Browsing daily archive

August 3, 2024

Meta’s AI Finds a Home: India Now Largest Market as Q2 Revenue Hits $39.1 Billion

New Delhi | Updated 03-08-2024, 01:19 PM Meta’s Q2 revenue hits $39.1 billion, with a 22% year-over-year increase. India becomes Meta’s largest market for AI usage, particularly on WhatsApp. Meta expands AI assistant to seven new languages, including Hindi, and sees growth in its Threads platform.   India has emerged as Meta’s largest market for AI usage, CEO Mark Zuckerberg revealed during the company’s second-quarter earnings call. This milestone highlights the rapid adoption of AI technology in India and Meta’s growing presence in the country. “We are seeing particularly promising…

Chandrayaan-3 Success Boosts Startup Interest in Indian Space Sector: Former ISRO Scientist

New Delhi | Updated 03-08-2024, 12:51 PM ISRO’s Chandrayaan-3 mission sparks startup interest in Indian space sector, says ex-ISRO scientist Nambi Narayanan. Tamil Nadu Minister TRB Rajaa and Narayanan launch Vaanam Space Tech Accelerator to support space startups. Vaanam aims to nurture startups with expertise and funding, evaluating six startups this year.   The successful Chandrayaan-3 mission by ISRO has ignited a wave of interest among startups aiming to enter the Indian space sector, according to former ISRO scientist Nambi Narayanan. This enthusiasm was evident at the launch of the…