IIT Madras and ISRO Develop Indigenous Space Chip

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.

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Zomato Launches AI Support Platform ‘Nugget’

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.

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Meta Voices Concerns Over Antitrust Ruling in India

Meta has raised concerns about a recent decision by India’s Competition Commission (CCI), which found the company had misused its dominant position by bundling certain features on its platforms. According to Meta, this ruling could lead to some features being scaled back, which might affect both users and businesses that depend on its services.

While Meta is committed to complying with regulations, the company has highlighted the potential challenges this decision poses for its operations in India. It hopes to work closely with authorities to find a balanced approach that allows it to continue offering valuable tools and experiences to its millions of users in the country.

This situation reflects the increasing regulatory pressure on big tech companies and Meta’s efforts to navigate these challenges while staying connected with its users in one of its largest markets.

Read more on reuters.

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