Wipro Declares Interim Dividend; Q3 FY25 Profit Soars 24%

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.

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IIT Madras Gains Free Access to Perplexity AI’s Pro Version

IIT Madras students, faculty, and staff gain free access to Perplexity AI’s Pro version, announced by alumnus and CEO Aravind Srinivas. This advanced search tool, normally $20/month, offers deeper AI capabilities. The initiative aims to boost AI education and research. Srinivas is also looking to expand Perplexity’s operations in India and recently met PM Modi.

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Blackstone Plans Rs 4,500 Crore Investment for Hyderabad Data Centre

Blackstone has signed an MoU with Telangana to build a 150 MW data center in Hyderabad for Rs 4,500 crore. This facility, aimed at hyperscale clients, will support AI and cloud services. Concurrently, Microsoft plans a $3 billion investment in India’s AI and cloud infrastructure, partnering with MeitY for ethical AI development under the IndiaAI Mission.

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Google’s Gemini AI Now Empowers Everyone with Advanced Smart Home Control

Google’s Gemini AI smart home controls are now available to all users. The Google Home extension in the Gemini app allows for complex commands like adjusting multiple lights. Users can control devices via natural language, manage settings from the lock screen, and handle media control on smart devices. The rollout begins today, extending over weeks.

Read more on TheVerge.

Pearl: The AI Search Engine Blending AI Answers with Human Expertise


Pearl, a new AI search engine, combines AI answers with human fact-checking and expert consultations. It uses JustAnswer’s data and popular AI models to provide responses, offering a freemium model. Legal clarity under Section 230 remains uncertain. Testing showed mixed results, with some answers not significantly improved by human input, suggesting limited value over free online resources.

Read more on WIRED.

Pipeshift Secures $2.5M from Y Combinator to Revolutionize AI Workload Orchestration

Pipeshift, an I infrastructure startup, has raised $2.5M in seed funding led by Y Combinator and SenseAI Ventures. The funds will launch a PaaS to orchestrate AI workloads across infrastructures. With over 30 clients, including NetApp, Pipeshift aims to simplify AI deployment for enterprises, reducing the need for extensive engineering efforts.

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Spotify Co-Founder’s Neko Body-Scanning Startup Secures $260M, Valued at $1.8B

Stockholm’s Neko Health, co-founded by Spotify’s Daniel Ek, raises $260M in Series B, valuing it at $1.8B post-money. The funding will expand U.S. operations, enhance diagnostics, and open more clinics. With over 100,000 on the waitlist, Neko focuses on preventative care through full-body scans, leveraging AI and new sensor tech.

Read more on TechCrunch.

YouTube Enhances Premium Experience with New Audio and Playback Features

YouTube is testing new features for Premium users, including high-quality 256kbps audio, 4x playback speed on mobile, and “Jump Ahead” on the web. They’re also expanding picture-in-picture for Shorts on iOS, smart downloads for offline viewing, and AI-driven features like “Ask Music” in the U.K. and Ireland, and conversational AI for video queries.

Read more on TechCrunch.

OpenAI, SoftBank, and Oracle Launch $500 Billion AI Data Center Project

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.

DPIIT and Apna Partner to Boost Startup Employment

The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with Apna to provide ₹2,000 hiring credits to 700,000 startups on the Bhaskar platform, aiming to enhance job creation for India’s youth. This initiative, currently worth ₹140 crore, could grow to ₹300 crore. The collaboration will align job postings with industry needs, using Apna’s AI tools to connect startups with skilled workers, fostering growth and innovation.

Read more on LiveMint.