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Yourstory
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IndiaAI Mission is trying to address gaps in India's AI story: MeitY's Abhishek Singh
- IndiaAI Mission, an initiative by the Ministry of Electronics & Information Technology (MeitY), is addressing critical gaps in India's AI story, aiming to boost research and large-scale model development.
- The Mission provides affordable high-performance hardware and a dataset platform, AI Kosh, offering curated datasets for AI model training and deployment.
- IndiaAI Mission is working towards supporting foundation models and addressing the country's lag in patents, fundamental research, and large-scale models compared to the US and China.
- Efforts are also focused on building ethical AI systems, with tools being developed for auditing algorithms, bias mitigation, and ensuring compliance with ethical principles.
- To enhance regulatory capacity, India is focusing on developing tools to monitor AI applications while ensuring innovation and limiting harmful effects.
- While promoting inclusive access to AI services and startups, the Mission highlights challenges such as the need for patient capital, increased R&D expenditure, and digital infrastructure accessibility in multiple Indian languages.
- Initiatives like the Anusandhan National Research Foundation and the Deep Tech Startup Fund of Funds aim to bolster R&D funding, with substantial allocations by the government to support deep tech innovation.
- The focus is on deploying significant government-backed capital through fund-of-fund models to unlock greater investments and support startups in the AI and deep tech sectors.
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The Robot Report
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Celebrate top robotics innovators at the Robotics Summit & Expo’s RBR50 Gala
- The RBR50 Gala at the Robotics Summit & Expo celebrates top robotics innovators.
- The gala honors the 2025 RBR50 Robotics Innovation Award Winners.
- The event will include a cocktail hour, dinner, and opportunities to meet and hear from industry leaders.
- The Robotics Summit & Expo features educational sessions, exhibitors, and networking opportunities.
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Gritdaily
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Viva Bible: The World’s First Star-Studded Spanish-Language Audio Bible
- Viva Bible is introducing a Spanish-language audio Bible with a star-studded cast and immersive audio technology.
- The production features a Hollywood-level approach with award-winning Spanish-speaking celebrities and over 300 voice actors.
- The Viva Bible app uses AURO 3D sound technology to create a theater-like immersion, enhancing the listening experience.
- The app aims to reach the global Spanish-speaking Christian population with a convenient subscription model and plans for collaboration with influential voices.
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Gritdaily
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Tipsy Without the Tequila? cbdMD Has You Covered
- CBD-infused Delta 9 THC Drink Mixers by cbdMD are offering a buzz without alcohol.
- Recent research suggests that no amount of alcohol is truly safe and is linked to health issues.
- The pocket-sized Delta 9 THC Drink Mixers contain 3 mg of Delta 9 THC and 3 mg of CBG per serving.
- The drink mixers are hemp-derived, federally compliant, lab-tested, vegan, gluten-free, and zero-calorie.
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Gritdaily
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GrowWealthy Is Revolutionizing Investing with AI, Tailored to Your Investor Profile
- GrowWealthy, an AI-powered platform, is revolutionizing investing by offering tailored strategies based on individual investor profiles.
- The platform leverages artificial intelligence to provide users with smarter, data-driven investment decisions.
- GrowWealthy categorizes investors into three profiles - Trailblazer, Strategist, and Guardian - with each having customized strategies to maximize potential returns.
- In addition to personalized strategies, GrowWealthy offers educational resources to empower users and expand their financial literacy.
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Killerstartups
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Saudi stock market hits record loss
- The Saudi stock market experienced its worst loss in five years as new U.S. tariffs took effect.
- The decline shows the market’s vulnerability to global economic tensions.
- The government is expected to take steps to stabilize the market and reassure investors.
- As the global economic landscape continues to change, investors will be closely watching the situation to see the broader effects of these tariffs on international trade and market stability.
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Killerstartups
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Mewgenics trailer released after 13 years
- The first trailer for 'Mewgenics,' the long-awaited game from the developers of 'The Binding of Isaac,' has been released after 13 years of anticipation.
- The trailer offers a bizarre and darkly humorous narrative centered around mutated cats, showcasing scenes of chaos, violence, and regret.
- The game promises a twisted take on the concept of cuteness associated with cats, featuring dark elements such as blood-splatter effects, dismemberment, and areas littered with feces and urine.
- Fans can expect hands-on coverage of the game to be published in May, with the release set for sometime in 2025.
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Pymnts
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Ripple Pays $1.25 Billion For Prime Brokerage Hidden Road
- Stablecoin company Ripple has acquired prime brokerage Hidden Road for $1.25 billion, making it the first cryptocurrency company to own and operate a multi-asset prime broker.
- Hidden Road is a rapidly growing prime broker that offers clearing, prime brokerage, and financing services across various markets.
- The acquisition aims to bring credibility and professional trading services to digital assets and bridge the gap between traditional finance and decentralized finance.
- With Ripple's support, Hidden Road can become the largest non-bank prime broker globally, catering to institutional customers on a large scale.
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Medium
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We’re hiring an Assistant Controller
- Lerer Hippeau is hiring an Assistant Controller who will oversee financial operations and reporting across their funds.
- The Assistant Controller will report to the CFO and ensure accuracy, compliance, and timeliness in all financial deliverables.
- The position requires a self-starter with strong analytical skills and communication abilities.
- The base salary for the position is expected to be between $150,000 - $200,000 per year, along with a competitive equity package.
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Pymnts
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Walgreens Continues Turnaround Efforts Ahead of Planned Acquisition by Private Equity Firm
- Walgreens Boots Alliance (WBA) reported second-quarter fiscal 2025 sales of $38.6 billion, a 4.1% YoY increase.
- Operating loss dropped from $13.2 billion to $5.6 billion compared to the previous year.
- WBA withdrew its fiscal 2025 guidance and canceled its earnings call due to the pending acquisition by Sycamore Partners.
- The merger with Sycamore Partners is expected to close in the fourth quarter, making WBA a private company.
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Inc42
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Apple To Double Down On India Amid US-China Tariff War
- Apple is planning to double down on its Indian manufacturing capabilities amid the US-China trade war.
- The company aims to export more iPhones from India to the US to offset the higher tariffs imposed on Chinese goods.
- Apple's short-term solution involves focusing on India while seeking exemptions from the US government for imports from China.
- The tech major is looking to assemble a significant portion of its global iPhone production in India by 2026-27.
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Medium
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237
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We’re hiring an Investment Associate
- Lerer Hippeau is hiring an Investment Associate to join their team.
- The Associate will primarily source, research, and diligence companies.
- Lerer Hippeau is an inclusive and flat organization, with opportunities for growth within the firm.
- The position offers a salary range of $110,000 - $180,000 per year, plus equity and bonus, based on skills and experience.
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ISN
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'Mohandas Pai bashed me for my appeals for startups to focus on innovation; it is unfortunate': Piyush Goyal
- Commerce and Industry Minister Piyush Goyal faced criticism from former Infosys CFO Mohandas Pai for urging Indian startups to focus more on innovation.
- Pai highlighted challenges faced by startups including angel tax scrutiny, restrictions on investment, and limited involvement of insurance companies.
- Piyush Goyal questioned if Indian startups are focusing too much on certain ventures and urged them to think big and go global.
- Reactions from the Indian startup ecosystem suggest that the problem is cumbersome regulations rather than a lack of ambition or innovation.
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Inc42
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Centre Unveils New Aadhaar App With Face ID Authentication
- The Indian government has unveiled a new Aadhaar app that enables users to verify their credentials digitally through face authentication.
- The app, currently in beta stage, eliminates the need for physical cards and photocopies.
- The app allows users to share necessary data, strengthen privacy, prevent misuse of Aadhaar data, and protect against forgery and editing.
- The Unique Identification Authority of India (UIDAI) plans to make the app available to all users after receiving feedback from a small group and ecosystem partners.
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Massivelyop
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Star Resonance, the mobile/PC revision of Blue Protocol, readies another beta test in China for April 24
- Star Resonance, the mobile/PC revision of Blue Protocol, is set to have another beta test in China starting on April 24th.
- The upcoming closed test will include new players as well as previous testers and will be available for both PC and Android.
- To participate in the test, players can fill out a questionnaire, take part in official community activities, or sign up as a content creator.
- Please note that this beta test is specific to China and may require additional steps to access for players outside of the region.
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