Edtech platform Unacademy is branching out into the hybrid-retail model With the opening of experience stores across the country. Unacademy is now planning to open four storefronts that will serve as an experience zone for students and parents to learn about the company’s offerings and subscription models. The stores will cater to new users interested in enrolling in Unacademy courses. Existing Unacademy students can also visit these locations to see their teachers. The Unacademy store will have a learning counseling space, an in-house library with reading materials, and courses with top…
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DeepMind co-founder Mustafa Suleyman launches new AI venture
DeepMind co-founder Mustafa Suleyman has joined two other high-profile industry figures in launching a new venture called Inflection AI. LinkedIn co-founder Reid Hoffman is joining Suleyman on the venture. “Reid and I are excited to announce that we are co-founding a new company, Inflection AI,” wrote Suleyman in a statement. “Inflection will be an AI-first consumer products company, incubated at Greylock, with all the advantages and expertise that come from being part of one of the most storied venture capital firms in the world.” Dr Karén Simonyan, another former DeepMind…
Read MoreDarktrace adds 70 ML models to its AI cybersecurity platform
Darktrace has added 70 new machine learning models and over 80 new features to its flagship AI cybersecurity platform. The Cambridge-based company, which utilises self-learning AI to safeguard businesses across various industries, was created in 2013 by mathematicians and cyber defence professionals. As part of Darktrace’s Antigena autonomous response technology, machine learning is utilised to make thousands of “micro-level” decisions in the background. Antigena has been enhanced with 70 new machine learning models to boost its ability to neutralise threats automatically in real time. “The hallmark of a great AI…
Read MoreTwitter launches Tor version focused on security and privacy
Twitter has released a new Tor-based version of the service, allowing users to have a more private experience while avoiding Russian censorship. Russia recently prohibited prominent social networking sites such as Twitter and Facebook, prompting the announcement of the new version. The main goal of limiting access to Twitter was to prevent the dissemination of misleading information and maintain control over what information was viewed by domestic audiences about the invasion of Ukraine. Alec Muffett, a software engineer who helps businesses establish onion sites, said on Twitter that the platform…
Read MoreGovernment funds 800 startups under RKVY to fuel innovation
The Centre has invested Rs 118.65 crore in about 800 startups under the Innovation and Agri-entrepreneurship Development Programme component of the Rashtriya Krishi Vikas Yojana (RKVY), to fuel innovation in the fields of artificial intelligence (AI), internet of things (IoT), information and communication technology (ICT), and blockchain technology in the agriculture sector. The move is part of the government’s larger effort to modernise agriculture and related industries in order to boost output, quality, efficiency, and profitability. Prime Minister Narendra Modi recently urged entrepreneurs, corporations, the technology sector, and the financial sector…
Read MoreNinjacart acquires SaaS platform Tecxprt to streamline supply chain
Ninjacart, a fresh fruit supply chain startup, has acquired Tecxprt, a communication platform based on Software-as-a-Service (SaaS). As part of the acquisition, the whole Tecxprt team will join Ninjacart. The size of the transaction was not disclosed by the corporation. Flipkart-and-Walmart-backed The acquisition, according to Ninjacart, would help the company digitise its operations and promote real-time communication throughout the food supply chain. “We are thrilled to have the Tecxprt team on board. With this acquisition, we will further strengthen our position as a one-stop solution for agri-players, retailers and small…
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WhatsApp testing feature to keep disappearing messages in chat
WhatsApp is experimenting with new ways to improve the utility of the disappearing messages feature. The messaging app was spotted experimenting with the ability to save messages that were about to vanish. When you send a disappearing message, you don’t want it to stay in the recipient’s inbox for more than a set amount of time. However, if you have the feature enabled, you may accidentally send an important message, which will then vanish because you have it enabled. In such cases, WhatsApp’s soon-to-be-announced “Keep the disappearing message” feature will…
Read MoreNinjacart acquires SaaS platform Tecxprt to streamline supply chain
Ninjacart, a fresh produce supply chain startup, has announced the acquisition of Tecxprt, a SaaS-based communication platform. As part of the deal, the entire Tecxprt team will join Ninjacart. The size of the transaction was not disclosed by the company. Ninjacart, which is backed by Walmart, claims that the acquisition will help it and Flipkart digitise their operations and facilitate real-time communication throughout the food supply chain. Thirukumaran Nagarajan, cofounder and CEO of Ninjacart, said, “We are thrilled to have the Tecxprt team on board With this acquisition, we will…
Read MoreTiger Global, A91 Partners participate in EatClub’s $30 mn secondary funding round
EatClub Brands – formerly Box8 – is nearing the completion of a $30 million secondary funding round, in which existing backer Tiger Global is expected to increase its stake, according to sources familiar with the matter. A91 Partners, a Mumbai-based investment firm, will also participate in the secondary stock purchase, which will see existing backer IIFL sell a portion of its stake in the company, according to the people. Box8 was first backed by IIFL Seed Venture Funds, the venture capital and private equity arm of IIFL Wealth & Asset…
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