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The Indian government warns Mozilla Firefox users

The government of India has issued a high-level warning for users who use Mozilla Firefox to browse the internet.  According to the latest update from the Indian Computer Emergency Response Team (CERT-In), many security vulnerabilities in Mozilla products have been uncovered. Hackers could exploit these flaws to not only overcome security constraints, but also to conduct spoofing attacks, run arbitrary code, and collect sensitive information without users’ knowledge, according to CERT-In. These security flaws affect all Mozilla Firefox versions prior to the recent Firefox 98 release, according to the security firm….

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European AI Project Hopes to Develop Precision Medicine for ALS

Precision ALS, an ambitious Irish research initiative, will integrate clinical research, data science, and artificial intelligence (AI) to discover the numerous — and potentially targetable — elements that contribute to the development and progression of amyotrophic lateral sclerosis (ALS). Instead of a one-size-fits-all strategy, the idea is to use this information to decide which treatments will work for each patient. “Despite significant advances in pre-clinical models that help us understand the biology of disease in animals, the success of clinical trials has been disappointing,” Orla Hardiman, MD, the project’s director…

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IIT Madras Incubation Cell and RBI Innovation Hub sign MoU to develop ecosystem for fintech startups

IIT Madras Incubation Cell (IITMIC) and RBI Innovation Hub (RBIH), a wholly owned subsidiary of the Reserve Bank of India, inked a Memorandum of Understanding (MoU) on Wednesday to collaborate in establishing the ecosystem needed to support and expand fintech businesses in India. The two organisations will collaborate to give early-stage entrepreneurs with unique and disruptive ideas with incubation support and speed their scale-up journey. “The startup ecosystem in India makes a significant contribution to the economic prosperity of the nation. Through such incubation partnerships we intend to build a…

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Clear acquires Xpedize, doubles down on supply chain financing

Clear, formerly ClearTax, a provider of online taxes and finance software, announced on Wednesday that it has acquired supply chain financing technology business Xpedize. This is Clear’s second acquisition, following the purchase of Ybanq, a B2B payments platform, in July. By the conclusion of FY’23, Clear hopes to double down on the collateral lending potential and reach $1 billion in total loan disbursement value. Clear will provide Xpedize investors such as HDFC Capital and YourNest Venture Capital an exit as part of the agreement. According to the corporation, it would…

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Content creators platform Cosmofeed raises $1.5M in a Seed round

New Delhi-based Cosmofeed, a content creation platform, has received $1.5 million in seed funding from growx ventures, Waveform Ventures, and 9Unicorns. Silk Bridge Partners (SBP), a Singapore-based investment holding firm, and angel investors Swati Mohan (CBO – Heads Up For Tails, former CMO – Netflix India), Rannvijay Singha (actor, influencer), and Subhadip Nandy participated in the round (trader, financial educator). Cosmofeed, founded by Vivek Yadav and Vishnu Pathak in September 2021, allows content creators to monetize their work and profit on a regular basis. Creators may easily create premium groups,…

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GAISA 2022 to focus on the power of AI in different sectors

The third edition of the Global Artificial Intelligence summit and awards to raise the curtains on the 14th and 15th of September 2022 with a comprehensive focus on the strategic and tactical benefits of artificial intelligence in various sectors such as healthcare, education, agriculture, smart cities, and transportation. Organized by the All India Council for robotics and automation(AICRA), the GAISA summit is an annual event dedicated to addressing the innovations that happened in the field of artificial intelligence. This season, the summit will bring together international and regional decision-makers, experts,…

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AI will reveal hidden secrets of ancient civilisations

The Sumerian language spawned the earliest form of writing around 5000 years ago in Mesopotamia (modern-day Iraq). However, time has taken its toll on these early writings, inscriptions, and instructions. Historians have long been concerned about the disappearance of manuscripts that could provide insight into ancient civilisation’s life and culture; Artificial Intelligence has now come to their rescue. The first deep neural network, named after Ithaca, a Greek island in Homer’s Odyssey, will aid in not only reconstructing the lost text of damaged inscriptions, but also identifying their original location…

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ConsenSys raises $450 million Series D funding at $7 billion valuation

ConsenSys, a decentralised protocols and ethereum software firm based in the United States, has raised $450 million in funding, bringing its total worth to $7 billion. Temasek, SoftBank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures, and C Ventures joined the round as new investors, including Temasek, SoftBank Vision Fund 2, Microsoft, Anthos Capital, Sound Ventures, and C Ventures, who had previously invested in ConsenSys’ Series C round in November last year. Third Point, Marshall Wace, True Capital Management, and UTA VC, United Talent Agency’s venture fund, were among the…

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Skye Air Mobility, Redcliffe Labs to begin drone deliveries in April

Skye Air Mobility, an Indian drone delivery and logistics firm, plans to launch its first commercial drone delivery project at scale in April, in collaboration with Redcliffe Labs, an Indian diagnostics service provider. While the two businesses are working on a commercial pilot project, Ankit Kumar, CEO of Skye Air, claimed the future initiative will be the first commercial drone delivery project beyond the testing phase. Kumar also claimed that the partnership with Redcliffe Labs is the first at this scale in India. “We will begin with select districts, and…

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WhatsApp’s new update will make it easier for users to deal with long voice notes

Have you ever received a three-minute audio message from a friend and felt compelled to check your other texts because it was so boring? WhatsApp, on the other hand, will now make things easier for you, particularly when it comes to voice notes. Some Android beta users can now use the global voice player, which has shown in previous beta updates and was even tested on the WhatsApp desktop. The feature was previously given out to iOS beta testers, so they’ve already had a chance to try it out. The…

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