements Amid Safety Concerns

OpenAI CEO Sam Altman believes artificial general intelligence (AGI) and superintelligence are within reach, potentially transforming industries and accelerating innovation. However, concerns remain about AI safety and control, especially as OpenAI shifts focus to commercialization. Altman acknowledges challenges but remains optimistic about the future, emphasizing the need for the cautious yet impactful development of AI systems.

Read more on TechCrunch.

MahaKumbh Mela 2025: Where Faith Meets the Digital Age

The Maha Kumbh Mela happening in Prayagraj in 2025 is gearing up to merge age-old traditions with cutting-edge technology. To enrich the experience for pilgrims, there’ll be AI-driven apps, surveillance systems, and chatbots in place. Plus, virtual reality and drone displays will create a more engaging atmosphere. On the sustainability front, efforts like a ban on single-use plastics and AI-enhanced waste management highlight a strong dedication to being eco-friendly.

Read more on yourstory.com.

ISRO Successfully Launches SpaDeX Mission for Satellite Docking

ISRO launched the SpaDeX mission from Sriharikota on Dec 30, 2024, marking India’s first attempt at docking two satellites in space. Using indigenous “Bharatiya Docking System” technology, this milestone paves the way for missions like Gaganyaan and India’s space station. The satellites will unite at a speed of 0.036 km/hr.

Read more on HindustanTimes.

PM Modi Praises Perplexity AI CEO Aravind Srinivas for His Outstanding Work in AI

Aravind Srinivas, Indian-origin CEO of Perplexity AI, met PM Narendra Modi to discuss AI adoption in India. Srinivas praised Modi’s vision and dedication to technology, while the PM commended his work with Perplexity AI. Their meeting highlighted India’s focus on leveraging AI for the future.

Read more on NDTV.

Zoho CEO Sridhar Vembu reignites 70-hour work week discussion, argues against working towards ‘demographic decline’

Sridhar Vembu, the CEO of Zoho, has brought the discussion about the 70-hour work week back into the spotlight. He pointed out how East Asia has seen impressive economic growth driven by hard work, but he also raised concerns about demographic challenges, particularly low birth rates. According to him, it’s only necessary for about 2-5% of the workforce to put in those long hours for growth to happen. He stressed the importance of maintaining a good work-life balance and warned against prioritizing economic gains at the expense of demographic health, contrasting this with the situation in China.

Read more on YourStory and X.